they're going to come from the neighborhood, the tenderloin, mich., those areas. it is very important. -- the tenderloin, mission, those areas. it is very important. supervisor mar: thank you, next speaker. >> thank you for giving me this opportunity to speak on the support of the rebuild of the hospital. i am a local business owner. this construction is vital to the corner of and job creation. i am waiting for the hospital to start and trying to hire local workers. i am getting nervous, i am sorry. i have a back room that needs to be filled with workers. i think this hospital will do that for me. it will do that to rely of the restaurants and bars and hotels in the area. in that area, and nobody wanted to go there before the park was built. and now that place is vibrant, high-rise buildings, restaurants. it is essential to san francisco for this project to go through. it will create a lot of jobs. thank you. supervisor mar: thank you, next speaker. >> good afternoon, board of supervisors. i am also a member of the association. thank you for allowing us to speak t

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we lost your audio again we're going to we're going to toss to a quick break we'll have more with miche after the break also still ahead jock's aren't the only group of students being lured out of college for their skills anymore the tech sector is trading lucrative contact tracks for up and coming engineers and software developers to we'll give you our three cents on the revenge of the nerds you could call it first so your closing market numbers. technology innovation all the developments around russia we've got the future covered. all right welcome back thanks for bearing with us because mischa if there's anybody worth listening to it is him so let's continue to get your excellent analysis on europe mike said locke you were talking about how there needs to be a scenario for breaking up the euro zone however today we hear mario draghi calling for more consolidation in the sense that he says that banks can't be regulated on the national level we need a central authority in europe to regulate them hey is that the solution mike said lock. it's an impossible solution to all out why don't i

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host: cliff, saginaw, mich.. caller: thank you. you made mention of the housing debacle and freddie mac and fannie mae, did not your wife said on the board of one of those institutions and what qualifications did she have that allowed her to sit on that board given to my knowledge she was the former first lady of michigan and an attorney in texas. [laughter] guest: in the old days, the boards had presidential appointments, and my wife was appointed to the freddie mac board has a public member and then was the first public member to be elected as a board member. she served on the board because of her financial background and expertise and was somewhat helpful, but the end of the day it is an interesting story to follow the collapse of those agencies. what happened was there are a lot of policies that are still being reviewed that played a role in that. host: what policy needs to be changed? guest: the decision as to what is the role of public finance in the housing market. in the freddie and fannie debacle, one of the things that le

mich >> thank you very much. thank you all for coming. for watching to the viewers at home. i just want to start out by talking a little bit about howi this book came about. talking about how this book came about. i've been covering ford motor company for the detroit news since 2005. and from the beginning when i started covering for it, i knew that i was really witnessing an incredible story. i didn't know how it's going to win, but i knew was happening in dearborn was either the death of an american icon or its resurrection. embolus privately rooting for the latter is going to write the story either way. so as i followed the two-day event of a turnaround for the detroit news, i also in the back of my mind was writing this book. and in 2010 when it became clear that ford had turned the corner and saved itself and data without taking a taxpayer bailout i might add, i approached bill ford, junior, chairman and ceo alan mulally with a proposal to write this book to tell the real story of ford's turnaround. i really felt this is a great american story at a time when so many cor

. >> host: let's go to james and the independent line from woodhaven, mich. you are on. >> caller: good morning. thank you for taking my call. i was wondering, being that the federal reserve is our major get older, we owe them more than china, why is it that there is no oversight and we have no idea what they do? is there anything, maybe, we could do about that? >> guest: that is a very interesting question. much of what the fed does is in connection with monetary policy. monetary policy, by definition, needs to be confidential until sometime after decisions are made so that the efforts of the fed are not compromised by people trying to take economic advantage of their decisions, not withstanding that i think your point is a very valid one. we need a great deal more transparency for all financial regulators, and figuring out what the policies are, how the agencies are trying to a compliment them and what the potential risks as well as the benefits of those policies are, things that need to be disclosed. and disclosed in a way that all of us, you and me, can u