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Michael Stoll, SF Public Press — Dec 30 2011 - 2:15pm

In the Public Press, elites don’t dictate coverage

If you missed it, the Winter 2011 edition of the Public Press (Issue 5) went on sale in November, and it came on the heels of a national conversation about how to fund and fortify community journalism. This is the editorial on page 2.

Issue 5 of the San Francisco Public Press, an ad-free nonprofit local newspaper, takes cues from noncommercial magazines, some of which have become influential of late. One model was Adbusters, the “culturejammer” magazine that inspired the global Occupy movement. Our approach at the Public Press has always been to look for stories that see the city and the Bay Area from the viewpoint of average people instead of just the elites, whose concerns are well represented. While we don’t practice advocacy journalism, we do strive to cover, in depth, stories and communities that commercially funded media don’t often pay attention to.

Sharing skills during the holidays

Ambika Kandasamy, Shareable.net — Dec 23 2011 - 12:08pm

With the holiday festivities swiftly approaching in a year marked by global protests over economic inequality, people in the Bay Area are turning to alternate, community-based means of exchanging goods and skills. Collectives like the Timebank help people circumvent buying gifts with money during the holidays. “The systemic way in which the economy works undermines every good that we try to do,” said Mira Luna, co-founder of the local nonprofit Bay Area Community Exchange, an organization that has been facilitating trades of talents and commodities using time rather than money as the currency. “There’s a lot of underutilized resources and a lot of needs out of there.”

California legislature may expand lending limit

Rick Jurgens, SF Public Press — Dec 15 2011 - 5:18pm

LEGISLATION: Lawmaker wants to raise payday loan limit to $500; others want restrictions

“Fast Easy Cash when you want it!” That’s the promise on the cover of an application for a “cash ’til payday” loan from DFC Global Corp. The company operates eight Money Mart stores in San Francisco, more than any other payday lender. But fast money comes at a high price —an annual percentage rate up to 459 percent. Currently, California has a $300 limit on each payday loan. But legislation pending in Sacramento would raise the maximum amount to $500. While supporters of the bill say the loans benefit working people, consumer advocates worry that borrowing at high interest rates can sink poor people further into debt. That was the concern of the San Francisco city attorney’s office, which this fall settled a suit with a payday lender accused of exceeding the legal limit.

Big banks help payday lenders offer quick cash at steep prices

Rick Jurgens, SF Public Press — Dec 15 2011 - 5:17pm

BUSINESS: Wells Fargo, Credit Suisse among biggest backers of profitable low-finance firms

Even as the Occupy San Francisco encampment at the base of Market Street expressed outrage at big banks and high finance, it remained business as usual at some of the city’s less glamorous financial establishments. San Franciso-based Wells Fargo, as well as other banks, are investing big money in firms that lend money at rates they are prohibited from offering. High-interest, unsecured “payday” loans are readily available at 32 establishments along Market Street and in low-income communities around the city. The banks’ names and brands are nowhere to be seen, but they have invested hundreds of millions of dollars in businesses that charge an annual percentage rate of 400 percent or more, a practice once considered by the state of California to be “usury.”

Change starts at neighborhood corner store

Marta Franco, Mission Local — Nov 3 2011 - 10:15am

Cookies, sandwiches, salads: Every afternoon, neighbors and visitors stop at Tony’s Market at 24th and Hampshire to buy  food or pick up lunch at Pal’s Takeaway, inside the store. Only a few years ago, Kassa Mehari, the store’s owner, sold mostly liquor. But three years ago, as the street was developing, Mehari decided it was time for the store to change. 

SF economic protests focus on foreclosures

Christopher D. Cook, SF Public Press — Sep 30 2011 - 11:14am
As “Occupy Wall Street” demonstrations entered their 12th day in New York and economic justice rallies spread across the country, several hundred San Franciscans took to the streets Thursday to “make the banks pay,” as the protests signs put it. Snaking through the Financial District, the crowd rallied outside the offices of Goldman Sachs, CitiBank, Charles Schwab and then Chase Bank, where six demonstrators sat in and were arrested.

US will recover from home loan disaster: Bank of America’s Barbara Desoer

Rick Jurgens, SF Public Press — Aug 5 2011 - 1:27pm

The market slump that vaporized $6 trillion of homeowners’ equity, and left one in four owing more on their mortgage than their house was worth, will continue through 2012. But this too shall pass, said Barbara Desoer, president of Bank of America’s home loans unit, at the Commonwealth Club Thursday. “We have weathered, and we have overcome, cycles like this before,” she said. The calm atmosphere of the talk contrasted with the turmoil that has roiled housing markets in the Bay Area, and throughout California and the nation, since 2007.

Pharmaceutical industry yields to pressure from San Francisco to fund a drug take-back program

Siri Markula, SF Public Press — May 24 2011 - 9:39am

Starting as soon as August, San Franciscans will be able to dispose of their unused medicines for free at 16 independent pharmacies and five police stations throughout the city. The pharmaceutical industry is funding the pilot program with $110,000, after facing city plans that threatened to extend producer responsibility to pharmaceuticals. For decades the industry and government waste experts told consumers to flush medications down the toilet. But with increasing recognition of the effects of human drugs on wildlife, regulators at all levels are seeking to get medicines out of the waste stream.

City steps in where state fails to regulate toxic manis and pedis

Kyung Jin Lee, SF Public Press — May 23 2011 - 2:56pm

WORKING CONDITIONS: San Francisco program pushes nail salons to use safer chemicals

Heidi Hoang was pregnant when she first started working at Nails by Linda in San Francisco’s Sunset District. “There’s a lot of people who say, ‘You have to be careful with this kind of job. Maybe, no more baby,’” Hoang, now the salon manager, said. “I was so nervous.” Nail salon workers, many of whom are Vietnamese immigrants and refugees with limited English skills, have long endured toxic chemicals that emanate from products they use to beautify their clientele. The chemicals not only produce noxious fumes, but workers often complain of itchy skin, rashes and headaches after prolonged exposure to the substances. In an effort to combat the problem, San Francisco is developing guidelines to encourage nail salons to go green. In the absence of federal or state regulations protecting salon workers from toxic exposure at work, the city is working to educate salon owners about healthier alternatives.

Ask an environmentalist: Driving vs. flying? Clothes compost? Wind-powered Safeway? Ozone anxiety?

Jon Mooallem, SF Public Press — Aug 24 2010 - 4:40pm

Which has a bigger carbon footprint, flying or driving from SF to LA? Can I compost my old clothing? Can a Safeway really be wind-powered? What’s the deal with the ozone layer? Writer Jon Mooallem digs into quandaries both weighty and lightheaded.

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