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"content": "\u003cfigure id=\"attachment_71275\" class=\"wp-caption alignleft\" style=\"max-width: 150px\">\u003cimg class=\"size-thumbnail wp-image-71275\" title=\"\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/peets-150x150.jpg\" alt=\"Coffee\" width=\"150\" height=\"150\">\u003cfigcaption class=\"wp-caption-text\">Photo by Marcelo Alves / Flickr\u003c/figcaption>\u003c/figure>\n\u003cp>What does a celebrity-fragrance-producing German conglomerate know about coffee, anyway?\u003c/p>\n\u003cp>Some Bay Area residents may have asked that question Monday after hearing that beloved local coffee chain \u003ca href=\"http://ww2.kqed.org/news/2012/07/23/peets-coffee-tea-sold-to-german-conglomerate-for-almost-1-billion/\">Peet's is being bought by Joh. A. Benckiser\u003c/a>, a German company whose holdings include the producer of fragrances like \u003ca href=\"http://www.coty.com/brands/jennifer-lopez\">Glow by JLo\u003c/a> and \u003ca href=\"http://www.coty.com/brands/beyonc%C3%A9\">Beyoncé Parfums\u003c/a>. Joh. A. Benckiser also reportedly owns Labelux, a luxury goods company with brands such as Jimmy Choo and Bally.\u003c/p>\n\u003cp>We asked KQED's Facebook fans what the company could do to retain its loyal customers, and even improve the chain. Some of the responses below...\u003c!--more-->\u003c/p>\n\u003cp>http://storify.com/kqednews/10-suggestions-for-the-new-owners-of-peet-s\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\u003cp>\u003c/p>\n",
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"disqusTitle": "California Workers to Rally in Support of Increasing Federal Minimum Wage",
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"content": "\u003cp>\u003cem>by Bernice Yeung, \u003ca href=\"http://californiawatch.org/dailyreport/california-workers-rally-minimum-wage-increase-17229\">California Watch\u003c/a>\u003c/em>\u003c/p>\n\u003cp>California workers in Inglewood and Sacramento will join labor advocates across the country at rallies today to support forthcoming legislation by U.S. Rep. George Miller, D-Calif., that would increase the federal minimum wage by $2.55 per hour.\u003c/p>\n\u003cfigure id=\"attachment_71332\" class=\"wp-caption alignleft\" style=\"max-width: 300px\">\u003ca href=\"http://www.flickr.com/photos/68751915@N05/6757842133/sizes/m/in/photostream/\">\u003cimg src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/w-2form-300x225.jpg\" alt=\"\" title=\"w-2form\" width=\"300\" height=\"225\" class=\"size-medium wp-image-71332\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Image: 401(K) 2012/Flickr\u003c/figcaption>\u003c/figure>\n\u003cp>Under Miller’s \u003ca href=\"http://democrats.edworkforce.house.gov/issue/fair-minimum-wage-act-2012\" target=\"_blank\">proposal\u003c/a>, the minimum wage would jump from $7.25 to $9.80 per hour over three years, and wages would then subsequently be adjusted for inflation each year. The federal minimum wage last was raised in 2007 from $5.15 per hour.\u003c/p>\n\u003cp>“Raising the minimum wage is about respecting work for the millions of Americans who work hard every day yet still live in poverty,” Aaron Albright, a spokesman for the House Education and the Workforce Committee Democrats, said in an email.\u003c/p>\n\u003cp>“The fact remains that the minimum wage today buys less than it did in 1956,” he added. “It’s time to start valuing and respecting those who work hard and play by the rules.” \u003c!--more-->\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>U.S. Sen. Tom Harkin, D-Iowa, introduced a \u003ca href=\"http://thomas.loc.gov/cgi-bin/query/z?c112:S.2252:\" target=\"_blank\">similar bill\u003c/a> in the Senate.\u003c/p>\n\u003cp>Although California’s minimum wage is higher than the federal standard at $8 per hour, state labor advocates said wage improvements still need to be made.\u003c/p>\n\u003cp>\"Eight dollars an hour is still not enough to support a family, and it's not even enough to support an individual who has hopes of a decent life,\" said Jacob Hay of Good Jobs LA, a group that advocates for workers’ rights.\u003c/p>\n\u003cp>Proponents for the federal increase said the current minimum wage amounts to earnings of about $15,000 a year for a full-time worker, and because wages have not been tied to inflation, the real purchasing power of minimum wage has fallen to $6.77 per hour in the past three years. In California, the yearly paycheck for minimum wage employees who work 40 hours a week is about $16,600.\u003c/p>\n\u003cp>But business organizations oppose proposals that increase the minimum wage because they said it could reduce the number of jobs that are available in the first place.\u003c/p>\n\u003cp>“Mandatory wage increases hurt not only small businesses, but their employees as well,” the National Federation of Independent Business states on its \u003ca href=\"http://www.nfib.com/advocacy/item/cmsid/240\" target=\"_blank\">website\u003c/a>. “Big corporations do not have to absorb the cost because most minimum-wage jobs are offered by small businesses. It has not been proven to reduce poverty or narrow the income gap and puts a stranglehold on America's top job creators: small businesses. The overwhelming majority of economists continue to affirm the job-killing nature of mandatory wage increases: mandatory minimum-wage increases end up reducing employment levels for those people with the lowest skills.”\u003c/p>\n\u003cp>A \u003ca href=\"http://www.nelp.org/page/-/rtmw/NELP-Big-Business-Corporate-Profits-Minimum-Wage.pdf?nocdn=1\" target=\"_blank\">study\u003c/a> released last week by the National Employment Law Project, an employee rights advocacy organization, said most low-wage workers are, in fact, employees of corporations that are in a “strong financial position,” the report said.\u003c/p>\n\u003cp>“Most of the low-wage employers that would be disproportionately affected by an increase in the minimum wage are in a strong financial position and can afford the cost of a higher minimum wage,” the report states.\u003c/p>\n\u003cp>Policy discussions about raising the minimum wage long have been a battle of conflicting research over its true economic effects, said Jeannette Wicks-Lim, an assistant research professor at the University of Massachusetts’ Political Economy Research Institute.\u003c/p>\n\u003cp>“The main reason why people are concerned about the impact on minimum wage of low-wage workers is over whether it will jeopardize business opportunities,” she said. “There is a ton of research on this question, and the debate has been going on back and forth decades.”\u003c/p>\n\u003cp>Wicks-Lim said the recent research shows\u003cstrong> \u003c/strong>minimum wage laws enacted in the past “have not had a negative impact on workers’ job opportunities.”\u003c/p>\n\u003cp>“Increases to minimum wage have not produced the loss of jobs in the ways that opponents of these types of proposals predict,” she said.\u003c/p>\n\u003cp>In addition to the federal bill, there also are efforts to increase the minimum wage in San Jose, where voters will consider a \u003ca href=\"http://www.sanjoseca.gov/clerk/minwage/minimum_wage.asp\" target=\"_blank\">ballot initiative\u003c/a> in November that would give minimum wage workers a raise to $10 per hour. Wages also would be adjusted for inflation.\u003c/p>\n\u003cp>The proposal emerged from a San Jose State University sociology class taught by Scott Myers-Lipton. “Faced with the rising costs of gas, food, and tuition, the students concluded that making a wage of $8 an hour was simply not enough to live in Silicon Valley,” he wrote in an email.\u003c/p>\n\u003cp>The initiative is partially modeled on a wage policy in San Francisco that establishes a higher minimum wage than the rest of the state at $10.24 per hour.\u003c/p>\n\u003cp>Business organizations said the San Jose initiative would negatively affect the local economy. “If $8 an hour is not livable, then neither is $10, frankly,” said Tab Berg, a consultant for a coalition of business groups called Save San Jose Jobs, Oppose Government Mandated Wage Hike.\u003c/p>\n\u003cp>Under the initiative, the increase in wages “isn’t going to be a significant change for workers, but what it will do is limit the number of jobs that are going to be available at that wage level, and it will be worse off for the people that they (the bill proponents) say they are going to help,” Berg said.\u003c/p>\n\u003cp>Small-business owners in downtown San Jose’s San Pedro Square Market said recently that while they are sympathetic to minimum wage employees and supported the raise in concept, they also had concerns.\u003c/p>\n\u003cp>Rose Mendoza, who owns Ay Dios Mio, a boutique specializing in Mexican folk art accessories and gifts, said increases to the minimum wage should be tied to an economic benchmark like the Consumer Price Index.\u003c/p>\n\u003cp>“I want a raise every year, and so do minimum wage workers,” said Mendoza, who also works in the finance department of tech company Intel. “I support an increase, but it should be done annually and tied to an economic indicator, and then I think it would be very fair to employers, and workers could keep up with inflation.”\u003c/p>\n\u003cp>Mike Millares of The Showroom, an apparel store, said he also feels conflicted about the minimum wage proposal. He opened the shop in May and said, “Technically, we’re still starting.”\u003c/p>\n\u003cp>“I understand the need for a raise to minimum wage, but it makes me really not want to hire someone,” he said.\u003c/p>\n\u003cp>And while Marcus Sparks, 18, helped spread the word about the rallies in Sacramento, he will not participate in them because he will be earning minimum wage that day as a fry cook at a Sacramento-area McDonald’s.\u003c/p>\n\u003cp>Sparks will start college at American River College in the fall and he said he hopes to start his own clothing line one day. He said he supports efforts to increase the minimum wage because having more money in his pocket will help him pay for books, art supplies and food.\u003c/p>\n\u003cp>“My mother is struggling, and the reason I want to do better for myself is because I don’t want to have to depend on her,” he said.\u003c/p>\n\u003cp>Sparks said he would like to get a raise of about $2 per hour so he could earn $20,000 a year.\u003c/p>\n\u003cp>“I could pay more bills and not depend on others,” he said. “It would make it easier to live and to live comfortably.”\u003c/p>\n\u003cp>[ad floatright]\u003c/p>\n\u003cp>\u003cem>Bernice Yeung is a journalist for \u003ca href=\"http://californiawatch.org/\">California Watch\u003c/a>\u003c/em>.\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>\u003cem>by Bernice Yeung, \u003ca href=\"http://californiawatch.org/dailyreport/california-workers-rally-minimum-wage-increase-17229\">California Watch\u003c/a>\u003c/em>\u003c/p>\n\u003cp>California workers in Inglewood and Sacramento will join labor advocates across the country at rallies today to support forthcoming legislation by U.S. Rep. George Miller, D-Calif., that would increase the federal minimum wage by $2.55 per hour.\u003c/p>\n\u003cfigure id=\"attachment_71332\" class=\"wp-caption alignleft\" style=\"max-width: 300px\">\u003ca href=\"http://www.flickr.com/photos/68751915@N05/6757842133/sizes/m/in/photostream/\">\u003cimg src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/w-2form-300x225.jpg\" alt=\"\" title=\"w-2form\" width=\"300\" height=\"225\" class=\"size-medium wp-image-71332\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Image: 401(K) 2012/Flickr\u003c/figcaption>\u003c/figure>\n\u003cp>Under Miller’s \u003ca href=\"http://democrats.edworkforce.house.gov/issue/fair-minimum-wage-act-2012\" target=\"_blank\">proposal\u003c/a>, the minimum wage would jump from $7.25 to $9.80 per hour over three years, and wages would then subsequently be adjusted for inflation each year. The federal minimum wage last was raised in 2007 from $5.15 per hour.