a lot of cartoonists do art work. you use this in your book, throughout the book, which i found enjoyable. it makes it move. you say you get it because it gets to the heart of the matter and the core of the issue. did you ever worry that it might diminish it into a joke and people won't take it seriously? >> i don't think so. i think the cartoons are serious in their way. they very -- cartoonists are able to make points very clearly with just a couple of lines. i am just astounded by the quality of the cartoons, and i was given 1100 to choose from. from the cartoonists group in seattle. >> uh-huh. >> that is my partner on this book, and it was just so much fun to try to pick the cartoons that most reflected the kinds of points i wanted to make in the text. and the big questions from me, whether i was going to comment on each cartoon or let the cartoon speak for themselves. >> uh-huh. >> and -- . >> that is a good choice. >> yeah. >> and they do speak for themselves. >> and when you approach a mole, what do you worry a

there's a lot of confusion. according to a poll, fewer than 6 to 10 americans knew obama care was on its way it had a lot of young adults ill informed on what it actually means for them. to*ers say it's cheaper to opt out. open enrollment has already started. joining us to try figure this out is page win field. in our google plus hang out we have unanswered questions about obama care. >> a student and a founder of network red. john ram say freelance journalists whether oh plans on taking advantage of the program and a health care consultant who oh decide that she's undecide about obama care. >> the affordable care act is 900 pages long. it's accused of not reading it. a lot of americans obvious i will haven't read it which might be part of the reason for the confusion. >> it sthaoepls because of that, people are getting biased or incomplete information about it. the biggest challenge to take a 906 page document. is it impossible the to sum it up? >> you're absolutely right. most persons didn't know what it said

they are operating, the five lots, plus one expansion lot. and central parking, is operating sea wall lot, 301 which is known as the triangle lot and that is primarily the fisherman's wharf community and then 314 serves as a lot for cruise operations, visitors in the northern water front and 301 is a very management intensive lot that requires a lot of staffing and customer service and 314 is a lot that is more in the self-park arrangement. as you can see on the overview, we have got the starting 301 is up at the top and the northern end, 314 is down across from pier 35 and in 321, 322-1, 323/324 and those are operated by priority parking. and in the one instance for 321, that could be the future site for the entrance, if that comes back to pass, but i want to explain that, that is not being addressed here in this report. it is something for the future consideration, 314 primarily serves as a south park operating lot, and it functions as a lot to primarily the office workers and visitors from pier 9 through pier 23, for instance. and 322 i, i

the way it trumped all of the top of his building overlooking his city every way a look trump and lots of things to talk about chris he's made some amazing acquisitions one of which i'm trying the person involved with i'll get to that later i'll get a government shutdown what's your take well it's a mess larry i mean the whole country is being scoffed at in left ed and we're not doing well as a country as you know we will no longer be the great economic power in two thousand and sixteen and as you know china will be replacing us if we keep going the way we're going which looks like inevitable and we're a different place than you and i remember well we've done all our interviews that i cherish and that i saved i don't save too many but i always say being interviewed by larry king and we're not the same country. well what with one thing i don't understand i know you're a great critic of the press or but let's fact the effect we passed a health care law right the supreme court upheld it right and the republicans don't want to fund it well it's a law that really has to be that's true and t

video chat ande a lot of those other things. we may experiment and it may ultimately get in the way in terms of using mail every day. what are the biggest product holes and problems you are trying to fix right now, the things you -- that make you the maddest right now that you want to change? >> there are a lot of small things. there always are. are a lot of different bugs to squash as they come up. need, thef the broad big case i am focused on is mobile. team bygrown our mobile a factor of 10 since i arrived. it was fun sized in terms of what it needed to be when i got there. we had great s&p and mobile. a tremendous team is working on the design. mobile has been growing tremendously. looking at what users need to do and what daily habits are on the phone, it is a huge opportunity look atr yahoo! if you what yahoo! has always been strong in. mail, news, finance, stock quotes, games, sharing photos, group communication, all of these pieces. that is what people do on their phones. it is a great opportunity for us to take the cont

