want to check out this video it's grant discusses potential new federal reserve governors this is jim grant of grant's interest rate observer these are people who. think or unlikely to oppose novel solutions to fundamental monetary dilemma which is that the u.s. dollar is the face based currency of the intrinsic value that is manipulated by the . consequences the delays are often quite distinctive quite different from what was intended that's the problem now let's focus on jim grant's words there faith based currency what is the faith in this case it's a broken ideology of neo liberalism and neo keynesianism which has done remarkable amounts of damage that's part of the. really ideology goal destruction that is wreaking deeply into the economy james grant knows it and he's got a really cool balta. here he's going to much cuter bow tie then jim rogers you know jim rogers both sides kind of sloppy but this is important to talk about is that he's talking about the fact that it's the federal reserve from whence all of our financial fraud exists in the world from inflation to deflation that foll

nonsense that people believe is worth something when in fact it is not exactly well that's what jim grant is saying is this is figure out fake currency anyway so people are it's i believe this republican versus a democrat oh deficits matter don't matter where the deficits didn't matter and dick cheney when it was for a war class war there's no economy other than class worn out america. and you can watch the kind of reporting just over ten minutes from now here on t.v. before that it's the business update with daniel. welcome to business several of us from the most important officials missed a board meeting on tuesday over a controversial new resource extraction tax on monday reported that the gas giant was firmly opposed to the government's plans a fifteen percent increase in juji could cost gazprom as much as twelve billion dollars a year money which would be lost to its investment program absentees from tuesday's meeting included chief executive alexei miller as well as economy minister. and energy minister sergey schmitz go. president which made bed if is in finland for a two day visit

nonsense that people believe is worth something when in fact it is not exactly well that's what jim grant is saying it's fake currency anyway so people are it's i believe this republican versus democrat oh deficits matter don't matter deficits didn't matter under dick cheney when it was for war it's class war there's no economy other than class war now in america. and you can watch the kinds of reports in around ten minutes time hail next they will they down you know. welcome to business the former international show has opened with a flurry of orders but two biggest manufacturers boeing have taken the lion's share but there's also been plenty of business for russian companies of course reports. airplanes of all shapes and sizes are taking to the skies over the south of england this week as farm bray international ash brings technology to life russia's biggest aviation industry players are represented at farnborough not just era floors and sukhoi superjet but also titanium maker vs m.p.o. . the russian defense super corp defense important export company but on export and russian helicopte

grant. with that, i will close my presentation and be happy to take any questions. president fong: i have to speaker cards -- two speaker cards. the first one is jim chappel. do we have the item numbers given out? 9a, right? what does it say on your agenda? wells whitney was also going to speak on 9c. is there any public comment on this particular item. ? there is a motion and second. commissioner brandon: fortunately or unfortunately i was here in 1998. at that time, i had no idea how successful the park was going to be. i want to commend you on what you and the port staff and everyone else involved have done to make this a destination point. that is wonderful. regarding this grant, what type of activity are we looking for? are we looking for a full-time program? a weekend program? what can you do with $100,000? >> that is a great question. to your first point, thank you for that. that is really kind. we could not have done it without port commission support. you have voted on the budget every year to continue to support the program. that is why it has succeeded. what can you do with $100,000? that is one of the reasons -- one of the advantages o

jim bernard has the morning off. ever since the fatal bart shooting on new year's day 2009, we've seen dozens of rallies demanding quote: justice for oscar grant. but on monday, there there's a planned demonstration in support of the officer who shot oscar grant. simon perez shows us how police are gearing up. * package* super - walnut creek * sot* mark debarr/concord "i don't think it s a good idea >>> i don't think it's a good idea, but people have a right to express their opinion as long as it doesn't become unruly, i think it's okay. >> why do you think it might be a bad idea? the unruly part? >> sure. >> my first reaction was, oh, my god. white people are going to get together and black people are going to show up and make an issue out of it. my gut reaction, and i shouldn't feel this way, but my gut reaction is, this seems to be white people gets black people. what a shame. >> i think the rally is really more an effort to over come the negative press that brought in the riots. i don't know that you would call it a riot, but the disturbance that took place a week ago. >> a lot of people thought our coverage was in favor of the family. >>

the national governors association, governor jim douglas of vermont for his extraordinary leader ship and also very personally for his willingness to grant honor to massachusetts to host this summer meeting. i also want to thank and welcome our incoming chair, governor joe manchin of west virginia, who is also here and who has been a great friend adds -- as well and we're looking forward to his leadership over the coming session of the national governors association. we are looking forward to a very serious series of conversations having to do with health care reform at the national level and our responsibilities to implement it over the next several years. we'll be talking also about economic issues that we are facing in different ways in each of our states and every time that i've had an opportunity to participate over the last four years in n.g.a. sessions, i have learned things and benefited from the shared wisdom and the candor of other governors and their staffs and with -- we warmy welcome everyone here to boston and with that let me turn the podium over to the governor of vermont and the chair of the national governors associatio

the national governors association, governor jim douglas of vermont for his extraordinary leader ship and also very personally for his willingness to grant to massachusetts to host this summer meeting. i also want to thank and welcome our incoming chair, governor joe manchin of west virginia, who is also here and who has been a great friend adds -- as well and we're looking forward to his leadership over the coming session of the national governors association. we are looking forward to a very serious series of conversations having to do with health care reform at the national level and our responsibilities to implement it over the next several years. we'll be talking also about economic issues that we are facing in different ways in each of our states and every time that i've had an opportunity to participate over the last four years in n.g.a. sessions, i have learned things and benefited from the shared wisdom and the candor of other governors and their staffs and with -- we warmy welcome everyone here to boston and with that let me turn the podium over to the governor of vermont and the chair of the national governors association, jim

chair of the national governors' association, governor jim douglas of vermont, for his extraordinary leadership and also for his willingness to grants to host this summer meeting. i also want to thank and welcome our incoming chair, the governor of west virginia, who is also here and has been a great friend as well. we are looking forward to his leadership over the coming session of the national governors' association. we are looking forward to a very serious series of conversations having to do with health care reform at the national level and our responsibilities to implemented over the next several years. we will be talking about economic issues we are facing in different ways in each of our state, and every time i have had an opportunity to protests take over the last four years in nga sessions, i have learned things and benefited from the shared with them and tender of other governors and their staffs. we warmly welcome everyone here to boston. let me turn it over to the chair, jim douglas. >> thank you very much, governor. let me begin my extending my appreciation and that of all our colleagues to you, diane, to your staff, t

want to thank our leader, our outgoing chairman person governor jim douglass of vermont, for his leadership and also for his willingness to grantonor to massachusetts to host this summer meeting. i also want to thank and welcome our incoming chairman, governor manchin, and we look forward to his leadership over the coming session of the national governors association. we are looking forward to a very serious series of conversations having to do with health care reform, at the national level, and our responsibility to implement it over the next several years. we will be talking also about economic issues we are facing in different ways, in each of our states, and every time that i have had the opportunity to participate over the last four years over nga i have learned things, and being warmly welcome everyone here to boston. with that, let me turn the podium over to the governor of vermont, and the chairman of the national governors' association, jim douglass. >> thank you very much. let me begin by extending my appreciation and that of all our colleagues to you, to diane, to your staff, the host committee here, to everybody in