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Jun 26, 2012
06/12
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WETA
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i can go back over films i have done, directors like roman -- robert altman, johnathan demme, woody. clint eastwood, george clooney. i -- they hire really good people and put them in a situation and stand back. they're in there to guide and help. let's get the best people we can get, put them in a room and ask them what do they need? that is what hbo does. that is what the clints and robert altmans do, arthur miller said i look forward to seeing what my work inspires i and others. when you have that kind of creative home like to do with an hbo that only makes a guy like aaron sorkin want to write better or may come back to better, to work harder leading up to the day you are shooting. it is very inspiring. it is an ideal. it is aspirational, god forbid. >tavis: we will have a conversation with jonathan demme. >> i love jonathan. he would have the same enthusiasm. tavis: i love that about him and that is why he is on this program friday night. are you a news junkie? would you say you are a news junkie? >> i kind of became a news junkie around 2000. the presidential election, and becam
i can go back over films i have done, directors like roman -- robert altman, johnathan demme, woody. clint eastwood, george clooney. i -- they hire really good people and put them in a situation and stand back. they're in there to guide and help. let's get the best people we can get, put them in a room and ask them what do they need? that is what hbo does. that is what the clints and robert altmans do, arthur miller said i look forward to seeing what my work inspires i and others. when you have...
SFGTV2: San Francisco Government Television
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Jun 14, 2012
06/12
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SFGTV2
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altman, supervisor wiener asked for continuance to july 10. the next item was the warriors' arena. the solution is not to apply the competitive bidding process in the administrative code for the real estate transaction. supervisor campos asked if this would bind future board actions. supervisor kim proposed an amendment to require oewd require -- ultimately, the resolution with the amendment passed unanimously. the other item was including financial services within the definition of formula retail. the board held the second meeting for this item and voted 8-3 to approve registration. this commission recommended approval without modification of this ordinance on april 12, 2012. supervisors chu, farrell, and elsbernd voted against the ordinance. in terms of the introduction, the ordinance to amend the sanford cisco planning code and general plan regarding the transit center district was introduced by the board. these ordinances were presented and approved here at the planning commission on may 24. that concludes my presentation. commissioner wu: i wanted to ask about the efficiency l
altman, supervisor wiener asked for continuance to july 10. the next item was the warriors' arena. the solution is not to apply the competitive bidding process in the administrative code for the real estate transaction. supervisor campos asked if this would bind future board actions. supervisor kim proposed an amendment to require oewd require -- ultimately, the resolution with the amendment passed unanimously. the other item was including financial services within the definition of formula...
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Jun 29, 2012
06/12
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MSNBCW
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eye 214
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joining me now is nancy altman, author of "the battle for social security."re. >> thanks for having me. >> are republicans calling wolf on how this will ruin america? >> absolutely. they are trying to scare the american people. that's what they were doing back in the '30s and '60s and now. some of the attacks are the same. the republicans used to say that social security's reserves which by the way are $2.7 trillion today were çious. they said you'd pay and pay and never see benefits. some same attacks today. they said about medicare there'd be a bureaucrat between the doctor and the patient. that's what they said about the affordable care act. the important message from today -- from yesterday's decision is that the -- that is only a skirmish in a battle. we have to stay vigilant about all these programs which are so important. our social security system, our medical medicare and the affordable care act. >> and part of the vigilance is seeing how the debate is cast and what is discussed. you wrote in an op ed piece in 2009 in "the l.a. times." you said then
joining me now is nancy altman, author of "the battle for social security."re. >> thanks for having me. >> are republicans calling wolf on how this will ruin america? >> absolutely. they are trying to scare the american people. that's what they were doing back in the '30s and '60s and now. some of the attacks are the same. the republicans used to say that social security's reserves which by the way are $2.7 trillion today were çious. they said you'd pay and pay and...
