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Why is Warren skipping the climate debate
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Sep 19, 2019 23:59
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My feeling is that besides Bernie, Warren and Yang have their hearts in the right place. Yes, Yang. That isn't to say that Yang is a good choice - in fact he's pretty bad in some ways I think - but at least he gets that something has gone badly wrong and we're not going to fix it with "tinkering around the edges". Warren has some good pros. She legit pushed back on the Obama administration and she did a lot of good work that she didn't grandstand on. I respect that. I just don't think she's Good Enough. Also the reality is that elections are, at least in part, a culture war - and the working class, not the middle-manager technocratic white-collar wonks, is who needs a victory here.
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Sep 20, 2019 00:03
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I don’t know anybody who actually likes Biden. It’s purely worries about electability and a belief that defeating Trump is the only thing that matters that are propping him up. The only thing I’ll give Biden credit for is he isn’t totally ignoring the Midwest like Hilldawg did. I don’t think that’ll be enough to unseat an incumbent president, though.
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Sep 20, 2019 00:12
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Biden is liked by people who are legit fans of Obama and Obama-era policy. Also probably by the white working class midwest folks who flipped to Trump in 2016.
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Sep 20, 2019 00:23
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ProperGanderPusher posted:I don’t know anybody who actually likes Biden. I do. They're older people (usually men) who, "don't get why people make an issue over him being creepy" or "think those other ones are too extreme."
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Sep 20, 2019 00:24
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Looks like its time for a new Senator  https://twitter.com/reidepstein/status/1174799108118368264
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Sep 20, 2019 00:34
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Add her to the pile of new Senators we need.
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Sep 20, 2019 00:35
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lmao she is so nakedly two-faced.
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Sep 20, 2019 00:53
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The most vocal Biden backer I know is a black woman. But she does live in a hellishly red part of the country.
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Sep 20, 2019 00:56
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Good Krugman piece about Trump's war on California, and the general conservatarian belief that California is a Mad Max hellscape wasteland: https://www.nytimes.com/2019/09/19/opinion/trump-california.html
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Sep 20, 2019 00:59
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Jaxyon posted:The most vocal Biden backer I know is a black woman. Same.
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Sep 20, 2019 01:08
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Most of the doctors at the hospital I work at drive Tesla's. A few of them have Biden stickers on them.
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Sep 20, 2019 01:35
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Kill Bristol posted:I know a couple people who work in SF regional politics, and evidently Yee has always had a reputation as something of a slimeball who does shady poo poo. Still, they're pretty shocked that instead of getting busted for getting campaign contributions from illegal sources or something similar, he was loving helping to sneak MANPADS into the country. Jesus. Know when to quit Leland. This is honestly the best california scandal ever. I hope they do a movie on leland yee shrimp boy and the MILFS.
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Sep 20, 2019 02:52
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The Glumslinger posted:Looks like its time for a new Senator You say this like the other senator we have is any better.
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Sep 20, 2019 05:59
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Just hire DeLeon to run against whoever you actually want to win the Senate seat and he'll throw the race a month or two in. Easy.
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Sep 20, 2019 16:11
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I mean I know people talk about false flags and poo poo but Kevin DeLeon siphoning off all the "gently caress Feinstein" energy and then just straight giving up after the jungle primary feels like a conspiracy. I know it probably wasn't, but it feels like one.
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Sep 20, 2019 16:56
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I got so sad when it dawned on me DeLeon didn't intend to actually run. I was so hopeful.
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Sep 20, 2019 17:40
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California Politics Thread: Sacramento has a pretty good train museum
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Sep 20, 2019 17:48
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Punkin Spunkin posted:California Politics Thread: Sacramento has a pretty good soon to be underwater train museum ftfy
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Sep 20, 2019 18:31
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Underwater train museum sounds badass...
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Sep 20, 2019 18:33
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Sydin posted:
Yeah Warren has been moving more towards the right and fundraising from wallstreet going 'hey im not actually gonna rock the status quo just to reassure ya'll' type stuff. Shes backpedaled on medicare4all, no real plans to do anything, and is coming more and more with pelosi-esque statements of "we're capitalists, that's just how it is!" just tweak the edges a little bit! Also conveniently ignoring all climate change and media just throwing absolute soft-ball poo poo. I have no faith she would accomplish anything substantial that isn't just radical status quo support with a few tweaks it's absolutely Bernie or bust, and since this is california, I'll just write-in Bernie in the national anyways with no risk.
