it is a cursed care city there is a curious scarcity of bad coins and this drives at the end of the day value whereas all the central banks of the commercial banks every time they have a bill do they just print more of their fee at currency so there is something backing the big point now you describe our economic system as being one of pseudo abundance artificial scarcity explain imagine you're a martian and you come to this planet and you see this race of humans actually destroying the barrios fear and the reason they do this is because they believe the system is based on the idea that we're infinite material resources and this is just not true so because of compound interest and i know there are features we have to grow all the time and you know the increase is coming from so exponential growth then the planet can can no longer carry it so this is the real crisis of our system then the second crisis is is there so we need to solve all these problems or we can't. you know there is a law that says if you share information you're good that you and this really essential that we have a

that is backed by something of actual value cryptography it has true and then many and it has to scarcity value the way it's going to try to do toll on the seventeen year old creator of good coinage is obviously going to go to war with jamie dimon we can only hope that he doesn't get bought out along the way ok so as i said if the opposite is the anti-bank it's considered the n.c. bank and i asked also would you rather be or would you rather be jamie diamond so let's move on to jamie dimon and j.p. morgan why people hate the banks so this is from joe nocera of the new york times they said a few months ago i was standing in a crowded elevator when jamie diamond the chief executive of j.p. morgan chase stepped in when he saw me he said in a voice loud enough for everyone to hear why does the new york times hate the banks well joe nocera says i would direct your attention to the bible of your industry the american banker on monday it published the third part and it's depressing and if you're reading serious on credit card debt collection practices max this whole series was about the fact tha

so that i mean there is a serious situation here and it is called oriel scarcity and to try and solve it by releasing reserves from this particular particularly reserve is so much the wrong message i mean it could not be more wrong it is really because selling our future and almost giving up on energy is something that we need in this economy and what about the solutions i mean we keep hearing about natural gas why doesn't that mean more of a role and an alternative to oil. well it should be but it would take a tremendous build out of infrastructure in order to get natural gas really working i mean right now the only real way you can substitute natural gas for other hydrocarbons is in electricity generation and maybe a little extent in trucks in buses etc but really a car fleet that uses natural gas is just no word on the horizon i mean that would just cost zero massive massive amounts of money but to the extent that we can substitute natural gas for coal we are doing it but you know make no mistake lauren natural gas right now is price must to low i mean your porter on previously had

compare other cities, aside from the fact that commissioner antonini mention we are living with land scarcity, i would be interested to see in which intensity ranges other communities are best addressing affordable housing and in what

to enslave us this is the monopoly man waging war against the free market and creating artificial scarcity through the un agenda twenty one system. that was alex jones host of the alex jones show. what movie abu jamal has been behind bars since the early one nine hundred eighty s. he was convicted of murdering philadelphia police officer daniel faulkner and originally sentenced to death but a few months ago the philadelphia district attorney dropped abu jamal his death sentence his case has in many ways come to symbolize the flaws of the court system here in the u.s. and really himself has actually published several books and commentaries including live from death row well r.t. got an exclusive interview with movie abu jamal his first t.v. interview since getting off of death row r.t. correspondent on a starter churkin i conducted that interview which airs tomorrow and earlier she joined me to give us a preview but first she started with a look back on why munoz case is so famous in the first place take a look. christina you know many of your model has so many different names to him he's k

promoted more a strong ted turner he's artificially cutting off our resources through artificial scarcity and what they've been billing and pushing as austerity to make us poor is a political tool of control what they're not telling us they tried to break the capitalist free market system that's produced more wealth than any other system in history no one denies that now they've got a crony capitalist model goldman sachs and others that finance the club of rome they want to sell us on being their feudal slaves kind of like the hunger games for real and so they're getting us ready for the collapse of the economy and claiming it's our fault when really they're engineering it they are going the club of rome a connected somebody who large oil corporations and they actually have. it to their benefit that people continue to cut back and fink at the end of the world is coming a lot sooner than it is. yeah that's it goldman sachs and others the big six banks have created one point five quadrillion they've gotten our governments to sign on to their over a thousand trillion in fake garbage fake pap

enslave us so this is the monopoly men waging war against the free market and creating artificial scarcity through the un budget in twenty one system but regarding this this older study i mean we have this this one a rethinking of it regarding this order study that sort of predicted over the last forty years what was going to happen on sunday from the things that they predicted forty years ago are actually happening i in terms of where we are in population and levels of food and hunger and things like that what do you have to say to that i mean the fact that they are thought to write herman for well they actually have to disagree with you the club of rome ninety five percent of it or more is pure bull they said we had an ice age by the year two thousand and then added work in the ninety's as it was local warming now is that climate change period they say is unnatural taxpayers pay hundreds of billions a year to pay u.s. farmers not to grow their programs in africa paying people not to grow the state department. in random two hundred stated in the seventies that they would stir up wars and

