paulson is very welcoming. he squirmy and my first day. he sent a message to the treasury department that he wanted to make it work with sigtarp. they were just about to put money in the auto industry and what the he had an agreement concept that ideas we had to protect taxpayer money. gaither was much more dismissive. i did meet with him all that often. maybe a couple of meetings. at times he was very combative, at times aggressive, at times profane. stylistically there was a difference. substantively we saw a lot of the same, pushing back on what we thought were commonsense approaches to protect taxpayers and bring more transparency. reiko put this into the equation. elizabeth had a drink wishing tim geithner. >> the government had to act in the largest and weakest part of the system. in that context is danny and freddie aig, we were clear conditions, changes in board and management for reasons he said. >> i'm sorry. you're saying there's been changes in management? >> absolutely. >> in the context of the interventions taken at fannie an

after may meeting as one in the secretary paulson, had this

henri paulson again from goldman sachs. coming over here, geithner came from the new york fed. is this important? he will be an advocate for the white house. they have other responsibilities. collecting taxes. irs report is up to them. issuing the debt. other things that treasury secretary has to have some form of independence. also, tyler, think about it being a loss for the white house itself. not having somebody with credentials that the market can latch on to, to advocate policies. here are credentials of jack lew in the screen we call, you don't know jack. you can see very much political. look at the next bit. twice serving as budget director and most recently as chief of staff. unless you count the preef time he spent at citigroup as being that piece of independence or new york university. it is not the kind of thing tyler that market will say, you know what? he is one of us. that raises questions about the policy and also we talked about is he is the guy who will be in the chair standing up for the financial -- for the next financial met down. >> a long policy insideer.

how paulson is playing all this is only partly clear.e's a big owner of nexton, the global energy company soon to be taken over. he also owns axo nobel. but at least check his top holdings were prior primarily i financial, pharma and gold which he continues to be bullish on. >> i'd like to kick it around with the traders. weiss, i will go to you first. what do you think of the plays he has? the gold thing is nothing new. the guy has been a gold bug. >> none of it is new. redengs real estate has had a major turnaround. i don't know anything he said that's new nor do i know why we should care. he had a great hit -- >> i hear you. >> with the housing cycle -- i always defer to billionaires. it's my first rule of thumb. i say i'm going to learn from a billionaire -- >> before we address the merits, do you have thoughts on where to be bullish in chemical or petrochemical. he's only got one big name. >> the feed stock costs have come down. other costs are going up. so if you're betting on a global recovery, that's where you're going to go. i'm

thank you very much. >>> so john paulson is bullish on housing. home renovations. how can investors get in on the action in that sliver of the housing world? diana olick has more. eye, diane. >> hello. in d.c. you have one renovation, another one next door, another one behind that in the alley and pat turn around because behind that dumpster is a third renovation on one street. that means billions of dollars, thousands of new jobs and big boost to stocks that fuel this business. take a look at numbers here. remodeling spending, just by homeowners alone, that is owner occupant hit 2007 peak of $146 billion. only to fall to $110 billion by 2011 according to a new report by the harvard joint center for housing. now it comes back to the 120 range and this doesn't include the $10 billion spent by foreclosure investors rehabbing to rent. jumping 9% last year and poised it make double-digit gains this year. >> the interest rates have helped a lot. and people are not as afraid to invest in their homes. for a while there, everyone was, you know, scared to

steve paulson will have that coming up. >>> the weather may be chilly. it's been dry.rlier rainfalls created a potential local emergency in east palo alto. ktvu has been following the situation since december 23rd. that's when flooding damaged homes on daphne way. ktvu's brian flores is there live to let us know what's happening there today. >> reporter: good afternoon, tori. it's been several days since the last imagine poor rain storm. as we take a look, the water levels are pretty normal. don't let that -- familiar you. there's a lot of damage and now the city and county are asking for the state's help. with sandbags on the ready, some residents are frustrated that local officials have not done enough for the next big rain storm. >> we have the flood in '98. they say they are gonna fix it. it's still the same. we're concerned about that. >> reporter: that's because along the creek, major damage from the last storm remains. at least seven homes were damaged. so is the levee. >> there's a great deal of erosion. as you know, the water overtopped the levee in the guarde

