BIG LABOR SELLS OUT

Details of a back room deal between Miami-based Lennar Corporation (LEN) and the San Francisco Labor Council (Big Labor), ACORN, and SFOP were finally released Tuesday in the San Francisco Chronicle. Top Big Labor Boss, Tim Paulson lauded the deal saying,
"We negotiated extremely aggressively to make sure this deal provides the greatest amount of affordable housing in the history of San Francisco if not the state."

But the details of Lennar's latest promises does not bring much, if any, added value and the political implications of the deal could spell disaster for San Francisco's most vulnerable neighborhoods.

Lennar certainly got what they want out of the smoke-filled room --headlines lauding their 'historic' levels of 'affordability' and political support from some big time political players. But what did the people of San Francisco and Bayview Hunters Point receive?

MORE:
http://www.fogcityjournal.com/wordpress/2008/05/22/big-labor-sells-out/#more-475