community union. we are like a bank except we are nonprofit. we are 501 c 14. we are insured up to 250,000. we build credit. what we do a lot is one-on-one counseling. we are also a part of the bank of san francisco, so we do pay their lending -- payday lending. we help people build up their credit before helping them to get a bigger loan amount. especially people who want to start a small business. credit unions offer micro loans. we do a lot of micro loans up to $50,000. this is -- we check credit. we need a business plan. then we look at the three-year tax return and that statement. we do a lot of home care and mom-and-pop shops. we also do start ups. we asked for approval through documents. we work a lot with people who do not know how to file taxes properly. we are mainly focused in san francisco. we are small. we focus mainly on the tenderloin, chinatown, bayview, visitation. we do a lot of expansion. people start small through the credit union and then want to go to the bank. we know we are limited. we cannot afford to give out a big loan. starting from

next, we have the ceo of ne community federal credit union. since 1988, she has been the ceo of northwest community federal credit union. under her watch, the credit union group to over 1600 members. it has become the national model for institutions seeking to provide financial education and banking services to the low- income communities. last but not least, we have our conditional lender represented here by wells fargo. mark cyrus is the senior fda banker for the region -- the senior sba banker. he held businesses choose the best loans for the growing business and focus on a comprehensive understanding of their goals for their business. mark is responsible for helping entrepreneurs with sba loans every step of the way. i would like each of you to speak a little bit about what your organization does and, more importantly, address the audience here and let them know what your looking for when you are hoping to fund their loan. we will start with you, mark. >> absolutely. thank you. i want to thank speaker pelosi for putting this together. i wan

dan cantor is a former community and union organizer who's executive director of the working families party. that's a third party that began in new york state and has now spread to five others. since its launch 15 years ago, he's helped lead the party's efforts to elect progressive candidates throughout the state and worked to increase new york's minimum wage and raise taxes on the rich. jonathan soros is one of those who would pay more. he's a lawyer, investor, and philanthropist working on economic change and social goods. a senior fellow at the roosevelt institute exploring the role of corporations in society, and co-founder of the super pac friends of democracy, which aims to counter the influence of money in politics. an irony we'll discuss later. dan and jonathan are on the front lines of the fight to make new york state a national model for the public financing of political campaigns. welcome to you both. >> thank you so much. >> glad to be here. >> what an odd couple you are. jonathan, you're a lawyer, a man of means, you're active in finance, among other things. daniel, you a

square community about the impact that this organization has had in union square within a part of town that sees some of the most densely traveled and densely parking situations that we have in the city. so, with that, colleagues, ask for your support for this and we will proceed. >> great. i assume, colleagues, that we need a roll call on this. we can have a roll call, madam chair. >> on item 16, supervisor cohen? cohen aye. supervisor farrell? farrell aye. supervisor kim? kim aye. supervisor mar? mar aye. supervisor wiener? wiener aye. supervisor yee? yee aye. supervisor avalos? avalos no. supervisor breed? breed aye. supervisor campos? campos aye. president chiu? chiu aye. supervisor chu? chu no. there are 9 ayes and 2 no's. >> the resolution is adopted. item 17. >> item 17 is a resolution retroactively approving the boarding area "f" specialty store lease between avila retail development and management, llc, and the city and county of san francisco, acting by and through its airport commission with a minimum annual guarantee of $162,000 for a term from

development, the mayor's office on disability, and one of our community partners, northeast community federal credit union and really low and asian neighborhood design that provides a lot of support to our smaller businesses. it is an important town hall that will support our small businesses and our city's effort called invest in neighborhoods that is supporting small businesses that are challenged with these types of a-d-a lawsuits. and i'll also be walking with mayor ed lee down geary boulevard on thursday at 12:30 to raise awareness of the invest in neighborhoods program that's helping not only geary boulevard, but balboa and clement and merchant corridors in my district. and coming up in a few moments we're going to honor the history of grassroots community organizing and talk a little bit about the history of fred roth and his legacy in supporting not only the farm workers movement, but making our constitution a reality for many of the most vulnerable in our communities, but especially championing community organizing. and we have on the imperative agenda today and also a 3:30 combination, a number

