alan martin, cbs 5. d, thank you. >>> 12 minutes after 7:00 now, and jim bernard is back! you're here! >> i'm here! >> you were having technical drama this morning and you continue to have technical drama. >> not quite drama, but just issues this morning with the technology in the business. we see often times to err is human. if you want to follow things up, use your computer, as we have done this morning. it doesn't change the weather forecast, but we can always look outside and see what's taking place. mostly clear skies around the bay this morning. a little patchy fog and haze lingering in there at the bay and at the beach, but this is not going to affect the warmup headed your way for today. we do have a heat advisory up for the bay area. again, we will be looking for warm temperatures the next couple of days, as we see low 100's in the central valley here. now, let's see, weren't we talking rain earlier this week and cool temperatures? what a difference a couple days makes, as we see clear skies throughout the bay this morning, but jumping out to the golden gate, a li

but some neighb ontra costa the potential >>> i'm alan martin. >>> you hope that in an emergency, first responders are a few minutes away, but some neighbors in contra costa county are facing the potential of a much longer wait. we show you what homeowners say is a lose with proposed cuts in one district. >> reporter: that's right. we're here in the town of oakley, where residents here and hundreds of thousands of them out there, between here and bethel island could be facing a very serious public safety issue. here's the story. 30 years g, this part of contra costa county known for its or chartdz and vin beyond a reasonable doubts. today the home of nearly 150,000 residents, residents who thanks to the slump in the economy may soon see their already thinly stretched fire protection cut in half. >> it's wild. that's unsafe. a building boom, and then the slump, with property taxes falling through the floor and leaving the east contra county fire district which includes byron and bethel island $3 million short. it also means possibly cutting the fire force from an already bare bones 48 fi

we are glad to have joined us, economist alan blinder and actress rose byrne coming up right now. >> every community has a martin luther king boulevard, this is a cornerstone we all know. this is a place where wal-mart gathers with your committee to make everyday better. >> nationwide insurance supports tavis smiley. with every question and answer, help tavis improve financial literacy and remove obstacles to economic empowerment one conversation at a time. nationwide is on your side. >> and by contributions to your pbs station from viewers like you. thank you. [captioning made possible by kcet public television] tavis: alan blinder is the former vice chairman of the federal reserve and a former member of the council of economic advisers for president clinton. glad to have you with us. >> nice to be here. tavis: i was struck by your piece in the "wall street journal," where you tried to focus the conversation now, so much conversation about deficit reduction. so much talk about the debt, so much talk about a variety of economic issues that we are grappling with at the moment but in the middle of all of this we h

martin anderson and his wife and i were talking with mr. nixon. i believe alan greenspan was there. it was at his home. and r.n. himself. we're talking the press treatment of his discussion with many issues. he said, dammit, the press is not paying attention to what i am saying or the issues. i have spoken on every issue there is. martin and i caught said, yes, sir. but i have been keeping issues for two years of his statements. i had a pat buchanan sending me the speeches. i was cutting them up. this is before computers and xerox machines. i would put it in cards on a shoebox. that was the story within the story. this is when i was at the hoover institution. we had people would assemble live equipment. one of the side tasks was to use people who collected the statements. i would categorize them. i have this continuing shoebox full of cards. one day i gave it to a young lady and said you're doing this work? she said yes. we had all fixed up and down. i walked out and thought, where have i seen her before? i went home that day and on the cover of "time," there was a story of interrac

president, back to martin who said we ought to go after the tax expenditures, it's also alan greenspan. he said, "i think republicans ought to identify a very significant amount of so-called tax expenditures which, in fact, are misclassified. they are expendtures. they are outlays and many are subsidies, and subsidies are not the type of thing you want for an efficient market system. there are a lot of them." now, mr. president, that's what we're proposing. let's go after these subsidies these preferences and exclusions and after the offshore tax havens and abusive tax shelters. let's shut them down. if there's doubt about where the money is going, here it is. 26.5% of tax expenditures go to the top 1% in this country. 26.5% of all tax expenditures go to the top 1% so when we're saying you may have to reduce tax expenditures 17% you could do it all just with the top 1% of those earning over $1.1 million a year because that's where the benefit is going. let me show you in another way. the top 1% in dollar terms the value on average of tax expenditures for those who are in the top 1% in

