arnoldhertzberg.jpgGov. Arnold Schwarzenegger took his campaign for state propositions 1A through 1F to the Los Angeles Times building tonight, telling an invited crowd of opinion shapers and readers that "the state of California has a dysfunctional tax system." Questioned by editorial page editor Jim Newton, the governor said it's essential that all six measures be passed on May 19 — or else financial bad times loom. After the governor left, former Speaker Robert Hertzberg (in the photo with Schwarzenegger) told me he agrees the measures are necessary. Now the chairman of California Forward, Hertzberg said he's looked at post-May 19 scenarios if the props lose and they aren't pretty. KCAL's Dave Bryan had a report tonight at 9 p.m. and KTLA was on hand; the Times' story ledes with Schwarzenegger saying illegals are not to blame for the state's fiscal woes.

People also talking about: With Sam Zell admitting that buying Tribune was a mistake and implying all options are on the table, there was speculative buzz about the Times being on the market. I heard a low-ball price of $200 million mentioned a few times, but can't vouch for it at all. This was my first time in the building since Eddy Hartenstein became publisher last summer; I'd hoped to meet but our paths didn't cross.

Photo: Luis Sinco / L.A. Times

© 2003-2009   •  About LA Observed  •  Email the editor
LA Biz Observed
4:03 PM Fri | CBS and ABC have far bigger fish to fry - namely whether their stations can get back the auto and retail advertising that fell off a cliff in 2009.
Native Intelligence
Jenny Price | Recycling!
Veronique de Turenne | And there's still time to take part!
Phil Wallace | Searching for answers after a third loss this year.
Deanne Stillman | Jihad and cash offers meet American soldiers during the Gulf War, and beyond.
Iris Schneider | After a tough year financially, the Museum of Contemporary Art put on a gala party to celebrate with 1,000 of its closest friends.
Jenny Burman
Thinking more about buying less.
Here in Malibu
Seriously -- turn out the lights.
Sponsors
Jewish Journal logo
The California Wellness Foundation
Playa Vista ad
Blogads

Blogads Los Angeles network

Get RSS Feeds
of LA Observed
LA Observed publishes several Real Simple Syndication feeds for easy scanning of headlines. If you wish to subscribe to a feed, most popular RSS readers will do it for you. You can also enter the web address from the XML button below or click on a specific feed. For more help with RSS, try here or here.




Add to Google