rather than a 1.25 or 1.35 coverage ratio to make sure you have the reserves above the minimum so a cushion in case you have a revenue shortfall and this slide showing if we did those things how much it would cost and an example where we'd increase the current ratio from 1.0 to 1.1 would require an additional 20 $20 million of revenues and if we did that all in in 1 year my recommendation is to phase in over time and that would change the rate increase from 12 to 18 percent and i know it's a one time thing and i wouldn't recommend doing it in a time of revenue variances that we're seeing now with the water sales reduction, but it's something that we could bring back to you and suggest we phase it in over time and again it would increase the over all reserves for the agency. with that i'm happy to take your comments and questions. >> on the current ratio if you are achieving above 1.0 so you have revenues in excess of your expenses, that money, that excess money goes into the inappropriated reserve? >> yes. >> what i'm wondering is whether -- how much of that is substance and how muc

it seems a short time to have assistance and dropped off of the clip and 1-22 ratio. >> yes. kathleen dominguez. i'm the ta lead and that is one of the challenges. having been a 16 year kindergarten teacher in sfusd when i lost my paraprofessional it was heart breaking and challenging so we were able to secure funding to have them for the first six weeks of school. however i offered it to the site administrators they could extend that time instead of going full day they could go part day if they wanted. part of the legislation we hoped would pass last year there was the additional paraprofessional for the entire year. >> absolutely. >> it's a big transition for the kids themselves that come from the kindergarten where the ratio is 2-1, sometimes 4-1. it's challenging. we have created funding at different sites where the site managers and principals decided to put more of the general fund into that and extend the time for their paraprofessionals so that is one of the goals eventually with the help of you of course to get some sort of legislation passed -- >> at the state level

and equally concerned leverage ratio of .65%. the rumor a decade ago i was arguing about 100 to one leverage ratios. this is excessive of that. you said earlier the leverage ratio is not something the statute requires you to look at when suspending allocations. i've got a different reading of the statute that i will share with you. but the statute requires is that you shall suspend allocations not me the statute shall suspend allocations if they would contribute to the financial instability of the enterprise or would cause the enterprise to be classified as undercapitalized. so in reality the statistics cited earlier, you know to come into play. so director, how can the enterprises be in this state with these leverage ratios, and not be deemed both financially and stable and undercapitalized? that's my question. >> so first of all we put in place prudential stops its circumstances go back in the other direction. if we ever have a draw on the treasury, that would automatically stop funding of the housing trust fund. >> but it's al

peg ratio below where the market's trading right now. four, this might be my favorite one. i just heard of this stock today, endurance international group, peg ratio .94. small business, entrepreneurship, this is it. earnings expected to grow about 25% over the next two years, this is entrepreneurship. this is where you want to be. so, deirdre, i gave you four stocks, undervalued, and you're smiling right now. deirdre: i'm so impressed. [laughter] dani, you're evaluating a lot of stocks, what do you make of matt's picks? >> i like this lithia motors. you know, the auto space across the board has been doing very, very well for a lot of reasons, especially oil prices coming down, gasoline prices coming down. these guys are the eighth largest in the united states, and i really think the earnings are coming out on the 25th, and i think -- >> the autos on the road right now, oldest age they've ever been, so people are going to be forced. if you see a tick-up in low gas and wages, buy a new car. deirdre: seems like you would like that based on

it will cut it's banks requirement ratio to 19.5% and also cutting it's reserve requirement ratio by 50 basis points and again that will be effective february 5th. this comes after a series of disappointing at a at a. weaker than expected manufacturing earlier this week. so perhaps the central bank saying they have to do more to stimulate growth in the country. >> absolutely. the manufacturing figure earlier this week 39.8. that was the first reading below 50 for 2.5 years. and 51.8 down from 53.4. sparking this action by the chinese central bank to cut that reserve requirement ratio by 50 basis points. they also said there could be a further 50 basis point cut for qualified urban rural communities depending on situations but at the moment 50 basis point cut as you can see. the move has seen aussie dollar spike. they did, in fact cut their own rates the day before and that meant that the aussie dollar declined quite sharply yesterday so a bounce back there in relation to it. >> we're looking at the dollar strengthen against the canadian dollar but look at the euro dollar. weakening a

