Looking for a long read? I recommend this article by Ellen Cushing in the East Bay Express on the enormous wealth, particularly among young people, concentrated in the San Francisco Bay Area thanks to the technology bubble.
All the news of the trappings of great wealth isn’t good, and not just because of the profligate spending. One theme is a potential lack of philanthropic zeal among the new money equivalent to that shown by people with older money.
I couldn’t help but read the article in the context of current Arkansas political events.
I ask you: Would all the young tech tycoons depicted in this article — given two months worth of news coverage of the Arkansas legislature — want to be here rather than in high-tax California? If not, why not?
Also: Where are the tycoons of Little Rock who’d pay to make an art project of Buddy’s Broadway Bridge like the tech moguls have underwritten on the Bay Bridge? (There, the article notes, the LED light show on the bridge is visible only from the San Francisco side of the bay. Maybe Judge Buddy could talk Frank Fletcher into lighting up the replacement Broadway bridge in a manner visible only from the shores of Dogtown. That’d show the elitists from South Dogtown once and for all.)