Monday, June 26, 2017

Corruption Is Now Normal

One of the problems with these so-called “citizens initiatives” that are placed on our ballots is the extreme level of dishonesty with which they are promoted. In all fairness, the honesty of opponents is no better, but while the process is designed to allow citizens a voice in the process of governance, all too often these ballot measures are blatantly dishonest schemes to enrich the major financial players who sponsor them.

Such turns out to be the case with the San Diego “Soccer City” initiative, which we were told by FS Investors must be placed into a special election in 2017 in order to avoid losing an opportunity for an expansion team being created by Major League Soccer in 2018. If we waited for a 2018 regular election, we were told by the investment group wanting to “develop a fantastic plan for Mission Valley,” we would probably lose a chance at obtaining one of the planned MLS expansion teams.

It turns out that even as they were saying all of this, San Diego had already obtained an MLS expansion team. The investors who obtained the franchise early last month “purposely delayed the announcement so it wouldn’t conflict with the public debate over the Soccer City proposal.” The stadium will be built, we are told now, somewhere in North County.

The corruption boggles the mind. FS Investors knew that the expansion team deal was already locked up, and so did the group who had already secured the expansion team, and both groups kept silent about it in order to coerce voters into approving a $5 billion commercial development by FS Investors, three million sqft of commercial space and 4500 condominiums, which happened to have a soccer stadium and river park as window dressing.

Named "Soccer City" for the stadium which was ~5% of the investment.

1 comment:

bruce said...

It shouldn't boggle your mind anymore. Business interests and sports team owners trying to suck at the public teat is nothing new.

And trying to obfusticate voters is also nothing new, goes back as far as voting started. At least the initiative was put on a normal 2018 ballot PER A VOTER INITIATIVE, so there will be time for a discussion aka: media bloodletting /excoriation.

Amusement and comedy to follow.

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