SFGTV: San Francisco Government Television
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Mar 3, 2012
03/12
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secretary boomer: our last speaker. [reading name] >> the situation here has been getting worse and worse. i have been away intention. what has been going on, mr. ford, he arranged from town hall meetings, and they came in big numbers, and whenever they explained, none of them they want to employment. what they did is brought people, and a lot of the people are fake, who do not represent the industry. the electronic waybill and blah, blah, blah. day, i am delivering a message. the protests will be right in front of city hall, and they are big. in these town hall meetings from a few weeks ago, they were called names by the taxi drivers. even somebody had been sent an email, and i sent a copy one time to mr. reiskin. "you are a piece of [beep]" we are ready to talk, but i do not have time here. five minutes. to solve that issue. they said, ok, let's do it online. the person, the medallion holder, and he is holding a card for 18 months, you do not get it for 18 months. before that, we used to come to city hall. there is a
secretary boomer: our last speaker. [reading name] >> the situation here has been getting worse and worse. i have been away intention. what has been going on, mr. ford, he arranged from town hall meetings, and they came in big numbers, and whenever they explained, none of them they want to employment. what they did is brought people, and a lot of the people are fake, who do not represent the industry. the electronic waybill and blah, blah, blah. day, i am delivering a message. the...
SFGTV: San Francisco Government Television
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Mar 3, 2012
03/12
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boomer? secretary boomer: you have one person who would like to address it. he has turned in a speaker card. you only have this one person. chairman nolan: congratulations for being appointed to the citizens' advisory committee. >> thank you. my name is roland long. i am a member of the citizens' advisory committee. the muni accessible services and also the mayor's this bill to counsel. i am here today to talk about the fair -- faregates. we have only one accessible fare gate in the system. nearest to the station agent boot. and oftentimes, people in wheel chairs, people with disabilities have to wait, especially when it is grounded, and we have to get out of the gate. i am in that dialogue with the council. we had a big discussion as far as trying to figure out how we can maybe add a sixth of all -- at accessible -- add accessible faregates. this may be for the project. maybe there will be a chance that we could maybe look into having two accessible faregates to allow people to go in and out, and also, another factor -- [bell] the station agent may not be av
boomer? secretary boomer: you have one person who would like to address it. he has turned in a speaker card. you only have this one person. chairman nolan: congratulations for being appointed to the citizens' advisory committee. >> thank you. my name is roland long. i am a member of the citizens' advisory committee. the muni accessible services and also the mayor's this bill to counsel. i am here today to talk about the fair -- faregates. we have only one accessible fare gate in the...
SFGTV: San Francisco Government Television
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Mar 3, 2012
03/12
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secretary boomer: mark grueber. >> mark grueber. this was a date that we were told that we would have discussion of the tax proposals, which you may have an idea now that are very controversial, and i would really hate to see us stopped at the end of a long meeting, which will then be a very long meeting, and try to get your attention devoted to this other issue when you are probably at wit's end already. i would say to push this whole thing back to may. there is no need for you to be discussing these tax changes now. there is another round of the medallion sales that is just about to get underway, and that will be the thing that is going to provide your revenues going forward at this point, so give us the opportunity to have our issues discussed in an atmosphere where they may make a difference. secondly, and this is totally unorthodox, and probably any political consultant will tell you it is a harebrained scheme beyond any possibility of passage, but i see you have five revenue solutions in terms of ballot measures, and my though
secretary boomer: mark grueber. >> mark grueber. this was a date that we were told that we would have discussion of the tax proposals, which you may have an idea now that are very controversial, and i would really hate to see us stopped at the end of a long meeting, which will then be a very long meeting, and try to get your attention devoted to this other issue when you are probably at wit's end already. i would say to push this whole thing back to may. there is no need for you to be...
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Mar 11, 2012
03/12
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WBAL
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the first baby boomers are reaching retirement age. every day 10,000 baby boomers reach age 65. people are living longer but not necessarily better. when i talk to my clients, they tell me their greatest fear is out-living their money. it is never too late to start planning. >> reexamine your investment strategy is what you are saying to do. >> when you are in the prime working years, we call that the accumulation phase. you may be able to handle that stock market volatility. as you get closer to retirement, you may need to reexamine your portfolio. you never know when another 2008 is going to hit. a quick example, if your portfolio is down 20%, you need to earn 25% to get back to even. if you are taking withdrawals from your portfolio, you need to earp more than 25% to get back to that original starting point. hope is not an investment strategy. >> review your budget? >> you have to review your budget. it is always a good place to start. take a look at what your expenses are. you have to get a handle on that. it is very important to review the budget. when you are working, hope
the first baby boomers are reaching retirement age. every day 10,000 baby boomers reach age 65. people are living longer but not necessarily better. when i talk to my clients, they tell me their greatest fear is out-living their money. it is never too late to start planning. >> reexamine your investment strategy is what you are saying to do. >> when you are in the prime working years, we call that the accumulation phase. you may be able to handle that stock market volatility. as you...
