i think there could be unintended consequences asia mentioned but we know there are hot neighborhoodsn the city where a lot of people want to live that can buy the houses and to the extent they have illegal units they want to rent they can evict the tenants to sell it to biotech millionaires. and then lastly i think there's two purposes to this one is to improve the safety for the existing tenants and others i believe it was to increase the housing stock. and i think it would make sense for the committee to look at this and do a study so it can show you that it is doing what it's that intended to do >> thank you very much mr. reiteratinger. >> good afternoon. i'm roger witnessinger president of the balboa organization. we've oppose this first balboa terrace was a single-family neighborhood and it remained one every sense and they're part of the housing mix and are part of the density independent that's an important point. they also preserve san francisco's unique character and prevent the manhattantion of san francisco. second balboa terrace like others have their own cc and railroads

we this there are unintended kwunsz i consequences but if amended we could mitigate those but we've noteen any interest on the part of supervisor chiu >> i have a question. >> all right. mr. chamberlain we have a couple of questions supervisor kim and supervisor cowen. >> so i appreciate the concerns that the council brought up as stacey said there are amend that would mitigate some of the intended consequences i'm curious. >> specifically one thing we want to see is the owner that currently, the out of respect should be in it on january 1st, 2013, that will mean it affects only current places accompanied. >> we want to see the only owner be an owner that owned the property on january 1st, 2013, or before so that would stop future developers swooup and trying to purchase single-family so they could buy is and flat it 20/20 flats and rent it is important expensively. >> thank you. >> i have a question if in your remarks you talked about speculators coming in and doing what you said whatever spectaculars do i'm curious about your thoughts. >> if there were an amendment that said only the

today's bill will address this unintended -- these unintended consequences of last year's reform by eliminating the property transfer trigger, buyers and sellers will now have peace of mind. mr. speaker, we all want to ensure the national flood insurance program is solvent but we must do it in a way that does not harm those who have already suffered enough. thank you and i yield back. the speaker pro tempore: the gentlelady from west virginia is recognized. mrs. capito: can you tell me how much time is remaining on both sides. the speaker pro tempore: the gentlelady from west virginia has two and a half minute the gentlelady from california has four and a half minutes. mrs. capito: i'm prefire department close, but i reserve the balance of my time. the speaker pro tempore: the gentlelady from california is recognized. ms. waters: mr. speaker and members, i am proud and pleased about this bipartisan effort to fix a serious problem in this country. as a matter of fact, we should all be pleased because it is said by the media and others that we cannot work together. this is a time when we can demo

but we're happy to work with anyone it's the last thing you want to do is have unintended consequence pr there was a gentleman in the app stayed it the map doesn't match the legislation. we're happy to make sure that the presentation matches it, it's the intended consequence. i don't have any problem making sure with the administrative code and the police code and do planning code match the intent of the program. just to is a word about the outreach in the neighborhood vs. the citywide. we recall thinking about introducing the program and have 5 or 10 plazas attached to it but there's a few reasons and those correlate you can't see why we're giving you a list we have sequa problems no eirs we couldn't tell you we were going to do something in advance and we thought, you know, every neighborhood is going to have a robust discussions around whether or not it's appropriate for this particular plaza to come in we've designed that to go before the board of supervisors about the use of public land. we wanted to separate the concept and thought it was a wise thing to do. we did our outreach

and even the nature of it unintended acceleration has a more frightening, troubling sense to it. it's still bad these engines were stalling and the engine was shutting off harder to control the vehicles, but there's no nebulous kind of blur as to what the problem was. people didn't know for sure what was causing the toyota problem. we know what caused the g.m. problem. >> out of control acceleration puts a thrill into all drivers. thinking back to when toyota went through this 2009 into 2010, that company has come back very nicely and seems to have suffered relatively little reputational damage. do you expect g.m. will have the same experience? >> i think so. i think toyota had record profits there this last fiscal year that they've reported. and they've certainly recovered. but it took some effort and it took some careful and focused management on their part for years. i think general motors, their current management and their current product lineup, the company is the strongest it's been i would argue in probably 20 to 30 years at least. so they're dealing with an issue that ca