same expense ratio. vanguard's .12% ratio to ivy's 1%. paying a lot more for underperformance.: a junkyard dog. wants to know the preferred trading vehicle for crude. i don't do the commodities. i'm looking for a good strong name. you guys have requested my report. i have xom and a few others. real quick on commodities in general. oil. would you be a buyer or let it pull back some more? >> no. it's in the hands of the traders. they're playing with the volatility. this is a dangerous game to try to call bottom or think it will rally. >> starts to go back up? >> retest 41, 42. charles: airlines rank as the worst industry in america in terms of american satisfaction. customers hate them. here's the thing though, the more dissatisfied we get, the higher those stocks go. so the customer comes last, is that the new perfect business model? we'll discuss it. ♪ >> home what. >>. charles: airlines are the worst run the it industry's they are the worse. take a look at this. since 1994 this is the ranking is that united has plunged the most but it seems like the more unsatisfied customers

the worst ratio of male-female characters. the worst ratio of male-female characters. primetime, there are a lot of primetime, there are a lot of shows like "grey's anatomy," shows like "grey's anatomy," that are gender balanced, and a lot more female characters more that are gender balanced, and a lot more female characters more and more, so it begs the and more, so it begs the question why don't we trust that question why don't we trust that in the movies where we're in the movies where we're proving so clearly in television proving so clearly in television that people are very happy to that people are very happy to see female lead characters. see female lead characters. >> do big studios have to do >> do big studios have to do with that at all? with that at all? >> well, the interesting thing >> well, the interesting thing is that so many studios have a is that so many studios have a film division and a television film division and a television division and a cable division, division and a cable division, why are there diff

ratios above 80% with substantial that limit indicating that loans with ratios of 80% or less performed noticeably better than those with ratios above 80%. notwithstanding, mr. director, i understand what you are saying, but i fear that what you are doing is repeating the same mistakes that brought us here in the first place and now you are in a contest to see who can be the nation's rigorous subprime lender. i recognize the ranking number for five minutes. >> i really wanted to spend my time on affordable housing trust funds, but i must step in here to ask -- when we take a look at those we would lend to with 3% down, are we not talking about people who have shown that they pay their bills every month that they have good credit, they have not defaulted. they just are not able to save up a 10 detroit percent -- as some -- 10 to 20% -- as some wealthier people are able to do, for these people you're talking about? >> those are the kind of people we would be looking for and we would compare that to strong credit scores, lower debt to income ratios and private mortgage insurance all of whi

they have much higher expense ratios then your investing in they claim it's not their fund other people's fund and you also is a consultant i don't know how faith is this consultant working for the benefit of the city and county of san francisco last time. >> 30 seconds. >> i was here in january i don't have a chance but compared the funded with prudential 250i789 december 20th accepting were 67 percent and metro was 6 seven hundred i can send you through the e-mails - time. >> and i'm saying the performance is below average for example you look at the real estate investment plus the highest return funds was 28 point plus and the other zero better to be safe than sorry point one percent ratio that's right was 0.01 percent. >> time. >> so the older funds was - >> welcome. >> hi and my name is david hill i work for the san francisco public library good afternoon, commissioners and commissioner cohen bev says hi i was interested in some of the things i can go over here and revehicle sore roses and wiener busting i could do that but it would be cheap so i would but i'll admit i was pulled out

the proposal is one of transparency a lot of people picked up on that as well as the cost benefit ratio of this kind choices the wall street journal said hedge funds are in a 6 year slump they've underperformed in the accepting 5 one hundred and their citing van graduate fidelity and swabbing fund that investments would be had for a quarter of one percent impaired to hedge funds that are 20 percent of the game i think what unshelts settles me is the lack of transparent i looked at the website and found little agendas this information should be shared freely and only i realize not every last detail can be auditor in a public forum but more transparency this is why we want to go in this directions to lead us here, here and here and we're trusting those people with those assets thank you (clapping.) >> good afternoon. my name is is richard gale i'm a retiree i've by that retired for are 6 years from city college of san francisco whether i worked for 24 years in the english department back in 1997 through 2000 i was a truest of the local 790 the perverts of 1021 i have some idea of issues h

