and i'd like to introduce jack gardner. (applause) >> thank you. thank you, olson. mr. mayor, i'm going to bring my kids to the next event because i want the mayor of san francisco to tell them to keep their rooms clean, too. [laughter] >> so, and these guys are like, that wasn't part of the deal. wait a second. anyway, after almost eight years of nonstop effort, i and my team are simply thrilled and overjoyed to deliver the first building in the first phase of the first hope sf development. it is truly a great day. it's taken the commitment, the hard work, the financial support, and the confidence of many people and agencies to get us to this point, many of whom have already been thanked. i need to quickly single out, of course, the city and county of san francisco, the state, the housing authority itself, hud, our private lenders and investors including enterprise, and most importantly the residents of hunters view themselves who have been with us in this journey. so, thank you to the residents and everyone who has helped us get here today. we are very honored to be p

jack lu maybe the surprise supporter for republicans going into this position. tracy: arguably save president obama's presidency if it all works out in the end. what did you think about timothy gardnerilling enough to compromise? >> he became the bad guy. he was sent over there -- and he burned bridges, it did not matter. i think you will get a new hand with him. this is not a guy who is an economist. he is a negotiator. tracy: let's flash forward to the debt ceiling today. what do you think happens? >> i think that the democrats will hold hard on this idea that, you know what, we are tired of you go shooting with the debt ceiling. i think that republicans have leverage. it may not be above board and it may not be to embarrass the president, but, believe me, there will have to be some concessions to republicans or they will be at the edge of the cliff. it just seems to be the way they play ball on the hill. tracy: you are right, it is dÉÀa vu all over again. thank you, sir. >> thank you. tracy: make sure to tune in tomorrow at 1:00 p.m. eastern. ashley: all right. good stuff. always on point. liz claman takes us through the next hour of trading. she has an all-star lineup. of course