you said a lot and one thing. to look for you know for for heroes and icons like steve jobs he's well deserving of it that has nothing to do with why the movie was totally rotten and trash and it didn't even bring out the greatness you know the real steve jobs that was the problem as far as the internet democratizing things i think it is done the biggest job ever in the world almost everywhere that we get answers now that we used to carry books of books that didn't have this complete answers we used to be around smart people and ask them questions we for a while we could load c.d.'s of encyclopedias you know we had methods in the past that over sudden anywhere in the world we can get answers and when i get the answers online the person that sent me the answers might be in pakistan or oman or you know all over the place are very shocked at how that is so yeah it has that we haven't really cut that off yet there is a danger that the internet has become a tool of governments to control us and walk just and monitor us

along with other popular parks and museums, lots is shut down. lots and lots. look at the sign.national park spokesman will join us in a moment to give you a statistic it's not just vacations, folks. this matters to you. so you can feel free to add it to anything. and feel better about doing it. better it with benefiber. see, i knew testosterone could affect sex drive, but not energy or even my mood. that's when i talked with my doctor. he gave me some blood tests... showed it was low t. that's it. it was a number. [ male announcer ] today, men with low t have androgel 1.62% testosterone gel. the #1 prescribed topical testosterone replacement therapy increases testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman, which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are or may become pregnant

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you knock on a lot of doors, talk to a lot of people. some of the things were interesting, how connected a lot of people were to their schools, communities. people were involved in their communities in some many ways. we have neighborhood organizations. there are so many people actively involved in the communities, neighborhoods, our organizations, child care facilities, relationships with seniors, at the park. that was something exciting to see. there were multiple ways for people to be involved as residents and members of the city. i was stunned by just how many artists were in district 11. there are so many artists who are doing incredible work that do not have a venue within their districts to show their artwork. it inspired me and my office to sponsor artwork events, culture events. now we are starting an arts committee to get more funding, having the community be a part of deciding what kinds of parts we want to show. that was one idea that i learned from campaigning. >> what kind of art? >> you name it. we have people who make the

of -- we gave a lot of dams. i hope i'm allowed to say that. >> go. >> we wanted to make sure that we never put advertisers above the user experience. we wanted to make sure that we always erred on the side of doing right by our user base. and i think people really respect that. one of the things i stress to entrepreneurs all over the country, for so many incumbents, they've lost sight of treating users well. it's a huge advantage even if we're two nobodies. >> quentin -- one of the things i heard in quentin's question, reddit's a happy place. even when they're arguing. it comes across to me as a happy place. >> arguably. >> he hasn't been -- two dragons. there are naughty parts to it. i am troubled by that. >> dragons having sex in cars. >> sex with cars. >> very good. no, what i mean is -- >> your world, man. >> a light-hearted place. i realize there are parts of reddit that are naughty and i realize there have been controversies with reddit, but as you look at especially on the front page and you look at the c

we got a lot of oil in this country and a lot of natural gas.nt a good news story, some environmentalists might argue with it but if you want a good story, it is our increasing ability to provide our own resources when it comes to energy. and jim and i have talked a great deal about this when i was in texas last week and had an opportunity to talk to a number of people down there, many of whom are in the oil and gas business. jim, you've talked a lot about pioneer and the promise of that company. you spoke to the ceo i think it was last week. >> largest oil field in the country. second largest in the world. i think the stock should be up another $100. >> i did have a chance to speak to will van lowe, private equity partner who invests largely in upstream deals and i asked him specifically about whether in fact pioneer and its find is for real. >> when you look at how big the permian basin is, it's substantially larger than the eagleford and bachan. a lot of the future oil growth will come out of the permian. >> so you're a believer that pioneer

are a lot of missions, right?t's step through this one very carefully as well. our justice reporter, evan paris confirmed an al qaeda leader has been captured in libya in north africa. this, as evan has been reporting. this man is a member of al qaeda. he had gone to libya some time ago and was suspected of setting up the al qaeda operation in libya. he is on the most wanted list. the u.s. justice department offering a reward of up to $5 million for him. what we have been able to confirm in the last few minutes from a senior u.s. official is that, again, u.s. special forces according to this senior official and he knows this is being reported, u.s. special forces were involved in the capture of this man inside libya. this man not clear at the moment what his exact location is. very few details available about exactly how this operation went down. but, i think, it's a real indication of what we are talking about here tonight. hundreds of miles away at two different ends of the african continent, u.s. special forces

