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Re: “Will Oakland Become First U.S. City To Ditch Wall Street And Establish A Public Bank?

" .....the state threatening to take money away, and the feds threatening to take money away, and various expenses the city has that it cant afford, and to know that a public bank could solve those problems."

This says it all.

Being the custodian of the assets of others is not the same as gaining a new source of revenue. The inability to distinguish and respect the differences between the two elementary concepts (assets, revenue) has led to many financial disasters/

No doubt, the temptation to plunder a new pot of someone else's money would be irresistible. The pathetic track record of fiscal management of Oakland speaks for itself.

Oakland needs to learn how to manage its own money before it earns the right to manage other people's money. But, abusing the power over other people's money is so much easier. Anyone remember the last banking crisis and how it happened?

Posted by Michael Good on 03/24/2017 at 6:40 AM

Re: “The Old Mervyn's Headquarters in Hayward Underscores a Lack of Resources to Address the City's Homelessness Crisis

gee how the time flies, seems like just yesterday that the stores were in their heyday, but, all good things come to an end. i am sure the city will be glad to see the success of the housing project in any case. when SEARS goes, everything must follow, though.

Posted by Estella Davis on 03/23/2017 at 7:16 PM

Re: “Will Oakland Become First U.S. City To Ditch Wall Street And Establish A Public Bank?

I agree with all the commenters who have a healthy dose of skepticism. Oakland government seems financially illiterate (and also governance illiterate- like filling potholes, or inspecting buildings for fire safety, the pension crisis coming, the myriad of ways in which Oakland city government has shown its ineptitude. Then there are the ethical challenges Oakland officials have as well. I wouldn't rush in- some things just have to be sorted out prior. Why not make a requirement of Oakland city officials, at least some, to "... have strong backgrounds in finance but also be dedicated to the mission of public service. "

Posted by Jeff Diver on 03/23/2017 at 12:10 PM

Re: “UC Berkeley Students Inspire Legislation That Would Make California Colleges Provide Abortion Pill On Campus

This is a common sense approach. Like most good ideas, it's so obvious in retrospect.

Posted by Christopher Fallis on 03/23/2017 at 11:57 AM

Re: “Berkeley's New Progressive Majority Gets Serious About Homelessness Solutions

This really does a lot to show how out of touch the city of berkeley is with their homeless community. One visit to any of these camps and you can immediatly see that any solution to this problem must first include drug and alcohol treatment. Lets make a realistic path to end homelessness, not just build nicer homeless camps.

Posted by Robert Murphy on 03/23/2017 at 5:50 AM

Re: “In Oakland, a Tale of Two Breakfast Sandwiches

Aleppo chili oil huh? It must not be fresh since Aleppo hasn't been exporting their chilis in quite some time. Food writing is such pretentious crap...

Posted by Emilio da Costa on 03/22/2017 at 9:38 PM

Re: “Berkeley's New Progressive Majority Gets Serious About Homelessness Solutions

Thanks to Bartlett we are on a new oath. A path that is real not Rreguins pie in the sky scheme

Koncentration kamp will go empty and that's what pathways. A pathway straight to lockdown a ghetto of undesirables

Posted by Sam Spade on 03/22/2017 at 8:30 PM

Re: “Letters of the Week: Berkeley, National Embarrassment?

The realities underlying the immigration debate are that we have more than enough people, more than enough imported poor people (see The Characteristics of Unauthorized Immigrants in California, Los Angeles County, and the United States by Karina Fortuny et al; the February 9, 2006 report by the California Legislative Analysts Office (LAO) on efficacy of border police; the Analysis of the California 2001-02 Budget Bill by the LAO), and more than enough imported criminals (read about Jamiel Shaw, Kate Steinle, Juan Francisco De Luna Vasquez, ); consider the disproportionate medicare fraud, food stamp fraud, and mortgage fraud by recent arrivals from cultures in which crime and fraud are normal - look up Glendale medicare fraud. Look up HHS OIG Most Wanted.

Posted by Erik Kengaard on 03/22/2017 at 7:39 PM

Re: “Letters of the Week: Berkeley, National Embarrassment?

George Rockwell has a valid point. We should also implement the visa entry exit system that was legislated years ago. It has been 17 years since the entry-exit system was first enacted in the 1996 immigration bill.

However. the forces for easy entry are wealthy and powerful. Look up Gelbaum and the Sierra Club. Look up Clinton, Huang, andJames Riady.

Posted by Erik Kengaard on 03/22/2017 at 7:38 PM

Re: “Berkeley's New Progressive Majority Gets Serious About Homelessness Solutions

Who knew there were 12,000 homeless people on Berkeley's streets?

"But for a city with 10 percent of the population on the streets, tiny homes are not space efficient."

