How Jerry Brown got one right

Steven Greenhut: Here is my new column from Bloomberg revisiting Jerry Brown’s redevelopment victory. Actually, it’s a rare victory for all Californians given the need to shut down these abusive and wasteful agencies. From the piece:

Many cities also used redevelopment to build new downtowns, which sometimes meant using eminent domain, or the threat of it, to level the old ones. In the best-run cities, redevelopment subsidized chain stores and paid for some infrastructure projects — in the worst ones, it gave central planners the power to run roughshod over property owners, to ladle out corporate welfare and to impose their vision on communities with little public oversight.

FEB. 24, 2012

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  1. Beelzebub
    Beelzebub 24 February, 2012, 09:49

    The only reason Jerry Clown did something ‘right’ is because the redevelopment money is now being diverted into his sugar daddy public union coffers so the cops and teachers can continue to collect their massive salaries and pensions. The freed up funds aren’t being used to pay down the state debt. They’re being used to bail out the unions so that Clown can continue to collect his kickbacks. He’s taking money from Dracula and giving it to Frankenstein. Please, let’s identify the ulterior motives here.

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  2. Rex The Wonder Dog!
    Rex The Wonder Dog! 24 February, 2012, 11:57

    RDA were a scam, glad to see them gone.

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