Business

The Great Constant, Kalra Pension Debate

The much anticipated San Jose Rotary Club debate between Councilmembers Pete Constant and Ash Kalra did not disappoint. Both Constant and Kalra were spirited advocates for their positions: Constant defending Measure B, the pension “modification” measure; Kalra, a lawyer, presenting the views in opposition. By the end of the debate, to the disappointment of many, it was Kalra who gained the most.

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How to Get America Back on Track

I tuned in to the Master’s golf tournament Sunday and was struck by the ExxonMobile commercials urging the country to work toward improving our declining global rank in math and science education. The narrator of one of the many commercial spots says, “Today we rank 25th in mathematics. There’s no medal for that. Let’s train more teachers. Let’s inspire our students. Let’s get America back on track.” Easy for ExxonMobile to say, but enormously difficult to do—particularly in California, where we are continuing to disinvest in education in apocalyptic ways.

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Your Cholesterol Rate is $1.5 Billion

As we know, health care costs are escalating at double-digit rates. The continuous high costs are a burden to the self-insured, businesses and government. In San Jose, we have an unfunded health care liability of approximately $1.5 billion. The City of Stockton has been in the news for starting the process of bankruptcy under AB506, and much of their plight is due to the cost of health care benefits. San Jose should implement a incentive/mandatory wellness program in 2012 to reduce the cost of health care.

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City Balks on EPS Ban After $100K Offer

It seems some people at City Hall just don’t know how to accept a bribe anymore. All of last year, the city held public meetings about a potential ban on expanded polystyrene. It seemed like it would be no big thing, especially after passing a plastic bag ban. That is until December rolled around, and DART—a food-packaging company that manufactures EPS products—offered San Jose $100,000 to look at other ways to meet the city’s trash-reduction goals by 2014.

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San Jose: Tale of Two Cities

We San Joseans are a schizophrenic bunch. We’re all for economic development, but we consistently complain about noise generated by the airplanes, traffic, and sporting events that come with it. We’re pro-environment, but we’ll drive our Hummers to shop in Campbell or Milpitas, so we can have plastic bags to pick up our dog droppings. We’re pro-innovation, but we do very little to attract the startups and R&D projects that form the backbone of our region, and we add insult to injury by embracing the misnomer “Capital of Silicon Valley.”

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West Side Airport Development

The city’s General Fund is not legally obligated to pay an airport expense or debt service payments.However, the City Council has discretion over the allocation of general fund monies in general, and may approve an allocation of General Fund monies for airport expenditures. This includes payment of debt service. The allocation of general fund resources to the airport would be a policy decision by the City Council, not a legal obligation.

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Minimum Wage Raise in San Jose?

A student-organized push to raise the minimum wage in San Jose looks like it has a chance to make its way on the ballot. Roughly 35,000 signatures were reportedly submitted Wednesday by a group led by San Jose State students. Those signatures will need to be verified by the county Registrar of Voters. For now, the San Jose/Silicon Valley Chamber of Commerce is taking a wait-and-see approach to the initiative.

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Credit Rating Drop Costs City $350K

The city’s fight over pension reform and dwindling reserves resulted in San Jose’s credit being downgraded by Moody’s Investment Service in New York. The impact, according to City Manager Debra Figone at Tuesday’s City Council meeting, will be a cost of $350,000 to the city.

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San Jose Has Highest Rent Increases

Despite having a reputation for sprawl, rent in San Jose increased at a higher rate than anywhere else in the nation, according to a city memo distributed Tuesday. A 3-percent increase is the highest allowable under the city’s ordinance, and many of the people targeted by recent rent hikes include mobilehome owners who rent land for their homes.

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An Open Letter to Larry Baer

Dear Larry: We need to talk. It started a few years back, when Lew Wolff got it in his head that Oakland wasn’t the best home for the ballclub he’d recently purchased. The A’s play in a rundown stadium in a decrepit area of town in front of a dwindling—albeit loud and loyal—fanbase. The organization’s limited revenue stream prevents it from building a consistent winner and essentially makes them a ward of the league. Enter San Jose.

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Unions File Lawsuit over Ballot Language

A judge ruled in favor of attorneys representing city workers Monday to hold an expedited hearing on April 3 about the language of Measure B, the pension and benefits reform ballot measure. The ruling comes on the heels of a lawsuit filed Friday in California Superior Court that claims the ballot question violates the Election Code because it does not contain impartial and non-argumentative language, as the law requires.

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Giants, A’s Clash over Territorial Rights

The public relations war we’ve all been waiting for is finally here. In a recent article, New York Daily News columnist Bill Madden suggested that MLB was unlikely to grant the Oakland A’s permission to move to San Jose. Baseball officials responded by saying no decision had been made. Then the A’s and San Francisco Giants sparred with competing statements about who had rights to the South Bay territory.

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Billionaires and Nonprofit Organizations

Why are there so few John Sobratos? In one of the richest areas of the world, there is a dearth of giving among the wealthiest in our midst. Many of the social problems we currently suffer could be alleviated by smart programs and a relatively small commitment from the people who have benefited the most from American opportunity.

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The State of the Valley 2012

Last Friday, Joint Venture Silicon Valley (JVSV) hosted its annual State of the Valley. I was one of the 1,000 people in attendance at the convention center. JVSV started in 1993, during a recession, to promote economic growth through public-private partnerships. Several interesting demographic statistics were pointed out during the presentation.

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San Jose Wants Satellite Patent Office

San Jose made a play for a satellite office with the U.S. Patent and Trademark Office (USPTO), submitting a proposal with the help of the Silicon Valley Leadership Group. Included in the application are letters from Mayor Chuck Reed and Silicon Valley business execs stating their case to David Kappos, Under Secretary for Intellectual Property with the USPTO.

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