kathleen gaffney and constance hunter and mia saini, our markets correspondent, joining us. ladies, thank you. we will be back with more of our brain kindle on the discussions at the fed and the overall economy when this clinician of "bottom line" -- special edition of "bottom line" continues in a moment. >> seriously think that movie is going to work? >> always more about strategy than it is about tactics. >> you left yourself exposed in the middle of the board. >> i can't believe the whole game came down to colorado. >> let's get back to our roundtable on the fed's statement. constance hunter, chief economist of alternative investments at kpmg, and kathleen gaffney, eaton vance vice president. also joining us, our markets correspondent mia saini. former fed chairman alan greenspan is here in new york today and he spoke to the council on foreign relations, saying that quantitative easing has resulted in what he called " an explosion of assets and exclusion of reserve balances." why did the bond buying program have more of an effect on the real economy was the question he po

when she married manard dixon she inherited a 10-year-old stepdaughter, constance. the girl was furious at dorothea from the start. she had lost first her mentally ill, alcoholic mother, and then she had been for a time her father's only love. manard, instead of providing reassurance to his daughter when he married, he immediately turned her over to dorothea and resumed his own pattern of taking long, long trips into the desert to paint. dorothea was flying high with her studio practice and did not want to be stuck at home while manard and his friend's socialized in the restaurant. sot she had her own trouble with this dependent. for whatever reason, she was unable to mother this unhappy rl and they had a terribly terribly angry and violent elationship. then two sons were born. i'm sorry. that comes later but you can watch it now. as with constance, manard turned over the two boys entirely to dorothea and took no responsibility for them. by 1932 when the marriage was beginning to erode and the boys were 7 and 4, dorothea and manard made the first of many decisions t

is the army now changed so it's operating in constance with the spirit of 513? >> i don't want to overstate my knowledge in this area but i believe it has changed with the advent of hipaa and increased awareness of victim privacy interests. my understanding is that it is -- that that is no longer army policy. but i will verify that and provide that information to the panel. i will. >> thank you very much. mr. colonel baker and mr. bartow we very much appreciate your informing the committee of the facts that you have. thanks for your testimony this morning. which is victim privacy in sexual assault cases. >> live now to wisconsin for a

overall, what you saw in that statement was relative constancy in how the head -- how the fed is approachingngs. they remain focused on the data here at home, which is essentially what matters for their mandate of full employment and price ability, and they are not getting to, i think, responsive to market moves up in that, so i thought respect, it does seem a little hawkish, i guess, compared to what we have been expecting to see. i think there is a perception janet yellen will be overly sensitive to minor growth or inflation disappointments, and we saw, i think, instead, what looks like a pretty steady hand yesterday. >> speaking of statements, the fed kept its considerable time guidance language -- they kept that at least on interest rates. why has this phrase been used so repeatedly? what message did it send to the markets? >> this is, as you know, a very hotly debated phrase. even some in the center of the fomc have issues with the perceived promise it may be giving to the markets -- keep rates low for six months or something like that. they had been keeping it in the statement in part

i will be joined by constance hunter and kathleen gaffney.overage of the fed begins at the top of the hour and i will see you then or it at big night for you in san francisco with the giants fans, good luck. >> i knew you're going to mention that. we will know if they won if you are smiling tomorrow. >> thanks so much. . we will see you in just a few minutes and we will be back with more "bloomberg west." you can watch us on bloomberg television, streaming on your phone, your tablet, and bloomberg.com. also apple tv and amazon fire. ♪ >> i am emily chang and this is "bloomberg west." and hp announcement is that their companies has put pressure on other silicon valley companies but could going private be a better option? cory johnson is back with more. companies, the changes they have to make in the public markets are not available to them and they cannot make them quickly enough and have to disappoint shareholders. i set down to see what is going on with bmc who took themselves private. him how the business is different than what we saw last

integrity requires more consistency, what jane austen called constancy, being willing to follow throughr moral convictions, regardless of the cost, regardless of the risk you have to take. most importantly, he was willing to die. anyone in america who tells the truth about the barbarity of white supremacy and its legacy must be willing to die. you have got to recognize, you become a target, not just a fellow citizen with character assassination, but literal assassination. the most dangerous thing in black rage to take the form of love and justice among everyday people, among the black masses, that then invite human beings of integrity. that is a major threat to the system, why our young black people are being so targeted with the educational system, incarceration. we have called for mass incarceration. one of the reasons why you see this massive unemployment and no serious attention to it, the level of genocidal attack on our precious young people is really beyond the language. >> some have talked about the killing of michael brown as a modern-day lynching. can you talk about ida b well

this is haven constance martinez no less from san francisco. all smiles. big smiles tonight. too.iants just win. check this giants fan. the raising thousands of dollars for local charity and die hard orange black fachbility e-mail the photo to this web site. or tweet them to us at 7 news bay area and again just seconds ago giants win the series on their way to the national league championship series. >> larry has all the highlights coming up in sports. >> now to the story of generous police officer and mother who says he went above and beyond to help her family in west michigan. take a look for the picture of alexis shakes the hand of the public safety officer ben haul hall. hall pulled him over because her 5-year-old daughter wasn't in a car seat. instead of ticketing her he had her meat him at near by store whether he bought them a booster seat. >> ticket doesn't solve the situation. what solves it is the child income a booster seat like she should bees easiest 50 declares ever spent. >> i'm really almost at a loss for word because he didn't have to did that. >> she had fallen o

