requires pub lb aenls to annually report all underutileized of property a 4th of a acre or larger. one of the things that the community learned over the years is that one of the difficulties with the surplus property ordinance is it required transfer to am meau so this stream lines the process and identifies the sides suitable for for affordable housing so that is the idea of limiting the scope of the annual review of 4th of acre or more. these are sites that are most fropet affordable houdsing development. here is the mayors office of housing first tinet to acquire sitess suitable for housing from publicancy that wish to sell or lease unused public land. sets the priporties for homeless families, low income work force housing, mixed low and moderate income homes and for sites larger than 2 acres allows mixed income housing which would include at least 50 percent affordability dependent on the feasibility. in terms of the comparison to the existing surplus property ordinance or the definition of affordable while also maintaining the prioritization for homeless families. the measure

on balance a range of indicators suggest that underutilization of the labor force has diminished since early this year. i pointed this out because they took out the language somewhat. what was your interpretation of this, jan? jan: i did not think it was a significant change. it did take it out somewhat, but on the other hand compared with the beginning of the year it is sort of a truism that relative to the beginning of the year, underutilization has diminished. we knew that. i don't think that the changes anything. sounds like you did not see anything in today's statement that moved the needle. alix: i did -- jan: i really didn't. if the data is going to be a lot stronger over the next few, that is what i am expecting. you could get to september, but december is the more likely outcome area alix: -- outcome. joe: another word that was in the report, "the committee continues to see the outlook as nearly balanced." there was some question about whether they would remove the word nearly. does that signify anything to you? professor blinder: no, when you just preserve what you said the l

for example in our district-the school district, we vahuge building that is underutileize squd can't do anything with it now because they are doing analysis to see if we have a need fl another school but there is no timeline or follow up consequences, no restrictions which i think the grand jury recommended is there should be some sort of time frame for when a surplus property stays on a list. i think there are properties out there that maybe we would like to take advantage of but it is hard to get it deemed as surplus property. that is something i would like tasee addressed soime interested hearing from supervisor kim about that. secondly, i do appreciate this measure allows for more development of housing for income levels up to 150 percent ami that is 2 acres or more. i'm curious based on our kind of i guess initial list of what the surplus properties are, how many buildings or properties do we think are 2 acres or more. i know there is obviously a huge demand for developing house frg the low low incomes, lower ami levels. for me as mr. martin pointed out there not a lot of resour

i have been hearing the terms underutilized sites, surplus sites i think this measure, this ordinance has to be taken as a mandate from the people. if you look at the different polls you'll see there is a overwhelming need for affordable hoizing to be made a serious priority. seniors and we represent seniors at senior and disability actions we see eviction of seniors on a daily basess. affordable housing must be made a priority and think the ordinance goes in that direction. again, public sites, public lands, underutilized sites, land that hads been hoarded so no hoardsing of public land in this time of emergency. the city wants affordable housing as a priority, let's look at this as a mandate. we also have to look at the fact we have fire and police and other people that work very very very very hard, service workers that are as much needed as anybody else and deserve to be a part of this community. again, i can't stress more the need to have a public discourse in the use of the public land and no more of this give away because really it is disgusting what is going on with the give a

project will add space and retail space in the downtown corridor if in a site that is currently underutilized the open spaces will cultivate and enlighten the streetscape it is consistent with the goals policies and procedures of the plans and once again the design has been approved by occ stat staff and ocii with the transbay redevelopment plan staff has received no communication in opposition thank you very much i'm available to answer any questions but before i precede i did want to discuss an issue one anywhere issue with the staff report the draft motion neatest to incorporate with the reference the ceqa finding by the ccii and i believe city attorney has some relatively simple language to read into the record that effects that change. >> commissioner president fong and commissioners kate stacey from the sdoofsz we ask you be explicit about the ceqa finding i'll read into the record it is all in the preamble the 6th paragraph at the beginning of the paragraph that begins with the final eir contemplated before that i'll add this sentence the commission hesitate reviewed the eir and addend

