so to spend less, dan bought the apple november strike call for $25. y, dan needs apple to rise above that call strike price by more than the cost of the trade, or in this case, above $525 by november expiration. but $25 -- >> the whole situation was, in my mind, a complete travesty. >> you said it, carl. show us how to do this for less. >> i sold two of the november $550 calls at $9. >> genius. so dan sold two of the november $550 calls for a total of $18. but he did something else, he made making money even easier and here's how. between $25 he spent buying one call and the $18 he collected selling the other two higher strike calls, dan reduced the cost of his trade to just $7. >> we feel pretty good. >> and now instead of needing apple to rise above $525, dan can now see profits uh if it rises above the $500 strike call by more than the $7 he spent on the trade, or above $507 by november expiration. but, there's a tradeoff. by selling more calls than he bought, dan will get short apple stock at that high call strike price, or in this case, above $550

the trade. or above 510 by november expiration. >> yeah! he time of the trade, apple shares have rallied, 6%. now dan in & these guys are ade and a battle for apple's g cash horde. but with earnings just around the corner, options action's biggest fans just want to know one thing. what will dan do now? before we get to that answer, let's see just how much money was made here. had you bought apple stock at the time of the trade, you would have made about 6%. that's not bad. dan's call fly can be sold for just over $16, a return of over 60%. now, two quick questions, dan. what are you doing with the trade? will earnings actually give cook cover from icahn? >> it could. here's the thing. if you put this trade on, i think you have this trade right where you want it, you have this event coming on the 28th here. i think you want to stick with it. i think i chose the strikes 500, i thought that was an interesting resistance level on the upside. that should be support right now, 550 in the middle is basically the hirer the year, second day of the ye

you sell one of the next friday november 1st expiration 180 calls a the $2, buy one of the november 8th 180 calls for the following week at $9. that costs you $7. what i'd like to see is the stock trickle up a bit towards that strike and have those next week options expire worthless, then what i have is a cheaper option than i would have bought two weeks before earnings, then i can spread and it really reduce my break-even. >> the best way to play options and a name like tesla is definitely the trade calendars. i probably wouldn't do this one, i'm not bullish on the stock. i think i mapped out my fundamental view on it. financing them by selling shorter data ones. >> we do like calendars on the show. one thing, this is not exactly a calendar. because earnings comes between the expirations. so the math we talk about, you often get it working with you on a traditional calendar. not quite working the way it might here. but dan explains why he wants to own that call for the event. he's not -- the one he's selling he's not going to own through the event. so it's not exactly a calendar but he

i bought one of the november 1st 515 calls for $11. that cost me 750. that's my max gain. at i want to happen, next week on expiration i want the stock to be 515 or a little lower, and then i own that november 515 call for the earnings. i agree with carter. the slightest bit of good news i think you get the stock back unchanged on the year or possibly 555, the high of the year. so i see maybe 10% of upside, if the company does not disappoint next two weeks from now. >> mike, you like the strike? >> first of all i love calendars. this one is a little close on both expirations, you know, typically speaking i like that long option to be a little further out. but look, from a fundamental standpoint, carl icahn is involved, the effects of some financial engineerings, talking about with so much cash on the balance sheet is pretty astonishing. so it's very hard to be bearish about apple with this going on. >> we have a lot of big companies set to report earnings next week. options traders are keying in on web high flier netflix, for more let's go to kayla tausche at headquarters.

i'm looking at the november, march, 120 puts. y those for 6 bucks and then sell the near-dated ones against it for 2.60, a net debit of 3.40. actually the near-dated options are extremely highly priced in gld right now because of what we've been seeing. >> scott. >> gold in general got ahead of itself more than almost anything else because of qe. now, this week's web extra, somebody asked how to be bullish in gold. i don't like that because for all the reasons mike lays out but also lower highs and lower lies. this week's web extra is how do to it. >> you don't endorse it at all. >> what are you going to do? >> there are times when people want to do things and you can't talk them out of it. what you have to do is say if you're gonna do it, at least do it safely. put on a helmet before you jump off the cliff. >> you're also short. >> i actually shorted it yesterday afternoon. to me if this thing in washington does get cleared up, we go back to this complacent market environment, i think gold gets crushed. when it broke 1300 back in