so far as the unintended consequences people who are perhaps thinking of selling their building 2, 3, 4 or 5 years or leave the building to their children they're going to ellis act and do it now you're going to see a unintended spike in the ellis act. it's also too, you know, harassing as many landlords spoke they're not the weighing it you have to consider a different perimeter for the kind of buildings that you would consider. many of my clients can't afford statute of limitation r sfaiment homes and two or three of them get together and buy a little and only can buy a vacant building. you can't penalize those people theirs not the woeth it that's my $0.02 >> thank you very much. next speaker. >> hi, i'm a small property owner and move forward to united states more than thirty years ago so i was to excited at that time to move to the freedom country so i plan for my futures for me and my family i work two or three jobs so we owned the property it's a single-family i'm not rich but as you know as a landlord here the income can barrel cover mortgage. a property tax and we have to com

unintended consequences. yes, it is probably too early to say something very concrete. i am not sure the situation in the caucuses might deteriorate directly as a consequence of the crimean crisis, but what might happen, and something that is more probable, is the growth of xenophobic attitudes, which inevitably -- which inevitably will follow this pathologic occasion that we are observing now. it will potentially lead to deterioration of internal interethnic relations in russia. this is definitely a potential. other unintended consequences which might occur -- let's wait thesee what happens -- with eurasian union and the agreement of the eurasian economic union. that was waiting for signature in may. it is not guaranteed that this will happen. what will be the content of this agreement is not very clear. how successful will it be? one more thing which i would probably point out in the context of what was said, with the sanctions, yes, right now you see all the signs in the shops. obama is not welcome here, as a on thee to the sanctions russian elites. i think this is t

the tenant benefits so the unintended consequence if a person is going to be afraid of the expense so they would keep the unit vacant and restore it back into the single-family so the unintended consequence is to have less of the units available for rent and if i could one final comment we've structured a volunteer region we're not forcing the homeowners if they determine they want this but again, we're not saying you have to do this. i appreciate our comments and i'm listening carefully and i'm city still trying to process but thank you >> thank you. >> next speaker. >> good afternoon. i'm president of the small property owners of san francisco. the previous speaker spoke well, we're concerned owners can't pass through their costs we have a concern we realize that in law units are under rent control but the single-family houses can be reverted and the cost of hawkins can it's my understanding this legislation if a secondarily unit is legal listed turned it into a two single-family forever there's no way to sell it as a two-family house. this legislation make sense for somebody who ha

. >> reporter: sudden, unintended acceleration in some toyota and lexus vehicles was killing people on the highways. >> we're approaching an intersection. hold on. pray. >> reporter: four people died in that 2009 crash. and a wave of reports about runaway toyotas sparked a federal investigation. in today's $1.2 billion settlement with the justice department, toyota admitted that it misled u.s. consumers by concealing and making deceptive statements about unintended acceleration. >> toyota confronted a public safety emergency as if it were simply a public relations problem. >> reporter: the justice department says toyota had first blamed driver error, then admitted floor mats could trap the gas pedal in some models. but in january 2010, abc's brian ross aired the story of a runaway toyota in new jersey that could not be blamed on either the driver or floor mats. >> it just took off on you? >> it just took off. it seemed like the more i hit the brake, the harder it wanted to accelerate. >> reporter: it turned out some >> reporter: the settlement could provide a roadmap into a similar inv

the global unintended consequences of qe that we have gone through and guidance and forward guidance. that is an issue and he talked about being humble about knowing how to get guidance and what goes forward. that is the conversation i had. leading with some of the headlines, officials must be a ware of what is going on and the unintended consequences. we will have more later. >> thank you so much. he warned that monetary policy should not be -- month -- incoming data. exchange and we will talk about that one. we are going to european equity markets. it is lower in europe through the morning and weeks fact a softer open in europe. down and the dax is down. out andtrade data is exports are looking for 7.5% growth. it comes in at -18.5%. the number is muddied a little bit. the year on year comparable is not quite a comparable. nonetheless, a huge mess. three banks are looking for a negative number and people were not expecting it to be this bad. let me show you where this is playing out. they are heading for the biggest loss since last year and it is down again today. they are down by 1

