A picture can say a lot and that’s what we meant to do at OurLA.org to illustrate a story by writer Vic Rothman on how the decisions the mayor and City Council are dealing with the budget crisis. Their action are leaving the city in the same position as any homeowner burdened with debt who is seeing the mortgage under water and upside down. Go to OurLA.org to read this revealing analysis of how the city’s budget crisis is being handled.
For LA, it’s a Race to the Bottom.
