Proposition S Shady Update for Tuesday
In the meantime, a cash strapped city has plans for a $36 million city funded gentrification of Broadway even though the Latino business owners, workers and shoppers who've kept the famous district afloat for years aren't taking to the idea of their tax dollars being spent to bring in yuppies to put them out of business. Broadway has potential, but its pretty vibrant at present. Anyone who wants to develop it should put their own money into it. In the meantime, Walter Moore points out the disconnect between bureaucrats crying city poverty on one hand and others passing out the tax money on the other.
The next part is almost too good to be true. Yet again the Mayor has provided us with our daily laugh. In an effort to do his part about the City's sagging finances, the Mayor is "asking employees to take unpaid vacation days, return city cars and issuing fewer cellphones and Blackberries." It is however not clear whether this directive applies to the Mayor and his staff.
If you didn't catch Joe Mailander's excellent op-ed piece in the Fishwrap of Record, be sure to check it out.
When you tell your friends about Proposition S and the increase in taxes on their cell phone, text messages and internet service make sure they know all about the 27% employee salary increases, the tax breaks given to the owners of the Staples Center that matches dollar for dollar the estimated tax revenues from Proposition S and all the shady ways the Mayor has bamboozled you. But its okay - he's cutting back on BlackBerrys. Of course he is - he doesn't want the City to have to pay the extra tax!