Only off by approximately an order of magnitude!

Posted by JP Massar on 03/22/2017 at 7:26 PM

Re: “Berkeley's New Progressive Majority Gets Serious About Homelessness Solutions

@ Candace

Tiny homes (usagi goya) are a consequence of over population. There are no alternatives when the land has been fully developed.

Tokyo is the Bay Area's future.

Posted by Erik Kengaard on 03/22/2017 at 7:26 PM

Re: “Berkeley's New Progressive Majority Gets Serious About Homelessness Solutions

@ Christoverre Kohler

I don't recall many homeless in Berkeley when I was a student there in the 1950s. And rent was quite affordable. $135/month split three ways for a brand new 2 bedroom apartment at Ridge and La Loma.

What the hey happened?

Posted by Erik Kengaard on 03/22/2017 at 7:23 PM

Re: “Will Oakland Become First U.S. City To Ditch Wall Street And Establish A Public Bank?

Of course Oakland leaderswon't be able to handle a public bank, just look at how they're handling our potholes!

Posted by Ellen.Gierson on 03/22/2017 at 6:54 PM

Re: “Uber Not Coming To Oakland After All?

What about only the tip, just for a second, just to see what it feels like?

Kidding aside, isn't this a more healthy way to explore a relationship?

If Uber wants to follow the Warriors over to SF, let them try and ride the coattails of success.

They might find Oakland offers a place to live and work that's better suited to keeping it real. I'm just saying. San Francisco can get a bit caught up, it's in the history books if you look.

Posted by Jason Ricca on 03/22/2017 at 6:37 PM

Re: “Letters of the Week: Berkeley, National Embarrassment?

About this 'Wall' business, and the illegals it is supposed to keep out: Sweep it aside for a moment and riddle me this--Why is there NEVER a discussion about what is required to become a LEGAL immigrant? What do these wretches have to do that they haven't or won't,.. present a fortune in fees, fill out forms in legible English, grease the right consular/embassy palms (as if..), and wait, and wait, and wait, like in 'Casablanca'? This aspect really should be admitted as evidence.. for the source of the problem. Well, one source, the other being US' Monrovian foreign policy..

Posted by Phil Allen on 03/22/2017 at 5:59 PM

Re: “Letters of the Week: Berkeley, National Embarrassment?

I agree George needs a hug and Micheal comes off as an angry troll. Your not helping the liberal cause spewing venom. You make us sound as bad as the otherside dude. Open your mind and your ass will follow.

Posted by bill h on 03/22/2017 at 5:21 PM

Re: “Berkeley's New Progressive Majority Gets Serious About Homelessness Solutions

Lousy idea - kennel homeless people in sheds?

Other places have been markedly succeeding with the Housing First approach, which provides people real homes like other people have. That can restore then OUT of this kind of underclass that this plan would more permanently condemn them to.

Mayor Tom Bates said Berkeley has been receiving mutli-MILLION$ of dollars EVERY YEAR ostensibly to "help the homeless". But try to find a cogent line-item budget for just HOW all that money's been spent.

There's little to no excuse for why Berkeley has NOT already been using the PROVEN "Housing First" way.

http://www.endhomelessness.org/pages/housi…

Posted by Christoverre Kohler on 03/22/2017 at 4:50 PM

Re: “Will Oakland Become First U.S. City To Ditch Wall Street And Establish A Public Bank?

I want Wall Street's role in the overall global economy to be less than it is today. It would be great to eliminate them from Oakland altogether.

However, Oakland has frequent management and corruption problems and may not be capable of managing a bank. If Wall Street isn't held accountable why would the Oakland bank be any different?

Posted by Vince Rubino on 03/22/2017 at 4:40 PM

Re: “Uber Not Coming To Oakland After All?

the gig economy is independent contracting that really doesn't benefit you. All the expenses fall on the driver, taxes, upkeep, etc. After putting 100,000 miles on a 2014 Avalon a part time driver for Uber will soon need a new car while still paying for the old one.
"I'm Making Only $2.64 an Hour Working as an Uber Driver" "Takele Gobena makes well below minimum wage and says he has no health coverage if injured."
http://www.alternet.org/labor/im-making-only-264-hour-working-uber-driver

Posted by Betty Gleason on 03/22/2017 at 3:09 PM

Re: “Berkeley's New Progressive Majority Gets Serious About Homelessness Solutions

Micro pads sound like an excellent step for Berkeley. But a regional alliance could also be formed to plan for housing so that a coordinated approach can be taken.

I wonder if proponents of tiny homes are taking into account utility hookups and earthquake engineering which will require a set foundation. Adding those items in will make them as expensive as any other type of construction on a per square foot basis.

Posted by Candace Hyde-wang on 03/22/2017 at 1:36 PM

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