SFGTV: San Francisco Government Television
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Jun 11, 2012
06/12
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SFGTV
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they are selling industries with software and the taxi driver altman be paying for it. without a mental -- without a dental plan or unemployment insurance, which all of you have. thank you for your time. [applause] >> jon ham. >> in a cab driver. electronic waybills, was it not agree that as long as you do not keep an individual cabdrivers' income, it is just broad information? i never had much of an issue with them. whenever. on the back seat terminals, there are three kinds of passengers in san francisco regarding those. the kind that say that these are fantastic. technology in the back, cool. the kind that says -- what is this and how do i turn it off? the kind that says that they are neither here nor there. i would urge you, on item 13, to overrule the staff recommendation on this. let this be a business decision of the cab companies. i do not think that this agency and honestly say that they are doing a public service by mandating bees' backs the terminals. there are essentially three kinds of writers with three kinds of responses. there is no overwhelming evidence
they are selling industries with software and the taxi driver altman be paying for it. without a mental -- without a dental plan or unemployment insurance, which all of you have. thank you for your time. [applause] >> jon ham. >> in a cab driver. electronic waybills, was it not agree that as long as you do not keep an individual cabdrivers' income, it is just broad information? i never had much of an issue with them. whenever. on the back seat terminals, there are three kinds of...
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Jun 5, 2012
06/12
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CNBC
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eye 358
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this idea before roger altman.old rhetoric we heard for a long time. it's not working, this idea of praising europe and jntly prodding. it is time to lay down the law. since at least world war i europe has not been able to solve its problem by its own. nobody trusts germany. germany is not big enough. germany's gdp is the same as california, texas and north carolina. could you turn to those three states and say solve the problems of the u.s.? no, you could not. german's population equal to california, texas and new york. could you say by yourselves solve it and plus -- maybe people do distrust california, new york and texas. it's time to step up, take a big pot of imf money and put it in the second loss position behind europe and say you guys create x weeks will give you y and solve this problem. >> the u.s. should give them money? the european union has enough money! >> michelle, are you happy now? is this working for you? it ain't working for me, it's not working for markets and it's not working for anybody. >> s
this idea before roger altman.old rhetoric we heard for a long time. it's not working, this idea of praising europe and jntly prodding. it is time to lay down the law. since at least world war i europe has not been able to solve its problem by its own. nobody trusts germany. germany is not big enough. germany's gdp is the same as california, texas and north carolina. could you turn to those three states and say solve the problems of the u.s.? no, you could not. german's population equal to...
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Jun 6, 2012
06/12
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KPIX
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the altman passed on the west side.s a look of the morning drive by see room and let's take a big issues and big races in california and of course the recall election in wisconsin. on on your wisdom. >>> three times. deadweight on a personal level something pretty dead. but they're still the tax that was extremely divisive and that state this is very close election. the surviving this fat out seven percentage points in what it means the republican party means that revelations read too much into it. it reflects the fact their unemployment slightly down. the household income for most families in smiley up. in the household and that is part of the reason that he not have collective bargaining rights. dummied too much into this is the state that were sent to it. it shows to getting the benefit a slightly improving economy. in the fall and that everybody wants to position themselves that way but i'm saying ms. romney for example in the gop could make that claim if he won by 10 or 15 or 20 points he can't do that is seven per
the altman passed on the west side.s a look of the morning drive by see room and let's take a big issues and big races in california and of course the recall election in wisconsin. on on your wisdom. >>> three times. deadweight on a personal level something pretty dead. but they're still the tax that was extremely divisive and that state this is very close election. the surviving this fat out seven percentage points in what it means the republican party means that revelations read too...
