Business

High Speed Rail Will be Vindicated

The public officials arguing against High Speed Rail was disappointing. They utilized the false premises of opponents, yet they knew the real consequences of not approving the first phase of the project. Their pandering to curry political favor with the NIMBY crowd was unseemly.  Luckily, cooler heads prevailed and the project is moving forward.

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More Nonprofits Should Consider Mergers

InnVision and Habitat for Humanity Silicon Valley recently announced that they are merging with similar organizations from other parts of the Bay Area. It is great to see nonprofits with similar missions merging to form stronger entities. Both had executives who were willing to look at the big picture, ensuring their respective nonprofits were able to continue serving the community. It makes sense for more nonprofits to seek opportunities to combine forces, especially when the CEO is leaving the organization.

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Compromise Could Pave Way for Casino M8trix Opening July 20

UPDATE: When will Casino M8trix open? Maybe as soon as July 20. City officials say they are cautiously optimistic Police Chief Chris Moore will grant the casino its necessary permits at a hearing July 19, because the card room owners have relented and agreed to open the first floor only while continuing negotiations on how top floor gaming will be managed. But casino owner Eric Swallow says the city never contacted him about such an arrangement.

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Patent Office Shows How Private-Public Partnerships Can Work

A U.S. patent office will open in San Jose. This is the result of diverse political interests uniting in a shared goal. It is a victory for San Jose and the region, and it will help Silicon Valley businesses, which are the heart of our nation’s economic engine. But considering California accounts for 25 percent of all new patents—with half of those coming from Silicon Valley—why wouldn’t San Jose be chosen? Let’s do the political math.

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Rural/Metro Loses Patient Reports

Rural/Metro took over Santa Clara County’s ambulance contract last July, and by most accounts the company has done a good job. The company submitted a low bid to replace American Medical Response, and county Supervisors George Shirakawa, Mike Wasserman and Dave Cortese championed Rural/Metro as a low-cost yet responsible replacement. Aside from a rough transition in the first month on the job, response times have been above the required threshold in most cases. However, what isn’t found in the monthly reports that Rural/Metro is required to submit to the county is the number of patient records the company lost in its first two months on the job.

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Education Increases Worth of Patent Office

U.S. Reps Zoe Lofgren and Mike Honda, as well as a myriad of political and civic leaders, must be congratulated on securing the regional site for one of four patent offices in the country. This is a huge win for Silicon Valley. However, the accomplishment will be less meaningful if we don’t create a public education system that represents the ideals of the area and ranks first in the nation.

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County Court Fails the Most Vulnerable

This weekend the Mercury News published an excellent story that exposed abuses by Santa Clara County court-appointed officials who take advantage of elderly and incapacitated adults whose finances have been placed under control of the county. Investigative reporter Karen de Sá found that some court-appointed personal and estate managers charge expensive and questionable fees, and judges often sign off with little scrutiny. These finance managers basically drew down their clients’ accounts until little to no money was left in the trust funds and their clients were forced to depend on government assistance. In one case, a Belmont dementia patient was charged $1,062 to help celebrate her birthday.

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The Troll Under the Bridge

Do you remember the childhood story about a Troll under a bridge who threatens to block passage and eat the three Billy Goats Gruff? Well, this is similar to the county of Santa Clara and the city of San Jose when it comes to Redevelopment Agency money.

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Santa Clara County Property Values Increase

Almost half a million assessment notices went out to Santa Clara County property owners today, and following three years of minimal or negative growth in assessed property values, the county reports its first solid increase since 2008. Overall, total net assessed value of all real business and personal property values increased by 3.25 percent to $308.8 billion.

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The Supreme Court Obamacare Fallout

By now everyone knows that the U.S. Supreme Court upheld the constitutionality of the Affordable Care Act (a.k.a. Obamacare). Some of the conversation has centered on why the reform was upheld, but more so the story has been advanced to focus on what this all means for the future of the country as well as President Obama’s re-election chances.

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Is the Average Voter an Idiot?

Most voters are not stupid. However, they are overwhelmed by their own lives, often uneducated on public issues and misinformed by an increasingly biased and malevolent media. Hence, the substance that formed Winston Churchill’s opinion: “The best argument against democracy is a five minute conversation with the average voter.”

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Q&A with County Assessor Larry Stone

We tried to do a Q&A with Santa Clara County Assessor Larry Stone back in late March. That didn’t happen, but it wasn’t Stone’s fault—there weren’t enough questions at the time. But here we are, three months later, and we’ve got the tax man’s answers to a couple submitted questions, relayed in a telephone conversation, as well as his thoughts on the fight between the county and Redevelopment Agencies, the odds the Oakland A’s will relocate to San Jose and how he views the local housing market five years after the subprime mortgage crisis.

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County Fights 49ers over RDA Money

Officials for Santa Clara County went back on the offensive regarding Redevelopment Agency funds this past week, deciding to direct $30 million in property taxes to schools rather than pay back a loan from the San Francisco 49ers.

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Downtown Businesses Want Security Patrol

Part of a new plan by the business community to rebrand downtown is to staff the city’s core with two patrolling officers. However, how these security guards will be paid has kicked off a new fight between police and city officials.

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New 49ers Stadium a Good Deal

Tucked away on the 5th floor of the Tech Mart building in Santa Clara are some business offices of the San Francisco 49ers. Season ticket holders are being invited to come to the location, sit in a mock stadium suite and are offered a chance to purchase a lifetime Personal Seat License to the new stadium. While some may grumble at the new business model being adopted around the National Football League, the opportunity presented by the 49ers is well worth the price of admission. The Raiders PSL debacle was predicated on the license being good for only 10 years; this is a lifetime purchase with the right to sell and transfer—a much better deal.

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