so that means not only was everybody using information technologies which meant you had to be good at it in order to prosper and one of the things we see is that the older the generation is the worse they did in 2000. and i think that's part of what we're seeing there. but in addition, the value that most companies were creating depends on your ability to create these intangible assets or work with them. and so you saw also a -- so it wasn't just that you had -- that everybody was using information technologies and some people knew how to use it better than others but rather that those people whose training and abilities allow them to create and build on ideas in whatever context. their labor became much more valuable because that was what was creating value from those corporations. not your ability to use machines. so to me, those are where i begin to think about it. >> just a final question on the pre-2000. because the general narrative has been most people's understanding is that we've had stag nation from the 70s. the 80s was the big exception. that's when the rising tide lifted a

vendors that we could save tens of millions of dollars and be more efficient if we manage our information technology. now i do hope that today's session is an opportunity to talk about good and creative ideas. one of the phenomena i have seen is frankly a lot of finger pointing at different departments and who is at fault, and i think it's important to think why we got to this place, but what is the road map that is going to change thins? i know there are some that hope if and when we hire a new cio will change things and i want to note we had four individuals in those positions in the last ten years and not much as changed. the structure of how we govern ourselves from a it standpoint has not changed significantly and i am eager to hear the presentation from the civil grand jury report and again i thank you for your due diligence and hard work and i look forward to the conversation. >> thank you supervisor chiu for those remarks and welcome back to version two or three of this year. i also want to thank the other departments overing potential response focus we need them and others will speak as wel

when the information technology can accomplish what it needs to but is being held back by the availability of the data moving around. we are in the midst of rapid innovations in these technologies, driven by changes in relative prices. computingen a drop in costs over the last three years. now the cost per calculation is 1.001 of what it used to be. we are coming to places where the availability of the telecommunications technology to get the data moving limits the effectiveness of that technology. thinking about how that relative price change is so important for the economic consequences, thinking about the logistics operations. you have a fleet of trucks and a clerical job has been every day to figure out here are the orders we have and these are the trucks available and to figure out which truck will do what. you could say you could hire 10 clerks and that way you could have -- take advantage of the order flow coming during the course of the day and optimize. we have additional orders today that we did not know about, so we will do things a little differently. you never do that because

information technology... and theecomptroller.... were apparently both developing to cityyppones.de system worth more than a million dollars. but comptroller joan pratt says mosttof the work went o one contractor - without being properly bbd. now - ttis lawsuit questions wheeher he city wasteddttx pollars... by trying to skirt prrcuremenn laws. the suit - filed on ehalf of taxpayyrs alleees that the mayor - quote - "thwarted the pity's charter."... and from two other companiessthat wwnted to ccmmete for the job. the city's own inspector general found the deals to be --quotee- "troubling"... and "a conflict of interest."but the mayor hassmaintained aal 3&02:47:29"i can'' really speak on he claims. i will say i pon't intend to spenddany taxpayer money in ffrtheraace of the laasuit and i'm sure resolved" the comtrpoller and mayor haae their differences. but members of he staffs have. pelinda roeder - fox 5 news pt 5 do you have an example of call our wwsteewatcc hotlinn ?- at 410-662-1456... or go to foxbaltimore dot ccm. &p3 ann... locall.. n-ddubleea- -3 are... &psseaking out... on

information. our report is factual, not fission. we believe. >> >> that city technology protects the status quo and at thes expense of cost savings and eliminating unnecessary duplication and at the expense of inefficiencies and xengs of cooperation among units that can lead to additional improvements. today there is no apparent leadership within san francisco to make important city wide changes happen efficiently and effectively as the samples i have given show. there is no ekz organization structure that sorts out what changes to make or manages how to make them. coit and the city cio do not venture in that realm. if not them, whom? the mayor claims he -- innovation mayor or technology may or as his response to our report claims but that reflects his priority and attracting tech companies to san francisco or having his staff work on apps that are helpful. he does little to improve the technology at home within his city government. the mayor has had hand on's experience as the execute administrative officer and the head of ddw. perhaps that experience has been him in th

