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Playing Chicken With Larry Ellison

"I think we have a strong wind at our backs" Said Ross Mirkarimi yesterday as the Supes hammered out an agreement for Mayor Newsom to sign and send on to the Golden Gate Yacht Club for the upcoming America's Cup. In a nutshell, the new agreement gives less of the waterfront away to Larry Ellison. His options appear to be a) chose San Francisco or b) go back to the ready-made port at Valencia, Spain because c) they're totally bullshitting us with this Newport, RI option, just like they were with d) a mystery port in Italy. [SF Gate]