{"id":5137,"date":"2021-05-12T05:00:00","date_gmt":"2021-05-12T12:00:00","guid":{"rendered":"https:\/\/goldmanstate.com\/?p=5137"},"modified":"2021-05-12T08:24:08","modified_gmt":"2021-05-12T15:24:08","slug":"odds-trends-brylcream-gavin-and-the-amazing-city-council-pay-raise","status":"publish","type":"post","link":"https:\/\/goldmanstate.com\/2021\/05\/12\/odds-trends-brylcream-gavin-and-the-amazing-city-council-pay-raise\/","title":{"rendered":"Odds &#038; Trends: Brylcream, Gavin and the Amazing City Council Pay Raise"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.6.0&#8243; custom_padding=&#8221;19px||23px|||&#8221;][et_pb_row _builder_version=&#8221;4.4.7&#8243; global_module=&#8221;2637&#8243; saved_tabs=&#8221;all&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.4.7&#8243;][et_pb_image src=&#8221;https:\/\/goldmanstate.com\/wp-content\/uploads\/2020\/05\/GPB-Bank-Local-Banner.jpg&#8221; title_text=&#8221;GPB-Bank-Local-Banner&#8221; url=&#8221;https:\/\/www.goldenpacificbank.com\/&#8221; url_new_window=&#8221;on&#8221; align=&#8221;center&#8221; _builder_version=&#8221;4.9.0&#8243;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.0.1&#8243; min_height=&#8221;114px&#8221; custom_padding=&#8221;17px||2px|||&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.0.1&#8243;][et_pb_post_title title=&#8221;off&#8221; author=&#8221;off&#8221; categories=&#8221;off&#8221; comments=&#8221;off&#8221; featured_image=&#8221;off&#8221; _builder_version=&#8221;4.0.2&#8243; meta_font=&#8221;|700|on||||||&#8221; meta_text_align=&#8221;center&#8221; meta_text_color=&#8221;#ff0000&#8243; custom_margin=&#8221;||0px||false|false&#8221; custom_padding=&#8221;||0px||false|false&#8221;][\/et_pb_post_title][et_pb_post_title meta=&#8221;off&#8221; featured_image=&#8221;off&#8221; _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; title_font=&#8221;Georgia|700||on|||||&#8221; title_text_align=&#8221;center&#8221; title_text_color=&#8221;#000000&#8243; title_font_size=&#8221;40px&#8221; text_orientation=&#8221;center&#8221; custom_margin=&#8221;||0px||false|false&#8221; custom_padding=&#8221;||0px||false|false&#8221; title_font_size_tablet=&#8221;&#8221; title_font_size_phone=&#8221;31px&#8221; title_font_size_last_edited=&#8221;on|phone&#8221;][\/et_pb_post_title][et_pb_text _builder_version=&#8221;4.9.4&#8243; header_2_font=&#8221;Georgia|300|||||||&#8221; header_2_text_align=&#8221;center&#8221; header_2_font_size=&#8221;21px&#8221; custom_margin=&#8221;-5px||0px||false|false&#8221;]<\/p>\n<h2>Spoiler Alert: Some political commentary may ensue<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.0.3&#8243; custom_padding=&#8221;0px||0px|||&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.0.3&#8243;][et_pb_text admin_label=&#8221;Author&#8221; _builder_version=&#8221;4.0.1&#8243; header_4_text_align=&#8221;center&#8221; header_6_text_align=&#8221;center&#8221; header_6_font_size=&#8221;13px&#8221; custom_margin=&#8221;||2px|||&#8221;]<\/p>\n<h6>By Ed Goldman<\/h6>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.6.0&#8243; module_alignment_tablet=&#8221;&#8221; module_alignment_phone=&#8221;&#8221; module_alignment_last_edited=&#8221;on|phone&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.0.1&#8243;][et_pb_text _builder_version=&#8221;4.9.4&#8243;]<\/p>\n<p><span class='et-dropcap'>I<\/span><span style=\"font-size: 14.0pt; font-family: 'Palatino',serif; color: black;\">\u2019ve lived in California since I was not-quite eight years old and it\u2019s often felt like being in a TV show I joined \u201cin progress\u201d because its opening was pre-empted by a hockey game in overtime. (\u201cFolks, the players have just six minutes left to beat each other senseless with their sticks and fists in the name of good sport and icy fun, so please stay with us.