{"id":1782722,"date":"2022-12-21T11:03:38","date_gmt":"2022-12-21T16:03:38","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1782722"},"modified":"2022-12-21T11:03:41","modified_gmt":"2022-12-21T16:03:41","slug":"read-it-ex-san-francisco-entrepreneur-provides-translation-of-mayors-politician-speak-about-struggling-city","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/read-it-ex-san-francisco-entrepreneur-provides-translation-of-mayors-politician-speak-about-struggling-city\/","title":{"rendered":"READ IT: Ex-San Francisco Entrepreneur Provides \u2018Translation\u2019 Of Mayor\u2019s \u2018Politician-Speak\u2019 About Struggling City"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fread-it-ex-san-francisco-entrepreneur-provides-translation-of-mayors-politician-speak-about-struggling-city%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1782722&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><a href=\"http:\/\/dailywire.com\/topic\/technology\" target=\"_blank\" rel=\"noopener\">Technology<\/a> entrepreneur Joe Lonsdale provided a \u201ctranslation\u201d of a statement from <a href=\"http:\/\/dailywire.com\/topic\/san-francisco\" target=\"_blank\" rel=\"noopener\">San Francisco<\/a> Democratic Mayor <a href=\"https:\/\/www.dailywire.com\/topic\/london-breed\" target=\"_blank\" rel=\"noopener\">London Breed<\/a> regarding the city\u2019s collapsing tax base and budget woes.<\/p>\n<p>Lonsdale attended Stanford University and launched Palantir, a defense software company, before starting venture capital fund 8VC. The libertarian-leaning executive said he <a href=\"https:\/\/twitter.com\/JTLonsdale\/status\/1324824664804347904?s=20\" target=\"_blank\" rel=\"noopener\">moved<\/a> the company from San Francisco to Austin two years ago because the Texas metropolis is more \u201ctolerant of ideological diversity.\u201d<\/p>\n<p>In reaction to a social media thread from Breed in which she lamented San Francisco\u2019s difficulties in funding government operations, Lonsdale <a href=\"https:\/\/twitter.com\/JTLonsdale\/status\/1605078463098281985\" target=\"_blank\" rel=\"noopener\">offered<\/a> a \u201clittle translation\u201d for those who cannot follow \u201cCalifornia politician-speak.\u201d<\/p>\n<p>When Breed said that the \u201cstructure\u201d of downtown San Francisco has \u201cshifted,\u201d Lonsdale translated the statement to mean \u201cdozens of businesses have fled\u201d because \u201ctheir workers are terrified of being assaulted\u201d by \u201ccriminals and mentally-ill homeless.\u201d Indeed, an influx of homeless residents occurred as a $160 million <a href=\"https:\/\/www.dailywire.com\/news\/san-francisco-has-spent-billions-to-end-homelessness-and-its-been-a-total-disaster\" target=\"_blank\" rel=\"noopener\">program<\/a> offered them shelter in local hotels: there are now 56% more homeless people in the city since the initiative began.<\/p>\n<p>Breed also chalked up the city\u2019s rapidly expanding budget deficit to the loss of FEMA funding received during the COVID outbreak and the lockdown-induced recession. As Lonsdale translated: \u201cWe used emergency money to operate the government, and without a permanent emergency, our city\u2019s budget collapsed.\u201d The second reason for the deficit, according to Breed, was a decline in business taxes and property taxes. Lonsdale\u2019s translation: \u201cIt turns out that when businesses flee your city, they take the money with them! We didn\u2019t consider this before we ran them off.\u201d<\/p>\n<p>Businesses such as <a href=\"https:\/\/www.dailywire.com\/news\/walgreens-now-closing-stores-in-san-francisco-following-retail-theft-spike\" target=\"_blank\" rel=\"noopener\">Walgreens<\/a> have closed several locations in the city, while retailers such as <a href=\"https:\/\/www.dailywire.com\/news\/best-buy-is-worried-about-san-francisco-employees-quitting-getting-traumatized-thanks-to-frequent-thefts\" target=\"_blank\" rel=\"noopener\">Best Buy<\/a> have been struggling with safety issues related to organized retail crime. Silicon Valley technology companies such as Tesla, Oracle, and Hewlett-Packard Enterprise were among the 352 companies that moved their headquarters from Northern California over the past four years, according to a <a href=\"https:\/\/www.hoover.org\/sites\/default\/files\/research\/docs\/21117-Ohanian-Vranich-4_0.pdf\" target=\"_blank\" rel=\"noopener\">report<\/a> from the Hoover Institution. As many as 25 million square feet of commercial real estate in San Francisco are currently <a href=\"https:\/\/www.dailywire.com\/news\/the-commercial-real-estate-crash-coming-to-san-francisco\" target=\"_blank\" rel=\"noopener\">vacant<\/a>.<\/p>\n<p>Breed said \u201cfocusing on public safety\u201d is critical for \u201cworking with our business community to attract and retain companies and new industries.\u201d Lonsdale said he is \u201cskeptical\u201d about the policy change since public safety means \u201cyou have to actually arrest, prosecute, and incarcerate serial criminals.\u201d<\/p>\n<p>Beyond issues related to the city\u2019s large homeless population and drug use, storeowners have left San Francisco since the state <a href=\"https:\/\/www.dailywire.com\/news\/descended-into-a-city-of-chaos-ceo-closes-san-francisco-store-scorches-liberal-citys-lawlessness\" target=\"_blank\" rel=\"noopener\">reduced<\/a> the penalty for shoplifting under $950 worth of goods. Countless viral videos have shown shoplifters emptying store shelves into garbage bags and walking out as security guards helplessly watch.<\/p>\n<p>The San Francisco Police Department, however, recently <a href=\"https:\/\/www.dailywire.com\/news\/san-francisco-police-secretly-deployed-at-stores-to-catch-shoplifters\" target=\"_blank\" rel=\"noopener\">announced<\/a> that it had deployed officers in stores across the city to apprehend shoplifters. Former San Francisco District Attorney Chesa Boudin, who likewise eliminated cash bail, was <a href=\"https:\/\/www.dailywire.com\/news\/chesa-boudin-soft-on-crime-son-of-terror-group-members-bitter-after-recall-as-san-francisco-da\" target=\"_blank\" rel=\"noopener\">successfully recalled<\/a> earlier this year by the city\u2019s voters.<\/p>\n<p>The developments, however, might be too insufficient to save the metropolis: nearly 8% of residents plan to move elsewhere within the next year, surging past every other major American city, according to <a href=\"https:\/\/www.dailywire.com\/news\/more-than-40-of-san-francisco-residents-planning-to-leave-deteriorating-city-poll\" target=\"_blank\" rel=\"noopener\">data<\/a> from the Census Bureau.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Technology entrepreneur Joe Lonsdale provided a \u201ctranslation\u201d of a statement from San Francisco Democratic Mayor London Breed regarding the city\u2019s collapsing tax base and budget woes. Lonsdale attended Stanford University and launched Palantir, a defense software company, before starting venture capital fund 8VC. The libertarian-leaning executive said he moved the company from San Francisco to &#8230;<\/p>\n","protected":false},"author":99,"featured_media":1782725,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[10870,10872,6962,4432,5269,6202,5995,10871,4641,7454,6405,10838,4805,5369,6195],"class_list":["post-1782722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire","tag-politician-speak","tag-translation","tag-the","tag-about","tag-city","tag-daily","tag-entrepreneur","tag-ex-san","tag-francisco","tag-it","tag-mayors","tag-provides","tag-read","tag-struggling","tag-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1782722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/99"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1782722"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1782722\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1782725"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1782722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1782722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1782722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}