“As California hurtles over the cliff to fiscal insolvency and bankruptcy. Los Angeles is about to pony up for a new sports stadium.”
The local pols don’t care. Some idiot will pony the loan money, and these pols will be long gone when the insolvency comes.
Democrat voters just won’t get it, until the streetlights go out, and the neighbors start coming for their stuff.
That’s not quite the way it’s being “sold” to the average taxpayer, but then again, knowing what I know about LA County voters, it may not matter.
The, ahem, “Mayor”, is up to his eyeballs in shenanigans. Withholding vital information in his “breathless” announcements about the stadium being financed by “private enterprise”.
It turns out that the city will be on the hook for quite a hefty sum if it goes south.