. >> thank you, scott james, general manager, and the parks department and first of all we are grateful for this commission and department staff for your partnership and a number of properties that we work together and to provide the activities which is our joint and shared mission, we worked closely with the department and the department staff over a number of months and we have viewer feedback and the veriable amount of fee back to reach and formalize a refresh which we are comfortable with and pleased to be here today. with respect to the two questions, that you raised commissioner, one bond planning, we have begun in earnest our 2012, park bond planning it is 185 million bond with two million assigned to the lake merced and there have been staff meetings as we have done with the different sites to prepare for it and we have an assessment happening some time early in the fall and we will begin the community stake how older process shortly there after. >> great. and so what was the process be or role for this condition? would it be one community engagement process is further along, wo

we have matthew slaughter of tech business school, scott brown, raymond james, and, gentlemen, thanko much for being with us. i want to start with the part-time job phenomenon. i'm diving into the numbers, and i see that the number of people who reported that they took a part-time job, even though they wanted a full-time job, jumped by 332,000. it definitely seems like people want more employment is available. matthew, we'll send it first to you. why do you think this is happening, and do you think this is a normal part of the recovery? >> so part of the reason it's happening is a lot of businesses in america, both big and small, remain reluctant to hire. the affordable care act is part of that. it's the broader global business environment, as well. there's still a lot of uncertainty about europe, about the middle east, the slowdown in china. so you put all of that together, and one of the things you saw in this morning's jobs report was, say, manufacturing, traditionally created some of the highest productivity, high-wage jobs in america. america hasn't create the net new manufactur

i want to bring in rory scott who is with patty. george is 7-4 odds. james 4-1.r, arthur, lewis, henry. >> george is the consistent front-runner from day one. taking $150,000 the last day on that. the together markets past 500,000 pounds. is that $750,000? this is huge. >> four and five finger bets on this, right? >> very much so. george specifically and james, alexander is the big mover the last couple of days. it's down to 9-1 now. >> is there any rhyme or reason to this? >> there is. i think lots of boxes to be ticked. a thousand years of tradition to respect and don't want to upset the boss, namely the queen. william and kate are a modicum and want to do things their way so i like alexander. 9-1 good value in that. >> let's not forget although that is the first name, they all get like three or four fames. remember when diana and charles got together and they mixed up the name? >> prince charles has about six names, i believe. i'm betting most of the betting the frenzy is on the first name. >> look. this could go on for a while. we did not learn for almost a w

scott lucas. and the first majority leader to lose was indiana republican senator james watson, watson lost in 1932 very effective in getting the rank and file of his party in the senate to, quote tow the party line. add fetish for loyalty to the republican party. does that sound familiar to anyone? should mcconnell lose his re-election bid next year he will he a be just the second republican senator leader to lose ever. let's hope you make it in the record books senator. >>> i want most people to know, most people celebrate the new year on january 1st. but for political junkies and other nerds like me, the party really starts today. i want you to know that. here is a round up of some of today's significant laws and political events happening in the regulatory year. first up. eric garcity starts in his job as the 42nd mayor of los angeles. he opens with voters viewing him favorably. may the blank state ever be in his favor. riding the pride way from san francisco to the east coast gay couples in delinquent delinquent can--delawarecan be married today. and on the gun front a gun manufacturer in colo

scott, dennis westry, turner, kevin. if you could please be lined up against the wall and be ready to go. >> good morning commissioners. my name is james and i'm a 4th generation san franciscon and a retired administrator having served at middle school for the past 13 years. in 2009 i was approved by the first tea of san francisco board of directors and asked if our school would become partners with the firts tea of san francisco and develop a first tea center at the school for the benefit of elementary and middle schools in the vegetation neighborhoods. as you know vegetation middle schools backed up to clairen park. with the approval of the san francisco district, this partnership was developed into a great san francisco success story. the first tea installed that needed equipment, the school site over $300,000 in materials and golf sports equipment. today over 1,500 lowen come students from the bay area, hunters point and vegetation area have learned to play golf in this area. in additions students have gone onto play golf at glen eagle and hardening golf courses. the course course and the students who use it have been featured on t

- three economists, chai charles plosser, jeffrey lacker and james bullard, they predicted time and time again a higher inflation rate, scott. what did they miss from your standpoint? why were they wrong? >> well, i think they were focusing too much on the quantitative easing which during normal times would be very inflationary. but in the special situation where the interest rates are near zero, that money just basically sits in the banking system. and it had a little effect on the economy, but nowhere near as much as they predicted. and bullard to his credit has really changed his tune and actually advocated more aggressive monetary stimulus because he's seen the inflation number comes in lower than he expected. >> would you like to see the fed continue its quantitative easing or would you like to see the fed slow down? scott sumner. >> i prefer they do nominal gdp targeting. that would be more effective and if they don't do that, qe is better than nothing. it's basically the difference between our weak recovery and europe's double dip recession. look at the europe situation and look at the u.s.. that's what qe has done.

