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Fred Williams

Grantville Action Group loses at appeals court level

It is specifically prohibited for redevelopment money to be spent on beautifying existing government buildings. State law is clear on this. It's also prohibited to transfer tax increment funding to outside the boundaries of a redevelopment area. The County wants to spruce up the Administration Building on the waterfront. The City wants to re-shape the C Street Trolley Corridor. So they hatched a plan: 1. Transfer over $30 million of Grantville's redevelopment funding to the C Street Trolley, with the flimsy excuse that the Trolley connection (45 minutes away) to Grantville creates a "nexus" by which the two redevelopment projects are connected. 2. Transfer an equal amount to the County as part of a "settlement" so they wouldn't object to this blatant mis-allocation of public funds. The County is free to use this money to renovate their Administration Building. The individual steps of this arcane scheme (much more complex than I'm describing) were kept quiet, and only Grantville Veterinarian Brian Peterson stood up to object. Well educated, well informed, taking countless hours from his personal and professional life, Brian attended all the meetings he could, objecting, even paying for lawyers to help him fight this clear injustice. And the courts found that, while the overall effect is clearly illegal, because each baby step in the process was either technically allowed or, found no objection at the time -- hocus pocus, it's all somehow legal. By myopically focusing only on the details, and willfully refusing to acknowledge the big picture, and public policy implications, the judges have disgraced themselves and the legal profession. Should the Grantville Action Group continue the fight? Take this to a higher level? Or will Mayor Filner and the City perhaps reconsider this folly with the trolley, and restore justice and common sense to redevelopment. Filner has made it clear he stands for the neighborhoods. Here's a good test case. Grantville's money should be spent in Grantville, not downtown.
— May 31, 2013 10:16 p.m.

Bubbles: Greenspan, Bernanke could have learned something in San Diego

All these factors you've described are sufficient to set up the global economy for a great fall. The question in my mind is what the trigger will be that starts the panic. Another terrorist attack? A cyber-attack that actually does damage to financial systems (they're so vulnerable to this it's almost a certainty it WILL happen, but who knows when)? Another war, perhaps with N. Korea, or Iran, or in Norther Africa or will the US openly intervene in Syria? In the meantime, for normal folks without insider trading knowledge, the only possible outcome is negative. This is squarely on Obama's shoulders. He has both the power and opportunity to challenge these corrupt banksters and chooses instead to coddle them (look at the HSBC slap on the wrist). Unfortunately, I see this getting really ugly...civil unrest ugly. Militarized thug-cops beating old lady protesters ugly. Bombings and assassinations ugly. Is there time to prevent this? Barely. But I have zero confidence that those with the power to enforce the laws will actually do so. Rather, they will unleash the thugs and start a civil war instead of challenging their paymasters. San Diego is a microcosm representative of the rest of the country. A corrupt oligarchy has strangled the city, and the country. Until we get rid of them, there is no hope for anything getting better. If the lawful means of getting rid of them won't work, then non-lawful means will be used. That's the lesson of history, if anyone is interested in learning from it.
— March 13, 2013 11:12 p.m.

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