san francisco is blessed with abundant, not limited by scarcity. thanks. commissioner chu: thank you. i have one final speaker card. >> thank you, supervisors. my name is robert. i'm a janitor. i am the chapter chair. i represent 200 people. i am here to advocate for a raise. there have been almost four years. i just want to say -- >> good afternoon, board of supervisors. thanks for having us here today. we provide a critical service to the most vulnerable san francisco in. we help 100 or more people per day. we can show a paper record, how many people use our service every day, every month. we need to contract to meet the rising cost of living. nonprofit organizations have not had increase from the city in five years. meanwhile, -- we ask you to consider priorities. many nonprofit workers, like myself, are one paycheck away from homelessness. make sure you increase the non- profit organization to stay in the budget. it is the only way we can continue providing the critical service the city so desperately needs. thank you. commissioner chu: thank you. >> g

we are wired for scarcity, not for abundance. and it takes a new kind of skill to live in a land of abundance. and that skill is called a diet. i think that these health care problems are echoes across the country from the tea party to occupy wall street, you see signs like this now, this is a sign that caused me to quit my job at the sunlight foundation. my job at the sunlight foundation was to unleash data on the public. hoping if the public could access better data they could make better decisions. the problem is the data was competing with glen beck, and again who wants to hear the truth when they can hear they're right. the result is that is a new kind of ignorance. the ignorance that affects highly informerred as much as it does the least informed conformation is the new h1, n1. i want to get practical why this should matter to you even in a business setting. stanford university conducted the test, last month or the month before journal of applied psychology. and they divided a group into three parts. one group, their task

this entire campaign is operating in a time of scarcity. trillion-dollar deficits and every penny is being fought over. also, you have two week candidates. a president whose approval rating is low for an incouple benl. people think his handling of the economy has not been good. but then mitt romney is not a terribly strong candidate. his numbers are generally low for likeability. what we saw today in this fight, it was not a question of whether the hold down the interest rates on these stafford loans but you see that in a weak economy, four and 10 parents said in a cbs poll last week that they've changed their financial decisions about sending their kids to college. you have a time of scarcity. people are hurting. 7.4 million people are affected by these loans. both sides say we want to keep the interest rate low. the fight is about how to pay for it. they go for a few short ribs out of each other's sacred cows. the democrats want to pay for it by taking oil subsidies from oil companies. the republicans say take it out of the slush funds. g

view today, is that innovation and human ingenuity, when properly guided, can overcome resource scarcity and provide alternatives that enable us to be prudently optimistic about the future of america and the world. we are co-hosting today's event with securing america's future energy. safe was launched an action-oriented, non-partisan organization dedicated to reducing america's oil dependence by advocating for comprehensive energy reform. safe has done extraordinary w at getting the energy security a issue on the public agenda, thanks in part to its dynamic and strategic founder, safe's president, ceo robbie diamond, who is with us today. in 2006, under robbie's @da@ership, safe formed the leadership council. they were dedicated to reducing the u.s. oil dependence. it includes four men who are with us today. all are former marines who care deeply about our country and it's future. and i'll introduce them by the order in which they're seated. frederick w. smith, and co-chair man, fred hit knees to information. fedex is a 38,000 logistical company serving 32 countries with 677 employees,

i testified before on the scarcity of the beds, on the need for integrated long-term care. today, i want to say two things. most nursing head trauma -- most nursing homes are short-term rehab. we collaborate so much with all of the nonprofits. the nonprofits are carrying the weight for any individual transfers out of any nursing home. there are numerous mandates with not enough funding. we are the counterpart of the adult protective services. we get the reports of abuse if the person is institutionalized. we have 40 social workers. since 2008, the program has 2.6 fte. into thousand eight, the previous governor took away all the board dollars -- 2008, the previous governor took away all of our board dollars. there have been no salary increases for my office manager since 2007. that is a long time ago. the demand for our services has not gone away. we cannot turn away services because we work on a demand model. it is imperative that we meet all the demand for services. otherwise, we get in trouble. we are accountable. i am asking for all the nonprofits to get a cost of doing

