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"content": "\u003cp>WASHINGTON (AP) — Linking global warming to public health, disease and extreme weather, the Obama administration pressed ahead Friday with tough requirements to limit carbon pollution from new power plants, despite protests from industry and Republicans that it would dim coal's future.\u003c/p>\n\u003cfigure id=\"attachment_103775\" class=\"wp-caption alignleft\" style=\"max-width: 300px\">\u003cimg class=\"size-medium wp-image-103775\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/07/climate.jpg-300x225.jpg\" alt=\"Photo: Craig Miller/KQED\" width=\"300\" height=\"225\">\u003cfigcaption class=\"wp-caption-text\">(Craig Miller/KQED) \u003ccite>(Craig Miller/KQED)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>The proposal, which would set the first national limits on heat-trapping pollution from future power plants, is intended to help reshape where Americans get electricity, moving from a coal-dependent past into a future fired by cleaner sources of energy. It's also a key step in President Barack Obama's global warming plans, because it would put in motion plans to end what he called \"the limitless dumping of carbon pollution\" from all power plants.\u003c/p>\n\u003cp>Under the law once the Environmental Protection Agency controls carbon at new plants, it will also control carbon at existing plants — a regulation the agency said Friday it would start work on immediately to meet a June 2014 deadline.\u003c/p>\n\u003cp>Yet the federal government's own analysis of the new power plant proposal concludes that it would have a \"negligible\" impact on carbon dioxide emissions, pose little to no costs for the industry and provide no additional benefits to the public by 2022. That's because it essentially locks in what was widely expected to happen anyway. Even without new federal regulations, the agency concluded that no new coal plants would have been built. Instead, the bulk of new power in this country would be supplied by natural gas, which already meets the standard announced Friday. \u003c!--more-->\u003c/p>\n\u003cp>\"The EPA ... does not anticipate this rule will have any impacts on the price of electricity, employment or labor markets or the U.S. economy,\" the EPA wrote in its analysis.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>The industry, and its allies in Congress, quickly dismissed that conclusion.\u003c/p>\n\u003cp>Sen. Joe Manchin, D-W.Va., said the agency was holding the coal industry to \"impossible standards.\"\u003c/p>\n\u003cp>\"If these regulations to into effect,\" he said, \"American jobs will be lost, electricity prices will soar and economic uncertainty will grow.\"\u003c/p>\n\u003cp>EPA administrator Gina McCarthy said in a speech Friday that rather than damage an industry, the proposed regulations would help the industry to adapt, by encouraging energy companies to develop ways to reduce carbon dioxide, the chief greenhouse gas, from burning coal.\u003c/p>\n\u003cp>\"This proposal, rather than killing future coal, actually sets up a certain pathway forward for coal to continue to be part of the diverse mix in this country,\" McCarthy said. \"We know that coal is going to be part of the energy generation that we rely on substantially over the next few decades. Why wouldn't we now acknowledge and invest in the kind of technologies that will allow coal a future long beyond that?\"\u003c/p>\n\u003cp>McCarthy pressed her case by linking global warming to environmental problems that include severe weather, disease and worsening of other types of air pollution.\u003c/p>\n\u003cp>\"We know this is not just about melting glaciers,\" McCarthy said. \"Climate change — caused by carbon pollution — is one of the most significant public health threats of our time.\"\u003c/p>\n\u003cp>Despite some tweaks, the rule packs the same punch as one announced last year, which received more than 2.5 million comments and was legally vulnerable because it required coal and natural gas to meet the same limit.\u003c/p>\n\u003cp>Coal and natural gas now have separate standards, but the effect is the same: New coal-fired power plants will need to install expensive technology to capture between 30 and 50 percent of their carbon dioxide and bury it underground. No coal-fired power plant has done that yet, in large part because of the cost. Virtually all new natural gas standards would meet the standard without additional controls.\u003c/p>\n\u003cp>The EPA's own analysis says that a new natural gas-fired plant would cost $891 per kilowatt hour. But a new coal plant built to meet the standard would cost between $3,274 and $3,301 per kilowatt hour.\u003c/p>\n\u003cp>Environmental groups praised the proposal for taking action against the largest remaining uncontrolled source of greenhouse gas pollution. That pollution, the EPA said Friday, is worsening air quality, water quality, disease and contributing to more severe weather.\u003c/p>\n\u003cp>\"Big polluters have been getting a free ride for decades, while Americans foot the bill in the form of asthma attacks, respiratory illness, floods, wildfires and superstorms,\" said Michael Brune, executive director of the Sierra Club.\u003c/p>\n\u003cp>The regulations have been in the works since 2011 and stem from a 1970 law passed by Congress to control air pollution. In 2007, the Supreme Court ruled that that law, the Clean Air Act, could be applied to heat-trapping pollution. The EPA already has issued rules aimed at curbing global warming pollution from automobiles and the largest industrial sources.\u003c/p>\n\u003cp>Coal was already struggling to compete with cheaper natural gas. It now accounts for about 40 percent of U.S. electricity, a share that was already shrinking.\u003c/p>\n\u003cp>The EPA pointed to four coal-fired power plants under development — in Texas, Mississippi, California and Saskatchewan, Canada — to show that the rule is possible to meet.\u003c/p>\n\u003cp>Yet one of the companies behind those plants, Southern Co., said Friday that its Kemper County Energy Facility in Mississippi \"cannot be consistently replicated on a national scale.\" The facility, scheduled to open in May 2014, is located close to low-cost lignite coal. It is also adjacent to an oil field, where the carbon dioxide will be injected to produce more oil.\u003c/p>\n\u003cp>The company also has received hundreds of millions of dollars in federal grants and tax credits to offset the cost.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>The revised standards, the company said in a statement, \"essentially eliminate coal as a future generation option.\"\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>WASHINGTON (AP) — Linking global warming to public health, disease and extreme weather, the Obama administration pressed ahead Friday with tough requirements to limit carbon pollution from new power plants, despite protests from industry and Republicans that it would dim coal's future.\u003c/p>\n\u003cfigure id=\"attachment_103775\" class=\"wp-caption alignleft\" style=\"max-width: 300px\">\u003cimg class=\"size-medium wp-image-103775\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/07/climate.jpg-300x225.jpg\" alt=\"Photo: Craig Miller/KQED\" width=\"300\" height=\"225\">\u003cfigcaption class=\"wp-caption-text\">(Craig Miller/KQED) \u003ccite>(Craig Miller/KQED)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>The proposal, which would set the first national limits on heat-trapping pollution from future power plants, is intended to help reshape where Americans get electricity, moving from a coal-dependent past into a future fired by cleaner sources of energy. It's also a key step in President Barack Obama's global warming plans, because it would put in motion plans to end what he called \"the limitless dumping of carbon pollution\" from all power plants.\u003c/p>\n\u003cp>Under the law once the Environmental Protection Agency controls carbon at new plants, it will also control carbon at existing plants — a regulation the agency said Friday it would start work on immediately to meet a June 2014 deadline.\u003c/p>\n\u003cp>Yet the federal government's own analysis of the new power plant proposal concludes that it would have a \"negligible\" impact on carbon dioxide emissions, pose little to no costs for the industry and provide no additional benefits to the public by 2022. That's because it essentially locks in what was widely expected to happen anyway. Even without new federal regulations, the agency concluded that no new coal plants would have been built. Instead, the bulk of new power in this country would be supplied by natural gas, which already meets the standard announced Friday. \u003c!--more-->\u003c/p>\n\u003cp>\"The EPA ... does not anticipate this rule will have any impacts on the price of electricity, employment or labor markets or the U.S. economy,\" the EPA wrote in its analysis.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>The industry, and its allies in Congress, quickly dismissed that conclusion.\u003c/p>\n\u003cp>Sen. Joe Manchin, D-W.Va., said the agency was holding the coal industry to \"impossible standards.\"\u003c/p>\n\u003cp>\"If these regulations to into effect,\" he said, \"American jobs will be lost, electricity prices will soar and economic uncertainty will grow.\"\u003c/p>\n\u003cp>EPA administrator Gina McCarthy said in a speech Friday that rather than damage an industry, the proposed regulations would help the industry to adapt, by encouraging energy companies to develop ways to reduce carbon dioxide, the chief greenhouse gas, from burning coal.\u003c/p>\n\u003cp>\"This proposal, rather than killing future coal, actually sets up a certain pathway forward for coal to continue to be part of the diverse mix in this country,\" McCarthy said. \"We know that coal is going to be part of the energy generation that we rely on substantially over the next few decades. Why wouldn't we now acknowledge and invest in the kind of technologies that will allow coal a future long beyond that?\"\u003c/p>\n\u003cp>McCarthy pressed her case by linking global warming to environmental problems that include severe weather, disease and worsening of other types of air pollution.\u003c/p>\n\u003cp>\"We know this is not just about melting glaciers,\" McCarthy said. \"Climate change — caused by carbon pollution — is one of the most significant public health threats of our time.\"\u003c/p>\n\u003cp>Despite some tweaks, the rule packs the same punch as one announced last year, which received more than 2.5 million comments and was legally vulnerable because it required coal and natural gas to meet the same limit.\u003c/p>\n\u003cp>Coal and natural gas now have separate standards, but the effect is the same: New coal-fired power plants will need to install expensive technology to capture between 30 and 50 percent of their carbon dioxide and bury it underground. No coal-fired power plant has done that yet, in large part because of the cost. Virtually all new natural gas standards would meet the standard without additional controls.\u003c/p>\n\u003cp>The EPA's own analysis says that a new natural gas-fired plant would cost $891 per kilowatt hour. But a new coal plant built to meet the standard would cost between $3,274 and $3,301 per kilowatt hour.\u003c/p>\n\u003cp>Environmental groups praised the proposal for taking action against the largest remaining uncontrolled source of greenhouse gas pollution. That pollution, the EPA said Friday, is worsening air quality, water quality, disease and contributing to more severe weather.\u003c/p>\n\u003cp>\"Big polluters have been getting a free ride for decades, while Americans foot the bill in the form of asthma attacks, respiratory illness, floods, wildfires and superstorms,\" said Michael Brune, executive director of the Sierra Club.\u003c/p>\n\u003cp>The regulations have been in the works since 2011 and stem from a 1970 law passed by Congress to control air pollution. In 2007, the Supreme Court ruled that that law, the Clean Air Act, could be applied to heat-trapping pollution. The EPA already has issued rules aimed at curbing global warming pollution from automobiles and the largest industrial sources.\u003c/p>\n\u003cp>Coal was already struggling to compete with cheaper natural gas. It now accounts for about 40 percent of U.S. electricity, a share that was already shrinking.\u003c/p>\n\u003cp>The EPA pointed to four coal-fired power plants under development — in Texas, Mississippi, California and Saskatchewan, Canada — to show that the rule is possible to meet.\u003c/p>\n\u003cp>Yet one of the companies behind those plants, Southern Co., said Friday that its Kemper County Energy Facility in Mississippi \"cannot be consistently replicated on a national scale.\" The facility, scheduled to open in May 2014, is located close to low-cost lignite coal. It is also adjacent to an oil field, where the carbon dioxide will be injected to produce more oil.\u003c/p>\n\u003cp>The company also has received hundreds of millions of dollars in federal grants and tax credits to offset the cost.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>The revised standards, the company said in a statement, \"essentially eliminate coal as a future generation option.\"\u003c/p>\n\n\u003c/div>\u003c/p>",
