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Dec 9, 2012
12/12
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>> the bottom line, chris, is that would be negotiating against ourselves. president obama agreed -- >> isn't that what they just did? >> no. the bottom line is democrats, led by our president almost uniformly say here's our first 1.2 trillion of getting to the 4 trillion. revenues. it's up to the republican leadership prodded correctly and boldly by senator corker and others to say they'll go along with this and then we'll negotiating on the other side. it makes no sense to negotiate against ourselves? do you buy that, senator corker? >> look, chris. we have to have a $4.4 trillion solution. i know senator schumer, i've talked with him numbers of times. he knows what we need to do and most republicans and democrats do. i think it's time for the president, he knows that there's a growing body of folks willing to look at the rate on the top 2% but that's only -- could be $400 billion, it made be 800 billion-dollar and many of us are beginning to see we could end up with a lesser revenue increase by agreeing to that. the shift in focus and entitlements is where
>> the bottom line, chris, is that would be negotiating against ourselves. president obama agreed -- >> isn't that what they just did? >> no. the bottom line is democrats, led by our president almost uniformly say here's our first 1.2 trillion of getting to the 4 trillion. revenues. it's up to the republican leadership prodded correctly and boldly by senator corker and others to say they'll go along with this and then we'll negotiating on the other side. it makes no sense to...
SFGTV2: San Francisco Government Television
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Dec 12, 2012
12/12
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SFGTV2
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but the bottom line is the requirement is within three working days that it be submitted in writing. >> so basically what happened is she put in a resignation on november 7th. she put in another resignation november 14th, but did not rescind the original one on november 7th, is that correct? >> she submitted a second resignation requesting to change the date. >> okay. thank you. >> from the 17th to the 30th. whether you can do that or can't do that, i will have to ask my lawyer, but the bottom line we were acting on a resignation and we acted to post and hire her replacement as we needed to do in order to cover that classroom in good faith well before she even talked about coming back. >> okay, let's see, no other questions. so why don't we have roll call -- to accept the recommendation yes. >> miss ly? >> yes. >> miss fewer. yes. >> miss maufas? >> no. >> miss mendoza? >> yes. >> dr. murase? >> aye. >> miss norton? >> yes. >> miss wynns? >> yes. >> president yee? >> aye. >> the next item is k5 and commissioner wynns. >> i want to have it explained more, the private product that we w
but the bottom line is the requirement is within three working days that it be submitted in writing. >> so basically what happened is she put in a resignation on november 7th. she put in another resignation november 14th, but did not rescind the original one on november 7th, is that correct? >> she submitted a second resignation requesting to change the date. >> okay. thank you. >> from the 17th to the 30th. whether you can do that or can't do that, i will have to ask my...
SFGTV: San Francisco Government Television
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Dec 21, 2012
12/12
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SFGTV
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don't know the specific date that she was told, that the rescission would not be accepted, but the bottom line is that we considered accepting is it, but didn't. she had -- i will read to you a final -- if i read what the agreement says, i am not sure i can. anyway. it's under "resignation." a teacher's written offer the resignation shall be deemed accepted when filed with the board, superintendent or human resources department, except that if the teacher files a written revocation of his or her offer of resignation within three district working days, after its filing, shall be deemed -- it shall be deemed revoked. the board of education shall fix the effective date of the resignation no later than june 30th of the school year in which the residence nation was offered. district shall make good-faith effort to notify the uniton within 24 hours of the teacher's written offer of resignation, unless the teacher affirmatively requests confidentiality. and mr. kelly is correct that we did not appropriately notice the union. we have as a matter of practice, we have a lot of resignations throughout th
don't know the specific date that she was told, that the rescission would not be accepted, but the bottom line is that we considered accepting is it, but didn't. she had -- i will read to you a final -- if i read what the agreement says, i am not sure i can. anyway. it's under "resignation." a teacher's written offer the resignation shall be deemed accepted when filed with the board, superintendent or human resources department, except that if the teacher files a written revocation of...
