Weak data still weighing on global stocks. Street smart starts now. Welcome to the most important hour of the session. We have 59 minutes until the closing bell. Countdown to a crimea about. What does it mean for how we are going to do with putin . The robots have taken over. The big threat to our job market. Matt miller is with me again today. Good to have you back. Is it . Or to the older people Say Technologies going to ruin the future. It is weird this happens to be one of our permit or technologists from your technologist premiere technologists. It is a hard time for those displaced from their jobs. Maybe better 20 years from now. In the meantime, a tough road ahead. A problem we will investigate. We areave the big stocks watching. For now i have my job. No robot. Yahoo is one of them. It is rising not on news, it is alibaba news, one of the best on yahoo has been its investment in alibaba, 24 stake. People are telling us that alibaba is prepping for a u. S. Ipo, not too long from
Harder to gather signatures. I think you know colleagues what happened there were very heavy books that were circulated to collect 31,000 signatures to qualify to place the measure on the ballot to reverse our decision last year, the first referendum on a board ordinance to qualify in more than 20 years. Now given this measure has qualified i think the city will incur massive cost for these handbooks and supervisor wiener and i introduced legislation to reduce the material required to be in the ballot handbook. My legislation would allow the department of elections not to include the full text of the limits and supervisor wiener had the other motion. I have merged the gaps and let me describe what the amendments would. Do first it state thats new rule that were talking about would not apply to Charter Amendments. The idea is if we have Charter Amendments we should include the entire legal text regardless of size in the voter information pamphlet but these would apply to ordinances and
Discussions in terms of mayor, two thirds of the board of supervisors, the Retiree Health Care Trust Fund board, that again has its fiduciary duty to the retirees of those assets and i believe the controller as well as the actualal and someone out of the political system and not to mention the controller as well, not to mention the Board Members of the trust fund that have different duties than we do. I understand if we just put in there that the mayor and the board of supervisors could change the rules i would not support that. This to me is the extreme safety valve that we could have in my opinion of it being pull side extremely rare and only in the most dire circumstances or scenario and its a rare possibility but good to have it in place if something happens down the road but again colleagues from my perspective and we have talked about this with a number of folks the opportunity is so slim and so rare that i dont view it as a risk at all to be clear, approval and i appreciate the
Memorandum that wouldnt inform anybody but unfortunately at the time the developer wanted the full text included to make it harder to gather signatures. I think you know colleagues what happened there were very heavy books that were circulated to collect 31,000 signatures to qualify to place the measure on the ballot to reverse our decision last year, the first referendum on a board ordinance to qualify in more than 20 years. Now given this measure has qualified i think the city will incur massive cost for these handbooks and supervisor wiener and i introduced legislation to reduce the material required to be in the ballot handbook. My legislation would allow the department of elections not to include the full text of the limits and supervisor wiener had the other motion. I have merged the gaps and let me describe what the amendments would. Do first it state thats new rule that were talking about would not apply to Charter Amendments. The idea is if we have Charter Amendments we should