CORRUPTION WATCH-Unlike many taxes, the Wall Street tax gets us taxpayers nothing in return. We do not get sewers or streets or parks or police or paramedics. Each month, millions of Angelenos cough up anywhere from $500 to $4,000 for the Wall Street tax. No one has taken the time to calculate the exact amount of it, but we know that newcomers pay a higher tax than Angelenos who are long-time residents. The Wall Street tax is the extra rent or mortgage Angelenos pay each month for housing costs over and above the fair market value. One way or another, our rent and mortgage payments end up on Wall Street. 

UNDERFUNDED LIABILITY-A recently completed actuarial report shows that Los Angeles County has over $25 billion in unfunded retiree healthcare liabilities — and this constitutes the greatest threat to the county’s long term fiscal sustainability. LA County’s Other Postemployment Benefit (OPEB) unfunded liability turns out to be greater than its unfunded pension liability. 

BELL VIEW--Yesterday, a memory popped up on my Facebook feed from eight years ago. In 2009, the East Hollywood Neighborhood Council took part in a citywide event known as "Parking Day LA." The event began in 2005 in San Francisco as an effort to draw attention to the lack of public space in major cities. Admittedly, the event is a bit precious. A bunch of hipsters get together and make a temporary “park” out of a metered parking space.

GETTING THE NUMBERS RIGHT-How many times can a city reach four million population for the first time? I submit that Los Angeles (my birthplace), now near its fourth such celebration, is the undisputed champion, with each of the first three having not actually been reached. 

ALPERN AT LARGE--Whether you're Jewish or not, I wish you all a Happy, Healthy New Year.  Always a time to reflect, review and restore our goals and outlook with respect our lives, our community, our nation, and our world.  So much has changed, and so much remains the same...so why do I get the idea that things are about to undergo some serious Change? 

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