wayne freedman, "abc 7 news." >> still ahead, an architectural history lesson. >> and wear and tear, but i kind of like it. >> we'll take you inside some of bay area's historic homes. >> another bay area is full of houses with past and several are for sale orent. here is dan ashley with histo you can live in. ♪ >> here we are and it is a grand fo zbler this is the mansion in the north berkeley hill real estate agent is showing us around. >> this is billiard room, gentlemen would share company. >> it was built in 1912 by a wealthy land develer, it was designed by john hudson thomas. >> it has unparalleled beauty and it's unique. >> it can be yours for $6.5 millio the msion was used for several decades as a young women's college. a lot of original details are still intact. signature woodwork, beautifully preserved but the house does need serious work, there are three acres that was once a show place garden. >> somebody has the desire, this could be mo beautiful place to live. >> if you are looking for something with a lower price tag might consider renting a historic home in the presid

but tom freedman is a very smart guy and he's probably right. we need to have a voice for those who are not affiliated with either party, that's a good third of the population and growing. >> couric: why not you? >> well, i've got a job and i'm going to... >> you have a job for now. >> i've got a job for the next 1,119 days, but who's counting. >> couric: do you think the time is right, though, for a third party candidate? >> i don't know about that. but i think the time is right, however, to stop all this craziness and hope that the president fails. we have to hope that the president succeeds. we have to help the president succeed. if you want to run against him, and i don't and i won't, but if you wanted to do that, the time to do that is near the next election. right now we have to pull together. we have to start making good decisions based on what's good for the country, as opposed to what's good for a political party or political position. >> couric: you keep saying you're more optimistic than ever about the state of the united states. i th

freedman? >> thank you mr. chairman, ranking member grassley, center bombing and the entire committee for this opportunity to testify today. and i will pick up on stevan goss's question of how we make this happen, how we make a virtue of necessity in a voluntary way as you have charged us to think about today. to do that, i just want to step back quickly in history to the year 1950 that mr. goss just talked about. in that year, the labor leader discard retirement as too old to work and too young to die. it was very awkward. other people talk about as a role this role and in a period of about 15 years we turned this awkward state into a version of the american dream. we created a new dealer of the shorter working lives that people could actually look forward to. people started retiring early year and earlier said they could get to this goal and now in the context of trends that you talked about, the demographic revolution as nearly 80 million baby boomers moving into the 60's and the doubling of life expectancy

wayne freedman reports on what has been a surreal christmas for survivors of the blast. >> her soften and grandson lived. >> on the homecoming some will be better than others. in the san bruno fire zone, carolyn gray say it's a mixed bag at best. >> we want to see where the old house wasn't, i guess you would say. >> in a place that were charred by flames there are still where the numbers just remain. >> going back of life and here is comes the detour. >> they feel the burden. try living across the street from the burning scape as bob does. >> sometimes i leave my blinds shut during the day. >> locals say they have seen enough of the hole in the ground that killed eight of their neighbors. for all the damage and for all the loss of life it really could have been worse. the saving grace, that on the night of the explosion, kids and parents came down to a back to school night. otherwise they would have been here. >> the last time we saw bob mcnichols he was counting his blessings, his house survived the fire but only by inches. >> i have a pretty good appreciation for things i didn't be

as wayne freedman found out a castro valley man had a better idea. >> we are about to show you the difference >> there is a pool table under this. >> bob of castro valley, what somebody collects stuff like this it's multiple layers even in the kitchen again. >> couple years ago i had a party. >> looks like you never cleaned up. >> that is a thought. >> if you go through the piles you will find one recurring theme that baseball never ends. 6400 autographed baseballs. >> roger maris. ted williams, babe ruth. >> but the rest like gene kelly, dear abby fills personal requests. >> post office loved me. >> he would throw in a photo and add themselves to his collection. >> they are famous people. >> so you settle on baseballs because? >> they are different. >> but now the twist because after three decades and 6400 signatures, bob has decided to put the entire collection up for sale. >> how will it go? >> i would is like to see in it vegas and other people can see. >> it bob estimatesmight be worth millions because the collection is so complete and so quirky. >> he zbhot john wayne and john wayne gac

