The nasdaq got spanked and slit 1. 6 but the average value 29 points in an it is passion of the upcoming rate cut, the first in ten years allow me to set the stage, on wednesday fed chief jay powell will give us the read on the economy and announce a quarter point rate cut to breathe now life into a business situation for many different industries. I know there will be sticklers that say with unemployment with the lowest level since the 1960s, it is ridiculous for the fed to think about cutting rates. Others like President Trump think a 25 basis cut isnt enough the president endlessly tweeted the Federal Reserve is way too tight monitory policy has been holding back the economy did it again today when your Interest Rates are too high, the currency gets stronger versus the rest of the world our rates are much higher so the dollar is very strong and makes the internationally Oriented Companies far less competitive and can hurt the Auto Industry and housing industry both of which are weak
Our office does certify the funding though. Thats where we do work with the department of Public Health. Good, and certifying the funding means . We review the d. P. H. Says these are the costs and this is what we spent and we review it. Is this generating what the mayor would want to see, does that happen . I do not think so, but i can confirm that for you. Okay, cool. There was a fair look at mhsa last year indiscernible . System review. And were audited by the state so our quality review and our annual reviews have items related to mhsa outcomes. I know that theres a lot in here. One of the things that was in here that i was interested in that i did not know about but seems relevant to some of our current discussions around access is the behavioral access center. What is that, and what does that do . So is it a place . Yes, its 1380 howard. We are located were at the very right at the entrance lobby on the first floor there towards the left. I have heard of this. Yes. So it serves a
Good afternoon and welcome to july 16th, 2019 regular meeting of the San Francisco board of supervisors. Madame clerk, please call the. [roll call] please call roll call. [roll call] mr. President , you have a quorum okay. , we will get started in a second. I need to talk to our okay, we will get started in a second. I need to talk to our city attorney. Sorry about that. I think we cold will call already. Okay. Thank you. Ladies and gentlemen, please join me in the pledge of allegiance. [pledge of allegiance] on behalf of the board, i would like to acknowledge the staff at San Francisco government television, michael and maja, who record each of our meetings and make their transcripts available to the public online. Madame clerk, are there any communications . Yes, i have a communication from the office of supervisor gordon mar. He is expecting not to be of the Board Meeting today and requests to be excused. Okay. Could i have a motion from supervisor stefani and seconded by supervisor
Board of supervisors. Madame clerk, please call the. [roll call] please call roll call. [roll call] mr. President , you have a quorum okay. , we will get started in a second. I need to talk to our okay, we will get started in a second. I need to talk to our city attorney. Sorry about that. I think we cold will call already. Okay. Thank you. Ladies and gentlemen, please join me in the pledge of allegiance. [pledge of allegiance] on behalf of the board, i would like to acknowledge the staff at San Francisco government television, michael and maja, who record each of our meetings and make their transcripts available to the public online. Madame clerk, are there any communications . Yes, i have a communication from the office of supervisor gordon mar. He is expecting not to be of the Board Meeting today and requests to be excused. Okay. Could i have a motion from supervisor stefani and seconded by supervisor. Without objection, supervisor mar is excused. Colleagues, today we are approving
Forward with the Public Safety power Shutoff Program where they made Power Transmission lines during certain climate conditions and weather conditions to decrease the ability of fires starting. As noted, the c. P. C. Approved this adoption of the guidelines for this as a preventive measure against imminent and significant fire risk. San francisco is consider add tier 1, which is the lowest risk for fire, but the transmission lines run through the east bay hills and up the peninsula. Those both are tier 2 and tier 3, which are higher risk areas. Turning off either side transmission lines, either south or east could lead to blackout conditions in San Francisco. This loss of power outage could be 24 hours and potentially longer. D. M. And other agencies have been taking steps to manage for the consequences of these potential power outages. Last week, we had over 120 participants from city departments that came together at bill graham, to really sit down and work through preparedness and c