The hot team can refer people to the navigation center, those stays are limited to 30days. The majority of people staying there end up on the street after 30days. When we look at the people going to the navigation center, the numbers are not significant. We look at the numbers coming out. The persistence of homelessness is a problem of political will until the public understands the city needs to invest in housing, this problem is going to continue. I think we need the Police Department to educate constituents about this instead of saying police can get people into services or perpetuating the idea the members of the public have that polices is the solution, it is crucial to be honest with the public. President turman is the Police Department perpetuating that idea . Are we telling the people that policing the homeless is what we are here for, we can get you into these services . That is not us. That is another department. As much as i agree with what you are saying, i am glad to do ou
He saw the introductory video. You do have an idea but i love to do a state of the union on how square is doing and usually had a pretty positive Quarterly Earnings report, your stock is up 96 yearoveryear and are starting to make money on things like peer to peer payments. How much are you processing the monthly . Monthly, i dont believe we give up those numbers you can give it out now if you like to i could but i wont. [laughter] since you started square nearly a decade ago, nine years ago, what has been the most significant or surprising change you have seen happen in the business . In our business or the industry . Both. When we started we were having an offsite today and tomorrow and weve been discussing a lot of the companys history and where we are going and one of the things that we started with was we were trying to solve our competitors problem which was he cannot accept credit card. We got fixated on building little device that you can plugin to his smart phone so you can ac
[applause] im wondering how frequently the president uses square [laughter] we know he often uses the other platform that you run. Ive never been asked that question. [laughter] if you dont know, obviously things are secure, youre not supposed to know. But in all seriousness people probably know what square is and what it does so you do have an idea. You have a positive report up yearoveryear. How much are you processing a monthly . I dont give out the number. A it started nearly a decade ago, nine years ago. What has been the most surprising change youve seen happen in the business . In our business with the industry . Hispanic vot link back both they tried to solve a problem as we gothey got fixated on buia little device to plug into the cellphoncell phone to accept crt cards and it worked for him but we wanted to see if it resonated with other people as well. I was in a studio apartment and we went dow down and as a flower cart under my and we noticed she wasnt accepting credit card
Banks are get out of certain communities and countries and they are also denying services to millions of lower income americans, not because the risk is too high, but simply because the profit margin are not considered high enough. There have been serious consequences on vital Correspondent Bank relationships that are critical to bier flows also. Another Major Property in several communities here, including in a district like mine, is that banks are closing branches. In fact economists from the Federal Reserve bank of new york released a report entitled banking debit. Branches closing and soft information. Showing that u. S. Banks have shut nearly 5,000 branches since the financial crisis as a result. Residents of low income neighborhoods have become somewhat more likely to live in a banking desert. That is why i have called to revamp the Community Reinvest amount act in a letter mailed to banking regulators and cosigned by some of my colleagues. But chair yellen, its obvious that cr i
Commissioner hillis, here. Commissioner moore, here. Commissioner johnson. Seventyfirst dprrgz items proposed. Item 120150000988 cwp. Interim controls related to mission plan 2020 is proposed for continuance to january 1, 2016. Items a and b [inaudible] 24 ord cort conditional use authorization and variances have been there is request from had project sponsor to with draw. There was a full public hearing and the commissioners adopted intent to disapprove and continue to november 19. From the september 24 hearing there was a longer time period for the continuance to allow the project sponsor to alter the project in some fashion, so if there is consensus to allow the withdraw then there needs to be no action, otherwise well need to continue the motion of disapproval can be brought before you. Commissioners on your regular calendar, item 9, for case 20s 15, 00011449 redefine formula retail to include subsidiaries. We received a re quest from supervisor mar to continue this matter into mid