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"content": "\u003cfigure id=\"attachment_111991\" class=\"wp-caption alignright\" style=\"max-width: 186px\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-111991\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/09/Janet_yellen-212x300.jpg\" alt=\"Janet Yellen in 2005. (Photo: Federal Reserve)\" width=\"186\" height=\"269\">\u003cfigcaption class=\"wp-caption-text\">Janet Yellen in 2005. (Federal Reserve)\u003c/figcaption>\u003c/figure>\n\u003cp>With former Treasury Secretary Larry Summers pulling out of the running to lead the Federal Reserve, the \u003ca href=\"http://www.nbcnews.com/business/white-house-says-janet-yellen-front-runner-fed-chief-4B11195874\" target=\"_blank\" rel=\"noopener\">White House now says that Janet Yellen is the frontrunner\u003c/a>.\u003c/p>\n\u003cp>Yellen has close ties to the Bay Area. She was the head of the Federal Reserve Bank of San Francisco and a faculty member of the Haas School of Business at UC Berkeley, where she remains a professor emerita of economics. She also has a home here.\u003c/p>\n\u003cp>Not everyone’s on board with a Yellen appointment. She’s often referred to as a “monetary dove,” more concerned with unemployment than inflation. From the \u003ca href=\"http://www.nytimes.com/2013/04/25/business/janet-l-yellen-possible-fed-successor-has-admirers-and-foes.html\" target=\"_blank\" rel=\"noopener\">New York Times \u003c/a>in April:\u003c/p>\n\u003cblockquote>\u003cp>Ms. Yellen’s critics remain wary. They worry that she would not be sufficiently concerned about the possibility that inflation will accelerate as the economic recovery gains strength. If nominated, she could face opposition from Senate Republicans who have repeatedly expressed concern that the Fed’s campaign would destabilize financial markets and make controlling the pace of inflation more difficult.\u003c/p>\n\u003cp>“I think people read Janet Yellen’s speeches as saying that she puts a higher weight on joblessness compared to inflation” than the typical member of the Fed’s policy-making committee, said Vincent Reinhart, formerly the head of the Fed’s monetary policy staff and now the chief United States economist at Morgan Stanley. “And that includes Ben Bernanke.”\u003c/p>\u003c/blockquote>\n\u003cp>\u003c!--more-->The question of her candidacy has also become embroiled with gender politics, as she would be the first woman to lead the Federal Reserve. The \u003ca href=\"http://www.newsmax.com/US/fed-chairman-selection-process/2013/07/29/id/517552\" target=\"_blank\" rel=\"noopener\">Wall Street Journal editorialized\u003c/a> in July: “As an economist with long experience at the Fed, she doesn’t lack for professional credentials. But her cause has been taken up by the liberal diversity police as a gender issue because she’d be the first female Fed chairman.” In response, \u003ca href=\"http://nymag.com/daily/intelligencer/2013/07/fear-of-a-female-fed-chief.html\" target=\"_blank\" rel=\"noopener\">New York Magazine’s Jonathan Chait wrote\u003c/a> that the criticism “[put] a fine point on the gender panic that is now infusing the hard-money cranks.”\u003c/p>\n\u003cp>One person who has spoken well of Yellen is former Fed chief Alan Greenspan. Again from the Times:\u003c/p>\n\u003cblockquote>\u003cp>Mr. Greenspan said that he continued to hold Ms. Yellen in high regard. “I did listen to her more carefully because she articulates her position in a way that you can follow it analytically,” he said in an interview. “Intuitions are useless. Janet’s conversation and her presentations were factually based, and that always got my attention.”\u003c/p>\u003c/blockquote>\n\u003cp>Andrew Rose is an associate dean and chair of the faculty of UC Berkeley’s Haas School of Business. Rose has cowritten a number of papers with Yellen and also taught with her. He’s a strong supporter of her candidacy, and earlier this week KQED’s Mina Kim spoke with him to get a sense of her working style.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>\u003cem>Edited transcript:\u003c/em>\u003c/p>\n\u003cp>\u003cstrong>Mina Kim:\u003c/strong> What is the significance of the role of the Federal Reserve chair?\u003c/p>\n\u003cp>\u003cstrong>Andrew Rose:\u003c/strong> The chair leads the Federal Open Market Committee [FOMC], which establishes monetary policy for the U.S. and sets interest rates, bond purchases and things like that.\u003c/p>\n\u003cp>\u003c!--more-->\u003c/p>\n\u003cp>\u003cstrong>Kim\u003c/strong>: The position has been described as the first or second most powerful position on the planet…\u003c/p>\n\u003cp>\u003cstrong>Rose:\u003c/strong> I think that’s warranted. The president of the United States is clearly more important, but the person who’s responsible for the largest economy in the world and the person who’s also the fireperson in case of a financial crisis somewhere in the world – that’s a very important job indeed.\u003c/p>\n\u003cp>\u003cstrong>Kim:\u003c/strong> Yellen has been described as caring deeply about unemployment. Can you talk about how that focus would translate into monetary policy?\u003c/p>\n\u003cp>\u003cstrong>Rose:\u003c/strong> She’s spent her life doing theory and empirical work in trying understand the sources of unemployment. As a governor and now vice chair of the Fed, she has the ability to influence the rate of unemployment. That’s not to say she ignores inflation; the Federal Reserve has a dual mandate, and she cares about both.\u003c/p>\n\u003caside class=\"pullquote alignleft\">She was quite calm throughout when I was sure the building was going to collapse and we were going to die together.\n\u003cp>\u003cem>-Andrew Rose on Janet Yellen during the Loma Prieta quake\u003c/em>\u003c/p>\u003c/aside>\n\u003cp>\u003cstrong>Kim:\u003c/strong> Current Fed Chair Ben Bernanke faced the daunting task of reversing an economic spiral. What challenges would Yellen face should she be appointed?\u003c/p>\n\u003cp>\u003cstrong>Rose:\u003c/strong> The primary objective is to keep the economic recovery going and if possible to speed it up. Inflation is low and quiescent at this point, and there seems to be no particular reason to worry about it. But the Fed always keeps an eye on inflation. So after keeping the recovery going, the second thing she’ll have to do is eventually reverse the enormous stimulus, the huge injection of money that’s been put into the economy.\u003c/p>\n\u003cp>\u003cstrong>Kim:\u003c/strong> What set of skills would Yellen bring to that challenge of easing up on the stimulus?\u003c/p>\n\u003cp>\u003cstrong>Rose:\u003c/strong> She’s an extremely accomplished economist, she has tremendous amount of experience both in monetary policy in general and running the Fed in particular. And she has enormously talented staff at her disposal. She’s also a consensus builder; she’s very persuasive and I don’t think she’ll have problems persuading the FOMC through the force of her arguments to follow her lead.\u003c/p>\n\u003cp>\u003cstrong>Kim:\u003c/strong> Yellen’s never steered a major institution through a financial crisis. How important is that?\u003c/p>\n\u003cp>\u003cstrong>Rose:\u003c/strong> Very few people have done that. Thank goodness for that, because we don’t have that many financial crises. She has a lot of experience from the sidelines. She was the president of the Federal Reserve Bank of San Francisco, which has certainly been a major player through the crisis. She also participated when she was a Federal Reserve governor during the Mexico crisis in 1994 and 1995.\u003c/p>\n\u003cp>Each of these crises is basically new unto itself. Ben Bernanke was an awesome choice to lead the Fed. But the crises he had studied from the 1930s were not really that relevant to what happened in 2007 and 2008. He’s basically a very smart, capable guy who spoke to a lot of relevant people, and Janet would be in exactly the same situation should there be another financial crisis.\u003c/p>\n\u003cp>\u003cstrong>Kim:\u003c/strong> What experiences have you had working with Yellen that are reflective of her leadership?\u003c/p>\n\u003cp>\u003cstrong>Rose:\u003c/strong> One of the things you do when you write a paper together is you argue about every single word, let alone sentence. The way she could persuade me and others to come around to her point of view was very compelling.\u003c/p>\n\u003cp>I will also say that in a case of a major earthquake, she’s a good person to have next to you, as I know personally from my experience during the Loma Prieta quake in 1989. We were stuck in a doorjamb together, and she didn’t raise her voice. She was quite calm throughout when I was sure the building was going to collapse and we were going to die together.\u003c/p>\n\u003cp>\u003cstrong>Kim:\u003c/strong> Do you think it’s important to Yellen to break the ceiling as the first female chair of the Fed?\u003c/p>\n\u003cp>\u003cstrong>Rose:\u003c/strong> I don’t know if it’s important to her. I don’t think it’s particularly important to the country per se. I think she’s by far the most experienced person ready to lead the Federal Reserve. I believe America should operate like a meritocracy, and that’s the reason I think she should get the job. The fact that she’s a woman is just icing on the cake.\u003c/p>\n\u003cp>\u003cem>\u003ca href=\"https://soundcloud.com/kqed/yellen-mp3\" target=\"_blank\" rel=\"noopener\">Listen to the interview here or below\u003c/a>\u003c/em>\u003c/p>\n\u003cp>[ad floatright]\u003c/p>\n\u003cp>\u003ciframe loading=\"lazy\" src=\"https://w.soundcloud.com/player/?url=http%3A%2F%2Fapi.soundcloud.com%2Ftracks%2F111419021\" frameborder=\"no\" scrolling=\"no\" width=\"100%\" height=\"166\">\u003c/iframe>\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cfigure id=\"attachment_111991\" class=\"wp-caption alignright\" style=\"max-width: 186px\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-111991\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/09/Janet_yellen-212x300.jpg\" alt=\"Janet Yellen in 2005. (Photo: Federal Reserve)\" width=\"186\" height=\"269\">\u003cfigcaption class=\"wp-caption-text\">Janet Yellen in 2005. (Federal Reserve)\u003c/figcaption>\u003c/figure>\n\u003cp>With former Treasury Secretary Larry Summers pulling out of the running to lead the Federal Reserve, the \u003ca href=\"http://www.nbcnews.com/business/white-house-says-janet-yellen-front-runner-fed-chief-4B11195874\" target=\"_blank\" rel=\"noopener\">White House now says that Janet Yellen is the frontrunner\u003c/a>.\u003c/p>\n\u003cp>Yellen has close ties to the Bay Area. She was the head of the Federal Reserve Bank of San Francisco and a faculty member of the Haas School of Business at UC Berkeley, where she remains a professor emerita of economics. She also has a home here.\u003c/p>\n\u003cp>Not everyone’s on board with a Yellen appointment. She’s often referred to as a “monetary dove,” more concerned with unemployment than inflation. From the \u003ca href=\"http://www.nytimes.com/2013/04/25/business/janet-l-yellen-possible-fed-successor-has-admirers-and-foes.html\" target=\"_blank\" rel=\"noopener\">New York Times \u003c/a>in April:\u003c/p>\n\u003cblockquote>\u003cp>Ms. Yellen’s critics remain wary. They worry that she would not be sufficiently concerned about the possibility that inflation will accelerate as the economic recovery gains strength. If nominated, she could face opposition from Senate Republicans who have repeatedly expressed concern that the Fed’s campaign would destabilize financial markets and make controlling the pace of inflation more difficult.\u003c/p>\n\u003cp>“I think people read Janet Yellen’s speeches as saying that she puts a higher weight on joblessness compared to inflation” than the typical member of the Fed’s policy-making committee, said Vincent Reinhart, formerly the head of the Fed’s monetary policy staff and now the chief United States economist at Morgan Stanley. “And that includes Ben Bernanke.”\u003c/p>\u003c/blockquote>\n\u003cp>\u003c!--more-->The question of her candidacy has also become embroiled with gender politics, as she would be the first woman to lead the Federal Reserve. The \u003ca href=\"http://www.newsmax.com/US/fed-chairman-selection-process/2013/07/29/id/517552\" target=\"_blank\" rel=\"noopener\">Wall Street Journal editorialized\u003c/a> in July: “As an economist with long experience at the Fed, she doesn’t lack for professional credentials. But her cause has been taken up by the liberal diversity police as a gender issue because she’d be the first female Fed chairman.” In response, \u003ca href=\"http://nymag.com/daily/intelligencer/2013/07/fear-of-a-female-fed-chief.html\" target=\"_blank\" rel=\"noopener\">New York Magazine’s Jonathan Chait wrote\u003c/a> that the criticism “[put] a fine point on the gender panic that is now infusing the hard-money cranks.”\u003c/p>\n\u003cp>One person who has spoken well of Yellen is former Fed chief Alan Greenspan. Again from the Times:\u003c/p>\n\u003cblockquote>\u003cp>Mr. Greenspan said that he continued to hold Ms. Yellen in high regard. “I did listen to her more carefully because she articulates her position in a way that you can follow it analytically,” he said in an interview. “Intuitions are useless. Janet’s conversation and her presentations were factually based, and that always got my attention.”\u003c/p>\u003c/blockquote>\n\u003cp>Andrew Rose is an associate dean and chair of the faculty of UC Berkeley’s Haas School of Business. Rose has cowritten a number of papers with Yellen and also taught with her. He’s a strong supporter of her candidacy, and earlier this week KQED’s Mina Kim spoke with him to get a sense of her working style.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>\u003cem>Edited transcript:\u003c/em>\u003c/p>\n\u003cp>\u003cstrong>Mina Kim:\u003c/strong> What is the significance of the role of the Federal Reserve chair?\u003c/p>\n\u003cp>\u003cstrong>Andrew Rose:\u003c/strong> The chair leads the Federal Open Market Committee [FOMC], which establishes monetary policy for the U.S. and sets interest rates, bond purchases and things like that.\u003c/p>\n\u003cp>\u003c!--more-->\u003c/p>\n\u003cp>\u003cstrong>Kim\u003c/strong>: The position has been described as the first or second most powerful position on the planet…\u003c/p>\n\u003cp>\u003cstrong>Rose:\u003c/strong> I think that’s warranted. The president of the United States is clearly more important, but the person who’s responsible for the largest economy in the world and the person who’s also the fireperson in case of a financial crisis somewhere in the world – that’s a very important job indeed.\u003c/p>\n\u003cp>\u003cstrong>Kim:\u003c/strong> Yellen has been described as caring deeply about unemployment. Can you talk about how that focus would translate into monetary policy?\u003c/p>\n\u003cp>\u003cstrong>Rose:\u003c/strong> She’s spent her life doing theory and empirical work in trying understand the sources of unemployment. As a governor and now vice chair of the Fed, she has the ability to influence the rate of unemployment. That’s not to say she ignores inflation; the Federal Reserve has a dual mandate, and she cares about both.\u003c/p>\n\u003caside class=\"pullquote alignleft\">She was quite calm throughout when I was sure the building was going to collapse and we were going to die together.\n\u003cp>\u003cem>-Andrew Rose on Janet Yellen during the Loma Prieta quake\u003c/em>\u003c/p>\u003c/aside>\n\u003cp>\u003cstrong>Kim:\u003c/strong> Current Fed Chair Ben Bernanke faced the daunting task of reversing an economic spiral. What challenges would Yellen face should she be appointed?\u003c/p>\n\u003cp>\u003cstrong>Rose:\u003c/strong> The primary objective is to keep the economic recovery going and if possible to speed it up. Inflation is low and quiescent at this point, and there seems to be no particular reason to worry about it. But the Fed always keeps an eye on inflation. So after keeping the recovery going, the second thing she’ll have to do is eventually reverse the enormous stimulus, the huge injection of money that’s been put into the economy.\u003c/p>\n\u003cp>\u003cstrong>Kim:\u003c/strong> What set of skills would Yellen bring to that challenge of easing up on the stimulus?\u003c/p>\n\u003cp>\u003cstrong>Rose:\u003c/strong> She’s an extremely accomplished economist, she has tremendous amount of experience both in monetary policy in general and running the Fed in particular. And she has enormously talented staff at her disposal. She’s also a consensus builder; she’s very persuasive and I don’t think she’ll have problems persuading the FOMC through the force of her arguments to follow her lead.\u003c/p>\n\u003cp>\u003cstrong>Kim:\u003c/strong> Yellen’s never steered a major institution through a financial crisis. How important is that?\u003c/p>\n\u003cp>\u003cstrong>Rose:\u003c/strong> Very few people have done that. Thank goodness for that, because we don’t have that many financial crises. She has a lot of experience from the sidelines. She was the president of the Federal Reserve Bank of San Francisco, which has certainly been a major player through the crisis. She also participated when she was a Federal Reserve governor during the Mexico crisis in 1994 and 1995.\u003c/p>\n\u003cp>Each of these crises is basically new unto itself. Ben Bernanke was an awesome choice to lead the Fed. But the crises he had studied from the 1930s were not really that relevant to what happened in 2007 and 2008. He’s basically a very smart, capable guy who spoke to a lot of relevant people, and Janet would be in exactly the same situation should there be another financial crisis.\u003c/p>\n\u003cp>\u003cstrong>Kim:\u003c/strong> What experiences have you had working with Yellen that are reflective of her leadership?\u003c/p>\n\u003cp>\u003cstrong>Rose:\u003c/strong> One of the things you do when you write a paper together is you argue about every single word, let alone sentence. The way she could persuade me and others to come around to her point of view was very compelling.\u003c/p>\n\u003cp>I will also say that in a case of a major earthquake, she’s a good person to have next to you, as I know personally from my experience during the Loma Prieta quake in 1989. We were stuck in a doorjamb together, and she didn’t raise her voice. She was quite calm throughout when I was sure the building was going to collapse and we were going to die together.\u003c/p>\n\u003cp>\u003cstrong>Kim:\u003c/strong> Do you think it’s important to Yellen to break the ceiling as the first female chair of the Fed?\u003c/p>\n\u003cp>\u003cstrong>Rose:\u003c/strong> I don’t know if it’s important to her. I don’t think it’s particularly important to the country per se. I think she’s by far the most experienced person ready to lead the Federal Reserve. I believe America should operate like a meritocracy, and that’s the reason I think she should get the job. The fact that she’s a woman is just icing on the cake.\u003c/p>\n\u003cp>\u003cem>\u003ca href=\"https://soundcloud.com/kqed/yellen-mp3\" target=\"_blank\" rel=\"noopener\">Listen to the interview here or below\u003c/a>\u003c/em>\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"disqusTitle": "Contra Costa County to Save Millions in Tax Settlement With Chevron",
