that's a public dollar. the question has to be than what is that public dollar buying? should be buying health or the medicine? the two are very different i think. went to visit other countries, there's a different perception warehouse i think it's broadly to as medicine is one input to it, but so are many, many others. it's also clear the united d.c. at the integrative view. we have a much more separated view. it has a whole different revenue stream. a different governance structure. here's education and housing and nutrition completely separate. >> health isn't the key input to our health. >> i agree. >> what's an example of concretely the idea of sneakers. can you talk more about that? i found that as one of them are powerful examples in the book. >> sure. do you want me to read it? >> sure. they didn't give me a copy of the book. they make me by. >> is a passage or got a lot of feedback on and it is 100% a true story. so i will read it. it's meant to illustrate as you suggested, the power of social determinants of health and the way they can address health care expe

that's the public dollar and the question has to be then what is that public dollar dying -- eyeing? should it be buying helper health or should it only be buying medicine and the two are really different. when we visited different countries there is a different conception of health and other countries. where health is rob andrew's did his medicine is one input but so are many other things. it's also clear in united states we have that integrated view. i think we have a much more separated view it as this is the medical care center and it has a whole different revenue screen and there's education and housing and nutrition completely separate. we don't always do that in this country. >> so health care's and the key input to health. >> i agree. what is an example? what's an example. talk a little bit more about that. i found that one of the most powerful examples in the book. >> do you want me to read it? >> sure. i didn't get a copy of the book. >> it's a passage that we have gotten a lot of feedback on its 100% true story so i will read it and it's meant to illustrate as he suggested

that's the public dollar. the question has to be then what is that public dollar by? should be buying health are should only be? the two are very different i think. when we visited of the country, there's a different conception of health in other countries. were held i think it's broadly understood as medicine is one input to it but so are many, many other things. it's not so clear in the united states we have that view. i think with a much more separated you as this is the medical system. it as a whole different revenue stream from all different government structure and here's education and housing and nutrition completeness of it. we don't always see that in every country spend so health isn't the key input to our health. do you -- >> i agree. it is not the key. >> once an example? what's an example concretely? the fellow who did not sneakers, talk more about that spent do you want me to read? >> sure. they didn't give me a copy of the book. i will steal one after. >> it's a passage that we've gotten a lot of feedback on and it is 100% true story. so i will read it,

as promises have been mate utilizing public dollars on behalf of community to build the fillmore districthere it's been documented it african-americans were treated unjustly we ask the city to insure with the jazz heritage center will be kept in piss it's location or if moved it should be moved to a more viable location. it's a place for all san francisco and rossly and others and i signed the early one, too. i'm asking you not sell out the jazz heritage center >> (calling names). >> interviewed one second i continue to see members of the public coming up with condominium cards i'll ask mop who wants to speak i'd like to close the line to whichever cards you have we are going to stop there. >> i'm with the st. john orthodox church on fillmore street. i'll open up and say that jazz can change the thinking of the people. and i don't know maybe we're not listening to enough jazz much less enough to understand what is unhappy happening to us as african people there's been permeated malice and for thought to remove black people from the city. and to speak about cultural institutions whether th

after years of securing public dollars we turned to the private sector and this kaiser permanente $200,000 reflects the tail end of that effort. i can tell you the renovation will work on the corridor and the concrete in the plaza footprint and childrens' area and seating and performance venue and adding other green elements to the space. groundbreaking is in early march, 2014 we hope you join us here and i will answer any questions. >> any questions? okay. we don't have a budget analyst report for item four so we will move to public comment. seeing none public comment is closed. >> move approval. >> we have a motion to move this forward and we can do so without opposition. madam clerk can you please call item five. >> item five is a resolution retroactively authorizing the office of workforce development for a grant of amount five for the period week five. >> okay. thank you. we have oewd to speak on this item. >> thank you. i am john [inaudible] with programs operation. we are here to request authorization for us to accept and expend additional assistance money for this program and help