>> well, this is one of those unintended consequences, right? slippery slope isn't just about future employees of companies that might claim exemptions to laws and regulations in the future. it's also about this question of how will companies react to a ruling, whether it's a fairly circumscribed one like you guys were discussing, or a bigger one where corporations in general can claim a religious identity. but you could imagine corporations sort of using the notion of a religious identity in business strategizing. it doesn't make sense for us to assume a religious identity in order to avoid this regulation or this law. it could, in theory, create sort of pyrotechnic within companies, when there's disagreement about whether to do that or if there are actually genuinely held religious beliefs that some of the shareholders have, that others don't. it would be uncharted territory. and so, i think that that's the issue. is that we don't really know how severe the fallout would be, but the potential for pretty dramatic churn would really be there. >>

the deal to end a criminal probe into the automaker's handling of complaints tied to unintended acceleration. so a capital four-year investigation and would be one of the biggest fines ever imposed on an automaker. the deal is expected to include a deferred prosecution deal which would allow toyota to avoid criminal charges provided it meets conditions imposed by the court. this leads us to general motors, which is also facing a justice department investigation that could take years to wrap up. nbc news now reports that gm knew about a defect in its ignition switches eight years ago. and changed the design of an internal part, but never told federal regulators for the drivers of its cars. that's according to evidence from a recent lawsuit filed on behalf of a georgia woman who died in a 2010 gm car crash. in february, the automaker recalled 1.6 million vehicles saying the switches could be turn from run to the stop position while the car is being driven. what would that do? it would shut down the car's power brakes, power steering and its air bag. gm shares not moving much now after hours. h

consequence the way this government and in europe pushed russia toward china and the and forseen, unintended consequence china and as you represent a significant threat for the rest of the world does not see it that way. >> if you put talk to the pentagon right now, this is cambridge stuff but most people would have said we are 10 years away from a serious confrontation so the plot is the brogue chinese general who identify as the scientists to is in charge of all future weapons design and instead to taken out they kidnapped him and his wife and children and put them on their side. well the families in the north korean death camp he does science weapons higher than anything we have but we don't know. lou: there is the tale. you talk about alex hock for i do as my favorite character. has you talk about the book itself how to deal without giving too much away but it ties the reader in 30 seconds? >> it is a lot of fun to read. i remember treating my mind as a temple i would treat it as the amusement park. [laughter] lou: i would corroborate that. absolutely. good to see you. the book is warrio

my question is about unintended consequences for putin. could this lead to further caucasus, inthe particular because of what has happened to the tatars in crimea and what the russians have done? i have a feeling there can be many unintended consequences to what has just happened. the first thing is on the missteps of ukrainian government which could lead to further invasion of russian troops into ukraine. i don't think that is the case. evidently, we are seeing putin operating based on a special picture of imagined reality he has constructed about what is going on in ukraine. it does not matter for that matter what the ukrainian government does or does not do. he would still be talking about riots,s -- pogroms, missing journalists, and torture. ane of it is true but still picture projected to russian consumers and the picture rush is trying to project to people in the west through their media channels and so on. if we know we should be careful not to do any of those missteps, that would be one thing. but if we know regardless of kievwe do

