Occupy SF gains support from Joanna Rees — venture capitalist and San Francisco mayoral candidate 

  • Joanna Rees (Mike Koozmin/The Examiner)

Your attention please, demonstrators of Occupy SF – otherwise known as the 99 percent. The 1 percent is here to help.

It wasn’t much of a surprise when Supervisor John Avalos — the hard left candidate in the San Francisco mayoral race — came out to support the growing Occupy SF movement and its message that the top 1 percent of income earners in the U.S. are not paying their fair share of taxes.

But now the demonstrators can also count the venture capitalist candidate among their ranks. Joanna Rees showed up at the movement’s camp outside the Federal Reserve Bank on Market Street on Wednesday morning bearing donuts and croissants, she said.

“I’m happy to stand with them,” said Rees, who touts her successful business experience and investment in dozens of startup companies. “The 1 percent have not been paying their fair share.”

Rees, who also marched with the protesters in the Financial District on Wednesday, said she agrees with investment magnate Warren Buffet on taxing the rich. Buffet, nicknamed the “Oracle of Omaha,” wrote an August New York Times op-ed called “Stop Coddling the Super-Rich.”

Rees said after meeting some of the demonstrators, she was surprised to find the local movement less radical than practical.

“These are hard-working, honest people who want to get back into the workforce,” Rees said.


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Dan Schreiber

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