research and development program subsidizing with public taxpayer dollars -- i mean public spending fordn't be development costs. that's a program we get rid of. a lot of things like that. >> if senator pattie murray was sitting right here what would see say she was happiest about? >> stop government shutdowns and have the congress actually appropriate money and don't do continue iting resolutions anymore. some relief from the sequester. >> you like that too. >> she wanted relief from the sequester. >> you wanted relief from the sequester. >> so long as we paid for it and it we paid for it with more deficit reduction. i didn't want to net out to zero. i wanted whatever we did, i wanted to make sure it was a step in the right direction towards fiscal conservatism towards deficit reduction. she wanted relief from the sequester. that's where we were able to find common ground. the way we decided to do these negotiations was i had core principles that i was not going to compromise. i'm not going to raise taxes and i'm going to lower the deficit. she had some core principles she wasn't going

forty two thousand dollars at a told german university the same degrees one hundred fifty dollars points out public funding keeps it around the same cost as in kamya german firms like miss eighty's siemens and pull shit to pay for. thousands of top qualified engineers each year now in the u.s. an astonishing four hundred thousand high school graduates each year who want to go to college can't afford it they want to higher education most teens must. be overcoming it. and i got you a job at it and i like also expects to be paying back to ition fees for the rest of his life his petition for the student loan forgiveness act over one million signatures or more joins us thanks very much for coming on to congress just cut another billion in school funding how will this situation and idiocracy. we will have a nation of dunces of people who are completely an educated because they can't afford to go to school the figures are astronomical people are getting on to two hundred thousand four hundred thousand dollars worth of debt we will only have the elite rich who are able to afford to go to college to pay the

extraordinary undermining public education and go and promoting more of these for profit schools school choice they call it really it's taxpayer funded vouchers your tax dollars leaving the public system going to private schools with sometimes very little or minimal standards and very little on outcomes so really taking away from public education and putting into private entities another piece of alex upcoming years agenda seems to be stripping environmental regulations you know our protections from polluters yeah you know when i went out ever forget they had a book they gave us fifty reasons why increased levels of c o two are good for you they gave us a very good seriously seriously by a scientist and this is just a given part of the agenda it's taking away a regulation that protects the public for environment. standards and continues to make it easier to pollute and harder to have consumer protections for people especially who've been harmed by environmental problems it's extraordinarily they want to reduce patient rights and patient protections how to how to do this again goes back to more anti-consumer provisions where you're losing your ability to have

parts, but ultimately, the bigger issue for me was the protection of the significant public investment of millions of dollars and so at the end of the day, yes, it goes to the process, and yes it goes to the design review at the arts commission and everything else. but where does the lead happen? where does the push happen? and to wait for a pilot i think is just not a good direction to go with. and especially because what that says to me is the work that you are going to be doing with replacing these escalators, once i mean that they are going to be replaced before we even maybe consider possibly a canopy as an option for the escalators. so, i don't want to miss out in an opportunity, of course, for federal dollars to make this happen. but, i just don't feel confident that we are doing this the right way. with not including an ability to really protect these escalators from maybe even more than 25 years, by doing something as simple as providing a canopy to help do that. >> so, these are, and these are all excellent points and it is the typical question of coordination, and us coordinate withing bart and wo

extraordinary undermining public education and go and promoting more of these for profit schools school choice they call it really it's taxpayer funded vouchers your tax dollars leaving the public system going to private schools with sometimes very little or minimal standards and very little on outcomes so really taking away from public education and putting into private entities another piece of alex upcoming years agenda seems to be stripping environmental regulations you know our protections from polluters yeah you know when i went i'll never forget they had a book they gave us fifty reasons why increased levels of c o two are good for you they gave us a very good seriously seriously by a scientist and this is just a given part of the agenda it's taking away regulation that protect the public. metal standards and continues to make it easier to pollute and harder to have consumer protections for people especially who've been harmed by environmental problems it's extraordinarily they want to reduce patient rights and patient protections how to do this again it goes back to more anti-consumer provisions where you're losing your ability to have protections whe

