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LOS ANGELES Monday, May 25th 2015 2:20

ONE MOTHER'S PERSPECTIVE

  • WHO WE ARE-Women did it again. The annual Memorial Day tradition of placing flowers on graves of fallen soldiers was begun by women in the South after the Civil War. Who knew? Who now remembers that it was originally Decoration Day? Or that it is a day to decorate the graves of soldiers who fought for a better future. Memorial Day is a great deal…
  • 453 Days Later...

    Tom Rubin
    OFFENSIVE BUT PROTECTED SPEECH-Welcome news this week from the U.S. Court of Appeals for the 9th Circuit. By a vote of 11 to 1, the court overturned its injunction against the controversial video called "Innocence of Muslims" that it had ordered off YouTube back in February 2014. Here's the background. Actress Cindy Lee Garcia (photo below) was…
  • What LA Educators Should Learn From Bell Gardens High School’s Shocking Turnaround

    Jay Mathews
    VOICES FROM THE SQUARE-Bell Gardens High School in east Los Angeles County was a sorry mess when science teacher Liz Lowe arrived in 1989. It was overflowing with trailer classrooms and graffiti. More than 3,000 students crowded into school buildings surrounding a concrete quadrangle with patches of grass and some trees. Expectations were low. Not…
  • The Clean Sweep Election Finally Happened

    Bob Gelfand
    GELFAND’S WORLD- A few years ago, a group calling itself Clean Sweep argued that the voters of Los Angeles should defeat all the incumbents and replace them with fresh blood. On Tuesday, the results came close. There are two distinct lessons, one of which is quite ominous for elected officials. This election demonstrated the end of voter patience…
  • What Did Tuesday’s LAUSD Election Results Prove?

    Paul Hatfield
    PERSPECTIVE-Did the LAUSD election results signal a change for charter schools? Perhaps. Possibly. Maybe. You can make a decent case that Ref Rodriguez’s victory in District 5 points to strong support for charters. It was a battle between two well-funded candidates with diametrically opposed views on the issue. The effectiveness and fairness of…
  • (Train)ing Ourselves to Confront Modern Mass Transit

    Ken Alpern
    GETTING THERE FROM HERE-It's great to learn that Metro has an excellent new CEO with the hiring of Phillip A. Washington who comes to us from Denver. Following in the footsteps of his predecessors, Roger Snoble and Art Leahy, Mr. Washington has a first-rate reputation to maintain--but his first job will be to pass Measure R-2. Measure R-2 (perhaps…
  • City Controller’s Grandstanding DWP Audit is the Real Waste of Ratepayer Dollars

    Dennis Zine
    JUST THE FACTS-City Controller Ron Galperin’s Grandstanding DWP Audit results were finally released. Unfortunately, the conclusion and political spin that came afterwards from the controller was misleading. Here are the FACTS: The DWP’s Joint Training Institute and Joint Safety Institute are administered by DWP managers and representatives of the…
  • A Place Where ‘Special Interest’ is NOT a Dirty Word

    Denyse Selesnick
    MY TURN-We need to have a new word to differentiate the villainous “Special Interest” that everyone is always complaining about and the “Special Interest” that almost all of politicians and civic and social activists have adopted as a cause. It is impossible to have passion about multiple issues. I know I have mentioned this before, but it seems…
  • Alert! America’s Small Businesses are Being Screwed by Big Business

    Robert Reich
    THE ECONOMY-Can it be that America’s small businesses are finally waking up to the fact they’re being screwed by big businesses? For years, small-business groups such as the National Federation of Independent Businesses have lined up behind big businesses lobbies. (Photo: small businesses in Studio City) They’ve contributed to the same Republican…

 

  • Can Strawberries Help Fight Cancer?

    Christian Cristiano
    WELLNESS-There have been a number of studies over the years that could show evidence of strawberries fighting off cancer. Tong Chen lead a study…
  • Study: The Best Way to Quit Smoking … Bet On It

    Francie Diep
    WELLNESS-Oftentimes, money speaks louder than words. Apparently, that aphorism applies to cigarettes too. A new study finds that money incentives…
  • Exercise Can Help Anxiety … Here’s How

    Christian Cristiano
    WELLNESS-Statistics show that over 3 million American adults suffer from anxiety and there is no evidence that number will be declining any time…




Memorial Day 2015- Freedom Isn’t Free

J. Cole raps on the Letterman show: “Be Free’

The Star Spangled Banner … like you’ve never heard it before

 

 

 

 

  

 

 

 

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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