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"content": "\u003cp>\u003cstrong>By Sally Schilling, \u003ca href=\"http://richmondconfidential.org/2013/09/19/city-county-settle-chevron-tax-disputes/\" target=\"_blank\">Richmond Confidential\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>Richmond and Contra Costa County have decided to wipe the slate clean with Chevron after nine years of ongoing property tax disputes involving millions of dollars in revenue.\u003c/p>\n\u003cfigure id=\"attachment_112027\" class=\"wp-caption alignleft\" style=\"max-width: 300px\">\u003cimg class=\"size-medium wp-image-112027\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/09/chevron-300x184.jpg\" alt=\"chevron\" width=\"300\" height=\"184\">\u003cfigcaption class=\"wp-caption-text\">Chevron's Richmond refinery. (Rachel Waldholz)\u003c/figcaption>\u003c/figure>\n\u003cp>The Board of Supervisors voted unanimously Tuesday to adopt a settlement regarding the county assessor’s property valuations of the Richmond refinery for the years 2004 to 2012. Chevron agreed to dismiss all of its appeals of the assessed property values of its refinery for these years.\u003c/p>\n\u003cp>The City of Richmond also approved the settlement during its closed session on Tuesday.\u003c/p>\n\u003cp>The settlement means that the county and city will no longer be at risk of having to pay more tax refunds to Chevron for those years, Councilman Jael Myrick said.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>“Chevron was trying to get back from the city a pretty substantial refund,” Myrick said. “This takes that off the table.” \u003c!--more-->\u003c/p>\n\u003cp>The Assessment Appeals Board found Chevron was owed $17 million in refunds for the years 2004 to 2006 and that Chevron owed the county $25 million for the years 2007 to 2009, according to a county staff report. Under the agreement no more money needs to change hands.\u003c/p>\n\u003cp>“There is now certainty with regard to tax payments for the years in question,” Supervisor John Gioia said.\u003c/p>\n\u003cp>The settlement includes an agreement that the taxable value of the refinery for the year 2012 will be reduced from its original valuation of $3.87 billion to $3.28 billion. Chevron is entitled to $8 million in overpaid taxes for 2012, but the parties agreed to halt all county refunds to Chevron for previous years.\u003c/p>\n\u003cp>Dismissing all pending tax litigation means the county and its beneficiaries are preserving another $7.2 million in property taxes that the county received as a result of previous decisions by the Assessment Appeals Board (AAB).\u003c/p>\n\u003cp>“It puts to rest a longstanding dispute that put at risk the funding for essential local government services,” Gioia said.\u003c/p>\n\u003cp>Chevron refinery general manager Kory Judd agreed.\u003c/p>\n\u003cp>The corporation “is pleased to have resolved the tax issues with the Contra Costa County Assessor’s Office to ensure that we are able to preserve funding for essential services and the County’s public schools,” Judd said in a Chevron press release. “We are focused on moving forward and continuing to partner with the community to build a strong economic future for the County and the City of Richmond.”\u003c/p>\n\u003cp>Gioia said, “If Chevron has a dispute for a future year, it is required to go to mediation first.” In any future dispute mediation is mandated as a first step under the agreement.\u003c/p>\n\u003cp>Requiring mediation does not necessarily mean there will not be future appeals by Chevron, the supervisor said. It is not uncommon for any of the four refineries in the county to appeal property valuations, Gioia added.\u003c/p>\n\u003cp>“It depends upon what approach Chevron takes going forward,” he said. “If the spirit of the agreement continues, that could decrease the likelihood of appeals.”\u003c/p>\n\u003cp>Chevron officials said the agreement would improve the overall climate between the company and the local governments.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>“[Chevron, U.S.A.] believes the settlement discussions have fostered a better relationship with the County Assessor and will help bring the assessed value for the Richmond Refinery in line with other refineries in the Bay Area and the United States,” the Chevron press release stated.\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>\u003cstrong>By Sally Schilling, \u003ca href=\"http://richmondconfidential.org/2013/09/19/city-county-settle-chevron-tax-disputes/\" target=\"_blank\">Richmond Confidential\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>Richmond and Contra Costa County have decided to wipe the slate clean with Chevron after nine years of ongoing property tax disputes involving millions of dollars in revenue.\u003c/p>\n\u003cfigure id=\"attachment_112027\" class=\"wp-caption alignleft\" style=\"max-width: 300px\">\u003cimg class=\"size-medium wp-image-112027\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/09/chevron-300x184.jpg\" alt=\"chevron\" width=\"300\" height=\"184\">\u003cfigcaption class=\"wp-caption-text\">Chevron's Richmond refinery. (Rachel Waldholz)\u003c/figcaption>\u003c/figure>\n\u003cp>The Board of Supervisors voted unanimously Tuesday to adopt a settlement regarding the county assessor’s property valuations of the Richmond refinery for the years 2004 to 2012. Chevron agreed to dismiss all of its appeals of the assessed property values of its refinery for these years.\u003c/p>\n\u003cp>The City of Richmond also approved the settlement during its closed session on Tuesday.\u003c/p>\n\u003cp>The settlement means that the county and city will no longer be at risk of having to pay more tax refunds to Chevron for those years, Councilman Jael Myrick said.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>“Chevron was trying to get back from the city a pretty substantial refund,” Myrick said. “This takes that off the table.” \u003c!--more-->\u003c/p>\n\u003cp>The Assessment Appeals Board found Chevron was owed $17 million in refunds for the years 2004 to 2006 and that Chevron owed the county $25 million for the years 2007 to 2009, according to a county staff report. Under the agreement no more money needs to change hands.\u003c/p>\n\u003cp>“There is now certainty with regard to tax payments for the years in question,” Supervisor John Gioia said.\u003c/p>\n\u003cp>The settlement includes an agreement that the taxable value of the refinery for the year 2012 will be reduced from its original valuation of $3.87 billion to $3.28 billion. Chevron is entitled to $8 million in overpaid taxes for 2012, but the parties agreed to halt all county refunds to Chevron for previous years.\u003c/p>\n\u003cp>Dismissing all pending tax litigation means the county and its beneficiaries are preserving another $7.2 million in property taxes that the county received as a result of previous decisions by the Assessment Appeals Board (AAB).\u003c/p>\n\u003cp>“It puts to rest a longstanding dispute that put at risk the funding for essential local government services,” Gioia said.\u003c/p>\n\u003cp>Chevron refinery general manager Kory Judd agreed.\u003c/p>\n\u003cp>The corporation “is pleased to have resolved the tax issues with the Contra Costa County Assessor’s Office to ensure that we are able to preserve funding for essential services and the County’s public schools,” Judd said in a Chevron press release. “We are focused on moving forward and continuing to partner with the community to build a strong economic future for the County and the City of Richmond.”\u003c/p>\n\u003cp>Gioia said, “If Chevron has a dispute for a future year, it is required to go to mediation first.” In any future dispute mediation is mandated as a first step under the agreement.\u003c/p>\n\u003cp>Requiring mediation does not necessarily mean there will not be future appeals by Chevron, the supervisor said. It is not uncommon for any of the four refineries in the county to appeal property valuations, Gioia added.\u003c/p>\n\u003cp>“It depends upon what approach Chevron takes going forward,” he said. “If the spirit of the agreement continues, that could decrease the likelihood of appeals.”\u003c/p>\n\u003cp>Chevron officials said the agreement would improve the overall climate between the company and the local governments.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>“[Chevron, U.S.A.] believes the settlement discussions have fostered a better relationship with the County Assessor and will help bring the assessed value for the Richmond Refinery in line with other refineries in the Bay Area and the United States,” the Chevron press release stated.\u003c/p>\n\n\u003c/div>\u003c/p>",
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"content": "\u003cp>It is the mother's milk of Silicon Valley startups – money, often from investors, to get going and keep growing. And next week new federal regulations will give startups and investors more ways to find each other.\u003c/p>\n\u003cp>Previously, the Securities and Exchange Commission banned companies from advertising publicly to potential investors on TV, radio, in print or at seminars.\u003c/p>\n\u003cfigure id=\"attachment_111854\" class=\"wp-caption alignright\" style=\"max-width: 300px\">\u003cimg class=\"size-medium wp-image-111854 \" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/09/business-startup-640-300x168.jpg\" alt=\"business-startup-640\" width=\"300\" height=\"168\">\u003cfigcaption class=\"wp-caption-text\">Getty Images\u003c/figcaption>\u003c/figure>\n\u003cp>Now, the SEC is lifting that ban. The change was part of the \u003cstrong>\u003ca href=\"http://www.gpo.gov/fdsys/pkg/BILLS-112hr3606enr/pdf/BILLS-112hr3606enr.pdf\">JOBS Act \u003c/a>\u003c/strong>(Jumpstart Our Business Startups), which Congress passed last year.\u003c/p>\n\u003cp>This means companies could, for example, use crowdfunding websites to put their ideas to the world. And investors could use those sites to find the next big thing.\u003c/p>\n\u003cp>KQED's Joshua Johnson recently spoke with Mike Norman, a co-founder of \u003ca href=\"https://wefunder.com/\">Wefunder\u003c/a>, a crowdfunding website for equity investment. The company is based in San Francisco and Boston.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>Here's an edited transcript:\u003c/p>\n\u003cp>\u003cstrong>Joshua Johnson\u003c/strong>: Wefunder was one of the companies that lobbied really hard for the SEC to update these rules. These changes came about in the JOBS Act, which passed last year. What's your take on how that change worked out? Did you get what you wanted, or is there more to do?\u003cbr>\n\u003c!--more-->\u003cbr>\n\u003cstrong>Mike Norman\u003c/strong>: What will change next week is really the first part of the changes implemented by the JOBS Act. We will get the ability to have startups advertise and generally solicit for investments. The part that gets us equally excited will happen next year where everyone will be able to invest in startups. So right now, the drop on the ban on general solicitation allows startups to advertise their fundraising opportunities, but you still only invest if you are an accredited investor, which means you either have $200,000 in income or you have a net worth of more than $1 million.\u003c/p>\n\u003cp>\u003cstrong>Johnson\u003c/strong>: Why should we trust the crowd to drive investment? Crowds are often wrong, groupthink can be a very dangerous thing. Isn't there some value in the struggle to get capital that forces startups to really play their A-game?\u003c/p>\n\u003cp>\u003cstrong>Norman\u003c/strong>: I think there's a lot of value to that, and on Wefunder we actually require that a startup already have raised money from one investor offline and set the terms. Then you'll be able to put your company up on Wefunder and broadcast it out to the universe of investors that could be really passionate and interested in what you're building, to help them follow on in the terms that have been established offline. So, I do think there's value in that initial conversation with an investor that has more experience to decide exactly what the price and the terms of the investment should be.\u003c/p>\n\u003cp>\u003cstrong>Johnson\u003c/strong>: How big of a market do you think there is for this type of investing?\u003c/p>\n\u003cp>\u003cstrong>Norman\u003c/strong>: This is a huge market. If you think about the way investing works right now you have to have a very broad personal network of individuals that make enough money and are connected to the startup scene to go out and raise capital. The vast majority of people that meet those wealth restrictions are not directly connected to startup communities. They do not live in Silicon Valley or in New York or in Boston. They're spread out around the country. And they're really interested in investing in companies, they just have no way to find out about opportunities to do so.\u003c/p>\n\u003cp>\u003cstrong>Johnson\u003c/strong>: It occurs to me also that sites like Wefunder might help to diversify investors in Silicon Valley. You know as well as I do that a lot of the work being done in Silicon Valley is being done mostly by male investors and entrepreneurs, mostly white investors and entrepreneurs. This might go a way toward a little more diversity.