Bay Area
Peace Be Still Markets In Turmoil
On March 16, 2020, the Dow Jones Industrial Average recorded its worst lost since 1987.
According to CNN, “US stocks ended sharply lower on Monday, with the Dow posting its worst point drop in history and falling to its lowest level in nearly three years. Worries mounted that central banks’ emergency measures over the weekend meant the economy is in much worse shape than previously believed.”
In 1987 we had the failure of the Savings and Loan industry where 1,043 out of 3,234 Savings and Loans associations collapsed. During this time, I worked for American Savings and Loan Association. Going back to the days of Charles Knapp, and Charles H. Keating, Sr., the Savings and Loan industry rocked the NYSE to its knees and triggered an economic environment that dismantled the Savings and Loan industry.
In 1987, the S & L debacle was a man-made disaster. This time is different because this is a biohazard, which makes the market collapse much worse as this is not about financial corruption, an issue that can be contained with regulations and legislation, such as the Dodd-Frank Wall Street Act.
The Dodd-Frank Wall Street Reform and Consumer Protection Act is a massive piece of financial reform legislation passed during the Obama administration in 2010 as a response to the financial crisis of 2008. What is of noteworthy importance is that President Trump sought to repeal measures of the act. Dodd-Frank was designed to protect consumers.
Trump with his penchant for dismantling established organizations exacerbated the current pandemic in that Trump and John Bolton, then head of the National Security Council, dismantled the White House’s National Security Council Directorate for Global Health Security and Biodefense, the team in charge of pandemic response, firing Tom Bossert, head of homeland security, and disbanding the team in the spring of 2018. Cuts in the budget for the Centers for Disease Control and Prevention (CDC) made it clear that the Trump administration didn’t deem the federal government’s ability to respond to disease outbreaks important.
So, when a virus comes to town and rocks your financial markets, we need community resolution, as thus far, we cannot depend on the federal government.
I have a word for my millennials, “Don’t be labeled a consumer, be labeled an investor.” Today, the market is acting like “Boyz In The Hood.” Don’t let the white shirts fool you, and don’t let the gentile language lull you to sleep. Save and invest your money.
Learn about the stock market and get a grip on your emotions. I remember once a young lady said to me, “I want to open an account with you, and I want my first purchase to be Jamba Juice, because I like it.” An investment must transcend beyond your emotions. It must drift into the layer of technical and fundamental analysis; that’s a future discussion.
If you have any questions or comments, please feel free to contact Curtis O. Robinson, Sr. at, pastorcurt@thefaithbcofoakland.org.
Alameda County
Candidates Barbara Lee and Loren Taylor Raise Nearly $550,000 Combined for April 15 Mayor’s Race
According to their campaign filings, Lee has raised $293,000 and Taylor $253,000. Under campaign laws, individual contributions to candidate-controlled committees are capped at $650 per person and $1,300 for committees representing groups of people. Both candidates are receiving support from an independent expenditure committee, which can spend money to oppose or support a candidate but is not allowed to coordinate with them. These committees have no cap on what they can raise and spend.

By Post Staff
Since January, the two highest profile mayoral candidates – former Congresswoman Barbara Lee and former Oakland City Councilmember Loren Taylor – have raised nearly $550,000 combined for the April 15 special election.
According to their campaign filings, Lee has raised $293,000 and Taylor $253,000.
Under campaign laws, individual contributions to candidate-controlled committees are capped at $650 per person and $1,300 for committees representing groups of people.
Both candidates are receiving support from an independent expenditure committee, which can spend money to oppose or support a candidate but is not allowed to coordinate with them. These committees have no cap on what they can raise and spend.
Among Lee’s more well-known backers are:
- Seth Olyer, president of Oakland’s fire union
- The Alameda Labor Council PAC
- IFPTE Local 21
- IBEW Local 595
- Oakland Education Association PAC
- SEIU Local 1021
- Civil rights lawyer John Burris
- William Crotinger, president of Argent Materials
- Former Oakland Mayor Elihu Harris
- Acts Full Gospel Church Bishop Bob Jackson
- Former San Francisco Mayor Willie Brown
Two independent expenditure committees are backing Lee. “Citizens For A Brighter Oakland Future” has raised $25,225, mostly from Raymond Gallagher, founder of Scott’s Seafood Grill and Bar.
The other committee, “Supporters of Barbara Lee for Oakland Mayor 2025, A Coalition Of Business, Labor and Public Safety Organizations for a Better Oakland,” has raised over $168,000. Contributors mostly include unions, such as SEIU Local 1021 and IFPTE Local 21, which represent city workers. Other funds come from the billboard company Foster Interstate Media and PG&E.
Taylor’s prominent backers:
- Former Alameda County judge Brenda Harbin-Forte, who led the campaign to recall Mayor Sheng Thao last year and lost her race to become city attorney
- Former Alameda County DA Nancy O’Malley
- Alexandria Medina, executive director of the Oakland Public Education Fund
- Landlord and activist Chris Moore, who ran unsuccessfully last year for a position on the county board of supervisors
- Jackie Ray, director of government affairs at Clorox
- Former state senator Joe Simitian
- John Wayland, developer with Holland Partner Group
- Sachin Agarwal, the director of GrowSF.
- Ryan Graciano, co-founder of Credit Karma
Two independent expenditure committees are supporting Taylor. “Oakland Neighbors, Businesses & Public Safety Advocates for Loren Taylor for Mayor and against Barbara Lee.” Though this this committee has not filed a list of contributions and expenditures for 2025, it has reported three big contributions, $25,000 from real estate developer Ronald Nahas; $10,000 from Charles Freiburg, co-founder of the Life Insurance Consumer Advocacy Center; and $1,000 from Derek Benham, owner of a wine company.
Activism
Oakland Post: Week of March 19 – 25, 2025
The printed Weekly Edition of the Oakland Post: Week of March 19 – 25, 2025

