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Saturday, March 01, 2008

CRA: A sacred cow that lays golden eggs

ilarumk, Nandi, 20th May, 2007 (via Flickr)
Walter Moore responds to a Daily News examination of City Hall’s latest buzz phrase:

The REAL sacred cow is the one they don't even mention: the Community Redevelopment Agency, which is the vehicle through which Villaraigosa and the City Council give $680 million of your money EACH YEAR to the downtown developers who finance their campaigns.

Sacred cows run wild in City Hall

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