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Category Archives: Economics

Oakland May Revisit Contract with Wells Fargo

Many Oakland residents watched with envy in the past few months as Berkeley’s city council began to explore divesting from Wells Fargo and moving the city’s money and banking services to a smaller, more community-oriented bank. Peralta Community College District has also begun making moves to divest from large banks. San Jose, San Francisco, and […]

Interesting Times

“May you live in interesting times” —Ancient chinese curse, likely apocryphal Over a year ago I posted this photograph from a vacant lot along the Oakland waterfront. One commenter suggested that it looked like a relic of the dying American economy. Another thought, more colorfully, that it was “maybe the last known hideout of a […]

When standing on principle means defending the status quo

I was talking to a politically active friend about a month ago, as the Senate was about to pass their version of health care reform legislation, and I told him I was nervous that the Democrats in Congress, being Democrats in Congress, would find some way to fumble the ball one yard from the end […]

Partners in Help

There are few better ways to spend one’s money than to give it to Partners In Health. That has long been true; this week it’s truer. While PIH is now a large organization operating in many countries around the world, it began in Haiti, and still has a large medical footprint on the ground there, […]

The Triumph of Hope over Experience

In a city which had to severely cut core services in order to deal with a 20% shortfall in its general fund earlier this year, and which faces further fiscal fiascoes for the foreseeable future, can someone explain to me why being the Chair of the City Council’s Finance Committee is being touted by Oakland […]

A Virtual Holiday Food Drive

I wrote about the increasing hunger crisis in the United States back in May, when Breadline USA came out. Difficulty putting food on the table is not a problem faced only by the poorest of the poor: many working people now rely on food stamps, food banks, soup kitchens in order to fill the gap […]

East 18th Gets Thrift Store that Lakeshore Spurned

I noticed today that an Out of the Closet thrift store is about to open on East 18th Street, in the space that Hollywood Video used to occupy. Employees who were there setting up the shop told me that the grand opening is on Saturday. I normally wouldn’t write a long post about the opening […]

If You Build Community, They Will Come (a corollary: If You Raze It, They Will Leave)

They came on foot, on scooters and on skateboards. They came on scraper bikes and fixies and longtails. They came in strollers and buses and, yes, some of them came in cars. However they got there, a lot of people came out to enjoy the Lakefest held on Oakland’s Lakeshore Avenue on Saturday and Sunday: […]

So Quaint, Those Brits

Some eminent British economists sent a letter to the Queen explaining how they failed to foresee the financial crisis. (Here, we just give such people high government posts instead.)

Hell Hath No Fury Like a Parker Scorned

The Grand Lake Theater here in Oakland is well known for its political advocacy, from messages on the marquee calling for the prosecution of people like Dick Cheney and Donald Rumsfeld to anti-war events featuring Barbara Lee and Sean Penn. Normally the issues the theater focuses on are national, at a safe remove from the […]

Hunger in America

My friend Sasha Abramsky has just come out with a book about hunger in the United States, called Breadline USA: The Hidden Scandal of American Hunger and How to Fix It. I picked up a copy yesterday, and while I’m only about 50 pages into it so far, I can already highly recommend it to […]

Spendthrift BART directors vote to raise fares

As I feared and warned about just two weeks ago, BART’s profligate board of directors just voted to raise fares six months earlier than planned, citing budget deficits. See, it’s okay to waste money, because you can always get transit-dependent citizens (along with BART employees) to pay for it. Never mind that those citizens are […]