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Jun 12, 2012
06/12
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KPIX
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eye 141
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is there to the altman pass.ound friday from the altar on passes you work your way towards the city again no accidents them that sinclair out of the way. community sure freeway but it the work roadwork has been cleared. the gods and the good and problems ... it was getting back up to speed. deadweight the court sfo. the rest chances still doing ok and what work is still in effect this morning in around that area not too far from their aunt self 11 s in a fight this until 6:00. elsewhere taking a look at conditions and tenor fell so far traffic is very life. a possible stalled truck but it didn't turn out to be too much the problem. not a bad writer del. as the mercury at marin county and san francisco but still only 13 minutes from friday to the golden gate bridge were still dillon of roadwork mature into a more valid looks like they have very close to be wrapped up by 6:00. no delays to report both directions looking good. was in her to find. prop up against a fence began his last month after two teens broke int
is there to the altman pass.ound friday from the altar on passes you work your way towards the city again no accidents them that sinclair out of the way. community sure freeway but it the work roadwork has been cleared. the gods and the good and problems ... it was getting back up to speed. deadweight the court sfo. the rest chances still doing ok and what work is still in effect this morning in around that area not too far from their aunt self 11 s in a fight this until 6:00. elsewhere taking...
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Jun 1, 2012
06/12
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WUSA
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we talked about being stuck in traffic, and robert altman has the view across our area. i know we need to know this. i don't know that we want to know it, robert. >> reporter: certainly nobody really wants to know but we've had major problems throughout the afternoon. a lot of those coming in the form of flooding. right now flooding is blocking a portion of northbound i-95, right near the 11th street bridge. the accident we're seeing here is northbound i-95 at ed zell. for awhile that was blocking everything. a lot of activity off to the right shoulder. the medic and fire equipment has now left, only the police and the accident vehicles remain. going back to some issues, the outer loop near 450áeu7b prince george's county, two right lanes are blocked, two left lanes actually blocked for flooding, major delays all over the beltway as you can definitely imagine also along northbound 395, right near washington boulevard, still very slow on that northbound side. at times we've had 270 slow, basically from the capital beltway up through frederick county, and that remains to b
we talked about being stuck in traffic, and robert altman has the view across our area. i know we need to know this. i don't know that we want to know it, robert. >> reporter: certainly nobody really wants to know but we've had major problems throughout the afternoon. a lot of those coming in the form of flooding. right now flooding is blocking a portion of northbound i-95, right near the 11th street bridge. the accident we're seeing here is northbound i-95 at ed zell. for awhile that was...
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Jun 26, 2012
06/12
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CSPAN3
tv
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. >> i'm harlan altman, thanks to the panel because it has been a stimulating and provocative session. the world economic situation is dicey at best, if the euro happens claes the pressure put on us will be huge. you have a political system that is broken that unless one party winds both ends of pennsylvania avenue with 60 votes in the senate, i think there's very little chance of anything rationally being done and worse than that, no matter who win withes the election, you will have change in the leadership with the departments and it will be five or six months after the election or more until you have a chance for people who are in the position to talk about reprogramming and the like. now i think you're absolutely right that we have to make far greater cuts to our overall spending. there's probably not going to be any agreement between the differences over taxation and spending. so give me a couple of big idea, how you deal with a system that's broken. we really have to accommodate by cutting trillions and trillions of dollars and doing it in a sensible way and who do we get to lea
. >> i'm harlan altman, thanks to the panel because it has been a stimulating and provocative session. the world economic situation is dicey at best, if the euro happens claes the pressure put on us will be huge. you have a political system that is broken that unless one party winds both ends of pennsylvania avenue with 60 votes in the senate, i think there's very little chance of anything rationally being done and worse than that, no matter who win withes the election, you will have...