we also have the very underutilized reverse plank.ould hold this one for days. >> you would totally beat me at this one. >> i totally could. i would win. >> you got to admit, rebecca does a good deadpan character. >>> sometimes you just got to take things into your own hands when you don't agree with what's happening. really there is a big issue in columbia with tow trucks towing motorcycles and scooters around town for no real apparent reason is the claim on the internet so this woman felt that her scooter was being towed for no reason at all. and decided, nope she got up on it and starts doing the rope that's been tied inward? >> i love how the guy knows it isn't going to end well. >> actually you'll be surprised because she continues to do this. it looks like at least one other officer is watching this go down and may even be recording this on his own cell phone. he's eventually able to drag her scooter off the flatbed and then proceeds to put on her helmet and ride away. >> this is maybe not supposed to be happening, because maybe

they will identify and reassign underutileized cars to vehicle pools which reduces the size of the fleet and cut expenses in the future. it allows the team to retire cars that are unneeded or expensive to retain. will insure city owned vehicleerize used appropriately and safely to conduct city business. this proposal will also help the city generate cost savings over time and the instullation of the telematic data system will be the main driver of the saichbings. it helpss identify under utileized vehicles and identify vehicles that are not longer necessary. in turn analysis found a 5 percent reduction in the nob generate 3 million dollar savings or 6 million dollar savings tie today a 10 percent reduction. sufficient is reduced [inaudible] to reduce fuel cost. again as a example, 5 percent reduction of fuel useage entailed appreciately 350 thousand dollars in annual 7ings or 10 percent around 750 thousand dollars. these estimates demonstrate the vamue of proposed reductions here in the sitee of san francisco. green house gas emissions will be reduced through the proposal by aligning red

for state funding for a building which obviously people don't believe we need we have the most underutilized jail systems in the state we can be proud of that and we're doing everything we can to make that increase that's the second pig in the poeng polk and third asked to agree request so many urban answered questions especially the one raised by supervisor kim and supervisor mar you're asked to agree to go ahead with this project with all of those unanswered questions that's the third pig in the polk you'll hear a lot of testimony here today that will look at this and essentially let the cat out of the bag i'm asking you to remember this bid of tried and true folk wisdom with the negative comments about this resolution (clapping.) thank you. >> thank you. next speaker, please. >> >> hi, i'm mohammed with the critical resistance a part of california invited for a responsible budget i want to start off with two quotes jails have become the largest psychiatric institutes in all the states this is a horrible statement and the second quote when you think about a jail environment that is the wor

evictions as supervisor kim i'm getting more and more excited as people say i've got land that is underutilized let's grab it and get our stabilization funds to buy down tho rent control units not a plagiarized for slack later we can only do it if we have the collaborative government it licenses to our citizens demand we took it perp to act i'll continue to do that as long as i'm mayor and even beyond age 62 hopefully, we have more of those sites made and i've already identified sites we can get our hands on in fact i've shocked one of the church, i called them up wheaten do you do besides the parking lot they're saying you're calling me wow. i've got to go to the board and talk about this ever site should be considered we have a housing crisis but we have beautiful people like vieira in the time of crisis step forward and so has the agencies with that i take great privilege in declar to be vourgz senior housing day in san francisco (clapping) i have doug and barry and the sisters and laura (clapping) echo family housing good (laughter). >> want me to hold him. >> thank you. >> your first papar

i think we may have been underutilizing you. john st. croix had a seconds career teaching essential studies, glx political science and plaus aef to high school and college students at san francisco state university. it is important to know this is not only a gentlemen but it is a scholar. he graduated from the university of massachusetts, obtained a master degree from harvard and served for 3 years as a cochair of [inaudible] kennedy schools bay area alum nigh association. on a personal note you should know this is a man that has a heart of gogold. in addition to the years of public sunchs he also volunteered for 7 years at the larken street youth foundation. he is also a ordained deacon in the presbyterian church. this is something i didn't know. and this is probably his most greatest accomplishment, he is a single dad who adopted his son timothy from foster care. ladies and gentlemen, the san francisco board of superizvisors extend and proclaims july 28, 2015 as john st. croix day in the city and county of san francisco in acknowledge

