dan shackelford, portfolio manager of the t-rowe price new income fund-- a $15 billion dollar bond fund-- and james awad, investment strategist at zephyr management, which manages more than 20 investment funds. >> dan, thanks for joining us tonight. >> great to be here. >> dan, let me begin with you. is warren buffet right. are treasuries dangerous? >> i don't want to talk myself out of a job. but warren buffet made an important point along with the report that you had earlier, and that is basically, the fed is targeting an inflation right of around 2%, and as we heard earlier, inflation is nning higher than 2% and above the current level of interest rate you can get on a terbry 10 year. so once the inflation eclipses the yield on the treasury bond, i would say it's getting pretty ricky. seam jim, what do you think, are treas reaps dangerous ?i.d that's the consensus now. and in all due respect to warren buffet. he's richer and smarter than i am. but there's another scenario. with all the money thrown at the u.s. economy, at half -- it's growing at half the rate the fed would like it to

i am mia shackelford. i work on youth employment. our city has been leading in some many other things, our city is different and it is groundbreaking and move forward. i hope this cooperation works here and can work in other cities across the nation. >> hello, everyone. i am the chair of the san francisco youth commission, leah lacroix. i am studying paul -- political science. this is my third year on the commission and i am a mayoral appointee. for some background, we have been existing for 15 years. we were greeted by a charter amendment approved in the mid- 1990's by the voters. one of our duties is to identify the and that needs of youth in the city and to advise the board and the mayor on these issues as well as other city departments and agencies. the best way to advise these bodies in our city government is to hear from the young people. i feel that this meeting today and this hearing is the best way that we can do that and to have young people here and to hear from you. i want to thank you for coming out here today. my collea