i sold one of the october 25th 515 strike calls at 350, and i bought one of the november 1st 515 calls for $11. that costs me $750. i want the stock to be $51578 or lower. i agree with carter. slightest bit of good news. i think you get the stock changed on the year or possibly 555, that high of the year. i see about maybe 10% of up side if the company does not disappoint two weeks from now. >> michael? >> first of all, i love calendars. this one is a little bit close on both expirations. typically speaking, i like that long option to beation further out. look, from a fundamental standpoint, carl icon is involved. the affect of some financial engineerings, we're talking about so much cash on the balance sheet, it's pretty astonishing. it's very hard to be bearish about apple with this going on. >> we do a lot of big companies set to report earnings, but options traders are keying in on high flyer netflix. let's go to kayla at headquarters. >> hey, melissa. netflix is set to report earnings after monday's close. what do traders expect to see? a bombshell. opings prices implaying 11% mov

i bought one of the novembers for 87.5 puts for 1.10. o get by the earnings week, and then i think the stock has the opportunity to go back to the $85 level that it almost got to in the last couple weeks. >> mike, you follow johnson and johnson. what about the fundamental side of the story? >> fundamentally johnsen and johns sn tried and true bond proxy. this is a stock that doesn't have substantial top line growth. it trades actually at a premium to the market. it's two or three turns richer than s & p here. and like a lot of stocks that have basically substituted as an income source for people that can't get anything in the fixed income markets. this is one of the ones that will become vulnerable to rising rates. so this is a kind of stock i would not be interested in owning here. you can see that it actually has had quite a rally. it came off somewhat. it's still elevated. i'm not real interested in owning it. >> scott? >> i think this is interesting, because johnson and johnson really low implied volatility. you don't want to clown ar

the notice was given on november 4th of 2004. it's only a couple of days before when the ordinance going into effect. so does it specifically outline that that is the point at which we decide whether the eviction pertains to condominium conversion or not? >> john from the city attorneys office. i guess while technically there might be some ability to interpret this language this notice to the board when the tenant is given notice to vacate. it is true in this particular case, these notices were served probably within days of the november 16th, 2004, cutoff. i believe there is a circulation where one of the tenants was elderly and continued to reside for a year beyond that time. but this refers to the issuance of the notice. i will say i think as i recall because i worked on this back in 2004, before it was adopted. i think the november 16th date was a day where the piece of legislation was being heard at the board of supervisors and the amendment was made and to give everyone notice they created that date whiches the hearing date

i do that by selling the november put. i get nice premium out of the november put. the momentum is still here. i think the stock will stay above the 160 level through this next earnings here. after that i want to get bearish and basically a way to risk less and make more if we finally get a sell off on the stock. >> take a look at that chart. it's a hockey stick. i don't see how somebody could think about trying to get long at these levels despite its modest pullback at these valuations. you want to spend money on tesla, you're better off buying the car than the stock. i mean, i just can't imagine chasing it here. these types of trades, where you are collecting premium, you can't short this thing either. that's -- that graph illustrates those risks. >> no matter what you do, you have to define risk. options are the only way to do it. we talk about when making a counter trend trade, you want to risk relatively little to make a whole bunch. and that does this -- brian's trade does that. as well as a netflix trade in this week's web extra, very similar. netflix has als

version be fully operational in november? >> by the end of november, yes, sir. >> there are estimates that 3-4 eligible individuals for the website need some -- eligible for tax credits will need some assistance to navigate that. in large measure because of the statute, people in maryland get 15 times as much money per individual uninsured eligible for the exchange for the tax credits as do people in texas. people in california get about four times as much. it makes it all the more important that the navigator system work as well as the web system works. i've had some concerns about the way that navigator system works and have been asking whether it is possible to get proper reports about whether the navigators are doing their job and whether they are accessing people, whether by paper, phone or web. i've been told that there are no progress reports that will be available on those navigators and what they're doing until after the beginning of the year. surely, there are some reports that you can make available that will tell us whether

of course the calendar year changing. i think that late november deadline was set so that people could get signed up by the beginning of the year. the question is whether, you know, people begin signing up once all these problems are fixed. and there's another crush of people logging on to the website and having problems because of the amounts of traffic on the site >> yeah. wanda, health and human services