To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.
Activism
San Francisco Is Investing Millions to Address Food Insecurity. Is Oakland Doing the Same?
There are over 350 grocery programs across San Francisco. Less than a handful in District 10, a neighborhood classified as a food desert, and includes Hunters Point, one of the lowest income areas in the city.

By Magaly Muñoz
On a Thursday evening in February, Marquez Boyd walked along the aisles of San Francisco’s District 10 Community Market looking for eggs and fresh produce to take home to his children. He has been trying new recipes with ingredients he previously couldn’t afford or access.
“I learned how to cook greens since they got a lot of fresh greens here,” Boyd said. “All that stuff is better and more healthy for my kids because they’re still young.”
Meals filled with fresh produce are now possible for Boyd since the District 10 market in Hunters Point opened in 2024 when Bayview Senior Services, a non-profit running the program, received a $5 million investment from the city of San Francisco.
The market is a twist on a traditional food bank, where people can often wait in long lines for pre-bagged groceries they may not need. Here, the goal is to offer people in need a more traditional grocery store setting, with a bigger range of healthy options and less shame for needing assistance.
It’s a twist that Boyd appreciated. “This set up is way better as opposed to maybe like a food bank line,” he said. “It’s easier and faster.”
Similar models exist in Santa Barbara and Tennessee.
There are over 350 grocery programs across San Francisco. Less than a handful in District 10, a neighborhood classified as a food desert, and includes Hunters Point, one of the lowest income areas in the city.
Census Bureau data show that the median income for households in the 94124 zip code, where Hunters Point is located, is just under $83,000 annually. Black households earn about $46,000, Native Hawaiian or other Pacific Islanders earn almost $41,000, and Hispanic households make just above the median income- an average of $86,000.
Located at 5030 3rd Street, the aisles are lined with fresh produce, canned goods, bread and snacks. While refrigerators and freezers in the back of the market are filled with dairy products and meat.
The best part- everything inside is free for eligible customers.

The San Francisco District 10 Community Market is stocked with fresh produce, dairy, meat and chicken, bread, and cultural food staples. Directors of the market say they pride themselves on providing healthy options for community members. Photo by Magaly Muñoz.
“The interesting thing about this market is that it’s a city-funded effort to create something besides the average food line to give more dignity and choice than is normally given to low-income people,” said Cathy Davis, executive director of Bayview Senior Services.
Davis said people feel more comfortable coming into the market because they can choose the food they want and at a time that’s convenient for them.
Boyd, a single father of two kids, recently lost his job and relied on his sister’s generosity before discovering the market. He comes to market when he gets off of work in the evening.
“It’s a lot of people in these communities that don’t get a chance to eat healthy,” Boyd said. “They don’t have the money to go to grocery stores to buy expensive stuff.”
Another shopper, Rhonda Hudson, said the market helped her meet her grandson’s diet-related health problems. She used to travel outside the neighborhood for affordable groceries, but now she no longer has to.
According to the city’s Human Services Agency, there are no plans to expand the markets in San Francisco due to budget constraints.
But Davis isn’t worried about losing the market funding.
“City leaders were on board with creating it and finding the money to put it together so I would say we didn’t have to advocate because it came through the government. Now it’s our job to keep it going to prove that it’s a pilot worth maintaining,” Davis said.
District 10 Supervisor Shamann Walton, who co-sponsored the ordinance, said that projects like the market are “essential to our neighborhoods,” where access to affordable food has been a challenge.
“Investing in local community markets helps ensure that families have reliable, healthy food options close to home, addressing food insecurity and supporting the well-being of our community regardless of income,” Walton said.

