well i think he did overstep i mean i think i agree that he is probably trying to say this constitutional assembly which has been nixed once before and the parliament he tried to reopen that in the judiciary next to him and i go of course the judiciary is a holdover from the mubarak era so nobody's completely clean here but i think he probably did overstep and try to get power but i don't say that the system is totally broken and i think we it's barely been revised here and i think we have to see how it plays out certainly people as i say in many countries people try to overstep by grabbing power and you have to have some check on them whether it's the streets or the judiciary or something and of course checks and balances are a good thing whether they're informal or formal i think they're more informal in egypt because they don't have their institutions are in a state of flux so so we have to wait and see and i certainly think this man has been elected which is of course more than mubarak and the rest of the rulers before him more so he does have some popular legitimacy that through the

was around -- i was around, i was a round -- the teddy bear, i got it at 3:00, but i let him free at that time at the three years old. i let him free. i think i was around five years old that i started to take care of him. first, very important, i was -- [unintelligible] seeing on my grandmother. she had white hair. so i was putting on the the bear a little color that was kind of blue. after that, i do not know why, but i said he has to change. so it was more red, which was a strong color, too. then i try to make it black. that did not work. the texture of the paintings, because i was putting paintings on him, did not go with it. so i had to destroy it and start again. blue, red, start again. all the make up was the makeup of my grandmother. you can see an exhibition a teddy bear. i should say that he is a little nice monster, but it is a little monster anyway. you know, i have some affinity with air. i'd love the air. i love to touch the air. >> i hope you like my hair, because of a drag queen's last night were trying to touch it. [laughter] >> for the moment, i am not yet a drag queen. but you can look at that photograph of me. thank you

i think if i didn't know-- i think if i didn't know somebody i would have been going what do you mean, what dow mean, what is this? how does this help the story. what is-- but i think there was a real feeling that you've got, it's not just me and joe, it's the producers, it's the costume department and the sarah greenwood his designer. it is a group of people that have worked together on a number of occasions. and i think at that point you have to do something that scares you. an you have to kind of not be safe. and you have to kind of try and push the boundaries. and i think we all felt like the idea was a little bit like jumping off a cliff. but we were all quite willing to do that together. >> rose: why not, at that stage. >> exactly y not. >> rose: it's only our career, it's only a bad movie or a good movie. >> well, i mean slightly-- . >> rose: you don't even think about career. >> no, i don't. i think you have to really be pushing yourself. i think otherwise it's just not interesting for an audience. you know, if you see people doing exactly the same thing again and again and ag

i suggest to you and i am not embarrassed by the fact we're are the innovation city and it's a lot of money and i think we should be innovative with that money and don't you feel bad because you're government and always a lagger? i don't feel i am. i come from the private sector and i can be as innovative as others and granted i don't have certain challenges and i don't have shareholders breathing down my neck but i have other challenges and remember that most organizations that centralize to do it to save money. most are about the performance they're achieving and they out source to inch krimentally save more money and a cost savings discussion and if we use technology as a driver and this is from the department's perspective i think we're kind of squeezing blood out of a turnip at that point. i think the question is are we getting our money's worth? do we clear clee understand for the money that we spend on it in the city are we achieving what we want to achieve? for that money should you be on the old email system or a new one? i think one the challenges is how much are we spending all the time are

>> i should say that i have, to be honest, i did not see very clearly by what i was inspired. i do not know if there is, like, a first-time -- i think it can be everything. but i know i was touched by the things that i think a beautiful, and things that are from the street. like maybe why i also have a kind of obsession, i love to work with denim. it was not so well cena that time. i am born in 1952. in 1958, some boys had denim trousers. for my parents, they felt it was not very elegant. so it was not so nice, not so clean. so me, i fantasy about it. and maybe i was looking more and people that were wearing that kind of close, sometimes going to buy a jacket. there is a movie of marlon brando. but i must say, i remember it was a time in the 1960's, it was some boy from the suburbs. i suppose little gangs who were supposed to be bad boys. maybe i was a very polite boy. i was a little fascinated by bad ones. [laughter] it came from my fascination with movies, with james dean, most of all marlon brando. all wore rebellious close. i find it very attractive and very interesting. of course, i should say that i love a lot of other things.