gangs look a lot different than they used to.he police have locked up a lot of the senior members of the gangs, so you have got kids running around without the same kind of leadership that they had before. the structure is not really in place. so you have got guys going online and talking smack to each other, bragging about what they are doing, and that is stuff that probably wouldn't have occurred years ago even if the social media had been there, because it wouldn't have been allowed. back in the day even if you wanted to kill somebody you needed to get an order to do that, or have that be approved, and nowadays it's a lot more like these kids running around without any kind of structure. >> did you get the sense that this puffed up personality online translates into real violence on the street? >> the data isn't totally there yet, but i certainly saw these kids talking smack online and then going out and doing gang banging. there is one in our piece where they actually recreated the shooting they did in a music video, and, you

i saw a lot of that at chrysler and a lot of that at ford. you and i both saw more than we wanted to see at general motors. i think if human-resources were either out sourced or cut down back to their basic functions of keeping the personnel records and making sure people get paid and the promotional increases take place i think we would all be a lot better off because work been the actually alleviate. you and i both remember what was it, the performance management system at general motors, the performance management program where we would spend literally hours or days developing next year's goals and quantifying them all and then checking them against other people's goals and having big meetings to make sure that everybody's goals were consistent with everybody else. and then when it was all done you would put it in a desk drawer and never look at it again. >> host: you speak the truth and that's what you're trying to do in this book about leadership but it begs the question i was right to have to ask that sometimes when going to ask it now,

a lot--i--a lot of it was before and after work. i would sometimes get up at 5:30 am to write before going to the office. c-span: and how long could you write at one time? >> guest: oh, a few hours at a time basically. c-span: you a fast writer? >> guest: yeah. that's--i am a fast writer. that comes from the newspaper background. i can--i can write on deadline pretty well. c-span: in the book you say that, 'people who are in the judicial profession are not people of towering intellects.' >> guest: yeah. and i don't think that's a very controversial judgment. judges say the same thing. c-span: why? >> guest: well, because of the selection process--basically, who gets selected. it's not--people don't get--typically don't become judges based on wonderful legal scholarship or intellect. they get selected--as somebody once said, 'a--a--a judge is a lawyer who knows the governor.' that's--they're basically selected for political reasons, for having political connections, for having worked in somebody's campaign. so, therefore, it's a--not

not as bad as it could be but a lot worse than normal. we are looking at contra costa county via the maps here. you can see highway slow as it always is. but 680 doesn't look that bad yet. 6:02 let's go back to the desk. >>> topping our news at 6:00 the worst fears of 400,000 daily bart riders is now reality. you are taking a live look at the lake merritt bart station where bart worker are on strike once again. the entire transit system shut down for the second time in three months. and at this point no new talks are scheduled. trains stopped running early this morning leaving hundreds of thousands of bay area commuters scrambling for other ways to get to work. one bart union leader spoke if few hours ago. >> i've been doing this 25 years as a labor organizer. as a leader of a union. i have never seen a process like this. and i actually questioned the ability of grace and the district to understand how to get a collective bargaining agreement. >> both the unions and bart management agreedth two sides were close to an agreement on economic

and a lot more activist. when i started doing the research business in 2006, activist and not even like being called activist. now everybody wants to. cheryl: who else is out there? we all know carl icahn. who else do you follow? >> some of the newer ones. capital management, mcgwire used to work for him. elliott, third point when they do things. having a great year, they are very active. cheryl: you know what, the numbers are here for the year, so it is an interesting strategy. thank you. 42 minutes to go. on fire after the high-tech glassmaker breakthrough deal. here an in just a moment to expn what this deal means for you, the investor. and jpmorgan ceo jamie dimon could be on the brink of closing. $13 billion settlement with the justice department. charlie gasparino will have exclusive details on what the deal would mean for jobs at the bank. what's better than zero heartburn? ♪ nothing, that's what? that's why i take prilosec otc each morning for my frequent heartburn. 'cause it gives me a big fat zero h

this is a lot to look at. something the sec forced them to take out that they wanted in is very revealing or that twitter added later for a reason that is also very revealing. >> sam is going to stick around to help us navigate through this s 1. twtr is the ticker symbol for twitter. much more after the break. tment. managing them, moving them, making them work. we oversee 20% of the world's financial assets. and that gives us scale and insight no one else has. investment management combined with investment servicing. bringing the power of investments to people's lives. invested in the world. bny mellon. folks have suffered from frequent heartburn. but getting heartburn and then treating day after day is a thing of the past. block the acid with prilosec otc, and don't get heartburn in the first place. [ male announcer ] one pill each morning. 24 hours. zero heartburn. >> twitter's s-1 has been officially filed. >> of course the filing is missing a lot of things like the number of shares that fell off. >> take