long-term financial plan was. >> right and i wouldn't i wouldn't recommend changing our coverage ratios until we're past the revenue variance that we're seeing with the drought and perhaps the next the next 2-year budget cycle we could bring back suggestions at that time. >> we're going to be talking about rate structures in the months ahead and one of the things i'd hope to be able to do is reduce some of that rate variability so that we so that the reserves are less of an issue so it's kind of working the same problem from the other end so if we let that discussion take place and then get through this current revenue debt, that would be probably a good time to reconsider that. >> sounds good. >> thank you. >> i agree this is not the time to do it so any other comments, questions? thank you very much. >> thank you. >> that concludes my report. >> good. so let's move back on the agenda to item number 4. no, we've already done 4. item number 5. communications. any comments, commissioners on that? >> no. >> okay. item 7. >> item 7 is the urban pilot program update. agricultureal pilot pro

those with ltv ratios above 80%. so notwithstanding, mr. director, with all due respect, i understand what you're saying. but i fear what you are doing is, again, repeating the exact same mistakes that brought us here in the first place, and now you're in a contest with fha to see who can be the nation's largest subprime lender. i fear we're going in the complete wrong direction with your policy. and i now recognize the ranking member for five minutes. >> thank you very much. mel watt, i really want to spend my time on affordable housing trust fund. but i must step in here to basically ask when we take a look at those that we would lend to with the 3% down are we not talking about people who have shown that they pay their bills every month they have basically good credit, they have not defaulted, they don't have any bankruptcies, they just are not able to save up a 10% to 20% as some more wealthier people are able to do but these are good, hard working taxpayers. are these the kind of people you're talking about? >>

kids films and kids tv shows are the worst ratio of male-female characters. primetime, there are a lot of shows like "grey's anatomy," that are gender balanced, and a lot more female characters more and more, so it begs the question why don't we trust that in the movies where we're proving so clearly in television that people are very happy to see female lead characters. >> do big studios have to do with that at all? >> well, the interesting thing is that so many studios have a film division and a television division and a cable division, why are there different ratios on all of those, and why didn't there a cohesive vision in the company? >> is it to do with the writers, producers? >> yes, you know, yes. some of our research found that if there is a woman writer director, or producer on a project, the percentage of female characters on screen goes up. that's important, too. not that tv is doing great in that area, but they do have more female writers. >> your institute, i believe did a big study nationally in 2004, so about 10 years have passed. have you see

increase funding by $300 million, but improve curriculum teacher training and lower student-teacher ratios. in this global economy we live today and tomorrow, students won't be competing for jobs in the workplace of neighboring states but we'll be competing with kids and students from all over the world. mr. speaker, let's do this for texas. let's do the right thing. let's help these children and i yield back my time. thank you. the speaker pro tempore: the gentleman's time has expired. pursuant to clause 12-a of rule 1, the chair declares the house in rec

given those ratios, is that true? >> i don't think i expressed any opinion about the adequacy of the capital. what i said was that we're operating under a preferred stock purchase agreement that has basically taken capital out of the equation during the period of the conservatorship. >> my time is expired. if they are capitalized, i would wonder why they're still in conserve forship. >> chairman duffy, could i trouble you for another two-minute break? >> no objection. the chair will recess for five minutes again for a second time. >> today the house rules committee meets to consider the rules for dablet on a boil it repeal the healthcare law and provide an alternative. this will be the first time in the republican-controlled 114th congress that the house will vote to repeal the healthcare law. our live coverage of the committee meeting begins at 5:00 p.m. eastern on c-span3. immigration policy comes up in the senate this week as they consider a house-passed homeland secured bill. it includes language blocking presiden

