our report, based on the expected hours of renewable hours produced per year from this project the pec will pay an estimated cost of $8600, to 16,500 annually to pg&e for the transmission of the electricity and finally we point out on page six, according to the pec, various administrative codes and standard contracting requirements must be waived to be in accordance with the federal energy regulatory commission, proposed agreement and so as a result, this proposed ordinance does wave the city standard contract requirements because of that reason and for that reason only, we consider the proposed ordinance to be (inaudible) for the board of supervisors. >> thank you, mr. rose. is that the reason that we have these funky inclusions that would wave the other requirements? >> yes, in other words, we listed all of the requirements that the pec represented to us must be waived in accordance with the administrative code. generally, we are supportive of this legislation, but because standard contracting requirements would be waived, for example, contractors that have contracts with the city, a

and i hope that you can persuade the pec to move towards separation of sewer and strong water. and when we were planning mission bay, we had separated storm water treatment so that we didn't have an impact on the south east treatment plant. and that is even more important as we add more and more density of the 7 water front and so we are hoping that the pec can be pushed kicking and screaming into separation of storm water and sewer. thank you. >> michael teriets. >> commissioners, san francisco building and construction trades council. we have a history of working very well with forest city and they with us. and in an agreement that the complex project not of this scale but the project that came in time under budget and they also have a history on that same project of doing very well on local hire, and in collaboration with both with us and mission hiring for the construction jobs and the endless jobs, we have worked out a framework that will be interpreted in the job the details of which are to be negotiated and but it was the first thing that we worked out. but we have also

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. >> it takes a pec perso specialc get in that suit.haracters yoe have played in your career, carr which one would have the moste fun in that suit.suit >> harry would make a debacle of having the suit.. chaplin would figure out how too do cool stuff in it.it. it would be fun to watch. wat i wonder, i think everybody eved would like a turn. >> one thing i like about the e iron man films is the the vulnerability of the character. i found that interesting,nteresg because we can relate to him to when he is going through one of the vo vulnerable stages. you're incredible and you're on the set as an actor, what actor element of acting do you feeleel the most vulnerable. >> obviously, tony is having hag serious anxiety issues in thists movie, while that hasn't been my path, i feel it's part of the oe psyche right now. it's another little times are ae uncertain, so sometimes what iom will do, and i remember when ihi was doing less than zero, i had an emotional scene, what if son never he can can with their fathers, whether they're drug addicts.

the gdp of the economy 12% larger than it was back then. 26% larger, pecs ports than in october of '07come persian bank assets. personal savings up almost 20%. household debt down 17%. jeremy, doesn't it mean we're in fundamentally shape now with stocks at this level and therefore stocks should go up from here, now down? >> i definitely believe that i think longerm trend is up. everybody is a little bit scared because we have made some money recently and everybody is expecting a pullback which we may have a short-rm correction. you can really not time short-term correction. a huge mistake to try to time short-term corrections. fundamentally like you said, dennis, companies are earning more, balance sheets are stronger, productivity gains have been tremendous. a lot of these big domestic brands like disney as you mentioned earlier are selling huge into emerging markets. coca-cola, johnson & johnson all selling huge into emerging markets. so even though the u.s. economy is growing relatively slowly i think stocks are really attractively valued even after this run-up. dennis: all right. o