so, the $28 million is not just some sort of fee that gets assessed by iso. it's really based on an estimate of what we expect we need to spend in order to sure upedth system? >> that's correct, it's abased on a shes item, not cal iso fee. >> thank you. to the budget analyst, i think you've already given your report. * so, anything you would add? okay. why don't we open this item up for public comment. are there members of the public who wish to speak on this item, item number 11? seeing none, public comment is closed. okay, colleagues in front of us we actually have some language that adopts part of what the budget analyst is recommending, which is to put the $2.7 million on reserve, budget and finance committee reserve pending details of the expenditures. and then there was a second portion of the budget analyst's recommendation that had to do with bringing back expenditures that exceed 100,000 every time. knowing that we are likely are going to be spending money on suring up the transmission line, that is pretty much the projects are pretty much in place.

. >>> and apple has come up with a fix for the bug that's affecting iso 6 devices. the new feature will resume normal operations january 7th until then the company suggests that users turn the feature on or off manually. >>> research in motion aims to put an end to spy cam style photos. they have developed technology that would require its smart phone cameras to be held still for a few seconds before they could snap photos. >>> and samsung is generating buzz about its new line of tvs. the company claims the new devices will have unprecedented shape and design leading to speculation they could be vertal and transparent. those -- vertical and transparent. those are your techbytes, i'm rob nelson. >>> thanks for staying with us. the home burns as crews struggle to find a working fire hydrant. this happens on detroit's west side. the flames raced through the home while threatening an occupied house next door. the closest hydrant had a sign on it reading out of order. firefighters say threads are made of brass and the scrapers are stealing them. the scrappers rather. the

. >> the first order of business is, as i'm doing now, iso really update and talk to rank and file. and let them know about myself and who i am and that i'm committed. i'm here to represent that. >> reporter: larry esquivel is a 27-year veteran of the san jose police force. the police union hopes his experience will boost morale in a department that's been hit hard by cutbacks and rising crime. esquivel will only be on this job for at least six months before a permanent chief is picked. esquivel says he's not interested in taking over full-time. current chief chris moore will be retiring on friday. >>> it was an unthinkable crime that left a little dog dead. tonight san francisco police say this is the man they're looking for in connection with the killing of that dog. name, 35-year-old maurice barrett. police say he robbed a woman last month when she got out of her car. she grabbed her 12-year-old pekingese named roxy and threw the dog into traffic. roxy ended up dying at an animal hospital. >>> everyone knew his name. tonight, the small community of galt is mourning the death of a

iso he is expected to survive. >> shooting happened around 6:30 on the 1700 block of seminary avenuenear international boulevard. >> 7 news is live in the neighborhood with the latest on the man hunt there allen? >>reporter: this is all happening just down the street from me. we still have choppers in the air and we are being told this was as you mentioned an undercover officer who was shot while investigating another shooting that happened yesterday. rate now police say they have one man detaped and still lacking for 2 others believed to be armed and dangerous in the neighborhood. just east of the coliseum. swat members along with police officers and canin n canines have closed down several streets as they conduct a yard to yard search for these 2 armed men. all went down around 6:30 this evening when the under con officer confronted by 3 men here on seminary avenue. how many officers were present and did they return fire? ichltd unknown at this time if the officer returned fire. there was one officer involved in the incident. >>reporter: was he or she in the car or on foot when the

a caey sideith o iso ryinont mo ter gck bec te.a?now.: it fintdal- aylthe of l keeso g down fnsoanill shoy >>t i hederobleml. >> dadr don andain t ly:you shoul bade rch cut gre unna no op w ig ng se onfti comin he s the media isb. hzin forffic ty th aiodoctor t as cser tve w theobe d er guy tthlicps >> bo wsgatillegho? w d ns e t >> bob: no, i defended the secret service. >> kimberly: c'mon. >> bob: i did. nd i got heat with it. ecause you don't a problem with it. but not to diminish they have evidence. this is an f.b.i. investigation. listen to the sot here to get menendez reaction. >> senator, i want to ask you to set the record straight i am hearing all these stories about the f.b.i. investigating you. >> bob: we have heard all the rumors from the daily caller. all the rumors. there is solid press evidence to go on. >> kimberly: bob we thought this would make you happy. we called senator menendez's office and asked him for a statement, ask if he wants to come on fox. this is what we got. dr. melgin has been a friend and political supp

