barry schwartz, a professor at swarthmore college, the author of "the paradox of choice" and he joins us from berkeley, california. welcome to "nbr". >> great to be on. >> hudson: you write about choice overload. what is that when it comes to investment choices? >> well, i can't put a precise number on it, but choice overload is when people have too many options to choose from and the way we know that people have too many options is that they end up choosing none. >> hudson: it is particular to money decision or does this happen all the time? >> all the time, trivial things like buying, you know, pair of sneakers or a flavor of jam, important things like trying to decide who to -- you know, what to marry or what job to take, it happens across the board. >> hudson: we see this a lot with 401(k) investors and one choice that people struggle with is deciding how to invest. the 401(k) money. the average number of funds is 18, and the average investor in the plan holds just four. so is 18 funds in a plan too many? >> i think there's good reason to think it is too many, and there's research

one is -- it was terry schwartz specifically. one was to develop a plan whereby which we could come up with a shared use plan for the city of san francisco. where we could maximize our programming which is free and serve our mission and also -- allow for park and rec to maximize the use of their space. i have to say, i didn't get very far in the manning. there was so much upheaval from the -- from primarily park and rec, i'm still here, it was difficult to go long-range planning. our program was chiseled away and we had to relocate. we relocated some of our -- our programs to community nonprofits as well as pulled back and relocated to our campus locations. however, i think as a -- as a fran resident and parent -- i think park sites are very appropriate sites for parenting and -- especially parenting programs where you bring children. i have to say in any other circumstance, r, i would be, this is not a side issue, i would be advocating for more childcare in san francisco and as i said, many of the staff of this program are my st

schwartz: there's nothing isolated about the herminie situation. it's a very common problem. it's a town that was built before current standards. this is not backwoods rural america at all. it's just an unfortunate situation that was created probably a hundred years ago or more. and the people have to pay for it in a big way now. because the government is choosing to spend its money elsewhere right now, there's very limited money for communities to install adequate drinking water and wastewater, and i think it's criminal. that's my feeling. this country has to get its priorities right, and they're wrong right now. narrator: herminie faces problems because of the way its residents laid out the town generations earlier. across the country, many other cities and towns deal with the unexpected consequences from their early infrastructure design. los angeles county is a land of sprawling development. with development comes hundreds of square miles of concrete, leaving no way for water to naturally soak into the ground. in areas of such widespread urbanization, flooding can be deva

andrew schwartz. this is the temporary term lease for greyhound. currently, they are leasing 20,000 square feet of covered space in the transbay terminal. they are paying $20,000 a month rent. this lease would have greyhound renting approximately 7538 square feet of space in the new building the temporary terminal. the annual rent will be $20,000 a month. the terminal lease with the seven years. the basis of the $24,000 ranch was that it would be similar to the rent that greyhound is currently paying at the trans bay terminal with an increase of $4,000 a month, and under greyhound's business model, they are paying approximately 4% of their gross sales for similar markets as san francisco. this lease would have been paying 6.7% of their gross sales. for the year space at the temporary terminal. they would have exclusive use of the western portion of the building at the temporary terminal and shared use of the central space with another carrier that the tjpa may choose to put in the eastern side space, 1022 square feet. greyhound would have exclusive

schwartz and i have offered this resolution. madam speaker, i yield -- i reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentlewoman from pennsylvania is recognized. ms. schwartz: i have no more speakers, i reserve the balance of my time in case there are other speakers on the other side of the aisle. the speaker pro tempore: the gentlewoman reserves the balance of her time. the gentleman from texas is recognized. mr. johnson: i yield back the balance of my time. the speaker pro tempore: the gentlewoman from pennsylvania is recognized. ms. schwartz: i yield back the balance of my time. the speaker pro tempore: the question is, will the house suspend the rules and pass house resolution 1481. those in favor say aye. those opposed, no. in the opinion of the chair, 2/3 being in the affirmative, the rules are suspended, the resolution is passed and without objection, the motion to reconsider is laid on the table. the speaker pro tempore: for what purpose does the gentleman

michael schwartz has been our authority lead.just want to thank everyone for the incredible collaboration through the budgeting process. we are very excited to be making this request and hopefully launching a project soon. we do also have community members here. hopefully, they will add their comments. supervisor campos: i also want to echo the comments about bill level of cooperation and coordination. it's great to see that. it is an exciting project. commissioner dufty. supervisor dufty: one of the big improvement i have seen in terms of street scape on a market is when the northwest corner bart was replaced with open design. i think that would be great for market street. those bunkerish transit entrances lead to problems. >> absolutely, in terms of looking at their design, the balkan mess, the number and location of them, is all on the table. that discussion lends itself to not only improve in the urban design of the streetscape, but also fitting in other mobil facility that we may want to try to accommodate. supervisor dufty:

if you surf well you're going to schwartz from the russian branch for the worldwide fund for nature if any of the barrel spring a leak the environmental impact will be massive. a lot depends on how soon they manage to retrieve the parents from the river we still don't know how much of the hazardous material is still in the river even if only a few of the barrels leaked toxic chemicals into the water no matter where this happens the effects on the river's biological resources will be huge and extremely negative and the few of these chemicals come into contact with the person's skin and they should immediately see a doctor as urgent measures taken by your thirty's because of the incident the situation looks much better than five years ago when a similar incident occurred the chinese authorities quickly provided the necessary information and some high ranking officials are present on the scene but russia and china should definitely work move closer to prevent the high risks posed by the fast growth of china's economy which results in incidents like this. the month long heat wave being exp

