Chair mar good morning, everyone. The meeting will come to order. Welcome to the thursday, february 20 meeting of the government audit and oversight committee. I am supervisor gordon mar, the chair of this committee, and im joined by Committee Member supervisor matt haney and supervisor raphael mandelman, who is substituting for supervisor peskin, who are unable to be here. Id like to thank john carroll, our clerk, and sfgovtv. Mr. Clerk, do we have any announcements . Clerk yes, thank you, mr. Chair. Please make sure you silence your cell phones and electronic devices. Copies of documents and completed speaker cards should be submitted to the clerk. Items acted upon today will appear on the board of supervisors february 26 agenda. Chair mar thank you. Mr. Clerk, please call item 1. [agenda item read]. Chair mar this item was continued from the last g. A. O. Meeting on february 6 and is sponsored by supervisor matt haney. Supervisor haney, the floor is yours. Supervisor haney thank you
So moved. Second by supervisor walton and if theres a no objection. Then supervisor ronen is not in the chamber. Im suggesting a roll call. Supervisor yee can i have a roll call, please. Clerk on the motion not to disclose, supervisor preston. [roll call] there are 10 ayes. Supervisor yee ok. Motion passes. Could i have a motion to file this closed this agenda item. Made by supervisor peskin seconded by supervisor safai. If theres no objection, can we take the same house same call. No objection, then motion passes. Madam clerk, please read the memoriams. Clerk todays meeting will be adjourned in memory of the following beloved individuals on behalf of supervisor mandelman. For the late mr. Hampton smith on behalf of supervisor haney, for the late mr. Marco jostalano and on behalf of supervisor peskin and stefani, stephanie laziochincota. Supervisor yee that brings us to the end of our agenda. Madam clerk, is there any further business before us today . Clerk that concludes our business
President yee good afternoon. Welcome to the january 21, 2020 special meeting of the San Francisco board of supervisors. Madame clerk, will you please call the roll. Fewer present. Haney present. Mandelman present. Mar present. Peskin present. Preston present. Ronen present. Safai present. Stefani present. Walton present. Yee present. Mr. President , you have a quorum. President yee thank you. Will you please join me in the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic, for which it stands, one nation, under god, indivisible, with liberty and justice for all. President yee so, on behalf of the board, i would like to acknowledge the staff of sfgovtv, jessie and james. Who record each of our meetings and make the transcripts available to the public online. Madame clerk, any communications . None to report today, mr. President. President yee okay. So i want to thank all the Board Members for being here today. This is a special m
Citizens terrorists least. Illegitimate seizure of. The government offices which taken over. Those are your headlines this hour you can find out more at r. T. Dot com up next on Arch International it is the kaiser report and in the u. K. And ireland it is boom bust stay with us. Hey welcome to the cons report the 1st episode out of 2020. States here are not going to have some really special guest right with us right now dr Michael Hudson dr michael and welcome to be here i was just curious i have as crazy image moment ago you know back in the seventys 1970 s. There was a movie called death wish with Charles Bronson to remember that i remember that there was a sequel in the sequel to that right now sink in that we could do a remake you are the star you play the Charles Bronson role is called death wish and here vigilante banker economist that goes around new york blowing away bad debt where you think i love it and set that up you think youre ready to do that 2020 i would be a very good
Vigilante and im the austin economist and we meet and 42nd street and do you blow me away with your 45 magnum debt equalizer or do we have a discussion about this well i say theres a basic principle of debt that a debt is only valid if you make if the debtor can repay it but if of a lender makes alone without any idea how the debtor can repay it then the loan is considered a fraudulent loan so i would define fraud and begin of a large debt write down also a secretary of the treasury i would be in charge of text policy and id minimize housing prices id roll them back down by basically taxing the Capital Gains of land so that when value gains if you would tax the speculative gains and land the under and income not the building but the land youd. Nobody could borrow from the banks to inflate housing prices so id end the asset Price Inflation of real estate and b. S. The Price Inflation of corporations and basically restructure the economy in the way that it could afford to handle good deb