. >> that has to do with cea. the amount of money they have in reserves is based on a 20-year return cycle. they haven't had 20 years >> our buildings are 80 or 90 areas old. our agents said, we will merely pay you $120 per square foot. if that should fall down, we won't be able to pay out every client. it doesn't make sense. that's why we choose not to purchase >> there are a lot of things that come into play with that. when you pay a premium, you are paying into a reserve. so the cea builds up a reserve. they can't build up the reserve otherwise. that's how their building it. the national flood insurance is a public pool. the same thing is true there. they didn't have enough in their reserves to pay out the returns. congress had to pass legislation to authorize the replenishment. that's how these pools are set up. government is involved in how the additional funding comes. i am not specific with how it works in california. part of the reason states are putting this up as opposed to a company that does this. >> s

cea joyous occasion. thank you, from the bottom of my heart.lling me how excited they were to do an inauguration last year. but it was just for that local mayor of san francisco. and now -- i thought maybe when they were great, when they were old and you guys had kids and grandkids, you would talk about that inauguration you had at city hall. that's all going to be forgotten now. i'm not even an asterisk. we're here because we're proud. we're here because we're proud. [applause] by the way a lot of folks are here because they're proud. it gives me tremendous pride as a san franciscan first and foremost, as mayor of this city, that our san francisco girls chorus and our san francisco boys chorus have been picked for this historic event. it is an extraordinary privilege that we collectively are being afforded. but all of these young men and women in the back are being afforded. and to all of families and friends, i know that this is something you will never forget. as a san franciscan to see san francisco speaker nancy pelosi up there with senior

. >>> quÉ tal, jose en efecto el departamento de seguridad de texas y ajeno ceas de seguridad alertans unidos emitiÓ un comunicado diciendo que esta alerta no se basa en informaciÓn objetiva. >>> mÁs de 300 prisioneros sacados de cars lezzo de baja y mediana seguridad en chihuahua y ciudad juÁrez para llevarlos a otras de marca seguridad, se encontrÓ droga, dinero armas y granadas escondida bajo tierra. >>> josÉ. >>> raÚl torres, desde la capital mexicana gracias por cierto el vicepresidente de estados unidos joe biden saliÓ de mÉxico para drew mejore si a honduras se reuniÓ con el presidente de ese paÍs y otros presidente de la re yoin que conforman el sistema de acciÓn centro americana dejÓ claro su compromiso con honduras a sÓlo tres semanas de la visita del papa benedicto xvi a cuba se anuncia que fÉlix varela se podrÍa convertir en venerable. >>> tenemos un pequeÑo problema tÉcnico pero les cuento que el vato que kahn hizo el anuncio que en la ve sita del papa benedicto harÍan este anuncio un primer paso para lo que muchos esperan serÁ la santificaciÓn del padre fÉlix varela con

cea joyous occasion. thank you, from the bottom of my heart.

cea joyous occasion. thank you, from the bottom of my heart.çç[cheçççç zçthank you,vç ççmayor brow. ççç[applause] çç >> want to thank you all for coming out on this beautiful san francisco winter day. we are delighted to be here in chinatown. thank you to all of you who came out. there's going to be some noise during this event. this is a very busy street. that's one of the reasons we are doing this project. we are here today -- i am transportation director with the sfmta. thank you, boss. we're geared today to mark yet another important milestone and the steady, continued progress that we are making for the future generations of san francisco in this critically important project criticallyphase 2 of the light rail, otherwise known as the central subway. it is a project that is very important for building capacity, to move san francisco in the future. it also has benefits for current generations of san franciscans. the benefit comes in the form of jobs. you cannot mention the word jobs these days without thinking of our great mayo

cea joyous occasion. thank you, from the bottom of my heart.ncisco's love affair with food. there are at least 18 farmers markets in san francisco alone, providing fresh and affordable to year-round. this is a great resource that does not break the bank. to show just how easy it can be to do just that, we have come up with something called the farmers' market challenge. we find someone who loves to cook, give them $20, and challenge them to create a delicious meal from ingredients found right here in the farmer's market. who did we find for today's challenge? >> today with regard to made a pot greater thanchapino. >> you only have $20 to spend. >> i know peter it is going to be tough, but i think i can do it. it is a san francisco classic. we are celebrating bay area food. we have nice beautiful plum tomatoes here. we have some beautiful fresh fish here. it will come together beautifully. >> many to cut out all this talk, and let's go shop. yeah. ♪ >> what makes your dish unique? >> i like it spicy and smoky. i will take fresh italian tomatoes

cea joyous occasion. thank you, from the bottom of my heart.orest... one deep, dancing ocean... one mountain calling... one handful of sand through our fingers... one endless sky overhead... and one simple way to care for it all. please visit earthshare.org and learn how the world's leading environmental groups are working together under one name. earth share. one environment... >> good morning, everyone. i am the executive director of the bay area. we do not get a turnaround you get. and is our honor and privilege to host you, mr. mayor, city college of san francisco, a leading companies in san francisco, and fellow community organizations. we open your bay area three years ago this past tuesday and will come to our class of 80 students. we are trying to solve two problems of the same time. the first is that companies are struggling to find talent, particularly in the field of technology. at the same time, there are thousands of talented young adults in the city and more than 5 million across the country looking for the opportunity to build a

