i guess another question would be if mta were to lower fares, we're going to lower fares by 25 or 50 cents or as they've done, decide that a low-income use, senior, disabled are going to get free fares because of their economic circumstances, can those decisions rely on the statutory exemption? because that is also reducing fares, reducing revenue for -- obviously for other policy goals that the mta has. and, so, under your argument, wouldn't that also not be able to rely on the statutory exemption? >> i think you had two questions there. the first one was statutory interpretation of the exemption. and i believe what you were asking is whether modification of revenues has to be increases or helping, a ~ assisting the operating expenses. all the case law that deals with the statutory exemption deals with situations where there are increases in revenue to the agencies revoking it. so, i do think that that's a narrow interpretation of that statute ~ and following c-e-q-a's mandates interpret thing as favorable as possible for the environment, that would be the correct interpretation. wi

overall the modification of restructuring rates and fares from all charges. and, thus, as a whole, they anticipated operating expenses. next appellants claim that free sunday parking will have environmental impacts that must be examined under c-e-q-a. this includes traffic and air quality impact. the department's response to this concern is that under c-e-q-a we are not required to examine the environmental effects because loss of revenue is part of the budget restructuring, which is wholly exempt from c-e-q-a by statute regardless of potential environmental impacts. with the statutory exemption, mta is not required to further analyze environmental impacts. finally, the appellants claim that mta's decision violates the city's general plan and charter and in essence, the merits of the project are not relevant as to whether mta correctly issued a statutory exemption. the project's desirability does not determine whether it qualifies for statutory exemption. supervisors, the vote before the board is whether to uphold the determination the sfmta budget is within

i'm fareed zakaria. let's start today with sky high temperatures, hundred year floods and severe storms. a terrific new report tallies up the costs to you and me and everyone from climate change. i will talk with two of the many high-powered people behind the study, two former treasury secretaries, one republican, one democrat. hank paulson and bob rubin. then a cleric and his army. why the familiar face of multada elle fatah may face trouble in iraq. also, an assassination 100 years ago sparked the outbreak of world war i. something 2014 feels a lot like 1914. we'll explore. washington d.c. is broken, that's a fact, but america still works and works very well. i will take you somewhere that succeeds where the federal government has failed on immigrati immigration. but first here's my take. in recent days much of the political chatter inside the beltway has been about hillary clinton and her wealth or lack thereof. mrs. clinton's problem is not her money. despite the media flurry based on a couple of awk

light rail fares is similar. with extensive coverage, it shouldn't be a surprise that mta has high rider ship. the number of ride rail boarding per person is the next highest city and the number bus boarding is the next highest city. it does appear that our high rider ship comes at a price in terms of vehicle speed and the top chart shown here, the idea of highest speed -- it's plotted on the vertical session. our vehicle was slower on average for both modes. buses is an apparent reason for that. there's a high correlation. this makes sense because each time a vehicle stops or boards, it experiences a delay. but again, you can see mta performance is in line. one of the mta's challenges is figuring out how to elevate the green dot in that bottom figure despite increases in rider ship. vehicle speed depends on more than rider ship. we have seen the improvements that mta is implementing such as the use of a priority system and that can reduce travel time. the more these are implemented, it will be interesting to see

i'm fareed zakaria live from new york. we'll discuss the possible fall of iraq. isis, the al qaeda offshoot has taken city after city and is on the march to baghdad. can the terrorists be stopped? and just who are they? i talked to a man who knows the region well. former u.s. ambassador to iraq and afghanistan, ryan crocker. and what could america do? i talk to richard haas about washington's options. also, any hope of immigration reform is dead on arrival in congress. what does that mean for america's neighbors in mexico? i will ask that nation's finance minister. and the world cup, fifa is under attack for making money on the backs of brazilians, but really, it's part of a much larger problem, even here in the united states. call it the business of sports. finally, thailand may be in turmoil. but the general still wants people to just be happy. but first, here's my take. inevitably in washington, the question has surfaced, who lost iraq? whenever america has asked this question as it did with china in the 1950s or vietnam in the 1970s. the most important point

