programs, a leading provider of micro loans in california, and has a robust community real estate finance unit. next, we have the ceo of ne community federal credit union. since 1988, she has been the ceo of northwest community federal credit union. under her watch, the credit union group to over 1600 members. it has become the national model for institutions seeking to provide financial education and banking services to the low- income communities. last but not least, we have our conditional lender represented here by wells fargo. mark cyrus is the senior fda banker for the region -- the senior sba banker. he held businesses choose the best loans for the growing business and focus on a comprehensive understanding of their goals for their business. mark is responsible for helping entrepreneurs with sba loans every step of the way. i would like each of you to speak a little bit about what your organization does and, more importantly, address the audience here and let them know what your looking for when you are hoping to fund their loan. we will start with you, mark. >> absolutely. thank you. i

if you take a look at the global economy, the g-20, the eminent group of finance ministers, the united states is number one. we are the largest economy in the world. china is now number two. china in a few years will be number one. united states is richer on a per capita basis by a magnitude of about tenfold, but china will have more economic output than the united states. it is a force that has to be reckoned with. they got this way because they have had very good growth for a number of years, but it is growing a little bit too strong. there are some small bubbles popping up in different parts of their economy, and they are trying to slow down the economy. slowing down an economy -- every government can do that. the hard part is controlling that downward trajectory. in most cases, countries that tried to slow down their economy -- they go into a crash, they go into a recession, but china is different. the best way i have to describe china's economy, to steal a line from yogi berra is one-half market economy and three- quarters centralize control economy. they are big enough. they are

one of the reasons the violence has continued is that the united states is covertly financing the opposition to government the united states is providing tap. tical assistance for training military operations it's being done outside of the country just across the border however as long as as washington continues to feed this conflict it will go on but the message needs to start with washington washington has got to stop interfering in syria i believe the violence in syria needs to stop this is the people are suffering terribly the point is that it's two sides that are keeping this conflict alive this is what's good for bashar assad is also good for hillary clinton the united states must announce that it will stop supporting the rebels in syria and they will stop feeding this conflict both sides together must reach a cease fire it requires both action from both sides. violence in syria is spilling over into neighboring lebanon dividing its people on the crisis across the border or he's actually on a boy who explains how lebanon has been affected by the conflict. it's an air of c.g. on the med

one of the reasons the violence has continued is that the united states is covertly financing the opposition to bashar assad's government the united states is providing tactical assistance for training military operations it's being done outside of the country just across the border however as long as as washington continues to feed this conflict it will go on but the message needs to start with washington washington has got to stop interfering in syria the united states must announce that it will stop supporting the rebels in syria and they will stop feeding this conflict both sides together must reach a cease fire it requires both action from both sides. i mean. from the syrian being felt across the border in lebanon. reports divisions there oh . it's an arab cd on the mediterranean with it pancham for everything. lebanese tripoli looks a lot like it's libya namesake and increasingly it's being drawn into the revolutionary violence it's home to sizeable alawite and sunni communities and with the syrian border just half hour drive away tensions are already boiling over the road separating t

. >> they have thrown their support behind nigeria's finance minister, but the united states is now madearibbean-american physician who has worked for decades on international health issues -- korean-american physician. >> both are seen as good candidates. this is a job traditionally decided by washington. >> she says her experience as an economic expert and a diplomat makes her well-qualified for the position of world bank president. >> i consider the world bank a very important institution for the world, particularly for developing countries deserving of the best leadership. i look forward to contest a very strong candidates, and am i coident? absolutely. >> world bank board members have endorsed the bank's former managing director, but president barack obama has other plans. washington is sending jim yong kim as its candidate into the race. he is an hiv specialist and doctor. >> i believe that nobody is more qualified to carry out that mission than dr. jim kim. it is time for development professional to lead the world's largest development agency. >> since it was founded in 1944, the

what is the ability to finance either at market rate or in an affordable sending those multi- room units? i think it is a challenge. i cannot speak to all the intricacies of financing. it has been a challenge to create those additional units. the affordability gap, even on the rental side, increases dramatically, if you need five bedrooms in a rental situation. it is very difficult to find those larger units, rental or ownership. chairperson farrell: it is not just someone who has one child, or maybe to that can be in a room together. when you start to have families, or parents want to have larger families, are the automatically priced out and gone? i think that is part of what we are talking about. it would be interesting to find more data. >> just a few more. overall, this talks about what are the citied the-restricted units we have. we have about 22,000 the- -- deed-restricted units. we do have the down payment assistance program, which has helped about 3000 lower and middle income families. if you talk about what it looks like in the future, we have talked about what our pipeline is.