substantive rules, we were convinced as you say and i said many times that the smaller community banks and credit unions could not do the kind of thing that caused the crisis so we should take account of that to protect their lending model as we regulate to prevent the crisis from happening again. on the servicing rules we exempted smaller servicers from having to comply with big chunks of that rule in consultation with people and qualified mortgage will we get a proposal that would allow smaller banks that cheap loans in portfolios to be deemed qualified mortgages and that is quite important and been well received and looking to finalize that proposal. >> since my time is short, maybe people haven't -- glass-steagall was put in place in 1933 to prevent exactly what happened to us. it was in place for approximately 66 years until it was repealed. up until the 70s it worked pretty well. we start seeing changes and chipping away new rules and took power away from glass-steagall and repealed in 1999 and the collapse of 2008. the volcker rule doesn't do what glass-steagall does but why have those protection

. >> my duty is to report on the state of the union, our american community. the state of the union is strong. >> as we gather tonight, our nation is at war. our economy is in recession. the civilized world faces unprecedented dangers. yet, the state of her union has never been stronger. >> it is because of our people that are future is hopeful. our journey goes forward. the state of our union is strong. >> tuesday, president obama delivers this year's address live on c-span at 9:00 p.m. followed by the gop response, and your reaction. christ >> eric cantor talked about the republican party's agenda. this is about 50 minutes. >> good afternoon, ladies and gentlemen. i'm arthur brooks, president of the american enterprise institute. a speech "making life work." now an ordinary introduction would chronicle eric's incredible political career and talk about his numerous legislative accomplishments. but eric's career, as most of you know, is not primarily a collection of accomplishments. it's a long-term effort to make a better, fairer country for all americans. eri

communicator and dismissed by those as a actor. >> he had courage toto stand on principle and paved the way for the end of the soviet union and communismn eastern europehe was an actor who left to become a politician and president. from politics to acting, now 32 years later, we have a person in the office who once was a politician and now is it an actor. pretending to be president and acting alarmed over the very sequestitration bill he proposed. i liked it when hommy wood actors became great leaders than when chicago politician became great actors. stow the president has been blaming republicans in the deadline, but how many menches none what sequestration is? wep sent bill shultz to find out. >> taking a jury and take them away from the press and media. >> and you malady. what is it as relate to the republican congress and president. >> now you have me. >> are you single? >> what is sequestitration. >> it is it 48th and what is it >> i don't know. >> i am not clear myself. >> it must be weep use in our dail lives! , are you a politician. >> what is that. >> a horse. >> it is not like a horse. >> there is it a sequestration problem w

minimum standing to have 25 percent of our community in 1975 had a memo of agreement that was ratified and signed by the board of supervisors and the mayor and the unions to have 50 percent community, and 100 percent city-wide and those are the same mandates that we are going out for bay hunter point. i don't care what the city comes up with, we are demanding 50 percent community and 100 percent city-wide contractors and we want to make sure that this city, contractors, have a part of that contract or this school day by day will be stopped. >> thank you very much. >> thank you, public comment on consent items is now closed. item g, consent calendar. i would like to hear a motion, please? >> move for the consent calendar. >> thank you. >> are there any items withdrawn or corrected by the superintendent? >> none. >> any items removed for first reading by the board? >> any items severed by the board or superintendent for discussion and vote tonight? >> commissioner wynns? >> i would like to remove f10. i think that is the right. >> f10. >> will you tell me which? >> on page 59. >> i see it. i see it. okay. >> just because the agenda item does not specify

. ♪ ♪ >> just a few steps away from union square is a quiet corner stone of san francisco's our community gallery has a 20-year history of supporting visual arts. experimental music concert, and also readings. >> give us this day our daily bread at least three times a day. and lead us not into temptation to often on weekdays. [laughter] >> meridians' stands apart from the commercial galleries around union square, and it is because of their core mission, to increase social, philosophical, and spiritual change my isolated individuals and communities. >> it gives a statement, the idea that a significant art of any kind, in any discipline, creates change. >> it is philosophy that attracted david linger to mount a show at meridian. >> you want to feel like your work this summer that it can do some good. i felt like at meridian, it could do some good. we did not even talk about price until the day before the show. of course, meridian needs to support itself and support the community. but that was not the first consideration, so that made me very happy. >> his work is printed porcelain. he trans

