. >> unless the department of revenue makes some changes, we'll be out of marijuana in the next ten days. >> reporter: adding to the green rush, tourists from all walks of life. >> many professionals and many doctors -- many wealthy people. >> reporter: and the industry is growing elsewhere, washington state plans to allow recreational pot sales by this summer. alaska may vote on it later this year. and by 2016 we could see ballot measures in oregon, california, maine and massachusetts. >> this is going to be one of the great social experiments of this century. >> reporter: critics say the budding business is marketing to young people, and while the government is letting states make their own rules, pot is technically illegal under federal law. marijuana users in colorado can still be fired for failing a drug test. >> employers do hold all the cards now. if businesses want to discipline people harshly for their off-duty marijuana use, they can. >> reporter: but that's not deterring buyers. >> this is what we consider to be a perpetual harvest. >> reporter: a social experiment in high dem

barbara broll is executive director of the colorado department of revenue. s now from denver. there's been a lot of money m e made, but will the cost of regulating it also be so pricey that you have to have these kinds of taxes on the sale of marijuana? can you hear me okay? barbara? >> yes, i can. >> are you there? >> hi. fredricka. >> i'm wondering, my first question, if you can hear me now, since so much money is being made on the state level, municipality level, is it a feeling that you had to engage with these kinds of taxes because regulating the pot sales, legal pot sales, is also going to be costly? >> absolutely, fredricka. thank you for having me on. the reason that the tax revenue is so important is not only because we need to ensure that we can fund a very robust regulatory system, but because we need to also address all of the social attendant costs that also address the industry. we need to make sure we're doing the right education to children, that we're doing the right education to parents and to educators. and so, as a result, there are some

cover the costs of them forcing the regulatory system in and finding that that section of the department of revenue and then their standard state and local sales taxes and any other local taxes i might apply so for example in colorado you're sexually paying about twenty percent at the register and the state has projected we will generate about seventy million dollars annually in the first year based on the sales that's in tax revenue loan we expect to see about four hundred million dollars in retail sales about six hundred or seven hundred million dollars overall including wholesale sales so it's going to be a big market and it's going to generate a whole lot of a lot of revenue now i do you have any idea how much of the cost savings there will be once. the metal in force meant is no longer a requirement so that's another huge economic piece of the puzzle here the criminal and the enforcement on the criminal side is no longer required to some degree so what are the cost savings there according the karo center on law and policy which didn't analysis tryer to this initiative passing about twelve mill

>> under the city law, once a revenue is more than 70 days old, we refer it to the department of the revenue and they pursue this in court and what i will do is for example chris jackson was making payments for a while and then stopped and so that was referred over to those folks. the bdr can get a judgment in court but it is tough to enforce. >> any other questions or comments? >> thank you. >> public comment? >> public comment on the executive director's report? >> hearing none, we move on to items for future meetings, which we touched upon earlier in the meeting. commissioner keane do you want to propose something? >> what i would like to do is i would want to give a thought and madam chair and maybe put something in writing and transmit it to mr. st. croix, and would that be the way to do it? >> and then, it could be calendared for our next meeting, or there are a couple of procedural changes that i would like to suggest. but i don't want to just come out with something off of the top of my head. >> okay. any other commissioners? >> items for future meetings? >> okay. any public c

. >> unless the department of revenue, marijuana enforcement division makes some changes, we will p beuana in the next ten days. >> reporter: recreational pot is clear clearly a growing industry, and washington plans to allow it by the summer, and alaska might vote on it later in the years, and by 2016, it could be in the ballot in oregon, maine, california and massachusetts. >> and we see it is going to level out in a few months as the demand lowers or at least steadies. >> right now at 5:00 tonight, fog and flooding and the winter weather roller coaster is not done with us yet. >> and a data breach with 70 million more people affected a whand you need to know coming up. >>> and we are learning about a flu outbreak of people who are young and middle aged and otherwise healthy are dying. >>> first tonight, get ready for the real soaker, folks. heavy rain is coming in. >> and after the icy roads this morning, we are on the weather watch again. doug kammerer is here and tells us what to expect in the next 24 hours. >> we have seen an active pattern and that is going to continue not only

