At the press conference explaining the settlement between the City of Oakland and the Oakland Housing Authority I talked with District 2 Councilmember Pat Kernighan about Oakland's Economic Crisis. In our talk, she explained that $38 million was cut from the budget, but that she expects to see a shortfall of about $50 million by the spring of 2009.
She explains there was "no choice" in the cutting decisions that were made. Either layoff people or everyone takes a paycut. They opted for the latter.
On a happy note, we talked about how Lakeshore had revived, the Grand Lake Market on Saturdays as well as Trader Joe's and the number of new restaurants opening in downtown Oakland. This talk was before the BART shooting, as a note.
Alex Castro, is currently Vice President Of Product Management At Electronic Arts, and a fairly-well-known and legendary tech executive, regularly quoted in a number of industry publications. But Alex Castro’s also an Oakland resident who has the terrible habit of going online, making traceble email accounts from his Electronic Arts office, and posing as someone […] from WordPress http://ift.tt/1fVkWP9 via IFTTT
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