Jerry Brown, Dragonslayer
The CRA repeal pays off more in the long term than the short term, and is like pouring a little bleach on city hall. A lot of people I speak to who know about CRA think this is just over $1.5B and a not a huge deal. But the long term debt and interest expense reductions is a big deal. With that said, I don't know how much more fight Brown has in him on this.
The wealthy special interest groups (developers, unions, rich kids looking to build a stadium etc.) with a lot on the line will continue to go at him hard. And with deep pockets, who knows what stink they can raise.
In the end, the only way this gets done is through a compromise with unions. CA will get shafted by the unions or continue to get shafted by the CRA system. As our last governor learned, a fight with unions is a fight to the political death. Unless Brown's ready, and has the stomach, to slay the dragon he will lose.
Is Jerry a dragonslayer? Time will tell.
Labels: CRA, Governor Jerry Brown
Posted by Michael Higby @ 3/15/2011 09:45:00 AM
4 Comments:
My own post... uh-oh.
Thanks.
Jerry won't lose. Californians will lose. And ultimately, the same folks fighting him over this will lose. In the end, if things aren't solved everyone loses.
I HATE CRA!! READ THOMAS SOWELL IN TUES, MARCH 15 LA DAILY NEWS EDITORIALS HE DID A BEAUTIFUL ARTICLE EXPLAINING ON THE MONEY WHY COMMUNITY REDEVELOPMENT IS A POWER PLAY DONE TO IMPRESS THE MASSES FOR POLITICAL GAIN. HE CALLS IT A REDEVELOPMENT HOAX!, PULLED ON THE PUBLIC TO GAIN INCOME TO WIN ELECTIONS, DISRUPT COMMUNITIES AND PROVIDE NO NEEDED IMPROVEMENT IN MANY CASES CAUSING DEPRESSED AREAS TO FORM. READ IT IF YOU DARE!
CRA steals our tax money and gives it to developers. They have ruined Hollywood and other areas.
Give us our tax money back. NO to CRA.
Post a Comment
Subscribe to Post Comments [Atom]
<< Home