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Jun 1, 2012
06/12
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WUSA
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robert altman has his eyes on the very wet roads tonight. >> very wet and very deep in some places and that's what we're finding here on the outer loop of the beltway. >> reporter: right near 4506789 that's the shot at good luck road. it's only the left lane blocked. earlier with flooding conditions it was two left lanes but flooding seems to be the major issue we're finding. most of the accidents that are coming in are very minor because most people can't really get up to speed at this point in time. but thou we're getting word of very slow traffic, also because of flooding not too far away from here along westbound 50 between 202 and columbia park. also expect delays solid delays leaving 395, near the pentagon, all the way down toward the beltway. there is just a brief grange action right near the beltway and springfield approaching the mixing bowl, but we're solid again all the way down through the area of lorton, building in toward the ramps of woodbridge and then down toward dale city and the harbor. the harbor got hit a little while ago with some very serious storms, and that's w
robert altman has his eyes on the very wet roads tonight. >> very wet and very deep in some places and that's what we're finding here on the outer loop of the beltway. >> reporter: right near 4506789 that's the shot at good luck road. it's only the left lane blocked. earlier with flooding conditions it was two left lanes but flooding seems to be the major issue we're finding. most of the accidents that are coming in are very minor because most people can't really get up to speed at...
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Jun 5, 2012
06/12
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CSPAN2
tv
eye 166
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roger altman isn't a person who chosen this kind of hyperbola, a very serious pinkard.i know politically you are saying this is what should happen. politically you are saying this is what people should do and the importance of europe just can't let us go in this direction. but are there a set of event? in the persons that it's unsustainable that could lead us into this direction. roger altman as outlined speaking more as a banker and a person who is that with markets finance you said earlier with the political views to which you would like to be the outcome. >> well, in the pml that was two days ago in chantilly not very far from here, i will convince him with my arguments of two things. the first one is, as his analysis of potential resolve this right, i would say yes. if we had to collapse of the euro zone they would have a tremendous impact on the whole of the economy. no doubt about that. it would also lead to a very difficult political situation in europe. the question is, will it happen? what is really needed and short-term? we have the greek election. yes, the wo
roger altman isn't a person who chosen this kind of hyperbola, a very serious pinkard.i know politically you are saying this is what should happen. politically you are saying this is what people should do and the importance of europe just can't let us go in this direction. but are there a set of event? in the persons that it's unsustainable that could lead us into this direction. roger altman as outlined speaking more as a banker and a person who is that with markets finance you said earlier...
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Jun 12, 2012
06/12
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WBAL
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. >> altman z, they will have the task of determining whether they will have its day in the state, ate legislature. >> while fires out west. this is a view about 60 files more -- 60 miles north of denver. these are being fueled by exceptionally dry conditions. the wind is propelling the flames across the speed. it is very difficult to access. the u.s. forest service is providing more to the firefighting fleet. >> now, your 11 insta-weather plus forecast with meteorologist john collins. >> dry weather out west. we have had some pretty good rain here. this is moving east. the heaviest in harford county. cecil county as well. the rain and lightning in baltimore county. it has ended and howard county, and just some scattered showers in anne arundel county. over the bay, some pretty heavy rains as well. a change of view of the radar, putting it in motion, and you can see the direction all of this storm activity is moving. this is generally east of the city and moving on to the east. there could be some scattered showers, maybe a rumble of thunder. we could still see something yet this even
. >> altman z, they will have the task of determining whether they will have its day in the state, ate legislature. >> while fires out west. this is a view about 60 files more -- 60 miles north of denver. these are being fueled by exceptionally dry conditions. the wind is propelling the flames across the speed. it is very difficult to access. the u.s. forest service is providing more to the firefighting fleet. >> now, your 11 insta-weather plus forecast with meteorologist john...
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Jun 5, 2012
06/12
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KPIX
tv
eye 126
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slowing of the income at incline as well over to our maps we do have some conditions coming out of the altmant 27 minutes now was down 580 and san francisco hospital both directions the extra volume so far no slow speeds traffic's are going through some pretty nice piece of the golden gate bridge that look at your morning drive back to. >>> a couple of very popular companies are coming under new ownership herein box with kcbs money watch dot com. tells all about it. a lot of people around the country will find allies in is so popular on the bay area the bakery has 19 locations around the bay and is being purchased by starbucks for $100 million stomach says immediately replace its current lineup with items that will take awhile to pull that out across the country but will start doing so immediately starbucks says that it responds to its customer demands for higher quality products. also googol spend some money on this announcing exactly how much it's a film on the neighbor it started up that specializes in is investing its communication features are used by over 100 million but users out there
slowing of the income at incline as well over to our maps we do have some conditions coming out of the altmant 27 minutes now was down 580 and san francisco hospital both directions the extra volume so far no slow speeds traffic's are going through some pretty nice piece of the golden gate bridge that look at your morning drive back to. >>> a couple of very popular companies are coming under new ownership herein box with kcbs money watch dot com. tells all about it. a lot of people...