i welcome the dialogue. i welcome the question. i certainly want to continue the dialogue. i think we are making progress. there are challenges and what we can do and i will own what we can do to make things better but these things to happen, the open conversations, the honest conversation bs what is working, what is not working and will help us in the future in the city. thank you president chiu. >> thank you. i want to thank you for your work you have done at department of technology and tough economic times and the fact of the matter is your department has been subjected to the lion's share of budget cuts we were forced to do and not asking departments to make similar cuts in their it situation and i think that is part of the tension and why we shouldn't know been able to make headway. you allude to the fact until you get direction from the top about need of centralization you had to form partnerships and you as the head of department of technology can't tell other heads to cooperate and you have to work out and partnership. one of the things that i wished the grand jury spent more time on. this is the

so i think it's a great situation. i think it's a win-win. >> miss selby. >> i think i didn't understand the question in the first place, because when i answered it i was wondering why are we only authorizing non-profit housing organizations and why not authorize everybody? i don't think i really understood the question as to why specifically non-profit housing organizations? i think if you are going to have restrictions on short-term rentals, there should be a way to be able to make sure that that happens. whether it's through a non-profit housing organization or through another means in the city. then i think you need to be able to enforce legislation, if you have it in place. so that makes sense to me. >> thanks. mr. everett? >> your question reads like a law school exam question, by the way. [ laughter ] >> it's not my question personally. it's the committee's question. thank you. >> with that being said, the issue here is -- the real issue here is the paying of the plaintiff's attorney fees. and what is going on her

>> i think he wants to succeed big time. and ithink he will and i think the economy will be a help. but neither side can roll over in term t things they feel strongly about but i feel that the rhetoric should be very civil all the time and i think that you look for ways to work with each other. >> does this send a big signal to the country if he would appoint as secretary of the treasury someone like jamie dimon? or jamie dimon? >> well, i think that might be a big signal. >> rose: appointing jamie dimon as secretary of the treasury? >> i think he'd be terrific because i think he -- if we did run into problems in markets i think he would be the best person you could have. >> rose: he knows that much about markets -- >> and i think world leaders would have confidence. >> rose: so when you see a problem that jamie's had with london and all that, what do you mark that up to? >> if you run a $2 trillion institution -- if i run berkshire for decades, some things are going to wrong go wrong. if you run an army, if you run a church, if y

think this to said i think it's healthy i think the focus is on him i think he's going to learn a lot and the people will and i i think right now we can't condemn the bad power grab maybe but i think it's difficult to make that let's say so i think a little let us not see the fact is in the next week back to cairo it's going to have a spare time let's go back to cairo. yes let's not distort the facts they went out on thursday before the decree to celebrate today's protests were called off but on thursday before the decree they were celebrating and they didn't know what they were celebrating and the fact of the matter at night as everybody knows were about as franklin has ignored the majority of people on the street i've been out on the street we've gone through marches in places that have been anti revolutionary and they are very upset about the muslim brotherhood and shubra people are asking are you a when are from the people this is a very dangerous sign and the president morsi should not ignore it at all and what i see rig

think so. i don't think so. i think i would have written this book just the same. >> rose: and is it a better book, in fact because you have had in whole journey and migration from being poor, start manager the middle class with good schools, been poor then enormously rich, do you understand class better than most people because you have been everywhere? >> possibly. >> rose: possibly. >> yes. possibly. >> rose: so what do you know about it, that we all are alike in so many ways. >> yes, completely, i mean. >> rose: we are all jealous and all have rage and worry and worry about morale at this and mortality. >> a hero is quoted in this book as you know, family is important, but one of the families who is very crucial to the plot and the hero is -- he said and it is just the most beautiful thing, he treated know/foe and friend alike on the battlbattlefield and when askedy he was giving aid to any wounded soldier, not just his side he replied, i can't differentiate between them and the light of god shines from every

mean are you i agree with a lot of what you say i mean i do i mean i think it's i mean i think financial set financial system is crucial for successful economic development you know you need a financial system to channel credit wealth to people with good ideas but no capital so so you know one can have integration in the financial system as well but i completely agree with you and you know in some sense the financial system bounced out of recession in even worse shape because it's even more concentrated than it was before you know because of all these things going on but i would so you know the political system has to get that under control but there's lots of you know there's lots of ways not to do so for example this business so if you think about it is an example you know if you think about the problem is fundamentally political but the problem is that the financial sector because it has so many connections in washington or because it's too big to fail is too powerful too powerful politically and regulation is not the obvious solution to that because regulation can be captur

hear this phrase affordable by design but i think it's barely affordable by design i don't think it really reaches people in a m i's that need deep' fordable and i think the people in 50% of a m i range are already in the market it's not that they have nowhere to live or nowhere to go. and so, as i it stands now, i do support the cap and the supervisor and is the process they have gone through with the community. >> commissioner guyyo. >>> yes, a couple of things mr. [name?] is in the audience and i had a short conversation with him today and may be you can give us since you participated in the process of arriving at 375 can you spend a couple of minutes informing us as to the participants and process that got you to that figure. >> thank you commissioner i actually did not participate. the conversation about the number i would defer that to sarah short who was instrumental in facilitating that dialog but if there is another question that you would like to ask me from the perspective of couselor committee housing organizations. >> you were mentioned in a list of supporters. >>> yeah, well we have a coalition of man