i painstakingly worked with the washington state department of revenue what a one star looks like, matched up series of restaurants with their sales on quarter by quarter basis. one star equalses 5% of increase in sales for independent restaurants. since that study come out it is become increasingly clear this is important source of reputation for small business owners. unfortunately one of the big challenges facing the review industry is how to know whether reviews are credible? recent study, the one i coauthored what we had done look through the yelp reviews to get deeper and try to understand what's real, what's not and what is yelp doing about it. what yelp has in place and what is picked up in the reviews not currently recommended, is that, they have an algorithm behind the scenes where statistically say, well, this review doesn't seem like it is authentic. we were pretty shocked by the initial results when we looked at this. when we pulled reviews labeled as fillerred or not recommended or fraudulent, we saw in our sample of restaurants, roughly 20% of reviews were actually pulled of

. >> unless the department of revenue makes some changes, we'll be out of marijuana in the next ten dayside a certain amount, but that supply is dwindling fast. many stores now say they will need to ration their product. experts say that we could see the legalization of recreational marijuana on the ballot in california as soon as 2016. >>> and we are counting down, of course, the big game today and we are now about two and a half hours away from kickoff in north carolina, as the 49ers look to beat the panthers and play in their third straight nfc championship game next week. meanwhile, 49ers fans are focused on today. and today they say their shared luck and shared with us their good luck rituals at mon han's bar in san francisco's marina district. >> i really plan on wearing my really large sweats that have pockets that are meant for my boyfriend so they fit him better than i do and then eating a lot. >> we're going to go to the pub right across from the old stadium and watch the game there. remember, the game is early in the morning. where is everyone going to go? this should be a fun

this is an image of folsom park the department secured through impact fee revenue. we'll also be making improvements to a few of the parks listed. south park is moving forward and we'll continue to move to final i finalize the list and new park. balboa park is a unique plan because there isn't a lot of fee revenue projected but a very ambitious transportation open space plan. the department will be starting an ocean avenue planning process this year. we've also seen lee avenue completed and the loop is create and the plaza is under construction. mta is leaving a lot of this work to make sure this is implementation. the vegetation valley is an area where not a lot is done, street scape that would connect the commercial corridor approved to the connection park. this is part of our green connections project as well. sort of a summary of where we are, i think this is a good platform where our team's work might go in the next year. this shows on a 10-year basis how much infrastructure we might need to complete in each area versus how much revenue we have generated. rincon

the department of revenue is not putting out an official number from the state. s of hundreds of millions of dollar. it's anybody's guess honestly honestly at this point. that would raise a lot more money because it's on the shelf price that the consumer is paying >> medicinal pot dispensaries, i hear they're a little nervous their their supply may dry up because private enterprise will be more ruk lucrative for the wholesale pot sellers. are there limits how much a shop can charge for pot so they're not so out of line, these two different entities? >> there aren't limits what they can charge. it's a private business. we've seen some raise their rates since the opening day when they had these big crowds because there's so much demand and so little supply. that's had an effect on the price. they're trying to keep a balance on that because they want people to understand this is going to be an affordable product from a business standpoint going forward. that being said, they were only allowed to basically do a one-time conversion of their medical supply of pot over t

an annual c pi interest and the rent will be paid of each of the following revenue streams. the department will receive 90 percent of the admission receipts and 10 percent of audit tours and 50 percent of telescopic viewers and 10 percent of the gross receipts. we will be marking a capital improvement of $75,000 to the tower. they'll bring their oppose equipment to operate the concession. as i mentioned coit tower will be responsible for admitting the elevators and lastly, the telescopic viewing misunderstand and the tours we'll have more information. this is the first time we're implementing this program and we'll have people who are professional and they'll act as greeters to the public and to inform the public will the mural guidelines which have been established to protect the murals. i'm sure you're aware of those mourlz are perhaps they're relatively close to the public so it's important we inform the public about the steps to protect them like not allowing informed and beverage in the memorial rooms and wearing backpacks and those are guidelines with the assistants of the arts commi

