Why has Los Angeles lost its mojo?

We've seen the Democrat political machine kill or disable many of American's most vibrant cities. And now its Los Angeles's turn, although it took longer because of its dispersed center.

"A big reason is a decline in the power and mettle of the city's once-vibrant business community. Between the late 1980s and the end of the millennium, many of L.A.'s largest and most influential firms—ARCO, Security Pacific, First Interstate, Union Oil, Sun America—disappeared in a host of mergers that saw their management shift to cities like London, New York and San Francisco. . . controlled by a machine of labor and the political leadership of the Latino community, the mayor is a former labor organizer. . . strangling regulations backed by a powerful and wealthy environmental movement. . . even liberal Democrats are catching on." The environmentalists are killing the port business, the generator of blue collar labor, and thus the unions have to expand into the once vibrant Latino small business sector.

How Los Angeles lost its mojo