scott pelley. >> pelley: good evening. this was supposed to be a day of celebration in the spanish city of santiago de compastela, the annual festival to honor st. james. instead, this was a day of mourning for scores of people in a train wreck as they were heading in the city. the death toll rose today to at least 80. more than 90 people are in the hospital, and more than 30 of them are in critical condition. the question tonight is, why was the train going so fast? mark phillips is following the investigation. >> reporter: video from a track- side camera appears to confirm the suspicion-- speed caused this crash, too much of it. it took just seconds to turn a modern train into a death trap. one roberto fariza from houston, texas, and his wife were caught in it. she's in critical condition. >> unfortunately, it got really, really... she got hurt very bad. i mean, her scalp was all like that, flipped over, and she was bleeding out of her mouth and out of her ears. she was conscious, though. >> reporter: the train was supposed to slow down to 50 miles an hour around this bend. instead, it seemed to be doing twice that. the car behind the engine left th

james bullard dissent this time. >> you and i have a fundamental agreement maybe on rates and housing. after the break, scott, i'll ask you to stick around because i want to go at it a little bit with you on housing. can we do that? >> sure, you want to arm wrestle? >> see, equal playing field, my friend. okay. >> you're in l.a. and i'm in new york so i can say what i want. you can't get me. scott is going to stick around. we'll talk more about housing. let's quickly recap the market. the dow down three point, a 15-point move in the dow, that's it. ten-year treasury yield, 2.62% and gold down 12.5 bucks an ounces of the market got what it wanted and got what it expected, but that doesn't mean things will be same from here to the end of the year in what already has been one heck of a year for stocks with the nasdaq up a cool 20%. more markets, more fed, more housing and more impact on your money coming up. plus, is the street ganging up on bill ackman over herbalife? we'll talk about it, and the one stock you might just be kicking yourself over. that's all ahead. stick around. the most free research reports,

james cagney. >> jennifer says she's going to firmly plant her toes into the sand of the local beaches. >> i like that idea. scott on his mind. he is going to the lake. ize he's going to drink many adult beverages and check out booty. >> he is honest. >> juanita celebrating her 58th, years young. cake, cookies, hot dogs, apple pie, beers and diet coke. and piÑata. why not? >> why not, pinata and booty. fourth of july classics. any plans? >> barbecuing. grilling out with some friends. easy, breezy, a great holiday. >> a fantastic holiday. i think those folks nailed it right there with the fireworks and the barbecues and the beverages and the pinatas and the booties. god bless america. >> with that said, that comment there, john. at said, that comment there, john. our daughter is all kate. same grin, same walk. and the same beautiful hair. nice 'n easy. in one step get expert highlights and lowlights. for color they may just think you were born with. i'm a lucky guy. with nice 'n easy, get the most natural shade of you. >>> time for "the mix." question for you on fourth of july. do you have a guess at what flag may

scott brown and former democratic senator evan bye. it's fair to say the most interesting development has been the letter that three big union chiefs including jamesoffa of the teamsters sent to democratic leaders and the president. congress wrote this law. we voted for you. we have a problem. you need to fix it. the unintended consequences of the aca -- affordable care act -- are severe. that's blunt for one of the democrats biggest voting blocks. >> i love when they speak to the representatives of the u.s. people. we have a problem. you have to fix it. this is why unions are doing so well in public opinion for the last 40 years. obama care is failing. it's not that some of us are rooting for it to fail. look at the evidence. he suspended large chunks of it. probably acting illegal ohly to do so. the employer mandate. he didn't suspend the individual mandate. that's even more of a problem now. they are not going to be able to enforce eligibility rules. people will say what their income is and get involved in tex changes which is the big core of obama care. >> those are the marketplaces where people will go and shop among various insurance. >> the

