The decline of SoCal in 3 headlines

We live here, we love our SoCal. This is where dreams, imagination, and Charlie Sheen live. But our recent situation makes us want to move back to our native Latveria


1) L.A., San Diego Lift Corporate Campaign Limits



LOS ANGELES (AP) ―Los Angeles and San Diego are ending their limits on how much corporations and unions can give in city elections.

A recent U.S. Supreme Court decision declared such limits to be unconstitutional.

California doesn't have a state limit but some local governments do.
read more...

2) Mayor wastes time "acting" on soap opera All My Children




editor's note: we've seen better acting in films starring Jenna Jameson


3) LA may get lower credit rating

A major credit-rating agency has issued a gloomy outlook for the financial situation in Los Angeles.

Moody's Investors Service on Wednesday reduced its opinion of the city's finances from "stable" to "negative" because the city has delayed addressing its $212 million budget deficit.

The move could ultimately lead to a lower credit rating for Los Angeles and increase its cost for borrowing money.
read more...