. >> reporter: city officials shot down the idea but councilman pete constance said it will have to be revisited in the future. >> for our airport we need to decide whether our curfew needs to be modified potentially so that we can not only take advantage of cargo flights but also red eye flights that go to the east coast or flights that depart for overseas. those are areas where we haven't been able to have those flights. >> reporter: the city says it has filed to waive the proposal for now. we did not hear back from the nfl commissioner's office to see if it plans to take any action. >>> graduating and then leaving for other jobs. san jose's mayor chuck reed wants to know if the police union is behind a rash of academy graduates quitting and finding jobs elsewhere. he filed a formal request for interest investigation today. this comes after a former cadet talked to nbc bay area yesterday about the controversy. that cadet said the police union told him and other cadets to get trained at the san jose police academy and then leave. >> clearly the academy numbers are down and we've had a

many women lawyers i've talked to think about a judge -- my couch, my wife's mother's name is constanceegal defense fund lawyer. went on to be the first borough president of manhattan. she was an assemblywoman in new york and later became an a federal judge. this was an extraordinary woman. examples of women like that made it seem like, of course, of course you can do this thing. of course you can become a lawyer. >> appeal to what they thought was a conscience in this country and found that that conscience couldn't be appealed to, it wasn't responsive. that the whole movement, in fact, i think tried to appeal to that conscience and got no response. >> i came out of the activist wing of the civil rights movement, the student coordinating committee which was founded really to separate young people from older people, even though the naacp had many, many youth chapters. we wanted the organization all our own. >> that impetus of young people remains. so, i've been very supportive of and very encouraged by the youth groups that have emerged. >> the dream defenders. >> the dream defenders is

. >> my name is constance freeman, and i work with the community outreach program. i work with a lot of the children after the o.r.r. process. so i see them months, sometimes years, after they've been released from the shelters. and i'm concerned, one about how many of the 14 to 15-year-olds specifically that are not enrolled in school. and i want to know, how can we get that collaboration with the agencies to make sure that they are staying in school? because i don't have a problem with accepting children and making sure they're in school, but if they're 14 years old and they're out, i'm not sure that we're not putting them at risk, that they're run ago way from. and then also, i have a follow-up question for the ambassador from el salvador. i was amazed at how many children in those three countries are not in school. and i noticed in one of the south american countries, kids get, like, 80 or something to go to school, and if they get good grades, they get 100 bolivianos. i was wondering if those three countries could use funds from the multinational companies to f

is the army now changed so it's operating in constance with the spirit of 513? >> i don't want to overstate my knowledge in this area, but i believe it has changed with the advent of hipaa and increased awareness of victim privacy interests. my understanding is that that is no longer army policy. but i will verify that and provide that information to the panel. i will. >> thank you very much. mr. colonel baker and mr. bartow, we very much appreciate your informing the committee of the facts that you have. thanks for your testimony this morning. okay. we'll go to our next panel. >> hi, everybody. for the first time in six years, the unemployment rate is below 6%. our businesses have had the longest uninterrupted job creation streak in history. but the typical family has not seen a raise since the 1990's. folks are feeling as squeezed as ever. that is why i will keep pushing for policies that will create jobs faster and raise wages faster. rebuilding infrastructure, making sure women are paid fairly, and making it easier for young people to pay off student loans.

to answer your question, i believe that, yes, if they -- if pakistan senses constancy, a continued commitment on the part of the united states, not just militarily, but economically, that we're there for the long term, and we are, and i hope we are, that that will are affect their calculous. i think that's true. that will affect their calculous. and if they think that, yes, 2016 is now what is the goal, that's now what is set. but, as dempsey said and as campbell said, that if circumstances are such at the end of 2016, that that's got to be reconsidered, that they would recommend -- because it's only a recommendation, whoever the president is, from 2000 -- end of 2016, i guess, it would be 2017 when to make the decision. as to whether or not follow a recommendation by our commander or chairman of the joint chiefs of staff to continue some military presence. so that possibility is real, as far as i'm concerned, it's real. even though it's not now, the plan. >> we have time, unfortunate lir, for just two more questions. >> thank you very much for your service. you started your talk with we don'

