Financing for Mayor Campaign
* While politics appears to be the mother-of-all inconsistencies, still it is a stretch to condemn Riordan for becoming a successful businessman.
Apparently, one of Riordan’s specialties has been salvaging what can be saved from the wreckage of bankrupt companies, businesses where jobs were either already lost or in jeopardy long before Riordan was called in to perform financial CPR. Faced with a sluggish economy and California’s hostile business climate, this has been a tough assignment. Similarly, as President Clinton downsizes the military and related aerospace industries, the loss of jobs is an ogre with which he also must deal.
Riordan’s experience and expertise has, over the years, profited him to the extent that he is willing to serve Los Angeles as mayor without compensation. To be so enfranchised by our free enterprise system is one of the hopes, some of the dreams that animate our current massive immigration, and indeed, most Americans.
PATRICIA MERRILL
Los Angeles
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