\u003c/p>\n\u003cp>“Raising the minimum wage is about respecting work for the millions of Americans who work hard every day yet still live in poverty,” Aaron Albright, a spokesman for the House Education and the Workforce Committee Democrats, said in an email.\u003c/p>\n\u003cp>“The fact remains that the minimum wage today buys less than it did in 1956,” he added. “It’s time to start valuing and respecting those who work hard and play by the rules.” \u003c!--more-->\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>U.S. Sen. Tom Harkin, D-Iowa, introduced a \u003ca href=\"http://thomas.loc.gov/cgi-bin/query/z?c112:S.2252:\" target=\"_blank\">similar bill\u003c/a> in the Senate.\u003c/p>\n\u003cp>Although California’s minimum wage is higher than the federal standard at $8 per hour, state labor advocates said wage improvements still need to be made.\u003c/p>\n\u003cp>\"Eight dollars an hour is still not enough to support a family, and it's not even enough to support an individual who has hopes of a decent life,\" said Jacob Hay of Good Jobs LA, a group that advocates for workers’ rights.\u003c/p>\n\u003cp>Proponents for the federal increase said the current minimum wage amounts to earnings of about $15,000 a year for a full-time worker, and because wages have not been tied to inflation, the real purchasing power of minimum wage has fallen to $6.77 per hour in the past three years. In California, the yearly paycheck for minimum wage employees who work 40 hours a week is about $16,600.\u003c/p>\n\u003cp>But business organizations oppose proposals that increase the minimum wage because they said it could reduce the number of jobs that are available in the first place.\u003c/p>\n\u003cp>“Mandatory wage increases hurt not only small businesses, but their employees as well,” the National Federation of Independent Business states on its \u003ca href=\"http://www.nfib.com/advocacy/item/cmsid/240\" target=\"_blank\">website\u003c/a>. “Big corporations do not have to absorb the cost because most minimum-wage jobs are offered by small businesses. It has not been proven to reduce poverty or narrow the income gap and puts a stranglehold on America's top job creators: small businesses. The overwhelming majority of economists continue to affirm the job-killing nature of mandatory wage increases: mandatory minimum-wage increases end up reducing employment levels for those people with the lowest skills.”\u003c/p>\n\u003cp>A \u003ca href=\"http://www.nelp.org/page/-/rtmw/NELP-Big-Business-Corporate-Profits-Minimum-Wage.pdf?nocdn=1\" target=\"_blank\">study\u003c/a> released last week by the National Employment Law Project, an employee rights advocacy organization, said most low-wage workers are, in fact, employees of corporations that are in a “strong financial position,” the report said.\u003c/p>\n\u003cp>“Most of the low-wage employers that would be disproportionately affected by an increase in the minimum wage are in a strong financial position and can afford the cost of a higher minimum wage,” the report states.\u003c/p>\n\u003cp>Policy discussions about raising the minimum wage long have been a battle of conflicting research over its true economic effects, said Jeannette Wicks-Lim, an assistant research professor at the University of Massachusetts’ Political Economy Research Institute.\u003c/p>\n\u003cp>“The main reason why people are concerned about the impact on minimum wage of low-wage workers is over whether it will jeopardize business opportunities,” she said. “There is a ton of research on this question, and the debate has been going on back and forth decades.”\u003c/p>\n\u003cp>Wicks-Lim said the recent research shows\u003cstrong> \u003c/strong>minimum wage laws enacted in the past “have not had a negative impact on workers’ job opportunities.”\u003c/p>\n\u003cp>“Increases to minimum wage have not produced the loss of jobs in the ways that opponents of these types of proposals predict,” she said.\u003c/p>\n\u003cp>In addition to the federal bill, there also are efforts to increase the minimum wage in San Jose, where voters will consider a \u003ca href=\"http://www.sanjoseca.gov/clerk/minwage/minimum_wage.asp\" target=\"_blank\">ballot initiative\u003c/a> in November that would give minimum wage workers a raise to $10 per hour. Wages also would be adjusted for inflation.\u003c/p>\n\u003cp>The proposal emerged from a San Jose State University sociology class taught by Scott Myers-Lipton. “Faced with the rising costs of gas, food, and tuition, the students concluded that making a wage of $8 an hour was simply not enough to live in Silicon Valley,” he wrote in an email.\u003c/p>\n\u003cp>The initiative is partially modeled on a wage policy in San Francisco that establishes a higher minimum wage than the rest of the state at $10.24 per hour.\u003c/p>\n\u003cp>Business organizations said the San Jose initiative would negatively affect the local economy. “If $8 an hour is not livable, then neither is $10, frankly,” said Tab Berg, a consultant for a coalition of business groups called Save San Jose Jobs, Oppose Government Mandated Wage Hike.\u003c/p>\n\u003cp>Under the initiative, the increase in wages “isn’t going to be a significant change for workers, but what it will do is limit the number of jobs that are going to be available at that wage level, and it will be worse off for the people that they (the bill proponents) say they are going to help,” Berg said.\u003c/p>\n\u003cp>Small-business owners in downtown San Jose’s San Pedro Square Market said recently that while they are sympathetic to minimum wage employees and supported the raise in concept, they also had concerns.\u003c/p>\n\u003cp>Rose Mendoza, who owns Ay Dios Mio, a boutique specializing in Mexican folk art accessories and gifts, said increases to the minimum wage should be tied to an economic benchmark like the Consumer Price Index.\u003c/p>\n\u003cp>“I want a raise every year, and so do minimum wage workers,” said Mendoza, who also works in the finance department of tech company Intel. “I support an increase, but it should be done annually and tied to an economic indicator, and then I think it would be very fair to employers, and workers could keep up with inflation.”\u003c/p>\n\u003cp>Mike Millares of The Showroom, an apparel store, said he also feels conflicted about the minimum wage proposal. He opened the shop in May and said, “Technically, we’re still starting.”\u003c/p>\n\u003cp>“I understand the need for a raise to minimum wage, but it makes me really not want to hire someone,” he said.\u003c/p>\n\u003cp>And while Marcus Sparks, 18, helped spread the word about the rallies in Sacramento, he will not participate in them because he will be earning minimum wage that day as a fry cook at a Sacramento-area McDonald’s.\u003c/p>\n\u003cp>Sparks will start college at American River College in the fall and he said he hopes to start his own clothing line one day. He said he supports efforts to increase the minimum wage because having more money in his pocket will help him pay for books, art supplies and food.\u003c/p>\n\u003cp>“My mother is struggling, and the reason I want to do better for myself is because I don’t want to have to depend on her,” he said.\u003c/p>\n\u003cp>Sparks said he would like to get a raise of about $2 per hour so he could earn $20,000 a year.\u003c/p>\n\u003cp>“I could pay more bills and not depend on others,” he said. “It would make it easier to live and to live comfortably.”\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"disqusTitle": "German Conglomerate to Buy Peet's for Almost $1 Billion",
"title": "German Conglomerate to Buy Peet's for Almost $1 Billion",
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"content": "\u003cfigure id=\"attachment_71154\" class=\"wp-caption alignleft\" style=\"max-width: 300px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/Peets.gif\">\u003cimg class=\"size-medium wp-image-71154\" title=\"Peets\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/Peets-300x187.gif\" alt=\"\" width=\"300\" height=\"187\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">The Original Peet's in North Berkeley. (Courtesy of Peet's Coffee & Tea).\u003c/figcaption>\u003c/figure>\n\u003cp>Emeryville-based Peet’s Coffee & Tea Inc. \u003ca href=\"http://investor.peets.com/releasedetail.cfm?ReleaseID=694136\" target=\"_blank\">announced today it's going private\u003c/a>. German conglomerate Joh. A. Benckiser is buying Peet's for $73.50 per share in cash, or a total of approximately $1 billion, according to Peet's website.\u003c/p>\n\u003cp>Last year, \u003ca href=\"http://www.kqed.org/a/kqednews/RN201103181004\" target=\"_blank\">we reported on rumors\u003c/a> that Seattle-based Starbucks might buy Peet's, much to the dismay of some loyal customers, like Alyssa Tomferd. She's been going to the original Peet’s in North Berkeley since she was a kid in the seventies.\u003c/p>\n\u003cp>\"It’s sentimental,\" Tomferd said last March. \"I mean, I’m always proud when I see Peet’s in other locations because I feel like it’s part of our local culture here. And I’d be bummed, I wouldn't come here any more if it was a Starbucks.\"\u003c/p>\n\u003cp>But not every regular customer was worried about Peet's future. Will Mason said it's just one chain buying another.\u003c/p>\n\u003cp>\"You can go to a Peet’s anywhere up and down the West Coast, it’s not like you’re gonna have some really idiosyncratic experience at any one of those stores,\" Mason said last March.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>Today's announcement didn't come as a surprise to Marcia Mogelonsky, Director of Insight at \u003ca href=\"http://foodanddrink.mintel.com/our-experts\" target=\"_blank\">Mintel Food and Drink\u003c/a>, an industry research firm based in Chicago. She told KQED's Joshua Johnson it's a red flag that “Peet’s was being threatened from someone and we can probably guess who that was.”\u003c/p>\n\u003cp>“What happened with Peet’s in the first quarter that might make it look like it needed protecting from--let’s be honest--Starbucks?” asked Johnson.\u003c/p>\n\u003cp>“Oh, you’re gonna say the S-word,\" said Mogelonsky. \"I think the main problem that Peet’s has is the main problem that everyone is having: commodity prices are expensive; coffee’s gotten expensive. But Peet’s, unlike Starbucks, doesn’t have the national reach. It’s not a stand-out brand nationally.\"\u003c!--more-->\u003c/p>\n\u003cp>Mogelonsky said Benckiser would be smart to push Peet's eastward.\u003c/p>\n\u003cp>“The East Coast is Starbucks saturated,\" she said. \"It really needs a new coffee player on the East Coast because people are tired of Starbucks--they’re really looking for something different.\"\u003c/p>\n\u003cp>Mogelonsky said Benckiser is also well-positioned to expand Peet's to Europe because it just bought \u003ca href=\"http://www.demasterblenders1753.com/en/\" target=\"_blank\">D.E. Master Blenders\u003c/a>, a well-regarded tea and coffee company in the Netherlands.\u003c/p>\n\u003cp>But as \u003ca href=\"http://www.latimes.com/business/money/la-fi-mo-peets-coffee-20120723,0,328841.story\" target=\"_blank\">the LA Times reports\u003c/a>, Benckiser is known more for its holdings in luxury and beauty companies than coffee.