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Sep 20, 2019 19:01
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I was waffling between Warren and Sanders in the very early goings but then Warren came out and said "no guys capitalism actually works, it's just corrupt people taking advantage of a good system!" and now it's Bernie or death.
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Yesssssss.quote:PG&E Corp. shares dropped as much as 10% after bondholders and wildfire victims teamed up to offer a competing recovery plan for the bankrupt California utility that would all but wipe out its stockholders. Keep it up, I'm close.
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Sep 20, 2019 19:46
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Arsenic Lupin posted:Yesssssss. Just remember that while gently caress PG&E, absolutely, and generally gently caress wall street too; a huge amount of PG&E's shares are held by retirement funds via mutual funds. Individuals, union retirement funds, state retirement funds, they're all taking a hit. It's well deserved to wipe out the shareholders because their representatives in the form of PG&E's shareholder-elected officers hosed everything up for decades, it's certainly not something to smile about. Someone has to eat poo poo here and it's still not the actual executives that put profit over safety, and it's also not the politicians that set up PG&E's public/private bullshit status in the first place either. So shareholder liability is just the least worst option among nothing but bad results representing another step down a path of a lot of people being hurt by mismanagement of CA's energy infrastructure. And note that this is a collaboration between victims and bondholders, and bondholders may hold senior debt and no voting rights but they're still every bit as much members of the investor class that was happy to take profits from PG&E for decades while it engaged in long-term deliberate negligence. IMO the bondholders should be wiped out too, there's no reason to give them a free pass. quote:The new bondholder proposal offers $28.4 billion in new money in exchange for 58.8% of the equity in the reorganized PG&E. Under an earlier proposal, creditors had offered financing in exchange for an 85% to 95% stake in the new company. The actual good way forward would be to wipe out both bondholders and stockholders and convert the entire company into government-run local and state level institutions. Leperflesh fucked around with this message at 20:09 on Sep 20, 2019 |
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Sep 20, 2019 20:05
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I hope part of the plan is hanging the board by their ankles and letting the fire victims grab whatever falls out of their pockets.
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Sep 20, 2019 20:11
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You make many valid points. The shareholders are getting punished for a couple of decades (at least) of a nonexistent safety culture, decisions over which they had little power. Nonetheless, that safety culture helped raise the profits that showed up on dividends up until 2017. The shareholders earned extra money from PG&E's gross negligence. Shifting that money from the shareholders to the victims seems to me entirely appropriate. And yeah, the bondholders are absolutely as complicit as the shareholders. I still want PG&E to be burned to the ground and the earth salted. This is an unreasonable desire. It partly stems from the road outside my house being dug up three successive times in a year to patch the pipes, because each time apparently they'd done it wrong. My town had pipes as dangerous as San Bruno's, and PG&E dragged their feet on fixing it until government pressure got involved. The non-personal part of it stems from years and years and years of watching PG&E not giving a drat.
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Sep 20, 2019 20:12
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CPColin posted:I hope part of the plan is hanging the board by their ankles and letting the fire victims grab whatever falls out of their pockets. https://www.pge.com/en/about/newsro...onal_excellence PGE's been cycling out the people who were responsible. Unless the state decides to indict them for something, they're already scott-free. By the time fire victims get anything, the people running PG&E will not be the ones that were responsible.
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Sep 20, 2019 20:14
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Arsenic Lupin posted:You make many valid points. The shareholders are getting punished for a couple of decades (at least) of a nonexistent safety culture, decisions over which they had little power. Nonetheless, that safety culture helped raise the profits that showed up on dividends up until 2017. The shareholders earned extra money from PG&E's gross negligence. Really understandable on all points. I just think victims here are being exploited by the bondholders, who are willing to offer them a higher cap on damages (note, this is not guaranteed money, it's just a fund from which attempts to get damages can be drawn from, should courts award them, which is definitely not guaranteed) in exchange for a huge windfall money grab for the bondholders. In bankruptcy the bondholders and the stockholders are often at loggerheads, because typically bondholders have senior debt. It's normal for stock to crash to zero and stockholders to eat poo poo because what remains of the assets of a bankrupted company is entirely claimed by the bondholders. It's in their interest to gently caress over the stockholders maximally in order to see as much of their own debt paid back to them as possible, and they're trying to use a deal with the victims to get the bankruptcy court give them the power to counter the company's own proposals in a way that benefits themselves. So basically, the only silver lining here is that maybe there will be more money in the pot for victims to try to claim. But the big dark cloud is that it's just one group of investors seeking to make a pile of money at the expense of another group of investors.