. >> san jose's finances will be reviewed by state adders. after nbc's investigative unit -- the audit will focus on the finances and the pension obligation. the audit should take four months to complete but the pension reform measure will be on the june ballot. >> it's 4:36. more than 100 teachers and staff of alameda school district will get layoff notices. the school district approved the notices this week. they have to determine how many jobs they will cut. the school board is looking at other ideas including a parcel tax and cutting music and art classes. >> one of the biggest food banks is struggling to stretch its budget. second harvest food bank says high fuel and food prices are forcing fewer deliveries to shelters. most of the popular items have seen double digit increases in costs. the organization is asking for your donations to help feed the 250,000 people it reaches out to every month. >> an unusual sighting in the water near crissy field has ship captains on alert. a gray whale was spotted and caught on tape by one of our photographers. look beyond the orang

to challenge the justices who were sitting right in front of him on the, the campaign finance, the citizens united case. i have no doubt that if this court, the roberts court, strikes down the health care law which, of course, is coming up for argument next month, if they strike it down all or part of it, i think president obama will be critical of them publicly. will he propose a court-packing plan as fdr did? [laughter] i don't think so. obama is a very keen student of american history, and he knows that most historians rate the court-packing plan as one of the worst things that franklin roosevelt ever did during his tenure as president. what about the comparing the hughes court and the robert court and the two chief justices? well, there are certain parallels. both hughes and roberts were brilliant lawyers before they were appointed to the court, and they were both appointed by republican presidents. but i would suggest to you that there's a difference in their, in their politics and in their constitutional interpretations as well. hughes was a centrist, as i said to you. he was a progressive r

united. >>> nigeria's finance minister hopes to prove the emerging economies are ready to take the lead. she tells cnn why she's the ideal candidate to run the world bank. >>> also on the show, a general strike grips spain a day before the government announces a new round of austerity measures. >>> so these are some of the world's fastest-growing major economies these days, brazil, russia, india, china and now south africa, often grouped together under the brics. their aim is to try and strengthen this particular group as a whole trading bloc to try and increase their influence on the world stage. the move makes the brics matter. these are countries that together make up 40% of the total world economy, that's equivalent to gdp worth about $80.5 trillion. almost half of all of the people in the world live in some of the brics countries. business among these brics these days is, it seems, thriving. trade among them as a trading group last year is growing about 28%. currently it stands at about $230 billion. growth is rising and is at an economical clout. mondica joins us this morning. perh

>> i think it is up to the united states congress and the president of the united states to pass some form of campaign finance reform that the supreme court not overturned. there has to be a way to draft a bill that would prevent a billionaire to be able to write $10 billion checks of the time to keep the campaign going but does not have the support of individual americans. i am not a huge fan of individual limits to campaigns. i think people should be able to give what they want to give straight into the campaign. use damp the check. it goes on-line immediately so you know who was a supporting what campaign. that said, one of the benefits of having spending limits is not new get to see which candidates have a broad base of support. -- is that you get to see which candidates have a broad base of support. without that money they might be down in single digits. it is something the next congress and this president is going to have to take care of. president obama had promised he was going to abide by public financing in 2008. and he figured he could raise more money than mccain, and he flip-flop on that. then he

not to exceed approximately $40.1 million for the purpose of providing financing but the acquisition and construction of a 150-unit multifamily rental unit housing project. supervisor chiu: roll-call vote? >> and added 11 -- supervisor kim: aye. supervisor mar: aye. supervisor olague: aye. supervisor wiener: aye. supervisor avalos: aye. supervisor chiu: aye. supervisor chiu: aye. supervisor chu: aye. supervisor cohen: aye. supervisor elsbernd: aye. supervisor farrell: aye. >> there are 11 ayes. supervisor chiu: the resolution is adopted. colleagues, what we go to roll call? then a supervisor kim, you are first for roll call for introductions -- >> supervisor kim. supervisor kim: first of all, i wanted to take a moment today to briefly highlight a public health crisis that our office has been focused on. preventing pedestrian collisions. some of which and in fatalities, and all of which could have potentially been prevented if we were making pedestrian safety a top priority for our city. this past sunday alone, two pedestrians were killed in two separate car collisions. our office has been contacted regarding numer

our system that it really would take big steps because you have to do citizens united you have to change campaign finance you have to have publicly financed elections you have to have elections of limited duration you've also got to get out of some of the bad habits where i'm in democracies so so for example the gerrymandering that we have has led the wein that suit each party to dominate the process because people don't run really in competitive general elections they only run a competitive primaries the only people who vote in primaries are the extreme right the extreme left and this allows the special interests special leverage you've got to deal with the lobby and. you also have to start pushing back on some. the modern myths the myth that you know all government is bad or have four legs good two legs bad kind of reasoning that you know you sort of hit ron paul if we push government out of the way what will sweep in and it's places freedom you know will sweep in it's place is the robber right because it nature abhors a vacuum who steps in you know the people with the power to seize that opportunity a

