Buy the cyclical stocks. On a day the market got hammered, nasdaq declining just. 06 lets remember what actually took us to these record levels in the first place because those stocks are still the best in jump you know what i am talking about. Talking about a termite coin i am talking about faang yeah, faang, facebook, apple, netflix and google these stocks gone out of style on the wall street fashion show. Smart money keeps telling me to get out of these small stocks and into the russell 2,000 they want you to forget faang and big on everything better with the vaccine there is some stocks that become a lot less attractive when the world goes back to normal. Oh, but not faang. These companies are living and breathing organisms. They are so powerful theyre not connecting to the economic win theyre in charge of their domestici desti destiny. They dont care whos in the white house. It put a target back while zuckerberg fights the government, it would be better if he didnt have to so they
August 20, 2020. Budget and Appropriations Committee. Good morning. This is the august 20, 2020 rescheduled budget and Appropriations Committee meeting. I am joined by supervisors walton, mandelman and president yee. I would like to thank sfgovtv for broadcasting this meeting. Do you have announcements . Due to the covid19 health emergency, the Committee Room are closed. Members will participate in a meeting remotely. This is taken pursuant to the local, state and federal orders and directives. Committee members may participate to the same extent as if physically present. Put lick comment shall occur at the recessed meeting august 24 at 10 00 a. M. You may send it in the following ways. Email to the budget and finance committee clerk, and it will be forwarded to the supervisors and included as part of the official file. Thank you, good morning. We are reconvening our meeting from yesterday. This weeks hearings are focused on changes and reductions that the Budget Committee would like t
Clerk there are five ayes. Chair fewer thank you very much. Colleagues, id just like to say, get a good nights sleep tonight because tomorrow will not be so easy. I think we saw departments very compliant, and tomorrow, they will not be. Supervisor ronen im so excited. I have time to actually study. Chair fewer so everyone got the b. L. A. S report. Look at that, and say these are the recommendations, and if you can think of other things, great. This is where we start, and so we are growing that pot. Congratulations to all of you for growing that pot for the add back, and for the communities. Okay. Thank you very much. Seeing nothing further, this committee is recessed, and thank you, madam clerk. Clerk of course. Good morning. This is the august 20, 2020 rescheduled budget and Appropriations Committee meeting. I am joined by supervisors walton, mandelman and president yee. I would like to thank sfgovtv for broadcasting this meeting. Do you have announcements . Due to the covid19 healt
Participate to the same extent as if physically present. Put lick comment shall occur at the recessed meeting august 24 at 10 00 a. M. You may send it in the following ways. Email to the budget and finance committee clerk, and it will be forwarded to the supervisors and included as part of the official file. Thank you, good morning. We are reconvening our meeting from yesterday. This weeks hearings are focused on changes and reductions that the Budget Committee would like to make to department budgets. A few things i want to know. There is no trailing legislation today. Reminder to new members. The hearings are noticed separately. This is all one meeting. We are taking up the following day at 10 00 a. M. One meeting for wednesday, thursday and friday. No Public Comment this week on the budget, which is items one and two. All Public Comment will be heard on monday, august 24th at 10 00 a. M. There. Is no other business on monday except for the comments. The budget and Appropriations Com
Next, look at efforts to modernize Information Technology across government agencies. The House Oversight subcommittee hearing includes the chief Information Officers from the Government Accountability office, the office of personnel management, white house budget the education department. This is about 2. 5 hours. 5, 4, 3, 2, one. [gavel] welcome, everybody to the Sub Committee on government operations. And our hearing. Pursuant togin, house rules, most members today webex, remotely. Some members are appearing in person, or at least this member is, let me remind you that all individuals attending the hearing in person must wear a face mask. I am dropping mine only to speak. Maskrs not wearing a face will not be recognized. Let me also make some reminders for those appearing in person. You will only see witnesses appearing remotely on the monitor in front of you. In activeare speaking speaker view. A timer is visible in front of you. Remotely,attending let me remind everybody about poi