president, martin feldstein said we ought to go after those tax expenditures.n it's also alan greenspan the former chairman of the federal . reserve. here's what he said. republicans sought to identify a very significant amount of so-called tax expenditures whicd in fact our misclassify. are they are expenditures, they are outlays and many are subsidies,g and subsidies are not the type e of thing you want for an efficient market system. there are a lot of them. mr. president, w that's what we are proposing. let's go after these subsidies,e these preferences and exclusions, and while we are at it, let's go after thesee we're, offshore tax havens, abusive tax shelters and shut them down. and if there is any doubt about where this money is going, heret is.s. 26.5 per cent of tax expenditures go to the top 1% i. this country. e 26.5% of all tax expenditures go to the top 1%. so when we are saying you may en have to reduce tax expenditures 17%, you could do it all, just with the top 1%. those those earning over $1.1 million. a year. because that's where the benefit is going. let me show you

martin anderson and his wife, also a great scholar, and i, were talking with mr. nixon and i believe alan greenspan was there, too. beebe rabozo was there and r.n. himself and we were discussing the press treatment of r.n.'s discussion of many issues and he said, damn it, the press is not paying attention to what i'm saying on the issues and i've spoken on every darned issue there is and martin and i said, yes, sir, we know. and i had been keeping issues for about two years of richard nixon's statements and i had pat buchanan sending me the speeches and i was cutting them up and this was before computers and xerox machines. i'd slice it out and put it in cards on a shoe box. there's a story within the story. this is while i was at the hoover institution. we had about 15 or 16 people on the staff and some people who would assemble my stuff and one of the side tasks in doing this for the year book on international communist affairs was to use one of the people to collect the richard nixon statements and i would categorize them so i had a shoe box full of cards and one day i gave it to a you

martin anderson and his wife, also a great scholar, and i, were talking with mr. nixon and i believe alan greenspan was there, too. beebe rabozo was there and r.n. himself and we were discussing the press treatment of r.n.'s discussion of many issues and he said, damn it, the press is not paying attention to what i'm saying on the issues and i've spoken on every darned issue there is and martin and i said, yes, sir, we know. and i had been keeping issues for about two years of richard nixon's statements and i had pat buchanan sending me the speeches and i was cutting them up and this was before computers and xerox machines. i'd slice it out and put it in cards on a shoe box. there's a story within the story. this is while i was at the hoover institution. we had about 15 or 16 people on the staff and some people who would assemble my stuff and one of the side tasks in doing this for the year book on international communist affairs was to use one of the people to collect the richard nixon statements and i would categorize them so i had a shoe box full of cards and one day i gave it to a you

president, it's just not martin feldstein who said we ought to go after those tax expenditures. it's also alan greenspan, the former chairman of the federal reserve. here's what he said. "i think that the republicans ought to identify a very significant amount of so-called tax expenditures which in fact are misclassified. they are expenditures, they are outlays and many are subsidies and subsidies are not the type of thing that you want for an efficient market system. there are a lot of them." mr. president health care reforms that's what we're proposing. let's go after these subsidies, these subsidies, these exclusions. while we're at it, let's go after these offshore tax havens, abusive tax shelters. let's shut them down. if there is any doubt about where this money is going, here it is. 26.5% of tax expenditures go to the top 1% in this country. 26.5% of all tax expenditures go to the top 1%. so when we're saying you may have to reduce tax expenditures 17%, you could do it all just with the top 1%, those earning over $1.1 million a year. because that's where the benefit is going. let me sho

president, it's just not martin feldstein who said we ought to go after those tax expenditures. it's also alan greenspan, the former chairman of the federal reserve. here's what he said. "i think that the republicans ought to identify a very significant amount of so-called tax expenditures which in fact are misclassified. they are expenditures, they are outlays and many are subsidies and subsidies are not the type of thing that you want for an efficient market system. there are a lot of them." mr. president health care reforms that's what we're proposing. let's go after these subsidies, these subsidies, these exclusions. while we're at it, let's go after these offshore tax havens, abusive tax shelters. let's shut them down. if there is any doubt about where this money is going, here it is. 26.5% of tax expenditures go to the top 1% in this country. 26.5% of all tax expenditures go to the top 1%. so when we're saying you may have to reduce tax expenditures 17%, you could do it all just with the top 1%, those earning over $1.1 million a year. because that's where the benefit is going. let me sho