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Mar 2, 2012
03/12
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CSPAN3
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it really is an example of a place that could do a lot to engage this enterprising boomer segment. gen-y entrepreneurs, this is a guy giving a one-minute elevator pitch. the next generation of people coming up are really interested in being entrepreneurs, 40% of young adults aged 18 to 24 will say they want to go start a business. and 60% of gen-y will say they'll be a serial entrepreneur. they already started a company, and they believe they will never go work for a large company. they're going to create their own job. that's encouraging, i think for the united states. the question mark here is, what do we do to educate these people to really know how to do that? so it comes right back to the education system. k through 12 education, it's also college programs. i can give you a couple that i hear all the time from entrepreneurs that are really working. so at the k through 12 level, high schools targeted toward stem education. that is something that i hear over and over and over talked about as really important, and a great preparation. there are some examples, north dakota school
it really is an example of a place that could do a lot to engage this enterprising boomer segment. gen-y entrepreneurs, this is a guy giving a one-minute elevator pitch. the next generation of people coming up are really interested in being entrepreneurs, 40% of young adults aged 18 to 24 will say they want to go start a business. and 60% of gen-y will say they'll be a serial entrepreneur. they already started a company, and they believe they will never go work for a large company. they're...
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Mar 21, 2012
03/12
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CNBC
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we had the baby boomers getting into the most productive years. he's not saying anything over the next couple of months. he's looking at years and decades. if we look at years and decades, we now see the opposite effect where the boomers are not effective, they are retiring and saving. if anything, this is a time when bonds will continue to do extremely well. and for the near term, i started buying bonds. bonds have been absolutely destroyed. bonds are doing well today. i think it's a start of resurgence for the near term. i would point out that equity bulls want to have it both ways. the reasons you had to buy stocks is because rates are so low. now they are rising and they say, money is coming out of the stock market. i don't think they are both good for stocks. that's just not credible. >> joe? >> i've just got to ask you, you have a market when you look at the cyclical trade, you look at russell, nasdaq, apple continuing to perform well. you have an equity proving well to the bear thesis. the next leg is the income side. steve, the ultimate qu
we had the baby boomers getting into the most productive years. he's not saying anything over the next couple of months. he's looking at years and decades. if we look at years and decades, we now see the opposite effect where the boomers are not effective, they are retiring and saving. if anything, this is a time when bonds will continue to do extremely well. and for the near term, i started buying bonds. bonds have been absolutely destroyed. bonds are doing well today. i think it's a start of...
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Mar 14, 2012
03/12
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CSPAN3
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the boomer generation is going to turn 65. this is going to put new strains and it comes at time when people have lost their savings, that they were depending on retiring in the next decade. we're living in a time of potential losterity, lost personal income. what sort of ideas should americans have for investing responsibly to create a secure retirement and how can government help them? >> well, i do think that retirement is really a social imperative, that -- and it's got to get, i think, and have a lot more focus, nationally, because this is going to be one of our great challenges. apparently the earlier panel spoke about this, cindy fornelli mentioned the 80 million baby boomers starting to turn 65 that actually comes to something like, you know, 10,000 people a day are turning 65. we now find that said, with an economy that has done poorly, people were basically borrowing against their 401(k)s. the safety net that we were used to having years ago, the pension plans that people relied upon have sort of gone the way of the
the boomer generation is going to turn 65. this is going to put new strains and it comes at time when people have lost their savings, that they were depending on retiring in the next decade. we're living in a time of potential losterity, lost personal income. what sort of ideas should americans have for investing responsibly to create a secure retirement and how can government help them? >> well, i do think that retirement is really a social imperative, that -- and it's got to get, i...
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Mar 5, 2012
03/12
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CSPAN3
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and, in fact, it tilts towards a lot more people in the baby boomer age range than you would ever expect. there are 76 million people in that demographic, and they truly are going to redefine retirement. they may not retire. right? and there are reasons for that. some of it is people are living longer. they're healthy longer. some of it is economics based. maybe they actually need to stay in the workforce. but we're really seeing them drive a lot of innovation and entrepreneurial growth. and as leaders of states, there are certain things to think about here. how do you tap into that population. i mean, they cannot only start companies, they can be angel investors in companies. they certainly can be mentors. they can be advisers. there are certain places where they like to live. making your regions, cities, states attractive to this demographic is important. frim the pacific northwest. and an example is bend, oregon. it's amazing how many people like to retire in bend, oregon. it really is an example of a place that probably could do a lot to engage this enterprising boomer segment. next
and, in fact, it tilts towards a lot more people in the baby boomer age range than you would ever expect. there are 76 million people in that demographic, and they truly are going to redefine retirement. they may not retire. right? and there are reasons for that. some of it is people are living longer. they're healthy longer. some of it is economics based. maybe they actually need to stay in the workforce. but we're really seeing them drive a lot of innovation and entrepreneurial growth. and as...
