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 IF IT'S BROKEN...FIX IT

Getting Serious about LA’s Sidewalk Repairs: A Five-Point ‘Let’s-Get-On-with-It’ Plan

Ken Alpern
FIXING LA-Last Tuesday night's City Council Board of Public Works and Budget Committees met and allowed a lot of good public input to a series of concerned and available Councilmembers and City officials. The attendance and input were both outstanding--I want to thank Councilmember Mike Bonin, in particular, for allowing the outreach and advice to…

Latino Politicians Putting Climate Change Ahead of Constituents

Joel Kotkin
POLITICS-Racial and economic inequality may be key issues facing America today, but the steps often pushed by progressives, including minority politicians, seem more likely to exacerbate these divisions than repair them. In a broad arc of policies affecting everything from housing to employment, the agenda being adopted serves to stunt upward…

Worlds Apart on Kathryn Steinle: When Political Opportunism Reigns Supreme

John Mirisch
MUSING WITH MIRISCH-The small Swedish Jewish Museum in Stockholm is tucked away on a side street. Discreet signage instructs would-be visitors to push a button which activates a camera, so they can be screened before they are granted entry. The museum's permanent exhibition fills one fairly small room. Most of the objects on display are Jewish…

Garcetti Passes, Wesson Fails

Jack Humphreville
LA WATCHDOG-Our Los Angeles Times has issued midterm letter grades for Controller Ron Galperin (B-) and City Attorney Mike Feuer (B+) and will be posting grades for City Council President Herb Wesson this Sunday and Mayor Eric Garcetti the following Sunday. Our City is facing many difficult issues, ranging from a lagging economy, relatively high…

What LA Really Needs: A Part-time City Council and a Part-time Mayor!

Dennis Zine
JUST THE FACTS-There are so many serious and pressing problems facing the City of Los Angeles and few if any real solutions are being proposed or implemented by our elected and appointed leaders at City Hall. I will start with the current city budget. Former Mayor Antonio Villaraigosa had a $7.7 billion total budget in the 2013-2014 fiscal year.…

Why Don’t the City’s Women Managers Hire More Women?

Denyse Selesnick
MY TURN-Perusing the web is a little like the soap operas of yesteryear. You get suckered in! One link leads to another link and then one is exposed to a barrage both facts and idiocy. The reason for this discussion was my attending a July Valley Alliance of Neighborhood Councils (VANC) meeting with the Department of Water and Power. General…

Cleaning Up LA City Hall: ‘It’s What’s Legal That’s the Problem’

Bob Gelfand
GELFAND’S WORLD-Everyone understands that developers own our city government. Sure, there are some officials here and there who are upright and independent, but recent history shows that the developers typically get their way in spite of public opposition. Whether it is a zoning change for an office tower or the required permits for a new mall,…

Not So Fast LA! Let’s Consider the Real Costs of Hosting the Olympics before We Jump In

Greg Nelson
SPORTS POLITICS-On Monday, Boston withdrew from its offer to be the nation’s bidder for the 2024 Summer Olympic Games. In January, Los Angeles finished second to Boston when the U.S. Olympic Committee made its decision. After Boston was selected to polish up its bid before submitting it to the International Olympic Committee for a final decision,…

Party Crashing for Political Access: Schwarzenegger and My Pantsuit

Charlotte Laws
CALIFORNIA ACCESS POLITICS-Party crashing—or gate-crashing, as it is sometimes called—is an art form that I stumbled upon as a teen. I taught myself how to finagle into any event, anywhere, anytime. It required being part private eye, part actress and part chutzpah machine. I had to think outside of the box, throw myself into the role, and whip my…

 

Reynolds Rap Video: Joey has hope for the pope in Philly.





Art or Ad? LA’s mural law written in gray ink

Escape the Room-Conan goes for the record … and the laffs


LADWP Rates Overview

 

 

  

 

 

 

Are 8,000 Dodger Fans Worth $1.2 Billion?

DODGER FEW - Something very fishy is going on at Chavez Ravine.

A couple of Wednesday’s ago, Bill Plaschke of The Los Angeles Times reported that there were only 8,000 bodies at the afternoon game against the cellar dwelling San Diego Padres, possibly the smallest attendance in Dodger history since they moved from Flatbush Avenue.

Yet official attendance was almost 28,000.

This major league discrepancy exemplifies the utter contempt that Angelenos have for The Boston Parking Lot Attendant and Princess Jamie, the selfish owners who have looted the Dodgers to the tune of $180 million to support their family’s profligate lifestyle.

On the following day, Bill Shaikin of The Los Angeles Times had a scoop where he disclosed that Bill Burke, a politically connected man about town, and a consortium of unidentified Chinese state institutions and American investors offered to purchase the Dodgers and the related assets for $1.2 billion in cash.

But why would anybody in their right mind offer to pay an astronomical price for damaged goods, where the Dodgers’ revenues, attendance, broadcast ratings, prospects, and brand name are heading south?

Or what do they know that we and the Major League Baseball don’t know?

But the expectations based on this so called “offer” from unidentified investors are bound to stir up the pot, especially in the courthouses in Los Angeles and Delaware.

Needless to say, Princess Jamie, fearful of Frankie’s high stakes gambling and scorched earth policies, will make a beeline to Divorce Court in Los Angeles, demanding the Dodgers be sold so she will receive her fair share of the $500 million of equity value that is left over after the payment of an estimated $700 million in debt.

As for the Bankruptcy Court, this “offer” is a distraction since it has not been endorsed by the Dodgers or its two feuding owners, nor has the source of funding been verified.

If anything, it will put more pressure on the Dodgers to sell the team to pay off the lenders and creditors.  As for the ability to attract new investors, who in their right mind would want to be a partner with the overly litigious and less than trustworthy Boston Parking Lot Attendant?

As for the Dodgers, they have been on a roll, having won 12 out of their last 15 games, including five away games against the St. Louis Cardinals and the Atlanta Braves, the leader for the Wild Card spot in the playoffs.

They even have a decent chance of a breakeven season as they are now are only 3 games under .500, a vast improvement from the 57-69 record on Sunday, August 21.

Unfortunately, Arizona’s Magic Number is now 9 games, in large part because the Diamondbacks have been on a tear, winning 13 of their last 15 games.

Of course, this streak has fans thinking about next year.  

But don’t hold your breath as the Dodgers’ finances will only deteriorate as the very lucrative season ticket holders continue to desert the Dodgers and Angelenos continue to boycott Boston Frankie.

And compound the continued decline in attendance and revenues with the over $700 million of debt, we are looking at a financial train wreck which will hopefully lead to the sale of the Dodgers to a responsible owner.

As for Bill Burke’s air ball offer and Boston Frankie’s failure to jump all over it, it once again shows that there are two fools in the room: the fool that made the offer and the fool who did not accept the offer.

BOYCOTT Boston Frankie’s Dodgers!

(Jack Humphreville writes LA Watchdog for CityWatch He is the President of the DWP Advocacy Committee and the Ratepayer Advocate for the Greater Wilshire Neighborhood Council. Humphreville is the publisher of the Recycler -- www.recycler.com. He can be reached at:       lajack@gmail.com ) –cw

Tags: Dodgers, Frank McCourt, Boston Frankie, Jamie McCourt, Princess Jamie






CityWatch
Vol 9 Issue 72
Pub: Sept 9, 2011

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