If her last name were not "Hahn," is there any way Janice Hahn would be on the City Council of America's second-largest city?
The question arises because, in her latest press release, City Council Member Hahn reports excitedly that she is working hard to spend your tax money subsidizing a company called Porteon that wants to make electric cars.
Well, "cars" is something of an over-statement. The finished product looks more like what you would get if you handed a golf cart to the cast of "Pimp My Ride." If you visit Porteon's website, you can't even see a picture of the "cars." What does that tell you?
That's understandable once you lay your eyes on the "car." Would you really want your loved ones going anywhere in it, other than from one green to another?
But Janice Hahn is so very confident in her abilities as an investment banker that she is willing to bet millions of dollars of your money on this venture. Hahn hopes that, by giving the company your money and letting it use your land, she will convince its owners to open a factory to start making cars in Watts.
Public policy at its finest: tax struggling businesses during a recession so that career politicians can hand their money to people who cannot convince private investors they will ever turn a profit. What could possibly go wrong?