Sen. Feinstein Calls Out S.F. Tech CEOs for Lack of Civic Engagement

By Scott Shafer : KQED – excerpt

U.S. Sen. Dianne Feinstein thinks too many high-tech company leaders in San Francisco are disengaged from local charitable causes, compared with corporate titans of the past…

“What I see as the downside, to be very candid, is I don’t see tech as very civically involved, and I think they have to be,” Feinstein said. “Like when I was mayor, the CEOs of the big banks — I could go in and ask them to help with any civic cause. Cross my heart. I never got a ‘no.’ Bank of America, Wells (Fargo) — all of them said ‘yes.’ ”…

I don’t understand it, to be honest with you,” Feinstein said. “It’s a much more reserved world, sort of a world apart. I have had occasion to meet with some of the tech leaders, and I guess they’re like any other group of people. There are some that want to be helpful, and there are some that don’t.”

Feinstein proclaimed her strong support for San Francisco’s Proposition C, which would tax the city’s wealthiest companies to raise an estimated $300 million a year to combat homelessness…

“I’m for it, because we have to help,” she said. “We don’t have a choice. When you see someone lying — and I just did — on a hot sidewalk sleeping with nothing. That’s not the United States of America.”

Proposition C, one of the most controversial issues on the local ballot this November, is supported by homeless advocates, San Francisco U.S Rep. Nancy Pelosi and Salesforce CEO Marc Benioff. But it’s opposed by Mayor London Breed and other local officials who say the measure doesn’t include a solid plan on how to spend the money…(more)

Housing Authority seeking HUD’s help to close ‘distressful’ $29.5M shortfall: This looks like a good place for the Prop C funds to start with. One would think the Mayor would welcome such a solution to this problem. No more taxes for the residents, just a slightly higher tax on the corporate windfalls that are looking for places to invest. Let them cover for the housing shortage many feel they are responsible for.



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