based primary care hepatitis care treatment and ahead of the hiv care and we co- run a center of the obsolesce in the tenderloin. through josh about 12 years ago we started or josh started the first medication adherence program for people who are homeless or mentally ill and many people were written off because they were thought two disorganized to manage it and we said no, we, take care of those people and help them and that program continues (clapping) we've had integrated prim care and behavioral health before president obama thought about that. we have our psychiatry services. and our transgenders tuesday's. wee which is about to celebrate 20 years of service this january (clapping) and tom o'dell urban health remains at the forefront as itself services for the transgender community are ignoring both to be another service and we can do it all in the state of the arc facility that's a shining example to all of this city's undying testament for those who are surviving with multiple chronic conditions and poverty and the like. we've been doing it and now we get to do it in style (clapping) >>

you bought a car two years ago before, there was obsolescence built into it.ou would have to replace it after three years. now we keep our cars for seven years. >> google is said to be considering designing its own server chips using technology from arm. for more on this story, let's get to caroline hyde. how would this help google? >> it is all about control and cost. chips, server processes using arm technology. it could better control the interactions between hardware and software. now that we are using products that do not need massive computer power, you do not need "the ferrari of chips." you do not need intel chips, which cost a lot of money. hardware, at the moment, google making smart phones and tablets and laptops. they have also been designing their own data centers that use chips to power world search, video, online communications. a spokesperson for google has said they are actively engaged in designing the world's best infrastructure, both hardware and software design. thes all about making connections between hardware and softcore -- and softwar

particular ritual, on a particular fiesta of a particular month, and then you'd -- sort of a planned obsolescencewhere they'd have to be replaced constantly. secondly, they may have been purposely broken. some of my colleagues believe that these were used and then purposely broken. and the other possibility, which sometimes i grip the bed at night thinking about, is that perhaps some of these are just toys and may have been -- um.person-handled by kids to the point that they break very easily. keach: barbour has discovered that many of the fragments were actually the parts of marionettes. their arms and legs would have been attached by string. large figures are called "hosts" because the body always contains one or more "guests" inside. archaeologists think that at first each family made their own figurines by hand. but then, barbour discovered, an important change took place. barbour: between 250 and 350 a.d., the mold was introduced into figurine making in teotihuacan, slowly replacing handmade figurines completely. during the later part of the city's life, you have a combination often of handm

but isn't there planned obsolescence to the phone design? if my phone is healing itself i don't need a new one. do youorry about tat at all? >> speed of change and ovell components of the smartphone industry is so fast, consumers will want the lest, greatest device. the latest, greatest processor. >> i worry about scratches on the front more than on the back. i was surprised it is only the back ha heals. the front is where i'm looking and with it really bothers me. >> of course this technology protects entire phone. in the front there is usual strong glass that protects the phone. the glass is also flexible but flex as little bit. melissa: it does but doesn't heal a little bit. that is where you nee it. are you moving into that direction with the technology >> technology might come down the road. we'll see. melissa: for sale right now. it is in hong kong or south korea, launching in hong kong? what is reaction like so far? >> the demand has been interesting from the press. we don't know exactly what the consumer response i yet. it is too ear

consumer electronics -- officemax, unplanned obsolescence as a scarlet indicated. >> stephen engle undergroup, you track currencies and strategy. part of the burst of shopping we have seen from overseas over the last couple years has been driving those numbers higher. the dollar has been strengthening. european and japanese forests do not get enough bang for their buck. >> coming from an emerging market is not as pleasant to shop. as do not pay for the trip you used to. europeans still doing pretty well. brits doing better than they used to. seems to the problems be is that there are so many malls. a lot are anchored by stores like sears and jcpenney. if people do not go to those stores, they will not go to the mall? >> the in-line tenants are really in trouble. b and c malls, in addition to bankruptcies, beyond loehmann's, a lot of people in the malls -- restaurants or retail -- decline in customer accounts is compromising many of those. >> they are shutting down. to the mall owners credit, they are shutting down these anchor morets and putting in interesting things. community centers,

they have 30 million subscribers and they also have a that isness technologically obsolescent and generates roughly half of their ebitda. you are losing a business that is producing as much earnings as three or four domestic streaming subscribers and maybe five or 10 international. >> you are out there working on "bloomberg west" and you do a better job of covering the media than anyone i've seen. i'm looking at a p/e ratio of which is insane. >> does not make sense when you get to that point. what did the bulls say? >> i think you have seen over the past couple of years the stories of platforms. whether it is amazon or netflix or pandora, three examples of companies that have incredibly hot stocks over the longer term. with financials that don't make as much sense. people are looking at the long game and saying that people will choose specific platforms and maybe one is based on music and one is based on entertainment. the strongest will survive. they will have more leverage ultimately even if the financials don't make sense in the short term. when it comes to here in hollywood what is act

it's, you're really set upef time, of businesses building cash balances, true but there's some obsolescenceof trade are very much in favor of american firms manufacturing here for domestic, domestic consumption and there's a long way to go in terms of building and rebuilding plant and capacity. adam: let me ask you two questions as we start to wrap up, i want to talk about housing, household creation as we perhaps put more people to work but first i want to talk about the wildcard here which is china. we're already seeing credit stress in china. could that be a black swan event that could tank our economy or whatever happens over there be irrelevant to us here? >> it wouldn't be irrelevant at all and i wouldn't characterize it as black swan events looking at it. we all, you know, are keeping our eyes on it and that is probably the major negative for u.s. and global growth in the coming year. the problem is, nobody really, truly understands what's going on there. you know the numbers aren't quite clear in terms of whether or not we're seeing truth when the numbers are reported. and so, you j

economy, but we all know that the obsolescence of vehicles played a big part in that.rime auto lending and we see all of the consumption in many ways at the expense of other areas. like apparel to name one. is that dynamic telling us something we choose to ignore? last but not least is japan. japan seems to be where all roads lead for conversation regarding strategic trades on this trading floor, because as confusing as the first three areas are, it seems a weak end -- and the moral of the story, looking to the u.s., in my opinion, the biggest trading issue for 2014 isn't going to be on this wonderful trading floor, it's going to be in voting booths in november of 2014, because i really think that we are at a stalemate in many ways, like entitlements and like some of the big issues that the recent budget swept under the rug. but firsthand experience is going to make the 2014 elections big, and maybe it'll make third rails disappear that politicians need to be honest with all of you out there that we have a whole lot of work to do and we're certainly not making much pro