Payday loan industry: the stories

Ambika Kandasamy, SF Public Press — Feb 3 2012 - 9:44pm

Public Press writer Rick Jurgens reported on San Francisco's payday loan industry in our Winter 2011 print edition. He found that large corporations like Wells Fargo and Credit Suisse are among the biggest backers of these profitable low-finance firms. A subsequent whirl around the world of social media has revealed that payday loans are a fact of financial life for many, and some alternatives do exist. 

End of redevelopment agencies traps billions in local government loans

Kendall Taggart, California Watch — Feb 2 2012 - 9:17pm

More than 400 redevelopment agencies have been officially shuttered, leaving a trail of uncertainty – and a potentially staggering debt load. Across the state, cities and counties have loaned more than $4 billion to their redevelopment agencies over the past few decades, but according to the law governing how agencies will be dissolved, they may not be able to recover that money.

S.F. transportation agency apologizes, reassesses parking meter plan

Rigoberto Hernandez, Mission Local — Feb 1 2012 - 5:43pm

The San Francisco Municipal Transportation Agency agreed to assess people’s parking needs block by block in the Mission and other southeastern neighborhoods before installing any new parking meters. That marked a change in the agency’s attitude since a Jan. 13 meeting in which a hearing officer approved the installation of about 5,000 parking meters in several eastern neighborhoods, despite the objections of hundreds of people who spoke unanimously in opposition to the proposal.

California drugmaker's HIV prevention pill sparks public health debate

Bernice Yeung, California Watch — Jan 30 2012 - 1:38pm

Foster City drugmaker Gilead recently updated its application with the federal Food and Drug Administration for approval to market its HIV treatment medication Truvada as an  HIV prevention pill. If the FDA approves Truvada for preventive use, it “would be the first agent indicated for uninfected individuals to reduce the risk of acquiring HIV through sex,” according to a company statement at the time of the filing in December 2011.

Ordinance would put restrictions on Castro District plazas

T.J. Johnston, SF Public Press — Jan 26 2012 - 1:13pm

A proposal to regulate two popular Castro District hangouts by restricting chairs and shopping carts is a step closer to becoming city law. The Board of Supervisors will decide Tuesday on an ordinance, which passed the Land Use Committee this week, that would ban nighttime sitting, sleeping, vending, smoking and even pushing a shopping cart in Harvey Milk and Jane Warner Plazas.

Fight brewing over historic California plan to close last 3 youth prisons

Susan Ferriss, IWATCH News — Jan 26 2012 - 10:13am

California, often a trendsetter, could make history if it approves Gov. Jerry Brown’s bid to close all state-run youth prisons and eliminate its state Division of Juvenile Justice. Much depends, though, on whether the state’s politically influential prison guards, probation officers and district attorneys can be convinced — or forced by legislators — to agree to Brown’s proposal. That won’t be an easy sell, due to both public-safety arguments and sure-to-surface haggling over just who pays to house juvenile offenders.

S.F. supervisors weigh local oversight of FBI terrorism investigations

Mina Kim, KQED News Fix — Jan 25 2012 - 4:22pm

San Francisco supervisors are considering legislation that will require local control and civilian oversight of terrorism investigations the San Francisco Police Department undertakes with the Federal Bureau of Investigation. Calling it "The Portland Solution" because it mirrors a similar ordinance enacted in Oregon, Supervisor Jane Kim said that  her legislation does nothing more than restore transparency to intelligence gathering by police officers working with FBI agents.

Leapin' lizards — it's Leap Year again

Michele Anderson, SF Public Press — Jan 23 2012 - 7:58pm

Storifying has come to SF Public Press. From time to time, we will be gleaning the best from social media to  amplify our coverage. This is our first storification: our take on 2012, a Leap Year. We hear from the academics, the artists, the cognescenti on the Mayan apocalypse -- as well as many people in the universe of social media who have expressed an opinion on this unique component of the Gregorian calendar. 

Helping the homeless at S.F. public library

Julia Scott, KALW News — Jan 23 2012 - 2:36pm

A medley of people wait for the San Francisco Public Library to open in the morning. Students on a deadline. People who really need a library book. Retired folks. And people checking email. As the doors open, patrons stream into the atrium at the main branch near the Civic Center in downtown San Francisco. Some head to their favorite reading nook; others to computers to start surfing the Web.

