and a couple of months off a billion dollars will go towards medicine pharmacy tech recall sure an important placement the deputy head of the russian central bank says much of this money will probably come from the middle east but the fund still has much work ahead to make everyone believe their investments should you see. him as the main thing of welcome to the show thank you for coming well if first of all i wanted to ask you what makes you were for the new fund you having different from other investment firms that are existing in the country because people have been investing into russian economy for a long time i'm sure sure one of the key features is a core investment future so we will be able to invest any money in any business unless there was at least the same amount of going vestment coming from lead in international investors so that's a very unique feature and it's very important because it always allows us to have second pairs of eyes looking over investments we are doing that allows us to bring foreign investment into the russian economy before you were appointed president of th

vestment coming from lead in international investors so that's a very unique feature and it's very important because it always allows us to have second pairs of eyes looking over investments we are doing that allows us to bring foreign investment into the russian economy before you were appointed president of this new fund you were president of the i can private equity is that true what was so special about this company what was so special about the job you did there that made you fit for the need and position that made president pick you personally for this new position sure well we've been doing investments and i've been doing investments in russia for the last ten years and it's very important investment businesses to have a good track record so not only to make good investments but to have good ags that's so i've been lead into firms one is dealt a private equity another and i can private equity and we've really been very successful in making investments in financial service sector in me just service sector in other sectors since the economy so i'll give you an example when i was a delta

it was important to keep an eye, it was important for it to remain a robust and vital democracy and one that protects human rights and journalists rights and secretary clinton spoke that. but i will tell you-- and, again i'm not a... again, i'm not a... prone to overly positive statements about things given my job. we've had a productive relationship with the turks and they are an important player, a hinge player, if you will. >> rose: to the muslim world in and to the region? >> in that pt of theorld. and they he a... you know, a strong prime minister. a ry active a creative foreign minister and we have found many things to work on together with them, frankly. including, by the way, going all the way back to the beginning, syria. and the syrians have really, i think, as i said, hurt themselves very badly. >> rose: can you do anything to bridge the fissure in the relationship with israel? between turkey and israel? >> well, we've been engaged in helping on that wh asked and engaged and doing everything we can to do that. we'd like to see that. >> rose: is it getting better, in your judg

and we can say that that's art and that's important or is it more important for you to realize that there's the discovery that tells you something about the origins of life even if that image is not pretty i would say it is the increased understanding of the universe that comes even from an image that is not very pretty to me that has much more value then there's something that's beautiful although that of course does have value itself but you ask me as a taxpayer i think. that depends upon your values do you value art and depicting something that is beautiful more. fundamental understanding you also said that we're now experiencing the cold age of astronomy you still of that opinion maybe you are even with budget cuts. because this extends over a period of some years we're going through difficult periods now in the past few years but when i talk about the golden age of astronomy i talk about the the space missions that we've had in the past fifteen years and the large ground based observatories in the new or the technological developments that have enabled us to do things like adap

the last lines are important.for instance, in at the city of amsterdam, 85% of the trips are faster by bike then by car -- then by car. i do everything by bicycle. i am a slow cyclist, and i am still faster through the city. that is why most of the people in amsterdam go by bike. if your interested in funny and nice invidious, go to youtube. but you will see a lot of videos in which the bicycle and the car cooperate. these are some pictures and examples of how the public authorities can invest in cycling. this is a parking space for a cyclist. tend thousand bicycles can be stored there. -- 10,000 bicycles can be stored there. you can build a shelter for about 30,000 bicycles. now, what can employees do? many employees are working on the bicycle programs. this picture is a picture of a bicycle shelter at the company where my wife works. it is quite luxurious. that it is a lawyer's firm, 500 lawyers work there, and most of them, by bicycle. -- and most of them come by bicycle. many companies give their employees the

that's an important part of what we should be focusing on.ry bit as much a deficit when we let our bridges decay, when we fail to fix our roads, when we allow our schools to collapse. when kids have to go to school in classrooms where the paint is peeling off the walls. that is a deficit of maintenance, that is a deficit of preparation for the future in just the same way that borrowing money is a deficit. by addressing that deficit, we can put people back to work. >> and you make the point in the ft that by doing this, by creating more demand, by the government effectively spending money one way or the other, you actually make the deficit better because you get gdp growth up which produces more revenues. how sure are you of those numbers? >> the most important determinant of where the deficit will be three or four years from now is how fast the economy grows. if the economy stagnates, no matter how we do with deficit deals, the deficit will be in a terrible place. that's why growing the economy is so important. >> you say you can do it. there