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Jun 13, 2012
06/12
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KPIX
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eye 204
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is special in that area approaching the drive time in the red almost a half-hour coming out of the altmanassed for the dublin interchanged a five may be contributing it is an issue across the golden gate bridge with a couple of dense fog advisers along the coast north on 11 in it another since a 6:00 this morning caesars to bristle along northbound 11 coming december ships and as they remain blocked the shot back to you. >>> gas prices figure in a couple of reports on the economy this morning new numbers for jason brooks kcbs money watchdog, on this wednesday. we haven't really seen a lot of the easier at the pump and the day but across much of the country gas prices have fallen and that divides the commerce department reported retail sales falling by two tenths of a percent and also a back to april and from a prior figure of a gain of a 10th of a percent gas station sales were down 2.2 percent said that the overall impacts to shot but gas and food in may retail sales were up pretty anemic one-tenth of 1% and was the first back-to-back months of overall sales in three years into the labor
is special in that area approaching the drive time in the red almost a half-hour coming out of the altmanassed for the dublin interchanged a five may be contributing it is an issue across the golden gate bridge with a couple of dense fog advisers along the coast north on 11 in it another since a 6:00 this morning caesars to bristle along northbound 11 coming december ships and as they remain blocked the shot back to you. >>> gas prices figure in a couple of reports on the economy this...
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Jun 12, 2012
06/12
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KPIX
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eye 191
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traffic is very slow and go beyond 80 this point cannot be sure freeway as well also provides to the altmanus luggage conditions as your work away friday toward 68023 minutes now on i try * west on highway 4 those delays have come to pittsburgh. still looking okay though the north and southbound adb checking with any problems in the golden gate bridge despite seeing a few more cars in the roadway into san francisco. did waves think your honor. tonight the berkeley city council will weigh in on a hotly debated new city ordinance some claim the proposal unfairly targets of the city's most gullible people is a washington is live with more on how the mayor claims it would benefit businesses. iraq constitution square this on the popular spots where the homeless people who are the city of berkeley take a look you can see several of them still sleeping we know that it least two council members have said that they will not support mayor tom bass proposal when the vote tonight is the mayor proposes a ban on sitting on sidewalks from 7:00 a.m. until 10:00 p.m. in the commercial areas berkeley law alr
traffic is very slow and go beyond 80 this point cannot be sure freeway as well also provides to the altmanus luggage conditions as your work away friday toward 68023 minutes now on i try * west on highway 4 those delays have come to pittsburgh. still looking okay though the north and southbound adb checking with any problems in the golden gate bridge despite seeing a few more cars in the roadway into san francisco. did waves think your honor. tonight the berkeley city council will weigh in on...
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Jun 4, 2012
06/12
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CSPAN
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eye 210
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>> roger altman moderated a panel i was on the two days ago. i do not think i convinced him with my arguments. there are two things. first, his analysis potentially sounds right. then i would say yes. if you had a collapse of the eurozone, it would have a tremendous impact on the global economy. no doubt about it. it leads to a very difficult political situation in europe. the question is, will it help? if you really needed it in the short term -- if you have to have a great election, yes. the outcome will be the government's continuing be austerity programs. they would come back to the eu and the imf and the ec be -- ecb, and they would say, you're not doing what we wanted you to do, but we still want your money. our people will not support this. you back to continue with the program. that would give someone a little bit more time -- in the worst case, maybe -- but certainly not, the austerity program. if they say that, we don't want to do that, we're leaving the eurozone, that is a very difficult situation, but manageable. absolutely manageab
>> roger altman moderated a panel i was on the two days ago. i do not think i convinced him with my arguments. there are two things. first, his analysis potentially sounds right. then i would say yes. if you had a collapse of the eurozone, it would have a tremendous impact on the global economy. no doubt about it. it leads to a very difficult political situation in europe. the question is, will it help? if you really needed it in the short term -- if you have to have a great election,...