i mean i think that we are i would be one of those for us who don't have a trading experience but i think i do pretty well given what i have and i think for example my goal is look out for the little guy look out for average people and so i'm not sure that i want somebody that i'd want five commissioners who are all about wall street that's i don't think the way to go so i think we have a diverse group we all bring our own things our own different experiences and skill sets to the commission and i think by and large we do pretty well are there is always room for new blood and i hope that happens to there you have it bart chilton commissioner of the c f t c i you can catch our full interview with him on our website and still ahead we'll hear from professor dan ariely on why executives on wall street might not feel bad about cheating at their customers and in loose change will spend a few minutes on the fed's most recent nets discussed later in the show the first their closing market numbers. resistance is not of politics but a culture of. old. is could dance. on its own. cultures of resist

what do you think it symptomatic of in your view. well i mean i think it's. i mean i i mean i don't want to belittle the problem of the school but i guess i would say you know it's a sort of game of chicken you know that the people want to settle the problem different you know the republicans would like you know we're going to look one way the democrats would like to kind of in another way and i guess i would sort of you know it's symptomatic of a particular type of political group more at the moment in the united states which is we could you know because of changes in the policies of the different parties but i you know i don't i mean i don't want to belittle that as a problem but i guess i would sort of say you know this is all relative to the big picture about you know why things you know work and the way they do in the united states so i would guess that the politicians will you know they'll sort of people put pressure on them to come to a reasonable agreement at the present rate are when you look at such a big scope of this country i know. you you know i

>> i think so to him. >> that, i don't knowment but i think they are not very far making at nal sis that i make. >> is that progress though? >> or has it been prepared to do that. is that some fact that you and-- have had some impact in all these dialogues so that the russians are prepared to make that judgement? >> their analysis is -- >> next time you have-- here you ask him, will tell you. >> you told you but you don't feel free to tell me. >> i don't speak on his behalf because i am afraid i will not be faithful enough in giving you all the nuances of his position. >> but when you say it to me. >> what i repeat to you is that talking to all these people, members of the security council at least at the level of foreign minister, i'm encouraged to see that their position is not really very far from one another. >> let me be sure i understand that. >> position of. >> of the members of the security colin. >> is not very far from one another. and that is why i am saying please give yourself a chance to work out the little differences that still exist between you. and that you must do it b

think that will happen very soon i think i think with a firm. it's going to become it will be easier than it will it was with music i mean the problem with music is people want it and they want to listen to it repeatedly people rarely watch a film more than once or twice well this british film festival that's going on in moscow and that we've already discussed that show that russians really love british cinema here's what spotlights even the demeanor found out after attending the opening of the new british film festival in moscow. film critics assured british cinema his feeling true and i read and they said this summer always forest over there at all the age russians now have an opportunity to see if it's true at the end your new british film festival which is touring some of the countries but say this is the starting point is the capital which means the films are first seen by the hypercritical moscow public the crowd at the opening was promised to see the inside and the cooler of modern british cinema talwar from the view wa

playing well i don't want to say that i should makers now go ahead. i think i think you hit upon an absolutely critical. factor here which is that you can look at this issue solely in terms of israel and the palestinians and israel's actions towards the palestinians because the us is an absolutely key and i would argue extraordinarily destructive player in this process and i mean you know if you want to have a proper understanding of american israeli relations you should probably do better . you would probably do better to consult specialists in erotic literature than historians or political scientists like you rob i mean it's you know has achieved simply mind blowing proportions and therefore again picking up from an earlier point i think it's absolutely essential to restore international law as the and un resolutions and so on as a criteria on which this issue was dealt with rather than kind of these more political factors in other words holding israel accountable for its actions in the west bank and on that basis seeking to reverse and ultimately declare i

and i don't think i would disagree with that characterization at all but i think there are elements in this agreement particularly if it leads to a genuine easing and eventual lifting of the blockade. that help explain why so many palestinians feel that they came out of this strengthened and improved situation but at the same time ironically it's precisely because of the point you're a made about israeli public opinion and so on that the next round could be sooner rather than later in terms of israeli politicians particularly. as expected netanyahu was reelected being heavily criticized for basically and being up at the end of this in that position no better and arguably worse than where he was before it began. did you think netanyahu miscalculated. well i think in general the whole of the security apparatus the decision making during this operation. was. i would say. very difficult from the perspective of the israeli public opinion the major problem was not. in the eyes of most of the israelis the major problem was not the operations against the palestinian population and the gaza str

i think that i am part of that, but to think that me, i'm mark -- i do not think so. it is not exactly my purpose. it really seems very selfish to do what you love. >> i'm glad i managed more or less to silence you with my question. [laughter] i would like to say that i believe you have marked fashion history in the best way by creating clothes, which have been a mirror to society as it changed and as it happened, and you will be known for that as much as for the beauty of the close. thank you so much for giving us the chance to talk to you. [applause]

