being built. on behalf of the team that have put all of these ac 45's down in new zealand, testing, there has been a tremendous effort to design, build, manufacture, trial, transport, and get all of this in under 12 months to portugal. it is nine months to this day. truly remarkable. what is even more remarkable about it is, when you try to do something new, you often make mistakes, but these boats, these teams, what we have seen from the speed of sailing, to the spectacular capsize, theseboats

are designed for what they -- are functioning as they were designed to be. for many traditional america's cup people, there was doubt whether these boats would put a little ahead of them. they are providing exactly what we needed. so often go to portugal. there are 50 boats on route to portugal. 136 containers. there are tents, people, juries, 100 television people. the america's cup world series is a big event. for us to assemble all of this and liz bonn, -- lisbon, starting the world series, major planning and logistical. we will pick up all of that

equipment in portugal and transport it and reset it in plymouth some 30 days later. in the world series, today, we have the team that will be participating. the boats are and progress of being assembled, tested. more than just the five people on the boat. each boat will carry up to 25 people as part of their team to participate. of course, this is all about the america's cup coming here in 2013. the america's cup world series provides not only the background for the teams to practice, learn how to sail catamarans, wind sails, what with their sponsors to win the event, but it also

allows us to educate us about the role that we raise in, educate the people out there fascinated by these boats, and allows us to bring it to the people, prior to coming to san francisco. we hope to bring an enormous event here to san francisco. the early signs for the ac 45's, which are really the training wheels for the ac 72's that will be performing here. imagine a boat that is substantially larger going much faster. it is what you have already seen on steroids. by the way, we are drug tested and every event. maybe the boats will need to be. [laughter]

so we have 10 boats, eight nations on the start line in portugal. we are looking forward to it. there are a lot of people working hard on it now in portugal, a lot of people working in london, here, and around the world. for all of the supporting us through this venture, thank you very much. i think it is now to meet the stars of the show and the teams. thank you very much a [applause] >> looking for to see what you have planned for this international affair. we promised you an opportunity to meet the teams competing for the 34th america's cup. starting on my right, the chinese team. next, from france from the left. the emirate's new zealand team. from italy.

on my left hand side, from france, the energy team. we have team correa, from the republic of korea. are the best racing from sweden. from the united states, or call racing. -- oracle racing. let's hear it for our teams. so we begin and meet our representatives from team china. i want to ask you first of all, mr. wang, in your second run to the america's cup, what are the important aspects for your team, this time around? >> the china team is a true chinese team with chinese sailors, built and designed in china. >> next door to them, a team of

france. a long history with the america's cup. when is it about the america's cup that keeps the french coming back and winning and succeeding? what keeps you coming back every year? >> america's cup is very important in france. it is have a great opportunity every four years to race against the best in the world. it is part of our history in france. wonderful to be here. >> next to you, representing new zealand of the emirate's team, welcome to san francisco. you are one of the more experienced teams. how do you see the field shaping up in the 34th america's cup? >> we have a fantastic group. the quality of the teams will reflect the quality of the events in the end.

we have a nice mixture of teams here, a good number of competitors. it will be fantastic. >> next, representing at italy, darrio valencia. italy has been involved since 1993. what keeps you coming back and what are you excited about this next america's cup? >> there is a field in italy because of the tradition and glamour it represents. there has been a history of successful italian teams in the competition. this time, we are adding several extra dimensions with the format be more exciting and the accessibility of the racing to people who may not have necessarily followed it before. our aim is to maximize this within italy to promote the new format, using social media, new marketing, everything possible,

to showcase italian made around the world. >> and you have a secret weapon, a 25-year-old skipper who is pretty hot for what he does on the boat. ladies, calm down. we look forward to your position. good but. -- good luck. over here we have rubin from the french energy team. what is getting you geared up for this year's at america's cup? >> the last time i was here 12 years ago at the america's cup, we crossed the golden gate and it was a completely different game. this time is completely different. we have been sailing and racing

for the past and 30 years. this was an opportunity to put this experience on this endeavor. i am sure that with our team we will have a good team. it will be a tough job. >> thank you. part of the america's cup for the first time, the republic of korea. representing team korea, kim dong-yun. >> we are so proud to be representing the republic of korea here in the america's cup. thank you. >> thank you and good luck in your first participation. next, we have sweden's artemus

racing. you have had some testing times. what is your overall impression of how this will function in the america's cup? >> having spent the majority of my life going at 9 knots, the 45's are a different beast. they are demanding on sailors and short cruise, and everybody involved gets a full whipping from the start to the end of the day. i take my hat off to the organizers were giving us this opportunity. i think we will see something quite spectacular through just the awesome power that these boats create. /( is, depending on how you look at it, these are the small versions. when they get into the 72's, that will be magnified by 100%. -ç you, a team that had

an inventor on the water. oracle racing. i am glad you survived. that was you, right? >> yes. [laughter] >> no one injured? >> a few bruises, but no one injured. >> what happened in that moment? >> well, we capsized. >> new to the sport, but thank you for that technical answer. what is the difference -- these are terms that you use in your sport. what is the difference of on the edge and over the edge? >> i think i have become more qualified to speak on this subject in the past few days. really, that is one of the challenges. one of the challenges that i

will face over the next few years is recognizing where that point is. i think it is a matter of experience. the experience that i had in the last few days' sailing in san francisco in strong conditions, i am starting to recognize when that limit is reached. it will probably take a few more bad decisions to really cement that in my brain, but i am trying. >> good luck. ladies and gentlemen, this is an international affair and it is coming here to the bay area. these are just some of the competitors. please give them a round of applause for their presence here. [applause] and so, with that, i would like to introduce you to our mayor edwin lee. [applause] >> thank you, liam.