Rhonda Hudson is a shopper of the District 10 Community Market in San Francisco. The fresh produce she gets at the free grocery store program helps her grandson, who has a diet-related illness, stay healthy. Photo by Magaly Muñoz.
Why Not Oakland?
Only slightly larger than San Francisco, Oakland has over 400 food distribution sites. Oakland provides grants to nonprofit-run organizations who run grocery programs. But in recent months, the city has begun to reduce those, forcing some organizations to regroup, and making it challenging to implement a community market similar to San Francisco’s.
The Oakland Post repeatedly reached out to city and county officials for comment on the story but did not receive a response.
At several food banks across West and East Oakland, residents shared their frustrations about long lines, wilting produce, and limited food choices.
At one food bank, located at Christian Tabernacle Church, a young mother, who requested anonymity for privacy reasons, waited in the rain for over three hours for a single bag of groceries.
“I like to get here early because I get better [quality] fruits and vegetables,” she said. She added that it’s not a lot of food that she receives for her family, but it helps close the gap when her budget is tight.
Behind her, several other women waited their turn. Neither the timing of the distribution nor the location of the food bank fit their schedules, the women said, but their choices feel limited.
Only a handful of Oakland food bank sites operate throughout the day, like the San Francisco market. Most food distribution programs are sustained by Alameda County Food Bank, not by city funding. Private grants and donations also help fund the programs.
Securing city funding is increasingly challenging. Oakland faces a $130 million budget shortfall, with a projected $280 million deficit in the next biennial cycle. Citing budget concerns, the city has reduced numerous department budgets and grants. One of those cuts included slashing the longstanding SOS Meals on Wheels grant, which helped provide food to 3,000 seniors.
Charlie Deterline, executive director of Meals on Wheels, said the termination of their $150,000 annual grant could mean that Oakland residents might see a change in the amount of meals they receive. The organization has gone 19 months without funding from that grant, Deterline said, but “continued working on good faith from the city” because they were assured they would be paid out. Now, Deterline is having doubts.
The program also received a grant of more than $125,000 from the Sugar Sweetened Beverage Tax. Yet, on June 12, the city informed grant recipients that the funding could be rescinded in order to balance the budget. That ultimately happened, said Deterline.
“Oakland is by far the most expensive city for us to operate in. It is also where the greatest need is – for us to meet that need, it will take the entire community coming together,” Deterline said.
From the sugar tax, money from that measure is also not being allocated correctly as the majority of the funding has been used to fund government services, said members of the SSB tax advisory board.
The tax generates around $7 million annually. 25% to 40% of the funding goes towards grants for community based organizations instead of the 60% allocation that the SSBT advisory board recommended the city to use for health programs. The rest of the funding goes to the city, according to Oakland’s mid-cycle budget.
Advisory board member Dwayne Aikens said he’s not sure Oakland will ever renew the grants that have been cut from this tax. “I’m looking at the conditions of the city and I’m not optimistic,” Aikens said. “If they don’t have the money now, I don’t think they’ll have the money in the future.”
Aikens said the tax was “kind of a waste.” He’s heard displeasure from the community about the lack of funding into Black and Brown neighborhoods, groups who typically live in areas of Oakland that see health and income disparities.
Meanwhile, the Community Market, which reflects the diversity of the Bayview Hunters Point community, is investing in over 800 of the city’s most vulnerable households. In-store staff and directors speak the languages common to the area and the program provides a culture-of-the week selection of foods for those interested in trying something new.
Davis said it’s up to local municipalities to ensure that residents don’t go to bed hungry, and investments need to be made in order to combat the pockets of neighborhoods who are on the brink of food insecurity.
“That’s just such a core responsibility and a core goal of everyone, to make sure that people are fed and healthy. It’s not a luxury item,” Davis said. “It’s something that needs to happen, whether we’re in a budget crisis or not.”
Reporter Magaly Muñoz produced this story as part of a series as a 2024 USC Annenberg Center for Health Journalism Data Fellow and Engagement Grantee.
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