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Dec 3, 2012
12/12
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CNBC
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here's the bottom line. a new school which says the cliff jump won't be that bad has now entered the fray. i'm still hoping we don't go over the cliff. but i can't be sang win if we do. i think it means that the stock market will get hammered even as it might bounce back if the austerity is lifted by a dreaded, hated compromise that both sides seem to despise. i have a list of ten stocks that would be the bass-backers. you got to stay tuned for those. but it would be a bounce-back. let's go to isaac in pennsylvania. isaac? >> caller: jim, how are you today? >> i'm okay. how about snu. >> caller: just fine. i have a question about dean foods. >> sure. >> caller: apparently they found finally found a buyer for morningstar. which is going to add close to $1.5 billion. which they're going to use to pay down debt. obviously a very good thing. but they're losing morningstar and they do plan i believe to spin off the rest of rightway. so that a number of months. which kind of makes it a commodity stock. you know, wi
here's the bottom line. a new school which says the cliff jump won't be that bad has now entered the fray. i'm still hoping we don't go over the cliff. but i can't be sang win if we do. i think it means that the stock market will get hammered even as it might bounce back if the austerity is lifted by a dreaded, hated compromise that both sides seem to despise. i have a list of ten stocks that would be the bass-backers. you got to stay tuned for those. but it would be a bounce-back. let's go to...
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Dec 23, 2012
12/12
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FBC
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we have to protect the bottom line and make sure we preserve the job cuts we can. >> whether they're for or nonprofit a lot of people can't afford to keep up with what it force them to do. >> and one consultant survey said 50 percent will pass it along to the employees. we can likely see higher cost in health care . that is not what it promised. you mentioned that the nuns will get an exception or exception. what is the difference between the nuns who serve a lot of noncatholic people and a lot of noncatholics who work for them . what is the difference between them and a business owner who is strongly catholic and serves noncatholics and didn't offer conacceptions . >> there is a huge difference. one is religious organization and thether selling model airplanes in the retail stores. >> nuns are hiring workers and not just a religious. butine dan holdings which isthey are saying they are going to lay off you have the man date tax and companies pulling back on insurance because of obama care. that hits a doubley for the middle class and they have to buy their own insurance and pay if t
we have to protect the bottom line and make sure we preserve the job cuts we can. >> whether they're for or nonprofit a lot of people can't afford to keep up with what it force them to do. >> and one consultant survey said 50 percent will pass it along to the employees. we can likely see higher cost in health care . that is not what it promised. you mentioned that the nuns will get an exception or exception. what is the difference between the nuns who serve a lot of noncatholic...
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Dec 4, 2012
12/12
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CNBC
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the bottom line is if you are hoping for counterbid for metropcs, reuters says that's unlikely. david, i'm sure you have views on this. >> in fairness -- >> cnbc said it many times after the deal. >> just reporting why the stock is down today. >> it's interesting. its stock did move up.
the bottom line is if you are hoping for counterbid for metropcs, reuters says that's unlikely. david, i'm sure you have views on this. >> in fairness -- >> cnbc said it many times after the deal. >> just reporting why the stock is down today. >> it's interesting. its stock did move up.
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Dec 19, 2012
12/12
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CNBC
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here is the bottom line. the charts and fundamentals are in agreement.'m not a technician but i think it could go back here. take down some shares in the best that investment banking has to offer. >> coming up. please fill out these forms and then the doctor will see you. but as medical records move towards the 21st century, cramer looks at this trend ahead. >>> when the facts change you need to re-evaluate your opinion. that is why tonight i want to do a speculative review with the stock that i recommended a year ago that's given us tremendous gains. back in december of last year i told you to buy ssc health solutions. we like pharmacy benefit managers because using their bargaining power they save money on prescription drugs. you have two big players. one of the reasons i got behind sxc was it would consolidate, grow the business and give it more scale. the company had a health care information technology business. they would use their software platform by selling it to other pbms and acquiring the ones that seem to be doing the best. the company no lo
here is the bottom line. the charts and fundamentals are in agreement.'m not a technician but i think it could go back here. take down some shares in the best that investment banking has to offer. >> coming up. please fill out these forms and then the doctor will see you. but as medical records move towards the 21st century, cramer looks at this trend ahead. >>> when the facts change you need to re-evaluate your opinion. that is why tonight i want to do a speculative review with...