\u003c/p>\n\u003cp>\u003cstrong>Norman\u003c/strong>: That's absolutely right. So many more individuals are going to be able to see these companies and have a chance to invest. Most of the time the conversation around crowd investing revolves around access to capital. The piece that doesn't get spoken about as much is how valuable this can be to companies outside of just the capital. If you're raising from traditional investors in the Valley, they're writing you checks for $50,000 and so on and so forth. Oftentimes they're not really embedded in the industry that you're building your startup to impact. With crowd investing, what you're going to be able to do is broadcast out what it is you're building. Say you're building an enterprise application ... you're able to tell the world about your application, and the fact that you've had some early traction with good investors on board. All of the sudden a hundred executives from different Fortune 500 companies can see what you're building.\u003c/p>\n\u003cp>Now, they might not have the ability to put $50,000 or $100,000 into your deal, but even if they only put in a few thousand dollars, and they're tracking what you're doing, and they really believe in what you're building, now you can possibly have an advocate for yourself in the sales process moving forward. You're just getting so many more individuals involved.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>Listen to the entire interview:\u003c/p>\n\u003cdiv>\n\u003cdiv class=\"embedly\">\u003ciframe src=\"https://w.soundcloud.com/player/?url=http%3A%2F%2Fapi.soundcloud.com%2Ftracks%2F111282487&show_artwork=true&maxwidth=900\" frameborder=\"no\" scrolling=\"no\" width=\"640\" height=\"166\">\u003c/iframe>\n\u003cdiv class=\"embedly-clear\">\u003c/div>\n\u003cp>\u003cspan class=\"embedly-powered\" style=\"float: right\">\u003ca title=\"Powered by Embedly\" href=\"http://embed.ly?src=anywhere\" target=\"_blank\">\u003cimg src=\"//static.embed.ly/images/logos/embedly-powered-small-light.png\" alt=\"Embedly Powered\">\u003c/a>\u003c/span>\u003c/p>\n\u003cdiv class=\"media-attribution\">\u003cspan>via \u003c/span>\u003ca class=\"media-attribution-link\" href=\"http://soundcloud.com\" target=\"_blank\">SoundCloud\u003c/a>\u003c/div>\n\u003cdiv class=\"embedly-clear\">\u003c/div>\n\u003c/div>\n\u003c/div>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>It is the mother's milk of Silicon Valley startups – money, often from investors, to get going and keep growing. And next week new federal regulations will give startups and investors more ways to find each other.\u003c/p>\n\u003cp>Previously, the Securities and Exchange Commission banned companies from advertising publicly to potential investors on TV, radio, in print or at seminars.\u003c/p>\n\u003cfigure id=\"attachment_111854\" class=\"wp-caption alignright\" style=\"max-width: 300px\">\u003cimg class=\"size-medium wp-image-111854 \" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/09/business-startup-640-300x168.jpg\" alt=\"business-startup-640\" width=\"300\" height=\"168\">\u003cfigcaption class=\"wp-caption-text\">Getty Images\u003c/figcaption>\u003c/figure>\n\u003cp>Now, the SEC is lifting that ban. The change was part of the \u003cstrong>\u003ca href=\"http://www.gpo.gov/fdsys/pkg/BILLS-112hr3606enr/pdf/BILLS-112hr3606enr.pdf\">JOBS Act \u003c/a>\u003c/strong>(Jumpstart Our Business Startups), which Congress passed last year.\u003c/p>\n\u003cp>This means companies could, for example, use crowdfunding websites to put their ideas to the world. And investors could use those sites to find the next big thing.\u003c/p>\n\u003cp>KQED's Joshua Johnson recently spoke with Mike Norman, a co-founder of \u003ca href=\"https://wefunder.com/\">Wefunder\u003c/a>, a crowdfunding website for equity investment. The company is based in San Francisco and Boston.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>Here's an edited transcript:\u003c/p>\n\u003cp>\u003cstrong>Joshua Johnson\u003c/strong>: Wefunder was one of the companies that lobbied really hard for the SEC to update these rules. These changes came about in the JOBS Act, which passed last year. What's your take on how that change worked out? Did you get what you wanted, or is there more to do?\u003cbr>\n\u003c!--more-->\u003cbr>\n\u003cstrong>Mike Norman\u003c/strong>: What will change next week is really the first part of the changes implemented by the JOBS Act. We will get the ability to have startups advertise and generally solicit for investments. The part that gets us equally excited will happen next year where everyone will be able to invest in startups. So right now, the drop on the ban on general solicitation allows startups to advertise their fundraising opportunities, but you still only invest if you are an accredited investor, which means you either have $200,000 in income or you have a net worth of more than $1 million.\u003c/p>\n\u003cp>\u003cstrong>Johnson\u003c/strong>: Why should we trust the crowd to drive investment? Crowds are often wrong, groupthink can be a very dangerous thing. Isn't there some value in the struggle to get capital that forces startups to really play their A-game?\u003c/p>\n\u003cp>\u003cstrong>Norman\u003c/strong>: I think there's a lot of value to that, and on Wefunder we actually require that a startup already have raised money from one investor offline and set the terms. Then you'll be able to put your company up on Wefunder and broadcast it out to the universe of investors that could be really passionate and interested in what you're building, to help them follow on in the terms that have been established offline. So, I do think there's value in that initial conversation with an investor that has more experience to decide exactly what the price and the terms of the investment should be.\u003c/p>\n\u003cp>\u003cstrong>Johnson\u003c/strong>: How big of a market do you think there is for this type of investing?\u003c/p>\n\u003cp>\u003cstrong>Norman\u003c/strong>: This is a huge market. If you think about the way investing works right now you have to have a very broad personal network of individuals that make enough money and are connected to the startup scene to go out and raise capital. The vast majority of people that meet those wealth restrictions are not directly connected to startup communities. They do not live in Silicon Valley or in New York or in Boston. They're spread out around the country. And they're really interested in investing in companies, they just have no way to find out about opportunities to do so.\u003c/p>\n\u003cp>\u003cstrong>Johnson\u003c/strong>: It occurs to me also that sites like Wefunder might help to diversify investors in Silicon Valley. You know as well as I do that a lot of the work being done in Silicon Valley is being done mostly by male investors and entrepreneurs, mostly white investors and entrepreneurs. This might go a way toward a little more diversity.\u003c/p>\n\u003cp>\u003cstrong>Norman\u003c/strong>: That's absolutely right. So many more individuals are going to be able to see these companies and have a chance to invest. Most of the time the conversation around crowd investing revolves around access to capital. The piece that doesn't get spoken about as much is how valuable this can be to companies outside of just the capital. If you're raising from traditional investors in the Valley, they're writing you checks for $50,000 and so on and so forth. Oftentimes they're not really embedded in the industry that you're building your startup to impact. With crowd investing, what you're going to be able to do is broadcast out what it is you're building. Say you're building an enterprise application ... you're able to tell the world about your application, and the fact that you've had some early traction with good investors on board. All of the sudden a hundred executives from different Fortune 500 companies can see what you're building.\u003c/p>\n\u003cp>Now, they might not have the ability to put $50,000 or $100,000 into your deal, but even if they only put in a few thousand dollars, and they're tracking what you're doing, and they really believe in what you're building, now you can possibly have an advocate for yourself in the sales process moving forward. 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"title": "Eiji Toyoda, Toyota Chief and Industrial Pioneer, Dies at 100",
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"headTitle": "Eiji Toyoda, Toyota Chief and Industrial Pioneer, Dies at 100 | KQED",
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"content": "\u003cfigure id=\"attachment_111522\" class=\"wp-caption alignleft\" style=\"max-width: 300px\">\u003ca href=\"http://ww2.kqed.org/news/2013/09/17/obituary-eiji-toyoda-toyota-motors/toyoda/\" rel=\"attachment wp-att-111522\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-111522\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/09/toyoda-300x168.jpg\" alt=\"Toyota President and Chairman Eiji Toyota at the opening of the Toyota company museum in 1989. (Getty Images/AFP)\" width=\"300\" height=\"168\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Toyoda pictured at the opening of the Toyota company museum in 1989. (Getty Images/AFP)\u003c/figcaption>\u003c/figure>\n\u003cp>If you’re of a certain age — a Boomer, for instance — you can imagine a world without Toyota. The cars and trucks you drove came from Detroit companies, mostly, with a smattering of strays and imports born in exotic locations like \u003ca href=\"http://www.reuters.com/article/2009/10/11/fiat-kenosha-timeline-idUSN1112078020091011\" target=\"_blank\" rel=\"noopener\">Kenosha, Wisconsin\u003c/a>, and \u003ca href=\"http://en.wikipedia.org/wiki/Wolfsburg\" target=\"_blank\" rel=\"noopener\">Wolfsburg, West Germany\u003c/a>. But if you came of age a little later — say you passed your driver’s license test in 1980 or later — it’s impossible to imagine a world without Toyota.\u003c/p>\n\u003cp>If you haven’t guessed it from the crowd of Toyotas on highways throughout the Bay Area and California \u003ca href=\"http://www.cncda.org/secure/GetFile.aspx?ID=2583\" target=\"_blank\" rel=\"noopener\">Toyota is No. 1\u003c/a> in car sales in the state. You might not call the Prius, Camry, RAV4, Corolla, Sienna, Matrix, Yaris, Echo or various Lexus nameplates iconic, but they are everywhere.\u003c/p>\n\u003cp>The industrial pioneer who made them ubiquitous, former Toyota President and Chairman Eiji Toyota, died today in Japan. He was 100. He had one more local claim to attention: He was the force behind Toyota’s 1984 decision to partner with General Motors in \u003ca href=\"http://en.wikipedia.org/wiki/NUMMI\" target=\"_blank\" rel=\"noopener\">New United Motor Manufacturing Inc.\u003c/a> in Fremont, a venture meant to revive GM’s moribund assembly plant. It was Toyota’s first manufacturing facility in the United States.\u003c/p>\n\u003cp>A few snippets from some of the Toyoda obituaries published elsewhere today:\u003cbr>\n\u003c!--more-->\u003cbr>\n\u003cstrong>Los Angeles Times:\u003c/strong> \u003ca href=\"http://www.latimes.com/business/autos/la-fi-hy-eiji-toyoda-obit-toyota-20130917,0,7476968.story\" target=\"_blank\" rel=\"noopener\">Eiji Toyoda, car family scion who developed Corolla and Lexus, dies at 100\u003c/a>\u003c/p>\n\u003cblockquote>\u003cp>Born Sept. 12, 1913, in Nagoya City, Toyoda graduated from the University of Tokyo with a degree in mechanical engineering in 1936 and joined Toyoda Automatic Loom Works Ltd. that same year. About a year later he moved to the company’s newly established automotive subsidiary.\u003c/p>\n\u003cp>He quickly became enamored with the process of manufacturing automobiles, diving into factory operations and supervising activities on the shop floor.\u003c/p>\n\u003caside class=\"pullquote alignleft\">“From my childhood, machines and business were always there right in front of me. I probably developed an understanding of both.”\u003c/aside>\n\u003cp>Having grown up at the textile mill built by his father, Heichachi Toyoda, and uncle Sakichi Toyoda, Eiji Toyoda loved machines.\u003c/p>\n\u003cp>“So from my childhood, machines and business were always there right in front of me,” he said in a Time magazine interview in 1999. “I probably developed an understanding of both.”\u003c/p>\n\u003cp>He rose in the executive ranks, becoming a Toyota director by 1945. But that wasn’t much of a promotion because most of the company’s operations had been put on hold by World War II, picking back up again by 1950.\u003c/p>\n\u003cp>That was when Toyoda toured a Ford factory plant in Dearborn, Mich., an experience that was at the root of many of the ideas he employed at Toyota to create the company’s efficient, low-defect manufacturing processes.\u003c/p>\n\u003cp>“We were producing 40 cars a day,” he said in the Time interview. “Ford was making 8,000 units, a 200-times difference. The gap was enormous.”\u003c/p>\n\u003cp>Toyoda, with the advice of production specialist Taiichi Ohno, changed Toyota’s manufacturing approach. They focused on making cars in small batches, receiving just enough parts at the factory to complete a production run efficiently.\u003c/p>\u003c/blockquote>\n\u003cp>\u003cstrong>New York Times:\u003c/strong> \u003ca href=\"http://www.nytimes.com/2013/09/18/business/global/eiji-toyoda-promoter-of-toyota-way-dies-at-100.html#h%5BIhsBtw,2%5D\" target=\"_blank\" rel=\"noopener\">Eiji Toyoda, Promoter of ‘Toyota Way,’ Dies at 100 \u003c/a>\u003c/p>\n\u003cblockquote>\u003cp>In 1950 he set out on what would turn out to be a pivotal three-month tour to survey Ford’s Rouge plant in Detroit, then the largest and most efficient factory in the world. Before the war, the military government prevented Toyota from building passenger cars, compelling it to make trucks for Japan’s war effort instead.\u003c/p>\n\u003cp>By 1950, Toyota had produced just 2,685 automobiles, compared with the 7,000 vehicles the Rouge plant was rolling out in a single day, according to “\u003ca href=\"http://www.amazon.com/Machine-That-Changed-World-Revolutionizing/dp/0743299795\" target=\"_blank\" rel=\"noopener\">The Machine That Changed the World\u003c/a>,” a 1990 study by James P. Womack, Daniel T. Jones and Daniel Roos.\u003c/p>\n\u003cp>Mr. Toyoda was unfazed, writing back to headquarters that he “thought there were some possibilities to improve the production system.” He brought back a thick booklet that outlined some of Ford’s quality-control methods; the company translated it into Japanese, changing “Ford” to “Toyota” in all references.\u003c/p>\n\u003cp>Mr. Toyoda went on to oversee Toyota’s Motomachi plant, a huge undertaking that gave the automaker the capacity to produce 5,000 passenger vehicles a month at a time when all of Japan produced about 7,000 vehicles a month. The plant, completed in 1959, was soon running at full capacity and gave Toyota a decisive lead over its domestic rival Nissan and the confidence to turn its eyes overseas.\u003c/p>\n\u003caside class=\"pullquote alignleft\">“One of the features of the Japanese workers is that they use their brains as well as their hands.”