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The Joint Powers Financing Authority (JPFA) convened at 5:45 PM, followed immediately by the Berkeley City Council at 6:01 PM, on Tuesday, October 27, 2026, in the School District Board Room and via Zoom. The JPFA meeting was brief, focusing on approval of prior minutes. The City Council session included ceremonial presentations, a city manager report, a city auditor update, public comment, a substantial consent calendar, and a major discussion item on the Ashby BART East Lot affordable housing development.
Including at the last minute earlier this month, he's pulled back from major threats like this repeatedly. Um and so now the White House is saying no strikes before midterms, Iran's intelligence says it could become before Israel votes on Tuesday. Which is which clock is is correct in this case. And if the Republicans lose Congress, can it Democrats stop a possible escalation? And will they? You know, you've been talking repeatedly and criticizing how the Democrats attacked the MOU the same same way that the Republicans went after the Iran deal in 2015. So are they really invested in stopping this war? Unfortunately, not to the extent that they should be. Now, of course, it's perhaps a different political calculation before the midterms versus after the midterms. But what you saw with the MOU, it was that there were a lot of Democrats who should have known better, who actually played a fantastic role in the JCPOA, who now returned the favor to the Republicans by doing these bad faith attacks against the MOU. It all contributed to the MOU collapsing. It's not the only reason, but it contributed certainly to the conception that Trump now has, which is that a deal with Iran is not a win because he will pay such a high political price for it, which is a conception every previous American president has had. It's actually uh, you know, it's rather interesting that Trump didn't have it. It's part of the reason why he was so willing to strike a deal with Iran, so willing to strike a deal with North Korea, because he didn't have that, you know, that he was kind of immune to the idea of a political cost for uh striking such an agreement. But that's changed, and the Democrats did contribute to it. I think after the midterms, it will be critical for the Democrats to do everything they can from using the power of the purse to other means that they have to put an end to this war. Because once they're in control of the House, and particularly if they're also control of the Senate, they're no longer bystanders. They're complicit if this is allowed to continue because they will have the power to stop it. I mean, there's so much damage incurred from this war. Um, obviously not as much as the Iranian side, but and I think it still stands to be seen just how deep that damage can go. And Iranian officials are now talking about expanding targets to data centers and undersea internet cables. Iran analysts floated hitting Saudi refineries like a Ramco to spike oil prices. Um a top advisor to Galibaf called the idea of that 72-hour war that the Trump administration is talking about to the media a fantasy. So I guess what is the next round look like from Iran's side? Uh, how much more can they escalate? And why do you think Iran has decided to kind of wait out Trump rather than cut any more deals? Well, let me say a couple of points. First, I spoke to uh a senior advisor to a European um uh president, uh, who's no longer in office, just recently left office. Not particularly unsympathetic to Trump, to be frank with you, within the European context. I asked him that all of these protests that we're seeing around Europe right now, not just in France, but in many other countries, how much of that do you think is driven by the economic consequences of this war? And to my surprise, given the fact that I think he's a person who also not on, you know, he's on the conservative side when it comes to immigration. He said overwhelming. He said that a lot of it has to do with the consequences, the economic consequences of this war. The focus he said is oftentimes on immigration, but it's not the driving force of this. So even from someone from the right that is actually more on the anti-immigrant side, actually said that uh uh what we're seeing in Europe right now is largely driven by the economic consequences coming out of this war. So the the global repercussions so far, and the first two rounds are going to be benign compared to the third round, uh, has already been uh extensive and and will become overwhelming uh uh later on. Sorry, the other part of their question, if you could just quickly repeat. Yeah, I was, I guess I was wondering why it is now maybe this is self-explanatory from the Iranian side in a way, but why it is that Iran has kind of decided to. I think that's a very good question. Yeah, yeah, it's a very good question. And I think the answer lies in the fact that in this war of attrition that has existed up until now. I mean, I I worry that the war will begin this weekend by the Israelis. Um that up until now, the Iranians have actually been very comfortable, not in the sense that they're not hurting, but because they believe that in this war of attrition, time is on their side. The Trump administration is of course putting forward a completely different story. They're saying that they're winning, they won the battle of war moves, more volume is coming out of the Strait of Hormuz, and as a result, they're winning the war of attrition. Yet it is the United States and Israel that is about to start this war, which tells you something as to whether who actually is winning that war of attrition. Or at least who had the momentum on their side. The administration I think has been remarkably successful, not because of their brilliance, but because of the lack of brilliance in the media core and in the analytical core, in which the date of like virtual participation, I just think it's got some. Yep, looks good.