well, you know, i think that is a lot of the debate over welfare reform in 1996, that a lot of people felt like that, that we should not incentivize people to stay home and not work areas that i think there are a lot of misconceptions about that. as it turned out with welfare reform, a lot of people getting will fair back in the 1990's were working. know, the welfare benefits in the 1990's, you could get maybe $400 a month for a family of three. no one can live on that. it was a fiction that $400 a month could keep you home. that money is even less today. i do not know anyone who had the opportunity to take a job versus get food stamps and would take the food stamps. it is just not enough money. obviously you can make more working and have a better life. it's a pretty easy ovulation. i'm sure there are people out there who may be working the system. a pretty easy calculation. i think they are in the minority. the bigger problem is economics. there are not enough jobs. if there were more jobs, they would take them and they would be happy to get a food stamps and welfare. mencimer, thee

we got a lot of hits and a lot of nice media coverage. and what we found, but i believe is that we started to managed towards the public understanding that this was going to be complicated and abbas and just going to be a straight line to get your insurance and that was one of our objectives. we did a lot of media pieces. i did an opinion piece the twin cities major paper picked up and published on the first of september this year that had a great graphic of the pie chart and it laid out in minnesota where people get their coverage and we were able to show that a very small part of the paul i was going to be impacted by the insurance exchange and in effect by the accountable care act. we have done a lot to really manage. then of course we talk with the exchange at least two times a week we do conference calls with them. we worked hard and have an absolute agreement that we are trying to stay on the same message as them and not to let the public walk away from this. one of our biggest concerns in terms of the plans i work with is that we a

lot of money. lori, thank you. >>> all of these problems certainly get very frustrating for the folks trying to sign up for coverage. let's bring in elizabeth cohen. we've been watching your reports now for three weeks. what's the latest? >> you know what, it is still a tough road out there. i did finally manage to login but i'm having difficulties with the site. they've made improvements over the weekend, but they're not quite there yet and aren't saying when they will will be. if you've tried buying health insurance on healthcare.gov, you probably had trouble using the website. i'm now putting in my county for i think the fifth time. it took me two weeks trying at all-times of day and night until i finally was able to log on and start filling out my application. but the glitches continue. every time i log on, for example, it keeps putting me back up here. i have to fill out this same page again and again. >> it's been a fiasco. send air force one out to silicon valley, load it up with some smart

there is a lot of feeling, a lot of commentary that the 5s sales are tracking rather strong back orders consumers are looking for. a couple of things that we're watching for, it's also hewlett-packard. why do i say that? frankly, if you look over the last year or so at this company, first, let me give you a one-year of apple. here's your one year, right? but look at somebody when you compare this to hewlett-packard, apple to hewlett-packard. if you compare the two, let me show you something -- i'm not having good luck with my stock radar chart today, but if you hit this, compare apple, there we go. it's t magic, isn't it? -- tv magic, isn't it? be apple is in blue, hewlett-packard in the yellow. what do you see here in the trend lines? this is what's on my radar in particular is kind of that flat performance when it comes to apple. there's a lot more momentum in hewlett-packard, but that earnings report after the bell today could change the pace, maybe steal some momentum. watch for iphone 5s, that's going to be crucial. the demand for the 5c and also we're going to, hopefully, get some

they have restructured a lot. a lot of cost savings embedded in them.t if a january sequester is better. >> i was disappointed by honeywell. david on the show tonight, "mad money." you really had to continue to scale back. mcinnerny from boeing took all of what he thought were going to be the costs out ahead, because he was forward looking about the is sequester. boeing has doubled in the last year. >> because of the commercial side or the defense side? >> you start getting these planes. it is about the yield. the planes cost less and less and he has partners for success where the partners have to eat some costs. periodically, we hear boeing uses orders to airbus. they have more orders than they can handle. soft good stocks are not going down. people are not betting reception but worldwide acceleration. >> one new stock, abercrombie, the teen space, lack of a big fashion trend, lack of demand. they expect the company to warm before this analyst day in november? >> i think we are all tired of the scantily clad teen ads. i'm tired of it. i don't know abou

