clapping you can use them. Thank you for coming and congratulations to all the staff on your board that concludes my report. Do we have any Public Comment on the executive directors report seeing none, next item. Item 9 b commissioners report. Okay. Well, im very pleased to report back on the two items one is about a week and a half ago the port ever oakland hosted the third meeting of the California Association of port authorities the lgbt transgender aminity group the 11 ports have become a recognized Affinity Group and get together to discuss ways that the Lgbt Community can be further embraced and encouraging staff members, contractors and others to feel comfortable in being who they are and as we heard earlier the port of San Francisco has been recognized for its diversity in supporting the Lgbt Community i ask they support of diversity of our port its a wonderful opportunity for us who are mens of Affinity Group 0 develop the strong relationships were started to talk about differ
Referenced this but the california Port Authority passed a resolution with respect to the california lesbian, gay, bisexual, and transgenders group and to make sure we read the entire resolution so all the ports Recreation Center recognize and all our employees see how important this issue say we embrace all our employees in the diversity of our workforce so where the cappa is comprised of the seaports and dedicated to maintaining the vigorous work in colonel and the Port Authority has been promoting the interest of the ports and leading the way of the cuttingedge of the operation whereas the california port authorities having is directed by the seaports to service the Citizens Advisory Committee and are committed to diversity in their respective administration and whereas california ports include all people regardless of race and National Origin and sex and gender expression and gender, identity, or sex call orientation its for the opportunity of men and women and the folks to advance
Francisco and oakland who hosted and all the others its important. Particularly pleased we have an criminal day with the port of oakland encombhuz the control tower a meeting that was facilitated by all participant it was tremendously successful generating opportunity and comradey amongst the port and a tour of the port crapes so many of us had our first walk above the catwalk from the port of San Francisco we have several planter i want to thank them for joining us as i mentioned executive director ms. Mirror and the awards she received and demonstrated as a leader in cappa as well as the head of San Francisco that was the leadership that the port was recognized. We also had our cfo eileen and david and unfortunately or fortunately jim mellone who was one the leaders that organized the group was away on business in asia was missed. Commissioner mike was really one of the initiateors of creating the group and lead the orientation ever the formation this effort and then also richard fro
Bisexual, and transgenders group and to make sure we read the entire resolution so all the ports Recreation Center recognize and all our employees see how important this issue say we embrace all our employees in the diversity of our workforce so where the cappa is comprised of the seaports and dedicated to maintaining the vigorous work in colonel and the Port Authority has been promoting the interest of the ports and leading the way of the cuttingedge of the operation whereas the california port authorities having is directed by the seaports to service the Citizens Advisory Committee and are committed to diversity in their respective administration and whereas california ports include all people regardless of race and National Origin and sex and gender expression and gender, identity, or sex call orientation its for the opportunity of men and women and the folks to advance the community whereas the lesbian, gay, bisexual, and transgenders contribute to the port system for elected offic
I mean yes we are going to be living i mean i have an economic forecaster but everything i read suggests we are going to be living with an unusually high levels of unemployment, a lot of pain from over indebtedness and a quarter of the country is on food stamps. I mean its not a great depression. We are not repricing exactly what happened in the 30s but its a version of that. See the Consumer Financial Protection Bureau estimates that Student Loan Debt is more than a trillion dollars. Up next the Senate Budget committee looks at how that that affects borrowers and the economy as a whole. This is an hour and a half. [inaudible conversations] see this hearing will come to order. I want to thank senator johnson who is filling in today for my Ranking Member senator sessions. Welcome to you and all of our colleagues who are joining us today as well as a roomful. Welcome to all of you on a really important topic today. We are going to be talking about a challenge that 40 Million People aroun