Pleitez: Eric Garcetti Unfit to Serve Over LA’s Finances

Below is an excerpt from the Emanuel Pleitez for Los Angeles Mayor campaign blog and originally published on the CityWatchLA.com as a response to an article titled “Eric Garcetti’s Voodoo Economics” written by Jack Humphreville.

In his response, Emanuel Pleitez rejects the financial acumen of Eric Garcetti, candidate for mayor of Los Angeles, as fit to serve as the city’s preeminent leader, citing how he worsened LA’s financial woes. To read the full response, which was published on January 20, 2013, visit http://www.pleitezforla.tumblr.com/post/41076661548/voodoo-economics-garcetti-leads-the-city-hallers.

“Early on in his campaign, Eric Garcetti said he wanted to be the CEO of Los Angeles. I call that bold talk for a man who’s never been in the private sector, let alone a C-Level executive. The best CEOs are those who avoid crises, not create them and then promise to clean them up. Councilman Garcetti is a charming orator, but lacks the economic substance to lift Los Angeles out of the pit of economic crisis. I’d trust Eric Garcetti with my speeches, but never with my checkbook.

Garcetti’s kneejerk rejection of Mayor Riordan’s plan was woefully premature. Riordan’s plan was a good start to finding a long-term solution to the pension problem. As a city, we’re not in a position to limit discussions and throw away ideas. That’s not leadership. That’s hubris.

Another mayoral candidate, Controller Greuel, who naively touts her government relations job at DreamWorks as private sector experience, recently described Councilman Garcetti as “asleep at the wheel” during his city council presidency. I say he was very much awake, which, in my opinion, is far worse.

Now, it’s no secret that not only Councilman Garcetti, but also Councilwoman Jan Perry and Controller Greuel were instrumental in creating the pension problem that’s now crippling our budget. Their short-term decisions will cause pension fund liabilities to absorb 50% of the city’s budget within five years, unless we bring new leadership to the helm.

City Hall’s poor decisions will cost us essential city services like parks, libraries, and maintenance of our transportation infrastructure. The current solutions implemented by the powers that be are insufficient and short-sighted at best.”

http://www.pleitezforla.com

http://www.facebook.com/pleitez

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