\u201d) <\/span><o:p><\/o:p><\/p>\n<p><span style=\"font-size: 14.0pt; font-family: 'Palatino',serif; color: black;\">Or, better yet, the state is frequently like a movie to which I showed up late. When I was a kid, if you arrived tardily at a movie you could stay in your seat until the entire thing played again, leaving when you got back to the part where you <\/span><span style=\"font-size: 14.0pt; font-family: 'Palatino',serif; color: black;\">came in. But this sometimes took a couple of hours because the movie you missed the opening of was part of a double feature. So you\u2019d sit through 95 minutes of a black-and-white drama about young male hospital interns \u2014and the young\u00a0<\/span><o:p><\/o:p><span style=\"font-size: 14.0pt; font-family: 'Palatino',serif; color: black;\">female interns and Brylcream they loved equally\u2014in order to see the first 15 minutes (in full color) of \u201cHercules, Goliath and Atlas v. Barely Clothed Warrior Women from Neptune.\u201d My boyhood had its pathetic moments. <\/span><o:p><\/o:p><\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/goldmanstate.com\/wp-content\/uploads\/2021\/05\/Campaign_Hatform.jpg&#8221; alt=&#8221;Edgy Cartoon&#8221; title_text=&#8221;Campaign_Hatform&#8221; show_in_lightbox=&#8221;on&#8221; align=&#8221;center&#8221; _builder_version=&#8221;4.9.4&#8243; width=&#8221;85%&#8221; width_tablet=&#8221;95%&#8221; width_phone=&#8221;95%&#8221; width_last_edited=&#8221;on|tablet&#8221; max_width=&#8221;85%&#8221; max_width_tablet=&#8221;95%&#8221; max_width_phone=&#8221;95%&#8221; max_width_last_edited=&#8221;on|phone&#8221; border_width_all=&#8221;1px&#8221; box_shadow_style=&#8221;preset3&#8243;][\/et_pb_image][et_pb_text admin_label=&#8221;Caption&#8221; _builder_version=&#8221;4.9.4&#8243; text_font=&#8221;Georgia||on||||||&#8221; text_font_size=&#8221;14px&#8221; text_orientation=&#8221;center&#8221; custom_margin=&#8221;-16px||||false|false&#8221;]Campaign hatform[\/et_pb_text][et_pb_text _builder_version=&#8221;4.9.4&#8243;]Today\u2019s round-up column, Odds and Trends, will be semi-regular\u2014which, at a certain age, also becomes one\u2019s daily goal. And now, if I didn\u2019t just lose you\u2026:<\/p>\n<p>MUSICAL SEATS\u2014California is about to lose a Congressional seat and its Governor might be about to lose both his elective seat and anatomical seat.[\/et_pb_text][et_pb_code admin_label=&#8221;Adsense Horizontal&#8221; _builder_version=&#8221;4.5.0&#8243; width=&#8221;90%&#8221; width_tablet=&#8221;&#8221; width_phone=&#8221;&#8221; width_last_edited=&#8221;on|phone&#8221; max_width=&#8221;90%&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px||0px|false|false&#8221; custom_margin_tablet=&#8221;&#8221; custom_margin_phone=&#8221;|0px||0px|false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; global_module=&#8221;1433&#8243; saved_tabs=&#8221;all&#8221;]<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><!-- [et_pb_line_break_holder] --><!-- gs_horizontal_new --><!-- [et_pb_line_break_holder] --><ins class=\"adsbygoogle\"<!-- [et_pb_line_break_holder] -->     style=&#8221;display:block&#8221;<!-- [et_pb_line_break_holder] -->     data-ad-client=&#8221;ca-pub-8489921453224987&#8243;<!-- [et_pb_line_break_holder] -->     data-ad-slot=&#8221;5069548950&#8243;<!-- [et_pb_line_break_holder] -->     data-ad-format=&#8221;auto&#8221;<!-- [et_pb_line_break_holder] -->     data-full-width-responsive=&#8221;true&#8221;><\/ins><!-- [et_pb_line_break_holder] --><script><!-- [et_pb_line_break_holder] -->     (adsbygoogle = window.adsbygoogle || []).push({});<!-- [et_pb_line_break_holder] --><\/script>[\/et_pb_code][et_pb_text _builder_version=&#8221;4.9.4&#8243;]<\/p>\n<p>The former is a by-product of the not-especially stunning news that our population hasn\u2019t been growing by leaps and bounds and, in the Silicon Valley, by beeps and boings.