i bought the october/november put calendar. one of the october 87.50 puts and bought one of the novembers for 87.50 puts for 1.10. it cost me 70 cents. that's my maximum risk. i really think the stock has the opportunity to go back to the $85 level that it almost got to within the last couple weeks. >> you follow johnson & johnson. >> fundamentally johnson & johnson, it is tried and true bond problems y. it does not have substantial top of the line growth. it trades at two or three turns richer than the s&p here. like a lot of stocks that have basically substituted as an income source, this is one of the ones that will become vulnerable to rising rates. this is a stock i would not be interesting in owning here. it has had quite a rally. it is still a little bit elevated. i'm not interested in owning it here. >> scott? >> i think this is interesting because johnson & johnson really volatility. dan is getting the math. doesn't work out quite as well with low implied volatility names. but it woks like it does on all cal tars. >> da

all the agenda items will be on the november 5th agenda. thank you, madam clerk please call item one >> it's the acquisition for pipeline 3 and 4 in san mateo county. >> and mr. up dick. >> today, i eject to approve two proximity and two temporary easements from the california water company at a price you have $3,640. it's a big exclusive decision for the day. they're for the pipeline 3 and 4 cross over project you've seen pieces of that in the past. it improves the conditions around our at the right of ways. in particular the project strengthens reliability through the energy generators and the concrete pads. communicate control devices. the easements provide for many water there anyone else and into the agreeing then creek. there's over 8 though square feet of are temporary easements for a term of 3 months and just over 8 hundred easement rights. there's a delivery to pg&e they own easement rights as well. i want to remind you where this proposed is arlington and there being a acquired for a few dollars per square footage. so i want to con

fixes are expected to be completed by the end of november. tbgs senator ted cruz said it was a success. he has people talking about the health care law. he made the comments at the reagan dinner in des moines, iowa. he will attend a gop lunch later today. >>> president obama is returning to campaign mode after visiting a brooklyn high school in new york. well, joining me now defense reporter wanda summers and for the "washington post", aaron black. good morning, guys. good to see. >> you good morning. >> good morning. >> the problems with the obama care website should be fixed by late november. will it be able to recover after this big stumble out of the gate? >> even the late november deadline leaves very little time for people who want to sign up for the program. a lot of people want to sign up to have insurance by january 1st. that's when a lot of these benefits kick in. pre-existing conditions exception, other things like that. of course the calendar year changing. i think that late november deadline was set so that people could get signed

the numbers will be released in mid-november. class i will take that as you do not want to answer the question. ever argued to secretary sibelius or anyone at the white house or anyone else that the exchanges would not be ready october 1 and a delay would be wanted? >> i did not ever argued that we should delay the exchanges. september isted in that there were certain functions we would delay. those had to do with the automation of -- with the --nish language website >> before my time expires, i want to yield quickly. i find it puzzled -- puzzling we have to explain to administration officials have a lot worse. the law is if you are under the age of 26 and url jubal to stay under your pants plans, you cannot receive subsidies. website nothing on your that tells an under 26-year-old those facts. you are encourage people to sign up for insurance in a subsidy they may not be our chore and i do not even notice. class congressman ryan, i am happy to go back and check on that and get you information. class my time has expired. class one

she's on the cover of the november issue but so is reese witherspoon in a sexy black cutout dress. ne is producing multiple covers for the november issue on newsstand november 22nd. >>> this is 50 old school style. >> what did she say? >> and that's golden girl betty white along with love boat captain in a hilarious inflight safety video. >> make sure your own mask is on before helping with others. >> the video appearing on air new zealand flights will have passengers rolling in the aisle. >> no matter where you are smoking on the aircraft is pointed at all times. >> as is any other hanky-panky. >> deborah: now meet a couple who say their lives have been made a living hell by a barrage of harassment and who's responsible? they're accusing the church of scientology. they say the church has been sending people to snoop on them and now they're going to court to try to make it stop. they talked with jim moret. >> come on marty. got anything to say? >> i'm going to have ask you to leave. >> it's a bizarre confrontation at the front door. >> we've been here for weeks. >> marty and his wif

the month. really november 15 is an important date. although paying social security checks and government workers is high importance. if we were to see the market perceives something that france and perceived it is going down about road and were not , because right now if you look at the markets we have had some down days but has not been such a stunning reaction. even though you had a couple days where the markets have been lower, it is really not so significant. really fractional losses when you consider the fact that we have had a fantastic year in terms of equities and in terms of where bond yields are some enabling so many people to borrow and conduct transactions. so far we are not seen a real negative reaction. what that is telling you is the markets are betting on a deal. the markets are expecting congress and the president to agree to a deal in terms of extending the debt ceiling. anything other than that would be a huge surprise. if we were to see a huge surprise, it would be a negative surprise and the markets would selloff.

