Former L.A. Mayor Richard Riordan (R) Endorses Barack Obama
Richard Riordan, the former Republican mayor of Los Angeles, endorsed Senator Barack Obama for president, reports the Los Angeles Times.
Riordan said the Illinois senator was by far the best choice for the White House and the only one with the intellect to shepherd the country through troubled economic times. "He's extremely bright and energetic, and he's a guy who gets things done," said Riordan, who was a successful venture capitalist before he was elected mayor in 1993, serving two terms.
Riordan criticized GOP presidential nominee John McCain's past support for financial deregulation, saying it helped trigger the mortgage crisis and subsequent economic downturn. "There's nothing in his background that shows he's a person who can understand these complicated economic issues, or shows that he is entrepreneurial enough to bring about change."
http://www.democrats.org/a/2008/09/former_la_mayor.php