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place well also you know i when i go into the apple store and i do go there often i only see baby boomers i only see people well over the age of thirty four those are the people buying i pads and mackintoshes and i think that's what you see in the share price as well is the baby boomers themselves be flexing themselves they see themselves buying now well you know here's what we could pedia founder jimmy wales has recently said probably at the south by southwest festival where all the sensors are hanging out that pretty soon everyone in the world backs us to every piece of information ever created in the history of the world on their i pad now again it's power and the question going forward is will intellectual power trump the power of the gone you know and i think that in the you see this happening let's see it played out in greece for example obviously that in greece the government should have underwritten the dissemination of a free laptop and internet access to every single person in the country if they wanted to see growth but instead they poured all their money into one. procurement
place well also you know i when i go into the apple store and i do go there often i only see baby boomers i only see people well over the age of thirty four those are the people buying i pads and mackintoshes and i think that's what you see in the share price as well is the baby boomers themselves be flexing themselves they see themselves buying now well you know here's what we could pedia founder jimmy wales has recently said probably at the south by southwest festival where all the sensors...
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Mar 4, 2012
03/12
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KBCW
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but baby boomers, today are hitting 65. last year they had dramatically growing future demands from medicare. you know what the plan covers if you have an elderly parent. a crash less in medicare can help you the day you depend on it. today we will be talking to the founder of encore management, with information on aging parents. she is amade care medwork aging partner with the administration on aging and the medicaid and medicare prescription drug program. welcome. >> thank you very having me here. >> it is quite an i throw, probably because of medicare. it seems like a maze. people get confused by it. why? >> they do, because we can't make it simple. my goal has been to make it clear for people. >> why? this is a government program that takes care of you when you are 65, your medical needs, if you don't have insurance. is there anything wrong with that, to begin with? >> nothing is wrong with that, but there are nuances and requirements for enrollment and when you have to sign up. there are specific hurdles you need to ju
but baby boomers, today are hitting 65. last year they had dramatically growing future demands from medicare. you know what the plan covers if you have an elderly parent. a crash less in medicare can help you the day you depend on it. today we will be talking to the founder of encore management, with information on aging parents. she is amade care medwork aging partner with the administration on aging and the medicaid and medicare prescription drug program. welcome. >> thank you very...
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Mar 9, 2012
03/12
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FOXNEWS
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boomers age, they face memory problems. >> experts said today that financial fraud among baby boomersgrossly underreported. senior citizenning only one out of every 24 cases is formally documented. in washington, catherine herridge, fox news. >> the federal government is taking steps to strengthen information sharing with classify and private partners. janet napolitano released directive today. four mississippi inmates pardoned by haley barbour will be released from prison saturday. the democratic attorney general challenged the pardons but lost in court thursday. the fifth inmate initially ordered to remain in prison was released when his sentence was up. south carolina republican lieutenant for ken ard resigned from office today. pleaded guilty to seven counts of violating state ethic laws. among other things he was accused of giving $75,000 of his own money to people who in turn donated back dorb donated it back to his campaign. >>> famous law enforcement official continues to insist the president's birth certificate is not real. update a bit later. up next, friday. that is never g
boomers age, they face memory problems. >> experts said today that financial fraud among baby boomersgrossly underreported. senior citizenning only one out of every 24 cases is formally documented. in washington, catherine herridge, fox news. >> the federal government is taking steps to strengthen information sharing with classify and private partners. janet napolitano released directive today. four mississippi inmates pardoned by haley barbour will be released from prison saturday....
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Mar 1, 2012
03/12
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KPIX
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y boomers ♪[ music ] >>> remember that?onight, baby boomers remembering davy jones the lead singer for the month keys. he died today from an -- for the monkees. he died today from a heart attack. there was a tv show that lasted a few years. the group broke up after the show ended. sometimes they reunited and toured. dead at 66. >>> a major financial windfall for employees of alaska and frontier airlines. the alaska air group announced it's paying out nearly $54 million in annual bonuses for surpassing expectations last year. nearly $5million will be handed out to more than 1,000 employees, about three weeks pay for 13,000 people. >>> oakland's mayor says jobs could stop bullets in her city. >> today she was part of a job fair to help put young people to work. her focus on the city's roughest neighborhoods. christin ayers reports. >>> reporter: it's the most underprivileged kids from oakland who come from the 100 most dangerous spots in the city and the mayor believes this job fair could change the face of crime here. >> you
y boomers ♪[ music ] >>> remember that?onight, baby boomers remembering davy jones the lead singer for the month keys. he died today from an -- for the monkees. he died today from a heart attack. there was a tv show that lasted a few years. the group broke up after the show ended. sometimes they reunited and toured. dead at 66. >>> a major financial windfall for employees of alaska and frontier airlines. the alaska air group announced it's paying out nearly $54 million in...
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Mar 2, 2012
03/12
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CSPAN3
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but only $489 million on alzheimer's, even though 15 million baby boomers are going to have it. we have to find a the cure. so madam secretary, i congratulate you and the mission on announcing the addition of $80 million more in this coming year's budget on the -- on the research for alzheimer's. i think that that is absolutely a critical and i congratulate you on that. i j it has to be dramatically higher. and if there is one thing we should just single out and say this has to be spared, it's the nih budget. that just has to go up and up and up, because the national institutes of health are really the national institutes of hope. in alzheimer's there is really going to be a mel katzify that hits this country when all the diseases we've been successful helping to cure lead to people living so long that half our population winds up in retirement with alzheimer's. it's going an absolute disaster, and it's going to cost us a fortune. and the second thing, madam secretary, is in the affordable care act, i was able to include language for an independence at home pilot project. and th
but only $489 million on alzheimer's, even though 15 million baby boomers are going to have it. we have to find a the cure. so madam secretary, i congratulate you and the mission on announcing the addition of $80 million more in this coming year's budget on the -- on the research for alzheimer's. i think that that is absolutely a critical and i congratulate you on that. i j it has to be dramatically higher. and if there is one thing we should just single out and say this has to be spared, it's...