a range of indicators suggest the underutilization of labor resources has diminished since early this year. no qualifiers. economic activity has been expanded moderately in recent months. dropping a reference to slower growth earlier in the year. inflation is still below the 2% target, which they blame on transitory declines. energy prices and decreasing prices of nonenergy imports. they still see inflation rising toward the target over the medium-term. the committee anticipates that it will be appropriate to raise the target rate for the federal some rate when it has seen further improvement in the labor market and is reasonably confident that inflation will move act -- back to the 2% target over the medium-term. feel they arethey almost there. there were no dissents, no press conference today, they did not upgraded or economic forecast and there is no new. plot -- dot t we will have to wait for august for any further clues. this is definitely a statement towards the hawkish side. mark: michael mckee joining us from a very windy washington. thank you. scarlet: let's get straight to j

a range of indicators suggest the underutilization of labor resources ha

i think we may have been underutilizing you. john st. croix had a seconds career teaching essential studies, glx political science and plaus aef to high school and college students at san francisco state university. it is important to know this is not only a gentlemen but it is a scholar. he graduated from the university of massachusetts, obtained a master degree from harvard and served for 3 years as a cochair of [inaudible] kennedy schools bay area alum nigh association. on a personal note you should know this is a man that has a heart of gogold. in addition to the years of public sunchs he also volunteered for 7 years at the larken street youth foundation. he is also a ordained deacon in the presbyterian church. this is something i didn't know. and this is probably his most greatest accomplishment, he is a single dad who adopted his son timothy from foster care. ladies and gentlemen, the san francisco board of superizvisors extend and proclaims july 28, 2015 as john st. croix day in the city and county of san francisco in acknowledge

they referred to labor underutilization being some what declining. they took out the word some what. janet yellen has been outspoken about how they thought it didn't reflect the slack in the labor markets. it suggests that janet yellen was preparing for a rate hike. >> what could derail it? >> the dollar looks strong. and while you know that's not the primary consideration. if that looks like it will move higher particularly alongside risk in greece. china looks like it will bring down commodity prices further as well. you might see a return to the midsummer fear of the fed. >> some people say that the stronger dollar is the fetdd's way of tightening policy. do you agree? >> that's prue. that's happened this year. it's affected core inflation. i think what is interesting in bond margaretskets, the two-year treasury yield has gone up consistently. there has already been a modest tightening. the fed's guided us to this point by suggesting the rate hike will happen by tendhe end of the year. there is nothing we have seen that suggests against it. they'r

on balance a range of labor market indicators underutilization of labor resources has diminished since early this year and committee's longer run objective partly reflecting decline in energy prices and decreasing prices of non-energy imports. inflation remains low. survey based measures of longer term inflation expectations have remained stable. i will make this a short hit. there is a lot of rekind can't language, almost word for word from the last statement in june. they do keep short-term rates at zero to a quarter percent. they do again say they're watching financial an international developments. the vote on this unanimous, 10-0. trish? trish: peter we let you continue looking through that statement. but again, to reiterate for everyone, the fed is staying unchanged here. they will keep interest rates as low as they have been for the foreseeable future. the realty is the fed has been trying and trying to help our economy. maybe they're helping our stock market. doesn't look like they're helping economy nor, frankly is president obama helping our economy. take a look at this chart