it seemed like paulson -- >> you don't think so? >> i actually don't think so. >> why?there are aspects of john's firm that are going to do quite well next year. >> what happens, though, at a firm like that when they are so under water that mathematically, to get back to flat, to get to new high ground for so much of the new money that came in, what -- >> listen, we've done a lot of research on that firm. i think he has a very competent staff that are loyal to him. he's a disciplined and patient guy. he's made enough money where he can subsidize that run back to the top. and this is not a guy that i would be betting against and john will be in a one-on-one interview with me at salt in las vegas -- >> opposite positions at a time he took the positions, you'd do much better. he exited a lot of his financial positions and then he bet against european debt at a time when it was time to be in european debt. >> that does happen in the markets. we can stand on the sidelines and be the john madden and circle where the winners are and the losers are. this guy's had a great run o

steve paulson when is it going to get warm again? >> this week. but it was colder yesterday. no doubt about it it was the coldest we have seen. it's still cold out there but there is a little breeze holding things up for some. it will be an offshore breeze today. inland still very tough to get above the upper 40s or very low 50s. here is sal. >>> good morning. traffic is moving along pretty well around the bay area on 80 westbound as you head out to the mccarthur maze no major problems. and this morning you are looking pretty good as you drive on northbound 101 approaching the 80 split. the road work has been picked up. now back to the desk. >>> one city leader is calling for a state of emergency following another violent weekend on the streets of oakland. four people killed. 11 others wounded since friday. tara mority tells us the latest shooting took place at a birthday party. >> reporter: that is right. it happened at a birthday party and basically all of the victims were men. and they scattered and ran to a neighbor's house for help. this comes after a particularly bloody

steve paulson will have your full forecast in a few minutes. and also don't forget you can check your temperatures in your area on our website just go to the weather section at ktvu.com. >>> just 35 minutes ago the faa ordered a comprehensive review of the new boeing 787. that is the jet liner scheduled to make its first bay area flight from san jose later today. this morning in japan two more problems were reported with the dream liner. cracks appeared in a cockpit window of one jet. that is a problem that has happened twice before. and oil was discovered leaking from another jet after a flight. the faa is already investigating three u.s. incidents and plans a news conference in two hours. ktvu janine de la vega will have more throughout the morning. >>> time now 4:34. joe biden meets at the white house today with representatives of the video game industry as he continues to get input on proposals to combat gun violence in the united states. biden says he will present recommendations to president obama next tuesday. yesterday the vice presiden

paulson. >>> looks like you're expanding moscone big size ♪ and i looked in from the inside annual budget eyes in your budget eyes in your eyes in your big budget eyes in your [speaker not understood] eyes oh, oh, oh, [speaker not understood] what a big size high-rise what a big large buy from you guys oh, my, my, it will hit the sky in your budget eyes in your eyes what a big buy i looked in from the budget inside in your budget eyes make jobs for you guys a big buy i can't hide and it's gonna come up big right ride over the years ride oh, i get so tired working so hard, want it better make it come along in your budget eyes. ♪ >> thank you, mr. paulson. i do have one more speaker card from -- i can't tell the first name, monet on the back end. if you go to the other. >>> good morning or good afternoon, supervisors. my name is [speaker not understood] and i live in district 6. and i support this. it's real good. but the thing is we're losing space. it's not too much space down there, is it? i

and as i took that oath of of office on december 15, 2008 in secretary hank paulson's office, a lot was going through my mind, as you can imagine. i thought i was going to be doing a law enforcement job. i knew we had the oversight function, but i thought this was going to be -- this was my experience, this was my background, cops and robbers, and that's what i thought the job was going to be. and that's where i thought my focus would be. i kind of believed, somewhat naively, that treasury sort of had it covered on the banks, and i would help them protect it from fraud. i soon realized that was wrong, that i was going to have to change my focus significantly as i realized as i started interacting with treasury officials just how captured they seemed to be by the magic of wall street, how deferential they were to the largest banks' interest over that of main street. the other people were supposed to be helped by this bailout. what i suggested the first couple of days, that, hey, let's do something crazy like actually have the banks make them tell us what they're doing with our hundreds o