>> fareed, i think the answer is not complicated. this is a trans national issue that will affect all of our countries. it is of enormous importance to all of us, as i said catastrophic risk. i think the way the united states can best contribute is, a, get our own house in order and by get our own house in order to put ourselves in a better position to work with the chinese and those around the world. >> i'll be back with much more from these two former treasury secretaries. they'll give us their sense of the american economy and the outlook ahead when we come back. s above the competition, but we're not in the business of naming names. the fact is, it comes standard with an engine that's been called the benchmark of its class. really, guys, i thought... it also has more rear legroom than other midsize sedans. and the volkswagen passat has a lower starting price than... much better. vo: hurry in and lease the 2014 passat s for $199 a month. visit vwdealer.com today. mayo? corn dogs? you are so outta here! aah! [ female announcer ] th

fareed zakaria "gps" starts right now. >>> this is gps, the global public square. welcome to all of you in the united states and around the world. i'm fareed zakaria coming to you live from new york. >>> we will start the show today with the possible fall of iraq. eye sis, the al qaeda offshoot, has taken over city after city and is on the march to baghdad. can the terrorists be stopped? and just who are they? i'll talk to a man who knows the region well, former u.s. ambassador to iraq and afghanistan, ryan crocker. and what can america do? i will talk to richard haas about washington's options. >>> also, any hope of immigration reform is dead on arrival in congress. what does that mean for america's neighbors in mexico? i will ask that nation's finance minister. >>> and the world cup, fifa is under attack for making money off the backs of brazilians, but really, it's part of a much larger problem, even here in the united states. call it the business of sports. >>> finally, thailand may be in turmoil, but the generals still want people to just be happy. >>> but fir

years and we are reevaluating where to take our electronic fare payment systems next. as you know, from your daily life and other presenters here, there are all kinds of new payment options that are emerging in parking, in transit and in other parts of our daily lives and so we're taking a look at those options to see how they might apply for transit fare payment. we're working with transit operators to take a look at a variety of ways that we could apply mobile payments to ease the burden of having to find a retailer, add value to cards, and make transit payments. and as we take this initial look into where we think we should be headed next we're paying allot of attention to what peer agencies are doing elsewhere in the country. for example, in washington, d.c. area, washington metro has run a program very similar to ours and, in fact, the same vendore. they have just gone out to bid and in this [ka-eurbgs/] they have gone with a different contractor and they are pursue something innovative models that we think we could learn from and that is the case in chicago and s

the day pass offers unlimited riding all day long, there is no fare increase. starting on tuesday there is a fare increase for golden gate transit riders, the cost of riding a ferry across the bay will increase $50 cents. for clipper, 25% increase. golden gate fares, anywhere between 25 to 50 cents, depending on the trip. >>> now, it was a great day but today, people in many areas are dealing with flooding or fire danger across the country. >> reporter: people across the nation are feeling the impact of severe weather. the storms working their way through minnesota and tennessee are producing heavy rains and the flash flooding. minnesota governor says damage from the flooding there is significant. >> i never seen damage this severe and widespread usually, one or two counties, this is all on the state. >> residents of prior lake, minnesota are fighting to keep rise the waters at bay. >> we are sandbagging to keep the streets open for the most part. protecting a couple of houses that are just about ready to go under. >> reporter: st. paul is no better off. playgr

clipper card holders will also receive a discount on fares.nsit officials stress that there is no fare increase. and the cost to ride will remain the same. the bryan stow case is now in the hands of the jury. deliberations are now underway in the lawsuit against the l-a dodgers. closing arguments wrapped up thursday. stow's attorneys have blamed lax stadium security for the brutal 20-11 attack by two men in the stadium parking lot. those two men have already been convicted. the dodgers attorneys have tried to show that security staff was actually beefed up. compared to other opening day ball games. stow's attorney is asking for more about 50- million dollars in damages --- stow will need lifetime care after suffering severe brain damage. he lives in the bay area with his family. san francisco's presidio golf course has a coyote problem. signs have gone up around the course warning golfers of the potential danger. the presidio trust says several dens have popped up near the 8th and 9th holes on the course. the coyote activity has dog walkers in

which we discussed, the fare inspectors and the supervisors and managers. we also were negotiating with sciu, local 1021 and the association local 1414 and ibw local 6, the electricians and the municipal executive associations so those groups represent -- sic represents pco and station agencies and car cleaners, a lot of the administrative staff, 1414, represents a lot of the mechanics, local 6 represents electricians and mea represents managers. we went through that process, that charter process that i described. four of the agreements will be disclosed today, that's 1414, and the machinist, local sixty electricians and mea, the other three units are in the process that i described before heading into arbitration. so just to summarize these agreements which we'll make publicly available for close of business today, so that they have 15 days as required for public inspection before you consider voting on them. what they all have in common are three year terms so they would start this july 2014 and go through june of 2017. they all have -- they basically fol