for these reasons i'm delighted to carry on the tradition of having the cea chairman participate in the meetings. this is my second speech at nabe. some of you may recall in the fall of 2009 when was assistant secretary of technology at the treasury department, i spoke at the nabe meeting in st. louis about the need for better data to help us monitor trends in the economy, to help us make better business decisions and to help us to guide economic policy. this was a theme in this year's economic report of the president as well. each chapter contained a box, we called it a data lodge box, on our statistical indicators, how they have improved, where we need to improve them and steps that the government and the private sector can take to improve our economic indicators. in some respects, the situation has improved since 2009 when i last spoke at nabe and in others we've learned that it was worse than we thought. let me highlight an important example where the data were less accurate than we appreciated at the time. back when i spoke to nabe in october 2009, the latest estimate was that gdp

first off, thank you for continuing the tradition of the cea breakfast at nabe. really appreciated and second really appreciate the interaction between policymakers and economic chairs. we do to a policy survey and our membership by extremely large majority thinks that the fiscal deficit is one of the biggest problems facing the united states and as we advise our business is that we work with, i think most of us are concerned over the long term as the fiscal deficit so what are your thoughts on bowles-simpson group of six and future attempts at addressing this very large problem? >> i think there is no question that the fiscal situation is a large challenge to the united states. a think we need to do two things at once. we need to strengthen and sustain the recovery and we need to address our long-run deficit problem. we have a window where we can do both. i think the president has made clear his attention to use a balanced approach to addressing our fiscal situation. he wants to have a balance between additional revenues and spending cuts. he wants the solutions

cea joyous occasion. thank you, from the bottom of my heart. zçthank you,vç ççmayor brow. ççç[applause] çç >> good afternoon. i'm with the department of building inspection. we are approaching the sixth year of our brown bag lunch series here at the department of building inspection where we talk about topics related to construction in san francisco. we invite you to join us on the third thursday of every month here at the building department. we have an exciting lineup of shows this year. and one of them, today, is going to be really exciting because we have a terrific guest today. mr. woody labounty. >> thank you. >> woody is the founder of the outside lands? >> the western neighborhoods project. we'll talk more about that. >> excellent. and the author of a recently published book, which i have a copy of and it's really fascinating and wonderful. he's going to talk about "carville by the sea" today. we'll look at slides. he'll tell us about the history of the outerlands, previously uninhabitable area of the city. we will invite your

to the ime we get mornining, of the some clearing skies and cea nic fternoon and mild afternoonon. coming througugh. heavier rain and activitity tornadadic still well down to the south, threat is starting to expirere. d let's ow you what it looooke radar. n doppr shower activity e west of the washington area. story for the hours. no flood watches. expired.ose have partly ain a and fog, o ny and windy today, 57 3. cooleler day. mostly to partly sunny o there. temperatures nexext couple of f adays. get to the titime we mid one woman, one powerful savings tool, one chance to hunt down the right insurance at the right price. the "name your price" tool, only from progressive. ready, aim, save! grrr! ooh, i forgot my porne! the "name your price" tool. now available on your phone. get a free quote today. >>> you're looking at scenes of utter destruction. that is the aftermath of a violent storm that tore through ten states. dozens are dead after the worst march storm in history. there are heart-tugging stories of survival. greg lost everything, but he did find his dog, cocoa, safe and sou

he came back at his current position as the chair of cea. confirmed by the senate in 2011.he and his wife have two children. they are students at princeton university. i am told he is an avid tennis player and fan. back in the deepest darkest days of 2009 when the economy was in free fall, he encouraged some of his colleagues including mr. timothy geithner and sommers to get out on the court often to try to bring some of the tension. it is a deep honor to introduce our speaker dr. alan krueger. [applause] >> and thank you very much for that kind and detailed introduction. kind of a walk down memory lane for me. i forgot, livingston high school, in the class ahead of me was a jason alexander, who starred in seinfeld among other things. on the class on the other side of me was chris christie, now a governor. i -- when it comes to tennis, i tried to succeed in getting my colleagues to play. it was nice to take tennis bracelet those who work with and do something athletic. i want to begin by commenting on the importance of business economists who work in the policy arena. compa

first off, thank you for continuing the tradition of the cea breakfast. really appreciate it. second off. really appreciate the point that the interaction between policy- makers and business is important. we do do a policy survey, and our membership, but extremely large majority, thinks that the fiscal deficit is one of the biggest problems facing the united states. as we advise our businesses that work with, i think most of us, our biggest concern over the long term is the fiscal deficit. what are your thoughts on balsam since -- bowles-simpsons, group of six, and other attempts at addressing this large problem? >> there is no question that the fiscal situation is a large challenge for the united states. we need to strengthen and sustain the recovery, and we need to address our long run deficit problem. we have a window where we can do both. i think the president has made clear his intention to use a balanced approach to addressing our fiscal situation. he wants to have a balance between raising additional revenues and spending cuts. he wants the solutions to the deficit to b