the next slide shows that all 3 enterprises still need out of the fund balance research ratios. a cautionary note here is that if revenue projections hold for the rest of the year, that is no further reductions to water sales, then we will be able to continue to meet these reserve ratios per the covenants. however, if revenues further weaken then we may need to take more drastic measures like deappropriation or at least budget reprioritization and we're hoping that the third quarter will bring more positive results. this concludes the update and i'm happy to answer any questions. >> questions, commissioners? >> so if i can just put it into perspective, congratulations on the water savings. now we have to monetize the savings and it comes into what is the bottom line. we're actually seeing revenues drop because we're not using as much water, of course water is also tied to our power production and sales there. as francis kind of mentioned, we have some plans in place to kind of make up some of that shortfall. part of it is our wholesale rates still being a truing up of the contra

there is a low payout ratio and you see the increase. it has been a little factor and not a big factor. we think more of the cash flow goes to activity. >> before we go to the break, with the yield is that another reason to buy stocks? >> the rates below and you can buy many stocks and assets with a dividend yield that should grow over time and the earnings should grow over time. we think the stock market is attractive and it is good. >> bullish on equities. we had to the break and check in on how oil is trading a little higher today. brent is up 56 dollars a barrel. keep a close eye on the bob dudley interview in a few minutes. on the move is back. >> welcome back to on the move. the equity market trading day. that is almost it for on the move. we are joined by guy johnson. >> that is a way of looking at it. it depends on what you thought the plan was. >> we are getting multiple moves and this is one of the bigger moves they are making this morning. the equities are of pretty sharply and i agree if you look at the longer term. it is up

on normal storm we talk about a 10 to one snow ratio.asically saying for each inch of water you have in the atmosphere you can get 10-inches of snow tom night we're looking at a lighter fluffier snow 20 to one ratios outside and that's why we'll see the snow pile up so quickly. so coming back here live in swedesboro i don't know if you can appreciate this i'll post a picture on twitter but these perfect little snowflakes dendrite means a branch like structure they look like crystals each one is absolute perfect and these are the kind of snowflakes that really love to pile up many i'm completely geeking out about it. check twitter tour that picture. this is kings highway and as you can see the road is starting to get a little bit dusted with snow here. only seeing it come down at a steady rate for about half hour an to an hour and already piling up quickly. slippery conditions on the sidewalks as well. i just want to show was we're talking about as far as the morning commute that. will be the highest impact with this storm. light to moder

aaron good man provides comments on the pipeline ratio of affordable housing and affordability and the need for affordable housing mr. goodman argues that the spaces should not be included phenomenon the land his comments are non-payable for the accuracy of the ceqa housing review therefore no fallout analysis is provide this concludes my peculiar and my colleagues are here to answer your questions. >> thank you. >> opening it up for public comment katherine and others (calling names). >> commissioner president fong and fell commissioners i'm kathy representing san franciscans for liveable neighborhoods which has owned in the written submissions i've presented already to the proposed approval or recommendation of approved of the 2014 housing element and it's resilience on the final eir for the san francisco 2004 and 9 housing element or any recertification thereof only the reliance that is not documents value it of the conclusions in the eir is being considered by the california court of appeals and the city will be ordered to file it's brief tomorrow to supplementally environmental re

the website so pretty good returned with lower risk and the risk adjusted returns the information ratio i was managing most of the money so the information meaning the excess returns by the active stacey says is first percent pilgrim actually. >> i take it on the website. >> so i think claire is writing this down this is the information that probably you didn't have this is why we have more faith in mr. cokeer and what he achieve he's done those programs prior and performance track records in the bad market in 2008, and that's important to see. >> and commissioners the numbers i pointed out for years through june 14th on ucs website that's didn't exclude 2008 when we and i'll try not to be redundant but there were questions asked by the audience and plus e-mails from the members actually and retire and statements being made so i want to try and show to ms. hawthorne we're listening to many hawk i think he's something been the activitys of the board members and not waiting for the decisions this is not a rush stamped board this has to do what happened in 2008 is that true. >> that's exac