scott brown, and former democratic senator evan bayh. i think it's fair to say that the most interesting development in obamacare has been the letter that three big union chiefs, including james hoffa, sent to democratic leaders and directly to the president. "congress wrote this law. we voted for you. we have a problem. you need to fix it. the unintended consequences of the affordable care act are severe." that's pretty blunt for one of the democrats' biggest voting blocs. >> i love the way they speak to the elected representatives of the u.s. people, "we have a problem, you have to fix it." this is why unions have been doing so well in public opinion for the last 30, 40 years. look, obamacare is failing. it's not that some of us are rooting for it to fail. a lot at the evidence. he's had to suspend large chunks of it, probably acting illegally. it's not clear he has the right to do. he did suspend the employer mandate. people will show up and say what their income is and get involved in the exchanges, which is the big core of obamacare. >> chris: the marketplace where people will go, be able to shop among various insurance -- >> there's lots of evidence they have huge probl

scott brocus, his father died of cancer in a 9/11 illness. he's 1,945. you lose your legacy points, 11,000 plus down on the list. michael's brother james says, and i'm quoting here, the first thing that came to my mind was is my father's death not worthy enough to get legacy points? i now feel my father's death is being tarnished and not honored. all my brothers and i want is to follow in our father's footsteps and honor him by becoming firefighters. there's a bill now in the new york legislature that allow these firefighters to actually get their legacy points. but for some reason not yet explained, governor -- >>> next hour, we're going to speak with these young men about their loss, their struggle and their fight to become firefighters and what they plan to do next. they'll be with us live. >>> a seemingly well intentioned government initiate ty is raising some serious questions about big brother. we're going to explain the effort to use behavior modification techniques to effect the decisions that you make. >>> plus, new fallout from the penn state football scandal as a court decides what to do with three top officials connected to

james steed. waitehitted. robert caldwell. travis clay carter. mackenzie. allen turbyfill. joe thurston. wade scott parker.ose. garrett zuppiger. scott daniel morris. deford. warneky kevin woyjeck. mckie. mizner.hael [no audio] >> the surviving member of the hotshots is brendan mcdonough. every firefighter feels blessed that he is with us here today. it is my honor to introduce my brother firefighter, brendan mcdonough. [applause] >> my brothers, my sisters, my family. i would like to share with you. duty to fight the roaring blaze. lee's keep me safe and strong, i may be here for days. crewmembers asow we hiked the the top. help us cut enough line for the blaze to stop. -- skillslls enhance and hands be firm and quit. line, i stand the should answer doubts call. bless my hotshot crew, my family one and all. thank you, and i miss my brothers. we are here today to remember them. i love my family, all of you that are out there. thank you for supporting me. [applause] [no audio] ♪ [taps] >> on real-world personnel, please rise. personnel,ormed please rise. >> submit women are confronted with a more dangerous

james steed. [bell tolls] clayton whitted. [bell tolls] robert e. caldwell. [bell tolls] travis clay carter. [bell tolls] christopher allen mackenzie. [bell tolls] travis turbyfill. [bell tolls] joe thurston. [bell tolls] wade scott parker. [bell tolls] anthony michael rose. [bell tolls] garrett zuppiger. [bell tolls] scott daniel morris. [bell tolls] dustin deford. [bell tolls] william h. warneky [bell tolls] kevin woyjeck. [bell tolls] john j. percin. [bell tolls] grant mckee. [bell tolls] sean michael misner. [bell tolls] >> the surviving member of the hotshots is brendan mcdonough. every firefighter feels blessed that he is with us here today. it is my honor to introduce my brother firefighter, brendan mcdonough. [applause] >> my brothers, my sisters, my family. i would like to share with you. a hotshot prayer. i'm called to duty to fight the roaring blaze. please keep me safe and strong, i may be here for days. be with my fellow crewmembers as we hiked up to the top. help us cut enough lines for the blaze to stop. let my skills and hands be firm and quick. first to stand the line, i should answer god's call. bless my hotshot crew, my family one and all. thank you, and i miss my brothers. we are here today to

scott. how is this for a headline. our next guest says today is d-day for the markets. he's call for a 10% to 12% correction in stocks. the managing director at raymond jamesou're so confident you see weakness ahead. >> market can clearly do anything, but we have targeted july 19th for the past, i don't know, six to eight weeks, from a number of quantitative timing models and tech nenical timing models and things like when the s&p pulled back from the may 22nd high to the june 24th low, it only corrected 7.5%, but you had a 17% correction in the breadth, and that tends to proceed some kind of decent or meaningful decline. if you're looking for a news backdrop, i think revenues and earnings will dispoint and i think you will hear some saber rattling out of washington, d.c., before they recess. >> certainly we're going to face that debt ceiling argument again and earnings haven't been spectacular, jeff, but is this fundamentally a call then on these technical levels and what you're talking about there with regard to the breadth of the recent decline we saw? >> yeah. it has to do with that, but it also has to do with the news backdrop. you don't know this abo