the poles set to begin on november 11 are seen as a runner-up for the national elections, which will be the world's biggest democratic exercise. most polls suggest popularity of economic growth at a time when india is suffering its worst slowdown in a decade. his party is trying to unseat the ruling party, which has been weakened by a string of corruption scandals, high inflation, and stuttering growth after nine years in power. however, it is counting on its record of support for the population, which makes up 2/numeral tree of the population. -- 2/3 of the population. >> and i using elections -- they are now using elections to build a presence among voters unfamiliar with his promises. he has drawn large crowds across the country. he is india's most popular politician. in several states, he has been campaigning against the fourth- generation of the dynasty that has dominated indian politics since independence from the british in 1947. in the november polls, voters will choose members to do sit in state assemblies, but there's a larger prize at stake. history suggests the results ar

. >> several of that i have properties come back and one of the properties comes back to the port, november first, which is the pier 27, cruise ship terminal and in the valley, and most of the rest of the properties come back, either december 31st, the last day of occupantcy or the march 31, or coming back january 1 or april one, depending on what they are, for example, with the pier 23, the shed comes back to us january first, but the bulkhead does not come back to us until april first. >> and by exercising the option for us to respond by december 25th, how does that impact the existing leases? >> apparently, i said something wrong. >> no, i am just, this should be agendaized for the future meeting. >> we are getting into substance here. >> this is new business. >> i know. >> and good point. >> sorry. >> okay. as advised by counsel, but we talking about the public information. >> i move to adjourn, in memory of the bart track engineer's who was tragically killed, chris shepherd and lawrence daniels of oakland. >> second. >> all in favor? >> aye. >> we are adjourned. thank you. >> good morn

week, reid and five other california mayors filed papers to get a pension reform initiative on the november, 2014, state ballot. >>> to get more officers on south bay streets has sparked a battle. currently the san jose police force has less than a thousand officers. that's several hundred less than just a few years ago. after an arbitration fight, the department was able to take officers who were conducting background checks on applicants and put about 17 officers back on the streets. background checks were then turned over to agencies that hired mainly retired officers, but a letter from the police union put an end to that practice and angered city officials. >> that'll make it more difficult for us to do background tons new recruits. it may slow down their recruiting. that's going to undermine the department. >> police department says it has put five full-time officer on background checks and plans to supplement them, though none has been hired yet. >>> conservative groups are pushing to overcome a state law required a child to choose which bath rooms they use and whether to play i'm gir

this is the second one of november 30th? >> exactly right. two months since the rollout when they hit the second deadline. >> how do we get this information? >> jeff zintz he is the guy president obama brought in to fix this whole web site debacle. and he was the former office of management and budget director. he has been brought. in he had a conference call with reporters today. for the first time they laid out what the specific problems were and when they would be fixed. that was the big news that came out of conference call that they have got this november 30th deadline. >> how certain? because it seems rather dangerous to put a date out there. we all will be looking for that date we expect it? >> absolutely. a lot of pressure to hit that mark. people that want to enroll and have healthcare by january 1st need to have enrolled by december 15th. so the november 30th that gives a two week gap right there. it's got to be up and running by november 30th. >> did he sound quite confident? what was it like listening to him? >> yeah, as confident

if you want the rain clouds you have to wait until the end of the month, november. i'm sure things will change by then. but today looks just great. >> just have to enjoy it. >> yes. >>> cabdrivers in san francisco are applauding new rules on taxi permits. yesterday, the municipal transportation agency board approved an amendment that only lets a permit holder or a taxi company have what's called a medallion. medallion is a permit that a lous a cab -- allows a cab to on rainfall the old -- to operate. the old rules led to too many operating without a permit. drivers must pay a fee to rent cabs for shift. >>> back in august, the city added 350 bikes for the bike sharing program and dozens of bike sharing stations downtown. now, there are plans to expand the program to other neighborhoods. the meeting is scheduled for 5:30 at the lgbt community center on market. >>> a new report out with encouraging news about the bay area job market. and if you are a fan of that light display on the western span of the bay bridge, we have good news for you. >>> news that a bipartisan d