a whole series of different banks, community banks, credit unions and others playing key roles and theernment standing way back. >> so walk me through this, senator martinez. is the idea that it would essentially that private banks would get together and be their own fannie and freddie of some form but with private money? >> it would put private money in the first place. you have government guaranteed entities with the government as a back stop but with private investors and that system didn't really work. we need to move to a new system, continue securitization but do it in a way that ensures that the government comes in at the last place so we have the banks first, then we have credit enhancers which would be companies that would be in the position to take the first hit, if you will, for a fee. and then ultimately the government will be in the last place but the government guarantee would only come with a funded program that would be part of what we would create out of the system. >> this sounds good but secretary cisneros, how do you unwind 90%? this could -- could this cause a hous

will continue. >> my duty tonight is to report on the state of the union, not the state of our government, but our american community. and, to set forth our responsibilities, in the world and -- words of our founder, to form a more perfect union. the state of the union is strong. >> as we gather tonight, our nation is at war, our economy is in recession and the civilized world faces unprecedented dangers, yet the state of our union has never been stronger. [applause]>> it is because about our people that our future is hopeful, our journey goes forward and the state of our union is strong. next tuesday, president obama -- >> tuesday, president obama delivers his state of the union address, followed by the gop response and your reaction. the state of the union, tuesday night on c-span, c-span radio and c-span.org. an historian on mary todd lincoln. >> three of her four children died. one in the white house, one shortly after her husband nick -- assassination. the kind of grief this woman was going through was amazing, and the folks demonized her for that, thought she was crazy. we found out she was not crazy, but mary

people tell me how surprised they were when the soviet union failed. communism always fails.you don't know what to do. they might do something crazy, but it always fails and stated some fails. .. >> you have to have the right. secondly, we had a really high respect for rational decision-making, making logical decisions based on the facts. not evading the facts doing a very thoughtful process. but most importantly, i think we need to get a clear sense of purpose. we need to accomplish this purpose. you must arrange her self-esteem. it is the foundation for happiness. happiness is the beginning. happiness and having a good time on friday night. i call it blood, sweat, and tears great when you are 80 years old, look back and say, that was hard, but i'm glad i did it. properly earn, self-esteem is most important. for my the vast majority of people on the planet, single driver is your work for self-esteem. you can discourse yourself time and time again. that is what makes work important. we actually have very spiritual issues. you will never fool you. no matter what. if you view y

communicator, but dismissed by liberals as some old mediocre hollywood actor, but ronald reagan's skillful governing, clarity of his convictions and courage to stand on principle paved the way for the end of the soviet union and communism. and he helped the economy get back on his feet. yes, he was an actor who left that job to ultimately become president, from politics to acting. and now 32 years later we have a person in the office who once was a politician, but now is an actor. (laughter) pretending it be president enacting alarm over the very sequestration bill that he proposed just two years ago. you see, i liked it bet are when hollywood actors became great leader than when chicago politicians became great actors. [applause] well, the president has been blaming republicans in the upcoming march 1st deadline when sequestration will take effect, but how many americans really know what sequestration is. to find out we sent red eye's bill schultz out in the streets to find out. >> sequestering when you take a jury and put them away from press or media so they can't figure out what's going on. >> you my lady have now arrived. and what's the givens between sequestering and president obama. >> you have me.

i myself who have been involved with the community is also currently serving as a director with the union square business improvement district. >> thank you very much. >> excuse me, a question for you, then. you're both the manager of the japantown and sutter stockton? >>> no, i am for the sutter stockton garage and we also oversee the union square garage with a lease pending for recreation and parks department. >> okay. so, you're not involved with the day to day of jpg town? >>> no, i'm not. >> okay. thank you. >>> thank you. >> next speaker, please. >>> [speaker not understood], i'm the president of the uptown parking corporation. i served on this board upwards of 25 years. in answer to your question, our board makeup of people like neiman's and sak's and barnies. we serve the community, the customers that come there. i also want to point out that our corporate manager and the accountant, that's our entire staff. and we share that with our union square garage. and if the city were to take that over -- mta would take it over, they'd have to use those people or hire somebody anyway. it's