it's a joint project of the developer brian freedman and the marriott hotel chain. it's a project that would change divide and the trendy adams morgan neighborhood. a fancy boutique hotel called the edition hotel would have 174 rooms, underground parking, a swimming pool, bars and restaurants that could compete with the ritz and the four seasons. >> and there will be a delight to have them and it will be good for business. >> reporter: sean ramdebt owns three bars and restaurants on 18th street, including sutra. he doesn't see a downside to the new hotel. as proposed, the project would take up land around the church and include the buildings that now house the city paper and pacifica radio, wpsw. advisory neighborhood commissioner said that there are concerns that the 10-story hotel building added to the back of the church, would loom too large over the neighborhood. >> i think that many residents would be for the hotel if it was a little bit smaller. >> reporter: the historic church facade will be preserved to encourage the project, the city council is poised to gi

but as strategist steve freedman points out, the stock market is not focused on the situation now-- but what lies ahead. moving towards a more sustainable expansion mode, and that's a positive environment for stocks. >> reporter: another positive for stocks could be falling bond prices. up until recently, mutual fund investors were putting most of their money into bonds for safety. now money manager ted cronin expects many of those investors to start searching for higher returns. >> the fund flows that have been dominating into fixed income and away from equities? this now could be reversed. even a small percentage of investors start switching their direction, it's a material amount of money that could drive the markets. >> reporter: just how bullish is wall street for 2011? take a look at the forecasts from five major brokerage firms. they see the s&p gaining anywhere from 5% to 14% by the end of next year. >> reporter: clearly the bull market is attracting attention, but the s&p 500 is below where it was a decade ago. the market would have to gain 6% just to get back to where it was a

. >> abc 7's wayne freedman is live at the scene for use emergency lights and highway 1 are especialever a good sign thachl is the case tonight. as you said a little while ago, police and sheriff deputies did pull a van out of the waters. a white 2010 chrysler minivan. they've not yet confirmed a body inside but it will be presumely that of a 63-year-old who disappeared after dinner saturday night this, is the resolution after a long, and painstaking day.

wayne freedman some job seekers. >> in a county with 11.3% even the prospect of job can bring hope.1957 norman s.burn any company. they split the investment with the investment from madoff's investment. >> they made more like $700,000 and got $500,000 of that. his brother lost more. madoff is serving 150-year prison sentence. widow returned $7.2 billion made from the ponzi skeesm. bernie doesn't expect he or his brother will ever see the lost money but he hopes someone will. >> the more that gets back the better for investors that is out of everything. >> berkeley residents lost personal accounts worth $450,000 they had saved for retirement. they got back $25,000 investment in an ira they thought that was worth $170,000. they are angry with the system set to reimburse the investors and they are afraid they might end up owing money they took out money they thought was their earnings. >> the sec out to protect themselves. they are not protecting the small investor. >> he is an arrogant man. >> an attorney has interviewed madoff in person. >> it's a tremendous settlement kukoes to the

wayne freedman is live with the results of the visit. wayne?g problems and complaints for years now. and this hospital has not always been forth coming but today had a visit from two

in, wayne freedman, 7s. >>> what lving people and a fabulous sture they make ev ely. ry beil heresports. ce to see. >> that they do every ears now. >> it is reat stu >>t on air every year. >> freeman. sharks goal. would coul wrong? he in steel are tryi out afte llapse i [ female announcer ] safeway tas gift ideas. music makes a great gift i like rock, hip-hop, country... and you ar telling me this, why? i...uh...thought youight be my secret santa? no. i'm ging for skunk. uh, i can hear you. no. not you. the other skunk. [ male announ cer ] safeway is the place to stock up on itunes gift cards. right now, save $6 on a $40 4-pack. keep 'em on hand. on at safeway. ingredients for life. this holiday season, chevy's giving y more. like a 100,000 mile/5-year powertraiwarranty. that's 40,000 miles more than ford and now we're givinyou our best offer of the year. 0% apr financi... plus $1,500 holiday allowance... plus no monthly payments until spring. on most chevy mode. but hurry, because your chance to get our best ofr of the season ends soon. see your local evy dealer now.

