something i would incentivize these industries. does anyone disagree with that, dr. scissors? >> why did you think it would be me? you actually touched on where i would disagree with it. we move from clean to renewable and i'm going to say that i would want -- if you impose a standard like that, to invent incentivize, the broader it is, the more chance you have for the industry to pick the right technology path not to be bound to what we think today is the good renewable energy and the productive renewable energy and the one that we're using ten years from now. >> but there are a lot of renewable energy. >> right. and i agree there are clean energies that some people would not count as renewable. if the goal is purely to be clean, then let's just be clean. we are not in danger -- if the goal, we're worried about running out of something, then we have to change the standards. without -- my advice to the congress first would be, be as broad and as nonspecific -- >> your issue with me is -- >> the slipping of that definition, where the narrower the definition becomes, the worst t

we need to do all we can to incentivize job growth within our small business community. we have done a lot here and -- to other pieces of legislation to stimulate job growth and this goes along those lines and is focused on our small business community. it is anticipated it will create hundreds of jobs in san francisco and promote small- business expansion drive our city. i realize this is coming now at a time when we are debating shifting our payroll tax to a gross receipts tax but as i told people in committee and otherwise, we cannot legislate here on a what if basis. this is something important to get down now. if a shift to a grocery receipts happens in one form or another, so be it. we will continue to put job creation as one of our number one priorities. i ask for your support. supervisor avaloscampos: when t idea was first floated to us, my response was to reach out to our small business community within district 9 to have an understanding of how they would feel about something like this. and i want to thank supervisor farrell for the fact he was willing to sit d

senator snowe and i have been working on an idea to try to incentivize windmill farms off the east coast and use a lot of that for the hybrid vehicles that are going to be built in the decade to come. one of our ideas, to say on the investment tax credit, rather than just providing a production tax credit which we don't to incentivize the building of windmills on shore. what we suggest is a different type of investment tax credit which would be good for a limited period of time, a limited offer. and it would basically say the first 3,000 mega watts of generating capacity developed off of our coast would be that they -- however many windmill farms are developed. first one, second, third, up to 3,000 mega watts, that's it. the tax credit goes away. but the idea is to get it started, show that we could do this successfully. if i could ask dr. jurgensen or congressman sharp to respond to that idea. if we just rely on production tax credit, we're not going to bill windmill farms in the u.s. anytime soon. as i said, this is a limited time offer, what do you think? dr. jurgensen, congressman sh

we need to keep in place the tax credits to incentivize the purchases. would your message be to the auto companies chin up? >> well, let me just say on tax policy, let's just focus on that, my proposal that i described here for an environmental tax system would raise the taxes at the federal level on motor fuels about 39 cents per gallon at the pump. we're talking about an insent i have to conservative. we're talk about an incentive to achieve those goals. >> over what period of time? >> this is an incentive that's going to be permanent. >> in terms of a ramp up to get would we implement it all at once or months or years? >> we're not talking about big numbers. 39 cents per gallon. i think mast something that could be introduced in the code tomorrow. >> all right. thanks. >> you probably don't want to introduce it. not before november. >> not before november. >> just a question on my mind, you keep talking about pricing determine technology's development. i understand that's a big huge driver. and i agree that world demand is has pushed up kmadity prices

if you now want to incentivize, we gave this money to the banks to bail them out. we didn't have strings attached to pay back the money that they -- >> let's be clear, we also lost over the course of three decades, a lot of jobs that were outsourced. so this president's talking about insourcing jobs, giving tax credits to bring those jobs back home. and we should do right away and that's something that i think the public agrees with. so it isn't just the banks, but there's all this whole slew, chemical, oil, and other corporations that shove their money into tax savings. we want to give you a break if you're creating jobs here in america. >> madam secretary, where's the evidence number one that those jobs are ever going to come back. i remember the conversation that president obama had about this -- he asked steve jobs, he said mr. president, those jobs are never going to come back. where is the incentive, seriously, where's the incentive for any american corporation right now to hire anybody, if they can do more with less -- the only reason you hire anybody these

could the way one kastrup city and others are trying to fill a budget shortfall backfired could it incentivize disaster and destruction adding fuel to the fire quite literally we'll explain let's get to today's capital account . we have so much bad bank behavior and so little time i guess the question is where to start we have m.f. global bank of america also the government of course the treasury so why don't we start with m.f. global because the trustees of the now defunct firm have come out with reports both of them this week already their interest remember are at odds one is working for the creditors one is working for the customers the findings in james gibbons' report which points fingers at the finger i guess at john poor design and m.f. global execs raises a lot of questions this is the trustee for the customers among them this report finds the underlying liquidity problems that m.f. global did not commence in the fall of two thousand and eleven rather liquidity had been a cause of concern before and threw out mr kors lines tenure at m.f. global yet systems and tools that would enable a

