The Fiscal Corruptocrat follows the latest happenings with Wall St., the economy and corruption ridden governments.

Wednesday, June 17, 2009

California = 50 Days From Bankruptcy, Lakers Fans = $2mil+ Party

Oh yeah...

Another classic example of logic and reason being appropriately applied by politicians at all levels of government to insure they're making the best decisions possible for their constituencies.

With the state of California a mere 50 days away from possible bankruptcy, the local officials have broken out the calculators to see how they can squeeze in a $2mil+ 'Champions Parade' for the L.A. Lakers. Sounds like a case of throwing 'worse money after bad' to me...or perhaps 'pathetic money after insane' or...

Check out this brief and entertaining take on the situation from the WSJ. Even if you don't read the article, quickly stop by to check out the accompanying picture of the post game festivities - it's beautiful...

The burning television(?)
The bling
The track suit
The peace and/or gang signs
The sunglasses at night
The sheer love for the game


Sport, art, peace, love and chaos all united for a brief moment on that dangerous street in downtown LA.