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Dec 18, 2012
12/12
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CNBC
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when it comes to buying back stock, here is the bottom line. not a technician but i think it could go back here. take down the shares that the best of investment banking has to offer. please fill out these forms and then the doctor will see you. but as medical records move towards the 21st century, cramer looks at this trend ahead. ♪ [ male announcer ] you build a reputation by not breaking down. consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. get 0% apr financing for 60 months plus $1,000 bonus cash. plus trade up for an additional $1,000. from outstanding value to standing the test of time, chevy runs deep. >>> when the facts change you need to re-evaluate your opinion. that is why tonight i want to do a review with the stock that i recommended a year ago. back in december of last year i told you to buy ssc health solutions. using their barga
when it comes to buying back stock, here is the bottom line. not a technician but i think it could go back here. take down the shares that the best of investment banking has to offer. please fill out these forms and then the doctor will see you. but as medical records move towards the 21st century, cramer looks at this trend ahead. ♪ [ male announcer ] you build a reputation by not breaking down. consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on...
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Dec 19, 2012
12/12
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WBAL
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here is the bottom line. the charts and fundamentals are in agreement. a technician but i think it could go back here. take down some shares in the best that investment banking has to offer. >> coming up. please fill out these forms and then the doctor will see you. but as medical records move towards the 21st century, cramer looks at this trend ahead. look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. ♪ ♪ [ male announcer ]
here is the bottom line. the charts and fundamentals are in agreement. a technician but i think it could go back here. take down some shares in the best that investment banking has to offer. >> coming up. please fill out these forms and then the doctor will see you. but as medical records move towards the 21st century, cramer looks at this trend ahead. look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than...
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Dec 5, 2012
12/12
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CNNW
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since 1900, maybe the civil war. bottom linew study in the journal nature, peer reviewed, no change in u.s. drought in the last 60 years. bottom line, a new study out shows that drought has not changed in 85 to -- >> let me -- wait a minute. wait a minute. let me add one more bottom line before i defer to bill nye. he knows more about this than i do. another bottom line, the world is indisputably getting warmer. the u.n. weather agency said last week 2012 is on track to become one of the top ten hottest years on record. and all the weird climactic changes we're seeing. bill, over to you. >> this will be the hottest two decades in history, in recorded history. so when you throw around a statement like the u.n. says it's not the hottest 20 years, i got to disagree with you. there may be some surface data shows that in certain cities. >> here's my point to you, mark. it's a straightforward one, really. if you are wrong, then the implications for the planet are utterly catastrophic. in other words, if you and the climate change -- w
since 1900, maybe the civil war. bottom linew study in the journal nature, peer reviewed, no change in u.s. drought in the last 60 years. bottom line, a new study out shows that drought has not changed in 85 to -- >> let me -- wait a minute. wait a minute. let me add one more bottom line before i defer to bill nye. he knows more about this than i do. another bottom line, the world is indisputably getting warmer. the u.n. weather agency said last week 2012 is on track to become one of the...