<\/p>\n<p>The latter may be a by-product of the former. By this summer, we\u2019re likely to see even more than the 135 candidates who popped out of the paneling to replace Governor Gray Davis when he was recalled from office in October of 2003. This time around, people will be vying to replace Gavin Newsom if he loses the recall election\u2014which I don\u2019t think he actually will, but that won\u2019t minimize the clown cars of wannabes driven less by the prospect of public service than by free visibility. I\u2019d cast my own hat in the ring but it\u2019s at the cleaner being Martinized\u00ae (the hat, not the ring).<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.9.4&#8243;]<\/p>\n<p><span style=\"font-size: 14.0pt; font-family: 'Palatino',serif; color: black;\">RAISE OF HEAVEN\u2014Sacramento City Councilmembers recently raised their salaries to more than $96,000 and the mayor\u2019s to more than $145,000. They did this via their own Compensation Commission\u2014the existence of which reminds me,<\/span><span style=\"font-size: 14.0pt; font-family: 'Palatino',serif; color: black;\"> <\/span><span style=\"color: black; font-family: Palatino, serif; font-size: 14pt;\">just a tad, of when O.J. Simpson went through the elaborate motions of launching an investigation into the two murders he allegedly committed. I think he found he was innocent of all charges. (That\u2019s too bad. I always thought by merely <\/span><span style=\"font-size: 14.0pt; font-family: 'Palatino',serif; color: black;\">launching such an investigation, he could have got himself off with an insanity plea.) <\/span><o:p><\/o:p><\/p>\n<p><o:p><\/o:p><\/p>\n<p><span style=\"font-size: 14.0pt; font-family: 'Palatino',serif; color: black;\">Did I mention that Sacramento\u2019s council and mayor are, by charter, part-time employees? If I could pull down $96,000 for a part-time job, I\u2019d become a barista, Walmart greeter or even car-wash lifeguard.<\/span><o:p><\/o:p><\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/goldmanstate.com\/wp-content\/uploads\/2020\/07\/amazon_stella_chewy.jpg&#8221; title_text=&#8221;amazon_stella_chewy&#8221; url=&#8221;https:\/\/amzn.to\/2Rxc0xs&#8221; url_new_window=&#8221;on&#8221; align=&#8221;center&#8221; admin_label=&#8221;Amazon Banner &#8211; Limited Time&#8221; _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#eeeeee&#8221; custom_padding=&#8221;10px|10px|10px|10px|true|true&#8221; global_module=&#8221;2981&#8243;][\/et_pb_image][et_pb_text module_class=&#8221;endingG&#8221; _builder_version=&#8221;4.9.4&#8243;]<\/p>\n<p><span style=\"font-size: 14.0pt; font-family: 'Palatino',serif; color: black;\">THE GIG IS UP\u2014In a very <a href=\"https:\/\/goldmanstate.com\/2021\/04\/23\/my-adventures-in-the-giggle-economy\/\">recent column<\/a> on my having been a member of what I called the Giggle Economy after leaving my last job in January 1984, I didn\u2019t foresee myself ever becoming an employee again, because of my general antsiness, snarkiness and agedness. Then I did. <\/span><o:p><\/o:p><\/p>\n<p><span style=\"font-size: 14.0pt; font-family: 'Palatino',serif; color: black;\">Winnie Comstock-Carlson, who founded the Northern California business monthly, Comstock\u2019s Magazine, more than three decades ago, has hired me as its editor. We\u2019re both calling it \u201cinterim\u201d editor, possibly to avoid mutual shocks to our\u00a0<\/span><o:p><\/o:p><span style=\"font-size: 14.0pt; font-family: 'Palatino',serif; color: black;\">systems. Oh, I\u2019ll still continue to write this column\u2014 but now while rocking a green eyeshade, green sleeve garters and permanently unlit green cigar. I may even clip a leaky fountain pen to my shirt pocket so I can lay claim to being an\u00a0<\/span><o:p><\/o:p><span style=\"font-size: 14.0pt; font-family: 'Palatino',serif; color: black;\">\u201cink-stained wretch.