Fiona Ma: Warriors boost economy, tax revenue

Even amid the transcendent joy of the Golden State Warriors’ NBA championship win, California’s tax officials are keeping their eye on the bottom line.

Fiona MaBoard of Equalization member Fiona Ma, whose district includes the Bay Area, issued a news release Wednesday morning noting that the championship ring comes with a monetary bonus for the players, meaning a modest increase in tax revenues for the state. But on a larger scale, as the series and victory reverberate through the economy – merchandise sold, extra hours for arena employees, restaurants and bars packed with fans – there’s even more money coming in.

Ma’s statement noted that $10 million might seem like a drop in the bucket of the state’s world-class economy, but that sum could hire 320 full-time employees at $15 per hour; open 100 small businesses; or buy for school supplies for 103,000 kids.

“The Warriors gave as good as they got throughout the entire season, and they’re bringing home a championship trophy,” Ma said in the news release. “Even better, they’ve made winners of us all, and I congratulate them on a stunning season! … Here’s to another win in 2016!”


Barbara Lee bets on Golden State Warriors win

Rep. Barbara Lee and Rep. Marcia Fudge have laid a friendly bet over the NBA Finals between the Golden State Warriors and the Cleveland Cavaliers.

If (ed. note: WHEN) the Warriors win, Fudge, D-Ohio, will send Lee chocolates, peanuts and pastries made in the heart of Cleveland. If (ed. note: impossibly) the Cavaliers win, Lee, D-Oakland, will supply Fudge with Clif bars, Ghirardelli chocolates, Peet’s coffee and an autographed photo of Stephen Curry, all in an Oaklandish tote bag.

Barbara Lee (Dec-2010)“The Cleveland Cavaliers are a good team but the Warriors will win this, hands down,” Lee said in her news release. “With the strong support of the East Bay and leadership of MVP Stephen Curry, I am confident of a Warrior’s win! While I am proud to put some of the East Bay’s finest products on the line for this friendly wager, I look forward to enjoying the sweetness of a hometown victory along with Cleveland treats from my friend, Congresswoman Fudge.”

Fudge replied the Warriors “are a strong team, but it’s time to end our city’s 50-year championship drought. The Cavaliers will be victorious. Led by Akron’s own LeBron James, the Cavaliers have been relentless in their pursuit of victory. All of Northeast Ohio is ‘all in’ and proud of their determination to bring the championship home. While confident in our victory, I proudly wager chocolates from Malley’s, peanuts from Peterson’s and pastries from Davis Bakery. These delectable foods are the best in the nation, just like our home team.”

UPDATE @ 2:48 P.M.: U.S. Senators Barbara Boxer and Dianne Feinstein have laid similar wagers with their Ohio counterparts.

Boxer put up Peet’s “Warriors Grounds” coffee and a case of Linden Street Brewery’s “New Oakland Glow” pilsner against beer that U.S. Sen. Sherrod Brown, D-Ohio, will provide from Akron’s Hoppin’ Frog Brewery. The loser will deliver the bounty to the winner’s office while wearing a jersey from the victor’s team.

“The Golden State Warriors have been the best team in basketball all season long because of their selfless style of play and some of the best shooting that the NBA has ever seen,” Boxer said. “LeBron James is a huge talent, but he’s no match for Stephen and Riley Curry!”

And Feinstein bet some California Chardonnay and Cabernet Sauvignon against some of Cleveland’s Great Lakes beer on offer by U.S. Sen. Rob Portman, R-Ohio.

“As mayor of San Francisco, I wagered with my fellow mayors on the Super Bowl and my 49ers came out on top four times. As senator, I bet on the World Series with my colleagues, and my Giants have been victorious three times in the last five years,” Feinstein said. “Now, I’m looking forward to yet another streak as the Golden State Warriors play the Cleveland Cavaliers in the NBA Finals. … With Klay Thompson’s shooting and Andrew Bogut’s defense, not to mention Steph Curry’s MVP talent, this squad is set to bring another trophy to the Bay Area.”


Lawmakers to honor African-American leaders

The California Legislative Black Caucus will be honoring several pioneers in an Assembly floor ceremony Thursday morning as part of Black History Month.

“It is only appropriate that the Assembly show its appreciation for their distinguished careers and contributions toward improving the quality of life for the people of California,” caucus chairman Assemblyman Sandré Swanson, D-Alameda, said today.

“At the end of the day, Black history is America’s history, and it is a fundamental part of our heritage as Americans. This month is an opportunity to share our history, our heritage, and our legends. It reminds us of what people can accomplish, and inspires the next generation of young Americans to even greater accomplishments.”

Follow me after the jump for a list of the honorees…
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Willie Brown opines on Obama v. Clinton, 49ers

Former San Francisco Mayor and Assembly Speaker Willie Brown talked to the Bay Area Council‘s 2008 Outlook Conference today, aboard the U.S.S. Hornet in Alameda, about the presidential race.

On Barack Obama‘s controversial comments at an April 6 fundraiser in San Francisco, suggesting working-class people are bitter about their economic lot and “cling to guns and religion” as a result, Brown said this “frankly was probably an accurate comment.” But he said Obama should’ve realized a poor choice of words to express his sentiment, even if spoken before a small, no-press crowd in a private home in California, could be broadcast worldwide.
Brown said the race for the Democratic nomination is “still open season… At the moment, I don’t think you can pick a winner.” But “if you were a betting person, at this stage of the game, you’d have to be on Obama,” who is in the lead after coming from behind a presumptive frontrunner, and who offers a vibrant, future-oriented message.

Brown said he thought when the race began that if Hillary Clinton remained respectful of Obama and her other rivals for the nomination, she would win. “I did not beleive it made any sense to assume that instead of primary campaigns there would be coronations.” Obama, he said, has proved to be “a fabulous, qualified human being who also has lots of flavor about him;” his campaign proved to be savvy by not immediately gravitating to traditionally black forums and communities, but rather appealing from the start to as broad a demographic base as possible.

A ticket with both Clinton and Obama is “not possible at all,” Brown opined; their policies and approaches to politics are too different. “Obama is really part of a whole new thing that’s going on out there in the world of politics.”

More from Willie Brown, though not about the presidential race, after the jump… Continue Reading