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Dec 15, 2012
12/12
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CNBC
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here's the bottom line. it's time to get used to the idea that we're going over the fiscal cliff. ready yourself to take a big hit in a couple weeks. but don't forget that individual companies still matter. if you really like one of these companies, i'm going to suggest buy half and then wait to see if we go over the cliff and buy the rest. let's go to terry in maryland. terry. >> caller: hey, jim, i'd like to wish a great big chess 35ek bay boo-yah from baltimore. >> boo-yah from the shores of chesapeake bay. what's up? >> caller: i'm a long-term investor and really like the stock sherwin williams and i was just wondering what your thoughts are about how this latest acquisition by ppg is going to affect the stock. >> that was a great acquisition by ppg. the acquisition of paints. but sherwin williams makes good acquisitions of its own and i think sherwin williams is an absolutely terrific stock and i would not want to sell it particularly because i think the housing story is so strong that even if it gets kn
here's the bottom line. it's time to get used to the idea that we're going over the fiscal cliff. ready yourself to take a big hit in a couple weeks. but don't forget that individual companies still matter. if you really like one of these companies, i'm going to suggest buy half and then wait to see if we go over the cliff and buy the rest. let's go to terry in maryland. terry. >> caller: hey, jim, i'd like to wish a great big chess 35ek bay boo-yah from baltimore. >> boo-yah from...
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Dec 18, 2012
12/12
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WBAL
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here's the bottom line. there's a difference frightened about anything versus the skeptical observer who can take advantage of opportunities. we are gone from being complacent to being overly worried and now it's time to be optimistic worried that the heightened worry of others will help us. let's go to ct in new york. ct. >> caller: hey, big boo-yah to you, jim. i'm talking to you today. a couple weeks ago i was in pain. i was in the house of pain. today it's tough, and i'm talking now ♪ hallelujah so now tell me, am i staying with it or losing my mind? >> this is controversial because i'm just going to tell you the news. and the news is is that apparently sales are very good for it, okay? if sales are very good for it, the stock can go higher. i actually tried to dodge a very bad move and got people out. you can say well, listen, jim, why are you telling people to buy it now? i'm not. i'm just telling people that the news is positive. there's too many other stocks out there that i'm trying to help you with.
here's the bottom line. there's a difference frightened about anything versus the skeptical observer who can take advantage of opportunities. we are gone from being complacent to being overly worried and now it's time to be optimistic worried that the heightened worry of others will help us. let's go to ct in new york. ct. >> caller: hey, big boo-yah to you, jim. i'm talking to you today. a couple weeks ago i was in pain. i was in the house of pain. today it's tough, and i'm talking now...
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Dec 26, 2012
12/12
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the bottom line -- we look for signals about the future of these calls. particularly about upcoming catalysts that will move the stocks later on. making them solid buys on any short-term decline because it wasn't better than expected. try to measure confidence about cash flow that could ultimately trigger rising dividends. the best source of wealth that stocks can give us. remember, dividends pave the way for thing to get better. there is no better way to find out about the prospects for increased dividends than to listen in on the earnings calls. stick with cramer. >>> from our family to yours. happy holidays, cramerica. peace and prosecutes parity from all of us here at "mad money." >>> signature on the sidelines because of the uncertainty in the markets? >> thanks for turning my portfolio from mean to green. >> that's what i want to hear. >> with over 25 years experience in bull and bear markets, let coach cramer show you how to play to win. >> thanks for keeping us in the game. >> "mad money," weeknights on cnbc. >>> earnings season doesn't have to be
the bottom line -- we look for signals about the future of these calls. particularly about upcoming catalysts that will move the stocks later on. making them solid buys on any short-term decline because it wasn't better than expected. try to measure confidence about cash flow that could ultimately trigger rising dividends. the best source of wealth that stocks can give us. remember, dividends pave the way for thing to get better. there is no better way to find out about the prospects for...