thank you for being in mind the room every weekend exposing the greatness of the area. i have been working hard on another job for past five months. charlotte schultze, our chief protocol officer, has been bugging me to get out of the budget, pension, and into something really fun, international, and that is why i am here today. i want to thank our port director and port commissioners for joining us as well. i could sit here and talk about resources efficiency, environmental adaptability is, all of the things that we started out with, but what i really want to talk about is how exciting this race is going to be. i want to welcome the teams here on behalf of san francisco. we appreciate your competition, your entry into this race.

mr. birth, mr. murray, thank you for your leadership on this. we are excited about this to no end. after monday's ride on that a slower sailboat, being passed by id ac -- by the ac 45's, it was really exhilarating. i have been tried to think about how to explain this sport to a novice. as i was thinking about the ac 45's, and as they were crossing the us, and as i saw the teams on that boat, doing everything they had to do to keep the sales in place, to keep balance, i can only think of two other

analogous sports. at least on the 45's, and i expect it will be as dramatic as on the 72's, you need the ability of a professional basketball player to be able to function. you have to have the precise this of a 40 niner super bowl team in order to do well. then you also have to have the execution of a world series giants seemed to be able to win the competition. with all of that, i know all of these skills will be necessary for each of these teams to be able to compete well. and to be on a fast-moving boat, with the waves and wind going in all different directions, and to beat the other boats, you will need all the agility, precision, and execution that you know how to do.

it is really a lot of these sports abilities combined to make the vote successful. i want to thank the authority, event organizing committee for bringing this to san francisco. we know we're ready. the funding will be there. i know kerry is working hard. we have already raised $2 million, and that is before the nonprofit status has been granted. we have promised to raise over $32 million by the time 2013 comes. as we approached this, as the international regatta starts, i want to congratulate the teams for being here and to perhaps signal to you a friendly but competitive phrase that we use in the bay area. when you start this competition, let's get it on. [applause]

>> thank you. [applause] >> didn't marvin gaye also have that phrase, mayor? [laughter] we are as excited as you are about this international, global event. what makes it even more exciting, this is the only new global sporting event that will come to america in the next 10 years, and it is coming right here to san francisco. this is coming in many ways, our world cup on the water. the olympics on the water. again, ladies and gentlemen, thank you for being here. thank you for our teams represented from all over the world. and as the mayor says, let's get it on. let us hear it for the america's

cup 34. we will ask the teams to stick around. they will do a group photo and then there will be someone on one interview opportunities. thank you for being here. cheers. supervisor chu: thank you very much, president chiu.

i wanted to emphasize what supervisor cohen, and this is the same conversation we have had with the nominee, and i look forward to seeing mr. ramos and the conversations and the balance he has expressed to me, and also recognizing some of the challenges that different neighborhoods might have with having accessible transportation, usage of cars and how is he would balance that, given multiple demands there might be, such as large families among other things. so i look forward to that conversation. my parents immigrated to the united states about 30 years ago, and that probably was the most formative part of my background. growing up in an immigrant family, you learn many things. my parents raised me in southern california, and i grew up in the restaurant business. they had a small restaurant at the time, and i was there every weekend working, and it taught me the value of working hard and what it meant to be part of a small business, a small family, and an immigrant family at that. growing up in an atmosphere in

being impacted by the los angeles riots when it did occur. we were always worried watching the news to see whether or not the restaurant would be looted, whether it would go up in fire, so it was something that was a big concern and worry for my family at the time. i remember thinking even at that age how important it was to consider what the economics were in communities, whether people had or felt that they had opportunities or did not have opportunities, and what role it was that government played in those outcomes. >> [inaudible] supervisor chu: that is what really put me on the path to public policy. so i pursued public policy both at occidental college where i went to school as an undergrad, and also uc berkeley where i pursued public policy. i work on public finance for a while after i graduated and came back to government to really pursue that. ever since then, i have stayed

here and fallen in love with how wonderful the bay area is. it is a really great place to be. all around the room, you will see a lot of great financial institutions. talk to them. you will see people who can help you with financial aid. talk to them. he will see departments that might have summer job opportunities. talk to them. utilize your opportunities today. learn a little bit about what you should be thinking about in the future. generally, a very practical legislator. i like to look at what the impacts of legislation would be before really voting on it, so i think, depending on the issue, you can move around, and that should be the way most people think, which is let's consider the facts of legislation before you actually consider it, irrespective of what spectrum it comes from and what spectrum it is perceived to be.

sunset district is a great district. has many residents who are families. we have a lot of families in our district. lots of kids, seniors, people who have raised their families there for many generations. the big issue moving people is the state of the economy. how is it that we are going to be able to bring down the unemployment rate in san francisco? how is it that our future generations, our kids, and our youth are trained so they are able to take advantage of what is emerging? whether that is clean technology, technology in general, the health-care industry or other things that might be looking rosier in terms of future economic activity. thank you. today, i am very happy to have come with you all and to bike in today. i was able to ride a bike that

had a two-person seat on it. i was in the back, and we both paddle together, and one thing i wanted to say is if you bike to school or anywhere, make sure to always wear a helmet. make sure to be safe, and of course, have fun, right? in terms of interesting jobs, this has to be one of the most interesting jobs. you work on a whole host of issues all year round, and you meet so many interesting people around the way, so i really enjoyed that.