The LA Weekly seems to be the only newspaper reporting that Mayor Villaraigosa's much-touted "Clean Tech Corridor" has completely crashed and burned.
And yet, you are asked to rely on Villaraigosa's prediction that a new stadium will pay for itself. I say "baloney." (Actually, I say something else, but I'm trying to be all polite and stuff.)
Villaraigosa and the City Council are signing YOUR name, Joe Taxpayer, to a loan document. You won't get the money, but you will get the bill -- for approximately $86 million per year. Now, people in the private sector are unwilling to risk their own money on building a stadium downtown.
And yet, you are asked to rely on Villaraigosa's prediction that a new stadium will pay for itself. I say "baloney." (Actually, I say something else, but I'm trying to be all polite and stuff.)
Villaraigosa and the City Council are signing YOUR name, Joe Taxpayer, to a loan document. You won't get the money, but you will get the bill -- for approximately $86 million per year. Now, people in the private sector are unwilling to risk their own money on building a stadium downtown.















