Here on cspan3, well take you live now to a hearing on amtraks response to the coronavirus pandemic. This hearing is already in process. While possibly only saving amtrak 213 million. Overall, the damage could top 3 billion if amtraks planned nine months of Degraded Service stretches another quarter to a full year. Ill finish. Thank you. The amtrak community was hit especially hard because several airlines say theyll drop service when the c. A. R. E. S. Act expires. Thats 67 cities facing air cutbacks. Nearly half, 31 of them, would all flew the same, sacramento, tampa, these routes touch nearly every corner of our country. On the empire builder on eight states from illinois to washington, those towns face a nearly 400 million blow. The north south city of new orleans between louisiana now produce nearly 134 million in economic benefits. It could wipe out as much as 88 million of that. Simply put, this drastically reduced utility of a nationwide Network Operating three days a week, mak
Kissli. President yee all right. Good afternoon and welcome to the august 11, 2020 meeting of the San Francisco board of supervisors. I hope my supervisors had a full week off last week and was able to get some rest. As you know, were going to be doing a lot of work in august. Madam clerk, will you please call the roll. Clerk thank you, mr. President. [roll call] clerk mr. President , all members are present. President yee okay. Thank you. Please place your right hand over your heart, and will you please join me in reciting the pledge of allegiance . [pledge of allegiance] president yee okay. On behalf of the board, i would like to acknowledge the staff of sfgovtv, who record the meetings and make them available online. Madam clerk, are there any announcements . Clerk yes. Due to the covid19 pandemic, members of the board are participating to the same extent as if they were present in their chamber. The board knows that the Novel Coronavirus has made participation is more acute. Your w
Kissli. President yee all right. Good afternoon and welcome to the august 11, 2020 meeting of the San Francisco board of supervisors. I hope my supervisors had a full week off last week and was able to get some rest. As you know, were going to be doing a lot of work in august. Madam clerk, will you please call the roll. Clerk thank you, mr. President. [roll call] clerk mr. President , all members are present. President yee okay. Thank you. Please place your right hand over your heart, and will you please join me in reciting the pledge of allegiance . [pledge of allegiance] president yee okay. On behalf of the board, i would like to acknowledge the staff of sfgovtv, who record the meetings and make them available online. Madam clerk, are there any announcements . Clerk yes. Due to the covid19 pandemic, members of the board are participating to the same extent as if they were present in their chamber. The board knows that the Novel Coronavirus has made participation is more acute. Your w
Forth with portnoy on what you say are amazing insane moves that can continue. Yeah, i mean, understand there is florida has been so much comparison in 1999, 1999 was never like this. You had a lot of crumby companies that would go up a lot but nothing like this. I mean, we have major trillion Dollar Companies that are going up at a pace that weve obviously never seen because we didnt have trillion Dollar Companies before but i do think that my friend David Portnoy hes got a big cohort saying that stocks only go up and im just giving this is frightening im giving a little bit of homage here because, yes, if you got in when davie trade got in, i mean, all youve seen is up. So its not wrong for him to look at that i mean, the guy got in i think march 23rd when he decided to take the suits on directly i got up this morning, i said, geez, maybe i should wear jeans. I dont want to be like wrong. I want to be i dont want to be on the other side of the trade of this guy. His timing is excepti
You cant when the nasdaq is running like this. A 7 gain in index, you almost have to realize everybodys price target has to come up. Its baffling and confusing people who are not in the stock market but making a lot of sense to professionals who realize oh, my, god to chase. Yeah. Banks will get jp morgan tomorrow theres a lot of discussion about the commentary will matter more but also the idea that because of where estimates are, you could see some upsize to prizes another upside out of bsf. Jp morgan, the whole group is insane Goldman Sachs goes from 190 to almost 210 its almost as if people said, find me something that is not crazed my issue will be loan losses and possibly dividends and i think a lot of the chatter i listened to wilf this morning but a lot of the chatter is if people are getting more stimulus and money is being pumped in, why should these Companies Pay their dividends . I personally think theres no problem but that wells fargo dividend news shook people up. Hey, c