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Mar 15, 2012
03/12
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CSPAN3
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bad shape and only getting worse as medicare and social security begin to absorb all of the baby boomers that are entering into the system. and former white house budget director alice ridlin and senior budget chairman have recently said the budget stabilizes debt over the next decade. and this is speaking about the president's budget. the real problem arises after the costs spiral out of control and the revenues are inadequate to deal with a wave of retiring baby boomers. you said before that congress needs to act now to put our fiscal house in order. so would you agree that in order to do that, congress must address the sustainability and pending insolvency of medicare and social security? >> i noted earlier that the current budgeting procedures focus on the next ten years, but many of the more serious problems incur after ten years, and they do include entitlement and one major category of spending, so i do urge congress not to be artificially constrained but to be thinking even longer term, because the longer in advance you can make changes, the more time there will be more people to
bad shape and only getting worse as medicare and social security begin to absorb all of the baby boomers that are entering into the system. and former white house budget director alice ridlin and senior budget chairman have recently said the budget stabilizes debt over the next decade. and this is speaking about the president's budget. the real problem arises after the costs spiral out of control and the revenues are inadequate to deal with a wave of retiring baby boomers. you said before that...
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Mar 21, 2012
03/12
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CNBC
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about 80 million of them born between 1980 and 1995, and they're rapidly taking over from the baby boomers, and their priorities are simple: they come first. >> i believe that they actually think of themselves like merchandise on ebay. "if you don't want me, mr. employer, i'll go sell myself down the street. i'll probably get more money, i'll definitely get a better experience, and, by the way, they'll adore me. you only like me." [ticking] >> across the country, thousands of perfectly sound and cozy houses are being torn down. the empty lots then get filled up with the likes of this. how has the average house size expanded since you started building houses? >> the 8,000-square-foot house, which used to be the extraordinarily large house, is now a 12,000- or 13,000-square-foot house. >> how many bathrooms in the house? [silence] >> seven. >> you had to count? >> [laughs] yeah. i was thinking five bedrooms, the pool bath, and then the powder bathroom here. >> welcome to 60 minutes on cnbc. i'm lesley stahl. in this edition, we examine the american work force and we discover what stimulates
about 80 million of them born between 1980 and 1995, and they're rapidly taking over from the baby boomers, and their priorities are simple: they come first. >> i believe that they actually think of themselves like merchandise on ebay. "if you don't want me, mr. employer, i'll go sell myself down the street. i'll probably get more money, i'll definitely get a better experience, and, by the way, they'll adore me. you only like me." [ticking] >> across the country, thousands...
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Mar 22, 2012
03/12
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CSPAN3
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>> as you can see from the whole budget discussion, what's driving this are baby boomers beginning to retire. 10,000 new baby boomers every day filing for social security, filing for medicare, americans living longer, accessing medicaid services. it's driving a big hole in the budget. it's why i was so serious about trying to work with the administration. and the president last year. to have a real agreement that would slow this process down and begin to deal with our deficit and our debt. >> mr. speaker -- >> speaker boehner? >> it's understandable why there are difficulties in congress, but there are many things like the jobs will which everyone seemed to -- like the president three weeks ago, the transportation bill used to be an easy thing to do. why are basically simple things so difficult to get done? >> well, i think the jobs bill moved through the house with a broad, bipartisan vote. and i expect the senate will send that bill back and we'll come to an agreement pretty quickly. i think when it comes to things like the highway bill, that used to be very bipartisan. you have to
>> as you can see from the whole budget discussion, what's driving this are baby boomers beginning to retire. 10,000 new baby boomers every day filing for social security, filing for medicare, americans living longer, accessing medicaid services. it's driving a big hole in the budget. it's why i was so serious about trying to work with the administration. and the president last year. to have a real agreement that would slow this process down and begin to deal with our deficit and our...
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the next was we're more urban and the boomers were. and those numbers come from a pew research study a few years back that looked at actually how many of us were living in city centers and then you know about i think it's thirty two percent that live in the city itself and then beyond that there another eighty a total about eighty eight percent of gen-y. want to live want to live in an urban center so if they can't live in the city will live in a nearby suburb where they can walk around and kind of if there's them you're here to take the measure you have to get into the center of this area that's where your office is and so it's beyond even more you know what products we want it's just kind of fundamentally what kind of community do want to be and who want to be somewhere where we can walk where things. to see where the street life. and it seems like yes to the ideals that's important you know i live in d.c. and you know you talk about the you know young professional influx here in d.c. and that's you know most people don't really want
the next was we're more urban and the boomers were. and those numbers come from a pew research study a few years back that looked at actually how many of us were living in city centers and then you know about i think it's thirty two percent that live in the city itself and then beyond that there another eighty a total about eighty eight percent of gen-y. want to live want to live in an urban center so if they can't live in the city will live in a nearby suburb where they can walk around and...