thoughts plus with an annual c pi interest and the rent will be paid of each of the following revenue streams. the department will receive 90 percent of the admission receipts and 10 percent of audit tours and 50 percent of telescopic viewers and 10 percent of the gross receipts. we will be marking a capital improvement of $75,000 to the tower. they'll bring their oppose equipment to operate the concession. as i mentioned coit tower will

for next week you will be seeing a memo giving you an outline of a current status of this department's budget and revenues and expenditures and into mid-january we will start meeting with you in the start preservation commission on the work plan and upcoming budget items and we look forward to having that discussion with you in the next few weeks. thank you. >> item 9, review of past weeks events at the board of supervisors, supervisor appeals. >> there is none for consideration. >> i'm here to give you your weekly report. on monday there were a few items at the land use committee of interest. they introduced two ordinance by avalos, the first demolition and the second in non-conforming units. they considered both of these files three times since july. the recommendations following to the board included following two items. a 10-year prohibition and those should apply with no fought evictions on or after october 24th. second you recommended the ordinance consider move in evictions and no fault evictions different than ellis act evictions. avalos made several amendments and additional which were not finali

card platform the city would take care of the fees but their sending it out to the various department so each department has to pay the fees. we do quite a bit of revenue it equals $50,000 a month it's a large hit for us. you'll see an increase of $600,000 for the year and it's to cover the cost of accepting credit cards in our building >> from a business point of view i know when businesses do volume can we negotiate a better fee. >> the city has negotiated it because they do a lot of credit card volume. my understanding is dbi has the highest volume of credit card in the city. we probably have the largest fee charged but it's negotiated citywide >> which department does that. >> the treasurer tax clerk. the 6 hundred thoughts would be for the whole fees. we collect fees from other departments so i've had a brief discussion with planning they need to pay a portion of the fees we collect for planning but since the fee is so new since at the end of the september but as we move through the budget process they may pay a portion but since i don't know what it is i've put the whole thing in dbi's budget. there's a small increase in training not huge to help

the transfer would occur from the real estate department to the mayor's office of housing community development. the revenues which will continue to accrue as for such time which we'll talk about this precursor to. those revenues will continue to accrue to the mayor's on housing and community development and will offset some transaction cost which we have anticipated shortly. i want to refer now to the budget analyst report and recommendations of one of which was that we provide you an update an action taken boo i the school district last even. that we unanimously approved the subsequent transaction that this teams up between the school district and affordable housing object two sites, 1950 mission and connecticut in exchange for this project. that's the reason for the original transfer to execute the next agreement. that next agreement will come back to this body and board of supervisors for approval. one of the recommendations was regarding amending the legislation to have a contingency. we would respectfully suggest given the item with respect to the next transaction. we'll return to the board. it falls u

precious metals and retrieve of oils of dollars revenue frozen overseas as part of the agreement. , i more on those movements miller, a aaron david former u.s. state department official who is now at the woodrow wilson center. now iran isn't going to be at the talks, is it like hamlet without the prince? >> the iranians had tremendous power and leverage, if they were prepared to use it. this was a potential train wreck for what is going to be not but aarily a train wreck, key to an empty room. it is almost inconceivable to me that geneva could produce certainly anything on the political side. perhaps it will lead to a researching humanitarian effort. maybe some local cease-fires, prisoner exchanges. thenitarian corridor's on ground. to of that would be hostage things on the ground. middle east peace conferences are good for one of two things, either beginning a credible orcess that is sustainable, alternatively, concluding one. is this one going to do either? >> it falls in the middle. again, the options are really bleak. civil wars and when one side or the other tramps, or alternatively, a third party tips the balance in favor of one or the other. unfortuna