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Sep 20, 2019 20:19
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So is this public banking act going to result in the creation of a CA state bank which will accept retail deposits? Will I be able to open a checking account with the state bank, so my deposits are used for public works projects?
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Sep 21, 2019 00:09
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bawfuls posted:So is this public banking act going to result in the creation of a CA state bank which will accept retail deposits? Will I be able to open a checking account with the state bank, so my deposits are used for public works projects? My understanding is that it’ll start at the municipal level and focus on managing municipal budgets. It’ll take years to get that chartered and operating.
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Sep 21, 2019 00:17
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I'm from North Dakota and we have a state Bank baby. Woooo https://bnd.nd.gov/
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Sep 21, 2019 01:10
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In my transition while rebuilding i swear the entire fuvking syreets trees were wrapped in power lines literally not a single cutback on either side for the entire street. loving still that way a YEAR after as of a couple months ago when i moved out
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Sep 21, 2019 03:11
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Had a real good laugh just now listening to the SF City Insider's interview with Suzy Loftus. She begins by talking about interning at the city attorney's office after she heard the new person in that role was "really going places." "...and she [kamala harris] talked a lot about the role of the prosecutor being the only person in court who stood up for justice and had an obligation to do what's right, and too often people who care about justice identify as defense attorneys..." wow, how strange, i wonder why that is, well anyway vote for me to make sure people stay in jail
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Sep 25, 2019 03:14
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Kamala Harris is what the median dem senator probably should be, but I am glad she will not be president. In other news, I don't think this thread has mentioned this much: while SB50 didn't get passed, it did in fact get a lot easier this past legislative session to build ADUs (Additional Dwelling Units, basically like a cottage in the backyard with it's own publumbing, etc.) It's not enough, but it is a pretty significant step towards getting more housing. Fill Baptismal fucked around with this message at 03:55 on Sep 26, 2019 |
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Sep 26, 2019 03:53
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Kill Bristol posted:Kamala Harris is what the median dem senator probably should be, but I am glad she will not be president. Ive seen a great uptick in people building ADUs. I think its great. Adus are nice because they are somewhat nimbyproof
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Sep 26, 2019 04:36
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WAR CRIME GIGOLO posted:Ive seen a great uptick in people building ADUs. I think its great. Adus are nice because they are somewhat nimbyproof I lived in one in Los Gatos for like $800 when I was 18. Cool family, and they paid me to take care of their chickens + let me have the eggs when they were out of town.
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Sep 26, 2019 17:57
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WAR CRIME GIGOLO posted:Ive seen a great uptick in people building ADUs. I think its great. Adus are nice because they are somewhat nimbyproof They are literally YIMBY, it's nice!
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Sep 26, 2019 18:04
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The North Tower posted:I lived in one in Los Gatos for like $800 when I was 18. Cool family, and they paid me to take care of their chickens + let me have the eggs when they were out of town. They are amazing. Literally recycling backyards into homes. And the old fucks LOVE the income.
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Sep 26, 2019 20:10
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Kill Bristol posted:Kamala Harris is what the median dem senator probably should be, but I am glad she will not be president. Absolutely not, she's totally in the thrall of rich finance and was fine with making GBS threads on the powerless to advance herself. She's a Republican - or would be if our democracy worked properly.
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Sep 26, 2019 20:47
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Telling people they can live in a glorified shed in someone's back yard for greater rent than what like 90% of the entire goddamned country pays for a real apartment is absolutely not a substitute for reasonable housing policy whatsoever. What the hell are you people smoking?
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Sep 26, 2019 20:58
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Sundae posted:Telling people they can live in a glorified shed in someone's back yard for greater rent than what like 90% of the entire goddamned country pays for a real apartment is absolutely not a substitute for reasonable housing policy whatsoever. What the hell are you people smoking? Nobody said it was a substitute. But it does represent densification, which is absolutely critical. And the state forcing cities to allow it is one step among many in reducing the ability of cities to totally stonewall against densification.
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Sep 26, 2019 21:03
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