The Quarterly Report: A brief synopsis of the news in San Francisco over the last three months. You are now reading “Slow News That Doesn’t Break” – the exotic internet.
Weather
April turned into May and now it is June. Summer in San Francisco has begun. Along the coast you often have a marine layer, otherwise known as fog. This marine layer will sometimes burn off in the afternoon and then we get the strong onshore northwest winds. It is a time for morning walks and afternoon kiteboarding. The surf season is pretty much over until the fall as most days the ocean is blown out. If you are visiting San Francisco, bring a light jacket and layers, maybe even a beanie. Summer is great time of year to walk along the Embarcadero or better yet to visit wine country where it is much warmer. If you have more time, head to mountains and enjoy the streams and lakes.

National Politics
Nothing to report on the national politics front that you probably do not already know. The news cycle is manufactured for the attention span of gnats. The current president is a cunning and treacherous man (pay not attention to that strange man behind the curtain). His weird notion that raising tariffs will bring back manufacturing is silly and naïve and more of a marketing play for some nostalgic bygone era. In the twentieth century, the growth of U.S. manufacturing was a decades-long process. We have sold all the manufacturing equipment to Mexico, China and Brazil (Punching Out – One Year in a Closing Auto Plant by Paul Clemens).
Matt Stoller in his Newsletter Big illuminates this slow news quite well.
In truth, America’s vast productive capacity was built on skill with machine tools, which are the specialized tools that cut, bore or bend metal. In the 20th century, it was America’s capacity to create factories that sparked the “arsenal of democracy,” and America led the world until the 1960s in machine tooling. We were a high productivity and high wage nation, and the basis was a fierce competitive drive to pull out costs in production as aggressively as possible, using our ability to wield machine tools creatively and cheaply.
China Is Not Why America Is Sputtering – Matt Stoller on Substack
In the 1980s the United States economy moved to finance and transferred power to Wall Street where the easy money is had and the people in power could make a quick buck. All the major industries: housing, healthcare, pharmaceuticals, banking, transportation are controlled by Wall Street. It is but a financial game where the oligarch leaders are the casino dealers and they get to count cards. Sorry for the buzz-kill Donald. Tariffs will simply be a tax on mostly poor people. Price inflation on consumer items will be the only result. The factories are not coming back. We are truly living in the Age of Delusion.
What is really happening, if one looks at the larger picture, is that we are in an economic state of Technofeudalism as outlined in Technofeudalism: What Killed Capitalism by Yanis Varoufakis. Big data now dominates our lives and we are unknowing serfs volunteering our time and energy for the oligarchs who rule the day. Pretty fair assessment. Yanis Varoufakis solutions are a bit overidealistic and impractical, but his birds-eye view of our modern economy is right on. Very chilling.
Another of Donald Trumps deplorable initiatives is deporting migrants, many whom are in the U.S. legally, and most who do not have a criminal record. Most are here to simply work, make $15-$20 an hour and send some money back home. This is all more than ironic as Mr. Trump is a convicted felon. Our supposed free press has done a deplorable job investigating Trump’s businesses hiring practices. It is common knowledge that people who do the grunt work in hotels, real estate and golf courses are often recent immigrants, often undocumented and living in the shadows. Where are you New York Times and Washington Post? It’s pathetic.
Local Politics
When you visit San Francisco this summer, you may be surprised that there are less unhoused people on the streets. Major Daniel Lurie has done a fine job getting them out of Civic Center, 5th Street and Market Street areas. Often times they do end up getting services and he has been creating more beds. Sometimes the unhoused simply move on to the next neighborhood. The Mission District around 16th Street has had a new influx of unhoused people. Indeed, they have made it five miles south of downtown all the way to the sidewalks of the Excelsior District where they camp out on a sidewalk with fifth of something and a cardboard sign pleading for mercy. We have seen this playbook before. However, I do give Mayor Lurie credit. The Civic Center is free of tents and Park & Rec are there with some cool games to play.

Sporting News
The Golden State Warriors made it to the playoffs but were trounced by the Minnesota Timberwolves. Steff Curry was injured. the team is getting a bit older and without the usual depth. As the saying goes: you can’t win them all.

As of this writing, the San Francisco Giants are playing well and just 2.5 games behind the Dodgers in a tough Western Division.

Road Repairs, Parking Tickets, Do Not Parks Signs and Other Treacherous Endeavors
I recently had to get a new set of tires after just four years for a car that rarely leaves San Francisco. Many of the roads in San Francisco are terrible. This is especially true in the less affluent parts of town.. The City tries but it is odd that high-traffic streets like Mission Street get very little love (this was once the “royal highway” where the early missionaries first traveled). It must be pretty high maintenance for the 14 and 49 Mission buses that bounce their way down the El Camino Real. Below are some of the photos of the roads that I took without even trying. There are worse spots on Mission Street. No bueno!
That is The Quarterly Report – June 2025
Some photos from the last few months.