Can California Afford an $11.1 Billion Water Bond?

May 24, 2010 | 1 Comment

California now has the lowest credit rating of any state in the nation, just above junk bond status. One major problem is the rise in California’s debt-service ratio (DSR). That is, the ratio of annual general fund debt–service costs to annual general fund revenues and transfers. This is often used as one indicator of the state’s debt burden. The higher it is and more rapidly it rises, the more closely bond raters, financial analysts and investors tend to look at the state’s debt practices, and the more debt–service expenses limit the use of revenues for other programs. According to the California Legislative Analyst’s Office, debt servicing is projected to comprise 9 percent of general fund revenues by the end of 2014-15.

Posted in Opinion, Politics

Candidates Respond to Daly’s Progressive Primary

May 23, 2010 | 9 Comments

Of the twenty-five declared candidates solicited for comment, eleven candidates have responded, expressing a collective thumbs down on the primary. Robert Jordon is the only candidate to express a willingness to endorse the winner of the primary.

Posted in News, Politics

New Mayor and District Attorney Visit Prog Supes

New Mayor and District Attorney Visit Prog Supes

May 22, 2010 | 24 Comments

The first time I met Aaron Peskin, I stood him up. It worked out though. I was supposed to meet him at Wild Awakenings coffee shop on McAllister down the street from City Hall. He’d just been elected to the San Francisco Board of Supervisors and I liked the cut of his jib and wanted to interview him, but I got delayed at a press conference where Jim Reid was announcing the filing of his papers to recall Mayor Willie Brown. It was January 2001. Luckily I ran into Aaron on the sidewalk as I hurried tardily to our meeting. We talked about Willie Brown and how I wanted him gone. Peskin told me off-the-books that he wanted Willie gone too.

Posted in Opinion, Politics

Minding Muni, Part V

May 22, 2010 | No Comments

All over the country, public transportation systems are cutting back service under the weight of huge budget deficits. Most people think these agencies are casualties of the recession, and to certain extent they are probably right. But to me, these agencies and their ballooning deficits are something else also — they are canaries in the coal mine, indications of problems that go deeper than even the subprime loan fiasco that many are blaming for the current state of the economy. Collapsing transit agencies are signs that the anti-tax mania of the last few decades is a failure. They are also signs that our western lifestyle — dependent as it is on plentiful and cheap natural resources, especially fossil fuels — could be reaching its limits and going into decline as demand now begins to outstrip supply.

Posted in Opinion, Politics

Introducing the Heritage of Omar Khayyam

Introducing the Heritage of Omar Khayyam

May 21, 2010 | 1 Comment

The quatrains of Khayyam which have given him an international prominence are a collection of poems with philosophical essence and ontological nature in which Khayyam reveals his skeptical standpoints regarding the modality of material world and the existence of human being. It’s widely believed that Khayyam had a pessimistic, cynical viewpoint regarding the material world as he typically tried to direct criticism against the hypocritical, insincere man and portray his crave for a utopian world which is practically impossible to realize.

Media Alert: SF Sit/Lie Ordinance to Get Third Airing

May 21, 2010 | 13 Comments

“When pressed by Supervisor Campos, neither the Mayor’s office nor the police could cite any language in the existing laws or in the SFPD General Orders that prevent the police from enforcing those laws to address problem behaviors on sidewalks. If proponents cannot provide an explanation for why this new ordinance is needed, then it is clear we should not pass sit-lie into law,” said Andy Blue of the Stand Against Sit Lie Coalition.

Posted in News, Politics

Laguna Honda Hospital Flack Refuses to Stop Touching I-Team Reporter

Laguna Honda Hospital Flack
Refuses to Stop Touching I-Team Reporter

May 21, 2010 | 5 Comments

In a video posted by the I-Team, Noyes repeatedly asks Slavin to stop touching him. Slavin repeatedly ignores Noyes’ request and later in the video, Slavin prevents the I-Team videographer from documenting the confrontation.

Posted in News, Opinion