rob black says the biggest impact would be rising interest rates. if you have an adjustable home loan, that would go up, meaning you'd have to pay more each month. if you are paying off student loans, those would go higher. and it would go from hard to harder. if your loan has a 5% interest rate, for example, it would likely go up to about 6%. experts say the market would get crushed. losing about 30%, which is why some say this would turn into a global economic crisis. but most insiders believe things like social security and active military will still get paid, even if the u.s. does default. i'm grant lotis, kron4 news. >> the only city in bankruptcy will leave that title behind a. federal judge cleared the way for vallejo to emerge from bankruptcy. what it will mean for the people of a vallejo. >> city officials say vallejo survived the last three years by cutting core services to the bone. they cut the police force by almost half. 47%. the fire department also saw a 42% reduction. >> it's an embarrassment. it's a stigma. our citizens will be hap

i have a lot of respect for my friend rob black, but i will respectfully disagree with that. i do not think this is what he said. i think this is about notice. it is not just about the fact that notice is about how these accounts are being used -- as was noted before, the way the rules of the ira's work, it is up to the employer to set these restrictions, including the comments provided. we as a city do not have the ability to dictate the specifics of how the account worked. we were careful in how we drafted this piece of legislation. this was drafted in close consultation with the city attorney's office, knowing the restaurant association had sued the city to try to stop the implementation of healthy san francisco. we have drafted this carefully to make sure we follow the clear guidelines the ninth circuit court has faced. while we do not have the right to dictate the specifics of these accounts, we do have the right to define an expenditure. we are simply saying that when we mean expenditure we mean the lemon's definition of that. expenditure -- the lame man fifth definitio

. >> good evening, commissioners, rob black from the golden globe restaurant association here to represent our nearly 1,000 member locations throughout the city and the bay area. i want to start off with saying how excited we are with the legislation and supportive of the supervisor's efforts and really want to applaud that because he's shown great leadership in an area that really will make a big difference for local businesses, and for residents, quite frankly. this will enhance the experience of going out, it will make our neighborhoods more vibrant, more exciting, and the dining experience more exciting, so we're very supportive of that. the only comment that i would make is reiterating what was said by the previous speaker, we would urge that this be citywide. we think there are many businesses, whether westportal or south of market, that would really benefit from this activity. as we were discussing -- as the commission was discussing, this is a tourist-driven town in many ways as far as economic activities. we had 16 million tourists come to san francisco last year. 50% of those tou

>> commissioners, rob black. thank you for the opportunity to speak today. you have heard from the proponents of this ordinance that businesses are not complying with the spirit of the law by allowing for unused moneys to return to the employer, that because only 20% of health reimbursement account expenditures are used that the employer must be violating the intent of the law, that employers are restricting benefit packages with the intent of making them difficult to use, the example primarily around reimbursement of insurance premiums. i want to talk about those three issues. we believe the intent of the law was not to enforce employers to spend money on a. the intent was to reduce the number of people who received primary care from a emergency rooms and to provide low income people with health access. we believe that was the intent of help the san francisco. the expenditure requirement was to put the burden on employers to help make that process happened. we believe reimbursement accounts are at the proper way to allow that to happen. regarding the 20% to

we have elliott wagner and rob black. >> i'm elliott wagner from the westportal and represent the merchants there. first of all, i would like to applaud the supervisor for making this legislation. president o'brien: make sure you speak into the mic, please. the other one. >> i think it's going to be a great stimulus package for small

rob blacks is the biggest impact that people will feel will be the rising interest rates. if you have an adjustable home loan, the rate will go up meaning you will pay more each month. if you are paying off your student loans, those rates will get higher, and approved for a new loan will go from hard, the harder. he estimates if your loan has a 5% interest rate it will likely go up to about 6%. experts say that the market will get crushed, losing about 30 percent which some say this will turn into a global economic crisis. most people believe that social security and active military will still get paid even if the u.s. does the fault. her >> we will take a look at the role that the two-party has in the debt debate in how it has changed the face of the republican party. >> a live view of san francisco right now is after 8:00 p.m. from twin peaks. there is the fog rolling in across the city. we have not had me breaks from the fog, a few breaks of sunshine today. up in the sierra, the story has been heavy rain, strong thunderstorms. this is the past three hours and had some h

