. >> congressman flake has always been steadfast in his defense of americas free-enterprise syste in the idea that what makesys america great and unique is that we have always championed economic liberty. >> reporter: campos also recorded a spanish language ad that alleges mr. carmona, who she has never met, has character

recognize that in fact their consulting and that the board understand how to prudently manage thed2( w< systnever said, in our responses, that we would not take or consider other people's ideas or approaches. and i'm sad to hear that she's representing that that was part of our response. what we've said is, xja*v the california constitution, and the charter of san francisco, the retirement board has plenary authority to make these decisions, that they can't delegate that to a task force or to a group or to anyone else, but as far as the public nature of all of these discussions surrounding both what happened, what failed, what succeeded, they're all done in a public arena, everyone is invited to participate. the decisions that they make on the actuarial assumptions are made in a public arena, and that over the decades, i think the bottom line is the retirement board has shown, through very difficult -- sometimes difficult financial markets, that they are singularly dedicated to preserving and prudently investing the trust assets, paying the benefits, and administering the mandated benefit pr

we'll thyime the next two syste out right to your doorstep. >> but i spy three things to report for you coming across the bay bridge. that and more coming up. >>> and a live look outside. san francisco this morning. appreciating that break in the storms for this thursday, november 29th. this is "today in the bay."

>> serious leadership the country that says that this is a free enterprise syst, let's let the free enterprise work. >> i would take a good hard look at the whole country. my taxes went up 39% and came down 49%. how can anybody get excited about that when you're like god. so somehow we have to get strategic leadership that says that we need to get this engine and the economy pumping again. neil: do you think, and this is mentioned by mitt romney a lot. you know that you are going to do things differently? dubai that? >> everybody talks about reducing taxes because they want more capital to grow their business. but it's also regulations. businesses are confronted at the township and city level. >> here in chicago, you need 161 censes to open up the business. >> if you open up a job shop, you have to have a license to give them a bath. it's ridiculous. why can't we consolidate some of these things and reduce the bureaucracy? it isn't about the people collecting anything but a paycheck. neil: they must realize that the more they push this, the more it it endangers the economy and their veryjobs a

madison were fighting each other jefferson held a dinner and basically said i think it's best in the syst like ours to give as well as to take. so the ones we defy were deal makers. and the art of the deal is what is going to get us out of this. whether it will a b a deal for education funding or a give bill or whatever it is, it's going to require these folks getting elected tomorrow to go to david's point not just for the presidency but 435 guys around afrtand to attack politicians reflectively is counterproductive. >> when you ta about leadership, charlie, what john has hit on is one very specific part of leadership in politics which is politics is a craft. ted kennedy and other written hatch had it, tip o'neill tunnel and ronald reagan. we need to respect that craft. >> one of the places you can look for leadership in america is at the city level is around the country. where i think we have trouble is still in the states where there's an eupbt kuwaited system. new york has 11,000 state agencies, for example. iowa had 99 counties, 35 miles apart, everyone was a separate auditor and cle

>> she will syste have to come n and testify at some point. closed or open hearing.ave an open hearing, too. but at some point she needs to come in and say what the white house directed her to say. >> chris: dianne feinstein, the democratic chair of senator chambliss' senate intelligence committee read the unclassified talking points to reporters and she says they show that susan rice was sticking to the talking points. do you bye that? >> i looked at the talking points. the committee heard testimony from the intelligence committee. important that during the first week after the attack on the mission in benghazi, the initial opinion, they kept saying it was initial of the intelligence community was that there had been a protest before the terrorist attack. nobody could deny it as saxby said, it was terrorist attack. that's what the talking points reflected. whether they used names like al-qaeda or ansar al-sharia. i must say as i look at what we now know that the intelligence community was saying that week and i look to ambassador rice's statements on television on t

it was deemed by wall street and the federal reserve to pose a systemic risk to the whole financial systwe never heard of it t had to bail out. gerri: do we need more regulation? that is the first in a lot of people would say? >> first thing regulators want to do is regulate and they want a lot of complicated regulation. i don't think that is the answer but bringing this stuff out into the sunlight making these shadow banks show what sort of risks are opposed to the system would be a really good start so at least we have a sense of what is going on. gerri: for the regular american out there there's a whole world that is completely closed to them, has nothing to do with them but at the end of the day could make big trouble for regular investors. give us an example of how this could unwind. >> as we saw with money-market funds which was for mom-and-pop investors but what you had was something people thought was safe and stable and as it turned out when one of these funds started to getnto trouble there was a risk that the whole industry, $2.5 trillion industry could suddenly have a huge ru

. >> congressman flake has always been steadfast in his defense of americas free-enterprise syste in idea that what makesys america great and unique is that we have always championed economic liberty. >> reporter: campos also recorded a spanish language ad that alleges mr. carmona, who she has never met, has character problems.bl >> my information on his personality quirks has beewhat i have been told, what i have read in the newspapers and from a colleague of his who also did an ad recently. >> reporter: that tough television ad was made by carmona's former boss cristina beato on flake's belf. it started runnis the same day early voting began. >> carmona is not who he seems. >> reporter: the carmona campaign dismissed tham allegations as unfounded and countered with an ad featuring a retired female police captain carmona's swat team commander when he served as sheriffs deputy in pima county. >> congressman flake should be ashamed. >> reporter: because the race is so close, a single constituency or a single issue could make all the difference in the clection. carmona also returned th

but also with electric syst-- >>> the moon blocked out the sun in a stunning total solar eclipse onlym the northeastern coast of australia. and, of course, here on cnn. it only lasted about 20 seconds in some places. total eclipses are pretty darn rare to see in any region. they happen once every 370 years. ent. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. ♪ >> i'm ramon baca. i start eed dancing at a smalle studio and that led to transitioning to larger studios. as a typical american, i took a lot of things for granted. i wanted to see if i could do something totally different than being an artist. i had someing to prove to myself. so i joined the united states marine corps. 2005, we were deployed to falluja, iraq. six months after, my girlfriend sat me down and said, you're not okay. you're not the same person that i knew before the war.

thelectric syste, the fare collecsytion em the riding systems, the stairways, the ventilation systems, escalators, they're all pretty much ruined from the water damage from the surge damage. just follow my same footsteps. believe it or not, these timbers washed in from the ocean or the bay. >> this did right here? this timber right here. >> absolutely. >> this washed in from -- >> washed in from the tidal surge. >> incble tohin a subway station. >> one of our newest subway stations. >> were you able to -- obviously you were able to pump out a lot of the water from where we are right now because it is dry. >> it is dry to this level. but we'll take a quick look over there at the stairway where it goes down to the terminal station and you'll see the water level, where it stands today. >> this says it all too, you look at what is left of this over here. >> this is the finished surface wall with tile surface. you see it washed out from the wall coming down the stairway. so that's the level of water. that's -- this is completely flooded all the way down to the platform level and the tracks