The latest bulletin from Los Angeles: Monica Garcia, with the billionaires’ bundle, easily beat four opponents who had no money, including the fearless Robert Skeels.

But–wow!–the main target of the billionaires, Steve Zimmer, was running ahead of his opponent.

What an upset that would be!

Nearly $5 million was raised by the mayor of Los Angeles and billionaire Eli Broad to knock Steve Zimmer off the school board. Mayor Michael Bloomberg added his $1 million to the anti-Zimmer fund. The maligned and vilified UTLA, which has had the nerve to defend teachers, put about $700,000 into Zimmer’s campaign.

Zimmer is no tool of the UTLA. He is independent, principled, and moderate. His only sin: he offended the powerful privatization movement. He dared to ask questions. He dared to think critically.

I will save the cheering until the results are final, or at least sure.

But I have to say that it would be incredibly exciting if Zimmer does defeat the millions of Bloomberg, Broad, Rhee, Murdoch & company.