people with kids or lots of packages. i'd rather frankly be standing up than sitting sometimes on a new york subway. >> me too. but you know what happens, everybody is lost on the subway. they have the ear buds in, they're reading a book. >> they're digin'. >> more on digin' in a moment. >> just get up. >> it's just common curtesy. >> okay. how about eye contact. are you into eye contact? >> we talk about this. we have a lot of studies on appropriate eye contact. >> for our next segment. >> speaking of, making eye contact willie. >> according to a study, eye contact makes you less likely to win an argument. it flies in the face of what we have been told. a new study, participants watch videos of speakers expressing controversial opinions. the result, people less likely to shift their opinion when speaker made direct eye contact. i think it's direct constant eye contact that's so creepy. >> when you don't look away. >> when you never blink. >> no negotiating when you're intense eye contact. >> i think it creeps people out.

a lot of fog. a lot of 40s. mostly sunny, it will be nice to mild. the low that gave southern california rain is all the way up into rabbit city, south dakota and heading north. for us it's left behind an onshore breeze. 27 up in tahoe. 37 in reno. ukiah, 33. 46 concord. 40s for walnut creek. livermore, san jose, 49. there's a bunch of 45s. san rafael, novato, napa, all in there. it's cold for some. you can see the clearing is taking place. it will be sunny except for the fog. one system pushes off. another system pushes to the north. this system will die. it looks more like the northern sierra than the sierra nevada. if you don't have the fog, it will be sunny. the system will kick up a northerly breeze, it should take care sunday into monday. it looks nice today. higher clouds, breezy to windy. cooler and breezy on sunday. for you, a lot of fog -- for us, a lot of fog. it will give way to sunshine for the coast and some. it's up and down the coast. we're going 60s and 70s. it won't be very warm today. temperatures in the inland locations in the low

the currency is given a lot more leeway than a lot of on countries in a similar position. >> a lot ofpeople talk about the damage done to the u.s. reputation when it comes to economic issues. do you feel that's long-term damage and it's very serious damage? >> no, not at all. i think it's a very healthy sane that we're having these debates. in other countries, the debates would be quashed. i think that it's healthy that both parties are able to express their views, and at the same time, this thing was solved. it was solved the last go around and in this go around. and major issues are being put on the table. and they solved this time or even early next year. it's probably about a five year process to address these overtime. and ironically, perhaps, obamacare might provide the vehicle for run away healthcare expenditures. we'll see about this. >> so you would expect the congress to deal with entitlements between now and january? >> i think that they will begin to talk about them. a lot of people focus just on the government debt. the april $17 trillion in debt. and from an analyst stan

a lot of these messages is you need to have a seizure and die.y attacked me in the text messages for giving birth. if their a minor, i would like their parents have some sort of punishment or community service. if this person is an adult need to be brought these to justice and community service working with special needs children might open their eyes about what shea has to suffer through daily. >> let me tell you something, you have opened all of our eyes to not only how terrible these action ws were to you but you he opened our eyes to what a beautiful person you are. i want you to know i'm with shea too. >> thank you. >> i think the whole country is. god bless you. thanks so much for being here. >>> coming up, we're going to talk to panel of folk who is have been effected by bullying including a teacher, a singer who is raising awareness through his music and a man whose at the age of 13. that was after years of being bullied in person as well as online. you just saw this powerful story of shea. what a moving story this is. when you see that,

i understand that you had a lot of water in there? >> a lot of damage doesn't begin to explain it. we had a 12-foot tidal wave over the top of the building. there was not a thing left. to say it was damaged does not begin to cover it. >> tell me what happened, how did you rebuild this? >> we rolled our sleeves up and we just jumped in. friend, family, sheer determination, we did it 24 hours a day seven days a week, and we just made sure it happened. >> you must have had insurance money, no? >> absolutely not. we had no flood insurance. none of my business insurance got covered. no government help. the only a grant from national grid. we love them. they helped so many businesses in the area. >> everything is not up and running in staten island just yet. >> no. >> a year later there is a lot that isn't happening. give me a sense of what it's like around there. >> people don't seem to realize there are so many people who are not in their homes. so many people who have not been able to rebuild. so many businesses even if their doors are open, it was so hard for them to get their doors