freedman will need money, a lot of it.fornia. >> we think we can make the world better by having the best innovations of new forms of government copied by countries on land. >> so will sea setting live up to hopes and dreams? >> and now have have an accuweather update. >> there is light rain in late onville. none of this is going to get here tonight but arrives in the morning. light showers during morning commute. you can see it here in green at 5:00 in the morning. and there is a let up in the rain. rain starts to spread into parts of the north bay, san francisco hayward some heavier rainfall and by 8:00 we'll see down pours briefly heavy you can see it here taking through 10:00 and 11:00 at night. looking at rain continuing into wednesday then getting a short break. there is dry thursday and new year's eve. a cold morning expected thursday temperatures dipping to near freezing and a chance of rain. it's not a definite thing at this point. >> and storm tomorrow? that is a lot of rain. >> it is a lot of rain. and there is

wine wayne freedman abc 7 news. >> and in washington tonight say the president and house republicansosing in on a compromise that will extend benefits and preventive tax hikes for millions of americans. report on the day house democrats pushed through a bill extending tax cuts to families earning under 250,000s aids year but allows tax cuts for wealthy to expire and more private sector jobs have been created this year than the eight years of the bush administration. >> and they have a chance of passing the senate. republicans had votes to block it making the vote a waste of time. >> trying to catch my broj soy don't refer to this maneuver going on today as as chicken crap. all right? >> but this is nonsense. >> the measure would extend the tax cuts for all americans they won't be permanent. >> and also in washington house voted overwhelmingly to censure charles rangel. the once powerful lawmaker sat as speaker pelosi reached a severe punishment short of expulsion two weeks ago he was found guilty of 11 counts of breaking house rules. and it's the 23 time in history a lawmaker has bee

. >> and wayne freedman reports each has a compelling and deserving story. >> some people all of the luck. or in this case an utter absence of it this, car could only go 30 miles per hour. least of her problem autos some point it would breakdown. and every time i get in the car, i'm nervous. >> and for now this, is home. one room sharing with three children. for her safety, that not even her name. >> not sure how this happened but it can happen to anyone. boy have never thought would it happen to me. and there, there you go. >> this ought to be enough more more than anyone, but for this woman there is more. >> there is -- i know how to deal with it. >> drawing blood from her 5-year-old daughter who has leukemia. >> such a good girl. >> this is just one of many compelling stories looking through in letter form this year. you might call him a gate keeper. fifth business in changing lives. >> they're going to have an excellent system. this is something going stay in there. >> and every year, dozens of others say total cars to people in need. >> and a local donates the labor and votes on

. >> from the rapidly disappearing transbay transit terminal, wayne freedman abc 7 news. >> wow. >> and still head tonight, a young bay area man wants his good name restored ychl he's asking a judge to throw out a 4-year-old hate crime conviction. >> there is a story of musicians giving away tunes on the price of a school book. >> how much rain is on the way in the accu-weather forecast coming up. >> don't get stung by credit cards. how to avoid gettitititititititi you can see >> closed captioning brought to you by mancini sleepworld. >> sky 7 overhead. a chase ended on southbound 880 in oakland and a huge traffic mess. >> the driver collided with two chp cars near oak street exit no. one was hurt and this is on to southbound 880. >> here is a live look at traffic from sky 7 hd on 8806789 headlights going south as you can see very busy a san francisco teenager is going court off his record changed. it's a legal move angering many in the asian community. the story only on 7. >> matthew was 17 at the time. he was one of about 20 people all of them white, who attacked an asian american tee

wayne freedman found this one at a concord drive-in last summer. >> in an era of multichannel surround sound, let's not underestimate of going retro. they are entering a time warp what appears to be a thriving antique, resurrected solano drive-in theater in concord. >> we went here and we tried the projecter and it still worked and let's try it again. >> no, there is no nothing like this. once you got on the drive-in, you get hooked. >> if it's retro in looks, it's retro in staff. linda went on her first date here, her husband proposed here. >> did anything else begin here that you want to talk about? >> no. >> yes, she did go into labor while watching a movie here and now the little girl has grown up to be a manager. >> drive-in movies peeked in the 1950s and 1960s. back then there was 270 screens, now only 18 remain. is in a revival? >> drive-in movies came in on postwar in a time of mobile car culture in a land of plenty but that was then. >> what happened to them? >> they turned into a cemetery or walmart at this point. >> go to a drive-in and you are likely to find a screen and it