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Jun 12, 2012
06/12
by
CSPAN
tv
eye 163
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i could not tell if he was talking about altman political -- altman accountability or political accountability -- accountability or political accountability. our system does provide for it in a lot of ways. the results of the last election and the several elections before suggested that the american people were unhappy with the way things were going. in 2006 and 2008 they expressed unhappiness. in 2010 day expressed unhappiness with the direction that president obama and the democrats were taking. in the biggest sense, i think we do have victims of accountability. i think that through the media, and i am worried about the prices, you have a forms of accountability where wrongdoing can be expos. you have congressional hearings which can be abused and have been abused in our history. you have places where accountability takes place. we might just disagree in terms of the administration. i don't see the administration as i usually lacking in transparency. i am a journalist. i probably think all administrations are not as open as they should be and do not answer as many questions as they should. i
i could not tell if he was talking about altman political -- altman accountability or political accountability -- accountability or political accountability. our system does provide for it in a lot of ways. the results of the last election and the several elections before suggested that the american people were unhappy with the way things were going. in 2006 and 2008 they expressed unhappiness. in 2010 day expressed unhappiness with the direction that president obama and the democrats were...
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379
Jun 15, 2012
06/12
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CNBC
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treasury secretary roger altman of evercorps partners.apartment near our studios down there just for commenting on europe. here we go again. i thought we fixed things in spain. now we have greece. what is your latest thoughts on all of this? >> well, joe, i agree with martin bofl's observation a few minutes ago that in economic and financial terms, greece is tiny, and it's not the core question. the markets are transfixed with it and yes there is contagion risk should greece exit, but fundamentally the eurozone does not have the rescue tools and the protection tools which are necessary in a situation like this, and i think the market is fundamentally focused on that. the sovereign rescue fund, the esm is neither ratified and deployable right now nor is it large enough. there isn't a reliable system as we all know of deposit insurance, and a central deposit insurance backup. they don't have a reliable system for bank examination and supervision and they don't have a unit like our t.a.r.p. for injecting equity into banks, which is what so m
treasury secretary roger altman of evercorps partners.apartment near our studios down there just for commenting on europe. here we go again. i thought we fixed things in spain. now we have greece. what is your latest thoughts on all of this? >> well, joe, i agree with martin bofl's observation a few minutes ago that in economic and financial terms, greece is tiny, and it's not the core question. the markets are transfixed with it and yes there is contagion risk should greece exit, but...
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Jun 25, 2012
06/12
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CNNW
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eye 193
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rate in the western hemisphere and some are trying to change all of that, of course, and our patrick altmanestival, people who cannot find a seat watch from the doorways and the windows. it has been dubbed the click festival. the event organizers say is dedicated to helping cubans get online an arduous journey in a country where the internet is slow and requires government approval which means that the participants may talk about facebook and twitter, but there is no internet available here. the event is not intended to provoke authorities say a well known blogger and critic ma h ree sanchez. >> it goes beyond the festival for blogs or twitter or for mobile phones or text messaging. with e want to talk about all kinds of technology, and we want to be inclusive. >> reporter: maybe so, but even before the event began cuban state media denounced the organizers for quote subversion. a charge that festival participants denied. >> translator: twiter or the internet is not just a privilege for people in developed countries. they are developed countries, because they have these kinds of tools. >> r
rate in the western hemisphere and some are trying to change all of that, of course, and our patrick altmanestival, people who cannot find a seat watch from the doorways and the windows. it has been dubbed the click festival. the event organizers say is dedicated to helping cubans get online an arduous journey in a country where the internet is slow and requires government approval which means that the participants may talk about facebook and twitter, but there is no internet available here....