one is to incentivize states to continue to invest. secondly is to incentivize universities to keep tuition down, and many places are doing very creative things in tough economic times, not everybody, but a lot, and finally i say this can't just be about access. it's got to be about completion, so universities are building cultures around completion where first-generation college-goers and english language learners and pell grant recipients are graduating, we want to use race to the top resources to incentivize that behavior. we have to play. states have to play. universities have to play. >> a quick followup. when you talk about some of the creative solutions, are you referring to the program recently profiled in ohio where they are selling off this lease to all of the parking and privatizing the airport and -- >> i don't know that that specifically. universities going to three-year programs, going to no-frills campuses. universities doing really interesting thing, introductory class eds that half the students fail, doing really creat

i think we've got to have some means by which we incentivize the good as well. in other words, if the standard of journalism declines, and i think there is an issue in the internet age about the decline of standards, we must have a means by which we incentivize the good. >> thank you. you mentioned freedom with responsibility. you mentioned it in your witness statement as well. how does one instill or ferment the necessary cultural change in the press to create that responsibility? >> i think in the first case it is a matter of the press. i think it's a matter of upholding standards of journalism. i was, funny enough, when i was very young editor of my student university, and we had director at that time one of the greatest journalists, i think, of that period. and i used to debate with him this issue about the responsibility of the press. and i'd rely on him because he influenced my judgment very much on this issue. and he said very clearly that the press had to exercise its judgment about what it published, how it framed its coverage, but also how it conflated

government has to be incentivize to do the right thing. unfortunately, for many any decades african natives have been in since device to do nothing it to abdicate the responsibility. i'd talk a little bit about this in my book and also my past books but government role to my mind is clear. the government has a responsibility provide public goods, education and health care, infrastructure and national security. think about the way live in the united states. health care is a bit of a contentious issue here i know but everything else you expect the government will provide those things. the second thing is government is supposed to regulate. you expect the government to regulate. they are supposed to police that behavior and ensure that illegal behavior is punished. the whole essence around the financial crisis and why it has been a problem is because of the failure of government to do their job in regulation. and the third important pieces the government is supposed to incentivize good behavior. exposed to create a policy environment that enc

with this budget we are continuing to invest in strategies and incentivized job creation, training, and place our residents for their jobs for the 21st sent re. we are creating a climate that gives entrepreneurs and investors confidence in our city, allowing them to work with us to innovate, grow and create jobs, whether they are in neighborhoods, small businesses or tech start-up or a thriving global headquarters. in neighborhoods, we are more than doubling grants available to small businesses, and we are including $4 million for neighborhood commercial districts through our new invest in neighborhood strategy. that includes job squad and the recapitalize the small business revolving loan fund. we are bringing staal to the neighborhoods -- city hall to the neighborhoods where it belongs, to support small businesses. my proposed budget includes $4 million in smart capital investments and $441 million in smart capital investments in our city's 10-year capital plan to improve and invest in the city's infrastructure. [applause] over the next two years we'll invest in and improve or water s

we need to incentivize people to get the care. most people want the security that comes from having health insurance. for many middle income families, they cannot afford it. up to $90,000 in annual income, which is 400% of the federal poverty level. they will be eligible to purchase insurance. if they choose not to purchase insurance, they will pay a penalty that the court called a tax for their choice not to buy insurance. that will go to help underwrite the cost of the care when they need it. many people think that they won't need care, but then they find themselves in an emergency room and the cost of that care is then born by everyone else who is covered by an insurance plan that they pay for themselves or their employers provide for them. >> that no free riders idea is a conservative idea going back. is there any idea or estimate of how many people in california might, in fact, not be subject to that penalty tax? >> it actually is quite a conservative idea. it is one that republicans have embraced in the past, the individual

was he incentivizing them to manage risk or maximize profits? if it was the latter, were the incentives for profit consistent with proper risk management? moreover, what did the board of directors of jpmorgan know about how mr. dimon was managing risk? it has been reported that the risk and i hope that mr. dimon's role in selecting the members of the risk committee and how the committee oversaw the firm's risk management. finally, i hope today's hearing can reveal what lessons that mr. dimon and jpmorgan and others have learned. this hearing will have served a valuable purpose if it helps banks and bank regulators avoid repeating the mistakes of jpmorgan. in this regard, i believe it's unfortunate that the can committee has not heard similar meetings with the heads of other fngs institutions and although the committee hearing from mr. dimon whose bank lost two or more billion dollars of its own money, it has never heard testimony from freddie mae and freddie mac who have lost $2 billion of taxpayer dollars. perhaps the committee could turn its a

