eric thomas. >>> this morning, today the bart to san jose project guess a big infusion of cash to begin the -- gets a big infusion of cash to begin the first phase. sue thompson is live at san jose city hall where the celebration will be held in a few hours itch >> reporter: good morning. this is going to be -- quite a day something that will change the lives of south bay bart commuters in a big way. the federal government is standing by to give vta valley transportation authority 900 million dollars to use towards project. here is what the plan will look like this 10 mile tension from fremont to -- will cost 2.3 billion dollars. 900 million will come from the federal government. the state is expected to kick in around 650 million. the rest of the it will come from a local sales tax measure that voters approved in 2008. this project is also expected to create 5500 construction jobs. the first one million dollars of that 900 will be received today during a big ceremony and celebration. word is construction could begin as early as next month. south bay leaders say they've lobbied more tan a decade to get this funding. leaders say the 900 million dollars from th

thompson's phone and not mine. it wasn't yours either. >> bye-bye. >> greta: attorney general eric holder calling fast and furious bad law enforcement. he appeared frustrated. >> once it was brought to my attention, i stopped it. i stopped it. in spite of what other attorney generals might have done with briefings that they got. when this attorney general heard about these practices, i said to the men and women of the united states department of justice, to the field, this ain't going to be the way we conduct business. stop it. >> greta: so what do they think of latest testimony. chairman issa, we spoke to him a short time ago. >> nice to see you see you. >> nice to sort of see you, greta. we're working on that issue by the way and we think it's going to be a good one. >> greta: great. what i want to talk tonight is about attorney general holder when he heard fast and furious he stopped it. is that the question you have for him? are you getting the answer to the questions you want from him? >> greta, as you know the attorney general holder didn't hear about until very late, long after people like brewer had orchestra

thompson. dr. amy -- dr. michael doyle. the honorable eric holder, attorney general.it secretary of health and human services. the honorable rajiv shaw. mrs. shaw. mr. joe lamont. mrs. andra lamont. mr. anthony gardner. mrs. alejandra gardner. mrs. carol penske. mr. david penske. mr. raj fernando. mrs. jennifer -- the honorable martha johnson. mr. steve johnson. the honorable camilla harris. mrs. mike harris. -- maya harris. the honorable wendy sherman. mr. stokes. the honorable brooke anderson. mr. james -- ms. ann windosr. mr. shelby bryant. mr. harvey weinstein. ms. georgina chapman. >> i have not seen her yet. [inaudible] [laughter] [inaudible] i am very excited. >> [inaudible] >> too humble in his accomplishments. people will learn. >> i am very excited. >> [inaudible] that was a surprise. >> [inaudible] mrs. amanda barton. mr. david ajai. mrs. ashley jasmine scott. the honorable nancy ann depearl. rm jason depearl. -- mr. jason depearl. the honorable patrick f. kennedy. ms. elizabeth slope. governor o'malley. judge katie o'malley. senator richard lugar. mrs. cha

. >> eric: a san jose city councilman who supports the city's controversial pension reform ballot measure is asking a court to strike language in the opponent's argument. pete thompson claims that the argument is false and misleading. they say the statement in question that city workers took pay cuts up to 18% and proposed pension reforms would reduce police and firefighters to 1962 levels. they filed an affidavit the highest reduction was 1% and union leaders never offered to trim benefits to 1962 levels. >> kristen: bay area school districts are barely getting passing grades for how well they teach low income students. that is according to a new report released. it ranked 1347 districts in the state and found palo alto unified scored next to last. it earned a "d" grade. more districts scored a "d" than any other grade. they did not issue any "a"s. they found that one in four latino and black students who graduate were eligible to enter the university of california or a california state university. >> you may get a bite of larkspur ferry. gold bridge district that would bring back food trucks to the terminal for one year for five days a week. food trucks would pay