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Dec 26, 2012
12/12
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WBAL
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the bottom line, the key component after figuring out the earnings per share trajectory and its growtho the cohort is to figure out the future gross margins. something that is uniquely calculated only by listening to the conference calls. can't get that in the headlines or any of the press reports. if you don't know the direction of the gross margins, believe me, you won't know the direction your stocks are about to take in your portfolio. it is an integral part of the homework. and if you don't calculate it yourself, you've got to get it from somebody. be sure to read from the analysts who do. let's go to brad in ohio, please. brad. >> caller: boo-yah from gerrard, ohio, jim. >> got to get there. i haven't been there yet. i'll get there. i promise myself. >> caller: thanks for taking my call. >> sure. >> caller: the question is as an investor interested in specialty retail i understand the fourth quarter is the quarter with the most significant earnings. >> right. >> caller: but how should one evaluate these companies' first quarter earnings? >> you know what? go back to the rules at
the bottom line, the key component after figuring out the earnings per share trajectory and its growtho the cohort is to figure out the future gross margins. something that is uniquely calculated only by listening to the conference calls. can't get that in the headlines or any of the press reports. if you don't know the direction of the gross margins, believe me, you won't know the direction your stocks are about to take in your portfolio. it is an integral part of the homework. and if you...
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Dec 23, 2012
12/12
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. >> neil: ben stein, the bottom line, nothing gets done and back and forth continues. >> it's a disgrace, first of all, aim not sure there are 330 million americans and your data may be-- >> 328.4, i digress. >> the real issue to me, the simple thing, they're our representatives, they're the government. they're supposed to be governing, not supposed to be pouting and throwing fits. they're supposed to be governing and this is a big giant issue, they've got to get to work. this, this comic game playing and pout ang showing off, it's a disgrace and they've got to come back and i think the president should call them back into session and get to work. >> i totally disagree. >> i knew you would. i knew you would. >> i mean, but on the merits, i don't -- when you talk about our representatives, nancy pelosi is my representative, but i don't begrudge her this. well, i happe to be a constituent of hers, that's just a fact and, but here is observation, she is making a perfectly valid political point and she's making a serious point, right? this is why she's against any kind of entitlement reform.
. >> neil: ben stein, the bottom line, nothing gets done and back and forth continues. >> it's a disgrace, first of all, aim not sure there are 330 million americans and your data may be-- >> 328.4, i digress. >> the real issue to me, the simple thing, they're our representatives, they're the government. they're supposed to be governing, not supposed to be pouting and throwing fits. they're supposed to be governing and this is a big giant issue, they've got to get to...
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Dec 10, 2012
12/12
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what is the bottom line here? the fiscal house of the united states government, the financial house is not in order. it is in disarray in a way that no one would permit in their business. bank of america, right, john? they would never permit this kind of in coherence in what the policy is. what they are going to take in. >> a question about this topic. based on your reporting, how far do you think the president is willing to go on entitlements? >> when i talked to the president in the summer on this, he acknowledged, quite openly, if it was bad politics for he and democrats to say we are going to cut medicare beneficiaries. he then went on, i think, in the end, you cannot be president and cannot be a realist. he said it is untenable to not help them because they are driving the budget deficit. the whole entitlement issue has been real -- of this problem. the taxing issue, yes. the pyrotechnics. there is the struggle between the republican and democratic view. but all of the numbers people know that it is the entitl
what is the bottom line here? the fiscal house of the united states government, the financial house is not in order. it is in disarray in a way that no one would permit in their business. bank of america, right, john? they would never permit this kind of in coherence in what the policy is. what they are going to take in. >> a question about this topic. based on your reporting, how far do you think the president is willing to go on entitlements? >> when i talked to the president in...