so now, wayne freedman reports they're looking into another approach. >> you're looking at a happy ending and a new beginning. a mix now named harry and his new best friend. >> this is love at first sight. yeah. >> until afternoon, he was like many dog as band ond and homeless. he has one more ordeal ahead. >> by the time a dopted him he'll be neutered. >> as it stands, the county will spay or neuter any dog it adopts out but that may change. the county may spay or neuter any dog it finds wandering streets and impounds. >> we're not trying to put every dog under the knife. what we're trying to do is identify where there is a more irresponsible dog owner and have those animals be returned spay order neutered which is the best thing to do in the long run. >> the supervisor and his protection committee have asked for a study stems from dispro pors nilt number of pit bull attacks and purt bulls turning up as strays. the panel considered mandatory spay and neutering but then backed off. >> when first proposing mandatory spay, neuter for pit bulls people thought we're discriminating by breed. >

wayne freedman, "abc 7 news." >>> airline passenger safety, new security alert as people try to get homehe holidays. homeland security are asking carriers to look at insulated beverage containers like thermoses, they are still worrying nonetheless and it could take extra time to get through security checkpoints as they take a closer look at insulated containers. >> we want to make people safe. it could be more beneficial in the long. >> homeland security want travelers to be aware of the extra attention to the beverage containers and be prepared for them to be inspected even if they are gift wrapped. >> pope benedict welcomed christmas to remember the birth of jesus. you may recall mentally ill woman attacked him last year. there were no incidents and bodyguards escorted the pope to stopping to bless babies. >>> back here at home. vice president joe biden says he believes america is evolving on the issue of same-sex marriage. he made his remarks on "good morning america" this morning. he compared with what is happening with same-sex marriage with what has happened to gays and lesbians se

wayne freedman, "abc 7 news." >>> the widow of a florida philanthropist says she will give back morers that her husband made in bernie madoff's ponzi scheme. that could be good news for some but as heather ishimaru reports, several people question whether they'll ever see a dime. heather will have more in the report. she met with some of the victims yesterday and talked to them about if they'll ever see any money. we'll have more on that. we know that the u.s. attorney says that $2.6 billion has already been recovered combined with another installment that amounts to half. >> he owns a fabrics business that his father started in 1957. norman s.burn any company. he and his brother split the investment that they made with bernard madoff. >> bernie's loss on paper was about $1.75 million, in real dollars it was more like $700,000. his brother lost more. madoff is serving a prison sentence. the widow returned $7.2 billion reaped from the ponzi scheme. bernie doesn't expect to see any more of their lost money but he hopes someone will. >> the money they get back, the better it is for inve

wayne freedman met with a group of job seekers. >> in a county with 11.3% unemployment even a prospect bring hope. great for pam and 30 others. >> they said this is a leg up on the competition. so from there, you push yourself. >> a single father of three, he's been out of work for a year but now he has a shot of doing, this working for east bay mud as a plumber. they expect a third of the staff to retire the next five years. today the students graduated from a nine week program at laney college that taught them the basic skills. >> math, algebra. >> starting salary is roughly $35,000 a month plugs benefits. in the tough economic times, to be making that kind of money for a public utility, it's worth going for. >> i need it more than anything, even if i don't get a job. i take something with me. >> they expect eight or ten openings as what it describes as the near future. the hiring process may begin next month which may lead to a competitive twist. >> are they friends or rivals? >> they are my friends, but after we all pass they are going to be working together. >> so enjoy the cake a