events for the industry with companies coming from all around the world as our correspondent laura schwartz. airplanes of all shapes and sizes are taking to the skies over the south of england this week as formed by international ash brings technology to russia's biggest aviation industry play as a representative not just arafat and sukhoi superjet but also titanium make. the russian defense super corp defense important export company export and russian helicopters it was a successful beginning to the show for russian helicopters which sold four machines to an indian company a new direction was a commercial market for us it's a new market with care of several commercial. but that's not a big want to be confusion going on that we developed. so we are putting additional forces on this market. among the russian related deals signed his so far and placed in order for eleven ad planes for around a billion dollars and will supply thirty of it super jets to an indonesian airline in a deal worth just under a billion dollars but the name on everyone's lips this year is boeing. undoubtedly the star o

schwartz. the speaker pro tempore: the gentlelady from pennsylvania is recognized for as much time as she may consume. ms. schwartz: the bravery and sacrifice over the years has helped to ensure our nation's safety and our freedom. originally growing out of the sod fields of the philadelphia airport in 1924, the squadron was first called to active service in february, 1941, to perform anti-submarine patrol off the coast of new england. the squad saw a lot of action during world war ii. in 1943 they deployed and performed support operations in the china-burma-india theater of combat. the same year they earned the distinguished unit citation for their execution of ground attack missions in france and the lower countries in advance of the invasion of normandy. and in germany for their support and the aftermath of the battle of the bulge. members of the 111th honorably serve the u.s. war efforts in both the korean and vietnam wars. in 1963, the 111th ended their 39-year history at the philadelphia

supporters, not just here in nevada, but all across the country, state senate majority leader stephen schwartz is in the house -- shortened -- schwartzman is in the house. state speaker -- speaker of the state assembly barbara boxer lee is -- barbara buckley is here. give it up for the killers. [cheers and applause] these guys, for the fourth of july, they performed for military families on the south lawn. they have been unbelievably nice. they do not look like killers. [laughter] one of them is tall, but they do not look like you would be scared of them. [laughter] they're wonderful people. we are grateful to them. how about sarah mclachlan? [cheers and applause] she was -- i met her backstage. she was delightful. she has a couple of beautiful daughters. i am always partial two daughters. -- to daughters. despite the entertainment, the digs, the old friends, the main reason i am here is because there is a guy from searchlihgt, -- searchlight, nevada, who has been fighting on behalf of nevada for most of his life and is now fighting for working families all across america. that is your senate

and much more of it than all the generous donations to date so far-- that they could read timothy schwartz' book "travesty of haiti" which describes the dilemma. and through that, if they could read that, understand the dynamics of international aid work, the way it gets politicized, the way that religious organizations blily support orphanages of... full of children who have families and are in many case what is would be the equivalent of the middle-class families of haiti and to cut through all of that, there are organizations, there are actions that are... where you don't do harm by doing good. food is a major area where we have done more harm than good and you can track this where c-130s full of race bags come in. and i don't mean in the case of immediate disaster relief. but as it goes on, there's still not a voucher system which would actually give people who need the leg up after the earthquake the opportunity to get some kind of an assistance. the tradeoff would be with the... both the grass-roots vendors and the store front vendors so that the money would actually be there. but wh

schwartz: as a result of the deepwater horizon blowout, tens of thousands of gallons of oil polluted the coast. it is a call to action, an urgent call to develop alternative sources of energy. if we don't do that we will never end our nation's addiction to oil which means for us to drill in dangerous locations. i've introduced legislation with bipartisan support to encourage the next generation of biofuel, fuels made from living matter like plants and aljeefment along with incentives to expand other alternative energy sources and promote energy efficiency, this proposal's exactly what the renewable fuels energy needs to get facilities built in the united states. these biorefineries will produce clean energy and create new jobs here at homes. the biotechnology industry organization estimates a direct job creation from cellulosic biofuels will create over 200,000 jobs in the next decade. by working with the private sector to advance the next generation of fuels we can and should put our nation on path to safe energy. the speaker pro tempore: for what purpose does the gentleman from col

. >> the nettles family is home in san diego today and also with us is tony schwartz.ting all day long? >> hopefully you have free texting, right? >> we have unlimited. that's good. i don't know. we talk about anything, really. we plan something to do the next day or just talk. >> did you discover during your day off texting that it was actually harder or easier than you thought it was going to be? >> oh, it was really hard. i was really bored, and i wanted to go home. >> greg, did you notice any family bonding that happened during this day? >> you can't bond with a miserable teenager. >> maybe there was something. >> no. it was fun. we had a good day. i think by about three-quarters of the way through the day, though, taylor was done. she wanted her phone back, but we had a good time. >> i think, tony, the stats are crazy. she said 35,000 text messages in a month. is that normal for teens? >> kids are on average two hours a day texting, and it's about oon na form of communication is one step above a gorilla that grunts. it's in little tiny pieces at great expense to k

when -- i have had, i dealt with three different park and rec directors and -- so -- and terry schwartz and folks that are not available right now, who i have met with. so communication has been challenging. i feel like i have been to meetings with someone and then -- >> you had nine lobes. what happened to those nine locations? >> there's also been a concurrent movement on -- on -- the -- the behalf of park and rec to provide fee for service programming at different facilities. i would say two of the facilities specifically mission rec center and eureka where we had a multiple day programming, we were actually in conflict with fee for service programming at park and rec. our -- our classes are rhea and again they're not for the children, they're for the parents. this is parent education and they are free. so when there's a free program for parents with children, operating next door to a fee for service program, there -- there can be a youth conflict. we -- we were -- we were requested that we leave ins i have been chair at west portal, we were at west portal. we were asked to leave bec