Finally, a year after progressive cities like Long Beach cracked down on
Foreclosure epidemic hits middle class -- L.A. wants to subsidize resales
Fresh from guaranteeing toilets and other comforts to day laborers on the street, the City Council has disclosed its real plans for the city's future: Homes for the poor in Brentwood and Studio City and subsidizing sales of foreclosed homes to the working poor. OK, that's not completely fair but I'm entitled to some literary license, aren't I? Here's the facts: the Times, which devotes all of 8 paragraphs to approval of the controversial Housing Element of the General Plan without actually mentioning it, reports that "inclusionary zoning" was included for the first time to require units be set aside for poor people in all new developments The Daily News is more complete, emphasizing the goal is to build 113,000 new homes in five years no matter what you want. And Rick Orlov talks to Mercedes Marquez, general manager of the Housing Department, and finds out the city wants a big chunk of the $1.2 billion coming to the state in federal funds so it can buy up the soaring number of foreclosed homes and sell them to people with incomes around or below the median level. "The first year, it was primarily the subprime loans where we saw the most foreclosures. But now we're beginning to see it hit the middle-class loans." Marquez said.
Should bashing the incredible shrinking -- and shirking -- Times become an Olympic sport?
I've spent too many years criticizing the L.A. Times for its criminal neglect of Los Angeles to ignore the double-barreled beating it just got.
At L.A. Observed, Kevin Roderick, the former Timesman and defender of its "glory" days, mocks Editor Russ Stanton for publicly boasting that the incredible shrinking paper is fatter than ever -- 828 pages -- and even fatter than the N.Y. Times. The evidence is provided in an email from "a former editor of another Los Angeles newspaper" -- be assured this one wouldn't hide behind anonymity -- who sat down and counted the pages and reported 80 percent were preprinted ad inserts that routinely fill up recycling cans unread.
At Patterico's Pontifications, blogging prosecutor Patrick Frey publishes an email to Stanton from attorney Michael Fabet who represents my long-time friend Doug Dowie in his appeal of his conviction in Fleishman-Hillard's overbilling the DWP. Faber accuses the paper of letting former Times editors and Fleishman executives Fred Muir and Carol Stogsdill hide behind anonymity in its coverage of the story and of ignoring Muir's self-incriminating testimony at the trial. Patterico says what interests him is the allegation "that people with connections to the L.A. Times were given favorable treatment in the stories."
In the category of what a small town L.A. is, it's worth noting that Stogsdill runs the PR operation at UCLA and Roderick works for her.