\u003c/p>\n\u003cblockquote>\u003cp>Benckiser owns a majority stake in Coty Inc., the maker of OPI nail polish and celebrity perfumes. Coty recently \u003ca href=\"http://articles.latimes.com/2012/may/15/business/la-fi-mo-avon-coty-20120515\" target=\"_blank\">abandoned its attempts\u003c/a> to buy beauty company \u003ca id=\"ORCRP001475\" title=\"Avon Products Incorporated\" href=\"http://www.latimes.com/topic/economy-business-finance/avon-products-incorporated-ORCRP001475.topic\">Avon Products\u003c/a> Inc. for $10.7 billion and said it instead plans to raise $700 million in an initial public offering.\u003c/p>\n\u003cp>Benckiser also owns Labelux, a luxury goods company with brands such as Jimmy Choo and Bally. The deal with Peet’s, which was unanimously approved by the coffee-maker’s board, is expected to close in about three months.\u003c/p>\u003c/blockquote>\n\u003cp>\u003ca href=\"http://investor.peets.com/releasedetail.cfm?ReleaseID=694136\" target=\"_blank\">In a press release\u003c/a>, the company said despite the sale, many things will stay the same.\u003c/p>\n\u003cblockquote>\u003cp>At the close of the transaction, Peet's will be privately owned and will continue to be operated by the company's current management team and employees. Peet's Coffee & Tea, founded in Berkeley, CA in 1966 by Alfred Peet, will remain based in the San Francisco Bay Area, with its home office in Emeryville and its LEED\u003csup>®\u003c/sup> (Leadership in Energy and Environmental Design) Gold Certified roast-to-order facility in Alameda.\u003c/p>\u003c/blockquote>\n\u003cp>Alfred Peet opened \u003ca href=\"http://www.peets.com/who_we_are/history_vine.asp\" target=\"_blank\">the original Peet's \u003c/a>on Walnut and Vine in North Berkeley. The chain has since expanded to six states including Colorado, Illinois, Massachusetts, Oregon and Washington.\u003c/p>\n\u003cp>\u003cstrong>Update 2 p.m. \u003c/strong>\u003cem>New Owner's Rodent Poison Lead to Complaints\u003c/em>\u003c/p>\n\u003cp>\"I've bought my last beans from Peet's,\" writes Kendra Armer on the \u003ca href=\"http://www.facebook.com/KQED/posts/329968440427187\">KQED Facebook page.\u003c/a> She and a few others are unhappy with Joh. A. Benckiser over a legal battle involving rodent poison.\u003c/p>\n\u003cp>According to the \u003ca href=\"http://online.wsj.com/article/BT-CO-20120723-707929.html\">Wall Street Journal\u003c/a>, Joh. A. Benckiser owns a stake in Reckitt Benckiser, among other companies. Reckitt Benckiser produces \u003ca href=\"http://www.d-conproducts.com/\">d-CON\u003c/a> and several other rodent poisons that the EPA has argued \u003ca href=\"http://www.epa.gov/oppsrrd1/reregistration/rodenticides/finalriskdecision.htm\">violate measures designed to reduce health risks\u003c/a>.\u003c/p>\n\u003cp>In 2010 \u003ca href=\"http://www.msnbc.msn.com/id/40722528/ns/us_news-environment/t/decades-epa-verge-curbing-use-rat-poisons/#.UA2_OTFWpms\">Reckitt Benckiser sued the EPA\u003c/a> to stop the enforcement of the measures and won, arguing that it \u003ca href=\"http://www.martindale.com/environmental-law/article_Keller-Heckman-LLP_1238572.htm\">had not been given a hearing before action was taken to enforce the measures\u003c/a>.\u003c/p>\n\u003cp>MSNBC quoted a pesticide lobbyist talking about the number of children exposed to rat poison in \u003ca href=\"http://www.msnbc.msn.com/id/40722528/ns/us_news-environment/t/decades-epa-verge-curbing-use-rat-poisons/#.UA3D5TFWpms\">its coverage of the lawsuit\u003c/a>:\u003c/p>\n\u003cblockquote>\u003cp>“You’re looking at very low numbers of exposures that (usually only) require observation,” said Karen Reardon, spokeswoman for a pesticide lobbying organization call Responsible Industry for a Sound Environment. “The benefits of the products are quite enormous, especially if you’re living in an environment where most people have exposure to rats.”\u003c/p>\u003c/blockquote>\n\u003cp>Some Bay Area residents seem to disagree.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\"I'm disappointed to lose (Peet's) Coffee from my life, but I cannot put a penny more into a corporation with that kind of audacious and criminal disregard for the wildlife of my state and country,\" wrote Allen Fish on the KQED Facebook page. \"Bye (Peet's) - you're hanging out with the wrong kind of people.\"\u003c/p>\n\n",
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"description": "Emeryville-based Peet’s Coffee & Tea Inc. announced today it's going private. German conglomerate Joh. A. Benckiser is buying Peet's for $73.50 per share in cash, or a total of approximately $1 billion, according to Peet's website. Last year, we reported on rumors that Seattle-based Starbucks might buy Peet's, much to the dismay of some loyal",
"title": "German Conglomerate to Buy Peet's for Almost $1 Billion | KQED",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cfigure id=\"attachment_71154\" class=\"wp-caption alignleft\" style=\"max-width: 300px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/Peets.gif\">\u003cimg class=\"size-medium wp-image-71154\" title=\"Peets\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/Peets-300x187.gif\" alt=\"\" width=\"300\" height=\"187\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">The Original Peet's in North Berkeley. (Courtesy of Peet's Coffee & Tea).\u003c/figcaption>\u003c/figure>\n\u003cp>Emeryville-based Peet’s Coffee & Tea Inc. \u003ca href=\"http://investor.peets.com/releasedetail.cfm?ReleaseID=694136\" target=\"_blank\">announced today it's going private\u003c/a>. German conglomerate Joh. A. Benckiser is buying Peet's for $73.50 per share in cash, or a total of approximately $1 billion, according to Peet's website.\u003c/p>\n\u003cp>Last year, \u003ca href=\"http://www.kqed.org/a/kqednews/RN201103181004\" target=\"_blank\">we reported on rumors\u003c/a> that Seattle-based Starbucks might buy Peet's, much to the dismay of some loyal customers, like Alyssa Tomferd. She's been going to the original Peet’s in North Berkeley since she was a kid in the seventies.\u003c/p>\n\u003cp>\"It’s sentimental,\" Tomferd said last March. \"I mean, I’m always proud when I see Peet’s in other locations because I feel like it’s part of our local culture here. And I’d be bummed, I wouldn't come here any more if it was a Starbucks.\"\u003c/p>\n\u003cp>But not every regular customer was worried about Peet's future. Will Mason said it's just one chain buying another.\u003c/p>\n\u003cp>\"You can go to a Peet’s anywhere up and down the West Coast, it’s not like you’re gonna have some really idiosyncratic experience at any one of those stores,\" Mason said last March.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>Today's announcement didn't come as a surprise to Marcia Mogelonsky, Director of Insight at \u003ca href=\"http://foodanddrink.mintel.com/our-experts\" target=\"_blank\">Mintel Food and Drink\u003c/a>, an industry research firm based in Chicago. She told KQED's Joshua Johnson it's a red flag that “Peet’s was being threatened from someone and we can probably guess who that was.”\u003c/p>\n\u003cp>“What happened with Peet’s in the first quarter that might make it look like it needed protecting from--let’s be honest--Starbucks?” asked Johnson.\u003c/p>\n\u003cp>“Oh, you’re gonna say the S-word,\" said Mogelonsky. \"I think the main problem that Peet’s has is the main problem that everyone is having: commodity prices are expensive; coffee’s gotten expensive. But Peet’s, unlike Starbucks, doesn’t have the national reach. It’s not a stand-out brand nationally.\"\u003c!--more-->\u003c/p>\n\u003cp>Mogelonsky said Benckiser would be smart to push Peet's eastward.\u003c/p>\n\u003cp>“The East Coast is Starbucks saturated,\" she said. \"It really needs a new coffee player on the East Coast because people are tired of Starbucks--they’re really looking for something different.\"\u003c/p>\n\u003cp>Mogelonsky said Benckiser is also well-positioned to expand Peet's to Europe because it just bought \u003ca href=\"http://www.demasterblenders1753.com/en/\" target=\"_blank\">D.E. Master Blenders\u003c/a>, a well-regarded tea and coffee company in the Netherlands.\u003c/p>\n\u003cp>But as \u003ca href=\"http://www.latimes.com/business/money/la-fi-mo-peets-coffee-20120723,0,328841.story\" target=\"_blank\">the LA Times reports\u003c/a>, Benckiser is known more for its holdings in luxury and beauty companies than coffee.\u003c/p>\n\u003cblockquote>\u003cp>Benckiser owns a majority stake in Coty Inc., the maker of OPI nail polish and celebrity perfumes. Coty recently \u003ca href=\"http://articles.latimes.com/2012/may/15/business/la-fi-mo-avon-coty-20120515\" target=\"_blank\">abandoned its attempts\u003c/a> to buy beauty company \u003ca id=\"ORCRP001475\" title=\"Avon Products Incorporated\" href=\"http://www.latimes.com/topic/economy-business-finance/avon-products-incorporated-ORCRP001475.topic\">Avon Products\u003c/a> Inc. for $10.7 billion and said it instead plans to raise $700 million in an initial public offering.\u003c/p>\n\u003cp>Benckiser also owns Labelux, a luxury goods company with brands such as Jimmy Choo and Bally. The deal with Peet’s, which was unanimously approved by the coffee-maker’s board, is expected to close in about three months.\u003c/p>\u003c/blockquote>\n\u003cp>\u003ca href=\"http://investor.peets.com/releasedetail.cfm?ReleaseID=694136\" target=\"_blank\">In a press release\u003c/a>, the company said despite the sale, many things will stay the same.\u003c/p>\n\u003cblockquote>\u003cp>At the close of the transaction, Peet's will be privately owned and will continue to be operated by the company's current management team and employees. Peet's Coffee & Tea, founded in Berkeley, CA in 1966 by Alfred Peet, will remain based in the San Francisco Bay Area, with its home office in Emeryville and its LEED\u003csup>®\u003c/sup> (Leadership in Energy and Environmental Design) Gold Certified roast-to-order facility in Alameda.\u003c/p>\u003c/blockquote>\n\u003cp>Alfred Peet opened \u003ca href=\"http://www.peets.com/who_we_are/history_vine.asp\" target=\"_blank\">the original Peet's \u003c/a>on Walnut and Vine in North Berkeley. The chain has since expanded to six states including Colorado, Illinois, Massachusetts, Oregon and Washington.\u003c/p>\n\u003cp>\u003cstrong>Update 2 p.m. \u003c/strong>\u003cem>New Owner's Rodent Poison Lead to Complaints\u003c/em>\u003c/p>\n\u003cp>\"I've bought my last beans from Peet's,\" writes Kendra Armer on the \u003ca href=\"http://www.facebook.com/KQED/posts/329968440427187\">KQED Facebook page.\u003c/a> She and a few others are unhappy with Joh. A. Benckiser over a legal battle involving rodent poison.\u003c/p>\n\u003cp>According to the \u003ca href=\"http://online.wsj.com/article/BT-CO-20120723-707929.html\">Wall Street Journal\u003c/a>, Joh. A. Benckiser owns a stake in Reckitt Benckiser, among other companies. Reckitt Benckiser produces \u003ca href=\"http://www.d-conproducts.com/\">d-CON\u003c/a> and several other rodent poisons that the EPA has argued \u003ca href=\"http://www.epa.gov/oppsrrd1/reregistration/rodenticides/finalriskdecision.htm\">violate measures designed to reduce health risks\u003c/a>.\u003c/p>\n\u003cp>In 2010 \u003ca href=\"http://www.msnbc.msn.com/id/40722528/ns/us_news-environment/t/decades-epa-verge-curbing-use-rat-poisons/#.UA2_OTFWpms\">Reckitt Benckiser sued the EPA\u003c/a> to stop the enforcement of the measures and won, arguing that it \u003ca href=\"http://www.martindale.com/environmental-law/article_Keller-Heckman-LLP_1238572.htm\">had not been given a hearing before action was taken to enforce the measures\u003c/a>.\u003c/p>\n\u003cp>MSNBC quoted a pesticide lobbyist talking about the number of children exposed to rat poison in \u003ca href=\"http://www.msnbc.msn.com/id/40722528/ns/us_news-environment/t/decades-epa-verge-curbing-use-rat-poisons/#.UA3D5TFWpms\">its coverage of the lawsuit\u003c/a>:\u003c/p>\n\u003cblockquote>\u003cp>“You’re looking at very low numbers of exposures that (usually only) require observation,” said Karen Reardon, spokeswoman for a pesticide lobbying organization call Responsible Industry for a Sound Environment. “The benefits of the products are quite enormous, especially if you’re living in an environment where most people have exposure to rats.”\u003c/p>\u003c/blockquote>\n\u003cp>Some Bay Area residents seem to disagree.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\"I'm disappointed to lose (Peet's) Coffee from my life, but I cannot put a penny more into a corporation with that kind of audacious and criminal disregard for the wildlife of my state and country,\" wrote Allen Fish on the KQED Facebook page. \"Bye (Peet's) - you're hanging out with the wrong kind of people.\"\u003c/p>\n\n\u003c/div>\u003c/p>",