how can we expect a government with hank paulson out of goldman sachs -- how can we get the average person a fair shake? >> that is an example -- a lot of them took short positions and derivatives with speculative debt on how mortgages perform. they would make a profit -- and other hedge funds opposed the market and they wanted the housing market to go bad. they would make money if it happened. in one, the volker rule will prevent that kind of activity. >> why has it taken two years? >> i don't know. the pace of regulatory reform is not that good. >> why do you think that happened? >> it is -- dodd frank led it to authorities to get it done and they are responsible for some of the problems. the lobbying against the regulatory process has been severe and intense. it is not getting better. >> how can they stand up to the lobbyists? >> there is what some people call cognitive capture -- to look at the world through the industry they regulate and they are too worried about those -- you should always listen about what the impact of your rule will be. but when you approach the issue the way the

paulson. public comment is closed. we have a motion to continue to the call of the chair, until applicants complete their applications. we have that motions. we will second that, i can do that without objection. (gavel) before we enter a emotion to convene in closed sessions, is there any member that wants to make a comment? seeing none. at this time we asked members of the public to please exit the room >> during the close session the committee voted to forward item 6-11 the full board with recommendations. >> thank you cannot entertain the motion to close to close session. we can do that without opposition. anything else on the agenda? >> no madam chair. >> seeing none, meeting is adjourned. test >> january at this time we ask that everybody turn off your cell phone. thank you for city halls support. (taking roll). mr. president, we have quorum >> item two the explanationy documents draft 2012 minutes. >> we have a motion to approve the minutes. >> a second. >> all in favor. >> any opposed? next item >> now the draft

. >> let's start with steve paulson, you are sounding better, how are you? >> feeling better. and lady at wall greens said we can't believe how much better you sound. it looks like a carbon copy of yesterday, some 60s and even a few upper 60s. >>> as you drive out to the mcarthur maze it looks good and 280, this could be an alternate route to 101 and that is because we are following a big- rig crash on 101 and janine de la vega joins us live from the scene, what is going on now? >> reporter: well caltrans arrived on the scene and they are putting down orange cones in the middle of the freeway. we are in the northbound lanes, three lanes of traffic are closed because of a big-rig accident and we are told in the next 15 minutes they plan on opening one more lane, so 2 lanes, this is just south of the exit and you can see it is causing quite a traffic back up. just to let you know what happened, this all happened at 2:49 just before 3:00 a.m. and in the distance, it was carrying some sort of air freight and the driver claim he apparently drifted off to the shoulder for some unkno

paulson. any of the members of the public? >> i have been administrator for the assessment appeals board. i'm here to answer any questions. >> i apologize for not bringing you up earlier. are there any other members of the public that would like to speak? seeing none public comment is closed. (gavel) we have four applicants for four seats; helps ease the process for us. great to see four very qualified applicants. it is great to see mr. watts who has served as an alternate now apply for one of the seats of the assessment appeals board. it's a lot of work and it is important work. we appreciate the volunteer spirit in applying for these positions. >> make a motion to move mr. tham for seat 2, mr. watts for seat 5, ms. crowser for seat 8. ifmr. spertzel seat 6. gvl (gavel) >> item four. assessment appeals board. four seats, nine applicants. >> i believe several candidates are here and alberto rios has withdrawn his nomination. four seats, eight applicants. ms. lewis. >> good afternoon, i am a licensed attorney in the state of ca

we're going to be taking former secretary of the treasury paulson's deposition.p can you sue aig in all of this, the board, now that they've made the decision? >> a shareholder might be able to do that. we're not going to be doing that. i think the aig board struggled with this issue. i think they made the wrong decision for shareholders. i think the government argued to them that the board would be embarrassed if it now bite the hand that feed it kind of argument. >> right. >> i think that was unfortunate. but we're looking to the government, we're not looking to aig. >> david mario gam belly is on the set. >> well done, i'm glad you're moving ahead on this and good luck to you and hank. >> thank you. >> from my point of view, my understanding is if you go into bankruptcy you lose a lot of your nol. this company emerged with an extraordinarily wonderful nol that the shareholders get the benefit of. so if any contingent lawyer sues them for not pursuing this the government could turn around and say, hey, be nice you're going to lose your nol. that's a very valuab

