Steven T. Jones

Vulnerable San Francisco ignores growing tech bubble talk

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While business and political leaders within San Francisco continue to express optimism that the technology industry will keep growing and filling all the new office space we can build — there’s even talk in the business community about overturning Prop. M, the 1985 measure that placed limits on new office construction — the rest of the world seems more concerned that the latest tech bubble could pop.

That would hit San Francisco -- where 13 percent of private sector jobs are in the tech/information sector, giving just this city more job growth since 2007 than all but three entire US states -- harder than other single city in the world. San Francisco Controller’s Office has repeatedly warned how vulnerable we are to significant drop in tech valuation, even though it has also predicted that this time is different and things seem fine for the foreseeable future.

But with indicators such as Twitter’s rapidly tanking stock, the irrational exhuberance of Google and Facebook paying billions for companies with big ideas but no real business model, and total venture capital investments surpassing levels from the last dot.com crash, San Francisco could be in big trouble. Read more »

Illegal anti-Campos flyers the subject of an ethics complaint

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Several San Francisco neighborhoods over the last week have been targeted with illegal campaign flyers against Assembly candidate David Campos -- breaking both state election laws requiring the group and its funding source to be identified and local laws against placing political flyers on utility poles and other surfaces.Read more »

Happy May Day, San Francisco

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Happy May Day, comrades, and what a fine May day it is even if the urgent mayday spirit on this International Workers Day doesn’t seem as strong as some recent years past in the Bay Area.

While Russia seems to be rediscovering its previous practice of massive May Day marches marked by anti-Western propaganda, spurred on by renewed nationalism from the standoff in Ukraine, May Day has never been very big in the US.Read more »

The politics behind today's dueling Airbnb rallies

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Today’s dueling rallies at City Hall on whether to fully ban or fully allow the short-term rentals facilitated by Airbnb and other companies -- representing extreme positions on either side of the compromise legislation proposed by Sup. David Chiu -- seem to have as much to do with politics as policy.Read more »

Sir Pete

SUPER EGO Brit legend DJ Pete Tong takes on the EDM divide. Plus: Chrome Canyons, DVS1, Motown on Mondays anniversary, more parties

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New coalition opposes Chiu's Airbnb legislation UPDATED

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An unlikely coalition has formed to oppose legislation sponsored by Board of Supervisors President David Chiu that would legalize and regulate short-term apartment rentals facilitated by Airbnb and other online companies, which are now illegal in San Francisco. Read more »

Fires on Ocean Beach limited and studied by GGNRA, which considers ban

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The National Parks Service is once again moving to limit and maybe even ban fires on Ocean Beach, replaying an episode from 2007 that was temporarily solved by volunteers and artistic new fire rings placed by the group Burners Without Borders, despite a lack of follow through by NPS’s Golden Gate National Recreation Area.Read more »

Piketty discusses Capital and inequality in San Francisco

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French economist Thomas Piketty got a warm welcome in San Francisco last night [Tues/22] when nearly 200 people turned out to hear him discuss what is fast-becoming the defining book of this new Gilded Era of escalating disparities in wealth: Capital in the 21st Century.Read more »

Lawsuits go after SF landlords doing illegal short-term apartment rentals

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The San Francisco City Attorney’s Office today filed a pair of lawsuits against local landlords who illegally rent out apartments on a short-term basis, units that had been cleared of tenants using the Ellis Act. Meanwhile, the San Francisco Tenants Unions has hired attorney Joseph Tobener to file more such lawsuits, and he is preparing to file at least seven lawsuits involving 20 units. Read more »

Left out

Progressive candidates for governor have a hard time amplifying their calls for economic justice

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steve@sfbg.com

It's never been easy for progressives to mount a serious campaign for the California governor's office. The high water mark was in 1934 when famous author/activist Upton Sinclair ran on his End Poverty In California platform and got nearly 38 percent of the vote despite being shut out by the major newspapers at the time.Read more »