Does anyone know what Wendy Greuel really stands for?

greuel.jpgLots of luck figuring out how she would handle the city's budget shortfall. I've pored over the coverage of her meeting on Monday with business leaders, along with her campaign's press release, and I haven't the first clue about what she's talking about. Greuel says her plan would save $60 million from lower health benefits and workers compensation outlays. Another $40 million could be found, she said, by changing the way the city's pension boards invest and cutting the amount they spend on consultants. That's around $100 million - quite a chunk of money indeed. But how exactly does she plan on getting at this money, and has she clued in the interested parties - say, city workers and pension officials who might not be happy about such an ambitious agenda? More to the point, why haven't budget officials, desperately looking to save every nickel or dime, taken these actions (whatever they are) up to now? There's no white paper on her site. There's no campaign operative detailing what she said or meant. With Wendy, it's all talk, talk, talk, talk, talk, talk, talk, talk, talk - and say as little as possible. Who knows - maybe she can actually win by saying nothing. Seinfeld did pretty well with a show about nothing. But it's a cheat to voters and to the city.

More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent Campaign 2013 stories:
Shallman and Carrick on 'Which Way, LA?' tonight
Greuel consultant blames the LA Times
Morning Buzz: Friday 5.24.13
Campaign 2013 photo gallery by Gary Leonard
Election post-mortem in quotes (some very pointed)

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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