the site is operating. tavenner says enrollment numbers will be available mid november. house speaker john boehner continues to call for a delay in the affordable care act. aids to president obama say republicans are determined to kill the new law- rather than finding health care solutions for millions of uninsured americans. home prices shot up sharply in big cities during the past year. case shiller reports- home prices in twenty large markets rose 12.8% - the fast pace since 2006. las vegas home prices moved up the quickest at 29%. despite the gains other indicators point to a cooling in the housing market. a dutch bank will pay $1 billion dollars to bring its libor maniulation scandal to an end.. employees working at rabobank were accused by u.s. and british authorities of rigging the london interbank offered rate. the rates were used as the bank was lending millions of dollars for mortgages, car loans, student loans and complex financial derivatives. wal-mart plans to promote about 25-thousand store employees. the nation's largest retailer has faced criticism over wo

envoy to must attendll sides the november conference if it is to achieve its aim of agreeing on a transitional government in syria. >> the conference cannot take place without the presence of the opposition, which represents the majority of the syrian people who oppose the regime. >> by the syrian opposition is so fractured and divisions are deep. there are doubts if a delegation can be formed that is both representative and prepared to negotiate. ofthere is another day violence in iraq, with a spate of suicide bombings around the country that killed at least 45 people. the deadliest incident took place in baghdad, where a suicide bomber drove a vehicle packed with explosives into a shiitefÉ in a mainly neighborhood. at least 30 people died in that attack. more than 40 were wounded. the cafÉ was popular with young people. in egypt there have been clashes in cairo between police and islamist's edens during an anti- army protest at one of the city 's universities. toy blocked the main road the university, sunni islam's most prominent institution. the students hurled rocks. the second day of clas

so i do want to say the situation is dire. on november 1, we are going to cut off hundreds of thousands of disability recipients, students that are depending on g.i. bill's, families whose veterans or active serviceman was have died, i think the american public needs to note the dire situation. we are going to be sending hundreds of thousands of people into dire straits, maybe making them homeless, and there's no excuse. we need to solve this problem. we need to solve it in the next week. so, i do have some specific questions. mr. secretary, in addition to mr. denham, my colleague and neighbor, i would like to know from you about the impact of the shutdown on the french camp project but i would like to specifically its priority. and i will take that off-line. now, as you know, the veteran service organizations staff members are used the va regional offices to help council veterans, but the staff members are not members are not employees of the va, could the va allow them to continue to use the facility? i've spent a lot of them are shut o

the hearing is set for november 7th in san francisco. >>> oakland teenager was ordered for trial today. 16-year-old christian burton is accused of shooting and killing quinn boyer. the defense says he's only intended to steal the victim's phone and that the shooting was an accident. prosecutors are seeking a murder conviction with circumstances and the victim's wife told us nothing will bring her husband back. >> there is no happy ending no matter what happens in court. >> burton is the only one involved. the special circumstances made him eligible for the death penalty. >>> the search is under way for a san jose man who went mining for gold in the nevada county. walter went to one of his favorite spots in the river to mine for gold on wednesday, he was expected back home over the weekend and never showed up. deputy in the search and steever's vehicle was found in the parking area but so far there is been no sign of him. >>> the san jose's police department -- agdepartmen but, they emphasize they'll continue to focus on areas that need to most patrol. >>> a new effort started today to

we keep -- hurricane season is going through the end of november. so we're constantly watching this. just want to let you know. how did the guys look at you? >> i tried to joke with them but my portuguese is not that good. >>> still to come -- spanking your children could affect their vocabulary. coming up in health watch. remember, wjz 13 is always on. here are the stories on our web site at this hour. for constant updates and weather go to cbsbaltimore.com. ,,,,,,,,,,,,,,,,,,,, >>> in the health watch report. we know the phrase spare the rod and spoil the child but a study shows spanking can be damaging. research from columbia university shows children who were spanked by their fathers had decreases in verbal activity by age 9. it's unclear if spanking has a direct impact on brain development or that families that spank are less likely to read to their children and use more complex language around them. >>> the first study of flavored cigars show they are a hit with underaged smokers. the centers for disease control and prevention report one in 30

