commissioner moran: commissioner torres: commissioner moller caen: commissioner moller caen: viet vietcommissioner vietor: commissioner courtney: ed harrington: donna hood: donna hood: (music still playing). sf government tv. san francisco television. meeting about to start good afternoon., commissioner vietor:.or dor here. commissioner courtney: here. >> commission caen is expected to the shortly. >> minutes of the august 28 meeting. motions? iy seconded. all in favor all in favor, eye. this is the time for public comment es. do we have public comments? yes, sir, >> my name is ryan thomas i work with the sf puc [?]. >> are ehere for ed's item, that's on the agenda, so, please hold off until then. any other public comments not on the agenda today? okay, thank you. communications? we have several vip reports before us. i think, any questions or comments from the dmition? okay, any public comment on the communications? okay, thank you. other commission business? >> i did want to inquire about the joint pc environment commission meeting and if we're moving forward with that. i have another inquiry ab

moller referenced, -- but the referenced, this building was voted on twice. -- butler referenced, this building was voted on twice. there were nine commissioners that voted on a conditional use. only one vote for this project. i am here to follow the process through. i urge you to please go through and denied this project as it is. >> thank you. >> good afternoon, commissioners. i would like to read a letter. we passed resolution concerning 1601 larkin street. that shall incorporate elements of the historic first st. john's methodist church. this approves the eir and the proposal for the project. the recent requirements by staff and a new architect are similar in height and mass. we strongly support efforts to reserve the reuse of the historic buildings. we oppose demolition tactics to win project approval. we believe san francisco mo greatly benefit if historic preservation laws and sepal laws are strictly enforced. -- ceqa laws are strictly enforced. we will never forget what this developer did to the japantown vote. the developer tried to diminish the cherry blossom festival food fa

moller referenced, -- but the referenced, this building was voted on twice. -- butler referenced, this building was voted on twice. there were nine commissioners that voted on a conditional use. only one vote for this project. i am here to follow the process through. i urge you to please go through and denied this project as it is. >> thank you. >> good afternoon, commissioners. i would like to read a letter. we passed resolution concerning 1601 larkin street.

moller referenced, -- but the referenced, this building was voted on twice. -- butler referenced, this building was voted on twice. there were nine commissioners that voted on a conditional use. only one vote for this project. i am here to follow the process through. i urge you to please go through and denied this project as it is. >> thank you. >> good afternoon, commissioners. i would like to read a letter. we passed resolution concerning 1601 larkin street. that shall incorporate elements of the historic first st. john's methodist church. this approves the eir and the proposal for the project. the recent requirements by staff and a new architect are similar in height and mass. we strongly

i appreciate commissioner moller caen's concerns about cost and speeding things up. at the same time, there are enormous real-estate challenges to deal with central shocks and to move things around it in the southeast in particular. we cannot do too many things at once and keep the system running. i think staff is challenged in trying to figure that out. there are some very real issues with how to phase it. very briefly, on the green infrastructure, i think that will have impact on water conservation. as there is more water infiltration, that will have portable and non portable offsets. we should look at water conservation and green in separate boxes but also in the crossover impact's going forward. in addition to these projects, if $7 billion is not enough, there will be more in the future. possible nutrient removal, all of the future regulatory drivers. this is all the stuff we need to be doing now. we need to continue to invest in the system. it is not a system that invests in itself. we need to continue to follow that. just to end, although the costs are signific

i'm bill moller. angie will be back tomorrow. here's the first look for september 24th. you can bet iphone sales will still be strong today. virtually every apple store on the planet had crowds waiting at the doors. the line at london's regent street store may have been the longest in retail history. 1,297 were outside the door friday morning. this week we'll learn how many phones were gobbled up, and later in the show we'll learn how to make a play for apple in your portfolio. the u.s. treasury department is going to much more aggressively go after the dirty laundry of money launderers. a sweeping new proposal is planned. it enlists the banks in monitoring accounts more aggressively. banks say what the government wants may be too hard to fulfill. and to the relief of many, spain could, this week, announce a new bailout rescue plan for its banks. the financial times reports, if spain meets the eu's conditions the european central bank would also step in and buy part of spain's debt. let's talk with scott bauer from trading advantage. boy scott, a really broad rally. a lo

i'm bill moller. angie miles is off. here's the first look for thursday, september 20th: the conventional wisdom is that republican presidents are better for wall street. hold on. fortune magazine looked at the numbers and it's a pretty close call. example - during george w. bush's terms, the market lost 25%. which president has had the best 1st term run? barack obama, when stocks exploded for a gain of 96%. attention holiday shoppers! the guys who unload ships may be going on strike. the contract for the more than 15,000 members of the international longshoremen's association runs out at the end of the month. holiday sales are so important, just the threat of a strike has retailers considering back-up plans. on the topic of the holidays, a big downgrade for the 3 top publicly traded toymakers, which sent shares of mattel, hasbro and jakks down. the worry: toy sales. they've been dropping all year, down more than what analyst sean mcgown thinks can be corrected by holiday sales. an influential blog says zynga is losing a