paulson. public comment is closed. we have a motion to continue to the call of the chair, until applicants complete their applications. we have that motions. we will second that, i can do that without objection. (gavel) before we enter a emotion to convene in closed sessions, is there any member that wants to make a comment? seeing none. at this time we asked members of the public to please exit the roomdirector rubke? >> present. >> mr. chairman, directors you do have a quorum. >>> thank you. working with all of these microphones to try to get them on. item 3 announcement of prohibition of sound producing devices during the meeting. please be advises that these sound producing electronic devices are prohibited at the meeting and any person responsible for one going off may be asked to leave the room. please be advised that cell phones that are set on the vibrate position do cause microphone interference, so the board respectfully requests that they be placed in the off position. i. 4, >> moved. >> second. >> all in fa

steve paulson is here. it doesn't look like rain. >> maybe sunday but colder. cover out there. patchy fog and a few light showers. overall very mild. we're in the 40s and 50s. partly cloudy. 60s with temps. here is sal. >>> good morning. traffic is moving along pretty well if you are driving on westbound 237. a little bit wet in the south bay. it hasn't been wet in the north bay. also the morning commute looks good as you drive out to the high-rise. now back to the desk. >>> thank you, sal. topping our news this morning new fears in antioch after a man tried to lure a young boy in his car. noelle. >> the warning was sent out yesterday for parents and students here. the principal sent it out yesterday afternoon after a report of an attempted abduction. it happened yesterday afternoon a parent called a school to report a has been tried to lure her fifth grade son into his car. the suspect was last seen attache chough park which is a parking lot right behind the school. the suspect told the boy he was sent by a family member to pick him up. the boy said i don't kn

steve paulson will be here in the morning doing that for you on new year's day. what is happening right now, 40s in santa rosa. 44 fairfield. 50 in san francisco. into the evening hours, late dinner, 40 degrees in santa rosa at 9:00 p.m. 47 san francisco. 44 san jose. it is midnight now, partly cloudy skies, cold conditions, mid-30s. 36 fairfield. 42 san jose. widespread 20s and 30s tomorrow morning. 42 in san francisco. it is also a spare the air day. this to be aware of, tomorrow morning you may want to light up the fire place. 52 in oakland. 51 hayward. 53 san jose. 51 gilroy. tomorrow night, temperatures fall further. looking at frost and perhaps a freeze lock for the north bay. chilly wednesday morning and a very modest warm up into the weekend. >> thank you. >>> coming up here, the stanford cardinal returning to one of the biggest games in college sports. >> the stanford cardinal in their hotel for the night. a rose bowl preview live next. . >>> mark is off tonight. joe is filling in. >> tough day for coaches in the nfl. black monday. the day after the seas

. >>> steve paulson will be here to tell us about some changes ahead. the kings dethrowned the sacramento teams and how it they might be moving. . >>> they have confirmed they will buy the seattle group for $525 million and the team is expected to move to seattle and have its name changed to the seattle supersonics. they must still approve the sale. >>> 49ers are now super bowl bound and it is also translating into cash for some stores. janine de la vega is with us from palo alto antigen mean, i guess it is pretty official today? >> people are waiting to get their hands on the jerseys and the nfc champions hat. people are waiting to get in and there has been a steady stream of customers ever since and they are looking for anything that strikes their eye. >> reporter: they came in and they bought, and she was one of the first to stock up on stuff for her family. >> they said other stores had run out of stuff so i had to make sure they opened back up at 8:00 so i was here at 7:30 and i made sure i had all the stuff. >> reporter: from jerseys to banners an

paulson. any other members of the public wish to comment, speak or sing on item number three?eeing none, public comment is closed. >> i like to say that's probably one of the toughest song i've heard walter sing. i'm a big george benson fan. thank you. i like to move the positive recommendation on this item. >> we have a motion to move item number 3-4 with a recommendation. call item number four. >> hearing consider release of reserve funds san francisco public utilities commission in the amount of $1,442,500,000 to support community choice project cuh978. >> thank you very much. we have ms. fox. >> good morning. congratulations on your appointment to the budget committee. the pc has lots of items before the budget committee. we look forward to working with you all in the coming years. little bit of context for this item. as part of the pc's 2006 and 2007 budget, the board of supervisors appropriated. over the past five or so years, we've been utilizing those funds and come to the budget committee for previous release reserve and that is supported staff, consultants going out