area shaded in red across the area shaded in yellow is where we could see hail and damaging wind and iso and a big chunk of real estate here, at least 12 states affected by severe weather and we could have a severe weather outbreak this time tomorrow into the overnight and that will continue on wednesday, eric, as the storm continues to move east across the southeast toward the mid-atlantic. a busy next several days in the fox weather center as the next storm system exits, a new one moves in, the mississippi river valley and the tennessee river valley and ohio river valley where we could deal with tornadoes. rare severe weather outbreak tomorrow at this time. back to you. >> thank you. less than an hour away from a vote on a $50 billion aid package that will pass the senate tonight but if it does not muster with my next guest. $50 billion. what issues do you have? >> not the issue i have but the issue that it wipes out all of the new revenue of president obama's pass tax increase. the tax deal that was just done on the fiscal cliff was supposed to solve or help with revenue but in the fi

gerri: i want to talk briefly about the fact that we, you know, the deadline isoing to come and go.f we were to get a bill, which is, you know, questionable at this point, to go through both houses, it seems to me there is no way to contain everything that we want to see. thoroughgoing tax reform, i entitlement reform. it's too much to handle this point. is there any reason to think that congress will ever be able to deal withhe big issues? >> well, as we sit here today at thing not only is there plenty of blame to goaround, there's plenty of reason to be pessimistic. i would share the view and certainly your vew that what we need is a big deal. i think we would have done better. at think still a good framework. we need the president engaged. many thecongressional leaders engaged. sadly, this process, whenever produces, is going to be too little too late. i hope we avoid sequestration, but bottom line, we are still in a pickle and i think the economy is going to feel the effect. gerri: we are in a pickle. i agree. thank you for coming on. have a great new year's. >> youtube. gerri:

infant and also this question of a distractiorin dung operations when you are in closquarters there iso privacy and rugged living conditions. look in your camera and tll genel boykin why he is wrong? >> l me just say tt i reale that flying combat aircraftnd bying on the ground in combat are two vy different mission e salawed arguments were used against allowingwon to fly in combat and now allowing women to in ground combat glikeeral bykin has sd. these arflawed arguments. we need to treat people like individuals. hicht are t capabilitieshe t includes physical strength courage, appls tay and leadership. we are a country that sets stanrds and allows peopl to compe as individuals. d if they bri the better nso should be able to compete on l grounds. i'not talking abt changing standards. i'm talking about allowing people to be considere for what they bring to fight. the current policyasialcy sa -- >> chris: if i can follow up on that. thmarine infantry officer corpsfferedast september a courininomen ok part and both dropped out and said carrying the 70-d backpacks can meet t samphical standa

counterparties to this complex story transactions so $75 trillion would be totally private-sector risk and iso depositor would not be exposed because my fear is that the bank of america will pay chicken. the same formally be the only guarantee the deposit for the commercial bank, but we can make money on these tier three transactions accommodating customers and if the counterparties freeze, what happens? >> is exactly the purpose of the proposal. to prevent that from happening. >> will the market on wednesday sorbo exposures? >> is up to the market to unwind exposures, but you are a depositor, customer as he put it, and i don't believe either you directly or as a taxpayer should be placed at risk for derivative transactions. i used to do those. you can conduct those responsibly, but you should be guaranteed by the federal government if you make a mistake and lose. that is all were saying unassembled declaration, any six grader could read and understood to be signed by every counterparty or purchase business transactions. so bill, you nailed it. that's where chairman of this organization. [inau

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