. >>> willie ratcliff, san francisco daily newspaper. and i'm certainly glad that this hearing is being held. i've heard a lot of good things. it just seems like nobody talks about the real problem. it's cause and effect. how much money does the african-american, latino community, the samoan community get out of the capital project? what is the unemployment rate of the same people that we're talking about? where do you spend your money? because you can't wait till a kid gets to school then all of a sudden he's going to do something and they come up with no money in their house, home. for the parents to help kid. and that's the city and the school district. take a look at how much money that went towards communities that we are talking about. it's cause and effect. if you don't put the money out there in those communities, look what happened out at the school, tearing down the willie brown academy. no blacks. and then you get out here and talk about everything else, but cannot talk about the real problem. the real problem is it's discrimi

daily news" which was at the time something called a hyperlocal newspaper. was very successful at the time. my question is this comment about 100 possible news sites in san francisco, low cost of entry, low barriers come easy to use tools, no union, on a non. i wonder if the diffusion of interest of so many places is going to essentially always make it impossible for a single place to be financially viable on its own and impossible for professional journalism to exist, as in people can make a living wage as a journalist. if there are so many easy ways of getting so much news out that no single place can actually exist financially. i do not have a particular person. >> it is a great question. when i joined marketwatch 12 years ago, we had a free-lance rate of $300 per story, which was viewed as semi-obscene by people who wrote for newspapers or magazines, which will often pay several thousand dollars for a peace, and thinking part of it was we did not have a lot of money. part of it was stories had a much shorter shelf life than something on a magazine, and over the course of 12 years, we have gradually climbed about $500 as we made more money and brought in a stro