it started out representing itself as fares being voluntary donations, when they were not. the cpuc appropriately found that this is commercial for-hire transportation. there is no question about that. that is why we have been trying to eliminate the word "ride sharing" from the vocabulary, because it's not correct. in addition, this competition to our taxi fleet has virtually unlimited funding. this is not a real measure of which business is successful or profitable or competent? and it's also operating without bearing the costs of commonsense safety regulations that have been developed over centuries, because it is the human experience that when you get into a moving vehicle, which is inherently dangerous with a stranger and charged a fare, there is public interest in regulating that situation. even if it were not artificial competition, one of the things that i want everybody to make sure and understand, there is a government interest in maintaining taxi service that is not equivalent to protectionism. it is the municipal interest in making sure that people have access t

fareed zakaria starts now. >> announcer: fareed zakaria gps brought to you by charles schwab. schwab. own your tomorrow. -- captions by vitac -- www.vitac.com >>> we are retired general richard clark and robert grener all weigh in. >> also, the other crisis in ukraine. i will talk to germany's defense minister about punishing putin. does europe have the stomach for more pressure? then how a persuasive president who loves politics got an extremely controversial piece of legislation fast. the 50th anniversary of the signing of the civil rights act. a milestone in american history. >> now in this summer of 1964 the civil rights bill is the law of the land. >> finally, how to crown a king when you're pinching pennies. spain showed us the way this week. >>> first, here's my take. to answer the question, what should america do in iraq, we should try first to understand what's going on in the region through a broader presence. if you would look to the middle east 15 years ago you would have seen a stream of strikingly similar regimes across the reasonable gone from libya and tunisia

fareed zakaria starts now. >>> this is "gps" the global public square. welcome to all of you in the united states and around the world. i'm fareed zakaria coming to you from new york. we start with iraq, of course. i will take you there for a live update, then we will hear from an all-star panel about the u.s. plan. and if there is anything america can do that will actually help. retired general richard clark and robert grenier weigh in. also, the other crisis in ukraine. i will talk to germany's defense minister about punishing putin. does europe have the stomach for more pressure? then, how a persuasive president who loved politics got an extremely controversial piece of legislation passed. the 50th anniversary of the signing of the civil rights act, a milestone in american history. >> now, in this summer of 1964, the civil rights bill is the law of the land. >> finally, how to crown a king when you're pinching pennies. spain showed us a way this week. first, here's my take. to answer the question, what should america do in iraq, we should try first to

fareed, thanks very much.t of the united states speaking at the white house on an issue so important to millions and millions of working families. let's listen in. >> family is the bedrock of our lives. we don't want a society in which folks are having to make a choice between those two things. there are better decisions we can make and not so good decisions we can make as a society to support this balance between work and familiarly. most of us. most of us, most of our days consist of work, family and not much else. those two spheres are constantly interacting with each other. when we're with our family, sometimes we're thinking about work. when we're at work, we're thinking about family. that's pretty universal experience, true even when you are president of the united states. i am lucky that my daughters were a bit older by the time i became president. so i never had to meet a world leader with cheerios stuck to my pants. that has not happened. i'm also lucky because we live above the store, so to speak. i

let's get perspective from our fareed zakaria., fareed right now, because it seems like almost overnight, this terrorist group, isis, this islamist state in iraq and syria has moved from syria into iraq and is making dramatic progress from their perspective. >> reporter: you know, part of it is not as unexpected as it seems, wolf. this group has been making some progress. associated groups have been making progress over the last few months. military analysts have been warning of these kind of things, but the basic condition is this. the government has persecuted the sunnis. as you know, any discontent has grown within the population. as you know, the population has gotten more and more discontent, joining up with radical groups in syria, these are a few thousand people. but what is stunning is that a few thousand people, well organized, well armed and now with $500 million in cash that they looted in mosul, they're able to make so much trouble for a government, nouri maliki's government has somewhere between half a million and one