wayne freedman abc 7 news. >> in oakland tonight one person is dead shot after a high-speed chase. abc 7 is there live with the latest on this story. >> and two have been arrested they're looking for a fourth suspect. sheez he's considered armed and dangerous. this all had to do with a shooting which occurred last friday here in oakland that involved this car. so they were already looking for that car and spotted it this afternoon at 2:is a. and they tried to make a stop ending up chasing the car. the pursuit ended at 13th street and 33 avenue near highland hospital. the car crashed into a fence and a home. the people inside of the home were not hurt. the four men ran. this is according to police what happened next. >> there is four occupants in that vehicle and they ran from police two. officers were following one of the people inside of the vehicle. and there is that person can d.have a handgun and was shot and pronounced dead on the scene. >> there is a large presence here. police presence in oakland regarding the man who died police say he had a gun and right now, that is all t

wayne freedman abc 7 news. >> and by the way see's candy is a who'lly own subsid dairy. >> and still ahead tonight sfo pilot raising a stink over airport security. you'll see trouble he got into when he aired complaints on the internet. >> the president signs a repeal of don't ask don't tell. a woman beat the pentagon policy years ago. >> and what these navy pilots were doing when they got caught hovering o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o

from point richmond, wayne freedman, abc 7 news. in concord, three teenagers arrested today for breaking into a school chicken coop and strangling two of the chickens injuries the young people all boys are charged with animal cruelty and burglary. the chickens were raised from birth by second graders as part of a life science was project. they were killed over the thanksgiving break. >>> police in oakland released sketches of two men wanted for sexual assault. they attacked and robbed a woman near the west oakland bart station and then forced her to take them to her home where they assaulted her two roommates as well. one is 5'7", 190-pounds with a mustache and goatee and the other is 20 to 25, 6'2", 175-pounds with hazel eyes. they were seen driving a black honda civic a spoiler on it. if you recognize either of the men or saw anything suspicious, call police in oakland. there is a $30,00 30 $30,000 rr their arrests. >>> the increasingly contentious debate over online privacy. the feds proprose an online version of do not call to s

and when i read about the lotteries, tom freedman wrote the article about the will the ree and i read "the new york times". i said this is it, this is a metaphor. it wasn't supposed to been charters although that is what some the critics talk about. it is about kids shouldn't have to win a chance at a great education. so different cities, different, we wanted different ages. and it wasn't hard there are families in every neighborhood in every district n every city of our country looking for a great school and they're not always finding it. in these cases they had a chance. >> but it's not just charter schools. charter schools is not the end hand all. >> i don't believe that at all. >> they are such a small percentage and not all charters are doing well. only a small percentage. >> rose: the performance for all charters are not better than all public schools. >> charters are a new experience, since the '90s, they are very new and many fail just like regular schools, bad teaching, bad management, poor use of money. but the high performing ones, the kip schools the ones that-- they are b

today wayne freedman met up with a group who are more equipped now than months ago. in a county with 11.3% unemployment a prospect of a job can bring hope. great for pam middleton. now there are visions of futures. >> they told us you're not guaranteed a career this, is just a leg up on the competition. so from there you... you look. >> this single father of three has been out of work for a year but now has a good job of doing thchl working for east bay mud as a plumber. the district suspects a third of the staff to retire in five years. helping fund a pool of replacements that reflects the community. today they graduated from a program that taught them basic skills. >> there is starting salary is roughryly $5,000 plus benefits. the graduates say it's worth going for. >> i need it more than anything. if i don't get a job i still will take something with me. >> east bay mud expects eight or 10 openings the hire prog ses might begin as early as next month which could lead to a competitive twist. >> are these people friends? or rivals? >> they're my friends. after the t

and sometimes i watch some stuff on milton freedman earlier and how he believes. host: thanks for the call. i want to point out another story that we've been focusing on both from the "washington post," from the a section and its editorial u.s.-south korea reaching a free trade deal. back to your calls on the issue of the 9.8% unemployment rate. from the twitter page h next is frank joining us from virginia. good morning to you, frank. caller: good morning, steve. i've been laid off since january of this year. host: what did you do before you lost your job? caller: i was in the waste industry in middle management. it's a funny thing. i left construction 20 years ago so i could stay employed. full time in construction industry, as an operator, i was laid off almost every wind winter. so i wanted to get into a better job, an environmental type position that i never thought would go away. and consequently, with the turndown of the economy, trash is not going to land fills. therefore, they're cutting out middle management. and -- host: what are the job prospects where