how in our today do we incentivize crazy ideas. in the government, you try something wacky, there's a congressional investigation, in a private company, you worry about your stock price being hit. you've been to our x prize engineering and thank you for your participation. one of the groups you were in was brainstorming an earthquake prediction x prize. i'm going to a meeting that might fund that. how cool would that be figuring out how to look at the data and predict an earthquake 15 minutes or 30 minutes earlier? it would be transformative. >> as a former san francisco mayor, i can particularly embrace that framework. you've had other successful x prizes, oil clean up, we we we we we understandy schmidt putting up money. >> i was on stage with paul jacobs, the chairman of qualcomm announcing this january, asking teams around the world to build a hand held mobile device that a consumer could use to diagnose themselves better than a board certified doctor or team of doctors. we named it the qualcomm try quarter x prize after the me

there were other ways to incentivize people into the insurance pool without using the mandate, without using a penalty. you could have created incentives for people to get into the insurance market by allowing them to have portable insurance and allow them to be free from getting related and dropped as long as they stay insured. the administration chose to use a stick rather than a carrot. >> tom: you talk about economizing service on the parts of doctors. others say control cost on the part of doctors no more unnecessary tests no more extra test no more $12 aspirin, those kinds of things and that would hold back the out of control costs in health care. >> well, the question is where you place the economic considerations. someone in the system has to think about the economic cost of the health care decisions s it going to be the patient through copays, the physician through forms of capitation where the doctor has a financial incentive to withhold care or a government agency that just price controls and makes decisions about what people should and shouldn't have access to in certain se

and that may demand quite radical thinking about how we incentivize this for the future including what happens to the bbc license fee, what happens to spectrum auctions and the fees that come from that. and i think these are all issues. there is going to be a real problem in the next 20 years about how quality journalism can flourish. >> yes. when you made that comment at the beginning of your evidence, i wrote in the margin how, question mark. and if you could answer that question even with some ideas, i would be very interest today hear them. >> well, i have tried to give some thought to this. when the bbc was set up in the 1920s and then developed its license fee system in the 1940s, it was clear that there was a market failure. in other words, the finance that was available for supporting quality broadcast journalism and quality content was simply not there. there was a market failure, so it had to be dealt with. it had to be dealt with by taking action. and the action that was chosen which was popular for at least some time was the creation of a license fee. and the license fee wa

the problem is we have incentivized and the data is clear. we do incentivize people to stay unemployment and continue to collect those benefits. what happens is the people start looking for jobs very vigorously once the benefits run out. and that's, i think, the problem i have with the many extensions that we've made. i think we've had like ten extensions. >> let's bring in bob herber, a senior fellow. i'm pretty sure he will disagree with you. bob, the simple argument would be if you want lower unemployment, you need to stop paying people not to work. are we focused here on the wrong goal? >> we are focused on the wrong goal. and the first place i think the reason should be to provide assistance to people who are really hurting. >> 26 weeks but going to 99 weeks. >> as steven said, the economy has been in such dire shape for so long. he and i have looked at the same data and i think he'll agree that while there is some evidence that extended unemployment insurance keeps some people from look iing for work, it's a small -- it's a relatively s

to what the government can actually efficiently do, because you're always trying to change and incentivize or restrict behavior by investors or by consumers, and many of the initiatives that are taken do not pay off because they involve millions of decisions by consumers and thousands of decisions by investors that have something under pressures and other values at stake. with this limitation in mind nonetheless there are many things that do work and do help. let me quickly do a piece of the picture that the chairman already outlined which is the picture on energy continually changes and we have a new picture today compared to ten years ago and it is very important that we recognize this change, partly to recognize it will continue to change and policy has to accept and work through those changes. first, we have a vast array of new technologies that have come into the marketplace in this decade and i don't care if it's in oil production, gas production, solar, nuclear or efficiencies in technologies and vehicles. it is amazing and most of it was not predicted to happen by academics, by ind