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Mar 5, 2012
03/12
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WJLA
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. >> tech savvy and confident they can the baby boomers in the dust. >> if you do not know what to push. >> she grew up getting awards for everything -- quiet do they feel -- why do they feel entitled? >> the position and title may be a little overreaching. >> companies are hiring consultants to help them handle millennials. one problem is the so-called helicopter parents. >> the parents will call the workplace and say if johnnie does not get certain vacation time -- >> some companies have parents today. if the parents are happy -- to keep parents happy, keep their kids happy. >> no offices just open spaces. >> i do not have a desk to come into. >> there are communal pats on the back for manila annualsmillennial -- for millennials. they are the work force and the leaders of the future. >> it
. >> tech savvy and confident they can the baby boomers in the dust. >> if you do not know what to push. >> she grew up getting awards for everything -- quiet do they feel -- why do they feel entitled? >> the position and title may be a little overreaching. >> companies are hiring consultants to help them handle millennials. one problem is the so-called helicopter parents. >> the parents will call the workplace and say if johnnie does not get certain vacation...
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Mar 31, 2012
03/12
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CSPAN2
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i got to tell you something, as a baby-boomer -- i can say this as a boomer in terms of perspective. the way that we celebrate ourselves and said how wonderful we were, when you think about what is our great legacy going to be? the greatest generation fought and won world war ii. we rebelled against them and snead them and then spent all of cower -- our kids' money. think about that. yes. >> in my first career as a delivery -- delivering newspapers, shoveling snow, cutting lawns, i got my first fulltime job at 14 years old. i've been working every since. that officially makes me a circumstance. >> i hope not. >> but i guess what i'm really concerned about is, being the least bit negative that our side is not going to be successful in the upcoming elections because we have people that are going to spend $100 million on a choo-choo train to -- >> i heard this. >> $100 million on luring a company. where is all this money coming from? and school systems where 50% of the kids don't graduate, how can they not become moochers? they have to become moochers? i have always been an optimistic p
i got to tell you something, as a baby-boomer -- i can say this as a boomer in terms of perspective. the way that we celebrate ourselves and said how wonderful we were, when you think about what is our great legacy going to be? the greatest generation fought and won world war ii. we rebelled against them and snead them and then spent all of cower -- our kids' money. think about that. yes. >> in my first career as a delivery -- delivering newspapers, shoveling snow, cutting lawns, i got my...
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Mar 21, 2012
03/12
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MSNBC
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we had the baby boomer first ladies.lle obama with a close baby boomer and all were working women and raised kids and were in. it seems that i got the chance that with laura bush and president obama, they have to play an old fashioned role. >> one of the lessons from hillary clinton is the country has not cut up with the idea of a first lady being an independent actor in the role of first lady. they want her to be second to the president. fining something to do is uniquely her own and a challenge for each of the first ladies. michelle obama found that role in her healthy eating and exercise. that has been effective, but she was not able to advocate what's on the president's agenda. the country is not there. >> not there yet. >> a political front. she is a more effective fund-raiser. she gets more. was this the case with hillary? the spouse is a better fund-raiser than the vice president? >> i have to look at the numbers with hillary and al gore, but the first lady is a rarer commodity and as we know, it's supply and dema
we had the baby boomer first ladies.lle obama with a close baby boomer and all were working women and raised kids and were in. it seems that i got the chance that with laura bush and president obama, they have to play an old fashioned role. >> one of the lessons from hillary clinton is the country has not cut up with the idea of a first lady being an independent actor in the role of first lady. they want her to be second to the president. fining something to do is uniquely her own and a...
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. >> appeared on 7 live and he demonstrated what it might look like if the now baby boomer monkees got together for another reunion. >> as a soul artist he would go up there and sing those song was pride. he was a monkee's monkee. >> we were close. you know? like family. and this still hasn't struck me. it hasn't. >> and today some youth leaders learned importance of embracing individual yalt from no other than lady gaga. she talked to a crowd at harvard university. 18 were selected from communities across the state to take part in the launch of the born this way foundation. the pop super star once a victim of bullying saying it's the mission to foster a more accepting society. and lady gaga may be house hunting in the bay area. and we shall see. >> number of californians, supporting smerj sat a high. 59% now support it. and results show a jump from 2010 in which only 51% of those supported same-sex marriage. and the number of mosques in america has grown 74% in the last decade. according to the survey. the new numbers, senters serving muslim who's moved into suburbs. and there are now
. >> appeared on 7 live and he demonstrated what it might look like if the now baby boomer monkees got together for another reunion. >> as a soul artist he would go up there and sing those song was pride. he was a monkee's monkee. >> we were close. you know? like family. and this still hasn't struck me. it hasn't. >> and today some youth leaders learned importance of embracing individual yalt from no other than lady gaga. she talked to a crowd at harvard university. 18...