so we have a lot fewer people and a lot more responsibility in the government just haven't kept pace with that. >> particularly perhaps the national security area it's more important for contractors to get as many contracts as they can, and less important perhaps to do a quality job or to finish the project on time because there are fewer people in the government monitoring that? >> well, i think the real story with the snowdon leaks and what happened with booz allen is that booz allen was doing an unbelievable amount of work i in the intelligence community. and here you have a guy with this kind of access to very classified information, highly classified information, all the documents he has gotten were clearly available to him as a booz allen contractor. it makes me question why we have booz allen doing that kind of work at that level. we as a country need to draw the line and say above this line we're only going to have government-trained people. that means hiring a lot more people to do it for the government, that's what we should do. i don't think we should have booz allen carry

there is a lot of concern. i think the public has become a lot more aware of this technique over the years, the last couple of years certainly . >> this is not the perfect process either. about 90% that are drilled in the u.s. today will not be productive without hydraulic fracking. it's here today. >> it generally comes from poor handling. a lot that you hear about the lining of tpau faucets on fire and thoer things. most are related. >> there are certainly instances of contamination and i think most comes from careless handling on the surface. >> we have a social media question for you. >>> u.s. surpassing russia as the world's largest oil and gas producer. does this underline green energy? >> that doesn't mean we shouldn't develop other technologies. the most important thing we can do here is concern . the longer you make your supply last . >> also plain old contra version saves a lot of oil. >> we really appreciate you being with us tonight. you. >> scarlett joe hansen gets epl [[voiceover]] gripping films

>> they made a lot of mistakes, to be honest. they made a lot of mistakes, im surprised.t is a big agency, they made a mistake with the central contractor for the i-t contract, i thought they would have been better prepared, they are not, they are licking their wounds. gerri: how do you look at it? who should take the responsibility on their shoulders right now? >> head of hhs, kathleen sebelius' responsibility. she delegated it to cms, they made a huge number of mistakes. i think that pressures they were under in the administration contributed. the president should have i think have done more to acknowledge his administration made mistakes today. he would have been much better served if he talked about what went wrong, when it was likely to get fixed. instead of dodging it, and saying look that is just the web site it is a grit product. this is the -- a great product. this is the issue, if it is a great product, you have a insurance policy, you show up, doctor says i'm too biz to see you, and bi bussey to see you. >> to doug's point, president made points, how about a re

bit earlier via the special flight it's being accompanied by these two hundred bikers now there's lots of excitement here on red square music is playing by just being performed by these military orchestras everything is perfect except for one thing the flame is still not here of course it is going to be here and that's pretty much going to start the most important part of the day for everyone who's gathered here today later we're also expecting to see the president other musical and dance performances and so on but if i show you the real way we'll start on monday. so the question is how did you take the flame from sunny athens all away to moscow well it's quite simple you put it in a small lantern and then you put it on a plane but that's not just any old plane that's to be i paid plane and i've got a ticket. we now cruising at thirty thousand feet and tucked into the seat twenty five billion take flame you might notice it has been nice to light a couple of other lanterns and that's because one of them might go to bed so they've got those extra ones just in case now they are in good co

there was a lot of cynicism about politics. how do you feel you have made a difference under your tenure there to, you know, enhance trust or faith in our political system? >> the purpose of the ftpc was to enhance faith and trust. clearly a large percentage of americans do not feel that trust in government. we have made inroads, though, and i think we've provided much greater disclosure. we've shown the public that we will fight for disclosure before an election when it counts, when it makes a difference for them when they vote. we've tried to provide a lot more information on-line and in a way that is easily accessible to people so they know more about their government and about political activities. >> in fact, your tenure will probably be defined by $11 million contribution from an arizona group that was secretly done, came just before the 2012 election. it was designed to help sink prop 30, the governor's tax increase measure, and you went to court to try to force them to disclose the true source. what did you learn from t

