my name is jeff jones. i'm the development director of career cultural center. and i'm not here like everyone else to urge that there be more money poured into various programs. instead, i'm really here to urge you to consider how you invest the money you're spending. the demographic changes sweeping the bay area will continue. the census bureau now pre-difficultthtion ~ predicts in the bay area 20 50, 20% of the region's residents will be white, and 72 of the residents will be people of color. ~ 72% and what we see in your investments in the arts is that you're still investing in audiences that have the demographics of the 1950s when 83% of the city was white. and i think that is like problematic. you're pouring a lot of money into something that doesn't look sustainable to me. just in the last year we've seen the san diego -- yeah, the san diego opera and [speaker not understood] merge with mozart, close down. the sacramento [speaker not understood] symphony had to reorganize in chapter 11 if i'm not mistaken. and we're watching this kind of elected officials

towards the smaller as miss shulman called them the smaller on theser organizations and i think that jeff jones and andrew wood, and other arts advocates point out that 57 percent of the population are under served and people of color and if you add on to that, women and lgbt communities it is larger and the grants for the arts funding has not kept up with the growth of the diversity of the city and seeing some stronger out comes and stronger goals towards that is hopefully will be the goal of the july 7th, and the july 16th hearing, anddy want to also say that in looking at the budget of grants for the arts with our city administrator, and miss shulman and others, and it looks like, 191,711 dollars is additional money that has not been spent, but it is also money that does not take away from the existing allocations. and my motion today, will be that we allocate that money towards cultural equity and i was going to ask mr. bacowsky from the city administrator office to verify that is unallocated amount of money and what are your suggestions for allocating this towards cultural equity. >> thank

international community and that meant russia, which i thought we did when the president and i and jeff jones told the security advisor in a small meeting that the iranians built an underground facility and the russians didn't know that and that surprised them and made them more like to go along. the chinese who needed oil and gas from every didn't want to see the supply cut off so they took more convincing and the ambassador of the united states was covering the meeting in lema and i was trying get a meeting with him to see if i could get him to sign off on the final language because he was authorized to convey that back. we were worried we would not get the meeting. and the press was having peace go sow sour and apparently they make you happy aspecial these. and we were looking for the ambassador and i was at the bar in the hotel and we are trading stories and i am having a peace go sour and pretty soon things are looking really positive and optimistic and then all of a sudden one of my foreign service officers and says madam secretary the chinese ambassador is here. and i said where? oh, m

dow jones, dow jones worked at "wall street journal" for a long time, dow jones was crummy company, lousy management of the jeff bewkes has done a decent job. he knows as i have been reporting other potential bidders down the road. silicon valley potential bidders. in order to get this deal done, more candy going his way and more cash with higher price. that's what you see. melissa: anybody want to guess what the tipping point is? what is the price that gets a deal done. >> i wouldn't even think the deal will get done. i'm assuming department of justice might display a little bit of backbone and start questioning these things when they benefit consumers. i'm amazed when comcast bid for time warner, there was virtually nothing said. melissa: that would -- >> why wouldn't this benefit consumers? content play as opposed, comcast is little different. they are controlling pipes. they could theoretically you put clams down -- >> mr. murdoch when he wants something is willing to overpay. melissa: put content together in one spot? >> the only point i make, he tried to acquire sky, for example in the u.k., the regulator

the dow jones industrial average off 0.6%, how do you trade this market? jeff kilburg, and warren is here with me. warren, we are talking during the break and you said you think this market is priced to perfection, so any down day is greeted with a bit of shock. z. >> over the last few months we certainly haven't seen any. as some people appear to be. this is par for the course. we've seen it time and time. just haven't seen it recently. >> you think earnings season will get more scrutiny than in the past? >> i think so. one is the level -- to the. >>> if you owned volume material, is that still a good trade for you? >> i think it is, sue. it's very important. to lawrence's point, we have to wait for the follow-through. the s&p 500, there are some sellers representing anxiety. the treasury pits behind me, there are some buyers representing anxiety, but there's not panic, as long as volatility is under 16, that reps a 1% daily fluctuation. i think owning volume activity officially is a great mitigator for any type of downside move. >> i think jeff has an interes

jeff. >> finally tonight a hero's welcome for a soldier that has proudly served his country. family and friends even straichkers line the streets of audobon new jersey to welcome home private first class joseph joneshe third and 22-year-old is member of the new jersey national guard and was away on 11 month deployment in afghanistanch the town thanksed him for his service. "jimmy kimmel live" on channel 6 followed by "nightline". jimmy's guests jessica alba, jim falcon and musical guest cia.

jeff samardzija made his second start. samardzija went 8 innings, vikings out five. after the shaky first, king felix settled down, struck out nine batters. and they declare the ball fair down the line. james jones, runner at third and nike punto is called out on a questionable third strike. take another look. that was high and inside, folks. seattle wins, 3-2. >>> it's been a rocky ride for the giants of late. playing the last place diamondbacks a great way to right the ship. the long two-run shot. hits his 11th of the season. tim lincecum turn in another strong performance, throwing 7 shutout innings. 3 hits and strike being out 6. timmy helped his own cause in the second. laying down the squeeze bunt. able to score from third. the giants go on to win 5-0. >>> after playing in the world cup, chris was back with the earthquakes last night. dc united took the two-goal lead in the 25th minute. juan dough did make his presence felt in the 39th minute. he scores his 6th goal of the season. san jose had chances to pull even but couldn't get the ball in. 2-1, the final. the quakes lose their fourth straight. >>> after winning two nba titlings with miami. lebron james is going back home to ohio. yeste