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"disqusTitle": "'Green' homes sell for 9 percent more, study says",
"title": "'Green' homes sell for 9 percent more, study says",
"headTitle": "News Fix | KQED News",
"content": "\u003cp>by Anika Anand, \u003ca href=\"http://californiawatch.org/dailyreport/green-homes-sell-9-percent-more-study-says-17199\" target=\"_blank\">California Watch\u003c/a>\u003c/p>\n\u003cfigure id=\"attachment_71134\" class=\"wp-caption alignleft\" style=\"max-width: 300px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/145893206.jpg\">\u003cimg class=\"size-medium wp-image-71134\" title=\"Long Term Mortgage Rates Fall To Historic Lows\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/145893206-300x188.jpg\" alt=\"\" width=\"300\" height=\"188\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">A ''sale pending'' sign is posted in front of a home in San Francisco, California. (Justin Sullivan/Getty Images)\u003c/figcaption>\u003c/figure>\n\u003cp>California homes that meet environmental standards, such as energy efficiency and proximity to public transportation, are selling at higher prices than homes that don't, according to \u003ca href=\"http://www.nilskok.com/2012/07/greenhomes.html\">a new report\u003c/a>.\u003c/p>\n\u003cp>The study, conducted by researchers at UC Berkeley and UCLA, looked at homes that were labeled green by LEED, GreenPoint Rated and Energy Star – rating systems that give green label certifications to homes. To be certified, each rating system has a list of criteria homes must meet, including well-insulated ceilings and walls and energy-efficient lighting.\u003c/p>\n\u003cp>\"This is the first systematic evidence of the financial value of green label homes as measured in the marketplace,\" said one of the study’s researchers, Nils Kok, a visiting professor at UC Berkeley. \"Green labels seem to inform and influence the opinions of consumers.\"\u003c/p>\n\u003cp>A green label increased the selling price of a single-family home by an average of 9 percent compared with nongreen label homes. Researchers controlled the data for the age, location and size of the home so that all homes were comparable\u003cstrong>.\u003c/strong> They studied data from all of the 1.6 million green label homes sold in the state in the past five years.\u003c!--more-->\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>Based on the average California home price of $400,000, a green label increased the value of a home by an average of $34,800.\u003c/p>\n\u003cp>Consumers value green label homes because of the increasing cost of keeping a home cool, the report said.\u003c/p>\n\u003cp>\"The value of a green home will be higher in a hotter area like the Central Valley than a more moderate area like Santa Cruz,\" Kok said. “It seems like consumers are rational or quite smart in pricing in this value and the benefits of a more efficient home.\"\u003c/p>\n\u003cp>Another reason the price of green homes is increasing is because of an increased awareness of the “going green” ideology, the report released Thursday said.\u003c/p>\n\u003cp>Researchers calculated the number of hybrid car registrations in different areas across the state. Where there were more hybrid car registrations, people paid more for green homes. The report termed this the “Prius effect.\"\u003c/p>\n\u003cp>Real estate agent Heather Leikin, who mostly works in west Los Angeles, said her clientele for green homes is usually \"hipper, more forward-thinking people\" and younger families who are concerned about the health of their children.\u003c/p>\n\u003cp>\"They don't want leaky air ducts that are going to get dust in their children's lungs and things like that,\" she said. \"They want a higher quality of life for their family.\"\u003c/p>\n\u003cp>Leikin sells both green and nongreen homes, but often she'll encourage buyers who are in the market for a nongreen home to make green upgrades.\u003c/p>\n\u003cp>\"I generally sell it to them by saying, 'Listen, you need to do these upgrades anyway, and you can get green credits back through state programs and local programs … and us marketing the property as green will also get you more money and get it sold in a faster period of time,' \" she said.\u003c/p>\n\u003cp>Green home updates can include installing insulation with 30 percent post-consumer recycled content, high-efficiency toilets with dual-flush, an energy-efficient heating, cooling and ventilation system (HVAC) and solar panels.\u003c/p>\n\u003cp>If a homeowner is making green updates from scratch, the most basic green renovations cost on average about $10,000, said Janine Kubert with Build It Green, a nonprofit that promotes energy- and resource-efficient homes in California\u003cstrong>. \u003c/strong>The organization launched GreenPoint Rated, its own green home rating system, in 2006 and has since green label certified a little more than 13,000 single and multi-family homes.\u003c/p>\n\u003cp>Because there are many homebuilders and homeowners claiming their homes are green in one way or another, it's important to have third-party rating systems that prove the label means something, Kubert said.\u003c/p>\n\u003cp>Green labels are given when construction is completed and currently there isn't a system that checks on the maintenance and upkeep of a green home, said Nathan Krantz, director of technical services at Build It Green.\u003c/p>\n\u003cp>\"That's probably the next wave of influence,\" Krantz said. \"Right now, homeowners just want to know if there's a green label at all. … That will be a more sophisticated buyer at that point. I feel like we're still a ways from that being an issue.\"\u003c/p>\n\u003cp>Still, potential buyers should ask when a green label was given, Kubert said. \"A home that was rated more recently has a better guarantee of being green.\"\u003c/p>\n\u003cp>Kok said in his study he did find that the more recently labeled green homes seem to have gone up in value relative to the beginning of the sample period.\u003c/p>\n\u003cp>\"It might be various reasons,” he said. “Maybe brand recognition or slowly the market is picking up and buyers are taking these features more into account.”\u003c/p>\n\u003cp>Besides energy savings, there are other benefits of owning a green home, Kok said.\u003c/p>\n\u003cp>Ian MacLeod, an architect who upgraded his Albany home to meet green standards a few years ago, can attest to those benefits. While he appreciates that his monthly electricity bill ranges from $4 to $15 a month, he said he gets great satisfaction from saving energy and living green. Also, his house is comfortable to live in.\u003c/p>\n\u003cp>\"It's not drafty, there aren't big temperature swings. You're just getting a better experience,\" he said.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003cem>Anika Anand is a contributor to \u003ca href=\"http://californiawatch.org/\" target=\"_blank\">California Watch\u003c/a>.\u003c/em>\u003c/p>\n\n",
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"description": "by Anika Anand, California Watch California homes that meet environmental standards, such as energy efficiency and proximity to public transportation, are selling at higher prices than homes that don't, according to a new report. The study, conducted by researchers at UC Berkeley and UCLA, looked at homes that were labeled green by LEED, GreenPoint Rated and Energy Star – rating",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>by Anika Anand, \u003ca href=\"http://californiawatch.org/dailyreport/green-homes-sell-9-percent-more-study-says-17199\" target=\"_blank\">California Watch\u003c/a>\u003c/p>\n\u003cfigure id=\"attachment_71134\" class=\"wp-caption alignleft\" style=\"max-width: 300px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/145893206.jpg\">\u003cimg class=\"size-medium wp-image-71134\" title=\"Long Term Mortgage Rates Fall To Historic Lows\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/145893206-300x188.jpg\" alt=\"\" width=\"300\" height=\"188\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">A ''sale pending'' sign is posted in front of a home in San Francisco, California. (Justin Sullivan/Getty Images)\u003c/figcaption>\u003c/figure>\n\u003cp>California homes that meet environmental standards, such as energy efficiency and proximity to public transportation, are selling at higher prices than homes that don't, according to \u003ca href=\"http://www.nilskok.com/2012/07/greenhomes.html\">a new report\u003c/a>.\u003c/p>\n\u003cp>The study, conducted by researchers at UC Berkeley and UCLA, looked at homes that were labeled green by LEED, GreenPoint Rated and Energy Star – rating systems that give green label certifications to homes. To be certified, each rating system has a list of criteria homes must meet, including well-insulated ceilings and walls and energy-efficient lighting.\u003c/p>\n\u003cp>\"This is the first systematic evidence of the financial value of green label homes as measured in the marketplace,\" said one of the study’s researchers, Nils Kok, a visiting professor at UC Berkeley. \"Green labels seem to inform and influence the opinions of consumers.\"\u003c/p>\n\u003cp>A green label increased the selling price of a single-family home by an average of 9 percent compared with nongreen label homes. Researchers controlled the data for the age, location and size of the home so that all homes were comparable\u003cstrong>.\u003c/strong> They studied data from all of the 1.6 million green label homes sold in the state in the past five years.\u003c!--more-->\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>Based on the average California home price of $400,000, a green label increased the value of a home by an average of $34,800.\u003c/p>\n\u003cp>Consumers value green label homes because of the increasing cost of keeping a home cool, the report said.\u003c/p>\n\u003cp>\"The value of a green home will be higher in a hotter area like the Central Valley than a more moderate area like Santa Cruz,\" Kok said. “It seems like consumers are rational or quite smart in pricing in this value and the benefits of a more efficient home.\"\u003c/p>\n\u003cp>Another reason the price of green homes is increasing is because of an increased awareness of the “going green” ideology, the report released Thursday said.