in that same time their debt to gdp ratios have blown up once again. think the focus is on austerity and reducing debt and changing the budget dynamic is something the eurozone as a whole needs to get out of their minds. now is a time to focus on growth. there is more to the ratio than just the numerator. sometimes you need to focus on the denominator. the demands from greece to reduce the targets around 1.5%, economically it is more beneficial for everyone in the long run. particularly greece. it will help the economy continued to bounce back. it will make things easier politically going forward if they need to renegotiate their debt, but it's now in the hands of the germans, who seem quite against looking to reduce those targets. >> it has been a week of big calls with a 50% likelihood of greece leaving the eurozone. have the odds of greece leaving increased over the last week would you say? >> i would definitely say they have increased. i find it interesting how people can quantify these numbers but a have increased. it is a political debate rather

it decided to slash that ratio to half a point to 19.5%. the bank cut the key rate last november, but it seems to believe that economic growth needs more support. the latest move is aimed at boosting bank lending especially to small and mid sized companies. >>> joining me now from singapore is song seng wun from cimb research. he's offered to help us get into the mind of the central bankers. so we saw australia and china and indian central banks decide this week. this follows singapore and switzerland and japan and e.u. central banks taking a monetary easing approach. what should we make of it? why are global central bankers pumping more money into its economies? >> well, i think after three years of mediocre growth and signs that the underlying global growth momentum continues to be soft, and even, and with the sharp fall in commodity prices, energy prices in particular, basically it's made i think inflation worries upside even further and inflation's expectation has dipped somewhat as well. so i think this basically gives room to central

. >> grant:researchers at mcgill university in canada did a study on finger size ratios in males and suggested that the results had an impact on how adult men behave towards women. >> grant:the study says.males with smaller index-to-ring finger ratios were more likely to smile and laugh compromise or compliment the woman. >> grant:while men with larger size ratios exhibited a more contentious nature. >> grant:researchers say.for women.digit ratio variation did not seem to predict how they behaved. the study was published in the journal 'personality and individual differences.' >> pam: i do not know, grant maybe we will do that and the next hour. a second for the weather. >> reporter: we have some cloudy conditions moving in over the bay area. it will clear out creek until you what is expected coming female announcer: presidents' day is over, but the savings go on at sleep train. through sunday, save up to $300 on beautyrest and posturepedic. even get three years interest-free financing on tempur-pedic. plus, free delivery, set up and removal of your old set. and sleep train's 100-day

this is probably a 15-1 or 20-1 ratio. sterling 6 inches, fredericksburg 11, frederick, maryland, 4 inches and oxon hill 6 inches. for the rest of the forecast here is erica. >> thank you, topper. we've got the michael and son weather cam to start you off. it's still clear out there and bitterly cold again, 13 degrees, but it feels like it's 4 below 0. the winds now are out of the northwest at 18 miles per hour. we still have some gusty winds, but that will change as we head into the overnight hours. the winds start to relax. we'll have a frigid start to the day, but on 9 futurecast you can see that snow approaching. topper showed you on doppler 9000 that snow making its approach and the leading edge of it coming in during that monday evening rush hour. since it is presidents day, a lot fewer people on the roads, great news for anyone who needs to be traveling or for the road crews to put the salt down. they'll have a little bit easier go of it. then during the overnight hours snow spreads across the entire dmv. look at th

the ratio between senior citizens and the work force will be reasonable and balanced. the aging will not be so fast. meanwhile, we can have a certain amount of labor to guarantee the smooth development of the economy. but for now, the aging population is a growing problem. researchers estimate that by 2025, one in five chinese in urban areas will be over 60, and that by 2050, that age group will amount increase to 30 percent of the population. the policy has led to what is called the "4-2-1 problem," where one child will be responsible for two parents, and four grandparents. for now, this not an issue for he yin and lin zhongjie, whose parents are still healthy and mobile. but down the road, in the future, this may change. >> "if all four of our elders run into trouble, and it requires both my husband and i to handle it, i'm afraid i will get frantic and we will be fully occupied. >> but the biggest pressure might one day fall on lin jiahe, who may find himself caring for the entire family. >> "above all, he needs a good wife. then, in the future, when the population i