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Mar 10, 2012
03/12
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FOXNEWSW
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the feds blame the rise on internet savvy thieves taking advantage of aging baby boomers. told consumers have lost some $5 billion to scams in just the past three years. catherine herridge with the news. she is live in washington tonight. what are we learning about these crimes, specifically, catherine? >> thanks, shepard. the pattern of fraud breaks down into three categories, tax scams, business opportunities and targeting the elderly, driven by the internet and current economic conditions. vulnerable typically face serious financial problems ranging from underwater mortgages to stock market losses that slashed their 401(k)'s and stalled salaries. >> we focused on resources on what we called last hour frauds. these are frauds aimed at taking the last dollar out of the wallets of people rendered vulnerable by the economic downturn. >> and a lot of these crimes are coming from these overseas boiler rooms where they are paid for every individual that they scam, shep. >> shepard: i guess seniors are the target because they are easy prey. >> that's right. frauding seniors is
the feds blame the rise on internet savvy thieves taking advantage of aging baby boomers. told consumers have lost some $5 billion to scams in just the past three years. catherine herridge with the news. she is live in washington tonight. what are we learning about these crimes, specifically, catherine? >> thanks, shepard. the pattern of fraud breaks down into three categories, tax scams, business opportunities and targeting the elderly, driven by the internet and current economic...
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Mar 1, 2012
03/12
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MSNBCW
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with millions of baby boomers set to be added to the roles and with washington willing and able to raiderity problem is with a massive culture of investment and job creation that creates a surge in economic flows. our next guest says we don't know whether that is going to happen and reform is needed now or future generations will be left with nothing when it comes to social security. sylvester sheber is author of "the predictable surprise." sylvester, why is it predictable? >> well, we have known since the 1920s that if employers don't fund their pension benefits as they are accumulating them, they are going to get into trouble. ultimately, they will go bankrupt because these obligations overwhelm them. we have relearned this time and again. in 1960s we had stooud baker. in the 1980s, we had a number of steel companies. most recently, we have been seeing auto companies and the airlines succumbing to unfunded liabilities. in the case of social security, franklin roosevelt knew in the 1930s if we didn't accumulate some of the contributions and actually lay them aside and invest them in in
with millions of baby boomers set to be added to the roles and with washington willing and able to raiderity problem is with a massive culture of investment and job creation that creates a surge in economic flows. our next guest says we don't know whether that is going to happen and reform is needed now or future generations will be left with nothing when it comes to social security. sylvester sheber is author of "the predictable surprise." sylvester, why is it predictable? >>...
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Mar 31, 2012
03/12
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FOXNEWSW
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they're probably as different from the baby boomers who are their parents are the baby boomers were fromts and grandparents who came through the great depression. >> rick: it might have to do with where these people live. age group tends to live more in urban area where it might not be as crucial to have your own car. >> that's correct. and what's really scary to the auto companies is almost 90% of them want to live in an urban area. they want to walk to work. they want to take mass commutation. the status symbol of the car, the magazine wheels, the bucket seats, that is just not there yet. the status symbol may just be at the apple store. you go and seat lines forming from the new iphone or new ipad. kids walking along. they want white head phones. >> rick: somebody is buying cars. the car industry is doing much better. must be some millenials as we look at these kids with the ipads. patricia powell, missense to see you. >> i appreciate it. >> arthel: if the white ear buds are the thing, the status symbol, put spinners on mine. sorry, guys. moving on, sort of continuing in the economic
they're probably as different from the baby boomers who are their parents are the baby boomers were fromts and grandparents who came through the great depression. >> rick: it might have to do with where these people live. age group tends to live more in urban area where it might not be as crucial to have your own car. >> that's correct. and what's really scary to the auto companies is almost 90% of them want to live in an urban area. they want to walk to work. they want to take mass...
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Mar 26, 2012
03/12
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CNBC
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eight years ago because we felt that the demographic trends were certainly in our favor with baby boomers retiring. and with interest rates low and going lower, as well as management's sitting on more and more cash, because of the improved profit margins sitting on, that there is plenty of ability to corporate america to start paying more dividends. the question is, when the willingness would finally come about. when you take a look at uses of capital of a company, if the cap ex has been moderator, acquisitions are modest and been paid down, the only thing to do with that capital, is to go to dividend or to go to stock buybacks. and buy backs are still in place but dividend is a promise to share holders that they have a good outlook for the future and should over time enhance multiples. >> for sure. but let me ask your take on changes we may see in terms of tax policy. a lot of people saying if president obama allows the bush tax cuts to expire, dividend taxes will triple. how will this impact the dividend strategy? >> if dividend policy is so ownrous that actual tax rates on dividend are
eight years ago because we felt that the demographic trends were certainly in our favor with baby boomers retiring. and with interest rates low and going lower, as well as management's sitting on more and more cash, because of the improved profit margins sitting on, that there is plenty of ability to corporate america to start paying more dividends. the question is, when the willingness would finally come about. when you take a look at uses of capital of a company, if the cap ex has been...