\u003c/aside>\n\u003cp>Even as he aggressively expanded production at Toyota, Mr. Toyoda implemented a manufacturing culture based on concepts like “kaizen,” a commitment to continuous improvements suggested by the workers themselves, and just-in-time production, a tireless effort to eliminate waste. Those ideas became a corporate philosophy known as the “Toyota Way.”\u003c/p>\n\u003cp>“One of the features of the Japanese workers is that they use their brains as well as their hands,” he said in an interview with the author Masaaki Imai for the 1986 book “Kaizen.” “Our workers provide 1.5 million suggestions a year, and 95 percent of them are put to practical use. There is an almost tangible concern for improvement in the air at Toyota.”\u003c/p>\u003c/blockquote>\n\u003cp>\u003cstrong>Wall Street Journal Japan:\u003c/strong> \u003ca href=\"http://blogs.wsj.com/japanrealtime/2013/09/17/eiji-toyoda-japan-auto-industry-visionary-dies-at-100/?KEYWORDS=toyota\" target=\"_blank\" rel=\"noopener\">Eiji Toyoda, Japan Auto Industry Visionary, Dies at 100 \u003c/a>\u003c/p>\n\u003cblockquote>\u003cp>After a failed earlier attempt to crack the U.S. market, Toyota succeeded with its 1968 Corolla model the year after Mr. Toyoda took over as president.\u003c/p>\n\u003cp>To avoid an escalation of trade friction between the U.S. and Japan in the 1980s, he was also responsible for pushing ahead with a plan to launch a joint production venture with General Motors Corp. called New United Motor Manufacturing Inc. in California. It was Toyota’s first production base in the U.S.\u003c/p>\n\u003cp>Among his other noted business decisions was the birth of Lexus, which he set into motion the year before becoming chairman and six years before the first luxury Toyota model debuted to rave reviews in 1989.\u003c/p>\n\u003cp>He stepped down as chairman in 1992 and served as honorary chairman until 1999, when he assumed the ceremonial post of honorary adviser until his death.\u003c/p>\n\u003cp>Among his many honorary titles outside of the company, he was awarded the Grand Cordon of the Order of the Rising Sun in 1990, one of Japan’s highest honors. He was the second Japanese inductee into the Automotive Hall of Fame in 1994 following Honda Motor Co.’s founder Soichiro Honda.\u003c/p>\n\u003cp>A cousin of the auto maker’s founder Kiichiro Toyoda, he helped the elder Toyoda build the company’s first commercial plant on the site of a red pine grove in town of Koromo, later renamed Toyota City.\u003c/p>\n\u003cp>Mr. Toyoda is survived by his three sons – Kanshiro, chairman of Toyota affiliated auto parts maker Aisin Seiki Co., Tetsuro – chairman of another affiliated parts maker Toyota Industries Corp. – and Shuhei, a former head of Toyota’s European operations, who currently serves as president of affiliated parts maker Toyota Boshoku Corp.\u003c/p>\u003c/blockquote>\n\u003cp>[ad fullwidth]\u003c/p>\u003cp>[ad floatright]\u003c/p>\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cfigure id=\"attachment_111522\" class=\"wp-caption alignleft\" style=\"max-width: 300px\">\u003ca href=\"http://ww2.kqed.org/news/2013/09/17/obituary-eiji-toyoda-toyota-motors/toyoda/\" rel=\"attachment wp-att-111522\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-111522\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/09/toyoda-300x168.jpg\" alt=\"Toyota President and Chairman Eiji Toyota at the opening of the Toyota company museum in 1989. (Getty Images/AFP)\" width=\"300\" height=\"168\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Toyoda pictured at the opening of the Toyota company museum in 1989. (Getty Images/AFP)\u003c/figcaption>\u003c/figure>\n\u003cp>If you’re of a certain age — a Boomer, for instance — you can imagine a world without Toyota. The cars and trucks you drove came from Detroit companies, mostly, with a smattering of strays and imports born in exotic locations like \u003ca href=\"http://www.reuters.com/article/2009/10/11/fiat-kenosha-timeline-idUSN1112078020091011\" target=\"_blank\" rel=\"noopener\">Kenosha, Wisconsin\u003c/a>, and \u003ca href=\"http://en.wikipedia.org/wiki/Wolfsburg\" target=\"_blank\" rel=\"noopener\">Wolfsburg, West Germany\u003c/a>. But if you came of age a little later — say you passed your driver’s license test in 1980 or later — it’s impossible to imagine a world without Toyota.\u003c/p>\n\u003cp>If you haven’t guessed it from the crowd of Toyotas on highways throughout the Bay Area and California \u003ca href=\"http://www.cncda.org/secure/GetFile.aspx?ID=2583\" target=\"_blank\" rel=\"noopener\">Toyota is No. 1\u003c/a> in car sales in the state. You might not call the Prius, Camry, RAV4, Corolla, Sienna, Matrix, Yaris, Echo or various Lexus nameplates iconic, but they are everywhere.\u003c/p>\n\u003cp>The industrial pioneer who made them ubiquitous, former Toyota President and Chairman Eiji Toyota, died today in Japan. He was 100. He had one more local claim to attention: He was the force behind Toyota’s 1984 decision to partner with General Motors in \u003ca href=\"http://en.wikipedia.org/wiki/NUMMI\" target=\"_blank\" rel=\"noopener\">New United Motor Manufacturing Inc.\u003c/a> in Fremont, a venture meant to revive GM’s moribund assembly plant. It was Toyota’s first manufacturing facility in the United States.\u003c/p>\n\u003cp>A few snippets from some of the Toyoda obituaries published elsewhere today:\u003cbr>\n\u003c!--more-->\u003cbr>\n\u003cstrong>Los Angeles Times:\u003c/strong> \u003ca href=\"http://www.latimes.com/business/autos/la-fi-hy-eiji-toyoda-obit-toyota-20130917,0,7476968.story\" target=\"_blank\" rel=\"noopener\">Eiji Toyoda, car family scion who developed Corolla and Lexus, dies at 100\u003c/a>\u003c/p>\n\u003cblockquote>\u003cp>Born Sept. 12, 1913, in Nagoya City, Toyoda graduated from the University of Tokyo with a degree in mechanical engineering in 1936 and joined Toyoda Automatic Loom Works Ltd. that same year. About a year later he moved to the company’s newly established automotive subsidiary.\u003c/p>\n\u003cp>He quickly became enamored with the process of manufacturing automobiles, diving into factory operations and supervising activities on the shop floor.\u003c/p>\n\u003caside class=\"pullquote alignleft\">“From my childhood, machines and business were always there right in front of me. I probably developed an understanding of both.”\u003c/aside>\n\u003cp>Having grown up at the textile mill built by his father, Heichachi Toyoda, and uncle Sakichi Toyoda, Eiji Toyoda loved machines.\u003c/p>\n\u003cp>“So from my childhood, machines and business were always there right in front of me,” he said in a Time magazine interview in 1999. “I probably developed an understanding of both.”\u003c/p>\n\u003cp>He rose in the executive ranks, becoming a Toyota director by 1945. But that wasn’t much of a promotion because most of the company’s operations had been put on hold by World War II, picking back up again by 1950.\u003c/p>\n\u003cp>That was when Toyoda toured a Ford factory plant in Dearborn, Mich., an experience that was at the root of many of the ideas he employed at Toyota to create the company’s efficient, low-defect manufacturing processes.\u003c/p>\n\u003cp>“We were producing 40 cars a day,” he said in the Time interview. “Ford was making 8,000 units, a 200-times difference. The gap was enormous.”\u003c/p>\n\u003cp>Toyoda, with the advice of production specialist Taiichi Ohno, changed Toyota’s manufacturing approach. They focused on making cars in small batches, receiving just enough parts at the factory to complete a production run efficiently.\u003c/p>\u003c/blockquote>\n\u003cp>\u003cstrong>New York Times:\u003c/strong> \u003ca href=\"http://www.nytimes.com/2013/09/18/business/global/eiji-toyoda-promoter-of-toyota-way-dies-at-100.html#h%5BIhsBtw,2%5D\" target=\"_blank\" rel=\"noopener\">Eiji Toyoda, Promoter of ‘Toyota Way,’ Dies at 100 \u003c/a>\u003c/p>\n\u003cblockquote>\u003cp>In 1950 he set out on what would turn out to be a pivotal three-month tour to survey Ford’s Rouge plant in Detroit, then the largest and most efficient factory in the world. Before the war, the military government prevented Toyota from building passenger cars, compelling it to make trucks for Japan’s war effort instead.\u003c/p>\n\u003cp>By 1950, Toyota had produced just 2,685 automobiles, compared with the 7,000 vehicles the Rouge plant was rolling out in a single day, according to “\u003ca href=\"http://www.amazon.com/Machine-That-Changed-World-Revolutionizing/dp/0743299795\" target=\"_blank\" rel=\"noopener\">The Machine That Changed the World\u003c/a>,” a 1990 study by James P. Womack, Daniel T. Jones and Daniel Roos.\u003c/p>\n\u003cp>Mr. Toyoda was unfazed, writing back to headquarters that he “thought there were some possibilities to improve the production system.” He brought back a thick booklet that outlined some of Ford’s quality-control methods; the company translated it into Japanese, changing “Ford” to “Toyota” in all references.\u003c/p>\n\u003cp>Mr. Toyoda went on to oversee Toyota’s Motomachi plant, a huge undertaking that gave the automaker the capacity to produce 5,000 passenger vehicles a month at a time when all of Japan produced about 7,000 vehicles a month. The plant, completed in 1959, was soon running at full capacity and gave Toyota a decisive lead over its domestic rival Nissan and the confidence to turn its eyes overseas.\u003c/p>\n\u003caside class=\"pullquote alignleft\">“One of the features of the Japanese workers is that they use their brains as well as their hands.”\u003c/aside>\n\u003cp>Even as he aggressively expanded production at Toyota, Mr. Toyoda implemented a manufacturing culture based on concepts like “kaizen,” a commitment to continuous improvements suggested by the workers themselves, and just-in-time production, a tireless effort to eliminate waste. Those ideas became a corporate philosophy known as the “Toyota Way.”\u003c/p>\n\u003cp>“One of the features of the Japanese workers is that they use their brains as well as their hands,” he said in an interview with the author Masaaki Imai for the 1986 book “Kaizen.” “Our workers provide 1.5 million suggestions a year, and 95 percent of them are put to practical use. There is an almost tangible concern for improvement in the air at Toyota.”\u003c/p>\u003c/blockquote>\n\u003cp>\u003cstrong>Wall Street Journal Japan:\u003c/strong> \u003ca href=\"http://blogs.wsj.com/japanrealtime/2013/09/17/eiji-toyoda-japan-auto-industry-visionary-dies-at-100/?KEYWORDS=toyota\" target=\"_blank\" rel=\"noopener\">Eiji Toyoda, Japan Auto Industry Visionary, Dies at 100 \u003c/a>\u003c/p>\n\u003cblockquote>\u003cp>After a failed earlier attempt to crack the U.S. market, Toyota succeeded with its 1968 Corolla model the year after Mr. Toyoda took over as president.\u003c/p>\n\u003cp>To avoid an escalation of trade friction between the U.S. and Japan in the 1980s, he was also responsible for pushing ahead with a plan to launch a joint production venture with General Motors Corp. called New United Motor Manufacturing Inc. in California. It was Toyota’s first production base in the U.S.\u003c/p>\n\u003cp>Among his other noted business decisions was the birth of Lexus, which he set into motion the year before becoming chairman and six years before the first luxury Toyota model debuted to rave reviews in 1989.\u003c/p>\n\u003cp>He stepped down as chairman in 1992 and served as honorary chairman until 1999, when he assumed the ceremonial post of honorary adviser until his death.\u003c/p>\n\u003cp>Among his many honorary titles outside of the company, he was awarded the Grand Cordon of the Order of the Rising Sun in 1990, one of Japan’s highest honors. He was the second Japanese inductee into the Automotive Hall of Fame in 1994 following Honda Motor Co.’s founder Soichiro Honda.\u003c/p>\n\u003cp>A cousin of the auto maker’s founder Kiichiro Toyoda, he helped the elder Toyoda build the company’s first commercial plant on the site of a red pine grove in town of Koromo, later renamed Toyota City.\u003c/p>\n\u003cp>Mr. Toyoda is survived by his three sons – Kanshiro, chairman of Toyota affiliated auto parts maker Aisin Seiki Co., Tetsuro – chairman of another affiliated parts maker Toyota Industries Corp. – and Shuhei, a former head of Toyota’s European operations, who currently serves as president of affiliated parts maker Toyota Boshoku Corp.\u003c/p>\u003c/blockquote>\n\u003cp>\u003c/p>\u003c/div>",
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"disqusTitle": "We Moved Our Startup from San Francisco to Berkeley – and Lots More Will Follow",
"title": "We Moved Our Startup from San Francisco to Berkeley – and Lots More Will Follow",
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"content": "\u003cfigure id=\"attachment_111482\" class=\"wp-caption aligncenter\" style=\"max-width: 640px\">\u003ca href=\"http://ww2.kqed.org/news/2013/09/17/why-we-moved-our-startup-from-san-francisco-to-berkeley/rs91_calcampus120626/\" rel=\"attachment wp-att-111482\">\u003cimg class=\"size-full wp-image-111482\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/09/RS91_CalCampus120626.jpg\" alt=\"The UC Berkeley campus as viewed from the marina area. (Studio H/Flickr)\" width=\"640\" height=\"424\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">The UC Berkeley campus as viewed from the marina area. (Studio H/Flickr)\u003c/figcaption>\u003c/figure>\n\u003cp>\u003cstrong>\u003ca href=\"http://www.berkeleyside.com/2013/09/16/why-we-moved-our-startup-from-san-francisco-to-berkeley-and-why-more-will-follow/\" target=\"_blank\">Commentary first published\u003c/a> Sept. 16, 2013, by Berkeleyside.\u003c/strong>\u003c/p>\n\u003cp>\u003cem>Alex Gourley is the co-founder and CEO of \u003ca href=\"http://www.bitgym.com/\" target=\"_blank\">BitGym\u003c/a>, which transforms an ordinary cardio machine into beautiful trails, inspiring classes, and fun multiplayer fitness activities. (Learn more at www.bitgym.com)\u003c/em>\u003c/p>\n\u003cp>\u003cstrong>By Alex Gourley\u003c/strong>\u003c/p>\n\u003cp>We recently moved our four-person software startup from the Mission District of San Francisco to downtown Berkeley. It’s been a fantastic change and, upon further reflection, I believe there are three main reasons many will follow us.\u003c/p>\n\u003cp>\u003cstrong>Economics\u003c/strong>\u003cbr>\nSoftware startups require less investment capital to start than ever. Thanks to mature open source projects and turnkey cloud services, the time and expertise needed to launch most startups is falling dramatically.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>This means that fewer companies seek capital early in their lifecycle. Founders are more likely to attempt to bootstrap, and, even if they do want to raise capital, the institutional investors demand more pre-funding traction than ever. The path to startup success now begins with frugality.\u003c/p>\n\u003cp>The most significant overhead is the founders’ cost of living. San Francisco already had high rents in 2010 and they’ve gone up an incredible 50 percent in the three years since. In short, San Francisco property values are toxic for early-stage companies, and, as I will address next, the city fails to make up for it in other ways.\u003c/p>\n\u003cp>\u003cstrong>\u003c!