our clerk is melissaer and i want to thank sfgtv for broadcasting today's meeting john ross and mark bunch. and for those who are watching or here, we are on item 1, we are hearing at 9:00 a.m. and then the remaining items on the agenda we will recess and then hear at 1:30 p.m. we're trying to juggle land use committee in conjunction with the budget committee since we are the heightest budget season. so, madam clerk, do you have any announcements? >> yes. please make sure to silence on cell phones and electronic devices. completed speaker cards including copies of files should be submitted to the clerk. item acted upon today will appear on the june 259tion board of supervisors agenda unless otherwise stated. >> thank you. madam clerk, can you please call item number 1? >> item number 1 is a hearing requesting the municipal transportation agency, department of public works, planning department, and the county transportation authority to provide an update on the better market street project, including schedule and progress on improving interagency coordination, and the proposal to cons

want to thank the members of sfgov-tv john ross and jeff as well as the clerk of the committee mr. victor young. mr. clerk, do we have any announcements? >> yes. please silence all foexctiontionv and electronic devices. completed speaker cards and copies of any documents to be com included as part of the file should be submited to the clerk. items acted upon today will be on the june 14, board of supervisors agenda unless otherwise stated. >> thank you very much. mr. clerk, can you please call item number 1? >> item number 1, hearing to receive an update on the port budget for fy's 2013-2014 and 2014-2015. >> okay. so, we have a hearing, port budget update. we have the executive director of the port, ms. monique moyer, thank you very much for being here. >> thank you very much, mr. chair. for the record, monique moyer for the port of san francisco. i want to thank you for carving out time for all the items today. we hope to be succinct as you need us to be, [speaker not understood], but we appreciate the time. i also want to thank the campbell and the [speaker not understood] for t

[applause] [applause] john: we're back with your questions f o case no economist and ross roberts and made the rap video. so first from the facebook page has a. bill: defined the end game principles when ding what programs to fund or cut? >> for public goods like property rights are good for an economy that type of spending is helpful and some type of physical and human capital spending grows education and can be good if done efficiently. but the bulk of the bget today whether europer th u.s. this transfer or consumption spending and the evans is that diverts resources from far more productive resources and if you do cost-benefi test and the transfer consumption spending looking at that types about lay. john: the port and the helpless? that is what the transfer payments are supposed to be. >> if you get th private sector growing the four will be better off than he would much rather be pour in hong kong or singapore because you have a better future than france for the best you can hope for is the politicians will for ever catch you on the head to keep you dependent ward of the state. >

. >> ross, john, thank you for joining us. going. >> coming up in our pop culture lead, why are kenny chesney's fans so angry? and the sports lead, as if being a layup away from another title, the nba rubs it in to the san antonio spurs by running the wrong ad for championship gear. ouch. humans. even when we cross our "ts" and dot our "i's", we still run into problems. that's why liberty mutual insurance offers accident forgiveness with our auto policies. if you qualify, your rates won't go up due to your first accident. because making mistakes is only human, and so are we. we also offer new car replacement, so if you total your new car, we'll give you the money for a new one. call liberty mutual insurance at... and ask us all about our auto features, like guaranteed repairs, where if you get into an accident and use one of our certified repair shops, the repairs are guaranteed for life. so call... to talk with an insurance expert about everything that comes standard with our base auto policy. and if you switch, you could sav

john the divine in new york city this morning. >>. >> happy birthday to ross perot. he's 83. actor tobey maguire turns 38. fashion designer vera wang, 64 years old. >>> later on the "today" show, reaction to the landmark supreme court decision on same-sex marriage. and live from beijing, a u.s. ceo speaks out after his angry workers release him from captivity in the factory he owns from china. keep it here for more news, weather and sports. thanks for watching "early today." have a good one. >>> we're keeping an eye on south africa where there are new details overnight on the health of ailing leader nelson mandela. the latest on his condition next. >>> farm workers ready to strike in just a matter of days. we'll let you know what other bay area transit agencies are doing right now to try to keep the bay area moving in case they go through with the threat. >>> we hear a lot about san jose's fight to bring the a's south, but new developments today could help keep the team right where it is. details next. >>> right now nothing can stop us from giving you this beautiful shot, kin

ross. and on the fundamental side is john stevenson, portfolio manager at first asset investment management both. rich. big chart in the last, what, six, eight months for this stock. do you like hp here? >> bill, i don't like hp here. i love hp. i think this stock has tons of upside from current levels. when you bring up that longer-term daily chart, you can see that the stock has taken out a multiyear downtrend. in addition, it's also broken out above its 200-day moving average for the first time since 2011. but the beauty of this chart is the textbook complex head-and-shoulders bottom. now, we're forming a bullish black here into resistance at the neckline of that pattern, around 25.50. but our network says we take out the neckline, make a fast move up to $30 and test $38 a share on hewlett. you want to be a buyer here. >> john, since meg whitman took over, hp is up in the market. is the turnaround for real? >> no, it's not. this is where tech money goes to die is hp. yes, it's up sharply, and the reason it's up sharply is they've had a disastrous string of acquisitions. they've done 70 a

also coming up, john studzinski, senior managing director for blackstone group is with ross at the icc conference in paris. let us know what you think. find us on twitte twitter @louisabojeson. i want to treat more dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we can show you how at&t solutions can help you do what you do... even better. ♪ [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses to the right machines while dramatically reducing waiting time. [ telephone ringing ] now a waiting room is just a room. [ static warbles ] >>> hi, everybody. welcome back. i'm louisa bojesen. china's stock markets on a roller coaster ride. the pboc trying to calm the moves, promising to manage liquidity in a flexible manner and also helping an early rebound in european stocks.

