Category: Business

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When Los Angelenos Are Forced to Sue Their Elected Leaders

In the past two years, the City of Los Angeles has paid out more than $75 million to settle lawsuits brought against the municipality. Add in the expense of litigation and the total is more than $113 million. Unsurprisingly, some of that money was paid out  to settle hundreds of police misconduct cases — more...

An Open Letter to the Mayor of Cherry Hills Village

Laura Christman is the Mayor of Cherry Hills Village, Colorado, one of America’s most affluent suburbs. South of Denver, Cherry Hills is home to a world famous U.S. Open golf course – Arnold Palmer won there in 1960, overtaking a young amateur named Jack Nicklaus. Many great American success stories live nearby. Mayor Christman leads...

Evictions for Profit: The Ellis Act

The wiki description of California Government Code 12.75, known as the Ellis Act, named after the San Diego state senator who introduced it in 1985, sounds innocuous enough:  “The Ellis Act is a California state law that allows landlords to evict residential tenants in order to ‘go out of the rental business,’ in spite of desires by...

Frightened Families, Vulnerable Schoolchildren and Gelson’s Good Name: The Gardner Street Fiasco

Imagine the unimaginable. Imagine this ludicrous scenario: Imagine if someone showed up at your front door and told you in the coming years he intended on using the yards in your neighborhood as his new toilet facility. Because he likes the location. This stranger, dressed in a bespoke suit and grinning cordially, doesn’t ask permission...

At Dodger Stadium

You attend a baseball game once-a-year. You don’t follow the sport or the players. Long ago, when you were a boy, you were a true fan who knew all the statistics and the nicknames, the characters and the storylines. These days, you’re only vaguely aware of who’s starting for the Los Angeles Dodgers, and even...

Chance for Peace

Did you hear the latest hippie rant from Bernie Sanders? Or maybe it was Jill Stein. This is what was said: “Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed....

Jumbo Wild

The documentary “Jumbo Wild“tells the ongoing story of a politically-connected real estate developer’s quest to build a ski resort on British Columbia’s remote and pristine Jumbo Glacier — despite overwhelming resistance to the disastrous scheme from local residents, First Nations representatives, and legions of environmentalists. The film is beautifully photographed and surprisingly fair-minded toward the stubbornly...

An Open Letter to Friends of Runyon Canyon (FORC)

Dear Friends of Runyon Canyon (FORC), On behalf of your fellow Runyon Canyon friends, on behalf of the hundreds (thousands?) of citizens who have attended Emergency Meetings, who have called and written their Councilmember, who have been compelled to file a costly lawsuit to protect the park from your heavy construction, we ask you to...

The Runyon Canyon Basketball Court: Doing Deals and Keeping it Quiet

When Edward Snowden disclosed that the United States government was abusing the powers of the National Security Agency by collecting data on every American’s phone calls and emails, most citizens were outraged to learn that they had been duped by the very folks who claimed to be looking out for their interests. Even if you...

Investing

To most people, Michael Konik is a poet-philosopher-essayist-thought-leader who used to be on TV. To the investment community, Michael Konik is King Midas. What Michael Konik touches turns to something better than gold: ROIs in the mid-teens. That’s why venture capital firms throw money at us; that’s why brokerages want our business. On the heels...