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Mar 1, 2012
03/12
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WBFF
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baby boomers are &pmourning the death f 60's icon, davy joness davy jones perforrance naas nats &pthis is video of his last televised performance... fromm may of 2011.the 66-year-old singer, a member of "the monkeess" died wednesday... of an apparent heart attack. says e thought of jones as a brother... ann that word of his death left him sppechlees. "yeah it's a shock right out of the blle. no onn ever suspected you know, you know what can you say, total shock i'm still just a little bit all."the hollywood chamber of commerce says flowers will be placed on the monkees' star tooay... in his honor. a deeication ceremony is being hhld today... forrthe new herman and walter samuelson children's hospital at sinai. sinai.the 23-thousand square &pfoot facilityyfeatures 26 all -rivate rooos.a ribbon-cutting ceremony is schedulld for 11 a- m.it will take place on the 1st floor main halllay of sinai hospital. d-c is getting ready to celebrate one hundred years with its famous cherry blossom trees.. and eak bloom season is just around the corner. park service is expected to &pannounce later this
baby boomers are &pmourning the death f 60's icon, davy joness davy jones perforrance naas nats &pthis is video of his last televised performance... fromm may of 2011.the 66-year-old singer, a member of "the monkeess" died wednesday... of an apparent heart attack. says e thought of jones as a brother... ann that word of his death left him sppechlees. "yeah it's a shock right out of the blle. no onn ever suspected you know, you know what can you say, total shock i'm still...
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Mar 20, 2012
03/12
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WBAL
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. >> as baby boomers, 7000 a day to an 65, demanding income, playing it -- paying a 2% dividend. >> nearly $100 billion of cash, the company is going to pay a quarterly dividend of 265 per- share . and overall payout of $10 billion a year. they say it is a sign the company is willing to listen to shareholders. there are millions of people who may not realize they stand to benefit indirectly through mutual funds. >> there is a good chance in your mutual-fund that you own, you probably have a decent sized investment in apple indirectly. >> they're known as two of the biggest investors and apple. >> even if you do not on individual stocks, there is a chance you have been rewarded. >> apple said it set a new sales records, and 3 million of its newest ipad since they went on sale on friday. >> now your insta-weather plus forecast with tom tasselmyer. >> some scattered showers and thunderstorms on doppler. these showers and the clouds associated with them are keeping temperatures mild. they are the last showers of winter. a couple of strikes of lightning to the west of us through frederick as th
. >> as baby boomers, 7000 a day to an 65, demanding income, playing it -- paying a 2% dividend. >> nearly $100 billion of cash, the company is going to pay a quarterly dividend of 265 per- share . and overall payout of $10 billion a year. they say it is a sign the company is willing to listen to shareholders. there are millions of people who may not realize they stand to benefit indirectly through mutual funds. >> there is a good chance in your mutual-fund that you own, you...
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Mar 10, 2012
03/12
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CNNW
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there's a new report out from the alzheimers association saying an ageing baby boomer generation will cause that number to rapidly escalate. you could guess that. they say the number of cases will increase from 5.4 million to 16 million by the year 2050. it's devastating. it's a devastating brain disease that erases your ability to remember moments, experiences and people in your life. it destroys nerve cells that allow you to think clearly. it can wipe away your ability to function like walking and swallowing. the news isn't all grim. that's what we want to talk about. what's remarbleable is while there's no cure, we learned some brain changes begin 20 years before symptoms appear. therefore, there are things you can do to slow down the progression. i'm not talking about by months by potentially by years. joining me to talk about this from los angeles, dr. gary small. he's the director of uclas longevity center. good to see you. we have had a chance to talk about this before and you know how fascinated i am with this. you, yourself, spent 20 years researching how to preserve memory a
there's a new report out from the alzheimers association saying an ageing baby boomer generation will cause that number to rapidly escalate. you could guess that. they say the number of cases will increase from 5.4 million to 16 million by the year 2050. it's devastating. it's a devastating brain disease that erases your ability to remember moments, experiences and people in your life. it destroys nerve cells that allow you to think clearly. it can wipe away your ability to function like...
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Mar 31, 2012
03/12
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. >>> score one for the baby boomers. nbc news has learned the colorado rockies are expected to announce today that 49-year-old jamie moyer will be named to the team's starting roster. the left-hander will then take a shot at history, pitching in the first weekend of the baseball season. at 49, if he wins, he'd be the oldest pitcher ever to win a major league game. moyer made his big league debut in 1986 when many of his teammates were not even born. >>> up next here tonight, against all odds. a woman who stood up to dictators and won, now being hailed as a hero. >>> we have a story about a woman who is being compared to nelson mandela, even gandhi for her bravery. tonight, aung san saou kyi, the longtime dissident and leader of the democracy leader in myarmar is poised to become a member of the very government that kept her down for so many years. nbc's ian williams is there. >> this is something few people ever expected to see in myanmar. holding posters that would have landed them in jail just a year ago in support of
. >>> score one for the baby boomers. nbc news has learned the colorado rockies are expected to announce today that 49-year-old jamie moyer will be named to the team's starting roster. the left-hander will then take a shot at history, pitching in the first weekend of the baseball season. at 49, if he wins, he'd be the oldest pitcher ever to win a major league game. moyer made his big league debut in 1986 when many of his teammates were not even born. >>> up next here tonight,...