\u201d This is the time-honored, heavily clich\u00e9d, self-description of a rapidly aging journalist. That works\u2014though deep inside, I\u2019m still the kid waiting to watch \u201cHercules, Goliath and Atlas v. Barely Clothed Warrior Women\u00a0<\/span><o:p><\/o:p><span style=\"font-size: 14.0pt; font-family: 'Palatino',serif; color: black;\">from Neptune\u201d from the beginning.<\/span><o:p><\/o:p><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.3.2&#8243; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|auto||0px|false|false&#8221; module_alignment_tablet=&#8221;&#8221; module_alignment_phone=&#8221;&#8221; module_alignment_last_edited=&#8221;on|phone&#8221; border_color_top=&#8221;#E02B20&#8243; global_module=&#8221;1122&#8243; saved_tabs=&#8221;all&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.0.6&#8243;][et_pb_text admin_label=&#8221;About Ed&#8221; module_class=&#8221;AuthorBioBox&#8221; _builder_version=&#8221;4.7.7&#8243; text_font=&#8221;Georgia||on||||||&#8221; text_text_color=&#8221;#444&#8243; background_color=&#8221;#eeeeee&#8221; custom_padding=&#8221;10px||10px||true|false&#8221;]<\/p>\n<p><a href=\"https:\/\/goldmanstate.com\/about-ed\/\">Ed Goldman&#8217;s<\/a> column appears almost every Monday, Wednesday and Friday. A former daily columnist for the Sacramento Business Journal, as well as monthly columnist for Sacramento Magazine and Comstock\u2019s Business Magazine, he\u2019s the <a href=\"https:\/\/amzn.to\/3jUELxM\" target=\"_blank\" rel=\"noopener noreferrer\">author<\/a> of five books, two plays and one musical (so far).<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.6.6&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;rgba(173,135,0,0.11)&#8221; custom_padding=&#8221;20px||32px|||&#8221; top_divider_color=&#8221;#b08a0f&#8221; top_divider_height=&#8221;56px&#8221; top_divider_flip=&#8221;vertical&#8221; bottom_divider_color=&#8221;#b08a0f&#8221; bottom_divider_height=&#8221;50px&#8221; link_option_url=&#8221;https:\/\/www.goldenpacificbank.com\/&#8221; link_option_url_new_window=&#8221;on&#8221; border_width_all=&#8221;6px&#8221; border_color_all=&#8221;#02528f&#8221; border_style_all=&#8221;double&#8221; box_shadow_style=&#8221;preset7&#8243; box_shadow_color=&#8221;#02528f&#8221;][et_pb_row _builder_version=&#8221;4.6.6&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;7px||19px|||&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.6.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_text _builder_version=&#8221;4.6.6&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;PT Serif Caption|700|||||||&#8221; header_text_color=&#8221;#00518e&#8221; header_font_size=&#8221;6vw&#8221; custom_margin=&#8221;2px||9px|||&#8221; custom_padding=&#8221;0px||2px|||&#8221; header_font_size_tablet=&#8221;8vw&#8221; header_font_size_phone=&#8221;10vw&#8221;]<\/p>\n<h1 style=\"text-align: center;\">Yes, Virginia<\/h1>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.6.6&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;PT Sans Caption||||||||&#8221; custom_margin=&#8221;-7px||11px|||&#8221;]<\/p>\n<h2 style=\"text-align: center;\">A Weekly Blog by Virginia Varela<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.6.6&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;PT Sans Narrow|300|on||||||&#8221; text_text_color=&#8221;#b08a0f&#8221; text_font_size=&#8221;15px&#8221; text_orientation=&#8221;center&#8221;]<\/p>\n<p style=\"text-align: center;\">President and CEO, Golden Pacific Bank<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_3,2_3&#8243; _builder_version=&#8221;4.6.6&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;10px|||||&#8221;][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.6.