boom -- the next.m boom ♪ >> hilton, the biggest hotel operator, raising 2.3 billion dollars in a record initial publicr a lodging company pricing at the top of the range, $20 per share. this is not the only big lodging ipo in history beating out twitter, the most anticipated ipo of the year. su keenan is in the newsroom with the details. around.ds all at this price, they will start trading with a market value of about $19.7 billion leaving starwood hotel in marriott in the dust. taken private by blackstone six years ago sold more than 170 million shares for $20 each. hilton could raise an additional 300 to $3 million if they sell extra shares making it the second-largest u.s. ipo this year. a a great time to be taking hotel company public. stocks are up year today but we are still in a sweet spot of the lodging cycle. is limited new supply. the economy is improving. jobs are accelerating. great time to be a hotel operator. tothe company dates back 1919 when conrad hilton bought the first hotel. industryreestablishing leader status with more than 4000 hotels in 90 countries. while they own 10 hotel bra

and wrote in a letter to mwaa with every additional month of delay the traveling public suffers and millions of dollars in fare box revenue are lost. i urge you to do everything in your power to complete the work as quickly and responsibly as possible and avoid future delays." >>> the minimum wage is going up in montgomery county. county executive ike leggett signed the bill into law this afternoon. under this plan the minimum wage jumps up about a buck of year until it gets to $11.50 an hour in the year 2017. prince george's county has approved a very similar plan and just this week the d.c. council passed a similar bill. >>> a lot of fast food workers say their pay now just doesn't cut the mustard and today thousands hit the streets from downtown d.c. to downtown l.a. rallying for more money. cynthia butler makes 8.25 an hour at mcdonald's in d.c. and says hey, i've got two kids and that's just not enough. >> i need this to happen because my kids deserve a better life than i have. >> protesters want the federal minimum wage raised from the current 7.25 an hour to 15 bucks, but critics argue that woul

shares shares of facebook have more than doubled this year after a disastrous initial public offering at 38 dollars a >> we have been joined a story about target. right now target shares are down 2%. >> smart phone users are taking measures to keep mobile computer safe. are on 80% of iphone users in san francisco said they have enabled activation of block in order to secure their phone. that is according to a survey conducted by the district attorney's office. activation o'clock requires the users apple id and password be entered before the device can be white or the find my phone phone tracking have can be disabled. >> apple is set to drop its new "mac pro" today. computer is a silver and black cylinder that stands less than 10 inches tall. the mac pro is intended for high-power users such as graphic designers and featuring a range of intel xeon processors, the new model is three times faster than its three-year-old but you pay for all that power -- the cost of the new mac pro starts at around 3,000 dollars. apple says the mac pro was designed and manufactured in the u-s. >> we are gearing up for

dollars. what does that represent as of two thousand and ten the total of the developing countries public debt is in the region of one point three five trillion dollars. and the us foreign and domestic debt is thirteen trillion which is ten times more. should these countries continue to pay millions of dollars the president of the republican the government have said that it takes fifty million dollars every month to service its debt how much gets spent on health and education every month the answer is zilch. teaches in primary schools badly paid and underpaid. the teacher comes to school with little biscuits that she gives out to children who should pay them back. so already from the first year of school children are taught how to get in debt we. give to children and after three days children have two. parents for money it's like an international institution if you missed the deadline the child is forced to pay double the price really think if it sometimes this makes the child afraid to come to school. today with the system of parent the child who doesn't pay. before five times these economic

are development deals in no millions of dollars the stadium, the hotels, the rest restaurant we do this because the taxpayers are not interested in putting in public these billion-dollar deals. >> in part because of the troubles we had with the raiders and the a's in the east bay where we are still paying for that one. >> we still have about a hundred million dollars on that. >> what are the sports owners interested in? it's that the stadiums or the development deals? >> i think they're interested in winning and making money. currently we have the warriors talking about moving over to san francisco for a waterfront arena and they want that by 2017. but it's a long process to get that done. are you in talks to get them in oakland. >> yes we're trying to keep the welcome mat out for the warriors because you don't know if things will play out. we will start meeting with them shortly because we don't anticipate they will be in that arena by 2017. i think it will be after 2020 so were working not with them on an extension. >> you still don't want them to go. >> we want to retain all of our sports teams. >> as someone in the east bay who seeing movement