oil is actually not that important because the u.s. doesn't consume any sudanese oil because of the sanctions that the u.s. has on sudan so this has as much to do with the history and the bloodshed that ambassador campbell was talking about as the oil it's not just an oil story me if i go to you when you know what kind of precedent is being said here could we see even regions within south sudan start breaking apart or even the north seeing seeing the state of the north start collapsing if once we see whatever moves he makes one way or another it could destabilize the north as well we've been focusing a lot on the south and what about the north yes that is absolutely true and it's and yeah i have i hope it doesn't happen i mean the ambassador is right that there was mean going on for a long time but i would think you do even further you know i'm from don i'm going to begin to bring in one nine hundred fifty seven sudan actually became independent . and the tensions that broke out in two non-self actually you can see it's. and sold it in

the issues which are the most important to accommodate -- they choose which were the most important to accommodate, and those are pedestrians and cyclists. i think we're doing what is necessary to reach the goal. this is our mayor, a photo opportunity. it is a possibility to be seen. thank you very much. [applause] >> thank you very much. our next speaker is peter. peter is supervisor and senior adviser of the traffic and transport division at the chamber of commerce, amsterdam. they are partners with businesses and public authorities to develop a robust and economically healthy region. they supervise a team of professionals in the port industries, barge, rail, and road transport. sounds like mta. the chamber of commerce amsterdam is known as an element of innovative approach to connectivity and mobility. he is strong and establishing unique partnership to create groundbreaking solutions. he started a task force formability management for employers and employees to reduce car trafficked by 10%. -- he started a task force for mobility management for employers and employees to reduce tra

-- maintain this important infrastructure. also i want to thank the hyatt regency behind you, garrett delhi chocolates, and all of sfmta staff for making this a success -- chirar -- ghirardeli chocolates. thank you. >> i believe we are going to have a ribbon-cutting ceremony now? >> 1. 2. 3. all right. [applause] good afternoon and welcome to the rules committee for july 7. i will be chairing the committee today. i am sorry. we have to start again. good afternoon and welcome to will's committee for thursday, july 7, 2011. i am joined by committee members supervisors mark ferrell and sean elsbernd. we are also joined by scott weiner today. i would like to think the staff to make transcripts available online. madam car, do you have any announcements? >> the items that are recommended will go to the full board on tuesday, july 19 unless otherwise indicated item one, a hearing to consider appointing three members to the ballot simplification committee. there are three seats and three applicants. chairperson kim: i believe all the

important important for all of us. the third thing is brands matter a lot. and coming from silicon valley, you know, working in technology and internet for the last 15 or 20 years, one of the reasons that got me to leave google was i did not believe that everything was going to be user generated and brands were going to matter in the information space. and i saw people retreating from some of the major brands around information and decreasing investments in them. i think brands are going to be more important in the future. i think brands are the way people navigate their lives. and the research that we put in that, points to the fact that a majority of users on the internet today is less than 30 sites, and about 50% of people use around 10-14 sites. and if you think about that from a macro standpoint, the internet is exploding people are starting to use brands to more navigate with information and how they get information. and i get this question also from investors a lot is, what is the big focus on brands? it seems l

i do realize the importance of the entertainment commission. i have certainly noticed it in the first months in office, the tension between neighbors and entertainment venues. it takes a lot of thoughtful work. i think ms. sweet did a great job. i am incredibly impressed by the turn of both for mr. meko and anna conda, glendon hyde. it is great to have a lot of friends that are going to turn out for you. i think i could go a lot of different ways in this regard. today, i will be supporting d. gill sperlein. i was very impressed by his presentation. but to the other candidates if there is another seat open, i would very much welcome considering a. -- considering you. but i am with supervisor weiner at this point. supervisor elsbernd: over the last few years, i think i have fallen into the camp of folks who has become increasingly frustrated with the entertainment commission not necessarily being as responsive to all the various interests, and frankly i remember when president chu introduce legislation strengthening the entertainment commission.