and just probably they've taken a lot of heat and it's probably not doing a lot of good. it's controversial and difficult to do simulation experiments on the effect because we only have a few years of data. but it's clear that if we look at average growth rates for the past four or five years, they are about 1.9% in the u.s. with inflation drifting lower. so to whatever extent printing money to buy government bonds and mortgage-backed securities has been undertaken it hasn't really let the economy on fire partly because the demand for cash remains quite high in a world of a lot of policy uncertainty in the event risk and companies hold a lot of cash. individuals hold a lot of cash partly because of two basic reasons. one is the option nullity that cash gives you and so companies like that if things go badly and opportunities arise if you've got cash, that's good. and then if you are a large corporation and you can afford to do that that is an attractive idea. so, against the background and just to put things in perspective i went back and looked at the net worth of househ

they were easily coded, filthy, there is a lot of organic aerosols.ack carbon on the surface is going to contribute to climate change warming. >> on the scale of 1 to 10, 1 being perfect air, 10 being horl horrible, how bad was it? >> the air quality on the rim fire was way higher than probably any urban pollution anywhere on the planet. >> is that a 3 or 4? >> on a scale of 1 is terrible it would be a minus 2 or 3. anybody breathing that air would probably have reduced life expectancy. a slew of carcinogens. >> the research on this mission will help us understand the atmosphere better and hopefully find ways to keep it cleaner. >> next we'll be testing the confection of the clouds. we'll be flying in a slow vor texas up to 40,000 feet in order to measure how those emissions vary at different heights. >> the results don't always come quickly. >> what are you finding in there? >> hydrocarbon, methane, ethane, benzene toluene. even if we stop make methane today, we would still have a lot of methane. >> contributing to making the temperatures hotter? >>

of people nervous, causing a lot of stress.ext week. their bus shuttle service can only carry 6000 people but think about it, about 400,000 people ride bart every day. the ktvu's tara moriarty is out now talking to commuters this morning at the walnut creek bart station. she will have a live report for you in about 30 minutes. >>> marin da city councilman steve glacier will be back out there this morning still collecting signs -- signatures trying to ban transit strikes in california. he is gathering signatures for a petition. it calls for legislation to ban state transit workers, including bart workers from walking off the job, glacier says transit workers in san francisco and cities around the nation already are banned from going on strike. we have to note glacier is running for a seat in the seat assembly. >> a bart station agent and his wife harve convicted in a scheme to sell used bart tickets on ebay. avery and gladys nole were given fie years probation and ordered to pay more than 48,000 dollars in restitution, he was ac

a lot of that is going on. >> a lot is going on.to remember the central bank in iran is sanctioned. they can not do business as usual. they have found these unique loopholes or ways around it but at same time their oil out put has been cut by half. melissa: yeah. >> that is very, very significant cut in their economy but as you said -- melissa: they're not getting paid in full. other countries money is sitting -- what is impact of that? if there is money sitting in japan, south korea, turkey, owed to iran why do we care about that? >> we're the ones we're basically pulling the strings on that. if we give them the economic breathing space, imagine all of this flooding into the country and they are going to revive the economy the way that they want. they are going to strengthen their power at home. meanwhile talk about human rights. businesses as usual back in iran. prisons are still being flooded with journalists and, christians and we know all these things are still going on. melissa: yeah. >> you about the money is there. and we kn

david: got a lot of earnings coming in.potle shares coming in at reporting earnings moments ago. nicole petallides on the floor of the nyse. nicole: you are absolutely right, up $9 if i am standing here, we're watching chipotle jumping up. it will be testing the new highs. the sales for good news, they talk about seeing new restaurant opening for 2013 and 2014. also the fact the sales are looking really good, so expect for chipotle to be a real winner to the upside tomorrow in friday's trading. the fast food company that continues to while wall street. david: it is now $944. this company is jumping after hours. just curious about it. a little bit of ad lib. from nicole petallides on the floor. liz: oil prices, they fell to a 3.5 month low after industry report of increase in supply. pairing that with signs of weakening demand. we go back to lincoln allison and sandra smith. sandra: finally we will get a government report on the supply and demand levels next week. that was just announced. still, we have some private industry

this he say the then in a lot of help in their scheme. police are combing through computers and analyzie ining dnm the papers. >>> moving on to sports. i indy rolled out the red carpet for peyton's return but what a game it turned out to be. peyton manning received a warm welcome but the rest of his visit was all business. denver gets on the board first as manning connects with eric decker in the second. manning under pressure a forced fumble recovery for a colts seattle and luck keeping the lead runs it in for the touchdown making his papa proud. manning falls short with an interceptionment broncos suffer first loss, colts win it, 39-33. >>> pats and jet, game tied. geno smith throws a pick six with a 79-yard score. later he runs in for the touchdown. controversy in overtime. jets kicker gets a redo when the paints are called for unsportsmanlike conduct. a flag for pushing his own teammate into the line. missed the kick but gets the next to win it, jets win it, 30-27. >>> chicago trailing by 7 when hester gets his 19th punt return tying