\u003c/p>\n\u003cp>Researchers calculated the number of hybrid car registrations in different areas across the state. Where there were more hybrid car registrations, people paid more for green homes. The report termed this the “Prius effect.\"\u003c/p>\n\u003cp>Real estate agent Heather Leikin, who mostly works in west Los Angeles, said her clientele for green homes is usually \"hipper, more forward-thinking people\" and younger families who are concerned about the health of their children.\u003c/p>\n\u003cp>\"They don't want leaky air ducts that are going to get dust in their children's lungs and things like that,\" she said. \"They want a higher quality of life for their family.\"\u003c/p>\n\u003cp>Leikin sells both green and nongreen homes, but often she'll encourage buyers who are in the market for a nongreen home to make green upgrades.\u003c/p>\n\u003cp>\"I generally sell it to them by saying, 'Listen, you need to do these upgrades anyway, and you can get green credits back through state programs and local programs … and us marketing the property as green will also get you more money and get it sold in a faster period of time,' \" she said.\u003c/p>\n\u003cp>Green home updates can include installing insulation with 30 percent post-consumer recycled content, high-efficiency toilets with dual-flush, an energy-efficient heating, cooling and ventilation system (HVAC) and solar panels.\u003c/p>\n\u003cp>If a homeowner is making green updates from scratch, the most basic green renovations cost on average about $10,000, said Janine Kubert with Build It Green, a nonprofit that promotes energy- and resource-efficient homes in California\u003cstrong>. \u003c/strong>The organization launched GreenPoint Rated, its own green home rating system, in 2006 and has since green label certified a little more than 13,000 single and multi-family homes.\u003c/p>\n\u003cp>Because there are many homebuilders and homeowners claiming their homes are green in one way or another, it's important to have third-party rating systems that prove the label means something, Kubert said.\u003c/p>\n\u003cp>Green labels are given when construction is completed and currently there isn't a system that checks on the maintenance and upkeep of a green home, said Nathan Krantz, director of technical services at Build It Green.\u003c/p>\n\u003cp>\"That's probably the next wave of influence,\" Krantz said. \"Right now, homeowners just want to know if there's a green label at all. … That will be a more sophisticated buyer at that point. I feel like we're still a ways from that being an issue.\"\u003c/p>\n\u003cp>Still, potential buyers should ask when a green label was given, Kubert said. \"A home that was rated more recently has a better guarantee of being green.\"\u003c/p>\n\u003cp>Kok said in his study he did find that the more recently labeled green homes seem to have gone up in value relative to the beginning of the sample period.\u003c/p>\n\u003cp>\"It might be various reasons,” he said. “Maybe brand recognition or slowly the market is picking up and buyers are taking these features more into account.”\u003c/p>\n\u003cp>Besides energy savings, there are other benefits of owning a green home, Kok said.\u003c/p>\n\u003cp>Ian MacLeod, an architect who upgraded his Albany home to meet green standards a few years ago, can attest to those benefits. While he appreciates that his monthly electricity bill ranges from $4 to $15 a month, he said he gets great satisfaction from saving energy and living green. Also, his house is comfortable to live in.\u003c/p>\n\u003cp>\"It's not drafty, there aren't big temperature swings. You're just getting a better experience,\" he said.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003cem>Anika Anand is a contributor to \u003ca href=\"http://californiawatch.org/\" target=\"_blank\">California Watch\u003c/a>.\u003c/em>\u003c/p>\n\n\u003c/div>\u003c/p>",
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"disqusTitle": "10 Memorable Leaked Quotes From Yahoo! Internal Memos",
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"content": "\u003cfigure id=\"attachment_70401\" class=\"wp-caption alignleft\" style=\"max-width: 300px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/103915686.jpg\">\u003cimg class=\"size-medium wp-image-70401\" title=\"Marissa Ann Mayer\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/103915686-300x202.jpg\" alt=\"\" width=\"300\" height=\"202\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Getty Images/Justin Sullivan\u003c/figcaption>\u003c/figure>\n\u003cp>\"You are doing important work. Please don’t stop.\" That's new Yahoo! CEO Marissa Mayer, \u003ca href=\"http://www.pcmag.com/article2/0,2817,2407415,00.asp\">in her first memo to employees Thursday\u003c/a>. Sure, that might sound like an odd message for a company that has \u003ca href=\"http://stream.marketwatch.com/story/the-facebook-ipo/SS-4-1615/SS-4-7530/\">lost half its stock value over the past seven years\u003c/a>. But if you've been following the years-long Yahoo! drama, you know that it's not unusual for the company's leaders to tell employees that they should keep on truckin':\u003c/p>\n\u003cp>\"(Staying) true to who we are has helped us pull through the recent uncertainty we've faced, and will continue to be an asset as we move ahead,\" cofounder Jerry Yang \u003ca href=\"http://news.cnet.com/8301-10784_3-9935633-7.html\">wrote to employees in 2008\u003c/a>. In a \u003ca href=\"http://allthingsd.com/20110923/yahoos-dueling-internal-memos-board-followed-by-ceo-spam-employees-in-race-to-explain/\">joint 2011 email\u003c/a>, Yang, cofounder David Filo and Chairman Roy Bostock told employees, \"You are instrumental to the success of our business — we can’t do it without you.\"\u003c/p>\n\u003cp>Of course, Yang and his fellow Yahexcutives most likely knew they weren't just writing to their staff. It's become commonplace for Yahoo! memos to be leaked. Mayer's memo - marked \"Privileged and confidential\" - was out and about on the web by the end of the day. \u003c!--more-->These leaked memos and emails provide an interesting look at the business behind what remains one of the web's most popular destinations, which nonetheless has seen decreasing revenue and an accompanying revolving door in the executive ranks. Here are 10 memorable quotes from that correspondence, listed chronologically:\u003c/p>\n\u003cp>1. \"...we’ve identified many areas that we all feel we can improve upon. our productivity efforts, based in part on what we heard from you, will involve initiatives such as streamlining our organizational structure through reducing layers and increasing spans of control, and eliminating redundancies\"\u003c/p>\n\u003cp>--Yahoo! cofounder and then-CEO Jerry Yang, announcing layoffs, \u003ca href=\"http://allthingsd.com/20081021/jerry-yangs-complete-memo-to-the-yahoo-troops-about-layoffs/\">October 2008\u003c/a>\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>2. \"...we believe the time is now right to transition to a new ceo who can take the company to the next level,\" Yang, stepping down as CEO, \u003ca href=\"http://allthingsd.com/20081117/jerry-yangs-entire-memo-to-his-employees-on-stepping-down-as-ceo/\">November 2008\u003c/a>\u003c/p>\n\u003cp>3. \"(From) the beginning of this process, our independent board and leadership team have maintained that microsoft's offer undervalues the company, and we're pleased that many of our shareholders agreed with us\"\u003c/p>\n\u003cp>--Jerry Yang, after Microsoft withdrew its offer to acquire Yahoo!, \u003ca href=\"http://news.cnet.com/8301-10784_3-9935633-7.html\">May 2008\u003c/a>.\u003c/p>\n\u003cp>4. \"I am very sad to tell you that I’ve just been fired over the phone by Yahoo’s Chairman of the Board\"\u003c/p>\n\u003cp>--former CEO Carol Bartz on her firing, \u003ca href=\"http://mashable.com/2011/09/06/carol-bartz-fired/\">September 2011\u003c/a>.\u003c/p>\n\u003cp>5. \"...they are fielding inquiries from multiple parties that have already expressed interest in a number of potential options\"\u003c/p>\n\u003cp>--Yang, announcing that the company was for sale, \u003ca href=\"http://www.businessinsider.com/leaked-memo-jerry-yang-just-told-yahoos-the-board-is-talking-to-potential-buyers-2011-9#ixzz21Bdqr7Rf\">September 2011\u003c/a>.\u003c/p>\n\u003cp>6. \"It’s time for Yahoo! to move forward, and fast,\"\u003c/p>\n\u003cp>--New CEO Scott Thompson, \u003ca href=\"http://allthingsd.com/20120410/its-official-yahoo-reorgs-itself-just-like-we-said-memo-time/\">April 2012\u003c/a>\u003c/p>\n\u003cp>7. \" [W]e were...informed by Stonehill College that Mr. Thompson did indeed graduate with a degree in accounting only. Furthermore, Stonehill College informed us that it did not begin awarding computer science degrees until 1983 — four years after Mr. Thompson graduated.\"\u003c/p>\n\u003cp>--Shareholder Dan Loeb, questioning Thompson's credentials in a letter to the Yahoo! board, \u003ca href=\"http://allthingsd.com/20120503/dan-loeb-alleges-discrepancies-on-yahoo-ceo-scott-thompsons-resume-related-to-computer-science-degree/\">May, 2012\u003c/a>.\u003c/p>\n\u003cp>8. \"I’m doing what I hope all of you are doing — staying focused on our customers, our shareholders, our team and moving Yahoo! forward, fast\"\u003c/p>\n\u003cp>--Thompson, responding to the controversy over his credentials, \u003ca href=\"http://allthingsd.com/20120504/yahoos-thompson-speaks-asks-employees-to-stay-focused-except-not-on-him-memo/\">May 2012\u003c/a>.\u003c/p>\n\u003cp>9. \"..I want you to know how deeply I regret how this issue has affected the company and all of you. We have all been working very hard to move the company forward, and this has had the opposite effect\"\u003c/p>\n\u003cp>--Thompson, apologizing to employees for the controversy over his credentials, \u003ca href=\"http://dealbook.nytimes.com/2012/05/07/yahoos-chief-apologizes-to-staff/\">May 2012\u003c/a>\u003c/p>\n\u003cp>10. \"Your last day of work with the Company and your employment termination date was May 12, 2012\"\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>--Yahoo separation agreement with Thompson, \u003ca href=\"http://allthingsd.com/20120514/heres-yahoos-official-parting-with-thompson-over-resumess/\">May 2012\u003c/a>.\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cfigure id=\"attachment_70401\" class=\"wp-caption alignleft\" style=\"max-width: 300px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/103915686.jpg\">\u003cimg class=\"size-medium wp-image-70401\" title=\"Marissa Ann Mayer\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/103915686-300x202.jpg\" alt=\"\" width=\"300\" height=\"202\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Getty Images/Justin Sullivan\u003c/figcaption>\u003c/figure>\n\u003cp>\"You are doing important work. Please don’t stop.\" That's new Yahoo! CEO Marissa Mayer, \u003ca href=\"http://www.pcmag.com/article2/0,2817,2407415,00.asp\">in her first memo to employees Thursday\u003c/a>. Sure, that might sound like an odd message for a company that has \u003ca href=\"http://stream.marketwatch.com/story/the-facebook-ipo/SS-4-1615/SS-4-7530/\">lost half its stock value over the past seven years\u003c/a>. But if you've been following the years-long Yahoo! drama, you know that it's not unusual for the company's leaders to tell employees that they should keep on truckin':\u003c/p>\n\u003cp>\"(Staying) true to who we are has helped us pull through the recent uncertainty we've faced, and will continue to be an asset as we move ahead,\" cofounder Jerry Yang \u003ca href=\"http://news.cnet.com/8301-10784_3-9935633-7.html\">wrote to employees in 2008\u003c/a>. In a \u003ca href=\"http://allthingsd.com/20110923/yahoos-dueling-internal-memos-board-followed-by-ceo-spam-employees-in-race-to-explain/\">joint 2011 email\u003c/a>, Yang, cofounder David Filo and Chairman Roy Bostock told employees, \"You are instrumental to the success of our business — we can’t do it without you.