my question is about unintended consequences for putin. could this lead to further movements in the caucasuss in particular because of the what happened to the tatars in crimean and what the return shuns have done? i have a feeling there could be many unintended consequences of what just happened? >> okay. the first thing is on, comment, comment on the missteps of the ukrainian government which could lead to further invasion of russian troops into the ukraine. i don't think that is the case because obviously, evidently, we are seeing putin operating, basing on some kind of special picture of imagined reality that he has constructed about what is going on in ukraine. so it doesn't really matter for that matter what ukrainian government does or doesn't do, you know. he would still be talking about riots and missing journalists and people being tortureed which he did the other day and none of that is projects an information is in russia and that is picture russia is trying to project to people in the west here, through their media channels an

the biggert-waters bill was well intended but there was unintended consequences. some of those consequences would be absolutely devastating to hundreds if not thousands of constituents in my district who were devastated by hurricane sandy. i would just state for the record that these people are not millionaires, they complied with the law, with all the building codes, all the ordinances, they never had any flood damage in their 50, 60 years prior to this, but their homes are devastated. to add to, that the incredible get in they would premiums for flood insurance would be even -- ultimate devastation. so this bill is absolutely essential it. will decrease federal spending over the next five years. but it's important that we stand together to help those in need. people have complied with the laws, hardworking, blue collar americans who are of their homes and families and watt the opportunity to get back on their feet, they were devastated once. let's not do it again. i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the gentl

support for this project giving neighborhood stakeholders the comfort that this would not produce unintended consequence either to the neighborhood or the city's carefully crafted tdf program. because of the planning department's careful a analysis sis, the important role in the community, our legislation has received a broad range of community support and i know that we have the planning department and we also have father tommy from st. bonafice here along with edward [speaker not understood]. i want to give st. bonafice and [speaker not understood]. >> [speaker not understood]. both the planning department and our commissions reviewed this and it is of utmost importance we make sure that rezoning such as this which would confer the ability to sell transfer development rights are only done when it is in the public interest and not necessarily in the private interest of the asking party. in this indication, the proposal passed with flying colors meeting all of the criteria and was recommended by approval unanimously both [speaker not understood] and historic preservation commission. thank yo

oddly shaped unit as an unintended outcome of the legislation but we don't have the data. >> i don'think we do. there's a pretty broad range in the castro. the castro there are a lot of one bedrooms and two bedrooms and a lot of three and four bedrooms in the neighborhood. similar to the hate >> will there be some type of appeal process if it will create - honestly i'm not sure i want to push but not to make something for property owners that's challenging we hadn't thought through. >> i will say as i mentioned reasonable minds can defer on this one i see both sides. i could suggest perhaps if the logic could moved we will look at the size and there could be trailing legislation for the exceptional situations where it would create a weird situation so maybe we can look at that and study it and is >> the last piece i think i see accident amendment was one we got from the members of the public about insuring we were not allowing property owners to play with their nephew in order to capture more space and so i know the incision was we amended the envelope of january was that incorporate

i question is about unintended consequences for routine -- for president routine? are the further movement in the caucuses, in particular because of what has happened to the tartare is in the media and what the russians had done? i have a feeling that could be many unintended consequences for what has just happened. >> the first thing is a comment on comments. this could lead to further invasion of russian troops. and i think that is the case. obviously, we are seeing routine operating based on some kind of he isl picture that constructed about what is going on in ukraine. it doesn't really matter what ukrainian government does or doesn't do. he would still be talking about polygrams and riots and missing journalists and people being tortured. none of it is true. that is still a picture what is projected to the russian consumers. it is also the picture that russia is trying to eject people in the west through their media channels and so on. should beknow that we careful and not do any of those missteps, that would be one thing. -- regardless of what we do or don't

toyota will have to admit it misled customers about two safety issues related to unintended acceleration problems. they say they have made challenges to be a more responsive and customer focused mission. >>> late last night, the city voted to raise the minimum wage to $12.30 per hour. the increase will take effect in the court of three years. right now minimum wage workers get about $8 per hour. there was talk about raising that measure and taking it to voters in november, but they decided they had the authority to make that decision on their own. a single mom said a higher wage will make a world of difference in her life. >> more time with my kids, more time doing homework, and still be able to pay the bills. >> they think the extra money may cost more than they can afford. the minimum wane is $10.15 per hour, and $10.40 in san francisco. >>> have you checked your lotto tickets this hour? christie smith joins us live by a liquor store where a winning ticket was sold, good morning, christie. >> we just found out that someone gaming to be the winner has come forward, and officials are try