but you're right, the fares are low.to come visit you in your studio, it would cost me over $1100 right now including paying for bags and whatever else. if i was to fly people express up there, it would be a quarter of that. >> but if you're taking a bag or you're bringing any type of carry-on, do you also have fees for where you sit? it could add up. how will people be aware ahead of time not to get -- >> the trick is in identifying -- >> the trick is to fly commando. >> well, the trick is even with those fees added in, we are still a quarter of what the legacy carriers charge. >> even if you were it pay all of it, still substantially less. is it fair to say every flyer it would be almost to avoid a fee of some sort? >> no, i think that a business traveler simply with a briefcase or a college student with a nap sack that fits under the seat will fly for that $76 all-in one way fare. >> we'll watch closely. thank you very much. >> my pleasure. > tell us about the amazing mortgage process here at quicken loans. we care ab

in recent weeks, i have witnessed four to six fare checkers in as many as three san francisco police officers board the f-line, remove a bare chested barefoot homeless man, forcing him to stand in the cold as he struggled to produce id and be ticketed $110. i have witnessed another man lounge from the car and across market and van ness intersection to avoid such a fine. i sat next to a latino woman from modesto brought to tears as she struggled to produce id. across the aisle her husband found his transfer and the driver acknowledged they had paid. they had come to the city to visit relatives. i have seen four to six fare checkers swarm around a woman with a questionable id strung around her neck and they picked up the it from her chest to examine it. she seemed unable to answer. seemed in fact emotionally disturbed. her and tourism watched. how much i wonder does the city pay these four to six checker and one to three police officers to insure $2 fares. in what universe is that responsible and in what society is it humane. the director of housing opportunity has said he spends hours

and they get fares. and so on. and in this case with these "rideshare" situations, the fares come through the company. they are on credit cards. >> that was christy fajardo reporting. and this isn't the first time uber is under fire for safety concerns. there have been reports of other alleged incidents in san francisco, washington, d.c. and chicago. >>> time now for a look at the top races from yesterday's primary elections. governor brown appears well on his way to an unprecedented fourth term. democrat got 52% of the vote in a crowded field of candidates there. the closest competitor was republican neel kashkari at only 19%. the two will face each other in the november runoff. >>> in the san jose mayoral race, it will be dave cortese running off against sam liccardo in november. cortese outpolled him 34-25% in a field of 8 candidates. the winner will replace mayor reed who is leaving because of term limits. >>> then there's the lonely congressional race getting national -- the local congressional race getting na

you can tell by the shading mta's fares are relatively low compared to other fares. light rail exhibited a similar pattern. so, with extensive coverage throughout the entire city and relatively low fares this should not be much of a surprise we have very high rider ship. the number of light rail boardlings per person in san francisco is nearly two and a third times the next highest city and bus boardings is 2-1/2 time the next highest city. it does appear, however, that our high rider ship comes at a price in terms of vehicle speed. in the top chart the average speed of light rail vehicles is plotted on the horizontal axis and the average speed is plotted on the vertical axis. you can see san francisco stands somewhat apart from its peers as our vehicles are slower on average for both modes. but there is an apparent reason for that. the lower chart charts the average speed for buses against bus boardings per revenue mile. it shows a high correlation between the two vehicles. intuitively this makes sense because each time a vehicle stops to board light rail passengers

new fare boxes are actually slowing down transit service.en pritchett live in oakland to tell us exactly what they're complaining about, ken. >> reporter: ac transit has modernized fare boxes. we talked to folks who said for some communities the old ways worked better. >> reporter: the bus we wait for the number one line was 14 minutes late. that's nothing new for lundford. >> sometimes it's late for me that's why i leave extra early. >> reporter: they say buses are often late and they blame in part new fare boxes installed in january. >> because it's very slow. a dollar bill, anything that's not a stiff dollar bill will get pushed back to the passenger. >> reporter: city leaders joined riders and director mark davis accepted. beyond the new fare boxes, transit plans to phase out paper transfers. >> if you use your clipper card, how are you going to get them to reload your clipper. >> one of the issues has been getting access more widely. >> reporter: the loss of paper transfers, new boxes and the lack of buses impact the riders. >> it's nev