dollar proposed levy by the state senator. it went down to a 2-1 defeat. that speaks to public appetite for additional dollars at this point? is that relevant? governor forn three years. if we hadn't done the things we did to support education, we would have lost thousands of teachers in the state of connecticut. >> by doing the things to support education you mean? >> driving a reform agenda. doing both. like to a school system new haven or bridgeport or new london or new britain and taking teachers out of the building and not replacing them is not a way you are going to drive higher teachers, so we came up with a different model, and that was to concentrate where we are going ,o spend an additional dollars with higher proven need. i think that is a big break with the past that isn't fully understood what the long-term implications are. >> one of the proposals you put forward is the expansion of pre- k. this has been a talking points nationally. curious what vision you have. >> i have been with pre-k a long time. when i was mayor at stanford i chose to move stanford in the direction of the inning in a position to guarantee

forty two thousand dollars at a told german university the same degrees one hundred fifty dollars points out public funding keeps it around the same cost as in kamya german firms like siemens and pull she gets a paid for. thousands of hope qualified engineers each year now in the u.s. an astonishing four hundred thousand high school graduates each year who want to go to college can't afford it they want to higher education most teams most astonishing amounts. of money that i graduate. and i like but also expects to be paying back to ition fees for the rest of his life his petition for the student loan forgiveness act over one million signatures from a joins us thanks very much for coming on to congress just cut another billion in school funding how will this situation and idiocracy. we will have a nation of dunces of people who are completely under educated because they can't afford to go to school the figures are astronomical people are getting on to two hundred thousand four hundred thousand dollars worth and we will only have the elite rich who are able to afford to go to college to pay their wa

earlier in the month 'hilton worldwide' went public in a 2.3 billion dollar ipo - the biggest hotel ipo ever. and 'extended stay hotels' raised $565 million in its ipo last month. 2014 could be the year for home building stocks. traders are watching momentum building in the housing sector. 20 of the industry group's 26 stocks made gains in the market this week, thanks to continued positive data. d-r horton, lennar, and standard pacific are all trading higher.as tri point homes, and toll brothers are already reporting strong sales growth for the year ahead. mcdonald's 'employee website' is making headlines again. the chain is currently fixing its worker site "mcresource line" after it received a wave of crticism for telling employees to avoid fast food due to possible health problems. mcdonalds says the advice was taken out of context, and that a third party vendor supplied the content. it says it instructed the vendor to take down the site. in july, the chain was criticized for being out of touch with employees' needs when another employee guide offered advice on how to budget life whil

was able to benefit from in me.investments i have paid those back many more times in public service and tax dollars. this is what we mean by investing in people. if you invest in people, there will be a good event i care very much about those people willing pull theird and weight. those are the people i am trying to help. welfare,n you are on did you ever imagine you would be a member of congress? guest: i never dreamed. it was not some aspiration. i resisted going into public service, it was something my mother wanted. to be in my 20's and i told her i thought she was crazy and i would never do this. never say never. talking of public service, i love to give, i love to share. a leadership model is giving leadership. i love -- i would be a great waitress. i love people. i love public service. you have to pay people to work in restaurants and off. moore is a graduate of marquette university. next call comes from kelly in west virginia, democrat. caller: hi. to put you onoing hold, turned down the volume on your tv. listen through the following. -- the phone. greg in north carolina. caller: hello, re

the study by the san francisco public utility commissions places dollar amounts on losses in environmentalefits, carbon storage, and property value. they say the estimates are conservative we. the august 17 fire is the third largest on record. >> december has been one of the driest months on record. already, water conservation orders have been issued in parts of california. the city of sacramento has imposed 20 joyce conservation order that could expand to other places. local officials urge us to reduce our water usage but they are not ready to say the word "drought." >> you can blame the lack of rain for the lower number of marin county federally endangered coho salmon, helping to return to the spawning grounds with the rain. but this month there has only been 1.2" of rain with the average at 10". aside from the population crash four years ago the number of the salmon are the smallest in 17 years. >> coming up, the 5:00 deadline today facing the brain dead oakland girl and her family struggling to her on live support. >> end of the year bow news and how much each employee gets even after