\"\u003c/p>\n\u003cp>Of course, Yang and his fellow Yahexcutives most likely knew they weren't just writing to their staff. It's become commonplace for Yahoo! memos to be leaked. Mayer's memo - marked \"Privileged and confidential\" - was out and about on the web by the end of the day. \u003c!--more-->These leaked memos and emails provide an interesting look at the business behind what remains one of the web's most popular destinations, which nonetheless has seen decreasing revenue and an accompanying revolving door in the executive ranks. Here are 10 memorable quotes from that correspondence, listed chronologically:\u003c/p>\n\u003cp>1. \"...we’ve identified many areas that we all feel we can improve upon. our productivity efforts, based in part on what we heard from you, will involve initiatives such as streamlining our organizational structure through reducing layers and increasing spans of control, and eliminating redundancies\"\u003c/p>\n\u003cp>--Yahoo! cofounder and then-CEO Jerry Yang, announcing layoffs, \u003ca href=\"http://allthingsd.com/20081021/jerry-yangs-complete-memo-to-the-yahoo-troops-about-layoffs/\">October 2008\u003c/a>\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>2. \"...we believe the time is now right to transition to a new ceo who can take the company to the next level,\" Yang, stepping down as CEO, \u003ca href=\"http://allthingsd.com/20081117/jerry-yangs-entire-memo-to-his-employees-on-stepping-down-as-ceo/\">November 2008\u003c/a>\u003c/p>\n\u003cp>3. \"(From) the beginning of this process, our independent board and leadership team have maintained that microsoft's offer undervalues the company, and we're pleased that many of our shareholders agreed with us\"\u003c/p>\n\u003cp>--Jerry Yang, after Microsoft withdrew its offer to acquire Yahoo!, \u003ca href=\"http://news.cnet.com/8301-10784_3-9935633-7.html\">May 2008\u003c/a>.\u003c/p>\n\u003cp>4. \"I am very sad to tell you that I’ve just been fired over the phone by Yahoo’s Chairman of the Board\"\u003c/p>\n\u003cp>--former CEO Carol Bartz on her firing, \u003ca href=\"http://mashable.com/2011/09/06/carol-bartz-fired/\">September 2011\u003c/a>.\u003c/p>\n\u003cp>5. \"...they are fielding inquiries from multiple parties that have already expressed interest in a number of potential options\"\u003c/p>\n\u003cp>--Yang, announcing that the company was for sale, \u003ca href=\"http://www.businessinsider.com/leaked-memo-jerry-yang-just-told-yahoos-the-board-is-talking-to-potential-buyers-2011-9#ixzz21Bdqr7Rf\">September 2011\u003c/a>.\u003c/p>\n\u003cp>6. \"It’s time for Yahoo! to move forward, and fast,\"\u003c/p>\n\u003cp>--New CEO Scott Thompson, \u003ca href=\"http://allthingsd.com/20120410/its-official-yahoo-reorgs-itself-just-like-we-said-memo-time/\">April 2012\u003c/a>\u003c/p>\n\u003cp>7. \" [W]e were...informed by Stonehill College that Mr. Thompson did indeed graduate with a degree in accounting only. Furthermore, Stonehill College informed us that it did not begin awarding computer science degrees until 1983 — four years after Mr. Thompson graduated.\"\u003c/p>\n\u003cp>--Shareholder Dan Loeb, questioning Thompson's credentials in a letter to the Yahoo! board, \u003ca href=\"http://allthingsd.com/20120503/dan-loeb-alleges-discrepancies-on-yahoo-ceo-scott-thompsons-resume-related-to-computer-science-degree/\">May, 2012\u003c/a>.\u003c/p>\n\u003cp>8. \"I’m doing what I hope all of you are doing — staying focused on our customers, our shareholders, our team and moving Yahoo! forward, fast\"\u003c/p>\n\u003cp>--Thompson, responding to the controversy over his credentials, \u003ca href=\"http://allthingsd.com/20120504/yahoos-thompson-speaks-asks-employees-to-stay-focused-except-not-on-him-memo/\">May 2012\u003c/a>.\u003c/p>\n\u003cp>9. \"..I want you to know how deeply I regret how this issue has affected the company and all of you. We have all been working very hard to move the company forward, and this has had the opposite effect\"\u003c/p>\n\u003cp>--Thompson, apologizing to employees for the controversy over his credentials, \u003ca href=\"http://dealbook.nytimes.com/2012/05/07/yahoos-chief-apologizes-to-staff/\">May 2012\u003c/a>\u003c/p>\n\u003cp>10. \"Your last day of work with the Company and your employment termination date was May 12, 2012\"\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>--Yahoo separation agreement with Thompson, \u003ca href=\"http://allthingsd.com/20120514/heres-yahoos-official-parting-with-thompson-over-resumess/\">May 2012\u003c/a>.\u003c/p>\n\n\u003c/div>\u003c/p>",
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"content": "\u003cfigure id=\"attachment_68627\" class=\"wp-caption alignleft\" style=\"max-width: 258px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/06/StocktonSign0422.jpg\">\u003cimg class=\"size-medium wp-image-68627\" title=\"Stockton, CA Leads Nation In Rate Of Foreclosures\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/06/StocktonSign0422-300x200.jpg\" alt=\"\" width=\"258\" height=\"172\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">(Photo by Justin Sullivan/Getty Images)\u003c/figcaption>\u003c/figure>\n\u003cp>The Stockton City Council is assuring residents they won't see a significant difference in services as a result of of the bankruptcy filing.\u003c/p>\n\u003cp>In a joint open letter to the community, the council and mayor write, \"in order to protect our City and our modest level of services, this council had no other choice but to file for bankruptcy relief.\"\u003c/p>\n\u003cp>But, the letter continues, \"In bankruptcy, there will be impacts on our retirees, employees, and financial creditors. Commitments were made to employees in the 1990s, such as free lifetime healthcare for a retiree and dependent, but no funding for these benefits was ever identified or set aside. The problem has been ignored for so long, and grown so huge, and the City no longer has the money to pay for these benefits.\"\u003c/p>\n\u003cp>The next council meeting is Tues. July 24th at 5:30 p.m.\u003c/p>\n\u003cp>\u003ca title=\"View Stockton City Officials' Open Letter on Bankruptcy on Scribd\" href=\"http://www.scribd.com/doc/100640644/Stockton-City-Officials-Open-Letter-on-Bankruptcy\">Stockton City Officials' Open Letter on Bankruptcy\u003c/a>\u003ciframe src=\"http://www.scribd.com/embeds/100640644/content?start_page=1&view_mode=list&access_key=key-19gxd0tvh21gltjlz83c\" frameborder=\"0\" scrolling=\"no\" width=\"640\" height=\"853\">\u003c/iframe>\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\u003cp>\u003c/p>\n",
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"content": "\u003cp>On Wednesday I was in Sacramento talking to state workers and others about public employee pensions and calls for reforming the system when I stumbled upon a group of 75 or so California Public Employees’ Retirement System (CalPERS) employees in the middle of a “team-building” baseball game and picnic in Sacramento’s Land Park. \u003c/p>\n\u003cp>It was the middle of a work day, and when the participants realized a reporter was in their midst, well let’s just say there was a lot of uneaten potato salad as chairs were quickly folded up and the players scattered. You can’t blame them for not wanting to talk about the game. State employees – all employees really – are trained to refer media queries to the professionals. \u003c/p>\n\u003cp>One worker, however, did tell me they were on “work time,” which might be construed as being on the taxpayers’ dime. So later I asked CalPERS media rep Brad Pacheco if it didn’t look bad – given all the layoffs and budget cuts at all levels of government, not to mention the economic suffering of so many in California – for state workers to be high-fiving at a ball game and picnic in the middle of a work day. \u003c!--more-->\u003c/p>\n\u003cp>“This was not paid for by the system,\" he said. \"It was their lunch hour plus administrative time granted by managers to recognize the division’s achievements.” Pacheco said these accomplishments include a pilot project resulting in 95% of the office supplies for their division being purchased by small businesses, and the introduction of a smaller envelope that saved CalPERS money on postage.\u003c/p>\n\u003cp>As for the mid-day time off, Pacheco was unapologetic. “It’s sad that the focus on public employees has come to the point where we have to defend a two-hour recognition picnic that occurs once a year.\" Pacheco noted that these workers were support staff -- folks who operate the mail room, copy documents, etc. -- not portfolio managers.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>Speaking of those portfolio managers – hopefully they were back in the office. On Monday CalPERS reported a paltry 1 percent return on investments in the fiscal year ending June 30. The weak performance of the $234 billion portfolio is terrible news for state and local governments already struggling to maintain their contributions to employee retirement funds.\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>On Wednesday I was in Sacramento talking to state workers and others about public employee pensions and calls for reforming the system when I stumbled upon a group of 75 or so California Public Employees’ Retirement System (CalPERS) employees in the middle of a “team-building” baseball game and picnic in Sacramento’s Land Park. \u003c/p>\n\u003cp>It was the middle of a work day, and when the participants realized a reporter was in their midst, well let’s just say there was a lot of uneaten potato salad as chairs were quickly folded up and the players scattered. You can’t blame them for not wanting to talk about the game. State employees – all employees really – are trained to refer media queries to the professionals. \u003c/p>\n\u003cp>One worker, however, did tell me they were on “work time,” which might be construed as being on the taxpayers’ dime. So later I asked CalPERS media rep Brad Pacheco if it didn’t look bad – given all the layoffs and budget cuts at all levels of government, not to mention the economic suffering of so many in California – for state workers to be high-fiving at a ball game and picnic in the middle of a work day. \u003c!--more-->\u003c/p>\n\u003cp>“This was not paid for by the system,\" he said. \"It was their lunch hour plus administrative time granted by managers to recognize the division’s achievements.” Pacheco said these accomplishments include a pilot project resulting in 95% of the office supplies for their division being purchased by small businesses, and the introduction of a smaller envelope that saved CalPERS money on postage.\u003c/p>\n\u003cp>As for the mid-day time off, Pacheco was unapologetic. “It’s sad that the focus on public employees has come to the point where we have to defend a two-hour recognition picnic that occurs once a year.\" Pacheco noted that these workers were support staff -- folks who operate the mail room, copy documents, etc. -- not portfolio managers.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>Speaking of those portfolio managers – hopefully they were back in the office. On Monday CalPERS reported a paltry 1 percent return on investments in the fiscal year ending June 30. The weak performance of the $234 billion portfolio is terrible news for state and local governments already struggling to maintain their contributions to employee retirement funds.\u003c/p>\n\n\u003c/div>\u003c/p>",