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Dec 4, 2012
12/12
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here is the bottom line. we need hope to be van switkwis. he so that it is so negative. have them leave the room. and we can return to the growth themes and they are autos and homes. by them on the way down and never on the way down as the scared sellers buy them out. you can take your time. who the heck knows when and from what level you can get back in. why don't we go to tom in new york. >> big lots and slower same store sales and make it a buy. it had it's gob and i don't want you to come in now. i think that big lots is not a great operator. the market needs to free itself from the notion that there will be a deal. that is what needs to happen. take your time. this hope is still not dashed enough to make this market immune from more disappointment. "mad money" will be right back. shop until you drop? the holiday shopping season is in full swing. the only thing more competitive is the cut throat clash from retailer against retailer. holiday edition of off the charts and later, some thing is brewing. starbucks is serving up returns alongside it's coffee for years. or i
here is the bottom line. we need hope to be van switkwis. he so that it is so negative. have them leave the room. and we can return to the growth themes and they are autos and homes. by them on the way down and never on the way down as the scared sellers buy them out. you can take your time. who the heck knows when and from what level you can get back in. why don't we go to tom in new york. >> big lots and slower same store sales and make it a buy. it had it's gob and i don't want you to...
SFGTV: San Francisco Government Television
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Dec 17, 2012
12/12
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SFGTV
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that's the bottom line. and you paid $400,000 to have people come and look at this and say "well, here are some real alternatives". the alternatives are not only long-term alternatives to develop a program that bills 51% renewables within five years, communicate shares program and interest people in investing in this build out program. that even provides scenarios that hetch hetchy power could be used right from the beginning to mitigate the price increases, and moving ahead like this never happened. we're having discussions in the stakeholders meetings and other places and how to incorporate this new information. why in the world would you not do that? >> thank you very much. any other member of the public who would like to comment on these items please come forward? and seeing no one come forward we will close public comment. i want to thank puc and ms. hale for your presentation. thank you very much and i really appreciate the work that has been put together in developing the framework for outreach. i actu
that's the bottom line. and you paid $400,000 to have people come and look at this and say "well, here are some real alternatives". the alternatives are not only long-term alternatives to develop a program that bills 51% renewables within five years, communicate shares program and interest people in investing in this build out program. that even provides scenarios that hetch hetchy power could be used right from the beginning to mitigate the price increases, and moving ahead like this...
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Dec 14, 2012
12/12
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CURRENT
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that's the bottom line here. at the end of the day all we're talking about is that going back to the clinton tax rates and if we want to actually invest in infrastructure invest in education, invest in what will help this country grow out in an adoring way of our recession we actually have to spend funds that we no longer have right now. that means we have to raise some revenue. >> eliot: that revenue has to come from those who have it. those whose rates have been declining for the past 30 years and whose wealth has been increasing dramatically. >> in the last four years when the middle class and poor folk have taken it on the chin, the richest in our country have done extraordinarily well. so this is -- you know, our country is about both things. individual opportunity and collective responsibility. and this is about making sure we do both to enable individual opportunity, we have to have collective responsibility. >> eliot: there is a tension there, a duality in our history yes. we believe in the individual who
that's the bottom line here. at the end of the day all we're talking about is that going back to the clinton tax rates and if we want to actually invest in infrastructure invest in education, invest in what will help this country grow out in an adoring way of our recession we actually have to spend funds that we no longer have right now. that means we have to raise some revenue. >> eliot: that revenue has to come from those who have it. those whose rates have been declining for the past...
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Dec 12, 2012
12/12
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CNNW
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the bottom line the shooter is dead.ill not say whether the shooter took his own life or was killed by officers or somebody else. there had been an unconfirmed report that the shooter had taken his own life. that was in the "oregonian." we cannot confirm that nor would the sheriff at this point. one person was taken away in an ambulance with a traumatic injury and two victims are dead. so three people dead total, one of whom is the shooter, two victims dead and one person with a traumatic injury. as many as a hundred officer still on the scene and they're still searching the mall. we're back with lou palumbo and on the phone kyra rowland. where were you when the shooting occurred? >> i was in macy's. and i was right by the perfume department. you don't know the setup of macy's, but the perfume department is about 20 to 25 feet away from the opening of macy's inside the mall. >> so when did you realize something wrong was going on? >> when there was -- after two shots were fired and after everybody started to hit the grou
the bottom line the shooter is dead.ill not say whether the shooter took his own life or was killed by officers or somebody else. there had been an unconfirmed report that the shooter had taken his own life. that was in the "oregonian." we cannot confirm that nor would the sheriff at this point. one person was taken away in an ambulance with a traumatic injury and two victims are dead. so three people dead total, one of whom is the shooter, two victims dead and one person with a...
