San francisco budget and Friends Committee for wednesday, june 8, 2016. My name is mark farrell. Im sharing this committee and im joined by supervisor norman yee and scott weiner and we joined by supervisor jane kim and katie tang. I want to thank sp keady sfgtv any announcements . Speaker please sounds cell phones [inaudible] supervisor farrell thanks very much. Im clerk item number one clerk item 1 and option to ground these in connection with parcels at 11 1 connecticut st. Supervisor farrell i know in the mayors office. Staff my name is Kate Kirkpatrick project manager at housing and can need to element. Before you today is a resolution authorizing the execution and performance of a option to ground lease in connection with two adjacent parcels. Located at 25th and connecticut street. These will merge the two parcels do great one 30,000 squarefoot lot and lisa went to Bridge Housing who will construct a 72 unit portable housing building known as block text which is part of the potr
One is the lack of jobs and all of that. And the other is if the Federal Reserve hands out too much money the money would not be worth anything. It is not so easy to say we should print unlimited amounts. Greenspan may have said that but he didnt mean it. He may have printed more than he should have. It is not an easy job. It is not the question of printing unlimited amounts because that will not help the people you are talking about. There was a lot of pressure on the government to make Housing Loans cheap and easy in the early years of the 2000s. That was a nice idea but at the end of the day loaning money to people who can not pay it back palpable as bankers that reckless were doing. Loaning people hundred percent of the Purchase Price didnt end up helping them or helping the banks or helping anybody. We had the crisis. So these things, i think, involve a fine line and a lot of co compromise. I was wondering if you believe the Federal Reserve is instrumental in nationalizing the deb
Intrensic value column. He has written several books including origins of the crash, the end of wall street and tonights topic of discussion Americas Bank he let me know there is a great review of it coming out in the Washington Post tomorrow so we can read about that tomorrow. He has three children and lives with his wife in newton, massachusetts. Please join me in welcoming roger lowenstein. [applause] debra, thanks very much. A wonderful introduction. I am glad i dont have to talk about dinosaurs. I dont know much about that. What im going to do is mostly talk to you and read you passages as well that i mope High Pressure c hope conveys the drama of the story. This was my first history story. It was the most exciting project i have been in. The people i wrote about reminded me of people on the scene and the book is full of stories. Last night, anyone who saw the republican debate, you saw rand paul came out against the Federal Reserve and tasaid ther is no point in having a Federal
Others were wanting to show off the blink, c. J. Anderson walked it along the row of o media and the champs back. Coach gary kubiak, now, we didnt see Peyton Manning, or mvp von miller, i imagine they are in demand can and may be returning a little bit later. So the broncos are back, i say okay. Thank you for that segue. The city is preparing to throw a huge party tomorrow, a welcome home and congratulationses to the bronco players and staff, that parade she mentioned set to kick off at 17th, right across from union station. The team will head up to 71th street, then 17th street and south on broadway and to the big rally, at the city and county building. Our Suzanne Mccarroll live tonight and suzanne, huge crowd is expected. Reporter no kidding, you here working and preparing because they believe they will be 1 Million People turn out for the broncos parade tomorrow. This it was last Denver Broncos parade, an estimated 700,000 people attended. Broncos and their families were hanging ou
Black glove which experts say likely covered the suicide detonators and the man on the right of the pictures believed to have escaped and this morning horties are looking for the man. According to belgium reports two attackers are identified as brothers. They have uncovered explosive devices Chemical Products inside the homes theyve raide raided. Nine americans are injured and one u. S. Service member and five family members and three more missionaries were also injured in the airport attack from utah and we have continu continuing live femor coverage to attacks. Lets go to fox5 Melanie Alnwick live at the Belgium Embassy with more there, mel. The flags are lowered here and a small memorial is growing under the plaque polls. Throughout the day people that watched the terror on tv were moved to make the gesture and journey here to northwest d. C. A small gesture, d. C. Of candles, and bouquets. Homeland secretary jay johnson. Expressing my cone dollences to the bell yum people and their