Santa Claus Is Coming to Town!

As you may have heard, the latest something-for-nothing municipal shtick in Los Angeles is the proposal to build a new stadium next to the Staples Center in downtown LA. This would involve tearing down (and later enlarging) the convention center, so this is going to take a lot of money, or as Angelenos tend to put it, muy mucho dinero. So how is the city handling that little problem?

Rest easy folks. The Los Angeles Times reports that Councilwoman Jan Perry assures one and all that it’s going to be a freebie. We quote without comment what the L.A. Times tells us: “Councilwoman Jan Perry said the plan would not ‘cost the taxpayers a dime.’ ”

So there.  Now you don’t have to worry about a thing — the free lunch will be served.

For the L.A. Times story, Financial Plan for Downtown Stadium Gets First Public Hearing, July 27, 2011) click here

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