is there anyone who supported the war, fareed, who is suspect, who is credible?well, i think the biggest problem here is that the bush administration, after the invasion, really exacerbated all the sectarian differences we're now seeing. so clearly, invading iraq was a mistake. but my point is, in the first month after the invasion, when they were still declaring victory, the bush administration disinvowed the sunnis and empowered these hard line shia rulers. so now it's odd for people like vice president cheney and paul bremer, to say we should try to get maliki to include the sunnis. you're the guys who put him in power in the first place. you're the guys who disempowered the sunnis and created or exacerbated these sectarian differences. so it's -- it was a very odd critique, given that in many ways, there were key policies of the bush administration right after the invasion that exacerbated these sectarian tensions and the civil war that we are now living with. >> are you surprised oh -- let me ask you this, the paul bremers and the dick cheneys, these people

the concern is smaller fares could close for a lack of funding. worrisome for those in the trade. >> that means the communities are going to be taking a hit. it's not the same without those small town pony county fairs for us to do our thing. >> reporter: county fair backers were seeking $20 million of a $32 million they lost. they say this crumbling infrastructure at the county fair ground is a matter of public safety. in pleasanton ken pritchett, ktvu, channel 2 news. >> more details now, it runs from now until july 25. it is open tuesday's through sunday's from 11:00 a.m. to 11:00 p.m. >>> a party is underway in san francisco tonight to raise money to fund the light show on the western span of the bay bridge. the crowd sourcing party was called the gift of light gala. it was held at pier 5. the goal was to raise $12 million. that's what it's expected to cost. the lights were originally supposed to be temporary and end next march. the money would cover taking them down so that the bridge can be repainted, and then restrung with new lights design

there is a fare increase for golden gate transit.he price will go up to across the bay. $0.50, for with us riders, fares increase between 25 to $0.50 depending on the trip. >>> and reading the muni map can make your head spin, with all the routes, numbers and colors, it is confusing, especially for tourists. >> now the current map route, was revolutionary in its day, but it's time for a new one. >> and they're putting the finishing touches on it as we speak into hang out at a muni shelter, and you're bound to hear a complaint. one common culprit, that menacing spaghetti goal we call the muni map. >> it's just wrong. >> you can't see anything. >> it's not clear where you can connect to another bus. >> what do you think of this map? >> it's confusing. >> reporter: the they are trying to take the muni. navigating san francisco for the first time from denmark, they say the public transit maps back home are more user friendly. >> more simple, bigger. >> reporter: but tourists don't give up on muni just yet. inside ffmta, the ink is about

bart will be offering muni fare in the city. cap train and ace also reporting no delays.live look at the bay bridge toll plaza where we are seeing slight delays in the far right cash lanes, still no metering lights. that may change in the next ten minutes. they've been turning the metering light on a little bit on the early side. northbound 680 at hoff at the timer road now -- hofstetter road now back open. >>> damage is expected in the millions from a fire that that roared through a walnut processing plant. it destroyed four buildings at the plant south of marysville. witnesses say they heard up to a dozen explosions as oppose pain pain -- propane tanks blew up. >>> richard martinez has criticized politicians and the national rifle association since his son christopher was shot to death 10 days ago. yesterday martinez met with peter rodger who's son elliot rodger carried out the murder- suicide. >>> here in the bay area, hundreds of people gathered in fremont to mourn another victim. the parents of the slain young man spoke last night at the service. >> reporter: the mot

fareed gentlemzakaria gps start now. >> this is gps, the global public square. welcome to all of you around the united states and around the world. i'm fareed zakaria. >>> a big leap for american foreign policy, from obama's speech -- >> americans must always lead on the world stage. >> -- to edward snowden to the european elections. i have a great panel, david ignatius and dan cenow. could afghanistan turn out to be a success? i will give you my case for optimism. also, from what to have for dinner and how to fix global warming, a revolutionary new way to solve problems. and a woman who went from shoplifting anti-capitalist to founder and ceo of a major retailer. this self-pro claimed girl boss has great advice to help you succeed. but first here's my take. let me read you something from a well-known analyst of american foreign policy. he wrote, because of unsure and indecisive leadership in the field of foreign policy, questions have been raised on all sides. the right added that the administration is plagued by a ham let-like psychosis which seems to paralyze

transit riders using a new fare system designed to sped up the boarding process. on tuesday, july 1, paper transfers go away and riders will be able to get a day pass for local service and they will also get discounts on card fares, officials say the new system will not mean a rise in fares and it says the costs will remain the same for local service but with the elimination of paper transfers passengers have to pay the full fare each time they board a bus. the permits allow unlimited rides all day at $5 for adults and $2.50 for youth and seniors and disabled. >> chefs can now use their bare hands at work with an agreement to overturn a law forcing food workers including bartenders to use gloves to handle food. the law tock affect in john and full enforcement was scheduled to take place next week. the measure would improve food safety. chefs say it is too restrictive. >> the issues are that it is an additional expense to rich gloves and they were concerned that they were not able to feel how they were processing the food. >> a doctor from sacramento who authored t

