Coming to a city near you...
San Francisco's New Disruption
EXCERPT: The view looks different from inside the shuttle. Prominent venture capitalist Tom Perkins publicly compared San Francisco's "rising tide of hatred of the successful" to the Nazis' hatred of the Jews. (He later apologized for his choice of words.)
EXCERPT: The view looks different from inside the shuttle. Prominent venture capitalist Tom Perkins publicly compared San Francisco's "rising tide of hatred of the successful" to the Nazis' hatred of the Jews. (He later apologized for his choice of words.)
ACCORDING TO TOM PERKINS WE 98%, ARE NAZIS'... WHAT A WEALTHY, SELFISH ASS!thinkingblue
The gap between rich and poor has grown in the U.S. since the early 1970s. From 2009 to 2012, the top 1% of incomes rose by more than 30%, while the rest grew less than half a percent. The issue is especially painful in San Francisco, a town named for a saint who stripped off his garments and embraced a life of poverty. As America's countercultural hub, it welcomed the bearded beatniks and Summer of Love hippies more than a generation ago. Locals have long been proud of liberal policies that forget no one and tolerate nearly everyone (except people who put recyclables in the wrong bins). But the makeup of the city is changing, and its housing spiral is becoming a national cautionary tale; a Washington mayoral candidate recently raised the specter of becoming "like San Francisco," where the middle class is an endangered species.
MORE HERE: http://content.time.com/time/subscriber/article/0,33009,2164220-4,00.html
The gap between rich and poor has grown in the U.S. since the early 1970s. From 2009 to 2012, the top 1% of incomes rose by more than 30%, while the rest grew less than half a percent. The issue is especially painful in San Francisco, a town named for a saint who stripped off his garments and embraced a life of poverty. As America's countercultural hub, it welcomed the bearded beatniks and Summer of Love hippies more than a generation ago. Locals have long been proud of liberal policies that forget no one and tolerate nearly everyone (except people who put recyclables in the wrong bins). But the makeup of the city is changing, and its housing spiral is becoming a national cautionary tale; a Washington mayoral candidate recently raised the specter of becoming "like San Francisco," where the middle class is an endangered species.
MORE HERE: http://content.time.com/time/subscriber/article/0,33009,2164220-4,00.html
posted by thinkingblue at 11:21 AM
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