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Jun 27, 2012
06/12
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CNBC
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eye 349
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we'll get answers from roger altman and jared bernstein. >> when the dream is under threat.f morphed into the american entitlement dream. our fest guest compensation master and former white house ken feinberg with insight on who gets what in an ever changing business world. >> and experts on oil, the dollar and gold all here to help you make smart money. the second hour of "squawk box" starts right now. ♪ but it's all right now >> good morning. welcome to "squawk box." brian sullivan sitting in for joe along with becky quick. joe kernen has the week off. microsoft saying it's disappointed with an eu ruling that left an anti-trust ruling against it in place. microsoft has not said whether it will appeal. we've got bad news in california, morning. stockton, california, set to become the largest american city ever to declare bankruptcy. officials were unable to reach a deal to restructure debt. >> another day at european debt auctions. italy sold six-month debt at an average yield at just under 3%. it's the highest since december. let's take a quick look at futures. i think we
we'll get answers from roger altman and jared bernstein. >> when the dream is under threat.f morphed into the american entitlement dream. our fest guest compensation master and former white house ken feinberg with insight on who gets what in an ever changing business world. >> and experts on oil, the dollar and gold all here to help you make smart money. the second hour of "squawk box" starts right now. ♪ but it's all right now >> good morning. welcome to...
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69
Jun 11, 2012
06/12
by
CSPAN
tv
eye 69
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altman, the industry can -- ultimately, the industry can grow to be dependent on these policies. economic activity will rely on the availability of a taxpayer subsidy. the ability to wean and industry off of these credits is proving very difficult. i would suggest that, to the extent that the committee pursues an effort to reduce these credits, you need to be careful, perhaps, about a transition or a phase out that might see how they will step down and ultimately and. >> so a strategy for an energy source that is heavily reliant on the subsidies -- >> a strategy to come to this -- a strategy to come to this committee would be to demonstrate very clearly at what not need a subsidy anymore and then codify that and put that into law? >> that is exactly right. if you codify the step down or phase out of that policy instead of having it go away overnight, that might make it more likely that the policy will actually terminate. >> in the investor community, an investor would look at that and make a decision whether that investment was, in fact -- if you could tie the risk of the investm
altman, the industry can -- ultimately, the industry can grow to be dependent on these policies. economic activity will rely on the availability of a taxpayer subsidy. the ability to wean and industry off of these credits is proving very difficult. i would suggest that, to the extent that the committee pursues an effort to reduce these credits, you need to be careful, perhaps, about a transition or a phase out that might see how they will step down and ultimately and. >> so a strategy for...
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altman, the industry can -- ultimately, the industry can grow to be dependent on these policies. economic activity will rely on the availability of a taxpayer subsidy. the ability to wean and industry off of these credits is proving very difficult. i would suggest that, to the extent that the committee pursues an effort to reduce these credits, you need to be careful, perhaps, about a transition or a phase out that might see how they will step down and ultimately and. >> so a strategy for an energy source that is heavily reliant on the subsidies -- >> a strategy to come to this committee would be to demonstrate very clearly at what point they feel like they would not need a subsidy anymore and then codify that and put that into law? >> that is exactly right. if you codify the step down or phase out of that policy instead of having it go away overnight, that might make it more likely that the policy will actually terminate. >> in the investor community, an investor would look at that and make a decision whether that investment was, in fact -- if you could tie the risk of the inves
altman, the industry can -- ultimately, the industry can grow to be dependent on these policies. economic activity will rely on the availability of a taxpayer subsidy. the ability to wean and industry off of these credits is proving very difficult. i would suggest that, to the extent that the committee pursues an effort to reduce these credits, you need to be careful, perhaps, about a transition or a phase out that might see how they will step down and ultimately and. >> so a strategy for...