funds and they say smaller fares may be forced to close. now with the little ones taking off. it means communities will be hit. it is not the same since we have been forced to do our own thing. >> the sonoma fair is also underway and that runs through monday. >>> happening today, it is preparing to speak at accords miami and they are looking at rick santorum. they will promote marriage as a sacred union between one man and woman. they are calling it a hate rally targeting gays and lesbians and it starts in just a couple of hours coming up on mornings on 2. >>> they will not provide security unless they work for the central community before they kickoff. but researchers say it is against the practice of double badging and they are working in a reserved capacity for a lot of other problems. >> that is not covered by my primary legal defense funds. >> they are paying officers to work 10 hour shifts during 10 hour games and other stadium events. >> coming up, dozens of soccer fans at the chile team, and thousand fans were right before they got

continental said we will be based on fares. not the miles that you travel.rying to land more of those business-class passengers. we will find out if it is going to succeed. moving real and virtual currency around the world. tank sent company such as western union offer international transfers. it has a chance to change the market for real. they have some real backers, richard branson among them. building a real city in the middle of the ocean. the idea behind the institute. can a city give rise to its own government? let's get headlines from my radio cohost carol massar. >> american international group said peter hancock will be its next ceo. hancock will replace the ceo september 1 of this year. google says the satellite will keep google maps accurate. they're hoping to use skybox technology to improve access and disaster relief efforts. shares of radioshack have fallen after the retailer reported a loss last quarter citing sales drops for the ninth straight time. >> united airlines is the latest carrier to change its frequent flyer program. beginning next

. >> fareed yassin, thanks for coming into france 24.university professor in iraq, let's go to him in baghdad now. i'm not sure if you have been hearing our conversation. we have been talking about these rapid advances i insurgents. has it come to a surprise for the iraqi people? becauseit is a surprise , they did not expect that in the iraqi army will collapse easily, like what happened yesterday and today and everybody is talking about why and with the huge budget, they go to the army. the iraqi people are talking blaming and saying it happened before that, they are talking about turkey, saudi arabia, qatar, and the areas around iraq. >> ok. i'mal nashmy in baghdad, afraid the line is not wonderful. thanks for joining us this evening. in other international news, the first hearing of the trial of platform members was held in court and instead bowl today. 26 members are charged with -- today.nbul 26 members are charged with sparking antigovernment protests. >> supporters gather outside of of theurt, 26 liters solidarity group are on tri

what about the fares? uber pricing is based on demand, but both offer flat fares from manhattan to jfk airport. uber charges $65 including tip. after a generous 20% tip, yellow cabs come out to $63. so that's actually a $2 savings for the yellow cabs, tyler. >> you say they were incensed. i've never known a cabdriver to be incensed, right? >> never, no. >> it is a real debate. there are justifiable reasons that a lot of the cab drivers are incensed, because they have to go through all of this to do what the uber drivers apparently in many locales haven't had to do so far. >> a flat fare to an airport ubs for example, they'll actually be making less money. >> thank you very much, morgan. >>> the dow down about 1 his points. let's go to dominic for a quick market flash. >> check out what's happening with sin nappics, this after confirming it had agreed to buy renasys which provides display chips for apple iphone. it also raised the current quarter forecast, the shares are up 20% just off session highs. in a

air fares -- why did that happen? because the republican justice department and the protrust department blessed mergers that made it so there's only one guy flying everywhere. you know, you don't have to raise fares if it's you against yourself. delta, one route, they raise fares with impunity, no cheap carrier comes in because you can't get a plane because plaeps are spoken for. wheels up, and you pay five times that you pay with delta. what we absolutely know is air fares are higher because there's no competition, and the government mandated that, and i have no idea why they did it, but it's working in favor of the shareholders. >> yeah, and you've been speaking about the action in the airline stocks even with what's going on in iraq in oil prices. i read what you said about that. >> look, if they -- if the -- if isis takes the south -- i care more about -- ridiculous, one million barrels a day coming from north dakota, passing every other state other than texas. it means american air won't do my $6 i'm looking for.