Posts Tagged ‘Jose Cisneros’

Supervisor John Avalos To Hold Hearing October 24th on Local Banking Options and Alternatives to National Banks

Friday, October 21st, 2011

Bright and early Monday morning at City Hall:

“Supervisor John Avalos To Hold Hearing on Local Banking Options and Alternatives to Corporate Banks

San Francisco, CA –  Supervisor John Avalos, Chair of the City Operations and Neighborhood Services Committee will hold a hearing on local alternatives to corporate banking institutions.

WHAT: Hearing on Local Banking Options
WHEN: Monday, October 24, 10am
WHERE: City Hall, Board Chamber
WHO:  Committee Members, Treasurer Jose Cisneros, Budget and Legislative Analyst Office, Community groups

“Wall Street speculators and large banks crashed our economy and have done little to nothing to help since we bailed them out,” said Avalos.  “As a city, we need to make sure that we are leveraging all our resources and wealth to support our revitalize our economy by supporting our homeowners, small businesses, and students.”

The hearing will include a presentation from the City’s Office of Budget and Legislative Analyst, who has prepared at report on community supportive banking alternatives at the behest of Supervisor Avalos whose District faces one of the highest rates of foreclosure in the City.

The alternatives outlined in the report range from investing in community development banks to creating a Municipal Bank to serve the City of San Francisco in much the same way the Bank of North Dakota has spurred local development in that state.”

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Will the “PayDayPlus SF” Program be a Better Place to get a Loan Against Your Paycheck? Yes!

Monday, December 14th, 2009

From Mission Mission, the website so nice they named it twice, comes word of the new PayDayPlus SF program. The upshot: If you ever need money before your paycheck comes, you can get an emergency loan from a San Francisco credit union instead of a regular payday loan place:

“Sold to consumers as short-term relief during a cash crunch, pay day loans carry interest rates of over 400 percent and catch working people with a steady source of income in a long-term debt trap. On December 17th at 11:30am, San Francisco City leaders, in partnership with local credit unions, will help relieve this burden on hardworking San Franciscans by launching PayDayPlus SF, a low cost emergency loan available to City residents at 13 locations.”

Does the Money Mart at 7th and Market actually charge more than 400% interest when it gives you a payday loan? No se, but I’m betting you’ll get much better terms from PDP SF.

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A lively late-night scene in Mid Market.

Mark your calendars for Thursday, December 17th, 2009 – that’s the day we’ll get all the deets on PayDayPlus San Francisco.

How will it compare with this outfit from down south or the Check-Cashing King of the Mission? Stay tuned….

Springing the Debt Trap — for San Franciscans and Californians

Launch of PayDayPlus SF Followed by a Panel Discussion

Sold to consumers as short-term relief during a cash crunch, pay day loans carry interest rates of over 400 percent and catch working people with a steady source of income in a long-term debt trap.

On December 17th at 11:30am, San Francisco City leaders, in partnership with local credit unions, will help relieve this burden on hardworking San Franciscans by launching PayDayPlus SF, a low cost emergency loan available to City residents at 13 locations. and Mayor Gavin Newsom, stay to participate in a community conversation about PayDayPlus SF and learn how you can spread the word to San Franciscans about this new low cost loan to help weather tough economic times. You will also learn more about the problems caused by conventional pay day loans and how your organization can help push for proposed financial empowerment solutions that are moving forward in Washington, DC and Sacramento.

A community conversation following a joint press conference with City Treasurer José Cisneros

Participants
José Cisneros
City Treasurer of San Francisco

Paul Leonard
California Office Director, Center for Responsible Lending

Luis Granados
Mission Economic Development Association

Olivia Calderon
Legislative Director, California Asset Building Program, New America Foundation

Steven Stapp
President and CEO, San Francisco Federal Credit Union

Anne Stuhldreher
Fellow, California Asset Building Program, New America Foundation

San Francisco Democrats Boo Gov. Arnold Schwarzenegger at Gala – How Wude!

Wednesday, October 7th, 2009

Pity poor Governor Arnold Schwarzenegger – tonight he crashed the annual San Francisco Democratic Party Fundraising Gala and Auction at the Fairmont Hotel atop Nob Hill and he was rewarded with a loud round of booing.

Poor guy. Did Assemblymember Tom Ammiano spontaneously yell, “You lie” at Arnold, ala Congressman Joe Wilson? Haha!

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The evening captured via Francis Tsang’s BlackBerry

Per SF FYI Net:

San Francisco Democratic Party – Onward to Victory Gala 2009
When: October 7, 2009 – Wednesday
5:30 p.m. Cocktails and Auction
7:00 p.m. Dinner and Program
Where: The Fairmont Hotel, 950 Mason Street, San Francisco
What: San Francisco Democratic Party’s Annual Gala Fund Raiser. Many voices – one vision. Funds raised at the gala will directly support voter registration and get-out-the-vote activities to ensure that we elect a Democratic governor in 2010. $150.