trying to meet the november first deadline set by the united nations. uzumcu says: "it's unprecedented. we are at the beginning of a difficult process. there are significant challenges" it's the second group of inspectors to arrive in syria... part of a joint mission with the u-n which will include more than 100 international experts... the group's director- general says - they're going to have to work fast to meet the deadline: uzumcu says: "they only visited one site as i said earlier, there are over 20 sites that need to be visited over the coming days and weeks." the work began last week... dismantling and destroying syria's chemical weapons arsenal and the equipment used to make it... the first inspections were sunday and monday - and the group says some equipment has already been destroyed. uzumcu says: "if some temporary ceasefires could be established in order to permit our experts to work in a permissible environment, the targets could be reached." but those ceasefires seem unlikely... even as the inspectors carried out their work, syrian rebel

the november rents might not get paid. l.a. already has one of the largest homeless populations in the country with 58,000 people sleeping on the streets each night. thousands more could join them if money for section 8 housing vouchers doesn't come through. >> we're talking about a downward spiral at a time when people need the assistance most. seniors, disabled individuals who have limited options. so people tend to forget that when we're looking at a cut on top of previous cuts and the sequester cuts came on the heels of cuts to this program that had already taken place in years prior. >> reporter: remember the sequester that went in effect in march? those cuts, tapped l.a. housing dry. those went into effect long before the lights went out at hud. greg spegal puts it this way. >> this could turn washington on its head. >> i have worked so hard to pair my taxes every year. if you cut this for me and my family you are going to put a family of six out on the street. >> those living on the margins also faced to move on the edge,

joined leaders from foreour california cities in an effort to get a pension reform initiative on the november ballot. he filed papers for a statewide constitutional yesterday. it would allow local governments to trim pension benefits for their workers. meyers said cities can't afford the benefits. union leaders say it's an attempt to rob public ploefs promised retirement benefits. >>> sunnyvale will break ground on a five ache $4 million recreational spot for a neighborhood park. play structure, basketball court, area for dogs and a picnic spot. a groundbreaking ceremony will take place at 1:00 this afternoon. >>> no b.a.r.t. strike. let's see what the roads look like. >> no b.a.r.t. strike. pretty uneventful on the roads. we have 13 b.a.r.t. trains that are currently rolling. as we take you into livermore. these four lanes have truck tire bits on it. if you're traveling along the westbound direction at 580 by livermore avenue you'll find it. the rest of your commute through the altamont pass, a little bit of slowing bus of a construction project that will last until 9:00 a.m. as we go outsid

prop b on the november ballot coming up would exempt the developers from the city's 84- foot waterfront height restriction. the city claims it's all worth it for the parks, the jobs and the housing projects it would create. >> we're experiencing at this time a whole renaissance of the whole waterfront. and i want this waterfront of our city of san francisco to be accessible to everybody. >> they are running a deceptive campaign saying it's about parks and affordable housing, it's about luxury condos and the rich. >> the voters will decide on november 5. >>> it's a disappointing abrupt end for a fine season for the oakland a's. >> smith high flyball right field in from right comes torii hunter. makes the catch! and the detroit tigers are going back to the american legal championship series! >> there you go. seth smith was the final out at the coliseum last night as the a's fell 3-0 in the fifth and deciding game of the play-off series with the tigers. detroit also beat the a's in last year's american league division series. thought they would pull it out this year. >> and that same pitch

it is expected to be almost fully functioning by the end of november. predicted by jeffrey zients, appointed by the president to help lead in fixing this site, the site healthcare.gov. we know there have been a lot of delays and problems in registering for various plans and at some point, just wasn't able to get through. they've been trying to deal with this. there have been hearings on the hill. kathleen sebelius has been under fire because of all this. zients spoke to reporters for the first time and today he actually said they're being brought on board and that the vast majority of those who want to get through will be able to get all elements of that site, they're going to be able to use it and it's going to be functioning well most of it by the end of november. he also says they're appointing a contractor qssi to lead in the effort to fix that site. so you know, we hope it all, would out in the end. at this very moment, the u.n. has now learned that there's a hearing over the civilian deaths from u.s. drone strikes. that drone program very controver

