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They wrote that thing, to protect us from that sort of thing. Okay, chris. Chris, i guess one of the issues i would have with your assessment is we have cut the deficits by more than half of what they were when george bush was president. The dow was about 7,000. It exceeded 17,000. The economy was up as i said, over 12 . Corporate profits up over 46 and so the suggestion that these policies were bad for america just frankly doesnt make sense to me. Now, what does is that those policies stopped the collapse of our economy but now weve got to build a foundation for people who have been left behind. For those middle class workers who have been looking at their pay stubs saying i dont see those statistics. And thats why i believe and why democrats believe, the focus has to be the middle class. They deserve a break because my sense is particularly in any district, people say if youre really rich, the government is there for you and if youre really poor, the government will help you but if y ....
Budget actual report and through the end of the Second Quarter of the fiscal year we were within budget. Capital expenses were 36 of the capital budget. Operating expenses were 27 of the operating budget of the second report is the contract status report and this shows amounts authorized and spent for tjpa contracts as well as sbe and dbe activity. Tjpa has distributed 162 million to these groups over the life of the program. The third report is the investment report and we invest in a variety of different investments such as treasuries, commercial paper, certificates of deposits. Some of our certificates of depoiseits and commercial paper matured since the report and in january and february. A portion of the proceeds have been moved to the money market move funds for payment and the remainder was reinvested. The next report is the inception to date report and presents Capi ....
I have to confess i havent really thought about it. The chief Financial Officer prior to us really having much in the way of financial work was Ed Harrington because he was the controller of the city and county of San Francisco and there was very little in the way of accounting transactions. We had because we were a sub grantee to muni they were the accountant so to speak so we had an excel Accounting System and little for ed to do. Once a month we would sit with him and he would look at our journal entries and he would sign off on them. As activities picked up we implemented our own Accounting System and ed was moving to puc at the time and fred clark who was at mta and trying to retire but we went let ....