fourth finding, there of course, have been policies at the state and federal level that have helped incentivize in this community itself has been very active in that and in both the efficient technologies and promoted adoption in the marketplace. many of these policies, i would suggest to you actually followed on the price increases that drove the incentives on the marketplace as well as the political incentive for congress and others to make decisions. let me suggest to you that while this picture is, in my view, a very positive development compared to where we were ten years ago. obviously it was in the last couple of years by the massive blow out in the gulf of mexico and marred by the events at fukushima. these are high-risk operations and we are in a position around the world where we do things big and we're taking big risks and we'll have to be smarter about how to mitigate those to the extent we can and i am one that does not walk away from all these risks and we have a serious responsibility in governments and industry to minimize their impact. the new gas supply is the overwhelming dev

fourth finding, there have, of course, been followses at federal and state level that have helped incentivize, and this committee itself has been very active in that, helped us in both efficient technologies and promoted adoption in the marketplace. many of these policies, i would suggest to you actually followed on the price increases that drove the incentives for the marketplace as well as the political incentive for congress and others to make decisions. now, let me suggest to you that why this picture is in my view a very positive development compared to where we were ten years ago, obviously, it was marred in the past couple of years by that massive blowout in the gulf of mexico and marred by the events at fukushima. these are high-risk operations, we are in a position around the world where we do things bigs, we're going to be taking big risks, and we have to be smart to the extent we can mitigate. i think we have a serious responsibility, governments and industry, to minimize their impact. now, this new natural gas supply is the overwhelming development in our energy picture that was c

how do you incentivize?g the space frontier to asteroids or whether it's creating 100-mile-per-gallon cars, my belief is that experts sometimes are not the people -- they're the ones who can tell you exactly how it can be done. >> so if you look at what you're saying, you're basically saying, i'm willing to put up and harass other people to put up capital in order to set missions where we try to incentivize the crowd, the billions, everybody we don't know who know things we know we don't know, but somebody has got to know it, and we're saying let's invite them to a mission -- we'll set these missions and we'll try to be noble in our mission setting. i can see there is no billty and sort of the goals, right, sand use collective collaboration to do it. thai been trying to do this for a long time and it hasn't worked, right? >> it's called slavery. >> i'm very optimistic myself, quite candidly, and i suppose we're both very optimistic for similar reasons, but just for the benefit of not tainting the narrative w

but we think that incentivizing employers, it's better to dangle the carrot than break out the stick. and we believe that most employers want to hire veterans. it's just like you said, those concerns of missing out on an employee who you anticipate having, especially if you're a small or medium-size business. it's really a tough question we've been trying to work with employers through our smart job fares to convince them that here's the value of a guard or reservist. and that they may be gone for a year out of a five-year period but their skills as managers and leaders are going to be sharper. i deployed with a reserve unit to iraq. it was a light armored reconnaissance unit. we had obviously heavily mechanical. and we had a lot of mechanics in the civilian world who i would say that after the nine months we were deployed tearing engines out and tearing them apart and rebuilding them in a foot and a half of moon dust sand in the iraqi desert without any electricity, without any water, without any lifts, you know, basically improvising all this, you know, the cummins diesel engines an

now you're incentivizing them to go back and work even harder in class. because possibly when they graduate high school, if they don't go off to college, they may be able to get that job with that private sector, that local small business who came in and gave some of their time to that school. and what we ought to do at the federal government level then, we need to be able to track that and provide some type of tax incentive. for the businesses that decide they want to come in and volunteer in schools two or three hours of the week and teach that practical application. so i think that's a very important thing that we need to have to do is start promoting the public/private partnership. once upon a time we used to have wood shop. we used to have automotive, all of these things that taught kids how to do stuff with their hands. and for whatever reason, we stopped doing that. you got to be a pretty smart guy to be on a pit crew for nascar. >> and on top of that, sir, you can't outsource those jobs either. >> i want to bring kay in, though, kay alford, becaus

. >> he talked about incentivizing health-care coverage. the president has reportedly been telling that the mandate is struck down that tax incentives may be a way to go to get people covered. that has been in a bill that you introduced. do you see anything coming together their between house republican than the president on something like that is the mandate is indeed struck down? >> i cannot tell you how often the president has actually said the right thing and then down the wrong thing or did what he did not say he was going to do. i have not heard that from the president. if the president is actually a willing to look at positive- patient-centered reform, putting patients, their families, and doctors in control, not washington, then we are ready. we've passed all sorts of legislation that the president has refused to attend to cover refused to address, refused to insist the senate take it up. not just in the area of health care but job than the economy as well. >> congressman, from a political standpoint, you have mentioned a lot of ide

