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[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] this subcommittee will come to order. Welcome everybody to todays hybrid hearing. Pursuant to house rules members will appear remotely via webex. A fact i may be the only member appearing in person, although all three of her witnesses are here in person. We appreciate that. Since many members are appearing by webinar let me remind everyon...

Is international. Hi there im max kaiser this is the kaiser report you know the stock market as a subset of the economy has undergone a transformation and become the plaything for speculators fueled by incredibly egregious money printing by a rogue central bank and this is causing all manner of dislocations mal investment in societal changes for more lets turn to Stacy Herbert hey well you know what something that you predicted would happen is happening and its coming true billionaires lining up to take their companies private so what will robin her dish trade when everything has been l b. Rig...

A number of years all this money printing in the strategy of Companies Taking themselves private or buying back their own shares with the 0 percent Interest Rate would end up with a economy and a stock market that doesnt exist anymore because its all been taken private remember during the 1980 s. Michael milken introduced the revelation in the revolution in leveraged buyouts the l. B. O. They borrowed money they acquired companies they sold off assets they kept a difference and they made many many billionaires the 1st huge wave of billionaires in America Thanks to Jackson Burnham mike milken i...

Thank you for giving us your time today. Thank you for the Economic Club for paying attention to me. If those dont know your background the 75th postmaster general the first one is behind you, Benjamin Franklin the inventor of the Postal Service. And who are native of new york went to college in florida and then went back to your familys business and bolted up North Carolina one of the larger logistics and you have been very involved in philanthropic activities at Duke University among other places and thank you for giving us your time today. So at the outset, when you agree to become postmast...

We request your patience in advance to enable public participation, sfgovtv is broadcasting and streaming this live and well receive Public Comment for each item on the agenda. Sfgovtv is displaying the callin number on the bottom of the screen. And comments are opportunities to speak during Public Comment are available by phone by calling 14156550001, and entering access code, 146 179 5679. When you are connected and would like to submit Public Comment for an agenda item, press star and then 3 to be added to the queue. Each speaker will be allowed up to three minutes. When you have 30 seconds...