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Friday September 12, 2003

Mozena Talks to Two Outstanding LA Leaders on KABC Radio


About 10:15 p.m. Friday, Mr. Mozena spoke to two of the most politically influential men in Los Angeles on one of the Los Angeles' premiere radio stations.

They were former Republican mayor Richard Riordan, who was substituting for a regular radio talk show host on Los Angeles' KABC AM 790 talk radio Friday evening, and Mr. Eli Broad, president of KB Homes, a billionaire philanthropist who was Riordan’s guest.

Mr. Broad is a Democrat. Both are accomplished businessmen who have amassed fortunes. Mr. Broad in particular is a renowned business leader who built two Fortune 500 companies over a 5-decade career in business. In 1996, he and Mr. Riordan took on the task of raising sufficient funds to build the Frank Gehry-designed Walt Disney Concert Hall in Los Angeles, which is scheduled to open in late 2003.

Mr. Mozena thanked Mr. Riordan for taking his call and said he felt honored to be on the airwaves with two fiscal giants of Los Angeles.

Mr. Mozena asked both men what they thought of Post the Finances. Both seemed to like the idea.

Mr. Broad said he was all in favor of fiscal transparency but would like to see the cost of it first. A true businessman.

As astute businessmen, both Mr. Riordan and Mr. Broad realize that in order to have a sound fiscal house you must build on a solid foundation. In Mr. Mozena’s view, no one will scrutinize that foundation as closely as concerned citizens will, once Post the Finances is operational.

Richard Riordan didn’t become a millionaire by taking his eyes off the books. And Eli Broad definitely didn't become a billionaire by allowing wasteful spending. It is hard to imagine either of these men running up a $38 billion dollar deficit, as our current state leaders have done.

If Mr. Broad surfs to this site, he will see from the letter Mr. Mozena wrote to Lisa Mangat, legislative analyst for the State of California, that the cost of implementing Post the Finances will be low. In that letter, Mr. Mozena emphasized that savings made from the elimination of waste and corruption will more than compensate for the modest costs of setting the system up.

Having been involved in Californian government and politics, both Mr. Broad and Mr. Riordan are surely aware that in Californian state government there is more than an average amount of waste, corruption, and duplicity.

Mr. Mozena looks forward to the support of both these outstanding men when the petition drive begins. Maybe they will be to Post the Finances what Darrell Issa was to the California recall election. Then it will truly be a bi-partisan initiative.

 


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Steve Mozena, Post the Finances, PO Box 11144, Carson, CA. 90749, 310-518-4447

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