but they are usually the most underutilized because people are afraid to talk to the soldiers. you don't no how to reach you become under siege by what you see. you can misdiagnose. but they are the most useful tools that you can never have a person committed and not afraid. not afraid of the environment. they control the environment and they are committed. poverty and pain does not mean a person is not motivated. they may be miscalculated, but it but it don't mean they are the verdict. most peoplemost people assume those in poverty think that is apparent condition. in there mind they are coming out some way. it just depends on if you are able to help them reach their goal of resuscitation reliable. .. >> >> just from the anecdotal diagnosis what you are doing is now working. [laughter] do you want me to help you? okay. we can start from there. so this dialogue did not come from them to be victims but it was the condition is not permit can i help you change? so that led to a position to be a hero rather than a villain so when you transform someone it is easy for them to transla

the place is definitely underutilized. i look to the left, and there's this big counter with nothing on it, nothing merchandised on it. it definitely has room for improvement. paul: i mean, this is a great place. i love the job and everything. it's just that sometimes it gets a little bit stressful when you don't know what's going on. lemonis: what kinds of things are you -- paul: like money, really, to be honest with you. sometimes, we're asked if we mind waiting for our checks a week or two. we've had problems paying for product. so we've all pooled our money together on several occasions -- -lemonis: people that work here? -paul: yes. ...and helped them out. lemonis: how much are we talking? 100 bucks? paul: a couple hundred each. lemonis: in what business are the employees actually buying the inventory? they have bills to pay. this business is in real trouble. how are you? gary: good. -lemonis: i'm marcus. -gary: i'm gary. lemonis: gary, nice to meet you. this is an unbelievable location. how long have you been here? -

when i think about this place, i feel like we're underutilizing the assets. have the machinery, we have the silk screening, we have the embroidery, and we have the facility. and so i'm gonna try to create a bit of an artist section here. think how cool this will be -- artists will be able to come in here and design their own clothing. but i want to create a retail clothing line, so hats, sweatshirts, hoodies, bags, t-shirts. maybe have it represent queens. so i have this idea for a name called queens vibe. fabio: i love it. -lemonis: it's up to you. -fabio: yeah, i got this. -lemonis: all right, buddy. -fabio: thank you. lemonis: one of the things that i wanted to do -- and i don't know if giovanna can help us with this -- is i wanted to see on that list that you gave me -the credit-card statements... -giovanna: i can do that. lemonis: ...because when i see target, it says construction. i don't know what you're building from target, so i want to see what actually went through those credit cards. can you print it out? giovanna: yeah, i'm trying to -- lemonis:

saying that the measure of labor underutilization remains elevated relative to the unemployment rate and that's explained why you invoked the caveat and haven't raised the rates even below you came below the 6.5%. i understand the analysis. let's talk about the cause of the underlying weakness. it's clearly not monetary policy from the from your standpoint. because you've engaged in these extraordinary measures, six years of zero rates. very accommodative policy. bond buying, quantitative easing, shouldn't we start looking at fiscal policy? obamacare which cbo said is contracting employment by 2.5 million jobs. the 30-hour work week, which is forcing people to go part-time. the epa's rationing the energy. 8,000 lost coal miners in my state and losing employment by the day. dodd-frank, american action forum says over the next ten years dodd-frank will reduce gdp output by almost $1 trillion and last week. one of your colleagues on the federal reserve board acknowledged that regulations may be a factor in diminished fixed income in the liquidity markets. the federal reserve has gone to

my goal for many, many years has been to take this underutilized. what you can do with this art form. >> reporter: toughed the word, dan has bit written books and blogs that step by steph give away his secrets. like number one, dip your hands in the paste. not the newspaper. >> it's an amazingly simple thing. people butt the newspaper in the paste. before long, it's disintegrating and you get globs of paste between the lawyers. it never dries. it stinks. >> reporter: from a shell like this, anything can materialize. dan's home is a museum of creatures great and small. silly and scary. from monsters with real human teeth donated by dentist patrons. >> it's an ugly creature. it's kind of entearing in his its own. >> reporter: to capitalist pigs with the faces of the rich and infamous. >> these people have essentially soaked all of us taxpayers for millions and millions of collars. >> reporter: but if dan has a ferret creatures, it's dragons. >> i don't know why, but dragons, you find them all over the world in every time period. >> reporter: and every

