Category Archives: Corporate Finance

Is Newsom a whore for big real estate interests?

San Francisco environmental activist attorney Jon Gollinger writes in the Chronicle.

It’s been almost three years since Lt. Gov. Newsom, in his capacity as one of the three members of the State Lands Commission, filed a lawsuit against the people of San Francisco to do just that. Now the Chairman of the State Lands Commission, Newsom continues to sue San Francisco to invalidate Proposition B, the Waterfront Height Limit Right to Vote Act. San Francisco voters overwhelmingly approved Prop. B in 2014 in the aftermath of the 8 Washington luxury condo fiasco to ensure voters always have the opportunity to weigh in on future plans to raise the existing height limits along The City’s shoreline. Three years and many legal filings later, the lawsuit is about to have its day in court at a hearing in June. Both sides have submitted lengthy legal briefs making the case to Superior Court Judge Suzanne R. Bolanos that she should rule in their favor. The impact of Bolanos’ decision will ripple far beyond one ballot measure and one city.

 

Excellent Article Relevant to Gavin Newsom and the California “Progressives”

John Stauber in CounterPunch paints a perfect portrait of the “progressive” politics of Gavin Newsom!

“The professional Progressive Movement that we see reflected in the pages of The Nation magazine, in the online marketing and campaigning of MoveOn and in the speeches of Van Jones, is primarily a political public relations creation of America’s richest corporate elite, the so-called 1%, who happen to bleed Blue because they have some degree of social and environmental consciousness, and don’t bleed Red.  But they are just as committed as the right to the overall corporate status quo, the maintenance of the American Empire, and the monopoly of the rich over the political process that serves their economic interests.”

How true!