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Government audit and Oversight Committee february 11, 2016. Im air chb peskin the chair. To my left is Committee Member board preddant london breed. The vice chair normal yee isnt here today and need a motion to excuse him. Move by supervisor breed without objection. Supervisor uis excused mptd the clerk is erica major and like to thank the folks at sfgtv for Live Streaming this committee hearing. Madam clerk you have announcement please silnss all cell phones and electronic devices. [inaudible]...

Playing field when it comes to safety and safety recalls. Last were we succeeded in getting legislation passed in the Republican Congress to prohibit rental Car Companies from renting out cars that are under safety recall. So if you have a rental car company with a fleet over 35 vehicles, it is starting in june going to be a federal crime to rent out a car with an open safety recall. But taxicabs, limousines are regulated at the local level. I dont think they even check when they do the annual i...

Katie. It look like its only going to get better from here. We have already seen the worst role through. I mean it was pouring earlier on today and it continues to do so in some portions of our west most suburb. At least here at our Broadcast Center its eased up a little bit here. Worst came through unfortunately very poor timing for the morning drive, too. But as we start things off with a quick view of our life Neighborhood Network, well turn our focus first. Raindrops on the camera lense. Sha...

And holiday sales up 22 but profit falls short. Shares of microsoft are up after beating the streets expectations. The Company Recording more than 25 billion in revenue for the quarter. And carl icon getting three seats on the board. First up, the dow and s and, p on rise for the worst january. Gdp up. 7 and that comes after the surprise rate hike by the bank of japan. And the nasdaq is down 10 here today. Dow is nearly 7. 8 decline and s p down. And the russell is worse 11 or so. And utilities ...

Know, the holy grail of i. T. Used to be four ts which still allows you time to update your systems, take them down if you need to, but you cant take down a water pump to update or patch the latest, you cant take down the water pump thats feeding the washington area, so it makes it very hard to align the needs of i. T. And opt t. , and that creates o. T. And that creates gaps that people looking to create nuisance can exploit. In the nearterm, mediumterm, the first thing is that nist met your na...

My reaction was, if theyre that worried about it we should be that worried about it as well. I think focusing on the border is something thats very important. I think the economy i really do think that we need to have an immigration policy that understands and complements that promotes our commerce within the United States. We need to understand that immigrants are a very important part of our work force. I think that Legal Immigration can improve our economy can improve productivity, can result...

Nominations, nlrb or of those, if youre president and you are liberal left, so you want the nlrbt somebody in that happens to be on the payroll forbors the last 20 years, you know, you probably couldnt bet him senate orrepublican even if the democrats controlled with 55 or something, probably couldnt. So youre going to have to get somebody more mainstream. Got 51, full speed ahead. So you can put in somebody the e. P. A. Or so on, because you can get your people in. Figured that who ever won the...

Love with eniac. He knew what it could do. Then it was this very wonderful thing where he taught clarie how to program it. There was a debate of who so what first, but somebody saw that they were designing the institute machine and writing code for it. But the machine was not ready. Someone said, we can rewire eniac and run programs on the eniac. They spent six weeks rewiring it and getting it to run. That was the origin of modern software. And that was such a fruitful time. So it was a mixture ...

German bond is the short of a lifetime. He joined street smart earlier today to explain why he is betting against German Government bonds. Bill its about five years forward in both germany and the u. S. , but the yield difference between those two is about 200 basis points lower for germany. So equal quality, yes but 200 basis points lower in germany. That says u. S. Treasuries are a whale of a by and german bonds are a whale of a short. Im suggesting if you want to hedge, the best thing is to s...

Local governments will be enough to keep the country afloat until the end of may. Access to the cache is critical with bailout talks at a standstill. Here is former ecb president. We have to be totally realistic. It all depends on the maturity of the position of the great government understanding that in any case, if it wants to deliver growth and jobs, which is the main goal of the government it has to produce recovery. Emily people say resistance to greek assistance is growing at the ecb. Russ...