Kraken CEO: Helping the Homeless More Would Destroy San Francisco-5.68

Expanding on an interview with BREAKER last week, Kraken CEO Jesse Powell on Friday reiterated his opposition to San Francisco’s Proposition C homeless relief initiative in a Medium post forecasting the “demise of San Francisco.” Powell describes SF’s existing policies on homelessness as “a failure,” and argues that the extra money generated by corporate taxes under Prop. C, up for a vote Tuesday, would not improve the situation. Though he doesn’t detail how or why existing or planned policies have failed, he does quadruple-down on his prior descriptions of drug addicts living in the streets as “crack-zombies.”

Many current and former San Franciscans last week agreed with Powell’s assessment of the city’s bleak state, and acknowledged the attractiveness of simply leaving. But Powell’s characterization of so-called “crack zombies” disturbed other concerned residents.

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