Any act, the result of which that the thing you object to by virtue of submitting your virtue on a piece of paper that triggers the government that results in the provision of the coverage that you object to and it will will be this act. How will that be and all you have to do is push a button, lets say, that will bring it into the same play that brought in to play by your objection and if you press that, it is a different act in your pressing that that will bring into play the government financing of the things that you objected. And if that were the case you would say when we pressed that button we are facilitating and bringing about the very things that we object to, we are complicit. I dont know that we would, first of all, by pressing the button with whom we have contracted to arrange for the services, we might not be a part of that. If the pressing a button is not substantially different. This is the kind of thing, these are difficult and philosophical and moral lessons and im no
Hedge funds. Its not okay. I say its staff management who says its okay to invest in hedge fund. [ applause ] good afternoon Board Members. Im joshua, i work for the children of San Francisco. I have a very large risk because im relatively young, not as young as i once was. Thats why i have an ira. My pension is very important to me. Thats why i took a pay cut to work in Public Service. I took that because i wanted to work in Public Service but one of the ways to justify that myself to my family was im trading income now for reliable income in the future. If you want people to work for the city and county in the future because many of my brothers and sisters are going to retire and you are going to need new workers, you have to give them some kind of Value Proposition and that is reliability. The other thing is that hedge funds are talks of the social fabric in america. I deem to be more diplomatic than that but i cant do so. They extract money from people and give it to people who man
Attack on Public Workers that cant afford to live here. Service workers have to spend 23 hours driving to San Francisco. Why is that . Do we only have space for millionaires in San Francisco, only have space for developers in San Francisco. This board, driscoll who is a union member, says to hedge funds. Its not okay. I say its staff management who says its okay to invest in hedge fund. [ applause ] good afternoon Board Members. Im joshua, i work for the children of San Francisco. I have a very large risk because im relatively young, not as young as i once was. Thats why i have an ira. My pension is very important to me. Thats why i took a pay cut to work in Public Service. I took that because i wanted to work in Public Service but one of the ways to justify that myself to my family was im trading income now for reliable income in the future. If you want people to work for the city and county in the future because many of my brothers and sisters are going to retire and you are going to
Hedge funds. Its not okay. I say its staff management who says its okay to invest in hedge fund. [ applause ] good afternoon Board Members. Im joshua, i work for the children of San Francisco. I have a very large risk because im relatively young, not as young as i once was. Thats why i have an ira. My pension is very important to me. Thats why i took a pay cut to work in Public Service. I took that because i wanted to work in Public Service but one of the ways to justify that myself to my family was im trading income now for reliable income in the future. If you want people to work for the city and county in the future because many of my brothers and sisters are going to retire and you are going to need new workers, you have to give them some kind of Value Proposition and that is reliability. The other thing is that hedge funds are talks of the social fabric in america. I deem to be more diplomatic than that but i cant do so. They extract money from people and give it to people who man
Have you learned from 2008 . Apparently not. Some unions say we should have money in hedge funds. I say bull. I say bull. We dont need any money in hedge funds and in fact those unions telling us to invest in hedge funds are not doing us a service. In fact they tell us to invest more and we need to put more money of our pension. I say no. Will let the billionaires in San Francisco. They have not. They have tax deductions. They are not paying their share. They are saying that Public Employees have to pay more in health care benefits, have to pay more in pension benefits. Thats whats going to on and this board is pushing that. Socalled reform pushed by billionaires and i say we, the Public Employees are fed up. We are fed up with taking pay cuts to pay for the billionaires and pay for the hedge fund speculators. As has been said by the people here, the Hedge Fund People are interested in profits, they are interested in driving speculative profits, they are not concerned about the City Em