we have toyota reaching $1 end to probeement in those cases is of unintended celebration -- unintended speaking right now is attorney general eric holder, transportation secretary anthony fox about to speak. you can watch it live on our event channel at bloomberg.com /tv. more "in the loop" live from new york and san francisco still to come. ♪ >> here is a look at the top tech stories on our "bluebird west" -- bloomberg west radar. third-quarter sales that missed estimates. oracle is facing more competition from companies selling internet-based programs. a big victory for google in its fight over claims that it illegally scammed private gmail messages. a judge in california has fused to let the case proceed -- refused to let the case proceed as a class action lawsuit. that would have put pressure on google to settle. a shakeup at china's biggest internet company. the cofounder has resigned as executive director and chief technology officer. it just reported earnings that missed estimates. i'm sure there is much more to this story to come. check all the latest in tech and west"only on "

contraceptions for all sorts of reasons from regulating the cycle to end meet tree yoasis to avoiding unintendedcies. >> slut bags. [ laughter ] >> we believe that women and humans do have sex and sex has consequences. >> tramp virus [coughing] excuse me there was something in my throat. it was a (bleep). it wasn't. it would never be. that's disgusting. it's disgusting the amount society spends annually on sexual health care. $782 on viagra and cialis. those are for men, right? >> medicare has spent $172 million on penis pumps in the last five years at $360 a pop. >> wait, medicare funds penis pump? >> yes. >> medicare provides penis pumps at a cost of $360 a piece which is never debated once. not once never. >> oh, my god it's incredible. >> i know, right. this is what we face every day. >> so for less than a dollar taye day a man can restore the gory of his erection? it's amazing. she didn't understand that women's selfish desire for sexual health and gynecological exams pales in the need for men's erectile dysfunction. >> i would like to see a public debait. >> there's no question that medica

i know folks from the public are concerned about unintended consequences and this elective was createds a volunteer regime we want to see when a property owner want to legalize their units. there are questions raised i appreciate the hope that somehow the passages were shared with the tenants. we know the challenge is that tenant are having changes staying in our city and the way we've structured this we know that some owners will not be able to pay for the cost of legalization we don't do that but if a owner can pay their able to moved and to take care of that cost we again want to see how this goes. the late issue i want to raise is around the feedback we've heard opposition from the neighborhoods in district 7 that's 98 percent of the feedback and sort two observations we are we've heard there are many in-laws in those neighborhoods where elders are renting them out. but there's was the issue of restrictions and how this legislation might impact that i want to say i had no intent to interfere with the cc r. i want to ask the deputy city attorney is there anything not record that wou

they'll pay 1.2 billion for misleading federal regulators and consumers over complaints of unintended acceleration in the vehicles. attorney general eric holder said toyota intentionally concealed the safety issues behind the recalls. >> toyota's conduct was shameful. it showed a blatant disregard for systems and laws designed to look after the safety of consumers. by the company's own admissions, it protected its brand ahead of its own customers. this constitutes a clear and repry helpsible abuse of the -- reprehensible abuse of the public trust. >> there has been five deaths since 2006, among them one that claimed the life of a highway patrol officer and members of his family. the settlement cams as general motors grapples with massive recalls, and whether gm waited too long to report a faulty switch problem, linked to 12 deaths and multiple crashes. the c.e.o. apologised admitting it should have acted sooner. >> as a member of the gm family and a mum with a family of my own, this has hit home. we have apologised. that is one step in the journey to resolve this. >> federal investiga