so that means not only with everybody using information technologies, which meant you had to be goodat it in order to prosper. one of the things we see is the older the generation, the worse they did in 2000. that's part of what worse the mayor. but in addition, the value that most companies were creating japan's on your ability to create these intangible asset or work with them. and so, you saw also -- so it wasn't that anyone was using information technology and some people knew how to use it better than others, but rather those people whose training and abilities allow them to create and build on ideas in whatever context it became much more viable because that's who is creating value for most corporations. not your ability to use machines. so to me, this visit where i began to think about it. >> this final question because the general narrative has been retied stagnation for the 90s at the big exception. your data makes us look at those decades differently as a continuation. in terms of the economic woes besetting the middle class, i tend to think of this as a triple cocktail. ma

information that. you have held gadgets allegedly alleged and tried slip music day so is it evil the dark side of technological problems or if there is a way that we can protect us will discuss it with or without computer security expert the co-founder of us first time the after suspect. the record development of personal mobile devices has encouraged speculation about the rise of all well you and big brother the co-founder of the internet security company kaspersky lab. supports the notion just says all mobile devices can spy on their owners in particular world's best seller the i phone you can even feel misusers and sand to a third party natalia believed spy features would threaten not only personal privacy but the security of entire countries. oh tell you who welcome to the show thank you thank you very much for being with us and the well i should the reason i wanted to interview on this show is that you are known recently for a couple of years rather for being very much alarmed by by the spread of the gadget which allegedly collect personal data and share it with others especially the the the newest news g

because we need a 21st century government i've championed the overhaul of our city's information technologyear planning financial1 and savings. to make government more accountable i passed new ethics rules demanding more disclosure by lobbyists and to protect our environment i passed four, first in the country environmental fké the process. now, i am proud of whatcgçdwe've accomplished together over the past four years but-2z i do have opp trying to stop us from moving our neighborhoods forward,#lx$s fighting the north beach library, opposing probota opposing will help the wong playground in chinatown. we know how important this election is. we hav neighborhood forward by focusing on resultsdx based politics. now i may not easily fit@óq defined political fashions but i measure my(fz impact by how we are improving people's lives. my values have been strong and consistent.g4g&c @&c"p içg san franciscans first, fighting for our neighborhoods, for ouréwtu families for our jobs, so that our city is affordable and open to all.ráhrj why i've ru¿q" every major endorsement in this race from the the

conducted there can two thousand and one and which is already out of date it is eleven years for information technology is a very long period and now we need to update that somehow or operate i don't know but i would say in real steps it's more like discussions around the topic. well. in china there's need for a wall of china it's being is being criticized sharply by the human rights activist but it's praised by government officials because it's really something that the chinese built. do you personally think as a brother foreign by the way that that the this freedom of the spread of information should be somehow control i'm absolutely certain and a lot of the buying more but also took the logical. but both because you cannot control technologists on the by law it is impossible. and even in a controlled technologies by technologies but using the low for all. services or lawful. rules if you wish. because we see big big big problems and children being kidnapped or being involved in bad networks so. drug distribution even if you look at the family or whatever so our children that don't do it in the inter

that to be more moderate and the second is that the simplifying custom procedures are using information technology and in that way you can eliminate or reduce the unnecessary interface between customs officers and trade so you don't have that chance to pay bribes in the thirdly it is about human resource management because if you think that belonging to a customer the administration is beneficial in getting well a path and economy could benefit of getting a regular salary then why don't you dare to do that the corruption so those are the three elements but you said another important thing is that yes customer needs a scene of corrupt but if customer is wrapped then the society has a problem because if customs officer is corrupt they are someone who. cracked that customs officer for the private sector so that kind of partnership with the private sector the other is this issue is important it is not only right here but almost all the world that the question is there some different a degree so we promoted that kind of a policy the what is important policy political support to move forward into that d