a lot of them are cash buyers. cash speaks louder than borrowing money. >> are you worried about sustainability of this business? while it's going well you're not asking questions? >> you know a little bit of both. you always worry about when it's going to stop. i mean we saw in 2008, somebody put the brakes on and we all flew out of the car. but you know we always worry about it as builders. we've got a lot of money out there on the line and you get too much out there you get in trouble when somebody hits the brakes. so we always worry about it but i think it's got a little bit of time left. who knows how long? but things are going really well right now. >> you know we see this mortgage rate increase, we see a bunch of things going on in the economy but we're still hearing that housing is strong. what's your sense of the market? i know you don't have a whole lot in process but is housing stronger or weaker? >> it's much stronger. i think every year we had a reblild from 2008 to maybe around with 2010, 2011 and the

and there was a lot of debate, a lot of discussion. and there was a question of how many years it would take to balance the budget. there were discussions on medicare. but it wasn't trying to defund any particular program. it wasn't aimed at any aspect of bill clinton's program. like we weren't trying to defund or repeal the tax bill that he had the year before. and so it was i think on much more solid ground. on this time around it's really entirely between some of the x factual stuff. john boehner told us three weeks ago he would never attempt to shut down the government over defending obama care. he said that was a losing strategy. he said another route we were going to take was not going to involve defunding obama care. then these 30 or 40 republicans from the ted cruz fringe of the party basically said they would bring everything down, they would not cooperate and they brought everything to a halt. and john boehner tried to accommodate them. that's how we get into this. it's all about defunding obama care. it comes from about 30 o

you see a lot of the themes and a lot of self-delusion in this republican rum p, that you saw in the house republicans back in 1995 and 1996. they were sure then that government was so unpopular that the public would cheer the idea it was shut down. i don't think they are quite as expecting that as they are thinking that the political market has almost priced their craziness into it. they are used to the dysfunction of government and used to the hyper partisanship and polarization. so they think they can sort of live with the cost. i think that it's not so much the tea party hopefuls and faithful but those conservative but less staunch republicans who will feel the pressure. maybe this is all a way to get the really utterly catastrophic prospect of the debt ceiling not being raised to make it easier to do that. this would be john boehner's secret public service that we're just seeing unfold without realizing it. >> you're saying one party of the caucus will have to take power back from the other part, part of that will come from pressure from the american people and from the presiden

a lot of bamboo. a lot of other features that you say is the next step in going green. >> correct. we use bamboo a lot in the house, both aesthetically, the hardwood floors and the decking on the outside. the structure of the house. the flooring and roof are made out of bamboo, which are designed and built by students at santa clara. some of the other features, we see a lot of greenery also. i hear there is a wayne barrel radiant heater. >> yes. i will take you on a quick tour of the house and show you all these cool technologies that we have. back here is the mechanical room, more of the brain of the house. like you said, there is a wine barrel back here. this is part of our water heating system that uses the sun's energy and stores that energy. >> i hear you can take us into the kitchen as well, which is where i spend most of my time. >> you are walking on the back deck, this is the back door of the house. we are going to enter into the great room. we have some people in here working right now. we are getting ready for competition which starts in about 15 minutes for the day. >>

and music from a lot of schools. so once that happened, we -- i was working with a lot of the schools who felt like, you know, we don't have an art teacher. we don't have a music teacher but need some type of instruction here. so what i did was i tapped in to the local arts community and recruited and trained them, gave them p. do thousand engage students and then sent them out to the schools. so we had schools all over the city where we had muralists and painters and singers and poets, we would match a poet with an english teacher and have them there for six weeks to create. out of that i realized there is a big need for this. even today we have sites now with work with d.c. housing authority, howard university we host thread hundred students at howard here this summer with the d.c. achievers program and covered 15 different arts offerings to supplement the academics that they were doing every day. so i feel like, you know, the arts instruction is the piece that again, when we talk about 21st century skill building,