this is a very important group. the conservation strategy funding was taken in 2011 and this is building on the domino effect. people tend to work for the other third world countries. they are brought to stanford and they are taught economics and economic analysis to get a tool belt, so they can stand in front of the decision makers and really talk about the language of development, which is economics, and help make important decisions. this is a very unique model and this is a collaboration that we have just gotten into. the conservation strategy fund. if you are not familiar with earth watch, this assistance, science and action. you can help scientists do real work, to advance the science and conservation. you go to -- she is working with leatherback sea turtles, measuring them and getting important information. this is one of the most misunderstood animals, one of the largest reptiles on this planet. you can help the scientist do real conservation work. what is amazing is that we have board members who have come

is also important is that this marks the aaron. a conflict which has gone on for almost a generation. i mean the warfare between between the north and the south has marred africa for for more than twenty years i want to take this opportunity though to jump in with respect to the mutual dependence of the south and the north on each other and with that particular focus on oil it's perfectly true yes indeed chile dependent the question becomes whether the leadership of the two and here i would particularly focus on whether the leadership of the two recognize that fact and are willing to take that reality into account as they develop their policies that's what we're going to have to watch over the over the next several weeks. to share concern about the bulletin runs of comments that bashir has been making over over the past week or so i will be watching with a great deal of interest about what he actually says on independence day and the day after when you think about that jonathan the meaning if there if we have by sheer is not so sec

he's an important guy. in new york where i live if you're walking down the street and say there's cass sunstein he runs oira, people say i don't think i've eaten there yet. [laughter] but it's actually very important. before joining the administration, mr. sunstein served as a pro law school and i am mentioning that because the university is my own all modern cell you can -- it deserves all the attention they can get. he specialized in administrative law, regulatory policy and behavioral economics and he's a prolific author i think "esquire" magazine referred to him has writing books about as often as most people use their dishwashers. but most recently he coopted what is an important book and i was just saying i had the honor to need to read it. it's called "mudge," and it argues all of us can make better decisions. for a simple, on health through a judge's order better presentations of the decision shoelaces. it's a fascinating and important book which he co-authored which the professor the university chi

it's very important to invest to build successful businesses and for our the businesses to. strive to be as successful as businesses were people invested you mentioned the value of your project so i knew the price of temporary planning to present a new projects which is couple of months from now what will be the value of the projects you're going to present you know we have to be very realistic we just basically finished from asia as a management company on june first and we in the process of hiring people and we'll be able to hire them closer to supply and bring october so in the investment process typically takes five to six months so i think we will realistically discuss and was quite investors some projects in pharma industry some projects in. utilities and infrastructure some projects in the health care sector and we believe that by example of the year we'll do transactions of around five hundred million dollars but that is by the end of the year in september we're just starting discussions of some of the most interesting and exciting opportunities that we still need to

on an important week, we have an important show for you. first up, former treasury secretary lawrence summers on the debt ceiling crisis and on what is really america's most serious crisis, how to boost economic growth and jobs. >>> then new tensions and tempers flaring plup the hot arab summer. we'll talk about syria and egypt with experts from the region. >>> another consequence of the recession? green is no longer hot. we'll explain why that could be good. >>> what is the cheapest city for a world in an american ex-pat. we'll get to the debt ceiling in a moment. i wanted to give you my take on something else of importance that happened this week. amid karzai was gunned down by a close family associate. he was hamid karzai's half brother and ran the crucial southern provinces. his death has been described as a huge setback for karzai and the international coalition that is trying to support the karzai government in kabul. let's try to understand why he was such a crucial figure. it provides a window into understanding the future of afghan

and it diminishes the importance of an extremely important work. we will talk about that more but he does not give enough attention to its evolution and as the nation of islam has a problematic politics, he doesn't effectively deal with some of the reasons why the nation of islam was as effective as it was in mobilizing people. so the book ends up -- doing a great deal. it is an excellent way to end a career. i am so sorry he is not here to participate. with that said there are some questions and we have to wrestle [inaudible] >> i will not take -- i will take an manning moment. i really loved him. i really loved him mostly because he was incredibly snarky. i like nice people but i prefer people who are a little harsh and snarky, make the observation. i remember sitting and listening to people who were very important stalin is giving lectures in a room with manning and looking over and catching his expression and thinking of k, all right. having known him i know he would not want it to be exclusively a showed he loved you was to criticize and throu

so, it's very important for us to look at community resources, as kathryn mentioned. absolutely, and hector, you're in the thick of it in the community. take us through a cycle of some of the folks that you counsel and that you work with. the most important part, when we think about these veterans and when it comes to homelessness, for me, the key is how do we get the information to them? it's hard for them to get to a phone or seek, because the level of hopelessness, it is just completely eroded. so i try to get to them in a way that they will go ahead and seek and lead them to the local va facility. now, some va facilities in local places, they may not have a facility to take these people. i mean, this is what they talk about at certain times; we don't have a place nearby and transportation, a lot of factors that fall into this. and what i try to do is get involved at a level that they don't get left by the wayside because the assets are there, the programs are there, but we need to get them involved and bring them forward so they can go ahead and have access to all

