. >> i am mike lynch, the owner of babylon burning screen printing. my family wanted to come today to make me extra nervous. >> don't be nervous. >> richard did such a great job. i want to thank richard, such a big help for helping us with putting this altogether. we don't want to dwell on the past. we have a big history. we have been doing this a long time. i want to thank the commissioners and the historical preservation for listening and being aware there is small businesses struggling. this is the second time i have spoke. i can hear, including my own voice is shaky. that is the way it feels now as a small business in san francisco. it is shaky. i don't know if next year the landlord will raise the rent or kick us out. i don't know if the beautiful brick building is right beside the san francisco tennis club which is coming down. are we next? it is a beautiful brick building. that is the way it feels as a small business in san francisco. i have san francisco natives that work for me. i get to do as a small business i get to pay them well, and pay

my name's mike lynch. i'm the owner of babylon burning screen printing. let me throw my gum away. i wanted to thank shelley and a whole bunch of other people that helped us put this all together and it was -- it was great because i know a lot about the business. i worked there when i was a teenager, when i moved here in the '80's, went onto do other things, but then, the opportunity came up, and i was really close friends with the owner, and he was burning out and just wanted to surf, so i took over. i didn't really want to talk about the history of the business as much as kind of touch on what dennis said about, like, now, like what is going on now. this is kind of ironic that we're here and kind of being acknowledged as a business that's been around for so long, but we're struggling so much. with the city with all the money -- and i've seen it happen for so long. i've been here for 40 years myself. with all the money, all the tech companies in soma, and it's changing so much, and there's buildings going up left and right in my -- right on my street, and they're not coming in. so

pippi is import it will adjust to that >> mike santelli is here as well michelle meyers is joining us on set the global research head of bank of america, merrill lynch you into the conversation as well mike, you were going to say? >> i was going to say, are we going to tag the 3% on the ten year, i don't mean for good. i mean no for the moment everyone said there is nothing when the 240 and 250 and 3 that will slow it down. it seems to me people are pocked in this direction already. maybe that's not why 23 are getting dramatic reactions in the treasury market is there people look at the round number effect i think when you actually take the component parts, inflation will accelerate. we think to the low 2s you say 2 and a quarter, 230 real rates, in this environment say 1 and a quarter. >> that gets you no the low 3s, in terms of the tenure that's where we are going. there is so much demand. >> i don't want to pile on the empire state and philly fed numbers shot up a lot and that suggests again at the producer level, manufacturing level, michelle, your thoughts on that? is that a bad seen of inflation? you take that seriously in. >> i don't think it

mike flynn within 23 days of it. in terms of all these conversations and stuff, here's what i don't get. clinton campaign and the obama white house and loretta lynch were all just fen natiofinfe fen nation gling. public that we were being investigated by the fbi. then they shift to trump, no one knows they're shifting to trump. fast forward to october. comey at the worst time brings it up again, still not saying anything about trump. nohow on earth can you say the logic there exists. >> martha: it's possible that it back fired. you know, that the assumption was that hillary clinton would win and that, you know, they were working to discredit drunch the candidate. >> why would we allow the investigation start in the first place if we could just turn it off. >> martha: let me make tammy weigh in here. what do you think. >> we are in a age where there is rhetoric and spin. now we are dealing with some facts on the ground frankly i'm also surprise you had. republicans are not good at getting things done. look at mollie hemingway at the federalist with the details of the moment by moment report by report, fact by fact about how this has unfolded and ho