to answer your question, i if they -- ifyes, constancy, aes the part commitment on of the united states, not just militarily, but economically, that we're there for the long-term, and we are and i hope we are, that that will affect calculus. i think that's true. and if they think that, yes, 2016 is now what is the goal -- is set, but as dempsey said and as campbell that if circumstances are end of 2016, that they would reconsider, that they would recommend -- because it's only a recommendation, whoever the president is at the end of 2016 -- would make the decision a to whether or not to follow recommendation by our commander or by a chairman of the joint somes of staff to continue military presence beyond the end of 2016. of given the fact that both those leaders, military leaders, would of course make a recommendation to continue some military presence, circumstances are such, that aat leads them to make recommendation, that they're going to do that, because that's their duty. so that possibility is real, as far as i'm concerned. real, even though it's not now the plan. or the hope. >>

to answer your question, i believe that, yes, if they -- if pakistan senses constancy, a continued commitment on the part of the united states, not just militarily, but economically, that we're there for the long-term, and we are and i hope we are, that that will affect their calculus. i think that's true. and if they think that, yes, 2016 is now what is the goal -- that's not what is set, but as dempsey said and as campbell said, that if circumstances are such at the end of 2016, that they would reconsider, that they would recommend -- because it's only a recommendation, whoever the president is at the end of 2016 would make the decision as to whether or not to follow a recommendation by our commander or by a chairman of the joint chiefs of staff to continue some military presence beyond the end of 2016. but given the fact that both of those leaders, military leaders, have said they would of course make a recommendation to continue some military presence, if circumstances are such, that that leads them to make a recommendation, that they're going to do that, because that's their duty. so tha

your question, i they sense, yes, if sensesme, if pakistan constancy, a continued commitment on the part of the justd states, not militarily, but economically, the longe there, for term, and we are, and i hope we affect theirt will calculus, i think that's true. calculus,fect their and if they think that yes, 2016 is now what is the goal, that's set, but as dempsey said, that campbell if circumstances are such at the got to2016 that that's be reconsidered, that they would recommend, because it's only a themmendation, who ever and 2016 is, in 2000 guess, will be 2017, would make the decision, as to whether or the to follow a recommendation by our commander the jointirman of chiefs of staff to continue some military presence beyond the end of 2016. but given the fact that both of those leaders, military leaders said they would of course make a recommendation to military presence, thatrcumstances are such that leads them to make a recommendation, that they're going to do that, because that's duty. real.t possibility is as far as i'm concerned it's real. even though it's not now the plan. or

sex outside of procreation, constance szczecin, abortion. what most people agree on, which is critical, is that they would rather their family retained that decision in conjunction with their own faith and dr. rather than people telling their families what to do. our phone minds are open. i'll in with your comments or questions. charles, a republican in tennessee. nice to hear from you, c-span. the republicans, we do not really care. i mean, i do not understand. let women call in if they have not been able to get an abortion. are there children that were supposed to be aborted? some of them have to travel forward miles round-trip just to get basic health care and access to abortion services. ist we have seen in texas that 7% of women will attempt to self abort. then underscores a point that we whenby global data, abortion is illegal or difficult to access, the number of abortions don't go down, the number of injuries to women and death due to go up. we are on the precipice of that in our country. we see more restrictions on abortion says the

is the army now changed so it's operating in constance with the spirit of 513? >> i don't want to overstate my knowledge in this area, but i believe it has changed with the advent of hipaa and increased awareness of victim privacy interests. my understanding is that that is no longer army policy. but i will verify that and provide that information to the panel. i will. >> thank you very much. mr. colonel baker and mr. bartow, we very much appreciate your informing the committee of the facts that you have. thanks for your testimony this morning. okay. we'll go to our next panel. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2014] in his weekly address, president obama addresses the benefits of raising that minimum ways. scott brown talk about threats to the u.s. national security. >> hi, everybody. for the first time in six years, the unemployment rate is below 6%. our businesses have had the longest uninterrupted job creation streak in history. but the typical family has not seen a raise since the 1990

sex outside of procreation, constance szczecin, abortion.hat most people agree on, which is critical, is that they would rather their family retained that decision in conjunction with their own faith and dr. rather than people telling their families what to do. our phone minds are open. i'll in with your comments or questions. charles, a republican in tennessee. nice to hear from you, c-span. the republicans, we do not really care. i mean, i do not understand. let women call in if they have not been able to get an abortion. are there children that were supposed to be aborted? that women had to take care of them? access is a very big problem right now. home state of texas has seen almost all of the clinics close with legislation that came to the statehouse in the court decision last week. we are seeing women all over the being prevented from easy access to abortion. some of them have to travel 400 miles round-trip just to get basic health care and access to abortion services. have seen in texas is that means 7% of women who need abortion -- t