paulson. public comment is closed. we have a motion to continue to the call of the chair, until applicants complete their applications. we have that motions. we will second that, i can do that without objection. (gavel) before we enter a emotion to convene in closed sessions, is there any member that wants to make a comment? seeing none. at this time we asked members of the public to please exit the room >> during the close session the committee voted to forward item 6-11 the full board with recommendations. >> thank you cannot entertain the motion to close to close session. we can do that without opposition. anything else on the agenda? >> no madam chair. >> seeing none, meeting is adjourned. >> good morning and welcome to the san francisco this petition authority. >> i want to welcome commissioner london bree for the first commission meeting. welcome and congratulations on being here. our clerk is erica chang is sfgt are charles and mark. i believe that satisfies our first item roll call. second item? >> to approve t

. >> good evening, steve paulson has your weather. >>> it is going to be warmer brian and pam and we are looking for temperatures that will be in the 40s and mostly sunny, not a lot of high clouds, temperatures warming up, 64 in san jose and morgan hill, here is sal. >>> traffic does look pretty good if you are driving around the bay area, no major problems driving on 880 southbound as you drive to oakland. this is northbound 101 traffic approaching the 880 split, let's go back to the desk. >>> there is new developments in the case of a man setting his girlfriend on fire. oliver was taken into custody at 9:00 last night at a motel in oakland. he was booked on arson and murder charges. he doused his girlfriend with gasoline and lit her on fire after the couple got into an argument outside of a laudromat. she is now in the hospital with critical injuries. >>> the coast guard will meet with the man who sideswiped the bay bridge. here is more about the bar pilot. >> reporter: a few moments ago a spokesperson confirmed their people will be doing an interview with the bar pilot who was at

. >> and i am brian flores but the most important question is, steve paulson, how are you feeling this morning? >> i am pretty close to declaring victory. thank you pam, and brian, it will be patchy out there and we have sunny skies and warm temperatures, 60s in morgan hill, here is sal. >>> we have a crash on 101 lawrence expressway and we will have more on that coming up but one of the alternates you can use is 280. now we are looking at 237 here and the traffic looks pretty good as you drive so the south bay traffic is light but the crash is northbound 101 in sunny veil. they say it will be there for a while and if i can i want to put up a map in sunny veil. i have circled the area and clearly you can use 280 to 85 to get around the problem and we will talk about this and try and give you alternate roots all morning long. >>> in overnight news, a senior care facility has caught fire for the second time in two weeks. it is happening at lakeshore on third avenue. ktvu channel 2 morning news tara moriarty is there with the details of what happened, tara? >> reporter: well, we were insi

in just a few minutes we will take a look at the weather with steve paulson. >>> we are talking about black ice this morning. it is cold enough for it. >> yes, yesterday we had it and chp has not reported it yet but we will be on the lookout for that. let's look at these pictures, people are on the road early, no major problems driving to the toll plaza. no problems getting onto the span and the road work we see around the bay has not caused any major delays on the bridge. also northbound 280 and also southbound 280, 4:36 let's go to steve. >>> all right, sal, another cold one, temperatures dipping into the 20s and 30s and by the north bay, already at this time, we had some things that held up and a few high clouds coming down, you can see it coming right down over northeast california and it looks like they are taking aim towards the north bay. 30s and 20s and mild air to the north, it will eventually give air over us. lakeport 30, calistoga 30, walnut creek already 29, 30 in san ramon. 30s saratoga is at 30 and gilroy already 27 degrees and 30 menlo park and 30 in foster city, very

. >> and i am brian flores, let's get you started with steve paulson, what do you think? >>> we have some patchy fog not too much but there is more this morning than we have seen. a lot of high clouds coming in, no big deal, mostly sunny after that fog burns off and we have some big changes towards the end of the week, here is sal. >>> good morning, we are looking at some pretty good traffic but i think a lot of people will be back today and we will talk about 80 westbound and traffic looks good as you drive through there. no major problems and also the morning commute looks good at the bay bridge toll plaza, with no major delays. let's go back to the desk. >>> a man was stabbed an injured in san jose and now police are searching for suspects. janine de la vega is on the scene and tells us what police are saying this morning, jeanine? >>> we are here in front of an apartment complex. now police have left the scene already and what you can see is the shattered glass from the window that was broken in the stabbing. a man who lives in this apartment complex on the drive was