. >> it's quite extraordinary, ross, there i was sitting here with john chambers doing my time for "worldwidehe french again and working really hard. he's been off talking football, haven't you? >> absolutely. when alisher usmanov says he's willing to sit down and do an hour long conversation with you, he has a 30% stake. >> that's not fair. >> . >> apparently you can. let's start with soccer. he has a big bee in his bonnet about the way arsenal is being managed. he thinks too many good players like van persie has gone to other teams. >> it's a metaphor, isn't it, for the austrians. >> pretty much. >> arsenal didn't spend money, they live within their means. they're more like the kings in manchester united. >> what's interesting is even though arsenal has had to sell some quality players, his take is that they remain rock solid. that was the point he kept coming back to. i have faith in oscar's ability to manage this team even as he's had to accept that some of the top drawer players have been sold off. they've got a small war chest. they do want to buy some more players. i talked to him abou

is very reluctant to go the full bore with what john mccain has said is necessary which is a no-flight zone, then presumably some air strikes. dennis ross and others who have been administration advisers say we need to do that because what we're doing now with trucks and equipment and some weaponry and communication gear to help build a more cohesive force on the rebel side is not enough. so it's not only too little, too late, but some administration supporters believe that this step is also not going to do enough to really have a victim victory. one other factor, the institute had the meeting that was supposed to be off the record, "politico" broke the story that bill clinton had said tuesday night at this meeting at the metropolitan museum of art in new york city that the president should not be looking to the polls and that he'll some day look back and think, you know, i was a wuss for doing this. i don't have the exact quotes, but they are online. we aired it today on our show and all the other shows all day. and that led to jay carney having to say that the president understands that there's a lot of advice out there. what can they

john harwood. eunice is talking about this in chengdu. she has more on the meeting. hi, eunice. >> hi, ross.timism here is that the summit could lead to a reboot or a reset on the relationship between the u.s. and china. there have been so many issues that have come to the fore that have caused the position to deteriorate over the last several years. cyber security is one of them. and when these two sides meet, the meetings have always been quite officials, very proper. and very well planned out. i was speaking with hank paulson, and he was saying that the informal nature of this particular meeting is unique and it's really designed to help get both of the sides moving and hopefully pave the way for them to get things done. >> the fact that our president, barack obama, is participating in this really unique meeting with president xi. in an informal environment, extensive meeting shows that he and our government has their eye on the ball. they recognize and china recognize that's this bilateral relationship is extraordinarily important. and that there's a terrific opportunity for them to buil

8, 1941, a day that will live in infamy, 15-year-old john dingell was in this chasme ber -- chamber as president franklin roosevelt stood at the ross trum -- lot of rum and asked congress to declare war against japan. whose forces had just attacked pearl harbor. on that day to which he referred as a day of infamy. president roosevelt spoke these timeless words and i quote, with the unbounded determination of r people, we will gain the inevitable triumph. throughout his time in this house, as a page, as a son of a congressman, as a member himself, as a committee chairman and as a leader on issues of national importance, john , who have taught us served with him, that america's triumph is only inevitable if we bring to bear the unbounded determination on which -- of which president roosevelt spoke. in john dingell's record, 57 years and 188 days as a member of congress, he has approached our greatest challenges with his own unrivaled determination. in every congress for over a half a century, he continued his father's work of introducing -- introducing legislation, to expand health care coverage to all americans. even in the many yea

ross. he, of course, was a middle east envoy for president bill clinton. ambassador, always good to have you. >> nice to be with you. >> senator john mccain just returned fromers. he provided a stark assessment this morning of the strategic outlook for the syrian opposition. take a listen. >> we are seeing, unfortunately, a battlefield situation where bashar al assad now has the upper hand and its tragic, while we sit by and watch. >> do you agree with senator mccain there? does he have the upper hand, totally? >> well, he doesn't have the upper hand totally throughout the country. he has it in a slice of the country. he rules over a rump syria. today, syria, as we know it, historically, doesn't exist. he can gain greater control over an important enclave, certainly, the part that stretches syria to the coast and next to lebanon, but his ability to regain control over all of the country i think is quite problematic. >> how would syria having these russian missiles, how is that going to affect the balance of power? >> well, the problem with the s-300 is, it is a long-range defense air missile that could intercept aircraft that could be operating actually may