Tue07222014

News

Q&A with Anne Wojcicki: 23andMe founder, local resident discusses Los Altos investments

Q&A with Anne Wojcicki: 23andMe founder, local resident discusses Los Altos investments


Anne Wojcicki

For the past several years, Anne Wojcicki (Wo-JIT-skee) has been quietly involved in efforts to spruce up downtown Los Altos. She and her husband, Google Inc. co-founder Sergey Brin, helped form Passerelle Investment Co., which own...

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Schools

Foothill fall registration opens Monday

Local residents interested in earning a specialized career certificate, associate degree or updated job skills can enroll beginning Monday when Foothill College opens fall registration.

In addition to its continuing-education courses, the college pr...

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Community

Sports

Stewart accepts job as baseball coach at Los Altos High

Stewart accepts job as baseball coach at Los Altos High


Los Altos High administrators offered Gabe Stewart the job of head baseball coach at Los Altos High even before he could apply for it.

“They approached me – they wanted an on-campus coach,” said Stewart, an AP History teacher at ...

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Comment

A good start – now follow through: Editorial

The recent announcement of a five-year agreement between the Los Altos School District and Bullis Charter School is welcome relief for the entire community. After years of dispute and litigation, the pact is nothing short of a minor miracle.

Among t...

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Business

In the business of fostering business

In the business of fostering business


took over as Los Altos’ new economic development coordinator in May after spending the past two years working as city assistant planner. Ellie Van Houtte/ Town Crier

Sierra Davis is wearing a slightly different hat these days as a Los Altos cit...

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Books

"Frozen in Time" chronicles harrowing WWII rescue attempts


Many readers can’t resist a true-life adventure story, especially those that shine a spotlight on people who exhibit supreme courage in the face of adversity and end up surviving – or not – against the odds.

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People

GORDON E. BRANDT

GORDON E. BRANDT

In May of 2014, Gordon E. Brandt passed away after a one and one half year battle with Lymphoma. He died peacefully at home, surrounded by his family.

Gordon was born in Los Angeles, CA on July 13, 1930. He graduated from Fremont High School in 19...

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Travel

British Columbia: Richmond, Steveston, Victoria hold surprises

British Columbia: Richmond, Steveston, Victoria hold surprises


Courtesy of Tourism Richmond
Shops, restaurants and museums dot the boardwalk in British Columbia’s Steveston, a great site for strolling.

Picturesque British Columbia has long been on our bucket list, and we recently fulfilled that dream.

We...

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Stepping Out

LA Youth Theatre, LA Stage Company join forces for 'Oz'

LA Youth Theatre, LA Stage Company join forces for 'Oz'


Joyce Goldschmid/Special to the Town Crier
The cast of “The Wizard of Oz” includes, clockwise from top left, Dana Levy (as Tinman), Rebecca Krieger (Cowardly Lion), Sarah Traina (Scarecrow) and Osher Fein (Dorothy).

Los Altos Youth Theatre and L...

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Spiritual Life

Stanford students study religion through campus artifacts

The inscriptions inside Memorial Church, the death mask of Jane Stanford and the nod to the Egyptian ankh symbol formed by Palm Drive and the Stanford Oval all have one thing in common: Each was a topic of discussion for the students enrolled in a un...

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Magazine

Festival features fun for everyone

Festival features fun for everyone


TOWN CRIER FILE PHOTO
The Los Altos Arts & Wine Festival boasts more than 375 craft and arts booths.

This weekend’s 35th annual Los Altos Arts & Wine Festival promises to be jam-packed with fun activities for just about everyone. The eve...

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Forbes touts morality of free-market economy at Conservative Forum appearance in MV


The free-market economy is not only the correct choice over big government, it is the moral choice, according to Steve Forbes, chairman and editor-in-chief of Forbes Media and two-time presidential candidate.

Forbes appeared locally at the Aug. 7 meeting of the Conservative Forum of Silicon Valley to deliver that message, the thesis of his latest book, “Freedom Manifesto: Why Free Markets Are Moral and Big Government Isn’t” (Crown Business, 2012). He co-authored the book with communications specialist Elizabeth Ames, who also addressed the crowd.

A packed house at Mountain View’s Portuguese Hall – more than 470 by one organizer’s count – heard Forbes turn around the myth that government morally does the right thing while those in private enterprise are greedy and can’t be trusted.

“It’s not greed – it’s about transactions,” he said. “The free market meets people’s needs and wants. … Free markets encourage cooperation. No one’s in charge – that’s why it works.”

Meanwhile, big governments “always thrive on conflict,” he said, and get away with what would normally be considered criminal activity.

“Social Security – look how they handle it,” Forbes said, noting that the system is supposed to hold $2.5 trillion in reserves.

In reality, Forbes said, the coffers are empty because the money has been spent.

“IOUs from the Treasury Department – think what would happen if you took money from workers, spent it, then gave them IOUs. You’d be in jail. But that’s government in action,” he said.

Forbes said free markets, on the other hand, encourage positive attributes like innovation and collaboration with a diverse array of people to achieve goals, optimism and responsibility.

“Economists describe the economy as the allocation of scarce resources. … It’s (really) about the creation of resources,” he noted. “Oil itself is glop. It’s human ingenuity that makes this glop something we can’t do without.”

Meanwhile, big government represents a threat to freedom, he said.

No big fan of the IRS – Forbes has long pushed for its abolishment and the establishment of a flat tax – the recent revelations of the agency’s prying into people’s private lives was one of several examples he gave. Another was the One Bay Area proposal that would concentrate housing on 5 percent of regional lands.

“That’s the Soviet Union – determining where you live,” he said.

He emphasized that his problem is not with government itself.

“If all of us were all angels, we wouldn’t need government,” he said. “But we’re not.”

But Forbes has no use for big government, which he characterized as becoming bloated, ineffective and losing track of its original purposes.

Forbes said the United States is still the most prosperous country on earth.

“We’ve had the environment no other country has had,” he added. “We must not lose it.”

For more information on the Conservative Forum of Silicon Valley, visit theconservativeforum.com. For information on Forbes’ book, visit crownpublishing.com.

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