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"disqusTitle": "Controversial Mortgage Bailout Plan Relies on Eminent Domain Seizures ",
"title": "Controversial Mortgage Bailout Plan Relies on Eminent Domain Seizures ",
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"content": "\u003cp>\u003cstrong>By Matt Smith, \u003ca href=\"http://www.baycitizen.org/housing/story/mortgage-bailout-proposal-san-francisco/\">The Bay Citizen\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>Former San Francisco Mayor Willie Brown and a longtime business partner are among investors in a company drawing criticism for working with local government officials to take over and discount underwater mortgages.\u003c/p>\n\u003cp>\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/BayCitizenLogo1.png\">\u003cimg class=\"alignleft size-full wp-image-69874\" title=\"BayCitizenLogo\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/BayCitizenLogo1.png\" alt=\"\" width=\"218\" height=\"74\">\u003c/a>The plan gained impetus last month, when officials in San Bernardino County formed a joint powers authority to consider a proposal from San Francisco-based \u003ca href=\"http://mortgageresolutionpartners.com/\">Mortgage Resolution Partners\u003c/a> for local governments to use their powers of eminent domain to seize underwater mortgages.\u003c/p>\n\u003cp>The company would raise capital to buy the mortgages from lenders at their depressed market price, perhaps less than half their original value. It would then offer the existing homeowners a new mortgage at a value in between the two, preventing foreclosure and pocketing a profit in the process.\u003c/p>\n\u003cp>The strategy, which Berkeley real estate investor Bill Falik told The Bay Citizen he helped develop, is expected to generate profits of as much as 20 percent, according to an October pitch to potential funders. \u003c!--more-->\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>Brown and Falik are among 12 founding investors in Mortgage Resolution Partners, according to company spokesman Peter Ragone. Though San Bernardino is the furthest along, the company hopes to partner with local governments across the country to use eminent domain as a tool in fighting blight, Ragone added.\u003c/p>\n\u003cp>Bond investors, the real estate industry and the editorial pages of national newspapers have denounced the plan as a politically wired money grab, warning that lenders will shun areas where they face the threat of government seizure of their home loans.\u003c/p>\n\u003cp>New buyers would be unable to get new loans in those communities, they allege. House prices might drop further, increasing, rather than reducing, blight.\u003c/p>\n\u003cp>Some critics also complain that their warnings are being ignored in Sacramento and Washington because the Mortgage Resolution Partners deal is backed by politically powerful individuals.\u003c/p>\n\u003cp>Ragone characterized the criticism as the self-serving complaints of financiers.\u003c/p>\n\u003cp>“This is the typical canard that Wall Street and its lobbyists used whenever they don’t support an innovative public policy,” he said in an email. “Loans will still be made and investors will still make returns. Capitalism will carry on.”\u003c/p>\n\u003cp>Brown did not respond to telephone and email messages requesting comment.\u003c/p>\n\u003cp>This isn’t the first time Falik, with Brown as an investment partner, has pursued a strategy that hinged on controversial real estate decisions by municipal officials.\u003c/p>\n\u003cp>In the boom years of California’s real estate market, then-Assembly Speaker Brown was a partner in a series of Falik-run real estate partnerships that helped turn thousands of acres of Central Valley farmland into new housing developments. In that case, the key was persuading local officials to rezone Sacramento River floodplain.\u003c/p>\n\u003cp>“We had some successful investments, and we had some successes involving permits in Sacramento,” Falik said, adding that Brown was only one of 140 partners in those investments. “But I’m a very careful lawyer: I never met with Willie concerning one of my projects.”\u003c/p>\n\u003cp>Today, owners of the homes built on that land, like thousands of other California homeowners, find their houses worth less than what they owe. Falik said that the new company, Mortgage Resolution Partners, would help local governments overcome problems preventing lenders from assisting such underwater borrowers.\u003c/p>\n\u003cp>Many U.S. loans have been resold to investors as packages of mortgage-backed securities. These arrangements often prohibit loan discounting. In theory, an eminent domain seizure could override those contracts.\u003c/p>\n\u003cp>“I talked to my business partners in Sacramento, and they say nothing is selling because there’s all this foreclosure overhang,” Falik said. “If you can keep people in their homes and give them a mortgage in some way where they can continue to pay, it would make a huge difference in terms of blight.”\u003c/p>\n\u003cp>On June 28, a group of 18 financial services lobbying organizations, including the American Bankers Association and the Inland Valley Association of Realtors, sent a joint letter to five San Bernardino County-area officials denouncing Mortgage Resolution Partners’ eminent domain plan. The proposal raises important “constitutional issues,” the letter said, suggesting the possibility of lawsuits.\u003c/p>\n\u003cp>Despite the major industry players on the critical letter’s masthead, opponents have had difficulties rallying politicians to their side, said Steve Manos, president of the Inland Valley Association of Realtors.\u003c/p>\n\u003cp>“From our vantage point, bringing attention to this was difficult. There seemed to be a reluctance for some people to take up the fight, though this seemed to be an easy one,” Manos said. “You have serious influence coming from heavy hitters.”\u003c/p>\n\u003cp>Others have warned that political influence might play a role in Mortgage Resolution Partners’ strategy as well. In January, Reuters reported that Mortgage Resolution Partners had sent a letter to potential investors saying the company would use “legal and political leverage” to purchase distressed mortgage, and that its founding executive chairman, Phil Angelides, “will be front-line center stage nationally.”\u003c/p>\n\u003cp>In February, U.S. Rep. Patrick T. McHenry, R-N.C., sent a letter to Shaun Donovan, secretary of the Department of Housing and Urban Development, expressing concern about “influence peddling” by prominent California politicians linked to Mortgage Resolution Partners.\u003c/p>\n\u003cp>Company spokesman Ragone, who served as communications director for former Gov. Gray Davis and press secretary for San Francisco Mayor Gavin Newsom, said in an email that Mortgage Resolution Partners’ use of the term “political leverage” has been misunderstood.\u003c/p>\n\u003cp>The January memo was an “outdated presentation where we used that phrase to characterize the policy of using eminent domain,” Ragone wrote.\u003c/p>\n\u003cp>Falik said the initial sales pitch promising “legal and political leverage” has morphed into perfecting a legal strategy focused on allowing homeowners to remain in their homes.\u003c/p>\n\u003cp>“I think initially people were thinking about politics more, and obviously, Willie is politically connected and very savvy, and so is Phil,” Falik said. “But it became a reality that this is much more legal in nature.”\u003c/p>\n\u003cp>Angelides, a former California state treasurer who also headed the U.S. Financial Crisis Inquiry Commission, has since left the company, replaced as chairman by venture capitalist and prominent Democratic Party fundraiser Steven Gluckstern.\u003c/p>\n\u003cp>But Angelides and Gluckstern together pitched the eminent domain idea in a Jan. 31 conference call with San Bernardino County CEO Greg Devereaux, according to a copy of Devereaux’s calendar obtained by The Bay Citizen. In March, April and May Devereaux’s calendar noted scheduled phone calls with Mortgage Resolution Partners executives, including Falik.\u003c/p>\n\u003cp>Mortgage Resolution Partners representatives mentioned during their conversations with him that Brown was an investor, said San Bernardino County spokesman David Wert.\u003c/p>\n\u003cp>However, Devereaux would not “be influenced by any political clout Mr. Brown or Mr. Angelides are perceived to have in the Bay Area,” Wert said. “I think it could be agreed they have no such clout outside of the Bay Area and Sacramento.”\u003c/p>\n\u003cp>[ad floatright]\u003c/p>\n\u003cp>\u003cem>This story was produced by The Bay Citizen, a project of the Center for Investigative Reporting. Learn more at \u003ca href=\"http://www.baycitizen.org/\">www.baycitizen.org\u003c/a>.\u003c/em>\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>\u003cstrong>By Matt Smith, \u003ca href=\"http://www.baycitizen.org/housing/story/mortgage-bailout-proposal-san-francisco/\">The Bay Citizen\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>Former San Francisco Mayor Willie Brown and a longtime business partner are among investors in a company drawing criticism for working with local government officials to take over and discount underwater mortgages.\u003c/p>\n\u003cp>\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/BayCitizenLogo1.png\">\u003cimg class=\"alignleft size-full wp-image-69874\" title=\"BayCitizenLogo\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/BayCitizenLogo1.png\" alt=\"\" width=\"218\" height=\"74\">\u003c/a>The plan gained impetus last month, when officials in San Bernardino County formed a joint powers authority to consider a proposal from San Francisco-based \u003ca href=\"http://mortgageresolutionpartners.com/\">Mortgage Resolution Partners\u003c/a> for local governments to use their powers of eminent domain to seize underwater mortgages.\u003c/p>\n\u003cp>The company would raise capital to buy the mortgages from lenders at their depressed market price, perhaps less than half their original value. It would then offer the existing homeowners a new mortgage at a value in between the two, preventing foreclosure and pocketing a profit in the process.\u003c/p>\n\u003cp>The strategy, which Berkeley real estate investor Bill Falik told The Bay Citizen he helped develop, is expected to generate profits of as much as 20 percent, according to an October pitch to potential funders. \u003c!--more-->\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>Brown and Falik are among 12 founding investors in Mortgage Resolution Partners, according to company spokesman Peter Ragone. Though San Bernardino is the furthest along, the company hopes to partner with local governments across the country to use eminent domain as a tool in fighting blight, Ragone added.\u003c/p>\n\u003cp>Bond investors, the real estate industry and the editorial pages of national newspapers have denounced the plan as a politically wired money grab, warning that lenders will shun areas where they face the threat of government seizure of their home loans.\u003c/p>\n\u003cp>New buyers would be unable to get new loans in those communities, they allege. House prices might drop further, increasing, rather than reducing, blight.\u003c/p>\n\u003cp>Some critics also complain that their warnings are being ignored in Sacramento and Washington because the Mortgage Resolution Partners deal is backed by politically powerful individuals.