handing out the trophy of of my hand and it cutting the deficit painful choices put on by bloomberg government. so i said to them was this thing started by by bloomberg you know from new york they were like oh yeah he started it he doesn't fund it now but he started it and i said so a very nice woman who was very courteous who was then in the booth a couple and i said so what is this government for billionaires and and and she said no no it's the website and the and the symposium is about the impact of congressional action on business in america and i said is there anything about the impact of business on congressional action corporations by not politicians while the website's really not about that that's not our issue is really what bloomberg government is promoting of course and all these other conservative groups it's very simple it's government of by and for millionaires multi millionaires and billionaires so we have an ear and government hiring stew of billionaires like bloomberg hiring stooges friendly stooges to stand it union station and pass out stuff like this and we've got to take t

tonight we talk to six mayors about the challenges they face in governing their cities today. michael bloomberg 89 mayor of new york city, the michael nutter the mayor of philadelphia, jerry sanders the mayor of sand aye oh, kasim reed the mayor of atlanta, bill white the mayor of houston and rmplets t. rybak the mayor of minneapolis. >> if they pass laws, they will have to do it but fundamentally they can be some really serious cutbacks throughout this country which will damage our future because the federal government and the state governments are not doing what they should do and that is investing in the things that really matter rather than wasting money and spending money where it is popular. and the greatest example -- tom friedman, one of them, we spend 40% of our money on seniors and 10% on our youth. if you think bit for the future, it should be much more balanced. >> we see in our various state governments and we looked at what goes on in washington. we could never get away with some of the stuff that goes on in those other places. you either filled the pothole or you didn't. you eith

new york mayor, michael bloomberg was on hand for today's announcement. >> we are trying to get the federal government to do its part and enforce the laws so background checks are meaningful. >> the senate also recently introduced a similar bill. >> women, are you above average? not in iq, but in shoe q. find out how you stack up next. >> plus, one county is betting people will trade their greeneries for green bags. where you could get paid to lose your lawn. >>> and two new ominous signs for the newspaper industry, including something that has never happened before. >>> alameda county wants homeowners to lose their lawns. that's the name of a new program announced today encouraging residents to replace their lawns with sustainable gardens. starting on june 30, homeowner who's convert will get a $500 rebate. multifamily and commercial customers will get up to $3,000. the water district says losing your lawn will save water, reduce land if i would materials, and is better for the environment and your wallet. >> we hear more and more from people about the expenses of taking care of their lawns, about th

to alison fitzgerald, vice chair of our press club's speakers' committee and government and enterprise reporter for bloomberg news. skipping over our speaker for a moment, the senior business editor for npr and speakers' committee member who organized today's event. thank you. patricia harrison is president and ceo of the corporation for public broadcasting and a guest of our speaker. senior washington correspondent for aol news. and washington bureau chief with the nightly business report on pbs. how about a warm round of applause for all of our guests. [applause] npr usually delivers the news, but in recent months, the media organization has been making news itself very last october, decisions to cut ties with juan williams infuriated conservatives who accuse npr of left-wing bias. now, npr's in the news again because some in congress are working to eliminate funding for federal broadcasting. it would be a blow to local stations and destabilizing for npr itself, which celebrates its 40th anniversary on the air next month. the federal funding battle is not the first crisis the npr president and ceo has face

bloomberg testified that the investments have actually provided taxpayers with "higher returns than yields paid on treasury bonds. and enough money to fund the sec for the next two decades." "the government has earned 25.2 billion on its investment in banks and insurance companies and an 8.2% return over two years. that beat out high yield savings accounts, money-market funds, certificates of deposit. >> you are correct that we have had some good returns on the program but i am not sure about those numbers. >> can you describe generally the ways in which treasury is seeking to maximize taxpayers investments and insurer that our country and taxpayers are made whole? >> certainly, congresswoman. the purpose of tarp is to stabilize the system and not make money. it is terrific that this will not cost very much and we are maximizing returns on the various programs. we will earn about 20 billion on the bank investments. we will have some loss. in terms of those who were in trial, they are actually about half of what i said. the foreclosure the -- 20,000. >> i will give the ranking member six minutes since i went well over my time out of fairness. >> i want to associate myself with every sylla

fitzgerald, she's vice chair of our press club speakers committee and she is government and enterprise reporter for bloombergskipping over our speaker for just a moment, marilyn gwax is senior business editor for npr and the speaker's committee member who organized today's event. thank you, marilyn. and we have the corporation for public casting and the guest of our speaker and andrea stone is washington correspondent for aol news, te-milla bay a freelance journalist and darren gersh with the nightly business report on pbs. how about a warm applause for all of them. [applause] >> npr usually delivers the news. but in recent months the media organization has been making news itself. last october, npr's decision to cut ties with juan williams infuriated conservative whose accused npr of left-leaning bias. now npr is in the news again because some in congress are working to eliminate federal funding for public broadcasting wiping out federal financial support would be a blow to local member stations and destabilizing for npr itself which celebrates its 40th anniversary on the air next month. this federal fundin