i think that's really important. i also think that social media provides a really low cost, low barrier of entry, easy way for people to take action where they might not have been able to otherwise before. whether it's volunteering for a cost, sharing their opinions with others, getting other people involved. our civic health index, we produce a report called the sieve health index which reports attitudes ans behaviors of our country and communities and it found that in a lot of ways the internet is benefiting civic health. people, especiallymy lenials, people like the ones in this room, and those of us from this stage as well, young people who use the internet for civic purposes are more likely to be involved offline in that you are communities as well. there have been a number of other studies that have found this. there was one recently put out by the y.p.p. network of circle and the mcarthur foundation that found the same thing, that people who pursue their interests on the internet are more likely to vote, they'

that is what is important to him.a mayor that is already active in the community, someone that is equally as passionate. i worked closely with the mayor to make sure that the resources and the voices continue to be part of that administration. we do everything we possibly can to get high-quality education that we deserve. will continue to have as loud of voice as possible and they get the dollars the reserve -- and deserve. in terms of the poor people spending, will be able to provide a high-quality education and other states have upwards of $15,000 to educate their youth. we to think about how we come together and not fight about the concept that we do have. this is what is helpful for me as a leader. thank you for coming out and sharing. >> i wanted to say thank you, i have heard some of you speak and of the power and the passion that you have for us today. you're able to share with other leaders. hopefully, this will have a ripple effect to the rest of the city and to the rest of the state and the rest of the count

really important. education is important. a mother who is the oldest of four children was told when she went to college, you have two choices they beat you may get out in three years are your sister wait another year. there is enough money to send to children the same year. i'll give it a try. she went to auburn and graduated with a degree in math. unusual for a year teeseven a girl her age and got out three years and became high-school math teacher. again, we've got your education. my sister who i mentioned earlier, a story about raising money for cancer. my sister has arthritis. if you have never seen anyone that has this disease, it is an incredibly debilitating disease. she had days six our seven years ago when she literally could not get out of bed. we literally had to lift her out of bed. she began taking a drug called embroil and it totally transform perlite. she did not fix anything, but it stopped all of the progress of the disease. my sister having been -- having conquered that, decided she wanted to raise money for

he's an important guy. in new york where i live if you're walking down the street and say there's cass sunstein he runs oira, people say i don't think i've eaten there yet. [laughter] but it's actually very important. before joining the administration, mr. sunstein served as a pro law school and i am mentioning that because the university is my own all modern cell you can -- it deserves all the attention they can get. he specialized in administrative law, regulatory policy and behavioral economics and he's a prolific author i think "esquire" magazine referred to him has writing books about as often as most people use their dishwashers. but most recently he coopted what is an important book and i was just saying i had the honor to need to read it. it's called "mudge," and it argues all of us can make better decisions. for a simple, on health through a judge's order better presentations of the decision shoelaces. it's a fascinating and important book which he co-authored which the professor the university chi

the most important thing to him is the most important to our customers, transit and parking and traffic. pedestrians, the whole thing. is a comprehensive view. we are confident we have chosen exactly the right person at this time. the next part of the agenda was to invite mayor lee to say a few words. that actually, he is on jury duty. i would think it would be a benefit of mayor that you do not have to do that, but evidently not. he is a real citizen, the mayor. instead, we have from the board of supervisors, david chiu. [applause] supervisor chiu: thank you, and first of all, i want to thank the incredible men and women who are serving at the leadership of the mta. many of us at the board of supervisors were anxious and curious about the position that would be announced today. i can tell you from the board and, we are all incredibly gratified with the wonderful decision made today. congratulations for that. i also want to obviously say a few brief words about ed, and then we all want to hear from him. i have known him for three years. before i was elected to the board of supervisors,

that is really important to us. one of the things we need to prioritize is that making sure we focus on the nuts and bolts of government. a lot of the calls we get involved fixing alights, replacing a pothole. i think it is really important to make sure we get those things right and we try to work very closely with the city agency to make sure government is responsive. if we do not do those things right, those little things, which are big things in life of a neighborhood. >> how you reconcile the needs of your district with the needs of the city? supervisor campos: i think it is possible to do that. even though we have these great districtwide elections, i think district election still allow you to deal with larger issues. we feel that we certainly have demonstrated that as a board. individual supervisors have demonstrated that. one of the pieces of legislation we worked on last year that we are very proud of is the health services master plan, which is legislation that for the first time has a city like san francis