the most opportunities - in healthcare, information technology and customer service. "when you do see big companies showing improvement and small companies too, that's all good news and means we're pointed in the right direction." grasz says it sets the stage for a strong 2013, even as congress prepares to grapple with the so-called "fiscal cliff" of expiring tax cuts and spending programs. "right now, it seems as though business doesn't think washington will be that crazy as to let that the fiscal cliff happen. government will solve this and not force the u.s. into recession." as for the presidential campaigning, for all the talk about healthcare costs and tax cuts, only one in five employers surveyed told careerbuilder that the election's outcome would impact their hiring. the rest said it'd have no effect or weren't sure. but retailers plan to use the holidays as an audition for full-time applicants. john challenger says out of 700,000 holiday hires, 25% will see it lead to a full-time position. on the flip side of all this, layoffs are at their lowest levels in a

look at this little thing here, you have a c and -- no, the information technology, listen to me, information technology people, we're not going to use this as cover, you're going to keep us trapped in this box, and our kids are not going to want to work for you, they're going to go where they use apple. >> there are kids who have never heard of a selectric anymore. >> no more whiteout. >> in terms of the change of sentiment of microsoft and windows 8. now we're not hearing that, we're not hearing that buzz from hewlett packard, we're not hearing from dell. overnight boasting earnings, grim outlook for the -- surface tablet, they're saying that retailers are reluctant to take on inventory from companies like acor, because the company is putting windows 8 into their computers. >> when you go over these tech earnings, it's either because of nokia exploring anyone who's in wintel, that's the old windows, microsoft. listen, guys, it's not really apple, it's not exciting. one thing microsoft has going for it that one stock is so horrible. they have said i will buy only intel. but when we think abo

information technology is extremely strong. we have large ports that export to asia, the growing area of the world. most importantly, california has a highly educated work force. if you are looking for a job going forward, you want to have high education. that is what will be needed. let's quickly go over some investment ideas. here is a view of the stock market during the last year. we started the year at 1257, ended the year at 1257. they call it the roller-coaster year. start in one place, come back to the same place, but there were some thrills on the up and down. in terms of relative investment performances, you can see when we look at different markets around the world, the united states was able to squeak out a small increase, and that is because of the dividends on the stock market. what we are calling ourselves is the nicest looking house in a not so great neighborhood. but consider where we were two or three years ago. the analogy was not with housing. it was much more like we were the nicest looking horse at the glue

to upgrade the campus' information technology infrastructure. this plan designed to give students' a better learning experience while providing new cutting edge technology. sjsu president mohamed quaiyomi says the time has come to make this a reality. ">>>many students are looking forward to the upgrades -- which include free wireless internet -- video conferencing -- and improving phone service within the next 18 months ... these are upgrades many students are looking forward to. sot student the director of the journalism school says the technology upgrades will broaden his students' academic experience. "this new technology, specifically the cisco telepresence system, will enable the journalsim, advertising and public relations students on campus to connect with any institution academically around the world or any professional organization that has the same technology." major technology upgrades have been hard to implement at sjsu ... due to one reason. [rober rucker "money, it's a state school and state schools have not always been very proac

(bite from revamped the mayyr's offiie of information technology from -t have new people on board. "e former head oo the mayoo's i-t office has resigned under a cloud f previous empllyer, state of new york then, the chief of staff of the i-t office also left shortly after fox 45 unnoveredda descrepancyy in his ethics form the descrepancy??? - failing to report that he had previously done work for digicoo. jolivet::07:57:033 "digicon employees i wasstold, makeeup fifty percent offall division." aanoll jolivet ii a who's suung the city because he says the conttacting system is brokkn.....jolivet: 07:58:08 it's dumb. t doesn't make sense.".... still, the mayor says she's her office will adddess the i-g's concerns maaor: (bite from friday - 05:20:57) "we''e working with the comptroller's office to move the city forward." a confidence not shaaed by crrtics - ike jolivet....who believes paxpayers are the big looers in this matter. jolivet: 07:54:14 "we don't know what phe pricee the real price, of &pthis work was. we just don't know. we'll never know. but taxpayers picked up this cost."" t

