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Reply #3: Is L.A. too big to fail? [View All]

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JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-05-10 09:23 PM
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3. Is L.A. too big to fail?
Time will tell. Seems to me that if the federal government can bail out banks, it should be able to bail out municipalities. Under Republican mayor, Richard Riordan L.A. built Staples Center, a huge entertainment and convention center that was supposed to bring in lots of money. I wonder how that is working? Coincidentally, the Staples Center is a couple of blocks from a dingy little restaurant THAT WAS OWNED BY RICHARD RIORDAN. Another Republican out to prove that government does not work well for ordinary people.

Corruption is rampant in big business and in government, and when a big businessman gets into government, watch out.
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