Moment or someone will be caught offguard. There will be several rounds of questioning after the Opening Statements. We have seen the testimony of all four of the ceos. There is a similar theme. These ceos are emphasizing that they are facing competition all all on all fronts. Tech is the most Competitive Industry in the world. In every facet of every business they run, they talk about how they face competition. Mark zuckerberg focuses on china saying that if there is too much regulation, that will give Chinese Companies an advantage. The ceo of alphabet talking nott how google does necessitate competition. Tim cook talking about the app store, the opportunity that it has given companies around the world and the fact that the vast majority of apps in the app store are free. Jeff bezos his testimony is different. He talks about a personal story. How his parents invested in amazon in the day. A truerican has american story. This is a first time we will see him testify before congress. He
Investors, whether u. S. Stocks are really still the place to be and lets waek in jeremy with us once again live from philadelphia. Professor, welcome back. Good afternoon, scott. Professor schiller at the beginning of the week saying stocks could go up another 50 from here. What do you say . I said are you bullish . It could go up 50 . It could go down 50 . The word could does not really mean that thats what he expects. But you know, the momentum is there. The earnings momentum is is there. I think actually its very, the dollar being down is very positive. Especially for the s p 500. Thats why you see the strength in those stocks. Yields, two and a quarter for the ten year. Can you do any better than that . No competition. And we talk about overheating, we talk b about the tech sector. The, i just looked up the pe ratio of the tech sector. On estimated 2017 earnings. Of the s p 500. Its still under 20. 19. 3. We have amazon, netflix, we have a few of those that are really you know, in
Appeal that were going the hear a lot about formula retail, and tonight is probably not the night for those types of comments, but you can say whatever you want. Okay, one other thing, commissioners, if you were to decide to grant jurisdiction and hear all the matters together, we would not be able to hear them next week because under the code, we have to wait longer than that. Sure, i mean, would we be youve already noticed the hearing. You can hear the two appeals that are currently on calendar regarding the building pert but you could not hear an appeal of the letter of determination. So, theres another process thing. So, a hearing on the merits of the letter of determination which was issued in the e vept we grant the jurisdiction request, that hearing would not be heard until after a hearing on the merits of the actual permits. Am i being unclear . No. Am i confusing everyone . I think we just need to hear we can hear them all together, you would have to order us to reschedule the
Organizations, i make substantial donations, i buy baseball uniforms, and in the 36 years ive been on Mission Street, ive seen all the ups and down, we are at the lowest level in the mission that weave ever been in my 36 years, theres more crime and Homeless People on the street, we are getting less City Services out there. Before i came down here this evening, i counted the empty stores on my block, im between 19th and 20th, theres 9 empty stores, i think somebody who wants to take a store that looks like a bomb hit it and remodel it and bring people in the neighborhood is wonderful for me. There was a time during my 36 years on Mission Street when we were such a high profile business that 20 men stores moved in around me and i used to be very upset about that because i thought they were stealing my ideas and stealing my brands and all of those things but i have to tell you that i did more business then than i ever did in the whole time that i was there and if theres anything that can
The political process of San Francisco, the city values its Small Businesses and understanding small term and financial benefits to everyone sf is supporting the businesses and a love of Small Business has kept us afloat in times of recession and i feel that its a tra f ski that a business like jack spade got a letter of determination and fell short, we are a community and communities have rules and you cant just move in and make up your own. Thank you for your time. Next speaker, please. Good evening, my name is michael gardener, i wrote something but im going to change it right now. Im going to tell you a little bit about me. Ive been in business almost 40 years for myself, and ive owned siegel on Mission Street, i sit on boards of all kinds of organizations, i make substantial donations, i buy baseball uniforms, and in the 36 years ive been on Mission Street, ive seen all the ups and down, we are at the lowest level in the mission that weave ever been in my 36 years, theres more cri