i'm bill moller. angela miles is off. here's the first look for friday september 21st. with all the sleepingbags and lawn chairs, apple stores look like refugee camps this morning. yep, after record breaking pre- order sales, the phones are about to go on sale in stores. despite all this hyped-up excitement, though, most analysts say that, while an improvement, the phone lacks the wow factor. a lot of traders say china sugarcoats its economic numbers so you have to look outside for good data. hsbc reported chinese manufacturing is not yet recovering. that news about the world's second largest economy sent world markets down, especially in china, where the shanghai index fell to its lowest point in 3-and-a-half years. and the trading week began on a roll but seems to be ending with the realization that economic activity is pretty weak. though the dow closed up, most stocks yesterday fell, and that could be seen on the broader indexes. all right, let's talk with joe cusick. he is a senior market analyst with optionsxpress. set the stage for us this morning joe: we've got

good morning, i'm bill moller. angie is off. here's our first look. older consumers are sure spending more - on medical bills. a study in a medical journal finds late-in-life out- of-pocket medical expenses are a lot bigger than most retirees anticipate. in the last 5 years of life, the average costs for individuals were nearly $40,000, and more than $50,000 for couples. this is the last week of work on capitol hill before they head home to campaign. can they get something done? there will be debate on tax reform, the proliferation of computerized trading, and corporation offshore shifting of profits, and a continuing resolution to keep the government funded until late march. that's expected to pass. nothing's planned on what to do about the fiscal cliff. and there's always something to talk about in europe. in greece, a week of strikes began yesterday involving, doctors, teachers, bus drivers - even judges. everyone's upset about the austerity program to meet terms of the eu bailout. as we always do, we begin with an overview of the markets with a tr

bill moller has that, after the break. @p@po' the nation's drought is spurring new innovations in biotechnology. reports say scientists are working on modifying a corn crop that would have the ability to survive a drought. agricultural companies have been investing hundreds of millions of dollars into the trials, according to the chicago tribune. it doesnt stop at corn. the agricultural business wants the agenda to include soybean, cotton and wheat crops. it's not just a matter of coming up with better seeds and farming practices. weather forecasters have to do a better job at anticipating patterns associated with this drought that's gripped the world's agricultural heartlands. if patterns have changed, not only will new farming systems and seeds need to be developed, new methods in weather prediction will be also needed. one solution, called "precision agriculture," uses predictive analytics. let's talk with lloyd treinish. he's an ibm scientist & global expert on weather prediction. lloyd, give us the thumbnail explanati

i'm bill moller. angela miles is off. here's our first look for a friday morning: it's the first full trading day after the fed announcement, and qe3 will be all over the markets today. the central bank will extend super low short- term rates until at least mid- 2015. and it will buy upwards of $40 billion a month in mortgage-backed securities. on the heels of the fed announcement, gold investors cheered. gold shot way up yesterday. money is pouring into gold- based exchange- traded funds. central banks are building their gold reserves. in germany you can buy gold at train stations. 100 years ago, jp morgan told congress, "gold is money. everything else is credit." the fed chairman said housing is the missing piston of the growth engine. but moody's has raised its outlook on the country's biggest homebuilders. low interest rates, lower home prices and pent- up demand prompts moody's to raise the outlook from stable to positive. and the u.s. government's budget deficit for this fiscal year has passed $1 trillion. actually

good morning, i'm bill moller, angie miles is off. here's our first look. boy, builders are bullish. the national association of home builders & wells fargo have a housing index. in the grip of the recession it was 8. last december it broke 20. this week it was up to 40. the nahb says more people are visiting model homes, not as window shoppers, but as buyers. once again american investors, even as they bid up the indexes, are keeping a wary eye on europe. things are far from being resolved there, and the worry is that, with so much unsettled with greece, spain and how much germany can be stretched, the current woes will spin out of control. morgan stanley's chief economist in london describes it this way: we are in a global economic twilight zone. quantitative easing has driven stocks up & up, but economies around the world are losing their fire and still teeter on another recession. let's talk today with our trader, john brady, he's with rj o'brien. john, let me ask you about the gold sell-off. are you worried about that at all? > > the gold sell-off has