compare other cities, aside from the fact that commissioner antonini mention we are living with land scarcity, i would be interested to see in which intensity ranges other communities are best addressing affordable housing and in what construction types of they are building. i think that is a piece of information which would be very, very valuable for us to have, because we are in a way comparing apples to oranges. certain construction types are less expensive to build, and we might not have the site sizes or the ability to quite replicate that. it would be additional information, not to exempt ourselves from trying harder but to better understand the of how to best target sites and development types in particular parts of the city to be the future larger affordable housing project sites. i think it would help clarify things from the get go and be more in target with setting our goals. thank you. >> thank you. i took some time also to watch the monday land-use hearing. i saw that one of the recommendations from the audit was a around the more comprehensive information for the planning departm

our view today is that innovation and human ingenuity when properly guided can overcome resource scarcity and provide alternatives that enable us to be prudently optimistic about the future of america and the world. we are co-hosting today's event with securing america's future energy. safe was launched as an action-oriented non-partisan organization by educating policy makers and advocating for comprehensive energy reform. safe has done extraordinary work in getting the energy security agenda on energy security issue on the public agenda. thanks in part to its dynamic and strategic founder, safe's president, ceo, robby diamond who is with us today. in 2006 under robby's leadership, formed the leadership council. committed to reducing u.s. oil dependence. the very distinguished leaders on the energy security leadership council includes four men who are with us today. all are former marines who care deeply about our country and its future, both are national security and are energy security. and i'll introduce them by order in which they're seated. frederick w. smith, chairman and ceo of th

now you're talking about deficits that i am that just came out and said that we're looking at a scarcity and safe assets that as we've seen these sovereign debt crises there are fewer countries that people are willing to accept are risk free when they get so is that the unintended consequence of these deficits we are literally mike running out of safe risk free assets. well that's not ok that's not the consequence of the deficits the deficits are providing the safe assets they're providing the treasuries look at treasuries people want to own treasuries the spite the lowest rates in history right so the deficit is supplying those say facets the problem is it's not supplying him in enough quantity equal to the desire of people that want to hold them it needs to it in fact what the markets are saying what the markets are screaming lauren is that the deficits have to be much much bigger because it is an enormous desire to save in these safe assets ok you can control data sets if you're a government but you cannot control your currency and your economy so what about when that runs out and if

. >> presumably scarcity of the shares is to reflect the scarcity of their product. keep it rare and exclusive. good stuff. thanks very much. v neck or crew neck, what would you go for? >> i'm sorry, i didn't hear. >> v neck or crew neck sweater? >> what do you think? or a cardigan. >> i don't know. >> i'd go v neck. still to come on worldwide exchange -- i floored him with that one. you may usually go to costco so stock up on your pantry, but the retailer is selling something a little more mush to its customers. it is in the financial space. more when we come back. ck. >> i don't know. more when we come back. >>> guy, we've heard about samsung, daimler and this great ipo in italy, as well. good names all of them. and if you've been invested this either japan, the nasdaq or germany this year, that's where you would have made your best money. where does will this leave us as we move through the second quarter and into the second part of the year? >> very fertile ground for a thematic equity. they have extraordinary intellectual property and innovation. almost can't ke

and the scarcity of gasoline. tt break and s isolated, syria what way?the prices>>ose: syria..pr whene >> absolutely. in we have friends the's been too manyeahe mast t t that shot. ebo i was just tryin t around and he me andxpreing the opinios there were only 71 c it's about bailonons you have to deal with 193 member states. so one-third of theo- michael jordan took time off ant lose that. >> rose: when you lotf the game andhet? >> jus parts because we don't have they see and have majority the world outside of ok your sw? from? >> knowing... youreat swing everybody isyi very strong positionone l to too rybody else thero hadh e real ts >> right, don deny that and his beliefs andisubba. playe le council because russia andfin syria. you >> thank god.hat are performing in the high le it means more to wrong. harsh winter in dths. er with you. yelling at y lot so i'm best to find his way ots knees that and th my wife who is home withou ougd to hitting those our crisia and then the crowd rushes i you represent your government here. these are very difficult time

. >> scarcity makes for money. >>> 6:25, still ahead, calling it quits, new reports of a major changener of oaksterdam university. >>> is it an online confession? troubling remarks raising new questions about the bicyclist who hit and killed a pedestrian in san francisco's castro district. >>> at the scene of monday's deadly soothing rampage. police wondering where the murder weapon is. a lot of people are wondering how do we begin to heal? the story coming up in a live report. >>> all major airports and california regional airports on time if you are traveling this weekend use our flight tracker at abc7news.com at the @ @aaaaaaaa)a)a)a)a)pttttawltlt ♪ okay, so who ordered the cereal that can help lower cholesterol and who ordered the yummy cereal? yummy. that's yours. lower cholesterol. lower cholesterol. i'm yummy. lower cholesterol. i got that wrong didn't i? [ male announcer ] want great taste? honey nut cheerios. want whole grain oats that can help lower cholesterol? honey nut cheerios. it's a win win. good? [ crunching, sipping ] be happy. be healthy. can i try yours? >>> good m