thompson. dr. amy -- dr. michael doyle. the honorable eric holder, attorney general. the honorable kathleen sebilius, it secretary of health and human services. the honorable rajiv shaw. mrs. shaw. mr. joe lamont. mrs. andra lamont. mr. anthony gardner. mrs. alejandra gardner. mrs. carol penske. mr. david penske. mr. raj fernando. mrs. jennifer -- the honorable martha johnson. mr. steve johnson. the honorable camilla harris. mrs. mike harris. -- maya harris. the honorable wendy sherman. mr. stokes. -- bruce stokes. the honorable brooke anderson. mr. james -- ms. ann windosr. -- anna wintour. mr. shelby bryant. mr. harvey weinstein. ms. georgina chapman. >> i have not seen her yet. [inaudible] [laughter] [inaudible] i am very excited. >> [inaudible] >> too humble in his accomplishments. people will learn. >> i am very excited. >> [inaudible] that was a surprise. >> ready. forward. >> very pretty. they look better. >> they do. >> present arms. ♪ ladies and gentleman, the president of the united states barack obama and mrs. obama accompanied by the prime minister of brit

thompson. let's hop over to rick santelli in chicago who is being joined by the wolf man. >> absolutely. wolf man was able to extricate himself to join us here. you know, erichaven't been trading fed funds in about a year and a half. >> what do you trade now? >> over in the green room right now. >> i'll tell you, the government could print dollars, the government could print ten years, two years, five years, but the government can't print corn, wheat, and soybeans. the markets are a little more volatile. >> they are more volatile. they haven't been following along with the currency. but with the dollar move down late today, you're starting to see grains move a bit. >> here's a question for you. you know, if we had back-to-back 500,000 jobs numbers and we saw the labor force participation rate move up so it was really the real deal, how much action all of a sudden do you think could spring up in fed funds? >> well, the way things are going right now, i don't think anything's going to happen. it's still out into the 13s where they have maybe a 25-basis point hike coming in. but for the most part, that market's dead right now. nobody has any inclination that b

eric thompson, the famous maya epigrapher, wrote a paper about it. he wouldn't speak to us at meetings. obregon: but mexican artist scholar miel cruas and ththpologistlfso casoshar srling's vi. stling pugh: it was athat time that alfonso caso announced that he considered the olmec the mother culture of mesoamerica and at that time, that just put the olmec on the map, because he was the outstanding mexican anthropologist. obregon: in fact, the origins of olmec art turned out to be far older than even covarrubias, caso and stirling imagined. radiocarbon dating at san lorenzo and other olmec sis hapushed back the ginning of olmec culture by more than a milleium, to circa 1,200 b.c. newsre announcer: now we're off for the second phase of our exploration. obregon: stirling beganigging at san lorenzo in 1946, with the archaeologist philip dcker. stirling pugh: and sure enough, ere was a big head, a beautifully carved big head, much finer [d] more ndsome thanhe ones at la venta. regon: stirling proposed that these enigmatic sculptures wereortraits of promin

eric thompson, the famous maya epigrapher, wrote a paper about it. he wouldn't speak to us at meetings. obregon: but mexican artist andschols and ththpologistlfso casoshar srling's vi. stling pugh: it was at that time that alfonso caso announced that he considered the olmec the mother culture of mesoamerica and at that time, that just put the olmec on the map, because he was the outstanding mexican anthropologist. obregon: in fact, the origins of olmec art turned out to be far older than even covarrubias, caso and stirling imagined. radiocarbon dating at san lorenzo and other olmec sis hapushed back the ginning of olmec culture by more than a milleium, to circa 1,200 b.c. newsreel announcer: now we're off for the second phase of our exploration. obregon: stirling beganigging at san lorenzo in 1946, with the archaeologist philip drucker. stirling pugh: and sure enough, ere was a big head, a beautifully carved big head, much finer [d] more ndsome thanhe ones at la venta. regon: stirling proposed that these enigmatic sculptures wereortraits of prominent