. >> rob black, thank you. more news to come. >> kron 4 is on top of a developing story.test against bart gets rowdy. one protester is trying to climb on top of a train. this was seen earlier at the civic center in san francisco, the same station where a man was shot and killed by a bart police officer last sunday. dan kerman is alive with the latest. >> i am a top of the civic center bart station. it is closed. there are no trains stopping, neither muni or barge. no one is allowed in. everyone has been cleared out. let me show you what happens. the protest began quietly but about five minutes after 5:00 p.m. the crowd grew to well over 500 someone tried to climb on top of the train. protesters and boarded the train, pounding on the train into the train was stopped in the civic center for a good 15 minutes. at a certain point there was a show of police force. protesters back off. those that were on the train stayed on the train. there was enough of a police presence that at that point people were able to let the train go and the train moved out. at that point, more police

rob black this year to talk about some of the winners and losers. first, air travelers could get a tax break. >> correct. the faa did not have a tax incentive reinstated by the government. it therefore, $25 increase possible for each ticket. and if you notice? those air truck companies. 8200 mountain dollars per week those air travel companies--8 $2 million mount it i a $2 millionr compan per week tax. >>catherine: netflix but people are not happy with the price increases. >> 26.4 million subscribers more than comcast. their earnings for 10 percent down. 10 million people are in streaming. the teacher taught her is starting to get extreme like i do not want to-the balance of people streaming. with the balance of people ordering through the mail. to do one or the other but i think that streaming is the future. >>catherine: their stock is perhaps showing this? >> i think it is the combination of factors. >>catherine: research in motion is a loser? >> they are cutting 9 percent of their sales force. this is fallen and it cannot get back up work apple b

rob black. one of the winners, one of the us losers cisco.se are going to be pushed into the retirement, 5000 jobs and juarez mexico getting shipped out. it is a bad day for cisco. it was one of those downsizing that nobody wants to talk about. >>catherine: and a trio of of the losers. >> yes. i am a stock person that bank of america, goldman sacks. these are practically bleeding. i do not have a good football analogy but if you are just 100 yds away your almost a winner. these financial stocks are two year low there is something wrong. bankamerica has gone from $14 to the amount of $9.50. and with no blood, we die as a there something wrong with these guys i cannot quite put my finger on it but it has been contained dress. >>catherine: it is kind of chilling. cantankerous-- >>catherine: and charlie sheen. he looks to make 40 million-100 million a signing a new television series with lions gate kind of based on his movie. a character that mistreats women. and with 10 episodes could be 90 episodes. if that is how he is going to make so much mo

with the problems we got, black folks used to could say, "at least we ain't crazy." our crimes made sense. ain't got no money, rob with us. dvds, cds. ike turner's greatest hits with tina on the cover. got something you ain't gonna believe-- r. kelly on tape with grown women. i got grandmas gone wild. you ever seen wrinkles in a thong? fred, don't buy nothing from that fool. that nemo tape i got for my son has a crack deal on it. why you always lyin' on me? ain't nobody lyin' on you. line me up. i got a meeting in 19 minutes. head to your meeting 'cause i got next. k-rod called and booked the spot after that, but i can get you at 3:45 or 11:00 on tuesday. ( chuckles ) you a superstar now? the eminem of the barber world? yeah, that's why they call me slim fady. you must have forgot, this used to be my chair. wasn't but two seconds ago your pasty pilgrim ass was sitting at that front seat and nobody was feeling you. well, they're feeling me now. i'll touch you up. hmm! my customer's running late, so i can take you. cool. hi. hello. so... what's it like working for alderman brown? it's good. the alderman is a great

robbed, too. police were saying a woman says a black in her 30s, and her hair was in cornrows to her neck and she was in a white car. they released this still picture of a man any say drove the car away -- they say drove the car away from the mc donald's restaurant and it had bats and balls inside autographed by willie mccovey. there's no word if they caught the man you are looking at in that picture -- in that picture. >>> this is a bold crime caught on tape. it shows two people stopping a would-be biker. there goes the man on the bike. one man runs in front of him tries to knock him off the bike. another man tries to stop him. you can see that man gets off and takes off running. and he managed to escape on -- escape up front. the video you are looking at came from the communication company, wcg. >>> the death of amy winehouse is driving up her record sales. friends and family mourned her in london yesterday. since her death on saturday, she's reentered the top charts. her top album sold 56 million copies. digital sales also increased by 2,000%. >>> and back in business. now that the nfl lockout

robbed on july 15th. the robber is described as a black woman in her 30s, about 200 pounds, 5'3", she is armed and dangerous they say. >> the suspect is armed and dangerous, if you know where the suspect is we ask you to call 911. >> she was last seen leaving the area in an older white two- door, possibly 1990's car, and possibly a chevrolet. >>> and this was a day of celebration for san francisco's redevelopment agency. the organization marked the reopening of the martin luther king, jr. marcus garvey apartment complex after a renovation. it includes a new laundry building, a community center and two playgrounds. >> it was done -- we have to look at all the bedrooms, the rooms, what needed to be done. and we -- in addition to this, we are working on so many other projects. >> reporter: work is also upgrading security features and putting new appliances in all 211 apartments. >>> and the oakland laiders starting quarterback brandon gronkowski agreeing to a new contract. >> reporter: these first few days of training camp will be a scramble for all 32 nfl teamings. one group of raider players arrived today on