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Dec 30, 2012
12/12
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FBC
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the ceo's have to sign the bottom line that they know everything that's going on with the company. by the way, i think it's unfair that you know, some guy who is in the london office and you sign off on this, and you're culpable for some really big time penalties, fees and you know, we're asking a lot of corporate america and tying their hands up with the privacy issue, believe me i'm not on facebook for that particular reason, but you know, there's a flip side to this. we can't keep pressuring coorate america and ceo's to know every single aspect of their businesif they n't have access to it. >> even if there's a law, sarah, asking for passwords, privacy policys like swiss cheese and employers will be able to find out plenty of dirt on people online without needing their passwords? >> i absolutelily come down on the side of privacy on this one. my problem is really bad management. saying to your employees, i don't believe you have good judgment, i don't believe you're capable of doing whatever it is, the tasks i hired you for or wanted to hire you for. it's psycholog in the workpc
the ceo's have to sign the bottom line that they know everything that's going on with the company. by the way, i think it's unfair that you know, some guy who is in the london office and you sign off on this, and you're culpable for some really big time penalties, fees and you know, we're asking a lot of corporate america and tying their hands up with the privacy issue, believe me i'm not on facebook for that particular reason, but you know, there's a flip side to this. we can't keep pressuring...
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Dec 5, 2012
12/12
by
CNBC
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not just wall street. >> wall street is all about the bottom line. like to see this cost cutting that's taking place to increase earns and profitability. i also simultaneously want to see some top-line growth as well. i think that the banks are if search of some more top-line growth with different product performances. i kiepds of like more of the regional banks, sun trust, where i think they're going to have a pick-up as a result of this housing -- >> where does their additional r revenue come from? >> well, this housing boom. there's a lot of depressed real estate. people buy homes and bring revenue to these regional areas. >> what happens if we go over the fiscal cliff? you said it's all about the fiscal cliff. what if we go over? >> well, i mean, i think there's clearly short-term pain. the question is how long do we stay over? i think there's a latent amount of cash on the sidelines. i met with a lot of companies that talked about this business desire to do things, but they need this catalyst. so i think we go over the cliff. yeah, it's terrible.
not just wall street. >> wall street is all about the bottom line. like to see this cost cutting that's taking place to increase earns and profitability. i also simultaneously want to see some top-line growth as well. i think that the banks are if search of some more top-line growth with different product performances. i kiepds of like more of the regional banks, sun trust, where i think they're going to have a pick-up as a result of this housing -- >> where does their additional r...
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Dec 1, 2012
12/12
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CSPAN
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they set the standards and the budget necessary for the business line chiefs to carry out so you have not just the customer focus, but a bottom- line focus, and there is the expertise that is their necessary for us to make improvements in mechanical maintenance and improving safety and all the things that are needed to support these general managers to get their jobs done. some of them are filled, some of them are posted, and they will be finished off in this organization. >> i look at the areas in which we're losing money, or you may be losing some opportunities in providing some service. another area that the inspector general highlighted and has been of interest to the committee, we did a hearing on food service. you have addressed some changes in that, in improving some of the controls. what was the recommendation, mr. alves, on consolidation of the two activities we are seeing in food service? >> part of the food service was provided. the commissary and food delivery function was overseen in the marketing department. what we found was that they were not coordinating fully. >> i am not micromanaging, but if you're losing
they set the standards and the budget necessary for the business line chiefs to carry out so you have not just the customer focus, but a bottom- line focus, and there is the expertise that is their necessary for us to make improvements in mechanical maintenance and improving safety and all the things that are needed to support these general managers to get their jobs done. some of them are filled, some of them are posted, and they will be finished off in this organization. >> i look at...