that means not only was everybody's using information technologies, meant you had to be good at it inrder to prosper, and one of the things we see is the older the generation is the worse they did in 2000, and that is part of what we're seeing there. in addition, the value that most companies were creating depends on your ability to create these intangible assets or work with them. and so you saul also -- and so you saw also -- it wasn't just that you had that ever but it was using information technologies and some new how to use it better than others, but rather that those people whose training and abilities allow them to create and build on ideas, in whatever context, their labor became much more viable because that was creating value from those corporations, not your ability to use machines. that is where i begin to think about it. >> final question. the general and narrative in most people's understanding has been that we have had stagnation since the 1970's. the 1990's was the exception. your take that makes us look at those decades differently, and the 1990's was a continuation

information technology and the internet. you can divide and conquer this country in a keystroke. times are tough. people didn't see the downturn coming nor did they think it would last as long as it has. the world has changed. we used to be the dominant economy. we are still number one but we see china coming up fast. people can go to the factory and get a job at an assembly line because they have good hands and a strong back, they can't get those jobs anymore. more than any time families come to me and parents and dprand parents say i'm worried my kids won't have the life i have. to some degree they probably won't have as much disposable income and they won't live in homes that aren't mcmahon shnsi. i grew up on an army base and my moraisther raced three boys thee of this table. >> sounds like my apartment. >> i think the country is eager to do that. to kind of have a reset of values. what counts. one of my friends says we have to get up every morning and say, what do i need to do and not what do i want today? that's a good guide. >> tom, you mentioned when we tha about how we c

and lockheed martin reported weak sales upper information technology units. and forecasted driving down revenue next year. and chipotle looking to boost its bottom line. look for a stronger marketing campaign. and it is considering drive thru's. and testing its breakfast menu. i know it has been tested at dulles airport. reporting for wbal 11, back to you. >> i understand american is looking to add some jobs this morning? >> yes. and pretty ironic considering it is bankrupt. they are getting ready to trim costs. they want to hire more pilots. i will have more on that. and it flying home for the holidays? a lot of people avoid it because it is such a financial burden. >> the time is coming up -- is 5:23. how maryland is trying to use a pact to keep teens away from tobacco. >> and not forget to e-mail us your answer. would you felt -- would you feel safe driving at a speed limit of 85 miles per hour? you can share your response on wblatv.com, on our facebook page, or send us an e-mail at watercooler@wbal.com. as a pastor, my support for question 6 is rooted in

energy permeates every aspect of our lives, even more so than something like information technology. can see what a huge impact the information revolution has had on economic growth. an energy revolution would be the next big thing we've all been looking for. you can read more of my thoughts in a "time" magazine essay.

energy permeates every aspect of our lives, even more so than something like information technology andmation revolution has had on economic growth. an energy revolution would be the next big thing

energy permeates every of asp af our lives, even more so than something like information technology.see what a huge impact the information revolution has had on economic growth. an energy revolution would be the next big thing we've all been looking for. you can read more of my thoughts in a"time" magazine essay. thank forz tuning in to this gps special. you can catch my regular show on sunday 10:00 a.m. and 1:00 p.m. eastern.

six months out every time information technology and consumer discretionary has outperformed. financials have outperformed all but once, and the industrials all but once, as well. so, again, you want to look at what performs with interest rates? and i think that goes to stephanie's point too. what could kill earnings next year? well, that's if we have further deterioration in international economic activity and all the global money printing doesn't work. now, let's get by whether that's right or wrong ten years from now. the fed is telling you to buy risk. the guys pretty printing the money are telling you they're going to do it until it works and so far i believe them. again, doesn't lead to a robust growth rate, but it's consistent growth, which is what, again, the sweet spot for equities once the pullback's done. >> it's a provocative, some would say controversial call in the market not even saying 1,650 is your target for 2013. thanks as always for being a straight shooter and we'll see you next time. >> thanks a lot. >>> two big name retailers seeing action today. brian s

