8 a genius is steve of mancera sister-in-law of audio products likecivic center committee dist. commissioner elsbernd: is there any staff on this item? this is relatively pro-forma, by a margin we hold off. madam clerk, we will delay this until the last item on the agenda. move to item four. item 4. hearing to consider appointing two members, terms ending september 1, 2014, to the assessment appeals board no. 1. there are two seats and for applicants. four applicants. commissioner elsbernd: mr. robinson. you are the incumbent. i am. i have been on the board for a while. i am a commercial real estate appraiser. my expertise is in hotels. as well as offices. commissioner elsbernd: if i could interrupt you, don is not here and i keep on putting the answer. could you tell me the difference between no. no. 1 and 4 number two? number one is mostly commercial properties, number two is mostly homes. i do enjoy contributing to the city. are there any other questions? commissione
soup. i want to also help the spanish speakers, being a spanish speaker myself. i want to help in all i can with the san francisco homeless community. i am committed to finishing my term if appointed. any questions? commissioner elsbernd: you live outside of san francisco now? yes. commissioner elsbernd: mr. upshaw?no. is there any public comment? seeing none, public comment is closed. the matter is in our hands. commissioner farrell: as a matter of process, i would be open to either scenario. given that we have a lot of applicants and just a few people here, do we want to wait to hear from everyone to appoint folks, or do you want to take action today? there are probably problem with both. commissioner elsbernd: i suspect there is some sort of communication breakdown because we only have three applicants here. it may do a disservice to the other applicants if we took action without giving everyone the opportunity. i am inclined to continue this item to the call of the chai
when things looked shaky, people pour money into dollars. that is what has happened. once a month in india by india buys oil from saudi arabia, the exchange in dollars and not in domestic currencies. the benefit of that is that we are able to borrow money cheaply. the government makes money on spending money. our borrowing rates are lit are lower. the downside is it pushes the value of the dollar up over what it would be otherwise which makes our exporters less competitive. us being the reserve come the reserve currency to to reach to these imbalances in important ways by making exporters more competitive. it seems over the last decade that the euro would arise as a competitor for the world reserve currency. that has shifted over the last year in the last few months. the future of the euro has been in doubt with greece and these other southern european nations. the euro is looking shaky some people are pouring money back into the dollars. will that be the case in 50 yea