Los Angeles Rich People (Soboroff, Kanton, Toebben, Fleming, Miscikowski) Say to the Debt-Ridden City Council: We Like You
|Trust us, we know what we're doing.|
Nineteen big-time L.A. machers, including Steve Soboroff (rich Westside guy), Mickey Kantor (longtime Democratic consultant), Gary Toebben (Chamber of Commerce guy) and David Fleming (rich Valley guy), led by George Kieffer (Manatt, Phelps power broker), sent an open letter to City Council President Herb Wesson, urging the City Council to adopt Mayor Antonio Villaraigosa's weenie plan to trim pensions for new city hires.
Kieffer warns that over-rich city pensions have put L.A. on an "unsustainable" course (without mentioning bankruptcy). The 19 big-shots then endorse Villaraigosa's milquetoast plan to save only $30 million to $70 million. When everybody knows City Hall must save billions because L.A. is broke and broken.More »