before the accident this project was above the ratio that would have made this a mandatory hearing and a demolition. following the accident under the planning code, not enough existing material remained to maintain that ratio and the proj dropped below the threshold and was considered tantamount to a demolition even though a significant amount of existing material will be installed in its previous location. that reinstallation of salvage volume of the original house is what prevents the building department from considering this post accident project to be a demolition. dbi determines the type of permit application needed for each project and has its own standards that are not always the same as the planning code. dbi does not have the tantamount to or de facto demolition definition. dbi management accepted this post accident application as an alteration pelter even though the project was reviewed as a demolition by the planning department. there is no error or misapplication of the rules here. the applicant's second issue is where she alleges that this project should not receive an exe

bizarrely these ratios show up in key levels in the stock market. how does that work?n looks at past swings and runs them through the ratios to find key levels where stock or index or in this case a commodity might change direction. not only that but broden can do the analysis in both the y axis and the x axis which is time basically she looks at the duration of previous moves to determine key dates where trend is likely to change m the case you can see that on january 29th not one, not tworks but three of her cycles came true. that is remarkable. really is. and shortly late january low, oil took out the previous high of $51. you can see it took out the high. i'm sorry, took out the high going back up. and that was from january 15th. so it took out that high. that means oil is now making this is the change in pattern, it's making higher highs. in short, broden sees the ingredients of a meaningful bottom in oil this time. remember, she was not fooled here or here or here. here, she said it could could be real. how high can oil go from the levels? now we will that i a lo

given those ratios, is that true? >> i don't think i expressed any opinion about the adequacy of the capital. what i said is that we're operating under a preferred stock purchase agreement that has basically taken capital out of the equation during the period of the conservatorships. >> my time has expired. i would suggest if they are adequately capitalized, i would wonder why they're still in conservatorship. >> the gentleman's time has expired. >> chairman duffy, could i bother you for mother two-minute break? >> no problem. the chair will resesz for five minutes. >>> the committee now reconvenes. the chair recognizes the gentle lady from ohio for five minutes. >> thank you very much, mr. chairman. let me just say to director watt what a pleasure it is to be here. i noticed you looked at me and you saw this big book and list of questions. in full disclosure director watt was my mentor, and i recall him always saying to me, read everything and always have good questions. with that said let me say on a is he serious n

talking about the snow ratios being so high, so it doesn't take much to accumulate the snow. that's a key factor with this storm. because it is so cold. right now 13 degrees, that's the problem. we really can't keep up with the snow here on the roads. just keeps on accumulating. it is not the heaviest snow, but it is just so cold all this sticks very fast, a loft air in the snowflakes, and just piles up real quickly. snow is 95 south through delaware county, just passed 322 wessex it west chester as we head toward the delaware line, you can see it snow covered. this is major roadway, so you can imagine what your neighborhood roads are right now. i say good coating to maybe up to an inch of actual snow on the highway. now, the plows coming through but real now bear spots so you're going have to drive slow. pretty slick out here, 30 miles per hour, pretty much good speed here on 95. and now you have few all stars trying to push it, going 50, maybe even 60 miles per hour but just want to use the common sense here, use your best judgement, keeping here, just wait it out little bi

they described attractiveness as your shoulder to waste ratio or waist to hip ratio. >> yeah. >> in otherw slim you are. that is what is attractive. wait. >> waist to hip ratio dictates? >> hang on. hang on. these people are not selfish. they're hungry. that is what the problem is. that's why they're not sharing. >> when they're cut the how they look. really interesting. i mean this is so obvious to me because what would the up shot be for the ugly dudes? like of course the good-looking dudes are going to be jerks what would be up shot be? >> ugly guys have to work harder. >> they deserve our love. >> but about the, shoulder to waist and waist to hip that is actually a measure of symmetry. if you have symmetry, either facial or torso -- >> it is empirical? >> no. it means genetic symmetry. those are signs you send to another person you will have further dell terrorist a legals when we combine ours. >> how do we decide who is in this category? >> the tantaros institute has series of requirements and -- shoulders to waist. there is waist to toes, if you know what i mean. there is all differ