Its 8 00 on today. Coming up, breaking news. That hurt. Irma barrels toward northern florida leaving a path of destruction in its wake. Torrential rains and heavy winds whipping the southern part of the state. Trees uprooted. Homes destroyed. This morning millions of people without power. Thousands packed into shelters. Uncertain of the damage theyll return to. We dont know what, you know, the next few days is going to bring. Today september 11, 2017. All right. Were back now. Special edition here on a monday morning. Matt lauer with Savannah Guthrie and hoda kotb. Irma is no longer a hurricane. We just got an update from the National Hurricane center. Its been downgraded to a Tropical Storm. Take a look at the radar. Impacts still being felt. Atlanta was under a Tropical Storm warning earlier. Weve got complete coverage for you. Thats right. We were looking over our shoulder here because weve got something happening here with Kerry Sanders on marco island. Kerry cant hear me, but he i
A lifetime contract. We are half an hour into the trading session. It has been quite a big cello around the world. Matt miller has the latest. Matt im looking at oil prices, especially. Crude, not only nymex crude, started dropping precipitously around 7 00 this morning. Brent is also down. West texas intermediary, you can see the big drop that we had to 36. 85. We bounced up a little. Brent came down earlier and drop to below 40 a barrel. Both of these products, commodities, are down till those that we have not seen since february of 2009. Brent had a bounce it is now at 40. 39. I graphed a spread. Even see it is getting tighter and tighter. The less of a difference and they are correlating more. Betty stocks are moving in tandem with the slide were seeing in oil. Matt stocks have come down for the third day in a row. Looking at the major averages. We have recovered a little. We are off 1 of the Dow Jones Industrial average. The s p have recovered down a tense of 1 down 8 10 of 1 . Th
Necessary for the function because it creates incentives to work hard and take risks. Left entirely to his own, the market system will produce more inequality in this economically necessary. Here in our country, we have much more inequality than is necessary for efficiency. I believe this is a moral problem from the standpoint of social equity. But excessive inequality not only undermines social and political cohesion, it is also recently been shown to have negative effects on growth and stability as well. Recent research at the imf has shown that excessive inequality slows growth, costa pricetoearnings gemelli to weaker demand and lower section. Reducing inequality is increasingly understood to contribute to Economic Growth. Inequality is also a political problem. We now have an increasing degree of resistance on the part of Many Americans to new trade agreements because they see themselves as the dems of globalization resident as participants benefit. I believe our International Econ
Know where the 29 thousand workers work but anyway, having one worker for every 289 constituents is a joke. So in the year 9014 for example, we want to know all the new people that were hired in one of you all department of external affairs rather than those five or six people are warranted. We want to know and we want to know if they work so hard how did they find time and use their influence as a conduit to send 1,200,000 to green. So good men come here and try to like talk the talk thats fine. We have to learner to walk the walk. Thank you very much thank you francisco. Next card jason freed jason freed. Chair al loss couldnt be here so im here with his notes and according to the january 10th could he power points that gm kelly put total and harassing as mr. Brooks mentioned we believe this program is good. When you take a look at youre looking for new customers cac is an abundance of new customers what could help and ill san diego with mr. Brooks it can underline our hetch hetchy b
Work that everyone has invested in making this a possibility thank you. Do we need to take a vote on item 3 c. Id prefer if you direct staff to prepare an rfp for your consideration at least an outline at your next meeting along the lines of your discussion. So you want us to make a motion to approve this item . Yes. So we have a motion by commissioner breed seconded by commissioner councilmember marcason mar. Thank you for your great work on this. Before we move onto the next item i dont believe that we have taken a motion to excuse commissioner, chair avalos who could not be here so if we can have a motion by commissioner breed and if we can take that without objection. Thank you. Item number 4. 2014 lafco schedule. Great. Miss miller. The appropriate schedule is before you under our bye laws. Okay so we have a motion before we take action on the motion why dont we open it up to Public Comment. Seeing none Public Comment is closed so we have a motion we can take that without objectio