Times Peterson Foundation poll, only 14, 14, 14 of families own stocks outright. Meaning the market is creating all this wealth for the few, not the many 60 of americans dont even know that stocks are up for the year and theyve advanced 24 hallelujah so after a sedate day where the dow gained 28 points, the nasdaq climbed 0. 05 , lets talk about what the heck is going on here i think its a lot more complicated than simple ignorance. The first reason why people who can afford to own stocks are sitting on the sidelines earning very little, the disastrous bear market at the turn of the century impoverished a whole generation of individual investors who got burned by chasing, yes, the hottest stocks imaginable when the dot com crash hit, it ended the greatest love affair ever told. I was part of it i started the street. Com in 1995 immediately found hundreds of thousands of people with a thirst for any investing knowledge to level the Playing Field. Between the rich and the not so rich at
What is the total amount that is in this and therefore is this a percentage that allows that the funded will sustain goes back to a question when we accepted the last big gift and had them sold staff as recommended by the Controllers Office we were going to think as to how then we would make sure the fund continued to grow . John has the information. So we actually have been tracking the funding and expenditures for the last 5 years ive been here so lucky the last two years weve seen two sizeable donations first one was the doctor the living trust was half Million Dollars and o the from another doctor we were able to maintain the balance of pretty much balance and consistent from year by year at the beginning balance of 20132014 we started with one if the 4 million in the total gift fund balance this included 700000 in the stock so were going to the process of the stocks been sold we actually the loading progress ive seen we actually be able to keep this a value from what we estimated
Commissioner taylormcghee commissioners we are existing to share with you our port for a proposal for your review and approval to strengthen sorry Health Care Security ordinance to insure continued health care assess and coverage im sure youre aware of the department is a long time supporter healthy San Francisco prior to the ac a shows our ability to provide and insure that people in the Community Get access to medical homes that p and to healthy San Francisco we the that and another phase of how to insure that people are able to get a Health Benefit and today so youll be hearing a proposal to modern motion to dismiss our security ordinance to insure that low income and moderate san franciscans have access to health care the increases the california plan for many san franciscans and maintain the healthy San Francisco safety net for those who dont have another coverage opposed those improvements help more low income san franciscans fired Orange County r Affordable Health care act while
It is an amazing spot. It is a state of the art center. Is beautiful. Quarksrights i would like to come here and join them. Sdmirng commissioner chow commissioner chung commissioner sanchez commissioner karshmer the second item on the agenda is the approval of the minutes of july 15th commissioners the minutes are before you and a motion forceps is in order. So moved. Second there is a motion and a second are there any corrections to the minutes if not. All in favor, say i. I. Opposed . Of the minutes have been passed thank you. Item 3 directors report. I want to welcome commissioner taylormcghee commissioners we are existing to share with you our port for a proposal for your review and approval to strengthen sorry Health Care Security ordinance to insure continued health care assess and coverage im sure youre aware of the department is a long time supporter healthy San Francisco prior to the ac a shows our ability to provide and insure that people in the Community Get access to medica
Sdmirng commissioner chow commissioner chung commissioner sanchez commissioner karshmer the second item on the agenda is the approval of the minutes of july 15th commissioners the minutes are before you and a motion forceps is in order. So moved. Second there is a motion and a second are there any corrections to the minutes if not. All in favor, say i. I. Opposed . Of the minutes have been passed thank you. Item 3 directors report. I want to welcome commissioner taylormcghee commissioners we are existing to share with you our port for a proposal for your review and approval to strengthen sorry Health Care Security ordinance to insure continued health care assess and coverage im sure youre aware of the department is a long time supporter healthy San Francisco prior to the ac a shows our ability to provide and insure that people in the Community Get access to medical homes that p and to healthy San Francisco we the that and another phase of how to insure that people are able to get a Hea