--more-->Culture and environment\u003c/strong>\u003cbr>\nSan Francisco is an amazing, diverse city. It is unquestionably cool, and its nightlife and culture are commonly credited to the influx of tech workers and tech startups. But if you look at what startup founders and early employees actually do with their leisure time, it’s mostly cramming into a café while searching for an elusive power outlet, drinking good coffee, drinking good beer, reading a good book, or going on a nice hike. Arguably Berkeley loses on the coffee and the beer, but it’s close, and Berkeley creams San Francisco at the rest. More and more people are looking to flee the city, and their East Bay friends are continuing to ask why they don’t just move already.\u003c/p>\n\u003cp>\u003cstrong>Labor pool\u003c/strong>\u003cbr>\nFinally, San Francisco has a large tech worker labor pool — not just in the city proper, but from transit and highways that bring in workers from all over the Bay Area. However, transit flows both ways. Berkeley has a reasonable commute from the East Bay and most of San Francisco. Thumbing through the most recent labor statistics, I calculate the functional labor pool of software engineers for an office in downtown Berkeley is still two-thirds the size of the labor pool for an office in SoMa. And because of the (relatively) lower housing prices and nerd-friendly amenities, many potential workers would be open to relocating here.\u003c/p>\n\u003cp>If you think you’re going to be the next Twitter, the larger labor pool of San Francisco or the South Bay may actually matter, but that’s a good problem to have, and your early team will be too busy counting stock options to object to an office move.\u003c/p>\n\u003cp>Moving to Berkeley has been one of the best decisions we’ve made here at BitGym, and my discussions with colleagues in the industry inform me that the trend will continue. Sure it will take years, but the conditions are right. Before long, a successful “anchor” company will emerge, creating a hotspot as well as spinning off newly minted millionaires. These folks will finance and found more companies, and the process will repeat. And it’s already begun.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003cem>\u003cbr>\n\u003c/em>\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cfigure id=\"attachment_111482\" class=\"wp-caption aligncenter\" style=\"max-width: 640px\">\u003ca href=\"http://ww2.kqed.org/news/2013/09/17/why-we-moved-our-startup-from-san-francisco-to-berkeley/rs91_calcampus120626/\" rel=\"attachment wp-att-111482\">\u003cimg class=\"size-full wp-image-111482\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/09/RS91_CalCampus120626.jpg\" alt=\"The UC Berkeley campus as viewed from the marina area. (Studio H/Flickr)\" width=\"640\" height=\"424\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">The UC Berkeley campus as viewed from the marina area. (Studio H/Flickr)\u003c/figcaption>\u003c/figure>\n\u003cp>\u003cstrong>\u003ca href=\"http://www.berkeleyside.com/2013/09/16/why-we-moved-our-startup-from-san-francisco-to-berkeley-and-why-more-will-follow/\" target=\"_blank\">Commentary first published\u003c/a> Sept. 16, 2013, by Berkeleyside.\u003c/strong>\u003c/p>\n\u003cp>\u003cem>Alex Gourley is the co-founder and CEO of \u003ca href=\"http://www.bitgym.com/\" target=\"_blank\">BitGym\u003c/a>, which transforms an ordinary cardio machine into beautiful trails, inspiring classes, and fun multiplayer fitness activities. (Learn more at www.bitgym.com)\u003c/em>\u003c/p>\n\u003cp>\u003cstrong>By Alex Gourley\u003c/strong>\u003c/p>\n\u003cp>We recently moved our four-person software startup from the Mission District of San Francisco to downtown Berkeley. It’s been a fantastic change and, upon further reflection, I believe there are three main reasons many will follow us.\u003c/p>\n\u003cp>\u003cstrong>Economics\u003c/strong>\u003cbr>\nSoftware startups require less investment capital to start than ever. Thanks to mature open source projects and turnkey cloud services, the time and expertise needed to launch most startups is falling dramatically.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>This means that fewer companies seek capital early in their lifecycle. Founders are more likely to attempt to bootstrap, and, even if they do want to raise capital, the institutional investors demand more pre-funding traction than ever. The path to startup success now begins with frugality.\u003c/p>\n\u003cp>The most significant overhead is the founders’ cost of living. San Francisco already had high rents in 2010 and they’ve gone up an incredible 50 percent in the three years since. In short, San Francisco property values are toxic for early-stage companies, and, as I will address next, the city fails to make up for it in other ways.\u003c/p>\n\u003cp>\u003cstrong>\u003c!--more-->Culture and environment\u003c/strong>\u003cbr>\nSan Francisco is an amazing, diverse city. It is unquestionably cool, and its nightlife and culture are commonly credited to the influx of tech workers and tech startups. But if you look at what startup founders and early employees actually do with their leisure time, it’s mostly cramming into a café while searching for an elusive power outlet, drinking good coffee, drinking good beer, reading a good book, or going on a nice hike. Arguably Berkeley loses on the coffee and the beer, but it’s close, and Berkeley creams San Francisco at the rest. More and more people are looking to flee the city, and their East Bay friends are continuing to ask why they don’t just move already.\u003c/p>\n\u003cp>\u003cstrong>Labor pool\u003c/strong>\u003cbr>\nFinally, San Francisco has a large tech worker labor pool — not just in the city proper, but from transit and highways that bring in workers from all over the Bay Area. However, transit flows both ways. Berkeley has a reasonable commute from the East Bay and most of San Francisco. Thumbing through the most recent labor statistics, I calculate the functional labor pool of software engineers for an office in downtown Berkeley is still two-thirds the size of the labor pool for an office in SoMa. And because of the (relatively) lower housing prices and nerd-friendly amenities, many potential workers would be open to relocating here.\u003c/p>\n\u003cp>If you think you’re going to be the next Twitter, the larger labor pool of San Francisco or the South Bay may actually matter, but that’s a good problem to have, and your early team will be too busy counting stock options to object to an office move.\u003c/p>\n\u003cp>Moving to Berkeley has been one of the best decisions we’ve made here at BitGym, and my discussions with colleagues in the industry inform me that the trend will continue. Sure it will take years, but the conditions are right. Before long, a successful “anchor” company will emerge, creating a hotspot as well as spinning off newly minted millionaires. These folks will finance and found more companies, and the process will repeat. And it’s already begun.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003cem>\u003cbr>\n\u003c/em>\u003c/p>\n\n\u003c/div>\u003c/p>",
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"content": "\u003cp>Immigration. Prison overcrowding. Hydraulic fracturing. The minimum wage. Those were just \u003cem>some\u003c/em> of the major issues California lawmakers tackled during a frantic week of legislating in Sacramento.\u003c/p>\n\u003cfigure id=\"attachment_111193\" class=\"wp-caption alignright\" style=\"max-width: 300px\">\u003cimg decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-111193\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/09/brownwhiffle-300x225.jpg\" alt=\"brownwhiffle\" width=\"300\" height=\"225\">\u003cfigcaption class=\"wp-caption-text\">As legislators passed bills in marathon sessions this week, Gov. Jerry Brown played some whiffle ball. (Governor’s Press Office)\u003c/figcaption>\u003c/figure>\n\u003cp>The 2013 legislative session closed with a bang—more than 400 bills were sent to Gov. Jerry Brown’s desk this week alone.\u003c/p>\n\u003cp>(Maybe that’s why the governor got some \u003ca href=\"https://twitter.com/GovPressOffice/status/378307237430558720/photo/1\">whiffle ball\u003c/a> action in yesterday—he’ll be too busy signing and vetoing bills the rest of the month to play.)\u003c/p>\n\u003cp>Among the high-profile bills sent to Brown: a measure creating \u003ca href=\"http://blogs.sacbee.com/capitolalertlatest/2013/09/california-sends-undocumented-immigrant-license-bill-to-gov-jerry-brown.html\">driver’s licenses \u003c/a>for undocumented immigrants; a bill increasing the\u003ca href=\"http://ww2.kqed.org/news/2013/09/12/californias-minimum-wage/\"> minimum wage\u003c/a> from $8 to $10; \u003ca href=\"http://ww2.kqed.org/news/2013/09/12/what-would-californias-fracking-bill-do/\">legislation regulating fracking\u003c/a>; a bill that would transition the state’s schools to \u003ca href=\"http://ww2.kqed.org/news/2013/09/11/110930/\" target=\"_blank\" rel=\"noopener\">a new system of testing.\u003c/a>\u003cbr>\n\u003c!--more-->\u003c/p>\n\u003cp>Brown’s public endorsements of three of those bills (on driver’s licenses, fracking, and the minimum wage), plus his opposition to a resolution \u003ca href=\"http://ww2.kqed.org/news/2013/09/13/bay-bridge-renamed-for-willie-brown\">renaming the Bay Bridge\u003c/a> for former San Francisco Mayor Willie Brown, illustrated how involved the governor was in wrangling votes this week. (When he wasn’t playing whiffle ball, that is.)\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>Much has been made this year of how Democrats would use their huge majorities in both houses of the Legislature. The Senate and Assembly didn’t push through any tax increases this session, but Democrats did pass a slew of bills helping undocumented immigrants.\u003c/p>\n\u003cp>In addition to the driver’s license measure, bills on Brown’s desk would allow undocumented immigrants to \u003ca href=\"http://www.npr.org/2013/09/05/219177457/calif-gov-debates-changing-whos-eligible-for-jury-duty\">serve on juries\u003c/a> and \u003ca href=\"http://blogs.sacbee.com/capitolalertlatest/2013/09/bill-letting-undocumented-immigrants-practice-law-heads-to-governor.html\">practice law\u003c/a>. Another measure \u003ca href=\"http://ww2.kqed.org/news/2013/09/10/california-legislature-passes-trust-act\">prohibits police\u003c/a> from turning undocumented immigrants over to federal authorities unless the immigrants already have a violent felony on their record.\u003c/p>\n\u003cp>The Legislature passed those bills at a time when immigration reform is deadlocked on the federal level. Another area where California is more aggressive than Congress: gun control.\u003c/p>\n\u003cp>President Obama’s efforts to tighten federal firearms laws went nowhere this year, but California lawmakers sent several \u003ca href=\"http://www.latimes.com/local/political/la-me-pc-lawmakers-send-tough-gun-control-bills-to-the-governor-20130912,0,5610828.story\">gun-control bills\u003c/a> to the governor. This during a week when two Colorado state senators were \u003ca href=\"http://abcnews.go.com/Politics/colorado-recall-elections-chill-push-gun-laws/story?id=20227650\">recalled\u003c/a> for voting for gun laws in a state that has experienced two infamous mass shootings.\u003c/p>\n\u003cp>Visit \u003ca href=\"http://blogs.kqed.org/stateofhealth/2013/09/13/midwifery-physical-therapy-pharmacists-bills-move-to-governors-desk-scope-of-practice/\">KQED’s State of Health\u003c/a> blog to learn about some of the health-related bills that advanced to the governor’s desk.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>And here’s more analysis from KQED’s “\u003ca href=\"http://www.kqed.org/tv/programs/thisweek/\">This Week in Northern California.\u003c/a>”\u003cbr>\n\u003ciframe loading=\"lazy\" src=\"//www.youtube.com/embed/V9MoHtBLkPM?start=93\" frameborder=\"0\" width=\"640\" height=\"480\">\u003c/iframe>\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>Immigration. Prison overcrowding. Hydraulic fracturing. The minimum wage. Those were just \u003cem>some\u003c/em> of the major issues California lawmakers tackled during a frantic week of legislating in Sacramento.\u003c/p>\n\u003cfigure id=\"attachment_111193\" class=\"wp-caption alignright\" style=\"max-width: 300px\">\u003cimg decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-111193\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/09/brownwhiffle-300x225.jpg\" alt=\"brownwhiffle\" width=\"300\" height=\"225\">\u003cfigcaption class=\"wp-caption-text\">As legislators passed bills in marathon sessions this week, Gov. Jerry Brown played some whiffle ball. (Governor’s Press Office)\u003c/figcaption>\u003c/figure>\n\u003cp>The 2013 legislative session closed with a bang—more than 400 bills were sent to Gov. Jerry Brown’s desk this week alone.\u003c/p>\n\u003cp>(Maybe that’s why the governor got some \u003ca href=\"https://twitter.com/GovPressOffice/status/378307237430558720/photo/1\">whiffle ball\u003c/a> action in yesterday—he’ll be too busy signing and vetoing bills the rest of the month to play.)\u003c/p>\n\u003cp>Among the high-profile bills sent to Brown: a measure creating \u003ca href=\"http://blogs.sacbee.com/capitolalertlatest/2013/09/california-sends-undocumented-immigrant-license-bill-to-gov-jerry-brown.html\">driver’s licenses \u003c/a>for undocumented immigrants; a bill increasing the\u003ca href=\"http://ww2.kqed.org/news/2013/09/12/californias-minimum-wage/\"> minimum wage\u003c/a> from $8 to $10; \u003ca href=\"http://ww2.kqed.org/news/2013/09/12/what-would-californias-fracking-bill-do/\">legislation regulating fracking\u003c/a>; a bill that would transition the state’s schools to \u003ca href=\"http://ww2.kqed.org/news/2013/09/11/110930/\" target=\"_blank\" rel=\"noopener\">a new system of testing.\u003c/a>\u003cbr>\n\u003c!--more-->\u003c/p>\n\u003cp>Brown’s public endorsements of three of those bills (on driver’s licenses, fracking, and the minimum wage), plus his opposition to a resolution \u003ca href=\"http://ww2.kqed.org/news/2013/09/13/bay-bridge-renamed-for-willie-brown\">renaming the Bay Bridge\u003c/a> for former San Francisco Mayor Willie Brown, illustrated how involved the governor was in wrangling votes this week. (When he wasn’t playing whiffle ball, that is.)\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>Much has been made this year of how Democrats would use their huge majorities in both houses of the Legislature. The Senate and Assembly didn’t push through any tax increases this session, but Democrats did pass a slew of bills helping undocumented immigrants.\u003c/p>\n\u003cp>In addition to the driver’s license measure, bills on Brown’s desk would allow undocumented immigrants to \u003ca href=\"http://www.npr.org/2013/09/05/219177457/calif-gov-debates-changing-whos-eligible-for-jury-duty\">serve on juries\u003c/a> and \u003ca href=\"http://blogs.sacbee.com/capitolalertlatest/2013/09/bill-letting-undocumented-immigrants-practice-law-heads-to-governor.html\">practice law\u003c/a>. Another measure \u003ca href=\"http://ww2.kqed.org/news/2013/09/10/california-legislature-passes-trust-act\">prohibits police\u003c/a> from turning undocumented immigrants over to federal authorities unless the immigrants already have a violent felony on their record.\u003c/p>\n\u003cp>The Legislature passed those bills at a time when immigration reform is deadlocked on the federal level. Another area where California is more aggressive than Congress: gun control.\u003c/p>\n\u003cp>President Obama’s efforts to tighten federal firearms laws went nowhere this year, but California lawmakers sent several \u003ca href=\"http://www.latimes.com/local/political/la-me-pc-lawmakers-send-tough-gun-control-bills-to-the-governor-20130912,0,5610828.story\">gun-control bills\u003c/a> to the governor. This during a week when two Colorado state senators were \u003ca href=\"http://abcnews.go.com/Politics/colorado-recall-elections-chill-push-gun-laws/story?id=20227650\">recalled\u003c/a> for voting for gun laws in a state that has experienced two infamous mass shootings.\u003c/p>\n\u003cp>Visit \u003ca href=\"http://blogs.kqed.org/stateofhealth/2013/09/13/midwifery-physical-therapy-pharmacists-bills-move-to-governors-desk-scope-of-practice/\">KQED’s State of Health\u003c/a> blog to learn about some of the health-related bills that advanced to the governor’s desk.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>And here’s more analysis from KQED’s “\u003ca href=\"http://www.kqed.org/tv/programs/thisweek/\">This Week in Northern California.\u003c/a>”\u003cbr>\n\u003ciframe loading=\"lazy\" src=\"//www.youtube.com/embed/V9MoHtBLkPM?start=93\" frameborder=\"0\" width=\"640\" height=\"480\">\u003c/iframe>\u003c/p>\n\n\u003c/div>\u003c/p>",