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_image src=&#8221;https:\/\/goldmanstate.com\/wp-content\/uploads\/2021\/02\/virginia_varela_3.jpg&#8221; title_text=&#8221;virginia_varela_3&#8243; align=&#8221;center&#8221; _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; border_width_all=&#8221;2px&#8221; box_shadow_style=&#8221;preset3&#8243;][\/et_pb_image][et_pb_text admin_label=&#8221;Caption&#8221; _builder_version=&#8221;4.9.4&#8243; text_font_size=&#8221;14px&#8221; text_orientation=&#8221;center&#8221; custom_margin=&#8221;-16px||||false|false&#8221;]<\/p>\n<p style=\"text-align: center;\"><em>photo by Phoebe Verkouw<\/em><\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;2_3&#8243; _builder_version=&#8221;4.6.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_text _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p><span class=\"et-dropcap3\">I<\/span>n Shakespeare\u2019s \u201cRomeo and Juliet, Romeo famously asks, \u201cWhat&#8217;s in a name? That which we call a rose by any other name would smell as sweet.\u201d<\/p>\n<p>Adapting that to my own field of endeavor: Who Cares if You\u2019re Called a \u201cBank?\u201d<\/p>\n<p>Did you know the difference between a legitimate bank and a non- regulated financial services institution? You should. Under U.S. statute, (26 US Code 581) the term \u201cbank\u201d means a bank or trust company incorporated and doing business under the laws of the United States or of any State\u2014and which is subject by law to supervision and examination by State or Federal authority having supervision over banking institutions.<\/p>\n<p>You should know that when you bank with a real bank, you have certain protections and securities to mitigate risks such as those that can come with an economic upheaval.<\/p>\n<p>Bankers generally want to be able to use the term \u201cbank\u201d in a correct way, one that isn\u2019t misleading to customers. Recently, for instance, a non-bank company called \u201cChime\u201d agreed to stop referring to itself as a bank in a settlement with California regulators.<\/p>\n<p>The California Department of Financial Protection and Innovation ordered Chime to cease and desist using language the regulator says falsely portrays the fintech as a bank, according to a settlement agreement reached March 29.<\/p>\n<p>The San Francisco-based company has been the subject of a yearlong investigation by the California regulator for using &#8220;chimebank.com&#8221; as its web address prior to February 2020, and for using the terms &#8220;bank&#8221; or &#8220;banking&#8221; in its business.<\/p>\n<p>Chime, which does not have a banking license, has cooperated with the investigation, and has neither admitted nor denied any wrongdoing, according to the settlement.<\/p>\n<p>To sum up: If you want assurance that a bank is really a bank that is required to comply with strict laws and subject to frequent regulatory examinations, bank with a bank! 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(\u201cFolks, the players have just six minutes left to beat each other senseless with their sticks and fists in the name of good sport and icy fun, so please stay with us.\u201d) <\/p>\n","protected":false},"author":4,"featured_media":5126,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[18,21],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Odds &amp; Trends: Brylcream, Gavin and the Amazing City Council Pay Raise - The Goldman State by Ed Goldman<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/goldmanstate.com\/2021\/05\/12\/odds-trends-brylcream-gavin-and-the-amazing-city-council-pay-raise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Odds &amp; Trends: Brylcream, Gavin and the Amazing City Council Pay Raise - The Goldman State by Ed Goldman\" \/>\n<meta property=\"og:description\" content=\"I\u2019ve lived in California since I was not-quite eight years old and it\u2019s often felt like being in a TV show I joined \u201cin progress\u201d because its opening was pre-empted by a hockey game in overtime. 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