the law of unintended consequences is having a big impact now. i met with some of our executives in missouri a few days ago. they said their fastest-growing unpaid debt group is now among the insured with high deductibles. deductibles so high that many insured cannot pay the deductible. that sliver of health care is a problem. deductibles are generally higher than the have been before. . the deductible had to go up. often the premium went up as well. these are critical issues we have to deal with. i want to talk a little bit that the medicare issues need to be dealt with and what we can do to deal with them. concerned as were 39 of my colleagues. 19 democrats and 20 other republicans signed a letter to before thent and cmh medicare advantage cuts were announced or as they were being announced. he said do not cut this program anymore. peoplemake it harder for to supplement their insurance. do not make it harder for people in a noncompetitive market place to have a competitor that allows them to pay that part of the bill. what will happen is you re

. >> the obama administration says it helps prevent unintended pregnancies. >> religious businesses try to exempt themselves for gay and lesbian couples. >> religious objectors would come out of the wood work and they ask about the rights of female employees. now justices will decide if fore profit businesses should as well. >> the emotional nature was clear as people protested outside of the supreme court despite the snow. inside, the justices were nearly as divided. >>> three extreme skydivers are now under arrest accused of parachuting off of the nation's highest skyscrapper. hard to imagine this, right? it shows the jump that happened last fall. the three base jumpers and a suspected police turned themselves into police yesterday. they tell the sister station that one of them was a iron worker. the jumpers got up to the tower through a gap in a fence. that jump is just one in a series of daredevil stunts that has taken place at the tower. a teenager told police that he got through a gap in a fence as well and slipped pastjfeízno ca. a cal tran spokes person says it is standard pro t

change order is coming no to degrade the contractors in the room by we were looking at the those unintended consequences and looking at the long-term maintenance and operation of the building we don't want to build a building okay. we got to done but it will cost so much to maintain it is a balance we're looking at all of those things into the greatest detail as possible >> okay. i guess my final question looking at steve's report and the construction milestones it's hard to see which package lines up but many have xeroflo i don't know if this float column is days. for example, we have 35 days of float on the exterior curtain wally assume we're there before we do the rebidding which will exceed 35 days of interiors to 35 days of float. i'm not suggesting we shouldn't we bid but how do we recover the schedule because based on those new bid days we'll be in the negative >> we'll rescheduled to determine how much time for redesign and bidding and not delay the project. based on our face track effort with the design team to get those on the street we've made jachlt that won't result in the dela

some days the things we do have unintended consequences and the rising rents keep the unit off the market. so rather than have to put up with the rules they find other ways to pass them into ownership status and waiting until all the tenant move out it's hard to say. but i found that interesting i'll try to do more research on my own to find out >> commissioner sugaya. >> yes. yes morning i attended the ribbon cutting and the opening of the center for youth well in-laws out in the bayview at the 3450 thirds street the mayor was there and the attorney general was in attendance and supervisor cowen it was a well attended event and as you remember we had a little bit of controversy over it from some neighborhood people but it seems like an excellent facility. >> commissioner moore. >> i read an article yesterday, i want to bring to the commissions attention we all know post street particularly in the upper floors you have art galleries and other speciality services and apparently on 77 gary which had at least five or six art galleries all have been tempted for offices. many of those gallerie

the settlement has to do with the handling of consumer complaints tied to unintended acceleration. the government was investigating whether toyota misled authorities about the complaints. the acceleration problem prompted toyota to recall millions of vehicles beginning in 2009 and may have contributed to dozens of deaths. under the deal they are expected to avoid criminal charges. >>> the search for the missing malaysia airlines jet expanded to a vast area covering 2.9 million square miles. they say the plane changed direction at least 12 minutes before the copilot sign every off. they found nothing to indicate it was planned. thailand's military revealed its radar spotted the plane turning west. a pilot who flew the same jets say it is one of the youngest in the malaysia airlines fleet. >> it is more solid than anything else in the world. for it to disappear the way it is, lots of questions. >> they say it is just a key stroke to take them off course. if they suffered mechanical failure it would not fly silently. the jet flew for hours with no distress calls. >> a news chopper in