i do want to say the situation is dire. on november 1, we are going to cut off hundreds of thousands of disability recipients, students that are depending on g.i. bills, families whose veterans -- i think the american public needs to know the dire situation. we are going to be sending hundreds of thousands of people into dire straits, maybe making them homeless. there is no excuse. we need to solve this problem in the next week. i do have some specific questions. mr. secretary, in addition to mr. denham, i would like to know from you about the impact of the shutdown. i would like to know specifically its priority. i will take that off-line. as you know, the veteran service organizations staff members are used to help counsel veterans but the villa so staff members -- vso staff members are not employees of the the a. -- the v.a. can they continue to use those facilities to help counsel our veterans? >> i am told that we are not allowed to do that. again, this is a day-to-day assessment. we go back and check to make sure that the interpr

the crash. >>> charged related to campaign reports, he was arrested? june. he is going to be sentenced novembe 8th. >>> in san francisco you will pay more for sugary drinks. tomorrow he will suggest a tax on sugary drinks. sodas would cost 24 cents more. the proposal will go on the november ballot next year if approved. >>> some of you have been sending photos of your children and pets. we always welcome your pictures. a dog is a minnie mouse. you can send them to kron.com or use our app. >>> tahoe saw the first substantial snow over the weekend. >> reporter: how exciting is this? the first snow of the year. i am freezing, but it is gorgeous. let me show you what it looks like. i want to grab snow off the ground. you can have a snowball fight. when i first got up here at 5,000 feet the snow started at 3500 feet next to the donner pass. the roadways are very icy if you are coming up here. there are certain spots where the highway patrol is requiring people to put chains on tires. it is so pretty. alpine meadows has 10 inches of snow on the ground and expect that number to rise. it is neat to se

. >>> twitter is scheduled to be listed on the new york stock exchange in mid november. the total market value of the u.s. online messaging service is expected to reach up to $10.9 billion. twitter disclosed a plan to price range documents filed with the securities and ebs change commission. they will price its stock at between $17 and $20 per share. they man to offer 70 million shares. that will race 1.2 to $1.4 billion. it is expected to be the largest after facebook's listing last year. >>> french soccer fans will have to find something else to do at the end of november. clubs are reacting to a new super tax from the government by going on strike. officials from the clubs' union announced a one-weekend strike in response to the planned tax. the government of francois hollande has announced new tax on salaries over $1.3 million. >> it's the first time that french would go from maybe 40 years ago that we decided not to play this special day of the end of november. >> about 120 players are estimated to earn in that top bracket. that means an additional tax burden of about

. >> the idea will need support from the majority of the board of supervisors to get on the november 2014 ballot. a similar tax measure was defeated last year in richmond. >>> it looks like sugar, but no, no. it's snow. there is some significant snowfall in the sierras this evening with more than a foot at the highest elevations. that means wintery driving conditions, change will be required by some areas. well you know what, that could only mean one thing. skiing. soon. >> it is coming soon. >> yes, near you. if you're not driving in it, you should be smiling. we need the rainfall and the snowfall. 75 miles per hour wind gusts. it is still snowing about 5,000 feet in the sierras right now. i'm letting up a little bit around lake tahoe with a lot of the ski resorts and the ski areas, continuing to see snowfall. squall valley received 10 inches of snowfall as we cannot have a drop of rain down the hill or any rainfall in san francisco or oakland with a couple showers south of san jose. and they are dry tonight with a wide look outside tonight. we'll be partly to mostly cloudy overnight

things about soccer, but this is a hit to the french soccer players who are going on strike at the end of november to protest the 75% top income tax rate in france. and this is a message i think around the world, even to the democrats here that if you push rates high enough, eventually everyone joins the tea party. >>> and, remember, if you have your own hit or miss, send it to us and be sure to follow us on twitter @ jeronfnc. i'm paul gigot, hope to see you right here next week.

and by the end of november it should be 100%. w why there's all the emphasis on the wbsite. >> before we run out of time, i do want to ask you both, tomorrow, kathleen sebelius, what do you want to hear from her other than, maybe, i resign? >> i would like to hear from her why the president's promise if you like your health care plan, you can keep it, isn't true. and yet he still on his website said, if you like your health care plan you can keep it. i'm one of those who got a letter. we had one that was canceled. i got the same letter that millions of americans are getting. yet, i would like to hear why he told me i could keep it if i liked it, and yet it's being canceled. >> this is not true. look the fact of the matter -- >> i'll give you my letter. >> if your insurance is being canceled, it's not canceled because of the fortable care act. >> the letter said it was. >> the bottom line is that if you have your insurance, you can keep it. if your company is canceling your policy, it's not because of the affordable care act. what

