Dow plunging 525 points. S p plummeting 2. 37 nasdaq nosediving 3. 02 . I got to tell you, i think this decline is healthy this market needed a beatdown if only a learning experience for people who thought it was too easy when the market is roaring, a lot of investors seem to forget the most fundamental rule, buy low, sell high they want to buy high and sell higher the problem with that strategy is when stocks go down, they go down hard. You tend to lose money faster than you make it rather than being panicked by the sell off you in a very proverse way should be cheering for it we needed this why . Because we needed to break the nasty pattern of 1999 to 2000 so many people refer to during the run the leaders never took a breather. They kept charging higher and higher until the market peaked when they collapsed. Millions of investors led to the slaughter house. I began to wonder we might be doomed to repeat the mistakes of the. Com era. The markets led by a hand full of Tech Companies b
Happy sunday. ait is may 17. a good morning to you. a woke up to the sound of the a rain. This is on the roof this amorning. athey had this this morning to a see how this day is going to shape aup. a and rosemary, i think you said a yesterday morning it will be a a little bit off and on. Good morning. a waking up at the cloudy skies. a the rainy conditions. awe will begin to see peaks of a sunshine and blue skies. aalthough we will be completely. aa giving a live look bear over a the east bay shore where it is a a bit foggy and cloudy and a soggy. We are looking at temperatures ain the 50s. Lets atake a look at the radara i do imagine we have some a drizzle out there falling belowa the radar. Just a few sprinkles being apicked up around the east shora and areas over the north bay. a shifting and around the a peninsula. Not muach going on at the moment. aa we have inside the bay and as awe go towards the sierra we ahave snow falling here with a advisors expected that will last all the w
Of thousands of people worldwide. The virus, unfortunate, could cause additional early deaths down the road due to the unemployment and poverty that it could cause. To stave off those avoidable deaths, America Needs to reinnovate the booming economy we had before covid19. To do so we put on this presentation to listen today from United States senators ted cruz and mike lee. Each one has ideas about Regulatory Reform that will kickstart our economy as well as keep it going strong on a longterm basis. I would now like to invite senator cruz and senator lee to join me. Before we start todays discussion, i want to get each senator the opportunity to offer some introductory remarks. Senator cruz, you are up at first. Well good morning. Its a pleasure to join you. Thank you for taking the time to participate. And paul, its good to see you. Mica, its good to see you and what a testament to the wonders of technology that were able to have an intimate conversation thousands of miles apart, and
Colleagues from the city are online today, john fitzky and john francis and the manager of our section at oewd. Well ask for a motion to accept the sud, addresses the number of technical corrections that the City Attorney discovered to help clean up at this time. So on to the presentation. You see the site today and thank you to both supervisors walton and peskin for those introductions. I want to set a little bit of context from a planning perspective, too. And some of you may have seen this slide before. Its the framework at oewd established, the southern bayfront framework with an organizing strategy to help keep track of this suite of projects that the city has processed over the past couple of years and the waterfront, obviously, together, representing an incredible amounamount of space for jobs ad Housing Units and we tried to coordinate an approach that makes the Public Benefits commensurate and the District Needs as a whole. And then moving to the context of this area of this c
Second. I do not believe theres Public Comment on that piece. All those in favor say aye. For closed session for today, before we go into closed session, is there Public Comment . Seeing no Public Comment, weth. The other Board Members will join us shortly, but i do not want to lose a quorum. We have several action items important action items to hold this afternoon. With that, we need to come out of closed session. So moved. Second. All those in favor . All right. Well start with Public Comment. The general Public Meeting rules apply. Please follow the normal rules that are posted about turning off your cell phone, etc. , etc. Open for Public Comment. My names john stinson. Im a 45year member of our pension fund. There were two things the public Pension Funds have in common. Number one, theyre all underfunded. Number two, one of the reasons why theyre all underfunded is because theyre over diversefied in highrisk investments like hedge funds. Most Pension Funds want 7 to 7. 5 return o