that's about 5 percent of all billionaires in the world where there and there was a guggenheim steve menard he sees the market as a ponzi scheme you should have seen the bloomberg guys who were like what do you mean a ponzi scheme that sounds like this a bad guy like made off and he was like well they might not be intentionally bad but it's the fed the fed is the equivalent of mate off in this situation and he ended by saying buy silver so it sounds like kaiser or well remember the federal reserve bank is as much a government institution as federal express it's not. a private bank servicing private private banks are engaged in a massive fraud as we say now that something like this corona virus is a direct result of feel that responsibility in such a bank some people are dying always of it the most cruel all right go take a break when we come back much more coming your way. with the pope's isn't just do something to. put themselves on the line to get accepted or rejected. so when you want to be president and you. want to. have to go right to the press this is what before 3 in the morning can

business model that's up with us from the phone call to see which would put even the lady gaga or mickey menards to share. that comment or 2 without. coming. back. in the yet can had been put on and had a bit got to go we were happy that when you know what you had back now we hear how you want to get out and how going to do it is not i got. to do. so i don't. care to come back to a document to use i'm not doing too much now know how to do a good sample no. law yet on him to do what i got from a company. to look at their down time and. you know how to handle your debt how. logical why he. doesn't have the shareholder. who. should. do to you he. shall. go up to you he did that he was hot but. he was. about to be i think he would have. he was it what you would see clear george bush are some thoughts who are. caught. up. there was a. fire outcome in the form of the 2 though transmission so you carry it the way i don't see it highs ago. would do it in your intuition and then i knew that then known point has additional wobble fatback do it in the sun. do you get your pendant have some had damage damag

nick menard from the budget and legislative analyst's office. we two have two navigation centers that are scheduled to open in the fall of this year, so assuming that timeline remains intact, they would meet the six-month requirement in the ordinance. >> chair mar: great. thank you. that sounds good. and then, supervisor haney, one of your amendments is to extend, for the other nav centers to be opened, from 30 months, to 36 months. that sounds good. so yeah, i -- well, i -- actually, i'd like to move into the discussion about the proposed amendments. and again, supervisor haney and myself both introduced some proposed amendments today that i -- i guess are not necessarily -- i think a lot of them are complimentary and fine, and so -- but i would like to maybe -- i think process wise, it's good to start with the section -- the amendments that are proposed for section 106.3-1, requirement to open new navigation centers, because i think that's the section where there -- there -- there's some, like, sort of misalignment with the amendments we're pr

i'm nick menard from the budget legislative analyst office. i'm here to present to you our cost estimates for opening an additional vehicle triage center. so as you all know, the department of homelessness operating the vehicle triage center at san jose avenue. this site is an s.f.m.t.a. parking lot is is expected to be developed into affordable housing. to develop cost 'ems for opening another vehicle triage -- cost estimate for opening another vehicle triage center, we consulted with the department of public works as well as real estate to understand the current capital and operating costs of the current site and to understand the universe of potential other sites. i would like to thank dill land schnieder for -- dillan schnieder for her help. we show cost estimates for an additional center that's equal in size to the current one as well as one that's double in size and one that would be triple in size. i'll start with the capital costs, which are the costs to make the site ready. you can see they are itemized here on the slide. and those ra

"outfront" now, scott menard, the global chief investment officer at goog enguggenheim pa. year so far gone in a day, a trillion dollars gone from the american markets in two days. you have been raising the red flag about the coronavirus impact on the markets and the economy for weeks. how much worse do you think this gets? >> well, erin, it's interesting. i had said that i thought the market would pull back 5% to 10%, if things stabilized where we were about a week and a half ago. obviously, things i think we are just beginning to see the sell-off. i would expect we could go down maybe 20% from the highs. we're down only 5%. i think we have more down side risk. >> president trump tweeted today, his words, i'll read it to you, the coronavirus is very much under control in the usa. we are in contact with all relevant countries. stock markets are starting to look very good to me. obviously not. not something you agree with. >> right. i think it is in the world health organization and the cdc's interest to try to play down how bad this is. the reality, erin, we're not prepared

i'm nick menard from the budget legislative analyst office. i'm here to present to you our cost estimates for opening an additional vehicle triage center. so as you all know, the department of homelessness operating the vehicle triage center at san jose avenue. this site is an s.f.m.t.a. parking lot is is expected to be developed into affordable housing. to develop cost 'ems for opening another vehicle triage -- cost estimate for opening another vehicle triage center, we consulted with the department of public works as well as real estate to understand the current capital and operating costs of the current site and to understand the universe of potential other sites. i would like to thank dill land schnieder for -- dillan schnieder for her help. we show cost estimates for an additional center that's equal in size to the current one as well as one that's double in size and one that would be triple in size. i'll start with the capital costs, which are the costs to make the site ready. you can see they are itemized here on the slide. and those ra

nick menard from the budget and legislative analyst's office. we two have two navigation centers that are scheduled to open in the fall of this year, so assuming that timeline remains intact, they would meet the six-month requirement in the ordinance. >> chair mar: great. thank you. that sounds good. and then, supervisor haney, one of your amendments is to extend, for the other nav centers to be opened, from 30 months, to 36 months. that sounds good. so yeah, i -- well, i -- actually, i'd like to move into the discussion about the proposed amendments. and again, supervisor haney and myself both introduced some proposed amendments today that i -- i guess are not necessarily -- i think a lot of them are complimentary and fine, and so -- but i would like to maybe -- i think process wise, it's good to start with the section -- the amendments that are proposed for section 106.3-1, requirement to open new navigation centers, because i think that's the section where there -- there -- there's some, like, sort of misalignment with the amendments we're pr

next, we've -- i just wanted to ask nick menard from the budget and legislative analyst's office to share kind of highlights from your analysis on this item. >> sure. thank you, chair mar. so the proposed resolution states that it would authorize the department of public health to provide a grant of $350,000 to edgewood center for children and family services for a 90-day period so that the organization may continue to operate. the grant moneys will be sourced from prior appropriations from the city's contract with edgewood, and as the presentation stated, they have sought board approval to issue this grant because the board doesn't issue grants for this purpose, so for that reason, we consider this to be a policy issue for the board. >> chair mar: colleagues, before we go to public comment, would either of you have any questions or remarks? okay. why don't we go to public comment. so i have a number of speaker cards that have been submitted. if you hear your name called, please step up to the right side of the room and step up to the microphone. jessica anderson, kerrie kirby, chris bigs

menard from the budget legislative analyst, if you could just give us a quick summary of your report that you had for us today. great. >> good evening, svi