the right to drive. another landing a mass rally for november 5. and the madeleine mccann case is back in the headlines. this video has been widely shared by web users in saudi arabia. filmed last week, we see a fully veiled woman driving around defying the kingdom's ban on women driving. passers along the way show their support giving her a thumbs up. in this ultraconservative kingdom where women must have a male guardian and asked for permission if they want to travel, for example, or open a bank account, more and more women now want the right to drive and have been demanding as much in videos and photos posted online something which has in some cases have not been into trouble with police or alienated them from religious leaders. one savy cleric alarmed by the scale recently warned women that driving would affect their ovaries and cause birth defects in children. his comments start a weight of mockery online, and the campaign to end ban on women driving in saudi arabia is about to gain further ground. indeed, activists planning a nationwide day o

. >> we can use some for the november. >>> the decision that has the bay area's veterans fee snubbed. >>> san jose's veterans day pair rad is scheduled for next month but next year is up in the air for over 40 years. year after year cost have gone up while private and city funds have gone low. >> it runs anywhere from $14 to 13 $13, 000 a year. what i want to do being 88-year-old, the younger generation can enter the parade. >> they hope to raise half a million dollars to keep it going for at least five more years. >>> tonight everyone is talking about one soldier. >> josh harness he was wounded and here he is lying in a hospital bed in ohio, he's a purple heart recipient and everyone thought he was unconscious, the time this was taken and then he saluted the officer who gave him that medal. >> i think he was unconscious and totally out and he just you know, that's the way he is -- yeah, he felt it. >> well, the army ranger is now on the road to recovery and is headed home t wife, our best wishes to him. >> amazing story. >>> do you know we are going to have college football next year

committee chair report, the highlights of the august 14, 2013 meeting and review the agenda for the november meeting. >> i table that. and i am continue that into the next meeting. >> i don't have my notes. >> motion to continue by commissioner king? >> second that. >> second from commissioner josefowitz. can i hear all of those in favor of continuing the item to our next meeting, please say aye. >> aye. >> aye. >> item is continued. >> policy committee report. >> commissioner wald? >> on august 12th... >> i am sorry. could i get what is the move to make? i did not take public comment on that item. >> i know that we have watch dogs in the audience and i don't want to make that mistake. >> deputy city? >> you can recind the vote. >> could i get a motion to recind. >> all those in aye. >> item 12, public comment on item 12? >> could i get a motion to continue this item to the next meeting. >> move to continue. >> all of those in favor, a aye. >> item 13, policy committee report. >> thank you. >> and at our august 12th, i first have to correct what i said before, we actually talked about the ag

the community. >> his last day is november 8th. >>> unions are goings to vote on new contracts next week. should both approve their deals the contracts then go to the bart board of directors for final approvals. it could vote in november before then. >>> and gas prices continue to drop in california but we're paying more than most of the country. the california average went down about a nickel this week, that's a fifth straight week we've seen a decline but it's still well above the national average. san francisco has some of the most expensive gas. if you're looking for a deal, there's a station selling for $3.47. >>> the affordable care act website should be working by the enof november. the high number of people trying to access the site has contributes to problems. president obama says that shows how much americans need affordable health care but republicans say it could indicate worse issues to come. >> that proves how much demand there is for it and that's why in the coming weeks we are going to get it working. >> will glitches become provider payment glitches? will they be told they

you are seeing the november 2011 incident on the campus.e was suspended then fired a few months later. >>> a plane trying to fight wildfires in australia has crashed. 64 fires are still burning across the state, 20 of them are burning out of control. temperatures will be getting cooler in the next few days, but officials are warning of hot and dry months still ahead. ♪ >>> i'm meteorologist dave warren, we are dealing with cooler weather here. much colder temperatures now affecting much of the coup try, midwest, and northeast, temperatures dropping down to the freezing mark. the first time that happens each year, that's the freeze warning issued, and that's the end of the growing season many areas here freeze warnings in effect overnight tonight. right now we're into the 40s as the cold air comes in from canada. you start to see these lake-effect snow, these streamers of snow that move across the same area, dumping a lot of snow over one area. we could get inches of snow, in new york, western pennsylvania, and ohio, and there are some freez