paulson. public comment is closed. we have a motion to continue to the call of the chair, until applicants complete their applications. we have that motions. we will second that, i can do that without objection. (gavel) before we enter a emotion to convene in closed sessions, is there any member that wants to make a comment? seeing none. at this time we asked members of the public to please exit the room >> during the close session the committee voted to forward item 6-11 the full board with recommendations. >> thank you cannot entertain the motion to close to close session. we can do that without opposition. anything else on the agenda? >> no madam chair. >> seeing none, meeting is adjourned. >> good afternoon welcome to the government oversight audit committee. my name is carmen chu. with supervisors cohen and campus. mdm. clerk we have announcements? >> clerk calonsag: turn off all electronic devices; submit cards for any speakers. each member will be allotted the same number of minutes to speak in each item. items

two plays later, he finds logan paulson in the end zone for the touchdown.econd quarter now, wilson gets his team back in the game, the touchdown pass here to michael robinson for the score. redskins are up four. fourth quarter, seahawks down by one. marshawn lynch takes it. look at russell wilson, the final block from the quarterback, seahawks will take a seven-point lead there after they get the two-point conversion. redskins now on the ensuing possession, rg3 falls on it. he reinjuries his knee yet again in the process. rg3 he left the game for good after that. really was never 100% yesterday. 21 yards rushing. only 84 passing. the redskins lose the game. after the game, though, what a lot of people were talking about was mike shanahan's decision to keep rg3 in the game. >> i talked to robert and robert said to me, coach, there's a difference between injured and hurting. that was enough for me. he's a competitor. i'll proem second-guess myself when you take a look at different -- you know in the second half, should you have done it earlier? >> i'm the qua

paulson. >> (singing) you asked me if i knew my city event was true and i of course replied when you take an exhausting ride, smoke gets in your eyes. and i said some day we'll find a city that really shines and then i applied when you -- this clean air is mine don't let smoke get in your eyes. then some day we'll find a city that really shines and then i of course replied when a city dies smoke gets in your eyes. don't let it get in your eyes and i really wanted to shine and it's going to be divine, smoke gets in your eyes. don't let it. >> thank you. mr. acosta if there's anyone else that would like to speak, we're going to close public comment right after this. >> i commend you for taking the time to put this resolution and this ordinance. now, while one gentleman said he was against it, our good friend, ernestine weiss, was in shock somebody could say something like that. but that's what happens in san francisco, we allow people to express themselves. that's their prerogative. but to the young people here, and that's the way to do it. we have to leave a legacy that our young peop

steve paulson will tell us which day we could see rain. >>> we're live in san jose where fire officials are looking into whether a fire was intentionally set at a cannabis club this morning. we'll tell you what the manager of the club just revealed moments ago. dd >>> here's a conclusion to a dramatic story. a deer rescue we told but this morning on "mornings on 2." crews reached a deer that had fallen on the ice and became stranded. this happened at a lake near boston. but when they arrived, the deer fought them off. they took the rescuers about 15 minutes to secure the animal before they could bring in safely to shore. >>> al-jazeera officials plan to come to san francisco next week to meet with the staff of current tv. as we first reported earlier this week, al-jazeera purchased current tv. the network founded by former vice president al gore for $500 million. al-jazeera has not announced whether it will keep current tv's office on town send street. it does plan on keeping a bureau in the city. >>> only on 2, the oakland police department is looking for a few good men and women to jo

. >>> and and receive paulson will be up with the forecast. ñsxóxgñ >>> some lawmakers are furious with colleagues for not following through on a schedule vote for relief for victims of hurricane sandy. the senate approved $60 billion in aid but some house republicans argue the package is excessive. in a statement today, chris christie said that sandy victims deserve better than the "selfishness and duplicity on display in congress last night." >> americans are tired of the palace intrigue political p partisan ship -- political party signship ." >> house leaders are set to meet with john boehner to demand a vote today before a new congress is sworn in. >>> and brand-new congressman eric swawell is gearing up for his new job. he represents the 15th congress's district. he was alameda county's district attorney before he unseated pete stark in the november election. he says he can be impatient at times but knows how to harness that to get the job done. >> i'm gonna go back there and work in washington and do the same thing i did which is work with people from both sides of the aisles, rep