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Mar 5, 2012
03/12
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the stores are targeting seniors in anticipation of the mass retirement of baby boomers this year. a new one opened in tokyo, targeting middle aged an older consumers. lettering on price tags is three times larger than normal. the shops also offer low salt food dishes in smaller portions. that's because ingesting too much salt can cause higher blood pressure. the shop doubled the amount of floor space in the pet supply department, expecting increase in the number of people keeping pets as their children leave home. it tripled the space for healthcare products. other chains added floor space for apparel and healthcare products for seniors. >>> let's look at the latest figures once again. >> that's the latest in business news. back to catherine. >>> officials have a warning for residents on the pacific coast. they say a tsunami could overwhelm sea walls at half of the major ports if another strong earthquake occurs offshore. scientists conducted simulations for tsunami after the one last march destroyed sea walls at many ports. they estimate the damage following an earthquake in toky
the stores are targeting seniors in anticipation of the mass retirement of baby boomers this year. a new one opened in tokyo, targeting middle aged an older consumers. lettering on price tags is three times larger than normal. the shops also offer low salt food dishes in smaller portions. that's because ingesting too much salt can cause higher blood pressure. the shop doubled the amount of floor space in the pet supply department, expecting increase in the number of people keeping pets as their...
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Mar 21, 2012
03/12
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CSPAN3
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first of all, we have 10,000 baby boomers added to the roles each day. now the medicare budget offices have been ringing the alarm bell about medicare's dwindling finances, and we must act now. we cannot continue to ignore the facts. over 46 million americans right now rely on medicare for their health care. we must protect and preserve medicare for both our current seniors and our future generations. and unfortunately the president's budget proposal failed to address medicare's grim future. now instead what we have on the books now is a 15-member board charged with cutting costs and denying care to our seniors. independent advisory board establishd this the health care law would cut physician payment rates, forcing many doctors to stop seeing medicare patients. and this makes it harder access, not easier and puts them between patients and their doctors. it saves medicare for future generatio generations. but it takes the power away from the government bureaucrats and puts them where it needs to be empowering patients with greater choice. this plan for m
first of all, we have 10,000 baby boomers added to the roles each day. now the medicare budget offices have been ringing the alarm bell about medicare's dwindling finances, and we must act now. we cannot continue to ignore the facts. over 46 million americans right now rely on medicare for their health care. we must protect and preserve medicare for both our current seniors and our future generations. and unfortunately the president's budget proposal failed to address medicare's grim future....
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Mar 23, 2012
03/12
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WETA
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and say like because i had been raised by baby boomers who acted like they had invented all of this stuff. i was like well, lack at all these batenicks in the early 50s and look there is a free love movement. from the 20s and the 30s it is just like this is part of the subversive part of american culture. so i wanted to see quite honestly living in the 80s where so many baby boomers had become so conservative, i was kind of as a young person looking at it and saying i think i feel more like their parents then like them. and identified with that part. and then i thought wouldn't it be amazing to sort of find adults in 1960 when new york was the center of the universe and the center of publishing and you know, business drama, television, fashion, of finance that, the apex of america's culture being accepted abroad and being worshipped. and then sort of see what it would be like to be an adult and go that you and see this change happening in front of you. and then the next thing is you know i didn't know we would do anything beyond the pilot but that is what the tone was. treat them like rea
and say like because i had been raised by baby boomers who acted like they had invented all of this stuff. i was like well, lack at all these batenicks in the early 50s and look there is a free love movement. from the 20s and the 30s it is just like this is part of the subversive part of american culture. so i wanted to see quite honestly living in the 80s where so many baby boomers had become so conservative, i was kind of as a young person looking at it and saying i think i feel more like...
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Mar 5, 2012
03/12
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KPIX
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we happened to come across matt who is walking his dog boomer and you actually felt the quake.re you and how did it feel? >> so my wife and i, we were just starting to wake up, we were in the bedroom, preparing to feed the cat, and we felt the first bump. and then -- so we knew something was going on. and then we stopped but our three cats and dog started to jump on the bed and freak out a little bit. and then a bigger stronger bump came. and then, you know, turned on the radio to make sure we hear what we hear. but there is no damage. it was a big jolt. >> how does this quake compare to the ones you felt before? >> it seemed a little longer and a little stronger. not super huge. but a little more to it. it is pretty significant. >> yes. >> and you said there was minimal damage at house but something. >> we had a little cup fall our bathroom vanity but that was it for excitement. nothing else happened. >> all right. and i know that you are from the midwest originally. >> yes. >> and you actually are very prepared in case an earthquake or the big one actually strikes. tell our v
we happened to come across matt who is walking his dog boomer and you actually felt the quake.re you and how did it feel? >> so my wife and i, we were just starting to wake up, we were in the bedroom, preparing to feed the cat, and we felt the first bump. and then -- so we knew something was going on. and then we stopped but our three cats and dog started to jump on the bed and freak out a little bit. and then a bigger stronger bump came. and then, you know, turned on the radio to make...