Video conference and participate in the meeting to the same extent as if they were physically present. Public comment will be available on each item on the agenda. Both channel 26 and sfgovtv. Org are streaming the number across the stream. And each speaker is allowed two minutes to speak. And the opportunity to speak during the Public Comment period are available by calling 1 408 4189388. And, again, that is 1 408 4189388. And the meeting i. D. Is 146 661 0524. Again, that is 146 661 0524. And then press pound and pound again. When connected you will hear the meeting discussion but you will be muted and in listening mode only. When your item of interest comes up, hit star, 3, to be added to the speaker line. Speak clearly and slowly and turn down your television or radio. Alternatively you may submit the Public Comment in either of the following ways. Email to myself, the rules Committee Clerk at bic. Org sfgov. Org. If you submit by email its forwarded to the supervisors and its incl
Affect other participants. To enable public participation, we are broadcasting and streaming live and we will receive Public Comment for each item on the agenda. We are broadcasting and streaming at the toll free number across the bottom of the screen. Comments or opportunities to speak during the Public Comment period are available via phone by calling 8882733658 and enter the code 3107452, pressing pound and pound again. When you are connected, press one and then 0 to be added to the queue. Each speaker will be allowed up to three minutes. When you have 30 seconds remaining, you will hear a chime indicating your time is almost up. When your allotted time is reached, i will announce your time is up and direct my staff to take the next person. Best practices are to call from a quiet location, speak clearly and slowly and mute the volume on your television or computer. At this time, i would like to take roll. [ roll call ] thank you, commissioners. First on your agenda commissioners is
Good afternoon, welcome to the land use and Transportation Committee of the San Francisco board of supervisors for today, monday, june 29th, 2020. I am the chair of the Committee Aaron peskin joined by supervisor safai and supervisor dean preston, our clerk is ms. Erika major. Mrs. Major, do you have i in announcements . Clerk yes, due to the covid19 Health Emergency and to protect Board Members, to the employees and the public the board of supervisors legislative chamber room are closed. How many, members will participate in the meeting remotely. This is taken pursuant to the state wide sta stay at home ordr and declarations of directives. Committee members will attend the meeting through Video Conference and participate in the meeting to the same ex at the present time if theyre present. Public comment will be available on each item on this agenda. On channel 26 and sftvgov. Org. Each speaker will allowed two minutes to specific. And call the none on the screen. 408 4189388. The meet
That the wall street crimes never go away theyre just repackaged and called Something Different so here the cd collateralized debt obligation is been replaced with the c l o the collateralized loan obligation as if a loan is somehow different than a debt no in fact theyre synonymous but by calling it something slightly different it fools the regulators the regulars are like oh my god what what is a c l o is it anything like a c d o i dont i cant comprehend it and by the way can you hire me at your head funding pay me 10000000000 dollars a year at citadel or some other head from because im a captured regulator and i work for the headphones yes you can so here you have a c l collateralized Loan Obligations and they are engaging once again in what we call back then and what we can call today as reverse drug dealing ok. Flashback Flash Forward what is reverse drug dealing well in drug dealing you start off with the product and then to try to make more money selling a product you mix it in
To 2008 financial crisis we had cd those collateralized debt obligations and Mortgage Backed securities and credit default swaps and these things and then lo and behold the Global Financial system collapsed and lo and behold our Central Banks that done with a lot of money that is now being dorf by the amount of money being printed for this go round but the bad stuff actually hasnt even happened yet this is what this article is warning about and its from Frank Portnoy who used to was working at Morgan Stanley at the time of the 2008 financial crisis and hes kind of warning that is going to happen this time but the new c. D. O. Is called the c l o the collateralized loan obligation we have actually warned about this in the last few years a few times on the show nomi prins is often tweeting about this and saying this is going to be the big problem so here it comes again right the looming Bank Collapse not crisis collapse he says the banks are going to collapse the u. S. Financial system c