black woman who comes all the way from california, from los angeles. she lost her husband and her brother in the war. she, on the trip here she is beaten she's robbed. er wedding ring is stolen. she becomes one of the leaders, black woman, in 1932. becomes one of the leaders, leading black and white men in this thing. so the social fabric has been changed. and this, a lot of people that, some of the people we talked to really believe in their hearts that one of the reasons that mcarthur took such a dim view of this is because there was institutionalized racism in the military. and they didn't want to see this. this was not what the powers that be wanted to see. wilkins, of course, it becomes his model. even when resurrection city is created years later and all of these other things, it influences his whole life. this is something that's bothering him. so just to get set tom up again. the summer, even though they've got this racial integration. as the summer starts to progress, there's, it's really great heat in the city. a lot of rain. the camps are becoming like the trenches of france and world war i. things as july gets mature, as it gets -- into t

but now floyd was accused of robbing and killing 80-year-old catherine lynch here in her home. a witness told the sbi that a blackan knew something about the murder. although floyd didn't match the description of that man, the sbi questioned him and said he had confessed. mike klinkesem and kelly deangelis, brown's lawyers, couldn't believe it. >> when you read that confession and when you saw floyd, did you instantly say, no way? >> yes. >> there's no mistaking that floyd could never in a million years make that confession. >> wednesday -- i mean monday. we go monday. >> you meet floyd and you just instantly know he doesn't have that capacity. he doesn't have the communication skills. >> because this is your next appointment. who are you meeting with? >> he doesn't have the knowledge. he could never speak with that much definition or detail. >> this doctor? >> yeah. >> this is the confession. six pages in the first person, handwritten by sbi agent mark eisley, who testified is was taken down verbatim. a transcript of what floyd had told him. the only thing floyd wrote down on his confession was his name spelled

the police are asking for help to identify the moment that rob a credit union twice in the past two weeks. she is described as a blackoman in her mid to late thirties between 5 ft. 5 and 5 ft. 7 she weighs about 200 lbs., she has her hair and cornrows downturn neck. police believe there she is armed with a handgun. in high school softball coach is arrested accused of child molestation, now a police say that with this person that you see your had a sexual relationship with a teenager that she met while coaching. the alleged victim is between 14 years old in 18 years old they say she also said explicit material to the teenager. the city of oakland is dealing with a massive problem with the pot holes. here is an example, we found this on jackson street in downtown oakland. they say 61 percent of all city streets and need some type of repair work. last year, they receive 155 claims, today we spoke with the city's public works director about the situation. >> as everyone knows, the streets aren't terrible conditions. 61 percent of streets were in fair or poor condition last month a meeting that they needed work. we needed

rob you? >> as he watches the video he better understands why his dad is having trouble providing a good description of the intruder. >> he had a hoody -- blackn, gloves. he was pretty prepared to do something. >> turns out the bizarre tree branch attack ends up hurt morgue than jugal's bank account. remember, as they fell to the floor, jugal felt a sharp pain in his arm. well, at first, he refused to go to the doctor. but with his son's urging, a week after the robbery, he goes to the emergency room. the scuffle had caused two fractures. >> they put stitches here and put a blade inside to secure that. >> the robber hasn't been caught, but munish says that has never been his main concern. he's just thankful it wasn't worse. >> it was hard because you never know. something could have happened. i could be without a father anymore. >>> april 30th, 2011, las vegas, nevada. it's another convenience store robbery. this time, the thieves come in unarmed, but there are a shocking number of crooks to overwhelm the clerk. >> it's called a mob rob. nearly 30 people storm the store taking about $600 worth of food, beer and other drinks. >> at first, i wa

robbed him. it happened near third street around 12:30 in the afternoon. the two men followed the man from a store, they pushed him and he fell forward, hurting his hands and face and blacking from that fall. the suspects took the man's beer and $2 in cash and ran away. police are looking at surveillance video to help find those men. >> shooting at a b.a.r.t. station leave as man dead and two police officers on administrative leave. today in the bay's marla tellez joins us live in san francisco with the latest on this latest shooting. good morning. >> reporter: good morning. still many unanswered questions about what happened here at the civic center station. about 9:30 last night b.a.r.t. officers respond after getting reports of what they call a wobbly drunk on the platform. two officers responded, they say they found this man holding a knife, murltiple shots were fired. not much is known about the man other than he is white. b.a.r.t. officials say broken glass and more than one knife were found at the scene. and the officer who fired the shots suffered cuts and bruises. we spoke to the chief communications director for b.a.r.t. he says this is the sixth officer-involved