commissioner moller caen: i do not know how to approach this exactly. this is my third go around with waste water. the last was in 2002. that is 10 years ago. i am thinking about the folks in southeast. they have waited all this time. i am looking at this time line. those digesters are about 10 years out. i do not think it is right. i think we have to revisit this and see how we can speed up everything. it just is not right. >> i think you are right. certainly, if we can use alternative delivery mechanisms , the ceqa process is three years. a lot gets nested. you have to have a certain amount of planning to get into ceqa. then there will be a little bit of sign work afterwards. that is an up-front issue we will have to deal with. we agree and we want to see it happen sooner. it is such an important part of phase one. it is important that the funding be included as phase one so we have an opportunity to throw everything at it to get this to happen as quickly as possible. dan, i am not sure that he mentioned, we will be improving the existing digesters so

i'm bill moller, angela is off. here's the first look for monday september 17th. traders, investors and market- watchers will start this trading day still digesting the fed's stimulus move and fresh data that show an economy still struggling. manufacturing got us out of the recession, but production & output, 2 separate indicators, remain weak. not so fast new york stock exchange. nyse euronext will pay the government a 5 million dollar fine. it violated rules by giving some of its paying customers early access to trading information. no exchange has paid such a penalty. and a sign of the times in europe. for centuries the catholic church has been off- limits to government interference. but things are so bad, the washington post reports governments are chipping away at ancient tax breaks. take spain. the church is one of the country's largest land owners and could be forced to pay nearly 4 billion dollars a year in taxes. let's talk with our trader today. larry levin is the president of trading advantage. larry, all that euphoria from last week, are you still feel

i'm bill moller, angela miles is off. here's the 1st look. the fortunes of facebook, that social media belwether, keep falling. barclay's bank has cut its price target to sell the stock from 31 to 23 dollars. the bank doesn't see facebook's mobile business taking off. its stock is still selling for under 20 dollars. last week the european central bank buoyed financial markets, announcing it would be on a bond-buying binge that again brought europe back from the brink. this week financially, shaky spain will be seeking details on the conditions for that purchase. for the first time since may, spain's 10-year debt yields fell below 6%. also this week, germany's constitutional court will decide if the eurozone bailout fund is legal. the question is over constitutional restrictions on government-to-government investment. the german finance minister said he's confident the court will find a way to deem the $630-billion rescue fund legal. let's kick it off with trader caught now, and our trigger this morning is todd colvin. he's the sr. vice presid

commissioner moller caen is going to be important because for her entire tenure she has had a laser focus on finances and getting them right and also on common sense. i talked to her on tuesday after the vote, and we agreed that we need to roll this program out in a sensible way and an economically sensible way so that it gets done right. and when it comes to the build-out francesca vietor was crucial to making sure that that was in the program. for many years, it was sort of an after thought and we had to fight and fight to get it in. and francesca tipped it over the top and made sure that it happened. and for a lot of other -- you know, it's absolutely vital to retain a solid environmental seat on the sf puc and she is clearly it. and then vince courtney, because of his deep experience with labor, and especially laborers that have worked on renewable energy jobs, he will get in his bones the importance of getting clean power sf to the blocks correctly, and making sure that we get that build-out to actually happen. tuesday, show us the money on this local installation and local jobs. and

. >> i might moller. i remember in 2008 eric cantor said that while this was a really dire situation we have all this opportunity that emerged and so. [inaudible] i was just wondering in your view, what is the opportunity given the current market? >> well, you know the bad news. the good news is i think it was lester thoreau who when we first started said epi one day said if all the labor unions disappear tomorrow, the day after tomorrow we have to re-create them. so the problem is not going away and trade unions and the solving of that problem will always be somewhere but you know if you go to the history of the great depression, it said quite a while for labor to come back. back in the early 1930s the afl-cio was losing something like 5000 members a month. it was just a bleeding all around. the good news is the problem won't go away and probably in some bizarre sense get worse but the second is that i think that a majority of the american people if you look closely at all of these polls, they are not in

substantially revisited at that time and a better understanding what is the right bubble how the have a mollernsparent process and we think there is an opportunity of ready to reduce fees. with the sourcing initiative and to discourage agencies from doing the right thing. we want to reduce other fees and kick off what is the rate structure going forward to recognize the analysis. >> i agree there is a reason to establish a reserve fund. but this is clearly a time where every dollar counts and you have millions of dollars in the excess reserve fund diameter do to figure out how to reduce the fees to the agencies so that reduces pressure to raise those dollars through taxes but also with the omb and also how to use the excess funds to help us to get back to balance. my time is up. >> administrator, what do talk about the conversation of gsa employees in the incentives and bonuses. the data we look negative told us more than 40% recede compensation in excess of $100,000 and exceeding $2,000 with 279,000. in some cases it could be warranted. and should sell. with extraordinary and uncontrolled ove

circumstances, the moller it looks like this the less likely it would occur. could it falls through the? absolutely. information is still not being shared effectively and quite often it is about to u.s. percents and congress and the executive branch must assure it this effectively shared you can get to second to and third opinions not forced to take one view if somebody is a threat to. >> could this still have been today? >> absolutely. . .