labor market indicators suggest underutilization of labor resources has diminished since early this year. no qualifiers, economic activity has been expanding moderately. that is a reference to slower growth earlier in the year. while inflation is still below the fed target, they blame that largely on transitory factors such as energy and not energy imports. they see inflation rising towards the target over the medium term. the committee they say will anticipate it is appropriate to raise the rate when they see some further improvements in the labor market. that word some is in addition to the statement. and it suggests that as far as the labor market is concerned they feel they are nearly there. finally, no dissent in the statement. there was no press conference they did not change their economic forecast. and there was no change to the chart. so now we look to the august 19 release of the minutes for any further clues of this meeting towards the direction of monetary policy. if you believe that september is the target, it certainly is still a live option. michael mckee, bloomberg washin

number and something to certainly focus on but i do think it is important to look at measures of underutilization is important to look at some of the measures that get a better understanding of some of the dynamics in the labor market. that is why the federal reserve has put out the labor market conditions index because they are telling us -- do not get too carried away with just one indicator. look at a wider range. brendan: so many people who, the stats are dismissed as of the labor market -- dismissive of the labor market index. michelle: in theory it is good and practice, i'm not sure because the only release the changes. we do not release the levels. tom: i want to mention this, squally and cancer coming out with a price move on facebook, up to $105 from 100 dollars and i think that if some of the spirit that is out there that begins to feed on everybody, even in something of monday and as investment because the equity market things heal, and then the investment picks up. brendan: it is also entirely possible that is just basic trust, like we talked with paul sweeney. mark zuckerberg said --

that's the drop in the unemployment rate and the drop in broader measures of underutilization. some questions about the statistical reasons for that, because it was driven by a sharp drop in labor force participation. with he no we know sometimes those moves month to month were a little noisy. there were some weaker aspects as well. >> is that a surprise in terms of wages? >> it was a little lower than we thought. we are looking at all of the different wage indicators. we are seeing tentative evidence of acceleration but this was a step back. >> can you frame the 5.3 unemployment rate. it is a seven-year low. >> yes. >> how much lower can it get until we get to full employment? is 5.3% really a good thing when it is being driven by people dropping out of the labor market? >> on the first question the unemployment rate itself is probably not that far away from a full employment rate. maybe .25 to .50 percentage point at this point. what's important is that there are other aspects of labor market slack that aren't captured by the unemployment rate. people who are unvoluntarily pa

for instance, we own 900,000 buildings. 77,000's of which we do not use or the underutilized. yet our government leases 500 million square feet of office space. that is one example. the list goes on and on. if we started to run efficiently, like we do in businesses, you take 3m, apple computers, toyota, they use the system called lean -- sigma the turnaround system that is used for corporations. you can use that same thing in government. we would save and a norma's amount of money. -- we would save an enormous amount of money. once we get that stuff out of here and start running at the right way, we will not need as much money. we will be able to use it appropriate way to take care of the mentally ill. and we will be able to do the kind of research we need to look at so we can identify these people early on, get the help they need early on. just one of the things we do not do, for instance, when we talk about veterans. 22-23 veterans commit suicide every day in this country, which means there is a huge problem going on. we look at it too late. is soon as they enlist we need to

insalick air base is huge infrastructure underutilized. there, i was there by went into iraq eight months ago, and it's a perfect platform for what we need to do. fighter jets instead of having maybe an hour and a half two hours of time without refueling, they'll be able to light area lot more because they're not in transition so much. we're going to have more combat power present even with the same amount of planes. >> you think this potentially is a significant game changer? >> it's a significant impact. game changer is a tough word. i think it's going to be hard to defeat isis without stepping up special operations without the iraqi military being in a position to take back iraq. i don't see a plan from this administration in syria. syria, ifyou think about it is as big and complicated as iraq but we don't have an indigenous force on the ground. our attempts to train the moderate free syrian army we find out we've only trained 60 of them because we're making them sign on the dotted line not to fight their biggest enemy, bashar al assad.

