itf, authorize the general manager to execute a jaunt -- a joint funding agreement with the u.s. geological survey for an amount not to exceed $1,750,000 for the duration of five years. g, discussion and possible action authorizing reimbursement of certain expenditures for capital related costs of the water enterprise from proceeds of a future bonded indebtedness. >> thank you. i have a request to remove to9e. hearing no objections, i move items nine with the exception of 9e. all in favor? all opposed? motion carries. >> a wanted to speak in terms of solid water content. that indicates there will not be a range of savings on our costs. i wonder if in the future we can report that, or if there is an -- a way to estimate that. i'm very excited about not shopping around a 17% of the dewater cake. hopefully we will do the same as in as possible at oceanside in the next year-and-a-half. this is fantastic stuff. and also, taking with the temperature faced in a big direction, a project was approved a month ago at oceanside that will improve the solid handling process. i'm very excited a

the policymakers said they would take further steps itf necessar. economists haveeen busy reading through the statement, fed governors seem ready to act. >> the biggest change is they are saying the economies are very surprising. usually central banks has an optimistic view even if they fear the economy is not so strong. but this time, they clearly demonstrate this means they have a stronger will to move on the easing. another important point of statement, they are saying they will closely monitor. that means they have a strong will even if they will not have a regular meeting. >> suzuki says the fed's next step is likely to be a third round of quantitative easing. >> further action will be a so-called qe 3. they will purchase securities, including agency bonds. so, we are seeing some very low interest rates in the u.s. treasuries. consequently, they will move to another security. >> suzuki points out the last chance for the fed to take action could be the next meeting in september. the u.s. presidential election is scheduled in november. >> now u.s

well, i read the brief they filed against this obama mandate on schools and colleges, and itf is a brilliant brief. it is worth reading. it's, i think it's about, i don't know, 50, 75 pages. and it sets it out one afters another. and religious freedom in this country has got to mean that m christian schools and colleges and hospitals do not have to violate their religious beliefs inot order to provide insurance, healthio insurance to their employees. >> thank you, phyllis, for everything you do.hae um, i have a lot of christianoto friends that they just don't want to be involved in politics, you know? they just see it as a dirty thing, there's so much fightingd or whatever and a headache, and they just don't want to get involved. and so i was wondering if you have any advice for us how we can, um, engage some of the more apathetic christians, some ofe s the people that just don't see the importance of taking actionm and being involved. >> with -- well, that's a good l question as i point to the high percentage of evangelicals whof don't vote.ge and i hope anybody here who's evangelical will

itf that goes to $12 a share, investors will know they have to stay away from these companies or understandhat they are getting into. maybe a long-term play, do not expect to make a lot of money right off the bat, know your company, google was a big difference, the sign eder eder - insiders there were not a tremendous amount signaling they were selling. the insiders were talking about selling. neil: is 12 a random number you picked? >> i think that is a good price or even lower, if you want to start buy, buy, but more hazard has been created when there is no consequence to risk. neil: i think this will put a chill on investors getting into the market in general. >> you know, don't buy hyped stuff, that was over hyped, thanks charlie. >> news corp is not over hyped. neil: do you remember this? >> their main goal is to create we'lwealth for themselves and investors. >> they made a lot of money, but they devastated the communities. neil: cashing in on private equity. how fears of more pump pain is making the president -- e. boston. boise? same flat rate. alabama. alaska? with priority mail fla

the home building etf, buy all the home builders once, the itf, that stock, four year high, just shyf it perhaps. but essentially. the luxury retailers, michael kors hit the ball out of the park. sales were up 20% in europe. coach is losing a little bit of market share to michael kors, why it's down. tiffany, saks, nordstrom is not far from an historic high. >> thank you very much. sue! le. okay, guys. the s&p up 7 of the last 9 sessions. is there more to go or is the market due for a pull back? our chief equity strategist. good to see you. it has been a pretty stellar performance for the s&p even though people don't seem to feel good about it. does it continue or not? >> unfortunately, i've been reasonably bullish over the last couple of years, it's hard for me to get excited about the market right now. when you ask people, how much is the market up, very few would say 13 and change year-to-date and 17% year-over-year n. things are actually better than they feel. it really doesn't feel that great when you look at the data. >> it sounds like if you can't get excited, you're looking f