wednesday israel's prime minister said iran is arming financing and training gaza militants. the united rights panel adopted a report praising former libyan leader moammar gadhafi for advances in human rights. the report was considered and tabled in late 2010 before gadhafi was overthrown and killed by his own people. egypt ace top prosecutor has charged 75 people in connection with last month's deadly soccer riot. at least 74 people were killed there. scores of fans faced murder charges now and nine police officers are accused of complicity in murder. >>> the latest fox news polls indicate americans favor helping syrian rebels, but only to a point. see here 82% agree with humanitarian assistance, just 19% want air strikes. 14% would send in ground troops. today syria's leadership tried to put on the best public face possible one year after antigovernment protests began. leeland vitter shows us. a warning here, you might find some of the images in this report disturbing. >> massive crowds took to the streets of damascus promising allegiance to the syrian president. he we sacrifice our b

finances will be reviewed. legislators gave the go ahead after an nbc bay area investigative unit study. audit will focus on the city's finances and its pension obligations. that audit should take four months to complete. but the pension reform measure will be on the june ballot. >> the new ipad hit stores next week. you don't have to buy the latest technology to benefit. >> that's right. i would encourage you boo to buy any ipad. it's not how knew, it's the concept altogether. little noticed when apple introduced the newest ipad was the announcement that the company will drop the price of ipad 2 by $200. ipad 2 is only 361 days old. so if you are wondering about what all the fuss is about, grab yourself an ipad 2. certain apple watchers are taken with the fact that the company abandoned its naming scheme. you have the original ipad. then the ipad 2, then the new ipad called ipad. people will probably call it the ibad 3. you remember when -- many called it the itouch. it never has been called that. but you go into a store they will sell you an itouch if you really want to. >> thanks. 5:36

he's a native australian by birth, but he has spent much of his career in finance and consulting here in the unitedtes. he joins me now on the global public square. thank you. >> thank you. >> so tell me, after a long life in the private sector, you went to the world bank and what was the -- what was your biggest take away inside -- in term of doing something that was often seen by people in the private sector as giving away money, that the foreign aid is wasted, that you can't really get growth in that way. what did you think? >> well, i went to the world bank because when i was there, there were 6 billion people in the world and 5 billion lived in the developing world served by the world bank and it was already clear to me that the future was going to be in the developing world. that the billion people in the rich world, maybe in 40 years, would be 1 billion 400 million. but people in the developing world would grow by several billion. so the waves towards developing countries was very clear and the fact that in those days people would look at them as the poor countries and not give them any grea

university of new york and the university of essex in the united kingdom he's also the author of numerous books including age shock how finances failing us and an unfinished revolution karl marx and abraham lincoln let's go back to it robin marxian versus marxist what's the difference in these terms and what really you know in a modern context what how do these apply to today's economy. i think c.n.n. is used just as a slightly milder term with marxists being a sharper more demanding term. for those who closely followed marx's i idea is an amount since a little more loosely but i think in recent years there's been a renewed interest in marx's analysis of the trade cycle of boom and sun pundit capitalism and which he traced as being very often the result of over exploitation of the working class leaving them with not enough wages to buy goods and say you get what is called a realisation crisis a crisis of. overproduction with consumption not being strong enough to absorb all that has been produced and then the you get it built on top of that also a financial crisis and i think we've been living through globally something like a

quarters as a repeat of bush v gore from 2000 and perhaps a repeat of the citizens united decision on campaign finance. as i said before, i think chief justice roberts is very eager to avoid that, but if the conservatives and liberals line up in the expected positions it unlikely would be impossible for the chief justice to do that unless they take the law, the case out on some tech any kalt like the tax issue. >> i want to skip to the other thing on the list. did the government lawyer blow it as you well known and someone will always look for someone to blame, especially if the ruling is not what they desire. the attorney has taken a lot of heat after yesterday. >> yeah, don, the solicitor general of the united states representing the government, he didn't have a great performance yesterday. he stumbled a little bit at the outset, and he had a difficult argument with justices jumping in on him repeatedly and sometimes the justices jumping in on each other, and i don't think it was really a bad job as some people made it out to be but simply that he had a tougher case to argue in front of the justices

we want to make sure when we do financing is generating jobs in the united states. host: daniel asks if it is more of a first come-first serve basis. guest: the big picture strategy is looking at products and services with a large u.s. content. we have focused the bank on aircraft, army clinic, medical equipment because they're great american products and create jobs at home. it is first-come, first-served to where the needs are. host: up next, a wheeling, west virginia, paul, an independent scholar -- caller. caller: your guest was talking about columbia -- colombia. one u.s. dollar is worth many pesos. in korea, $1 is worth 1117 yuan. in china, $1 is worth many yen. how do you say a person in the country can afford to buy a u.s. auto? guest: that is a good question. what we're exporting is not just automobiles. with a free-trade agreement, we can export wheat to colombia. before the free trade agreement, they were buying from argentina and canada. they prefer it from the dakotas. without a free-trade agreement, they could not do that. we will see more products goi