>> supervisors, tim paulson the executive director of the san francisco labor council and we represent 140 different unions in town, and i want to thank the board of supervisors for taking these amendments and i know that you are going to be continuing this and so we can get this all tightened up. this is a historic piece of legislation that san franciscans both on this side of the aisle and in the mayor's office are going to be proud of once we are finished with that and so we strongly support moving forward and we think that the amendments will be con sen custody that we hope that we will end up with the vote and everybody happy and so i want to thank you for all of the particular in farrell for the work that you have done on this navigating through these. >> next speaker. >> my name is connie ford and i am representing job with custody which is a key organization that worked to get this historic legislation passed back in november. we support this amendment and support the move for two weeks, and we all work together to really make sure that we have the best possible legislation as

. >> commissioners my name is tim paulson the executive director of the san francisco labor council and we represent over hundred and 40 unions here in san francisco i just want to be officially on record saying we support this going forward the warriors have great players how the throughout the community process and moving forward as a former vice president the workers council i've seen the railroad yard into is there no the transformation and think on behalf of the organized labor and men and women in san francisco and the bay area that is a good way to move forward so we're on record of supporting this thank you much. >> thank you. >> dense mckenzie. >> i'm here to share an additional component i've proposed for a number of years to the warriors to include a high school classroom inside that arena there's a couple of good articles recently regarding the warriors community foundation and i'm provided you with information this morning requesting that the warriors and the city leaders include in their proposals providing education for our kids i teach in san francisco public schools and

tim geithner: when they think it makes sense. [laughter] hank paulson: early next year. bert ruben: i will do another version of what tim said. i do not think it matters when. >> who is our biggest global economic competitor? >> ourselves. hank paulson: i agree. >> i concur. >> all right, look at that. >> treasury secretaries tim geithner, hank paulson, and robert ruben on the state of the economy tonight at 8:00 eastern on c-span. up next on c-span, a discussion on court cases about religion. among those we will hear from the head of the beckett fund for religious liberty and an attorney for the separation of church and state. this is about 50 minutes. ms. chertoff: the first amendment to the u.s. constitution states that congress shall make no law respecting an establishment to -- of religion or prohibiting the free exercise thereof. they do not signal the end but rather the beginning of a spirited debate over the proper relationship between religion and the american state. in the early years of the united states, some interpreted the first amendment to mean that congre

paulson: no seriously -- mr. geithner: or at least buy it. [laughter] ms. sandberg: or at least buy it. [laughter] ms. sandberg: that was tim's joke, so i don't want to take it. mr. paulson: china has emerged as a formidable competitor in addition to a partner, as we all know, and the relationship is much more complicated, given that they are more assertive now in foreign policy and given their economic success. it is very much in our interest to find a common interest, and there are many areas where we have a shared interest and we are not going to make real headway globally unless we find ways to work with china. if we are looking at climate change and environmental issues, for example, i don't know how we solve them unless we are working with china. if we working complementary ways economic problems become easier to solve. if you are looking at stability or global stability and peace, denuclearization, this is all accomplished with working with china. as i see the world today, it is more important than ever that we get important, tangible things done. that way the public can see the value of the relationship and we don't l

tim geithner, henry paulson and ruben speak sheryl sandberg, here's a preview. >> it's worth noting that nonus of really know anything about the future. we certainly don't know how economies perform and we live in a messy, dark, scary uncertain world,. >> but that said -- was that a scary, dark, uncertain world? >> i mean that is the normal state of mankind. >> slightly less dark. >> we're a lucky country. a much stronger country than any other major economy. and if you look at the