the dependence on information communication technology. the dpeps we have only the essential services on the internet today. and it became very and more of a reality as we developed and enhanced technology and 1985 as steve will tell you in the audience, we opened up and created the dot.com domain and other top left domain. it became a platform for e commerce and we are the worldwide web and allowed easier search for information, and enenabling more and more communication technology innovation. and in the coming years, our governments edge braced that ict dividend for the hope of the that economic growth and productivity that it enabled and for the innovation agenda that it enabled an when started to put more and more of the essential services on to the fact zone of the internet. today we have e banks and e commerce riding on the intrntd. we're moving toward a future of having the energy distribution on a smart grid connect requested internets. we're moving to a generation of next generation aviation and air traffic controller that's contr

taking tech matters into their own hands, typically buying apple products and convincing information technologys and the hewlett-packards and the research in motions of the world. we have witnessed a slowdown in telecommunications spending. it appears that verizon and at&t built out their network from now, don't need any more infrastructure. jeez, if metro merges with t-mobile, that's another client that is going to go. these are all trends that are manifesting themselves right at the moment when tech spending is supposed to be at its most robust. these surface in avnet, the tech supermarket which has always been a solid part of the fall tech trade. i told you that. but it blew up hideously this morning. or how about jay bill circuit? that's been a bedrock, but uncharacteristically has lagged the market horribly so far. i know i believe in this tech cycle. it has worked for me for years and years. but here it is october, right in the tech sweet spot, and it sure isn't happening. now i'm thinking maybe it just won't happen at all. the result, unless you have a very specific tech player that is t

they're high value jobs but they generate jobs in the information technology industry, health care industry, manufacturing industry. in fact ohio has under construction a almost billion dollar steel mill for the first time in junk town, ohio. -- youngstown, ohio. it is being built to provide oil and gas manufacturing pipe for the state of ohio. ohio and dozen other swing states are enjoying a boom because of cheap natural gas. melissa: i do you one better. cheap and abundant natural gas and energy to fuel it and comes full circle. thanks for coming on. i wish we had more time. >> thank you. melissa: sandy on the brink of landfall. hundreds of thousands are already without power. floodwaters are rising. look at that. we have new details on the storm's path and punch next. pyle "piles of money" and too much money coming up we have big dreams. one is for a clean, domestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes

it is all part of the move to bring 90 percent of the information technology in house.any will hire 10,000 people to the work of the next three-five years. still ahead on the kron for morning news for an update on the meningitis outbreak nine states are linked to a shot. we will be right back. [ male announcer ] are you ready for tomorrow's technology today? then switch to at&t u-verse tv. add the wireless receiver exclusively from at&t, and you're no longer tied to the tv outlet. move your tv wherever you want in your home...even outside. [ megan ] call now and switch to u-verse for just 29 a month for six months, with a total home dvr included, free for life. add hbo and cinemax and get the first three months free. plus you can bundle tv and u-verse high speed internet with speeds up to 24 megs. [ male announcer ] our total home dvr lets you record four shows at once... and play them back in any room. every channel is in 100-percent, crystal-clear digital picture and sound. and you can upgrade to get 170 hd channels -- that's more than cable. [ megan ] so call now and

and then we had the information technology receive institution. it's been a decade since -- a little more since we siconsequenced the genome. there are incredible things happening in the life sciences. i think there's the possibility that over the next 10 to 15 years that that is going to yield huge benefits, huge benefits in terms of new treatments in fapharmacology, he benefits for agriculture and that's an area where thanks to government research from -- >> life science. >> -- there is no question that the united states is the world leader. and so i think as we look ahead, there's plenty of stuff and we'll come back to it in a minute that we've got to work through. but if we can keep doing the kind of thing -- look, it was government that brought you the lewis and clark expedition in the west. it was government that brought you the transcontinental railroad, the internet had its roots in a basic research program. if we don't do the crazy thing and slash it to the bone, if we recognize that we got to make -- we got to address the budget deficit