Domestic workers organizing march to end abuse

Noah Arroyo, Mission Local — Jan 19 2012 - 4:18pm

Matilda Vasquez’s mother worked more than 10 years for a family that provided her no insurance or vacation time and “no rest,” she said. “That kind of abuse has to stop. We pay taxes like everybody else,” said Vasquez at a meeting on Wednesday at the Women’s Building in San Francisco to organize for a Jan. 24 march on Sacramento in support of the California Domestic Workers Bill of Rights, AB889.

Amid criticism, CSU tweaks presidential salary comparisons

Erica Perez, California Watch — Jan 18 2012 - 3:57pm

Responding to criticism from the Legislative Analyst’s Office and others, California State University officials have revised a proposed list of peer universities they plan to use to help set pay for campus executives. The new list, provided to California Watch, no longer considers Temple University in Pennsylvania a peer of San Diego State University because Temple has a medical school – a feature that tends to drive up the cost and complexity of university operations. Temple paid its president $536,000 in base pay in 2009-10.

Bay Area's urban planning must address public health, says study

Bernice Yeung, California Watch — Jan 16 2012 - 3:06pm

For nearly four years, Cassandra Martin lived in West Oakland, a few blocks from two freeways and the city’s port. This has made her an accidental expert on air pollution. “I used to wonder what that black stuff was on the windowsill,” said Martin, who was diagnosed with asthma in 2009. “I would constantly wipe the walls and windowsills, but it would get so caked with soot. That’s a reason I was wondering about particulate matter.”

Advocates launch campaign to get anti-trafficking bill on state ballot

Elena Shore, New America Media — Jan 12 2012 - 11:43am
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A campaign to get a new measure on the November ballot that would increase penalties against human traffickers in California launched Wednesday in San Francisco. The campaign, announced on National Human Trafficking Awareness Day, requires 800,000 signatures to make it into the state ballot. The California Against Sexual Exploitation (CASE) Act would increase prison terms and fines for human traffickers (up to $1.5 million, which would go to fund victim services), remove barriers to prosecute child sex traffickers, require convicted sex traffickers to register as sex offenders and disclose their Internet accounts, mandate training for law enforcement officers, and prohibit the use of the sexual history of trafficked victims in court.

Police catch kidnap suspect after monthlong human trafficking investigation

Jason Winshell, SF Public Press — Jan 9 2012 - 1:31pm

The arrest last week of a suspect in a violent San Francisco kidnapping capped a monthlong investigation headed by human trafficking and domestic violence officers from the Police Department’s revamped special victims unit. The case, police officials said, is one of the first fruits of a new collaborative approach emphasizing long-term investigations by officers across disciplines. The pursuit involved human trafficking investigators, who as recently as last summer were instead focusing much of their energy on arresting prostitutes on the street, leading some critics to say their efforts were counterproductive because they punished abuse victims.

100% ad-free news for the 99%

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.

As work conditions shift, inhumanity of immigrant labor becomes human rights concern

Alejandra Cuéllar, SF Public Press — Dec 27 2011 - 12:37pm

Gabriel Thompson worked alongside immigrants in the back of restaurants in New York City and in factories that produced some of the most basic foods in the American diet: lettuce and chicken. Not an immigrant himself, Thompson used his investigative reporting techniques to lift a veil on working conditions that many undocumented immigrants and low-income Americans face daily. His colleagues experienced excruciating soreness from physical labor. They had no employee benefits. And they had to do monotonous and repetitive work, which led to a high rate of injuries. Thompson’s one-year immersion into the lives of working immigrants, documented in his recent book, “Working in the Shadows,” comes at a time when working conditions are changing. The immigrant workers are leaving the workplace under pressure from law enforcement, a trend that is forcing the employers to look for new ways of attracting workers.

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.”

Muni operators deserve payout from settlement, says Mayor Lee

Jerold Chinn, SF Public Press — Dec 14 2011 - 5:04pm

San Francisco transit workers got an unexpected holiday bonus, of sorts, after winning back a contested $8 million in health care payouts that the city initially refused to give because it was trying to cut its 2011 budget. Mayor Ed Lee said Tuesday that he agreed with the decision by the San Francisco Municipal Transportation Agency to relinquish the funds to the Transport Workers Union 250-A.