You're watching...

L.A.’s Government Failing Floundering City

Details

  • Description

    FBN’s Stuart Varney sounds off on the political waste in Hollywood.

  • Duration 1:39
  • Date

Clips

Also in this playlist...

Stuart Varney

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

You hear it frequently mentioned -- federal government is paralyzed you can't do anything it is dysfunctional.

Perhaps we should say the same thing about city governments is my take on the Los Angeles city council for us let's be very clear idea LA is in financial crisis big time it's on the verge of further massive cuts to all social services including law enforcement.

That out of the money to pay the pensions and health -- that they promised retire at city workers they all broke.

-- -- -- -- -- Monday is LA City Council meeting.

Discussing the crisis it descended into -- -- A Nazi salute the F bomb dropped and the threat of a fist fight.

Powell is a political grandstanding nothing accomplished item to.

A supposedly disabled LA fire fire -- Has been course competing in a martial arts tournament he was getting a ton of tax spend money full -- Three this is what passes for serious issue in Los Angeles toxins in the city's nail polish its long debate about -- you get the point.

Years and years of developing crisis the crunch hits services caught bankruptcy looms -- what happens nothing.

All rather more of the -- just kick it down the road.

This is a big story.

Financial chaos started with smaller towns Vallejo California central falls Rhode Island -- -- California.

Now it is the biggest cities in the nation Chicago and yes Los Angeles.

The bottom line it's pensions are the primary safety budget kill -- And dysfunctional local government just cannot.