that's the conclude 6 a study by the san francisco public utilities commission. the study puts the dollar range at 250 million to 1.$8 billion. as we reported at the beginning of this newscast a judge late this afternoon extended restraining order against children's hospital in oakland to keep jahi mcmath on life support. our john fowler talks about why this story has touched a nerve with so many many people. >> reporter: the family made its case public and drew the world's attention. but what happened to jahi mcmath occurs daily in hospitals around the country. >> at some point, you have to let go of a lost life. >> i know it would be hard for any parent. but sometimes that's just the decision have you to make. >> this case is a contemporary example of a problem that has been going on for 20 or 30 years in the united states. >> reporter: professor sharon coughman wrote this book, a time to die explores the fundamental question of modern medicine. >> who gets to define death? how is it negotiated? and when does it occur? >> reporter: kaufman calls it the perfect storm. advanced technology

again, we don't know a lot of details unless we see that report, which should be public, because your tax dollars go to support the zoo. >> all right, if we know you, we know you're going to keep pushing. we look forward to seeing more of your reporting on this and others, good to see you. >> thank you. >> the only station with weather alert days, wusa9's first alert weather. >> all right, still cold right now, but i mean, not too many problems on the road. >> coldest night, believe it or not. >> i'm distracted by this lovely tie you have on. >> i'm attending a christmas party. >> it doesn't scream christmas, but it's christmas. >> that is nice, topper. >> thanks. let's take a live look outside. we have a couple days to catch our breath before another system rolls in here. 38 downtown. the temperature is going to fall quickly tonight. relative humidity only 57%. winds out of the south at 6. they will turn around and become northwesterly after midnight. in fact, we'll zoom in a little bit. a little clipper bringing down snow through chicago, plus the upper midwest into detroit. behind this system,

. ♪ >> it was one year ago this week that bill ackman made a public one billion-dollar bet against herbalife not turned out so well. since he first called it a pyramid scheme, the stock has doubled. he has lost as much as half of a billion dollars, though he claims he will be proved right eventually. yesterday he suffered another setback, another audit of their financials found no material errors. herbalife raise the price target to 119 million dollars after the news. first of all, christmas came early, you were right, i was a skeptic. clearly, i was wrong. what does this audit tell us? >> a great deal, first of all. the stakes were elevated so high wemr. ackman, in a great way owe a huge debt of gratitude to him. the vetting of this company has been incredibly complete. yesterday he said it was not the purview of an audit firm to investigate pyramid schemes, but he knows that nothing could be further from the truth. hold on, i am giving you full credit, it is great, but clearly you do not really appreciate till ackman, saying that you owe him a huge bed of gratitude -- a huge debt of gratit

but let's take the modest step in the right direction, take public dollars that we're now wasting on political conventions, give them to researchers and let them do their work. that's simply a better use of the public purse in a time of limited means. so i urge support from my friends' bill, h.r. 2019, mr. harper and mr. welch. i want to thank leader cantor. this was his idea of bringing two good ideas together. i think it's a good one. i hope this house embraces it in a bipartisan fashion. i want to thank my friend, the chairman of energy and commerce, for his effort to bring this forward, advance it. with that i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. the gentleman from michigan reserves. the gentleman from new jersey is recognized. mr. pallone: thank you, mr. speaker. i yield two minutes to the gentlewoman from connecticut, who is the ranking member of the labor-h.h.s. appropriations subcommittee, ms. delauro. the speaker pro tempore: the gentlewoman from connecticut is recognized for two minutes. ms. delauro: i rise in opposition to t

here ♪ >> hilton worldwide pulls up the biggest listing from a hotel raising 2.3 billion dollars in its initial public> former bank of israel chief stanley fischer, according to people familiar, says that president obama take for the number two spot at the fed. pay $100 million to settle u.s. claims they violated sanctions programs. hello. welcome to cohen -- "countdown." i'm marrt