. >> o'brien: so how do you incentivize your people and the dentists along the way here in order to keep the money flowing? >> well, the incentive for everybody is, let's do the right things for the patients. >> o'brien: but they have to meet certain goals in order to derive income. there's a bonus system, right? >> when you say "they," who's "they"? >> o'brien: well, office managers, for example. >> so the office managers are rewarded based on controlling expenses and making sure that they reach a certain patient satisfaction score. the doctors don't have any budget to reach. they're not rewarded based on hitting any level of production or any level of budget. >> o'brien: so doctors don't get bonuses, or their income is not linked to their production? >> i wouldn't describe them as bonuses. they get a percentage. you know, so in traditional practice, they get a hundred percent of the profits. in our practices, typically, they get a smaller percentage of those profits from that practice. >> with aspen, you'll share financial rewards and benefits... >> o'brien: this video that aspen uses

and whether it relates to larger moves around density or has any impact on conversion, either incentivizing or not. just wanted to state that for the record. thank you. >> thank you. if we are finished with commission comments and questions, we can move on to the directors reports and announcements and review the last week in the board of supervisors and historic preservation commission. >> good afternoon. is going to mention those of the meetings that commissioner wu mentioned. we were excited to have the conclusion of the meeting with the chinatown commission and it was a very broad range of community support an interesting project. as usual, what we find these projects is it increases our possibility of getting funding comes to doing the planning work up front and it being ready to go for funding possibilities is a great way to go. we think there is a real possibility of getting funded. on this to the housing legislation, we convened a meeting of about 25 stakeholders or so. it was a very productive meeting and it did help us to get closer to a recommendation and we will be prepared to h

businesses that might be on the fence about giving an employee more hours to work, it allows them, incentivizes them to actually give that complete the additional hours. it is not just unemployment, it is under employment, that is a big concern. i appreciate the approach that supervisor farrell has done because it reflects the reality of what is happening in these communities. the numbers we have seen in terms of the numbers of businesses we have the neighborhoods like the mission, the vast majority of businesses in that neighborhood have anywhere from five to 20 employees. these are the kinds of businesses that this legislation is targeting and trying to help. the other thing that was important for us was to make sure that we also recognize that it is important to reward businesses that are following the spirit of the laws around the treatment of workers. i am appreciative that the supervisor was willing to work with us, which is also interested in helping small businesses, to include language that insures an order to benefit from this tax break, there can be no finding of misconduct by the of

incentivize and protect our pieces. there are many organizations coming to the neighborhood and some are finding -- having difficulty finding space or being priced out as the neighborhood recovers and rent goes up. that could be included in the sud. also a desire to limit further clustering. insure the implementation of better market street. the next phase of that is happening in july. we're working closely with the planning department and dpw and the mta to ensure that residents and merchants are able to take part in the dialogue. and establish a tax increment financing district. governor brown had not yet dissolved the redevelopment agency's. -- agencies. we are exploring the x -- possibility of a district to finance better -- projects a better market street. implementation, we will continue, there is ongoing community engagement including meetings of the central market partnership every other month. and the advisory committee is meeting tonight. if anyone wants to stick around. there is a team of interagency city sta

we wanted to make sure they were incentivized in that effort to support their own neighborhood. was one of the reasons we were so supportive. we wanted to make sure that the impact would be acceptable for them. into smaller nominal uofd. i understand these other issues -- it is a smaller nominal fee. i understand these other issues. we are committed to making sure that happens. >> thank you. >> may i ask one question? so, the enterprise zone is in district 5. has supervisor olague made any decision with regard to that? >> we have not. we would have started to talk to a couple of businesses in our area, but a lot of these did not come out until really the last couple days. we would like to look at this larger overlaid music district the zone. i would love to work with you more directly about that. >> thank you. next speaker. >> welcome, thank you. >> good afternoon, commissioners. supervisor kim and supervisor olague will be using this in their districts. we recognize and support small businesses and see small- business as being a driving force and the economy. that is one reason

we think incentivizing employers is -- it is better to dangle the carrot and break up the stick.we believe less employers want to hire veterans. there are concerns of missing out on an employee who you anticipate having. it is a tough question and we have been trying to work with employers to convince them of the value of a gourd or reserve member. but they may be gone for one year out of a five-year time frame but their skills as managers and leaders will be sharper and -- i deployed with a reserve unit to iraq. we had heavily mechanical people in the civilian world who, i would say, after the nine months of caring engines out and rebuilding them in sand in the rocky desert without any electricity or lifts, basically improvising all of this,-- that made them much better and more efficient at their jobs once they return home. that is really a job of selling that to potential employers because the army and marine corps will not change that because of the operation of commitment we have and what they need to fulfil. >> let me turn to questions and then i have some, also. >> thank y