How do you loan 30mill to an entertainment source when you're laying off teachers? Our kids won't be to brite but they'll be entertained idiots. WOW stellar choice. Instead why don't we just add more arts to school and increase the creativity of our youth
Kate Barner - 15 years ago
This is not about Art, Culture or Tourism (all of which are important to the people of Los Angeles). This is about Corporate Bailouts and the misdirection of public funds. The City of Los Angeles also has a history of making bad loans though its Redevelopment Agency and then writing off those loans or changing some loans to outright grants. Just search the archieves of the LA Times for this mismanagement and while you're at it, search for articles on CIM, billboards, and campaign donations.
There is a finite amount of Federal money available through HUD for Los Angeles and it should NOT be used to bail out wealthy Corporate interests like CIM or Cirque du Soleil. CIM is well connected and has gotten away with a lot of other give-a-ways such as getting two additional sides of billboard graphics for their Sunset-Vine tower. Instead of Corporate welfare, apply this money to where it should be for-affordable housing or development in under-served, low income areas in real need. You are taking away money from the poor and giving it to the rich.
Don't invest precious taxpayer dollars on an already proven risky venture--chasing good money after bad. We have already seen this in our very recent history with Billions of dollars gifted to the very Financial companies who were at the root of our National economic melt-down while executives continue to live high on the hog. The working class taxpayers of Los Angeles deserve better and so do their children.
How do you loan 30mill to an entertainment source when you're laying off teachers? Our kids won't be to brite but they'll be entertained idiots. WOW stellar choice. Instead why don't we just add more arts to school and increase the creativity of our youth
This is not about Art, Culture or Tourism (all of which are important to the people of Los Angeles). This is about Corporate Bailouts and the misdirection of public funds. The City of Los Angeles also has a history of making bad loans though its Redevelopment Agency and then writing off those loans or changing some loans to outright grants. Just search the archieves of the LA Times for this mismanagement and while you're at it, search for articles on CIM, billboards, and campaign donations.
There is a finite amount of Federal money available through HUD for Los Angeles and it should NOT be used to bail out wealthy Corporate interests like CIM or Cirque du Soleil. CIM is well connected and has gotten away with a lot of other give-a-ways such as getting two additional sides of billboard graphics for their Sunset-Vine tower. Instead of Corporate welfare, apply this money to where it should be for-affordable housing or development in under-served, low income areas in real need. You are taking away money from the poor and giving it to the rich.
Don't invest precious taxpayer dollars on an already proven risky venture--chasing good money after bad. We have already seen this in our very recent history with Billions of dollars gifted to the very Financial companies who were at the root of our National economic melt-down while executives continue to live high on the hog. The working class taxpayers of Los Angeles deserve better and so do their children.