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subprime suburb

McMansions for McDonalds

I’ve been thinking about sleaze and corruption lately. It’s hard not to. Out here in windy, sun-baked Victorville, underhanded swindles are about as common a sight as the tumbleweeds blowing around the Mojave Desert.

The biggest scam now is the revelation that the city of Victorville is probably going to end up paying $9 million to Goldman Sachs, and as much as $175 million to GE, after reneging on a crappily planned power plant project pushed on it by a huckster real estate development/energy company called Inland Group. (more…)

August 12th, 2009 | Comments (26)

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