Los Angeles is broke? Really?

California has a state income tax, sales taxes and all the rest.They charge a premium for gasoline. They say they are the entertainment capital of the world. so whats the deal? On top of Hollywood and all that which is a lot, they still have a good deal of aerospace and music distribution.In that county more cars are sold then any other county in the country.They sure dont give anybody any break on fees. The city services suck. It takes years to get sidewalks and pot holes filled. Since the 70s they have had homicidal gangs running wild in the streets shooting up neighborhoods.They now charge renter fees every year which I have never heard of anywhere else. Mass transit doesn't run 24 hours a day. They probably collect more in parking fines then most cities have in their entire city budget. They dump a hundred thousand gallons of raw sewage in the ocean every year so its not like they have built the best a most modern infrastructures.
If they aren't ground zero for a huge earthquake they are at the top of the list and should dam well be running huge surpluses so they don't get caught with their pants down like New Orleans.
True they brushed up Hollywood built the Disney City Center Theater and gotten at least the beginnings of some sort of mass transit system in. The transit system is so poor most people still drive and jam up the freeways for hours.
IF you think Im angry your right. La has the worst politicians I have ever seen.They have ruined the city they have let whole neighborhoods be destroyed by landowners greed.Rents have gone through the roof while wages have been cut back. LAPDs slogan is supposedly to protect and serve now its too fine and hassle or do nothing. Viragosa has decided unilaterally to make LA a gateway City for illegal immagration and all the problems thats brings.San Fernando Valley is looking like Tijuana North not the sleepy clean supberb it once was. Its all a shame the city use to be a fun productive place to live. Now its just an overpriced hassle with none of its old redeeming charm.