This statement was made by Council Member Paul Krekorian, the Chair of the City Council’s powerful Budget and Finance Committee, to over 100 budget representatives of the City’s Neighborhood Councils who gathered at City Hall for the Mayor’s Community Budget Day on Saturday morning. Unfortunately, the lack of values of our fiscally irresponsible Elected Elite […]

Crossposted on City Watch The Riordan Plan for pension reform will be the defining issue in the City’s upcoming elections in March and May. That is why we must demand a simple “YES” or “NO” answer from all the candidates for Mayor, Controller, City Attorney, and the City Council as to whether or not they […]

Crossposted on City Watch Mayor Richard Riordan’s proposed ballot measure, the “Fair Share Pension Reform Act of 2013,” is LA’s Prop 32, only on steroids, as the leadership of the City’s public unions will view this money saving initiative for our cash strapped City as a direct assault on their control of the City’s purse […]

Crossposted on City Watch At a well attended Wednesday morning press conference at City Hall, Mayor Antonio Villaraigosa, with support from City Council President Herb Wesson and four other members of the City Council, touted his Retirement Security Plan for new civilian employees as “the next step of putting Los Angeles back toward a more […]

Crossposted on City Watch The inability and unwillingness of the political hierarchy of the City of Los Angeles to cope with its continuing Structural Deficit, its failing streets, its $10 billion unfunded pension liability, and its impending insolvency is proof positive why Angelenos (and Californians) must vote Yes on Proposition 32 (better known as “Stop […]

Crossposted on City Watch California is not considered to be a battleground state because the polls indicate that President Obama is going to trounce Mitt Romney.  And in the other statewide race, debate wary 79 year old Diane Feinstein is a heavy favorite to win reelection against unknown Elizabeth Emken. But the advertising industry does […]

Crossposted on LA City Watch The Port of Los Angeles (the “Port”), one of the City’s three proprietary departments along with the Department of Water and Power and Los Angeles World Airports, is the leading container port in the United States.  And along with the Port of Long Beach, they control 72% of the West […]