the state department says more than 40,000 jobs. creates hundreds of millions in revenue and you can tell the middle east to take a hike, we've got our own energy right here. >> i'm all for american energy, i'm all for solar, wind, i'm all for us figuring out cleaner burning ways to dond a this president supports -- >> let's do it all. let's not hold a project like keystone, five years? >> it's the biggest boone dogle. you think a company called trans-canada is going to make -- >> administration has tied it up in regulatory burden. >> i better jump in here. let me tell you why it was bipartisan. first of all, my little state of west virginia, we think we ought to buy from our friends instead of our enemies. >> nothing wrong with that. >> that's why canada is the best trading partner, our best ally. that oil will go somewhere -- >> according to transcanada that's somewhere in china. >> it's going to go to china if they build it -- >> the department of energy report. >> we're secure. >> and the more access we have to energy, the more secure we are. >> okay, well -- >> let's

aab expects the number of appeals will continue to decline and it projects a $50,000 decrease in revenue to our department's budget in 14-15 ~. this slide shows budgeted and actual revenue from the appeals to illustrate the peak year and [inaudible] and the reduction since in revenues from appeal filings. and now for my final two slides. it is a list of items that need to be addressed in the new budget. first, to reiterate, there will be a decrease in revenue. so, the general fund will be requested to offset that decrease. second, the department has selected harvey and rose associates through a competitive process and we are nearing finalizing the contract negotiations. mr. rose's group has proposed a contract hourly rate increase as the contract rates did not increase from 2010 to 2013. at the committee's direction in january, i will make a recommendation for a cola increase in the draft budget and will work with chair farrell on that proposal. third, i propose increase funding for bilingual premium pay and legislative assistant premium pay as required through ifpte local 21's m-o-u. some of the legislativ

of congress. why is there not a select committee eing formed that we be told what has happened in scandal after scandal and the internal revenue service and ungodly and the "fast and furious", departmentice, the list is long and the response from the white house is the same. silence and a very cold stone wall. >> as you know, the congressman actually had legislation to do just that. i joined with him in that legislation and i am continually opening that that legislation will be approved. but the second thing is while the president does have the power, the senate has backed him up on this and i think it's starting to resonate with the american people. we are seeing it poll after poll but now they to question the credibility and they just don't trust him. and that is the major problem that this administration has right now. lou: congressman, we thank you, as always. i also take up the president's foreign policies approaches and failures in my new book called up evil. you can get your copy at all over the country. it is on online now. you can get more details at loudobbs.com. coming up next, the afghan president leasing 72 suspected terrorists against the obama administration and their w

department of health over the past year. taiwan has suffered through a series of three safety scandals. as the workshop uses all natural ingredients self revenues have risen steadily since the bike shop opened two years ago. due to increasing demand for tapas in the process of moving train like your states. once that has relocated. you'll be able to hire more workers prosecutors have discovered that detainees seen international group the phone manufacturer am told kate to be in the last years of cold drink of cooking oil scandal has failed to pay to one to four p eight million dollars worth of taxes over the last seven years ago when the tsunamis added to the penalty of one of sixteen million dollars for failure to pay taxes the total amount owed to the government exceeds four hundred million and two dollars the company has set meal out in accordance with all warranties and move on. last year for the manufacture decent national group was found to be selling until three day cooking oils prosecutors discovered during the course and their investigation that when consumers purchasing will it take the olive oil from god sometimes he puts the fact th

of its ad revenue now comes from mobile. that's an impressive move since facebook introduced mobile apps just recently. shares jumped 14% to $61.08. >>> and the justice department wants bank of america to pay up for selling bad mortgages ahead of the housing bust. they are asking a judge to order the bank to pay more than $2 billion in penalties after a jury found its countrywide financial unit libel for fraud over defective home loans. >> and the changing of the guard at the federal reserve is now official. janet yellen was elected to be the fed's next chairman after a formal vote by the board of the nation's central bank. tomorrow is ben bernanke's final day at the fed. yellen will be sworn in on monday. >>> coming up, a new study says those on the public health exchanges are getting a pretty good deal and that may be very appealing to your employer. . >>> a warning about those heated seats in your car. toyota is halting sales on thousands of top selling late model vehicles because the fabric used on heated seats may not be entirely flame resistant. they are working on a fix for the problem and says there have been no reported incidents. >>> many american bus