they plan to hire up to 1500 employees for new information technology center in warren, michigan.ors second of four planned i.t. facilities in the u.s. that's the latest from the fox business network giving you the power to prosper lori: finally some good news for futures market investors who had money tied up with perigrine financial. you remember last july, russell wasendorf senior attempted suicide. which resulted in discovery of a 20-year fraud and loss of $20 million. vision financial brokerage has been awarded the right to take over the thousands of customer accounts in an effort to allow perigrine customers to access funds tied up since its collapse. howard rothman is vision financial's ceo and president. he joins me exclusively. i suppose in the interest of fair disclosure and compare our uncanny physical similaritieses we're second cousins. >> once removed. lori: great to have you here. thanks for coming in. for viewers not familiar with vision financial tell me about your firm and the perigrine chose vision out of three brokerages, correct, to take over the perigrine acc

the automaker plans to hire up to 1500 employees for its new information technology innovation center warren, michigan. this is gm's second of other planned facilities in the u.s. chrysler is recalling pick up trucks in the u.s. the national highway and traffic safety administration says drivers could lose control of the vehicle if the rear axle nut were to get loose. the recall is expected to start next month and affects dakota and 1500 model years 09 and 10. that's the latest from the fox business network. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. connell: let's bring in ambassador john bolton to talk more about romney. as romney speaks, the ambassador will speak to us. former ambassador to the u.n. and advisor to the romney campaign. so he's going -- i know i read some excerpts. he's delivering the speech right now. we haven't heard what he's actually saying at

apparently the technology does not yet exist to convert that information. or perhaps the technology is so advanced that it exists but human eyes cannot see it. stealth paper! [laughter] well played, pentagon, well played. although, to be fair to the pentagon and the department of defense, this is only our 240th year of fighting wars. so new issues are always going to arise, like what to do with the people who fought for you afterwards. look, all armies face this, except oddly enough the kiss army, were for just $110, kiss army members receive full certification, attesting that they are capable of not only knock ternal rocking, but everyday partying, skills recognized by all 50 states. [cheering and applause] look, here's the other thing. maybe it's time we point the finger at veterans themselves. what gave these veterans the idea that their military skills would be transferable to the real world in the first place? >> the strength to build a better future can be found in the army, with leadership skills and training in over 150 careers, 150 careers in the st

transfer centers and the wealth of information that they can provide. well, our addiction technology transfer centers work with community providers, state authorities, tribes and peers, so that they would have access to information. so, you go to our web site and you can find information about a wide range of strategies and issues. and the theme that keeps surfacing here is that as behavioral health is part of health, you can't deal with health without dealing with behavioral health, and our attcs help get that information. we also have what's called our national registries of effective critical practice or nrep, which allows people to identify clinical strategies that have been shown to work for a wide variety of populations. and so they can go to samhsa's web site and look up nrep and see what kind of clinical strategies are being employed. so our link with the nih is an essential one. we have a blending initiative with the national institute of drug abuse where we're promoting effective evidence-based practices, and training materials are available, so that providers and consumers

it's difficult to stop the diffusion of technology that's going on the global level and the informationconditions technology area but able to leverage a lot of the microelectronics to reduce the size of the payloads and increase the accuracy through the guidance systems. in terms of the technical trends, the second artillery is expanding the range of the missile forces on the conventional side from the early 1990's to 91 up until let's say maybe early part of this decade, they are focused about 600 kilometers with the short-range ballistic missile systems. as time went on, they were able to master some of the critical technologies to enable them to provide the mission to the medium-range ballistic missile forces with 1,500 or 600 kilometers which puts much of japan for the rangers was the south china sea. they go after the moving targets in the sea and generally believe there is an operational capability available to december to three perhaps even today in the province. but beyond extending the range of the ballistic missile forces, as an aside as time goes on, the likelihood of them ex