Monday, December 12, 2011

Vernon, I know this answer and it is a SCAM

L.A. Times - Vernon agreed to pay $60 million to avoid disincorporation

Lets see if little Pimpernel has any mental abilities left. Now, the LA Times has reported that the City of Vernon had agreed to gift $60 million to surrounding small cities in exchange for being allowed to remain a city. Well that in and of itself is disgusting, basically a case of blackmail and bribery; but, let us think for a moment.

The City of Vernon doesn't know where it is going to get the money. I know where they are going to get the money. They are going to sell the land in Kern that they paid $60 million for. You can read about it in my earlier posts. A friend of Mayor Villaraigosa's bought the land in Kern with money supplied by public pensions. It was land that the LADWP was going to buy for about %60 million. After CIM and the Mayor's friend bought the land it made the papers and the city couldn't justify paying twice the amount that CIM paid for it and the City of Vernon bought the land without the water rights for about $60 million.

Now if the City of Los Angeles buys it from Vernon for $60 million then LADWP gets the land to put up their wind or solar farm; but, it is still not worth $60 million without the water rights. When this lie plays out I am going to refer people back to this post. Think it won't? Well consider the politics.

Los Angeles had already considered buying the land for about $60 million so nobody in Los Angeles will care. Vernon never needed the land in the first place so nobody in Vernon will care. The surrounding cities won't care because they all get bought off with money from Vernon. People in most of the state won't care because it doesn't effect them. NOBODY CARES except little Pimpernel and that is why this type of garbage will continue. When it happens come back and read all the posts tagged "pension fraud".