Tag Archives: subsidies

Here’s Why It Will Cost $1 Billion in Taxpayer Subsidies to Build Hotel Rooms for the Convention Center and Farmers Field

Posted on June 13, 2012 by

On Tuesday in committee, Councilman Bill Rosendahl passionately raised a lot of questions about why it was necessary to give a $67.3 million subsidy to developers of twin Marriott hotels near LA Live where there already is two more luxurious … Continue reading →

Posted in 2013 LA Elections, City Hall, Hot Topics, Los Angeles, NFL Stadium | Tagged , , | 15 Comments

Millions of Tax Dollars to Billionaires: The LA Way — Two More LA Live Hotels To Get Massive Tax Subsidies

Posted on June 12, 2012 by

The Marriott Hotel chain, the nation’s second largest, has a market capitalization of $12.17 billion and makes a profit of $1.6 billion on revenues of more than $14 billion. Family members, descendants of founder J.W. Marriott, own 23 percent of the … Continue reading →

Posted in City Hall, Development/CRA, Hot Topics, Los Angeles, NFL Stadium | Tagged , , , , , , | 6 Comments

BYD — Build Your Dreams — Goes Bust in the City of Broken Dreams

Posted on May 30, 2012 by

It was the biggest deal Mayor Antonio Villaraigosa pulled off in his desperate effort to show he was actually doing something about the city’s staggering unemployment rate and its loss of economic clout. With $2 million in federal poverty grants … Continue reading →

Posted in City Hall, Los Angeles | Tagged , , , , , | 3 Comments

A New Deal for L.A. — There Is No Other Way

Posted on May 16, 2011 by

The case for City Hall’s failure – for the failure more broadly of the city’s leadership – has been proven beyond a reasonable doubt, beyond a shadow of doubt:           –  Failure to bring spending into line with revenue despite … Continue reading →

Posted in City Hall, Hot Topics, Los Angeles | Tagged , , , , , , , , | 14 Comments

Antonio’s Job Creation Plan: DWP as the Economic Engine to Subsidize Development, New Business

Posted on January 10, 2010 by

made last Tuesday and hardly anybody noticed, which was City Hall’s goal. Having fiddled the last three years while a couple of hundred thousand people lost their jobs and city treasury fell deep in the red, Mayor Antonio Villaraigosa in … Continue reading →

Posted in City Hall, Community Activists, Los Angeles, Solar Energy | Tagged , , , , , , , | 12 Comments

Sense and Nonsense: The Planning Appeals Debate

Posted on October 21, 2009 by

There’s something about Greig Smith that never ceases to amaze me and makes me worry that his chief of staff Mitch Englander will be more of the same when he succeeds him in 18 months, much as Smith was more … Continue reading →

Posted in City Hall, Hot Topics, Los Angeles | Tagged , , , , , , , | 25 Comments