Twice. So we do need this Grant Program and hopefully it i mean im not even sure that this is going to help my business actually. Its right on folsom and 17th. Hopefully it will, and hopefully a longterm solution can be found, like sammy said. Increasing the pipe size along folsom street, particularly when there are more residents in the mission. Theres New Buildings going up all the time and i dont really see any increase in the sewer system capacity that we so desperately need. So im here to reiterate, thanks for the grant money and hopefully a permanent solution can be found. Thanks. Thank you. No further comments from the public, any further comments . Yes. I would like to request i mean, i have been on this commission for seven years now and i have heard a lot of flooding stories about 17th and folsom. I know there has been work and all kinds of possibilities looked at and i have followed the Affordable Housing and what has happened within the city family to really take care of th
Dollars at a onemonth high. Road map begins with trumps tax plan and the president and gop moving on from health care set to unveil their framework. The dow looking to stop a foursession skid. Shares of nike are down this after earnings in the wake of the equifax hack Richard Cordray will join us live. The gop slated to release the framework of its tax reform proposal multiple sources saying it is expected to include a cut in the corporate rate from 25 to 20 higher than the 15 favored by the president. The pass through businesses lower to 25. Rates of 12, 25 and 35 the plan would also eliminate the deduction for state and local taxes and nearly double the standard deduction Child Tax Credit would be substantially increased, although in these early days, politico saying, jim, that top individual rate is still the focus of some delate abate and a surcharge for the wealthy. We have to wait and see. Those of us in highstate can calculate what a 35 to 39 drop and it is a bast to 42, 43 if y
Yields dont strengthen. Ten year approaching 2. 34. Road map begins with the tax reform push. Tech is under fire. Senate Intelligence Committee is calling for public testimony from executives at twitter, facebook and google. Another equifax apology. The companys interim ceo shares their new strategy to protect users data first up republicans pulling out all the stops to push their tax reform plan which includes cutting the corporate rate 20. Gary cohn said he disagrees with those who say it will cost 2. 2 trillion because it will be paid for with growth. We think we can be substantially be above 3 gdp growth with what well accomplish on deregulation and tax reform said i he agrees they would have preferred 15 but 20 on corporate is a bright red line, a bright line test if they were going to do that and do repatriation this would be like speaker ryan talked about. It could just happen the fact is that those of us who have gone through what looks like a plan have no idea what it means. I
Just above estimates we begin with wall streets record run futures pointed to a muted open. The dow coming off a fivesession win streak. Plus broken Business Model . Elizabeth warren promising to follow the money when she questions former equifax ceo rick smith in a hearing this morn and pepsi shares are sinking. The beverage and snack giant beats earning but has a lower outlook. The dow, the s p and the russell coming off record highs. The Financial Sector posted its highest in ten years with watches on to see how resilient the market can be. I think what were seeing is a recognition that the economy is better so instead of paying low multiples for, what . Nothing, sorry, go ahead. My pepsi notes. Instead of paying low multiples for companies lets start with the banks. We are going to give the banks a multiple that looks like a stock. Do you know how long its been since i used to speak with brian moynihan, he does a great job and i would say okay lets say you can make two bucks, what
Look across the pond its a mixed pictures over there. The tenyear note yield. We have some employment data, there is the 232 our road map starts with wall streets record run. U. S. Stock futures pointing to a higher open, the s p at its longe streak of records now in 20 years. Plus delivery wars u. P. S. And fedex shares are following on reports that amazon is testing its own Delivery Service. And bill ackman rumphing up his push for changes at adp, well hear why he thinking that company could be more productive making history after the three indices closed at record highs. Jobs fell by 12,000. Earlier President Trump treated stock market hits a record high, business and manufacturing enthusiasm at the highest level in decades a reason for him to be optimistic so too for the gulls industrials, transports, small caps, mid caps, almost everywhere you look. I think it will be interests to see what happens with the transcripts after this news for amazon thats been gravy. We are in an absen