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"content": "\u003cp>If you feel like you missed out on our latter-day tech IPO extravaganza and your chance to blow money (or make it) on issues like \u003ca href=\"http://finance.yahoo.com/q?s=LNKD&ql=1\" target=\"_blank\" rel=\"noopener\">LinkedIn\u003c/a>, \u003ca href=\"http://finance.yahoo.com/q?s=fb&ql=1\" target=\"_blank\" rel=\"noopener\">Facebook\u003c/a> or \u003ca href=\"http://finance.yahoo.com/q?s=znga&ql=1\" target=\"_blank\" rel=\"noopener\">Zynga\u003c/a>, take heart. Here’s news of an initial public offering that broke right here in San Francisco:\u003c/p>\n\u003cblockquote class=\"twitter-tweet\">\u003cp>We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale.\u003c/p>\n\u003cp>— Twitter (@twitter) \u003ca href=\"https://twitter.com/twitter/statuses/378261932148416512\">September 12, 2013\u003c/a>\u003c/p>\u003c/blockquote>\n\u003cp>Yes, Twitter is going public. And this post is not a recommendation that you should consider buying the stock when it comes to market, but don’t be surprised if the IPO excites a Facebook-style frenzy. A couple of tech-world takes on the news:\u003c/p>\n\u003cp>\u003cstrong>\u003ca href=\"http://techcrunch.com/2013/09/12/twitter-is-going-public-files-s-1-with-sec/\" target=\"_blank\" rel=\"noopener\">Alex Wilhelm, TechCrunch\u003c/a>:\u003cbr>\n\u003c/strong>\u003c/p>\n\u003cblockquote>\u003cp>We don’t know much, but expect Twitter to go public at a valuation of between $15 billion and $20 billion, roughly. Its last private money came in at around a $10 billion valuation, and those investors will want a return on their funds. …\u003c/p>\n\u003cp>… Twitter’s public offering has been a very long time in coming, and contains inside of it oodles of institutional pressure: With hundreds of millions of invested capital under its belt, Twitter has a number of investors that want their money back — it has been well managed, sure, but cash has a certain feel to it. The IPO will be a zoo. But it will be fun zoo, and that is all that matters.\u003c/p>\n\u003cp>Now, what are Twitter’s revenue and profit figures? We’ll actually get to know soon. Get excited.\u003c/p>\u003c/blockquote>\n\u003cp>\u003cstrong>\u003ca href=\"http://money.cnn.com/2013/09/12/technology/social/twitter-ipo/?source=cnn_bin\" target=\"_blank\" rel=\"noopener\">David Goldman, CNN Money: \u003c/a>\u003c/strong>\u003c/p>\n\u003cblockquote>\u003cp>The company sent its filing confidentially to the Securities Exchange Commission. Many soon-to-be-public companies have been taking advantage of new regulations passed last year in the JOBS Act, which allows smaller businesses to keep its financial data out of the public’s eye.\u003c/p>\n\u003cp>Twitter has been rumored to be going public for the past few years. After Facebook’s (FB) IPO in May 2012, Twitter was widely believed to be the next major technology company to offer its stock to public investors.\u003cbr>\nTwitter has exploded in usage since its creation in 2006, with hundreds of millions of users.\u003c/p>\u003c/blockquote>\n\u003cp>[ad fullwidth]\u003c/p>\u003cp>\u003c/p>\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>If you feel like you missed out on our latter-day tech IPO extravaganza and your chance to blow money (or make it) on issues like \u003ca href=\"http://finance.yahoo.com/q?s=LNKD&ql=1\" target=\"_blank\" rel=\"noopener\">LinkedIn\u003c/a>, \u003ca href=\"http://finance.yahoo.com/q?s=fb&ql=1\" target=\"_blank\" rel=\"noopener\">Facebook\u003c/a> or \u003ca href=\"http://finance.yahoo.com/q?s=znga&ql=1\" target=\"_blank\" rel=\"noopener\">Zynga\u003c/a>, take heart. Here’s news of an initial public offering that broke right here in San Francisco:\u003c/p>\n\u003cblockquote class=\"twitter-tweet\">\u003cp>We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale.\u003c/p>\n\u003cp>— Twitter (@twitter) \u003ca href=\"https://twitter.com/twitter/statuses/378261932148416512\">September 12, 2013\u003c/a>\u003c/p>\u003c/blockquote>\n\u003cp>Yes, Twitter is going public. And this post is not a recommendation that you should consider buying the stock when it comes to market, but don’t be surprised if the IPO excites a Facebook-style frenzy. A couple of tech-world takes on the news:\u003c/p>\n\u003cp>\u003cstrong>\u003ca href=\"http://techcrunch.com/2013/09/12/twitter-is-going-public-files-s-1-with-sec/\" target=\"_blank\" rel=\"noopener\">Alex Wilhelm, TechCrunch\u003c/a>:\u003cbr>\n\u003c/strong>\u003c/p>\n\u003cblockquote>\u003cp>We don’t know much, but expect Twitter to go public at a valuation of between $15 billion and $20 billion, roughly. Its last private money came in at around a $10 billion valuation, and those investors will want a return on their funds. …\u003c/p>\n\u003cp>… Twitter’s public offering has been a very long time in coming, and contains inside of it oodles of institutional pressure: With hundreds of millions of invested capital under its belt, Twitter has a number of investors that want their money back — it has been well managed, sure, but cash has a certain feel to it. The IPO will be a zoo. But it will be fun zoo, and that is all that matters.\u003c/p>\n\u003cp>Now, what are Twitter’s revenue and profit figures? We’ll actually get to know soon. Get excited.\u003c/p>\u003c/blockquote>\n\u003cp>\u003cstrong>\u003ca href=\"http://money.cnn.com/2013/09/12/technology/social/twitter-ipo/?source=cnn_bin\" target=\"_blank\" rel=\"noopener\">David Goldman, CNN Money: \u003c/a>\u003c/strong>\u003c/p>\n\u003cblockquote>\u003cp>The company sent its filing confidentially to the Securities Exchange Commission. Many soon-to-be-public companies have been taking advantage of new regulations passed last year in the JOBS Act, which allows smaller businesses to keep its financial data out of the public’s eye.\u003c/p>\n\u003cp>Twitter has been rumored to be going public for the past few years. After Facebook’s (FB) IPO in May 2012, Twitter was widely believed to be the next major technology company to offer its stock to public investors.\u003cbr>\nTwitter has exploded in usage since its creation in 2006, with hundreds of millions of users.\u003c/p>\u003c/blockquote>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cfigure id=\"attachment_106283\" class=\"wp-caption alignright\" style=\"max-width: 300px\">\u003ca href=\"http://ww2.kqed.org/news/2013/08/09/106270/Richmond-eminent-domain-underwater-mortgages/rs612_foreclosure20120511-scr/\" rel=\"attachment wp-att-106283\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-106283\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/08/RS612_foreclosure20120511-scr-300x195.jpg\" alt=\"The Richmond is the first city to try to use eminent domain to address its housing crisis. (Justin Sullivan/Getty Images)\" width=\"300\" height=\"195\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Richmond is the first city to try to use eminent domain to address its housing crisis. (Justin Sullivan/Getty Images) \u003ccite>(Justin Sullivan/Getty Images)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>\u003cstrong>By The Associated Press\u003c/strong>\u003c/p>\n\u003cp>Richmond is moving ahead with its first-in-the-nation plan to use the government’s constitutional power of eminent domain to seize hundreds of underwater mortgages.\u003c/p>\n\u003cp>The Richmond City Council voted 4-3 early this morning to set up a Joint Powers Authority to bring more cities into the plan. Mayor Gayle McLaughlin said the city of El Monte (Los Angeles County) has expressed interest, and she believes other cities will follow.\u003c/p>\n\u003cp>Under the plan, Richmond would use eminent domain to seize the underwater mortgage. It would then offer the bank fair market value for it and give the homeowner a new loan that would lower monthly payments and improve the owner’s chances of staying.\u003c/p>\n\u003cp>Banks have filed lawsuits to stop Richmond from going ahead. Recently, city officials have \u003ca href=\"http://www.contracostatimes.com/news/ci_23985826/richmond-mounting-concerns-threaten-support-plan-seize-underwater\" target=\"_blank\" rel=\"noopener\">expressed concern\u003c/a> that Wall Street financial institutions have declined to participate in the city’s recent attempts to refinance some of its bond debt.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\u003cp>\u003c/p>\n",
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"content": "\u003cfigure id=\"attachment_110580\" class=\"wp-caption alignright\" style=\"max-width: 300px\">\u003ca href=\"http://ww2.kqed.org/news/2013/09/10/110579/rs708_applesamsung20120821-scr/\" rel=\"attachment wp-att-110580\">\u003cimg class=\"size-medium wp-image-110580\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/09/RS708_applesamsung20120821-scr-300x199.jpg\" alt=\"The Apple iPhone 4. \" width=\"300\" height=\"199\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">The Apple iPhone 4.\u003c/figcaption>\u003c/figure>\n\u003cp>Apple will be making An Announcement this morning — yes, it's a capital-letter event — at 10 a.m. PDT/1 p.m. EDT. The consensus among the Apple cognoscenti is that we'll be seeing an updated version of the company's iPhone 5 as well as a down-market (meaning: lower-cost) version of the smartphone.\u003c/p>\n\u003cp>Rumored improvements in the new iPhone include \u003ca href=\"http://www.wired.com/opinion/2013/09/what-if-apples-new-phone-has-fingerprint-authentication/\" target=\"_blank\">fingerprint authentication\u003c/a> and a bigger screen.\u003c/p>\n\u003cp>In the meantime, here's a quick rundown on what some in the global technology press are saying about the company's announcement:\u003c/p>\n\u003cul>\n\u003cli>CNET: \u003ca href=\"http://news.cnet.com/8301-13579_3-57601817-37/what-to-expect-from-apple-at-tuesdays-special-event/\" target=\"_blank\">What to expect from Apple at Tuesday's special event\u003c/a> (includes live blog beginning at 9 a.m. PDT/noon EDT).\u003c/li>\n\u003cli>The New York Times: \u003ca href=\"http://www.nytimes.com/2013/09/10/technology/guarding-a-luxury-aura.html?ref=technology&_r=0\" target=\"_blank\">Luxury Brands Face Hazards When Testing Lower Costs\u003c/a>\u003c/li>\n\u003cli>TechCrunch: \u003ca href=\"http://techcrunch.com/2013/09/10/live-blog-from-apples-iphone-5s-announcement/\" target=\"_blank\">Live from Apple's iPhone 5S announcement \u003c/a>(live blog)\u003c/li>\n\u003cli>Wired: \u003ca href=\"http://www.wired.com/gadgetlab/2013/09/apple-iphone-live-blog/\" target=\"_blank\">It's Apple's Big Day: Get Ready for a Ton of New Stuff\u003c/a>\u003c/li>\n\u003cli>\u003ca href=\"http://www.cultofmac.com/244005/what-to-expect-from-apples-september-10-iphone-event/\" target=\"_blank\">Cult of Mac: What to Expect from Apple's September 10 iPhone Event\u003c/a>\u003c/li>\n\u003cli>AllThingsD: \u003ca href=\"http://allthingsd.com/20130910/coming-up-apple-expands-the-iphone-family-at-cupertino-launch/\" target=\"_blank\">Coming Up: Apple Expands the iPhone Family at Cupertino Launch\u003c/a>\u003c/li>\n\u003c/ul>\n\u003cp>Also: Some irreverent comment on the less expensive iPhone 5:\u003c/p>\n\u003cp>[youtube http://www.youtube.com/watch?v=kAGtk2x4BSQ]\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\u003cp>\u003c/p>\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cfigure id=\"attachment_110580\" class=\"wp-caption alignright\" style=\"max-width: 300px\">\u003ca href=\"http://ww2.kqed.org/news/2013/09/10/110579/rs708_applesamsung20120821-scr/\" rel=\"attachment wp-att-110580\">\u003cimg class=\"size-medium wp-image-110580\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/09/RS708_applesamsung20120821-scr-300x199.jpg\" alt=\"The Apple iPhone 4. \" width=\"300\" height=\"199\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">The Apple iPhone 4.\u003c/figcaption>\u003c/figure>\n\u003cp>Apple will be making An Announcement this morning — yes, it's a capital-letter event — at 10 a.m. PDT/1 p.m. EDT. The consensus among the Apple cognoscenti is that we'll be seeing an updated version of the company's iPhone 5 as well as a down-market (meaning: lower-cost) version of the smartphone.\u003c/p>\n\u003cp>Rumored improvements in the new iPhone include \u003ca href=\"http://www.wired.com/opinion/2013/09/what-if-apples-new-phone-has-fingerprint-authentication/\" target=\"_blank\">fingerprint authentication\u003c/a> and a bigger screen.\u003c/p>\n\u003cp>In the meantime, here's a quick rundown on what some in the global technology press are saying about the company's announcement:\u003c/p>\n\u003cul>\n\u003cli>CNET: \u003ca href=\"http://news.cnet.com/8301-13579_3-57601817-37/what-to-expect-from-apple-at-tuesdays-special-event/\" target=\"_blank\">What to expect from Apple at Tuesday's special event\u003c/a> (includes live blog beginning at 9 a.m. PDT/noon EDT).\u003c/li>\n\u003cli>The New York Times: \u003ca href=\"http://www.nytimes.com/2013/09/10/technology/guarding-a-luxury-aura.html?ref=technology&_r=0\" target=\"_blank\">Luxury Brands Face Hazards When Testing Lower Costs\u003c/a>\u003c/li>\n\u003cli>TechCrunch: \u003ca href=\"http://techcrunch.com/2013/09/10/live-blog-from-apples-iphone-5s-announcement/\" target=\"_blank\">Live from Apple's iPhone 5S announcement \u003c/a>(live blog)\u003c/li>\n\u003cli>Wired: \u003ca href=\"http://www.wired.com/gadgetlab/2013/09/apple-iphone-live-blog/\" target=\"_blank\">It's Apple's Big Day: Get Ready for a Ton of New Stuff\u003c/a>\u003c/li>\n\u003cli>\u003ca href=\"http://www.cultofmac.com/244005/what-to-expect-from-apples-september-10-iphone-event/\" target=\"_blank\">Cult of Mac: What to Expect from Apple's September 10 iPhone Event\u003c/a>\u003c/li>\n\u003cli>AllThingsD: \u003ca href=\"http://allthingsd.com/20130910/coming-up-apple-expands-the-iphone-family-at-cupertino-launch/\" target=\"_blank\">Coming Up: Apple Expands the iPhone Family at Cupertino Launch\u003c/a>\u003c/li>\n\u003c/ul>\n\u003cp>Also: Some irreverent comment on the less expensive iPhone 5:\u003c/p>\n\u003cp>\u003c/p>\u003cp>\u003cspan class='utils-parseShortcode-shortcodes-__youtubeShortcode__embedYoutube'>\n \u003cspan class='utils-parseShortcode-shortcodes-__youtubeShortcode__embedYoutubeInside'>\n \u003ciframe\n loading='lazy'\n class='utils-parseShortcode-shortcodes-__youtubeShortcode__youtubePlayer'\n type='text/html'\n src='//www.youtube.com/embed/kAGtk2x4BSQ'\n title='//www.youtube.com/embed/kAGtk2x4BSQ'\n allowfullscreen='true'\n style='border:0;'>\u003c/iframe>\n \u003c/span>\n \u003c/span>\u003c/p>\u003cp>\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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},