of the revenue. but some have questions about the distribution of the money. the money will go to the coaches, to the conferences and athletic departments. to the players, nothing, to the english department, nothing. still to come: the side effects of owning a high flying pharma stock in chart talk... plus...a game of "which stock would you rather" in traders unplugged and... what prompted the labor market to hit the brakes on layoffs... that's coming up with bill moller! th a deadly disease. i was one of them. i'm a nurse and i knew how damaging the disease was to my life. nothing i tried seemed to work. my brother died. from complications of the exact same preventable disease and i knew i had to do something to get healthy. my disease was obesity and after consulting with my doctor, i received the effective treatment i needed. obesity is a second leading cause of preventable death in the united states. but it's a treatable disease, and there's effective treatment options available. now is time to get help. please join the obesity action coalition and acknowledge obesity as a disease for acceptance, for access to all effective treatmen

the system, the exchange has the ability to access information within the department of homeland security, the internal revenue service, social security and the treasury department. the administration has opened numerous federal agencies to data breaches and unauthorized access. just before the holidays, the entire nation saw firsthand what a massive security breach looks like. over 40 million target customers, their personal data was compromised by computer hackers who pilfered personal financial information and identification. target has gone out of their way to alert customers of the security breach. but unfortunately the federal government has no such obligation under the law. and this is a point that i don't think most people are aware of. it's not required, it's not a mandate that you have a target charge card or that you shop at target. but it's certainly required and a mandate that you buy your insurance through healthcare.gov. this is a coercive federal policy that now is pulling people into its website and refuses to provide them the very same protection that we demand that the private sector do for

challenges, we are an unusual credit in some regards one of which our revenues in large part come from rates that we charge to city departments and that's not totally in our control, it's also something the board gets to weigh in on. in dealing with that i guess the statement would be if we need to take action at the commission or proposed ordinance at the board that the deals with the risk issue from the bond holders standpoint and can maybe work in conjunction with covenants that deal specifically with those issues, i would expect that you will bring those to us to act on. i think you have to expect that rating agencies in doing their job are pretty coldhearted about it and pretty matter of fact and if they see something that compromises our ability to preserve our revenues or to fund our operations, that that will get translated into a rating decision. and to the extend that we constrain ourselves in the case of doing an emergency service of power, if we constrain ourselves so that we can from the market i will expect that will come out as a rating cost. that's not to say it is not a good idea but that is where we monetize

revenues across all city departments. the fiscal year 14 and 15 and 15, 16 are much lower issued in march of 2015 so the picture has gotten better since those reports were irrationally reported. the continued economic uncertainly the results the labor union negotiations and employee benefit cost growth so the instructions for our department is to reduce the general support by 1.5 percent which equates to over 1 percent which is $67,000. we don't receive a significant amount of allocation from the mayor's office it's minimal for our department. other instructions are to have a discussion and minimize service impacts and review the foes to increase sufficiency were we'll submit the report to the mayor per his instructions. moving on the the staffing cross divisions no staffing changes are to occur but in early february we'll come back to you for position requests we're concerning. the base position are the fte count is over one hundred and 92 positions in the department that doesn't include temporary staff to review plagues. again the court: objection sustained. we're considering now position requests and will be presenting

department. so we are left with, which is the focus of our complaint, civil allegations of violations of free speech, violations of internal revenuetions of internal revenue code regulations. we're in civil court. private citizens can not bring a criminal case. bill: understood. >> that is what the justice department is supposed to be investigating. obviously they were able to close the case without talking to victims which is really unprecedented. bill: i saw word earlier today on this story suggesting the investigation is fizzling. do you believe that to be the case? that it is fizzling and burning out now? >> i don't know that it ever started. someone says where is the investigation going? i don't think it ever got off the ground. it took eight months before we had the first contact by an fbi agent. when they did have the contact they were already closing the file. bill, i don't think this was ever a serious investigation. i think it was a sham from the beginning. eric holier's department of justice, ultimately who controls these criminal investigations closed a file, or is in process of closing a file without talking to the vi