the program is notoriously underutilized and i believe it's important that we ensure this invaluable tool is reworked so it can be used for new freight and passage of rail development. i strongly support the rail reform title when it was approved by the commerce committee and believe it's important that we include rail as part of the surface transportation bill. improving rail safety, expanding both passenger and freight rail infrastructure are critical components of nevada and our nation's long-term economic development plans. a long-term surface and transportation bill is extremely important to the state of nevada and also to our nation. transportation efficiency and reebility is crit -- reliability is critical to our nation's economic competitiveness and the hoils in the bill will help address the need to maintain, repair and expand the national transportation system. but none of these important policies will get done if congress just kicks the can down the road. passing a strong multiyear bill here in the senate sends an important message to our colleagues in the house. i urge my

underutilization of labor resources.pgrade there saying it is diminished rather than diminished somewhat. it also upgraded the housing market a little bit, saying there had been additional improvement instead of some improvement. household spending the same. business fixed investment remains soft in the fed's opinion. on the critical issue of inflation and the outlook for inflation, it said it is still running below its 2% target. it expects it to remain low near term and will rise gradually 2% to 2% over the immediate yab term -- median term. no hint they've made any progress at all. then also talked about transitory effects of energy and import price declines dissipating. finally, they say the economy will expand at a moderate pace. if you're looking for that clue or hint that the fed was going to raise rates next meeting, it is not in here. it is a poker-faced statement in that regard. >> the market is taking off. dow jones industrial average was up 90 points heading into the meeting, now the dow is up more than 130 p

i understand it's been underutilized. but if there's ever been a time as we talk about behavior and mental health challenges that we have within our communities and in our schools if there has ever been a challenge for a grant program that develops best practices, it is today. and i urge my colleagues to support this amendment and integrate these behavior and mental health programs into the schools and into the education system so that we can better address the concerns, so that we can in fact begin to challenge our society to deal with these issues at the school level. and schools should not be in this alone. we need to integrate the behavior health and mental health systems into our schools. mr. alexander: mr. president? the senate is not in order. the presiding officer: the senate will be in order. mr. alexander: mr. president i urge a no vote. of course we should care about and help with the mental health of children, but the federal government already funds at least 16 programs related to mental health. a new program

environment so the ideas that there was suggested a better roofs policy recognizing that space is an underutilized resource can contributed to open space and the rebuttal energy proximate and valuable things for the stakeholders in the community that's what we're collaborating with other agencies is to make sure that their is we're able to contribute toe meeting the green house mitigation but recognizing the buildings are not purely built for their environmental building but for a number of uses and need to support those uses as well we do have a costs effectiveness analysis for green roofs participant by the green roof engineers to compliment the cost effecting analyze it is pro tem the department completed last year looking at the solar energy those are maturing and policy ideas will be viable for consideration by the board. >> great thank you questions from any have a quick question what yard line 10 or 5 yard line. >> yeah. >> 3 yard line. >> great question we're 60 yard line. >> 60 yard like that what a first down. >> certainly we need to not underestimate some of the challenges we're also ar

additionally, executive order 13-589 states that agencies must be sure they're not paying for unused or underutilized i.t. software and services. the government accountability office has conducted an evaluation of how well this is being managed and implemented and what they found is in many many cases it is not happening. specifically the general accounting office found that the office of management and budget in the vast majority of federal agencies lack adequate policies for managing their software licenses. of the 24 major federal agencies that i had mentioned before, only two -- only two out of 24 -- had comprehensive policies including -- that include the establishment of clear roles and central oversight authority in managing software agreements. only two out of 24 have lived up to their requirement to manage in the way that these executive orders have ordered. an additional 18 agencies had found -- had some type of policy in place but the accountability office determined that this simply was not comprehensive enough and effective enough. and four agencies were found that had no policy at all.