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"id": "city-arts",
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"info": "A one-hour radio program to hear celebrated writers, artists and thinkers address contemporary ideas and values, often discussing the creative process. Please note: tapes or transcripts are not available",
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"airtime": "SUN 1pm-2pm, TUE 10pm, WED 1am",
"meta": {
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"source": "City Arts & Lectures"
},
"link": "https://www.cityarts.net",
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}
},
"closealltabs": {
"id": "closealltabs",
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"officialWebsiteLink": "/podcasts/closealltabs",
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"order": 1
},
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"title": "Code Switch / Life Kit",
"info": "\u003cem>Code Switch\u003c/em>, which listeners will hear in the first part of the hour, has fearless and much-needed conversations about race. Hosted by journalists of color, the show tackles the subject of race head-on, exploring how it impacts every part of society — from politics and pop culture to history, sports and more.\u003cbr />\u003cbr />\u003cem>Life Kit\u003c/em>, which will be in the second part of the hour, guides you through spaces and feelings no one prepares you for — from finances to mental health, from workplace microaggressions to imposter syndrome, from relationships to parenting. The show features experts with real world experience and shares their knowledge. Because everyone needs a little help being human.\u003cbr />\u003cbr />\u003ca href=\"https://www.npr.org/podcasts/510312/codeswitch\">\u003cem>Code Switch\u003c/em> offical site and podcast\u003c/a>\u003cbr />\u003ca href=\"https://www.npr.org/lifekit\">\u003cem>Life Kit\u003c/em> offical site and podcast\u003c/a>\u003cbr />",
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"id": "commonwealth-club",
"title": "Commonwealth Club of California Podcast",
"info": "The Commonwealth Club of California is the nation's oldest and largest public affairs forum. As a non-partisan forum, The Club brings to the public airwaves diverse viewpoints on important topics. The Club's weekly radio broadcast - the oldest in the U.S., dating back to 1924 - is carried across the nation on public radio stations and is now podcasting. Our website archive features audio of our recent programs, as well as selected speeches from our long and distinguished history. This podcast feed is usually updated twice a week and is always un-edited.",
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"source": "Commonwealth Club of California"
},
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"google": "https://podcasts.google.com/feed/aHR0cDovL3d3dy5jb21tb253ZWFsdGhjbHViLm9yZy9hdWRpby9wb2RjYXN0L3dlZWtseS54bWw",
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"title": "Forum",
"tagline": "The conversation starts here",
"info": "KQED’s live call-in program discussing local, state, national and international issues, as well as in-depth interviews.",
"airtime": "MON-FRI 9am-11am, 10pm-11pm",
"imageSrc": "https://cdn.kqed.org/wp-content/uploads/2024/04/Forum-Podcast-Tile-703x703-1.jpg",
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"order": 9
},
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"google": "https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5tZWdhcGhvbmUuZm0vS1FJTkM5NTU3MzgxNjMz",
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"meta": {
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"source": "WNYC"
},
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"apple": "https://itunes.apple.com/us/podcast/freakonomics-radio/id354668519",
"tuneIn": "https://tunein.com/podcasts/WNYC-Podcasts/Freakonomics-Radio-p272293/",
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},
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"id": "fresh-air",
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"apple": "https://itunes.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?s=143441&mt=2&id=214089682&at=11l79Y&ct=nprdirectory",
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"info": "A live production of NPR and WBUR Boston, in collaboration with stations across the country, Here & Now reflects the fluid world of news as it's happening in the middle of the day, with timely, in-depth news, interviews and conversation. Hosted by Robin Young, Jeremy Hobson and Tonya Mosley.",
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"hidden-brain": {
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"info": "Shankar Vedantam uses science and storytelling to reveal the unconscious patterns that drive human behavior, shape our choices and direct our relationships.",
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"airtime": "SUN 7pm-8pm",
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"source": "NPR"
},
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"how-i-built-this": {
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"info": "Guy Raz dives into the stories behind some of the world's best known companies. How I Built This weaves a narrative journey about innovators, entrepreneurs and idealists—and the movements they built.",
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"airtime": "SUN 7:30pm-8pm",
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"link": "/radio/program/how-i-built-this",
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"hyphenacion": {
"id": "hyphenacion",
"title": "Hyphenación",
"tagline": "Where conversation and cultura meet",
"info": "What kind of no sabo word is Hyphenación? For us, it’s about living within a hyphenation. Like being a third-gen Mexican-American from the Texas border now living that Bay Area Chicano life. Like Xorje! Each week we bring together a couple of hyphenated Latinos to talk all about personal life choices: family, careers, relationships, belonging … everything is on the table. ",
"imageSrc": "https://cdn.kqed.org/wp-content/uploads/2025/03/Hyphenacion_FinalAssets_PodcastTile.png",
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"order": 15
},
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},
"jerrybrown": {
"id": "jerrybrown",
"title": "The Political Mind of Jerry Brown",
"tagline": "Lessons from a lifetime in politics",
"info": "The Political Mind of Jerry Brown brings listeners the wisdom of the former Governor, Mayor, and presidential candidate. Scott Shafer interviewed Brown for more than 40 hours, covering the former governor's life and half-century in the political game – and Brown has some lessons he'd like to share. ",
"imageSrc": "https://cdn.kqed.org/wp-content/uploads/2024/04/The-Political-Mind-of-Jerry-Brown-Podcast-Tile-703x703-1.jpg",
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"officialWebsiteLink": "/podcasts/jerrybrown",
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"order": 18
},
"link": "/podcasts/jerrybrown",
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},
"latino-usa": {
"id": "latino-usa",
"title": "Latino USA",
"airtime": "MON 1am-2am, SUN 6pm-7pm",
"info": "Latino USA, the radio journal of news and culture, is the only national, English-language radio program produced from a Latino perspective.",
"imageSrc": "https://ww2.kqed.org/radio/wp-content/uploads/sites/50/2018/04/latinoUsa.jpg",
"officialWebsiteLink": "http://latinousa.org/",
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"link": "/radio/program/latino-usa",
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"apple": "https://itunes.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?s=143441&mt=2&id=79681317&at=11l79Y&ct=nprdirectory",
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"rss": "https://feeds.npr.org/510016/podcast.xml"
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},
"marketplace": {
"id": "marketplace",
"title": "Marketplace",
"info": "Our flagship program, helmed by Kai Ryssdal, examines what the day in money delivered, through stories, conversations, newsworthy numbers and more. Updated Monday through Friday at about 3:30 p.m. PT.",
"airtime": "MON-FRI 4pm-4:30pm, MON-WED 6:30pm-7pm",
"imageSrc": "https://cdn.kqed.org/wp-content/uploads/2024/04/Marketplace-Podcast-Tile-360x360-1.jpg",
"officialWebsiteLink": "https://www.marketplace.org/",
"meta": {
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"source": "American Public Media"
},
"link": "/radio/program/marketplace",
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},
"masters-of-scale": {
"id": "masters-of-scale",
"title": "Masters of Scale",
"info": "Masters of Scale is an original podcast in which LinkedIn co-founder and Greylock Partner Reid Hoffman sets out to describe and prove theories that explain how great entrepreneurs take their companies from zero to a gazillion in ingenious fashion.",
"airtime": "Every other Wednesday June 12 through October 16 at 8pm (repeats Thursdays at 2am)",
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"meta": {
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"rss": "https://rss.art19.com/masters-of-scale"
}
},
"mindshift": {
"id": "mindshift",
"title": "MindShift",
"tagline": "A podcast about the future of learning and how we raise our kids",
"info": "The MindShift podcast explores the innovations in education that are shaping how kids learn. Hosts Ki Sung and Katrina Schwartz introduce listeners to educators, researchers, parents and students who are developing effective ways to improve how kids learn. We cover topics like how fed-up administrators are developing surprising tactics to deal with classroom disruptions; how listening to podcasts are helping kids develop reading skills; the consequences of overparenting; and why interdisciplinary learning can engage students on all ends of the traditional achievement spectrum. This podcast is part of the MindShift education site, a division of KQED News. KQED is an NPR/PBS member station based in San Francisco. You can also visit the MindShift website for episodes and supplemental blog posts or tweet us \u003ca href=\"https://twitter.com/MindShiftKQED\">@MindShiftKQED\u003c/a> or visit us at \u003ca href=\"/mindshift\">MindShift.KQED.org\u003c/a>",
"imageSrc": "https://cdn.kqed.org/wp-content/uploads/2024/04/Mindshift-Podcast-Tile-703x703-1.jpg",
"imageAlt": "KQED MindShift: How We Will Learn",
"officialWebsiteLink": "/mindshift/",
"meta": {
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"source": "kqed",
"order": 12
},
"link": "/podcasts/mindshift",
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"google": "https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5tZWdhcGhvbmUuZm0vS1FJTkM1NzY0NjAwNDI5",
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}
},
"morning-edition": {
"id": "morning-edition",
"title": "Morning Edition",
"info": "\u003cem>Morning Edition\u003c/em> takes listeners around the country and the world with multi-faceted stories and commentaries every weekday. Hosts Steve Inskeep, David Greene and Rachel Martin bring you the latest breaking news and features to prepare you for the day.",
"airtime": "MON-FRI 3am-9am",
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"onourwatch": {
"id": "onourwatch",
"title": "On Our Watch",
"tagline": "Deeply-reported investigative journalism",
"info": "For decades, the process for how police police themselves has been inconsistent – if not opaque. In some states, like California, these proceedings were completely hidden. After a new police transparency law unsealed scores of internal affairs files, our reporters set out to examine these cases and the shadow world of police discipline. On Our Watch brings listeners into the rooms where officers are questioned and witnesses are interrogated to find out who this system is really protecting. Is it the officers, or the public they've sworn to serve?",
"imageSrc": "https://cdn.kqed.org/wp-content/uploads/2024/04/On-Our-Watch-Podcast-Tile-703x703-1.jpg",
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"officialWebsiteLink": "/podcasts/onourwatch",
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"source": "kqed",
"order": 11
},
"link": "/podcasts/onourwatch",
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"google": "https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5ucHIub3JnLzUxMDM2MC9wb2RjYXN0LnhtbD9zYz1nb29nbGVwb2RjYXN0cw",
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},
"on-the-media": {
"id": "on-the-media",
"title": "On The Media",
"info": "Our weekly podcast explores how the media 'sausage' is made, casts an incisive eye on fluctuations in the marketplace of ideas, and examines threats to the freedom of information and expression in America and abroad. For one hour a week, the show tries to lift the veil from the process of \"making media,\" especially news media, because it's through that lens that we see the world and the world sees us",
"airtime": "SUN 2pm-3pm, MON 12am-1am",
"imageSrc": "https://ww2.kqed.org/radio/wp-content/uploads/sites/50/2018/04/onTheMedia.png",
"officialWebsiteLink": "https://www.wnycstudios.org/shows/otm",
"meta": {
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"source": "wnyc"
},
"link": "/radio/program/on-the-media",
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"tuneIn": "https://tunein.com/radio/On-the-Media-p69/",
"rss": "http://feeds.wnyc.org/onthemedia"
}
},
"pbs-newshour": {
"id": "pbs-newshour",
"title": "PBS NewsHour",
"info": "Analysis, background reports and updates from the PBS NewsHour putting today's news in context.",
"airtime": "MON-FRI 3pm-4pm",
"imageSrc": "https://cdn.kqed.org/wp-content/uploads/2024/04/PBS-News-Hour-Podcast-Tile-360x360-1.jpg",
"officialWebsiteLink": "https://www.pbs.org/newshour/",
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},
"link": "/radio/program/pbs-newshour",
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"apple": "https://itunes.apple.com/us/podcast/pbs-newshour-full-show/id394432287?mt=2",
"tuneIn": "https://tunein.com/radio/PBS-NewsHour---Full-Show-p425698/",
"rss": "https://www.pbs.org/newshour/feeds/rss/podcasts/show"
}
},
"perspectives": {
"id": "perspectives",
"title": "Perspectives",
"tagline": "KQED's series of daily listener commentaries since 1991",
"info": "KQED's series of daily listener commentaries since 1991.",
"imageSrc": "https://cdn.kqed.org/wp-content/uploads/2025/01/Perspectives_Tile_Final.jpg",
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"officialWebsiteLink": "/perspectives/",
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"source": "kqed",
"order": 14
},
"link": "/perspectives",
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