julia simon who bet paul urlecher that five substance like gold would reduce in price due to scarcityone, two, three, four, five. five things on "the five." >> kimberly: nothing gets past you. >> eric: this says greg was mistaken for gilbert godfried. >> greg: i changed it because of bob. i was at the gym and some guy came up to me and asked me if i was gilbert godfried. i said no. he said oh, you're the guy from "the five." yeah. >> bob: who is gilbert godfried? >> kimberly: i love it. he tried to edit it out. >> greg: brought up rachel carson. democracy i'll bring happy celebrity news. you know that e-channel and juliana and bill ransick from "the apprentice" they have been trying to have children and she was diagnosed with interest cancer and getting treatment. but they're having a baby, which is wonderful together. they have a surrogate that is helping them. >> dana: she was on "fox and friends." >> kimberly: she is nice and he is, too. >> eric: great people. >> kimberly: they will make great parents. congratulations to them. we wish them the best. and full recovery. >> dana: over

meaning there's a scarcity value of fast growing companies. 70 times earnings at 40% gets me nervous. even if 40% growth is hard to come by, that's nose bleed territory and there are too many things that can go wrong with a stock when that happens. the converse ask true, too. when i see a stock that sells less than one times its growth, i begin to salivate. i have to find other reasons not to buy it. so bottom line, i use the actual earnings per share reports to figure out the growth rates of the stock and if the growth rate is high and the price to earnist multiple is equal to or less than twice the growth rate, enough to proceed with the rest of the work that this special show will detail. i need to go to brad in south carolina. brad? >> caller: jim, i want to give you a big ron paul booyah to you. >> i'll take that. >> caller: i'm just wondering how to best prepare for this earning season in terms of online research resources? give me the inside scoop as you stay on top of the market updates. >> what i like to do -- first of all, i watch cnbc and i'm not kidding. i go to the websit

no more scarcities? it's gonna be different. now is that gonna be good or it will be bad? it's hard to say. but i think of one thing, i think of my own story when i was a kid. i remember i used to-- i knew what i wanted to do. a lot of kids don't know what they wanna do when they grew up. i knew what i wanted to do. i had it all straighten there. i was gonna be an airplane pilot because i lived near--field. at--field, you see those guys there riding these little airplanes. they put their caps on and the glasses and everything. put their cigarettes right up in here, okay? remember that? and they fly up there, man. we climb the trees and kinda look out. you know, you kinda see far, but these guys up above-- these airplanes. wheew. that's where it's at. i knew i was gonna be an airplane pilot, but i had a hang-up, like most kids do. and my hang-up was is that i didn't know how to tie my shoes. and my sister used to humiliate me 'cause i couldn't tie my shoes, and she could. and she was younger than me. and i was afraid when i get to be an airplane pilot that my sister was gon

ftc, there is a similar scarcity of challenge. i think effective judicial review is an important piece. and international harmonization. we operate essentially in every country except dictatorships. we would love to operate their but we're blocked by the countries in question. we are forced to deal with a myriad of hundreds of countries rules addressing the same general area. that is a major check on innovation. >> thank you. we have a question. >> i have a million questions which i will happily ask. let's let the panelists talked to each other for a moment. >> i want to make a comment about what mark said. the battle over the internet stuff, it may turn out to be monopolistic but it may become more competitive and dynamic element is what inclines me towards regulation. i thought this was a panel about technology and the high-tech industry. but i have had the misfortune of teaching environmental law and the fda law. the level of public in it -- ignorance is simply too much. what pam said earlier on, just get over, i cannot get ove

there are more serious issues like water scarcity and poverty. was that part of your goal here?age to this? >> absolutely. i think that, you know, we wanted to make a film that had a message, that carried some weight, that exposed some of the challenges around the world, but we really wanted people to walk out of the theater going, my god, i have hope to make a choice, to make this a better place, too. not just the sense of despair that we have all these challenges, but we also have huge opportunity. >> brandon, quickly, a final thought from you. >> one of the ways we went about and did this was by partnering with some of the world's most respected ngos and the united nations and forming these partnerships, we were able to dive deep into these issues and it's exciting to be able to deliver it back to the community. we have screenings right now in over 160 countries. you can go to our website and see the film and order the film into your community. we hope people could gather around the film and explore these issues together and hopefully talk about it after the film. >> we're ha