we hear from tim geithner, henry paulson, and robert ruben. here is a brief look. tim geithner: it's worth noting that none of us know anything about how economies perform in the short term or even the long-term -- we live in a very dark uncertain world. but i think the economy is -- [laughter] >> but that said. what was that, a scary dark, uncertain world? tim geithner: it's true. in that context, i think the u.s. is gradually getting -- chef but slightly less dark slightly less scary? tim geithner: we are a resilient country and a much stronger country than any other major economy. when you look at these challenges we face, they are pretty stark challenges. i think you would rather have our challenges than the challenges for any major developed economy or consumer economy around the world. >> former treasury secretaries tim geithner, henry paulson, and robert ruben tonight on c-span starting at 8:00 eastern. >> here are some of our featured programs this weekend on the c-span networks. saturday at noon politicians white house officials, and business leaders offer

paulson: no seriously -- mr. geithner: or at least buy it. [laughter] ms. sandberg: or at least buy it. [laughter] ms. sandberg: that was tim's joke, so i don't want to take it. mr. paulson: china has emerged as a formidable competitor in addition to a partner, as we all know, and the relationship is much more complicated, given that they are more assertive now in foreign policy and given their economic success. it is very much in our interest to find a common interest, and there are many areas where we have a shared interest and we are not going to make real headway globally unless we find ways to work with china. if we are looking at climate change and environmental issues, for example, i don't know how we solve them unless we are working with china. if we working complementary ways, economic problems become easier to solve. if you are looking at stability or global stability and peace, denuclearization, this is all accomplished with working with china. as i see the world today, it is more important than ever that we get important, tangible things done. that way the public can see the value of the relationship and we don't

[applause] >> three former treasury secretary is paid we will hear from tim geithner, henry paulson, and robert ruben about their time in office. here's a brief look. >> if you can take one change in unit -- in u.s. policy unilaterally, what would it be? >> fiscal policies and government that makes -- >> try to get more americans that want to work for the country. >> when will the fed first raise rates? >> when they think it makes sense. >> do better. >> i will say as early as next you -- as next year. >> i don't think it matters when they raise rates it matters with economic circumstances. i think it will be very difficult. >> who is our biggest global economic competitor? >> ourselves. >> tonight at eight eastern on c-span. >> here are some of our future programs for this weekend. saturday starting at the noon, politicians, white house officials, and business leaders offer advice and encouragement to the class of 20 if team. and the chair of dreamworks animation. at 9:15 p.m., former staff members reflect on the presidency of george h w bush. more commencement speeches from across

bill congress received a letter signed by tim geithner hank paulson, john snow, paul o'neill, larry summers robert ruben, nicholas brady james baker, michael blumenthal, and george schultz stating among other things, that -- quote -- "it is impossible to get agreement on provisions that subject currency manipulation to trade sanctions in a manner that both the united states and other countries would find acceptable." unquote. it is -- quote -- "impossible" -- unquote. that's their word, madam president, not mine. we also received a letter from 14 former chairs of the council of economic advisors, again both republicans and democrats expressing similar views. the letter was signed by alan greenspan, ben bernanke, charles schultz, martin feldstein lawyer are d'andrea tie son martin bailey, glenn hubbard austin goolsbee, allan krueger edward la diseer, harvey rosen and gregg manqiue, all have cautioned against enforcing currency standards? our trade agreements that are subject to sanctions and they all noted that such an approach, which would be required under the port man-stabenow amendment w

directly into the banks and that's when hank paulson was still treasury secretary october, 2000 eight. it did not evolve into an asset purchase program until tim the treasury secretary in march of 2009. niall: the original idea was to buy distressed assets. later, they ended up buying preferred stocks so it was the wrong way around. there is a big difference between doing that and then selling off the small stakes which the treasury did and taking over 80% which is what happened in the u.k. if the u.s. government today owned 50% of citibank, they could say they did what paul krugman and hank paulson said. erik: let's talk about how long it takes before the federal reserve raised interest rates and perhaps that is the reason we have seen the dollar take a leg down in recent weeks. niall: paul krugman was right about the direction of rates. back when we first debated in 2009. it's important to ignore knowledge that when your antagonist is right, it's something you never does and i hope he will do it over the u.k. but he was right we were in a much more depressed condition and rates were not likely to jump up anytime soon. when you ask yourself -