peter salts man, council for iftpt local 21. i just wanted to speak very briefly to encourage members of the committee to genuinely study this issue and study it carefully before adding to or responding to the what are often misleading media headlines on the subject. as the controller i think very accurately and fairly emphasized, retiree health liabilities are unlike any other labor related liabilities that you deal with. they are not like pension liabilities. they are very dramatic differences. they are not like workman's compensation liabilities, vacation liabilities and so forth. they are not subject to the same statutes, the same regulations, and they do not i pact the city's cash flow and finances and financial projections in anything like the same manner as those other labor-related liabilities. in particular, as the controller mentioned, ~ the kinds of liabilities you're dealing with depend more than anything else on health care trends, health care costs. in fact, they really depend and are really most sensitive not just