>> hilton worldwide pulls up the biggest listing from a hotel raising 2.3 billion dollars in its initial public offering. >> former bank of israel chief stanley fischer, according to people familiar, says that president obama take for the number two spot at the fed. pay $100 million to settle u.s. claims they violated sanctions programs. hello. welcome to cohen -- "countdown." i'm mark barton. .> and i'm abe-nomicm anna edws manus cranny has the details. israel lost the stanley fischer may be heading to the fed. elliott gotkine has more from tel aviv. to settle over sanctions violations and more people will be flying in the next four years. caroline hyde has the latest numbers from the international airline transport association. plus, the russian race to become the next market for online video. ryan chilcote has more on the content wars. >> bringing you some big interviews today on bloomberg television. the ceo of viacom international media net work joins "the pulse." you don't want to miss that at 930 a.m. london time. >> pleasantly but here from the international air transport association ch

dollars. what does that represent as of two thousand and ten the total of the developing countries public debt is in the region of one point three five trillion dollars. and the us foreign and domestic debt is thirteen trillion which is ten times more. we should these countries continue to pay millions of dollars the president of the republican the government have said that it takes fifty million dollars every month to service its debt how much gets spent on health and education every month the answer is zilch. teaches in primary schools badly paid and underpaid. the teacher comes to school with little biscuits that she gives out to children who should pay them back. so already from the first year of school children are taught how to get in debt we. give to children and after three days children have to. parent full money it's like an international institution if you missed the deadline the child is forced to pay double the price significant sometimes this makes the child afraid to come to school. today with the system of parent the child who doesn't pay. before times these economic policies h

there's a research and development company that's subsidizing with public spending for private taxpayer dollars. that's a program we get rid of. it's a lot of things like that. >> if patty murray was sitting here, what would she say she was happiest about? >> stop government shutdowns and don't to continuing resolutions anymore. >> you like that too. >> she wanted relief from the sequester. >> you wanted that too. >> so long as we paid for it, and we paid for it with more deficit reduction. whatever we did, i wanted to make sure it was a step in the right direction toward deficit reduction. she wanted relief from the sequester. that's where we were able to find common ground. i had core principles that i was not going to compromise. i'm not going to raise taxes and i'm going to lower the deficit. she had core principles that she wasn't going to compromise. she wanted 50% back to domestic, and 50% back to defense -- >> did she get that? >> she did. >> so we looked at the areas of common ground, common understanding, we negotiated that and that's what this result is. so the way i look at this, yo

dollar bonus. the retailer just gets publicity.i] lottery rules say t is no payout for the retailer which se,& the winning ticket. instead, they get 6% of all the tickets they w3sell. the owner of the georgia newsstand isxd a 58-year-old korean immigrant..[q9umz%Ñ not, big christmas present. >> how/ê=juárp'dle your newfound i]wealth? there's only a select group of people who haveçó been through this before, including al and carmen, the san jose couplewhii ago.Ñixd rv&ianÑi trujillo, please tell they're spending wisely. >> reporter: wiselyçó is the keo word. they went into seclusion after they hitÑi the jackpot for abou four days, they separate jized h strat jinstd how they would spend the earnings. today they are still rich and giving their money 3w'y.Ñi @(t&& the family still@$ds onfá to the newspaper clippings from that fateful day in 2001. >> i checked the Ñizvnumbers, now, a million times.tm"q==-lp enough to tell her toçó check them. >> reporter: the retired grocery $141 million.ñr >>t( i was just mystified. ñçóit. >> reporte

food company aramark is also plotting a public debut...hoping to price shares between 20 and 23 dollars. that stock will list on the new york stock exchange. a freeze on ipo-s in china is "thawing". for 14 months-- china has banned the sale of initial public offerings. now, regulators there are moving toward lifting the ban and making a switch to u.s. stlye rules on shares of new stock coming to market. back in 2010-- china held the title as the world's largest ipo market. olive garden is straying from soup, salad and breadsticks. the chain is adding a new burger to the menu. for now its just a lunch item, but that could change if diners indulge. darden restaurants, which owns olive garden, is reportedly trying to spice up sales, which have been lagging due to more competition. lords-a-leaping and maids-a- milking will set you back almost five golden rings this year. the full tab to buy your true love all the gifts in the twelve days of christmas is $27,393 -- that's a nearly 8% jump over last year's tally. the most expensive items are the swans at a thousand dollars each. the eight mai