for more about him and the reaction to his death we turn to kevin paulson the senior editor at wired magazine charged with hacking himself some 25 years ago, he knew swartz personally. thank you for being with us. tell us first about swartz. the impact he had on the web and on people who used the web. >> well, it was enormous. if he had done nothing but coinvent r.s.s. when he was a teenager, that alone would be an achievement to assure his place in history. he went on to do one thing after another. the thing about him, the thing that sets him apart from so many other people with his kind of talent is that he devoted seemingly exclusively to making the world a better place, to political causes and social causes while other people were looking to get rich with their skills. he seemed to think nothing or next to nothing about that. it was all about what he could do for other people. >> warner: he helped found a lobbying organization to lobby for certain causes like greater openness on the internet. >> right. demand progress. this is something that last year played a crucial role in def

and in just a few minutes, steve paulson will have a detailed look at your forecast. >>> today east palo alto council will seek funding to repair a failed levee. they were there when heavy rains caused the creek to over run the levee. the city manager signed a proclamation declaring a local emergency. they say their funds have been exhausted and they plan to ask for 2. $7 billion. >> we found levee to the creek banks and at historic university bridge. the damage we have identified needs immediate attention for flood control for the rest of the flood disease son. >> 2000 sandbags from -- flooddy season. >>> the driver accused of killing two people outside the liquor store is scheduled to be arraigned. ktvu channel 2 morning news has obtained armature video of it. david morales caused the deadly crash while racing away from police. the convicted felon faces two counts of murder. >>> president barack obama signed a fiscal cliff bill into law. the president who is vacationing in hawaii authorized the use of the otto open which copies the president's signature. now the bill raises taxes for m

so that's one of the reactions we've seen already. >> warner: kevin paulson of wired magazine, thank you very much. >> thanks for having me. >> brown: an historic moment in cuba today, as the country opens up to allow many of its citizens to travel abroad. ray suarez has the story. suarez: cubans lined up at travel agencies and passport offices in havana this morning wasting no time in taking advantage of a new law easing restrictions on travel abroad. >> i think it's beneficial for me and for everyone. you can go wherever you want and come back to your country and not lose your cuban nationality. >> suarez: today marks the end of more than a half century of an extremely unpopular cuban government policy put in place shortly after castro took power in 1959 to stem a post revolution exodus. for decades cubans who wanted to travel overseas needed exit permits and letters of invitation from destination countries, leaving hundreds of thousands to flee the island nation on boats and rafts for nearby miami and the florida keys. once overseas even legally cubans faced the prospect of losing

brian flores has the morning off but steve paulson is here with the friday morning and a little bit of the weather. for the weekend it looks pretty nice. >> yesterday temperatures warmed up. had 60s to 70-degrees down in santa cruz. 30s and 40s. 28 up in santa rosa. look for the temperatures to be in the 60s. we'll have your weekend forecast in seven or eight minutes. >>> steve, good morning. traffic right now looks pretty good. we have road work up on the bay bridge. you're looking at a picture of 880 that is looking good. also the morning commute is moving along nicely in san francisco. 4:29 let's go back to the desk. >> thank you, sal. >>> topping our news this morning an elderly woman was take ton the hospital after firefighters found her after an apartment fire in hay wad. the fire started inside an apartment just about 9:30 last night. fire officials say the fire was put out quickly but they found an unresponsive woman inside. alex savidge just arriving on the scene getting new information for us and he will join us in a bit. >>> also overnight news a car chase became a man hunt

up next steve paulson comes back. what saved us this morning from dipping in to subfreezing temperatures. >> and dozens of cars in east oakland go up in flames. what firefighters found outside the building that could consider this fire suspicious. . >> good morning, we have good- looking traffic on highway 4 but nearby we have slow traffic. where that is and what's going on. [ fingers tapping ] [ rain pattering ] [ heels clicking ] [ female announcer ] yoplait light tastes great now... ♪ ...and feels great later 20 delicious flavors of yoplait light, now at 90 calories each. yoplait, it is so good! . >>> welcome back. investigators in oakland say a fire at a car shop in east oakland was set on purpose. it started about 7:30 last night near 55th avenue and foothill. firefighters say it started a burning mattress outside the building, then spread inside about a dozen cars were badly damaged. nobody was hurt. >> people in san francisco's marina green are trying to stop a new restaurant from opening in their neighborhood.