i had one question about the use of order of determination. i probably just missed it, but where do we use that term? >> chair hur? >> yes. >> i don't believe it's used in the regs. i think it's just kind of to identify what would be a referral coming from the task force. >> okay. would it be -- i mean we do refer to "referral" quite often. i guess i'm just wondering whether we should have it, if we don't use it or if we have it, do we want to use it in any place that would add clarification? >> the order of determination is usually something that accompanies the referral from the task force. it's usually their initial finding that a violation happened. so i think staff was just trying to -- because this are the two-track process. one that would have a willful aspect to it and one that wouldn't and they are handled very differently. they are basically setting out there is an order of determination and when we get it, this is what the commission will treat it as. that is all. >> the actual document is called that we would receive? >> correct. >> why do they have an order of determination with respect to willful violations by elected officials or departments? >> the task f

i think that has a chilling effect. i, i know is counter-intuitive, look, if you're a traditional bank. you take deposits pup make loans. oops how you make your money. >> it's very simple. >> rose: it is. . >> if the rate you're getting is very low on these loans, like a small business loan, you don't know what's going to happen with the economy for six months. >> rose: have the attitudes about markets changed at all because of what we went through in 2008? >> unfortunately, i don't see a lot of difference in how the markets are functioning. that worries me. there has been some reduction in the short-term lending but the money markets are out there with a very unstable business model. we still have derivatives. a lot has been moved into centralized clearing. >> rose: that's good. >> that is good. unfortunately there were a lot of things we knew pre-2008 that are still problems. >> rose: the book is called "bull by the horn" sheila bair and dedicated to her husband, the saint. thank you for coming. >> thanks for having me.

i see. okay. i think i understand. i mean, anything that falls under a1 [#2*-/] would not be a referral by definition. right? okay. my last question had to do with the scheduling of the hearing. and i know we talked a lot about this at the last meeting. having had to work on -- and commissioner studley knows, having to work on the agenda and figure out how to fit things in, i think it would be helpful to add a caveat about when these things get scheduled. if we could add something, like, at the next regular meeting, if practical, it would be helpful. it should be our intention to do these as quickly as possible. in the event that we have an unexpectedly large agenda for a particular meeting, we may not be doing the respondent or the complainant any favors by adding them on at the end of a long night. so i think something like that might provide the commission with necessary flexibility. >> i think that flexibility makes sense, given that some of our responsibilities are seasonal or quite urgent. i would just suggest tha

i do, actually. i think it's exciting. i think it's innovative and i think if done properly it could actually make this country even more democratic and fair than it is. that's why i'm a bill jill stein supporter. >> bill: tell me how your vision would resolve. how would it be accomplished. >> one thing have to do is come up with the right threshold. we are talking about a wealth tax. as it stands right now. the wrong people are at paying taxes. wealth tax what it would allow us to do is take people who may not have a ton of income and have a substantial wealth make them pay a greater share. >> bill: so say you are a sire of the kennedy's, all right, and you have a trust fund that provides you with 5 or $10 million a year you marc lamont hill are going to say to the kennedy heir, what? what do you have to give me every year out of your trust fund? >> i think a good number, one number that's been tossed around by experts is 1%. >> bill: so 1% of every year of whatever your net worth may be. >> right. >> bill: you have to send

i think my dad and i have sort of inherited a lot of his social beliefs. and i think i carry a lot of that into the film making that i do. >> why did you decide to study history? >> i didn't know what else to study. i really didn't know what i wanted to do with my life. i didn't have a lot of direction. i played sports in college. i always had been fascinated by history, by the civil war, took a trip in high school to getiesburg and loved history so i decided to major in it. i think it taught me to be analytical, to think critically about events. i really tried to learn from the past to affect the future. >> why film though? what did you think film would do for you? actually -- did you do film or did you do tape? >> tape. video. >> but why video? >> again, i think i sort of stumbled into it. i sort of fell in love with the process. and i think film has just an amazing power to really tell stories in a way that touches audiences and touches people viscerally in a way that the written form can't do. i mean, you can really speak great social truths through the powe

i got as i said earlier, i think i got to know bashar al-assad fairly well. nly the image, i think certainly in beginning it seemed to be different than the typical middle east dictator which led many people don't he would infinitely change the system. bashar was perceived as mostly relatively a normal person who vincentian the brutal crackdown on the uprising, think about perhaps human behavior in general. now even so-called normal people succumb to power. assad lost his way. are those who argue and perhaps they are right there was never any way to lose. he was asleep in the very beginning. i would argue instead. eyed he convinced himself or was convinced that his whelping was synonymous with the well being of the country and that what he was doing in terms of violate putting that approach is not meeting the demands for change were both necessary and correct. in a way to become more with power, and i saw this up close and personal over the years. is not necessary of the thing except it's an authoritarian system. in these cases, roger owen has written his late