Sep 28, 2015
The new Broad Museum on Grand Avenue was built on a full block of prime, city-owned property. The museum is a vanity project of Eli Broad, who is said to be worth a cool 11 billion dollars. By setting up his own private museum to exhibit his private art collection, Broad increases the value of his collection and personal fortune even more.
L.A. officials provided Broad with the valuable property practically for free. Officials also spent 40 million dollars in public funds on the parking garage for Broad’s museum. How dare city officials turn around and tell us there is no money for our public parks and recreation!
Several hundred teachers picketed the opening of the Broad Museum this weekend.
Broad has taken the lead in privatizing the public schools, stealing money from the kids and the teachers. Broad is just a greedy capitalist, trying to trash the schools for his own private profit.