move the organization forward, so it gives me great pleasure to introduce to you soon current -- sue curren. [applause] >> thank you, dr. katz and mayor newsom, and thank you all of you for helping us come out to celebrate this momentous occasion. we were founded to respond to the public health crisis of tuberculosis that was going on at the time, and we are still here. we have been here for aids, and we will be here for the swine flu, and we will be here forever next crisis that comes along. we are really grateful to the city and residents who supported the hospital and recognized its value to the community. you showed us that by passing proposition a ways and that 84% record. we are really committed to living up to the state that you have put in all of us. san francisco general hospital has touched many lives, and we heard that throughout the campaign as we went around and talked to people. we have heard many stories about how they were connected or have someone that they knew that they cared about was connected to the hospital. i am one of those people. my first encounter with san franci

the public thinks that the recession that we are in and a jobless recovery is george bush's fault curren. obama cannot sell this as long as there is 9.5% unemployment. >> charles, you save the troubled publicans -- you say the republicans underestimate this president. >> this is historic. it is presidency ended today, he would be remembered as a very important president. i believe he is putting us on the road to national health care. that is an amazing achievement% the problem is, does not that he is not selling well, it is that people do not want to buy it. health care was not number 1. it was in 2008 or 2007 with 10% unemployment it was not high on list and people were unhappy with obama spending a year-and- a-half on this in the middle of the recession. it was not that he can't sell it, it's not stuff that people were looking for. >> it was not either/or that you can only do one thing at a time. what could have happened to stimulate the economy to get one more job with health care have not been done? >> health care is impeding and the financial reform which are historic achievements a

they will position the vessels where they minimize the impact best curren.at equipment i mentioned will be finished with pulling out their equipment and the people in charge of the vessels will position them in the safest place. we are hopeful and as the bands on conditions out there that we can make a couple of seismic runs and continued to gather information that will help us better inform the well integrity that has been going on. because of the success we have had, we have agreed to leave the cap on which we hope will reduce the chance we will have oil being put in the environment while the storm passes. as far as the conditions there, we will remain on scene with the seismic vessels and rov vessels. they need time to be they disarm and my guess is that that would be sometime later today. i cannot give you an exact time because it is based on conditions. >> in the worst case, you would lose vision on the cap for it. 48 hours? >> that is the information right now. >> then when the vessels return, it would be another 48 hours until you can resume work on a

we have learned a harsh lesson about the dire consequences of financial -- the curren crisis has been lost jobs, lost homes, lost wealth, and lost businesses. those charged with overseeing the financial system must have this in mind. from 1994 through 1997, i was a member of the federal reserve board. i have gained experience in every one of the federal reserve areas of responsibility, including monetary policy, banking supervision and regulation, consumer and community affairs, and the operation payment system. we strive to carry out the mission that congress has assigned as. over the next few years, the fed must craft a policy that ensures our economy, if so its promise long the recovery path that it has begun to trace. with unemployment still painfully high, job creation must be a high priority of monetary policy. we must also avoid any threat to price stability. that means that, when the appropriate time comes, we must monetary dictionary polic policy now in place. my challenge will be to bring a thoughtful and pleasant voice to the deliberations on monetary policy, drawing on the