\u003c/p>\n\u003cp>Ragone characterized the criticism as the self-serving complaints of financiers.\u003c/p>\n\u003cp>“This is the typical canard that Wall Street and its lobbyists used whenever they don’t support an innovative public policy,” he said in an email. “Loans will still be made and investors will still make returns. Capitalism will carry on.”\u003c/p>\n\u003cp>Brown did not respond to telephone and email messages requesting comment.\u003c/p>\n\u003cp>This isn’t the first time Falik, with Brown as an investment partner, has pursued a strategy that hinged on controversial real estate decisions by municipal officials.\u003c/p>\n\u003cp>In the boom years of California’s real estate market, then-Assembly Speaker Brown was a partner in a series of Falik-run real estate partnerships that helped turn thousands of acres of Central Valley farmland into new housing developments. In that case, the key was persuading local officials to rezone Sacramento River floodplain.\u003c/p>\n\u003cp>“We had some successful investments, and we had some successes involving permits in Sacramento,” Falik said, adding that Brown was only one of 140 partners in those investments. “But I’m a very careful lawyer: I never met with Willie concerning one of my projects.”\u003c/p>\n\u003cp>Today, owners of the homes built on that land, like thousands of other California homeowners, find their houses worth less than what they owe. Falik said that the new company, Mortgage Resolution Partners, would help local governments overcome problems preventing lenders from assisting such underwater borrowers.\u003c/p>\n\u003cp>Many U.S. loans have been resold to investors as packages of mortgage-backed securities. These arrangements often prohibit loan discounting. In theory, an eminent domain seizure could override those contracts.\u003c/p>\n\u003cp>“I talked to my business partners in Sacramento, and they say nothing is selling because there’s all this foreclosure overhang,” Falik said. “If you can keep people in their homes and give them a mortgage in some way where they can continue to pay, it would make a huge difference in terms of blight.”\u003c/p>\n\u003cp>On June 28, a group of 18 financial services lobbying organizations, including the American Bankers Association and the Inland Valley Association of Realtors, sent a joint letter to five San Bernardino County-area officials denouncing Mortgage Resolution Partners’ eminent domain plan. The proposal raises important “constitutional issues,” the letter said, suggesting the possibility of lawsuits.\u003c/p>\n\u003cp>Despite the major industry players on the critical letter’s masthead, opponents have had difficulties rallying politicians to their side, said Steve Manos, president of the Inland Valley Association of Realtors.\u003c/p>\n\u003cp>“From our vantage point, bringing attention to this was difficult. There seemed to be a reluctance for some people to take up the fight, though this seemed to be an easy one,” Manos said. “You have serious influence coming from heavy hitters.”\u003c/p>\n\u003cp>Others have warned that political influence might play a role in Mortgage Resolution Partners’ strategy as well. In January, Reuters reported that Mortgage Resolution Partners had sent a letter to potential investors saying the company would use “legal and political leverage” to purchase distressed mortgage, and that its founding executive chairman, Phil Angelides, “will be front-line center stage nationally.”\u003c/p>\n\u003cp>In February, U.S. Rep. Patrick T. McHenry, R-N.C., sent a letter to Shaun Donovan, secretary of the Department of Housing and Urban Development, expressing concern about “influence peddling” by prominent California politicians linked to Mortgage Resolution Partners.\u003c/p>\n\u003cp>Company spokesman Ragone, who served as communications director for former Gov. Gray Davis and press secretary for San Francisco Mayor Gavin Newsom, said in an email that Mortgage Resolution Partners’ use of the term “political leverage” has been misunderstood.\u003c/p>\n\u003cp>The January memo was an “outdated presentation where we used that phrase to characterize the policy of using eminent domain,” Ragone wrote.\u003c/p>\n\u003cp>Falik said the initial sales pitch promising “legal and political leverage” has morphed into perfecting a legal strategy focused on allowing homeowners to remain in their homes.\u003c/p>\n\u003cp>“I think initially people were thinking about politics more, and obviously, Willie is politically connected and very savvy, and so is Phil,” Falik said. “But it became a reality that this is much more legal in nature.”\u003c/p>\n\u003cp>Angelides, a former California state treasurer who also headed the U.S. Financial Crisis Inquiry Commission, has since left the company, replaced as chairman by venture capitalist and prominent Democratic Party fundraiser Steven Gluckstern.\u003c/p>\n\u003cp>But Angelides and Gluckstern together pitched the eminent domain idea in a Jan. 31 conference call with San Bernardino County CEO Greg Devereaux, according to a copy of Devereaux’s calendar obtained by The Bay Citizen. In March, April and May Devereaux’s calendar noted scheduled phone calls with Mortgage Resolution Partners executives, including Falik.\u003c/p>\n\u003cp>Mortgage Resolution Partners representatives mentioned during their conversations with him that Brown was an investor, said San Bernardino County spokesman David Wert.\u003c/p>\n\u003cp>However, Devereaux would not “be influenced by any political clout Mr. Brown or Mr. Angelides are perceived to have in the Bay Area,” Wert said. “I think it could be agreed they have no such clout outside of the Bay Area and Sacramento.”\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>\u003cem>This story was produced by The Bay Citizen, a project of the Center for Investigative Reporting. Learn more at \u003ca href=\"http://www.baycitizen.org/\">www.baycitizen.org\u003c/a>.\u003c/em>\u003c/p>\n\n\u003c/div>\u003c/p>",
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"content": "\u003cp>SAN BERNARDINO, Calif. (AP) — As recently as last month, no city in California had opted for bankruptcy since 2008, and no U.S. city of more than 200,000 people had ever chosen bankruptcy.\u003c/p>\n\u003cfigure id=\"attachment_69991\" class=\"wp-caption alignright\" style=\"max-width: 300px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/bankruptcy.jpg\">\u003cimg class=\"size-medium wp-image-69991\" title=\"bankruptcy\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2012/07/bankruptcy-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">(Jupiterimages/Getty Images)\u003c/figcaption>\u003c/figure>\n\u003cp>The past two weeks have changed all that, in a big way, as the fiscal struggles faced by so many American cities became too much for some to bear.\u003c/p>\n\u003cp>San Bernardino became the third California city in that small span to choose Chapter 9 bankruptcy protection with a City Council vote on Tuesday night.\u003c/p>\n\u003cp>The Southern California city of about 210,000 people will also become the second largest in the nation ever to file for bankruptcy. Stockton, the Northern California city of nearly 300,000, became the biggest when it filed for Chapter 9 on June 28. The much smaller city of Mammoth Lakes voted for bankruptcy July 3.\u003c/p>\n\u003cp>\u003c!--more-->San Bernardino's City Council directed the city attorney to make the move during a meeting where administrators explained the dire fiscal circumstances and urged them to choose the bankruptcy option.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>\"We have an immediate cash flow issue,\" Interim City Manager Andrea Miller told Mayor Patrick Morris and the seven-member City Council, according to the Los Angeles Times.\u003c/p>\n\u003cp>Miller said the city is facing a budget shortfall of $45.8 million. It has already stopped paying some vendors, and may not be able to make payroll over the next three months.\u003c/p>\n\u003cp>Four council members voted for the authorization, two opposed it, and one abstained.\u003c/p>\n\u003cp>\"This is probably the hardest decision this councilwoman will ever have to make in this chair,\" Councilwoman Wendy McCammack said, according to the San Bernardino Sun.\u003c/p>\n\u003cp>The councilman who abstained from voting, John Valdivia, said he did not trust the information presented at the meeting, and having only served since March believed he should not be held responsible for the money mess.\u003c/p>\n\u003cp>\"The taxpayers of this city have been duped, hoodwinked and misguided for the past several years,\" Valdivia said, according to the Sun.\u003c/p>\n\u003cp>It was not immediately clear when the city planned to file.\u003c/p>\n\u003cp>Sixty miles east of Los Angeles, San Bernardino is in a region that soared economically during the housing boom, and suffered accordingly after the crash.\u003c/p>\n\u003cp>It joins a number of other cities and counties across the nation that have plunged into financial crisis as the recession made it tough to cover rising costs involving payroll, pensions, bondholders and vendors.\u003c/p>\n\u003cp>Before Stockton, a California city had not filed for bankruptcy since Vallejo in 2008.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>Since Congress added Chapter 9 to the bankruptcy code in 1937 to allow municipalities to seek protection, about 640 government entities have filed.\u003c/p>\n\n",
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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": {
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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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"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",
"meta": {
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"source": "NPR"
},
"link": "/radio/program/hidden-brain",
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"how-i-built-this": {
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"title": "How I Built This with Guy Raz",
"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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"apple": "https://itunes.apple.com/us/podcast/how-i-built-this-with-guy-raz/id1150510297?mt=2",
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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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"spotify": "https://open.spotify.com/show/2p3Fifq96nw9BPcmFdIq0o?si=39209f7b25774f38",
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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",
"meta": {
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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"
}
},
"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",
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"meta": {
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"source": "wnyc"
},
"link": "/radio/program/on-the-media",
"subscribe": {
"apple": "https://itunes.apple.com/us/podcast/on-the-media/id73330715?mt=2",
"tuneIn": "https://tunein.com/radio/On-the-Media-p69/",
"rss": "http://feeds.wnyc.org/onthemedia"
}
},
"pbs-newshour": {
"id": "pbs-newshour",
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"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",
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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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"order": 14
},
"link": "/perspectives",
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