government investigations into questionable paperwork. a federal destruction judge could decide the fate of blockbuster today. he will rule whether the struggling rental chain stays in business or is liquidated. bloombergews reports the stores are less than a tenth the size of an average supercenter. they plan to open as many as 40 this year. the world's billionaire's club added a bunch of new members this year. now 1,210 billionaires, 129 more than last year. >> nato defense troops are meeting in brussels today to talk about how to put pressure on libyan leader moammer gadhafi. the first country to recognize the libyan opposition interim government council. some lawmakers favor imposing a no-fly zone over libya. they want to stop qaddafi's military jets from attacking them. members of one of its television crews were detained, beaten and subjected to mock executions when qaddafi loyalists captured them. >> handcuffed us. pushed me outside of -- i hear those gun noises. they were getting ready. and i thought do they finish in moments? >> the men left libya after about 24 hours. they will still cover libya despite this attack. >> in tucson, they came face-to-face with loughner. gabrielle giffords was am

bloomberg business report. >> more money is coming up to beef up job retraining programs for former nummi workers. they have okayed a infusion of cash for training and resources. money will come from federal government and be added to more than $4 million and word to the oakland private industry counsel for retraining and job assistance. it comes almost exactly a year after nummi went out of business. >>> sfo is promising new upgrades to free wi-fi service. a contract has expired. advanced wireless group has signed a two-year deal to provide it at the airport. they will upgrade the infrastructure to meet growing capacity demands. >> it is 5:57 on the morning news. >> why pg&e is being threatened with papers to of million dollars a day. >> and new pro texts when radiation levels will arrive here in california. we'll show how you can track the level near your home. >> i'm janelle wang at the federal krourgs courthouse where the trial of barry bonds trial begins today. some of the question, do you read espn magazine? [ ma announcer ] 95% of all americans aren't getting enough whole grain. but actually, it's easier than you think, because general mills big g line of cereals is america's number one sourc

government. that will be honored through the end of the fiscal year. host: house republicans taken over. a lot of a focus on spending cuts. according to a bloomberg choices for the most important issues facing the nation, unemployment and jobs ranked first with 43 provides sign -- 43%. it down from a previous poll. but deficits and spending, 29%, up from 25%. but it still ranks. there has been criticism from democrats you are not doing much on jobs and that is what you ran on. guest: first of all, and the demand-side stimulus program offered by the administration and democratic congressional leadership that was focused on the public sector and not the private sector -- $787 billion in the first tranche has not been successful in bringing down unemployment. still stuck at a high rate. what we need to do is lower of the regulatory burdens, lower the cost of business in the united states by laurie taxes and again regulatory burdens. i think we have done that with the 1099, the requirement that came out of the health-care initiative that would have produced really a job killing burden upon small businesses. what we are trying to do and working with t

government. that will be honored through the end of the fiscal year. host: house republicans taken over. a lot of a focus on spending cuts. according to a bloomberg poll, when given five choices for the most important issues facing the nation, unemployment and jobs ranked first with 43 provides sign -- 43%. it down from a previous poll. but deficits and spending, 29%, up from 25%. but it still ranks. there has been criticism from democrats you are not doing much on jobs and that is what you ran on. guest: first of all, and the demand-side stimulus program offered by the administration and democratic congressional leadership that was focused on the public sector and not the private sector -- $787 billion in the first tranche has not been successful in bringing down unemployment. still stuck at a high rate. what we need to do is lower of the regulatory burdens, lower the cost of business in the united states by laurie taxes and again regulatory burdens. i think we have done that with the 1099, the requirement that came out of the health-care initiative that would have produced really a job killing burden upon small businesses. what we are trying to

bloomberg testified that the investments have actually provided taxpayers with "higher returns than yields paid on treasury bonds. and enough money to fund the sec for the next two decades." "the government has earned 25.2 billion on its investment in banks and insurance companies and an 8.2% return over two years. that beat out high yield savings accounts, money-market funds, certificates of deposit. >> you are correct that we have had some good returns on the program but i am not sure about those numbers. >> can you describe generally the ways in which treasury is seeking to maximize taxpayers investments and insurer that our country and taxpayers are made whole? >> certainly, congresswoman. the purpose of tarp is to stabilize the system and not make money. it is terrific that this will not cost very much and we are maximizing returns on the various programs. we will earn about 20 billion on the bank investments. we will have some loss. in terms of those who were in trial, they are actually about half of what i said. the foreclosure the -- 20,000. >> i will give the ranking member six minutes since i went well over my time out of fairness. >> i want to associate myself with every sylla

government. that will be honored through the end of the fiscal year. host: house republicans taken over. a lot of a focus on spending cuts. according to a bloombergices for the most important issues facing the nation, unemployment and jobs ranked first with 43 provides sign -- 43%. it down from a previous poll. but deficits and spending, 29%, up from 25%. but it still ranks. there has been criticism from democrats you are not doing much on jobs and that is what you ran on. guest: first of all, and the demand-side stimulus program offered by the administration and democratic congressional leadership that was focused on the public sector and not the private sector -- $787 billion in the first tranche has not been successful in bringing down unemployment. still stuck at a high rate. what we need to do is lower of the regulatory burdens, lower the cost of business in the united states by laurie taxes and again regulatory burdens. i think we have done that with the 1099, the requirement that came out of the health-care initiative that would have produced really a job killing burden upon small businesses. what we are trying to do and working with the d