. >> we will come to order. we are excited about the hearing we are having today. we think our witnesses for taking the time to be with us. i do not think this could come at a better time when the nation is beginning to focus on our place in the world and obviously the presidential races that are underway are going to heighten that focus. witnesses have served in very substantial roles , dealing with daily crises that occur within an administration. the senate foreign relations removed fromich is that, should be a place to look , and yet arevities able to have some distance to look at some long-range issues that we need to deal with. hearing -- this hearing is a step in that direction. we are thrilled to have you both. what i would love to hear is, first of all, some of your thoughts about our current crises that we have, everything from russian aggression to the middle east to transnational terrorism, upheaval in europe, the north korean sabre rattling. second, in light of these events, it is my hope to explore your thinking as to what core u.s. interests are. tha

we know that we need to do more on that. and again we will provide a list to you supervisors in the next seven days about the status of the businesses. and i appreciate hillary roden, and supervisor campos' and everyone is accounted for. and we realize there needs to be more coordination with spc and heads up on what businesses are coming down the pike, and what is in their file. and when they go to the commission everything is in place to move forward as quickly as possible. and as i mentioned we have a new hire for the registry position and posted yesterday and looking to hire that person before the end of the fiscal year, may be a little in july but push as hard as a can on that. >> thank you, mr. ruffo. and i don't know if there are questions but supervisor kim has joined this panel. mr. ruffo, we met for the first time yesterday, and you came on with the city after i left 7.5 years. and i am not casting dispersions on any individuals, and maybe we are aware of and maybe not as acutely as we should. but our affordability

we know that we need to do more on that. and again we will provide a list to you supervisors in the next seven days about the status of the businesses. and i appreciate hillary roden, and supervisor campos' and everyone is accounted for. and we realize there needs to be more coordination with spc and heads up on what businesses are coming down the pike, and what is in their file. and when they go to the commission everything is in place to move forward as quickly as possible. and as i mentioned we have a new hire for the registry position and posted yesterday and looking to hire that person before the end of the fiscal year, may be a little in july but push as hard as a can on that. >> thank you, mr. ruffo. and i don't know if there are questions but supervisor kim has joined this panel. mr. ruffo, we met for the first time yesterday, and you came on with the city after i left 7.5 years. and i am not casting dispersions on any individuals, and maybe we are aware of and maybe not as acutely as we should. but our affordability

will we ever be successful? >> we have to be. and it has to be -- >> i know we have to be, but -- >> it has to be multifaceted. we have to do the security, but we absolutely have to do the capacity-building, the development assistance, the good governance with this government. we have to do both. we can't do one or the other or we will fail. and it will be long term. but i have to say, the nigerian people want us there to assist them on the security side as well, because they know that their government doesn't have the capacity alone. they want thus on both of those areas, not -- >> let me ask you this, nes internally, how do you think it will affect the views of the people inside nigeria as we increase military aid to the very people who they fear are using it to harm them, harm the shia inside the country, for example, the government forces themselves? how do you think that will affect how they perceive how the united states is playing inside of nigeria, and what could be the consequences of that, if that persists? >> the polls

so, with that, we go through and we explain to you with the best abilities we have what we can do with the information presented as far as taking that information that is in those loss ratio reports and projecting that forward. it is not a large amount of information and we look at it and we actually compute what the trend rates are and look at our book trends as best we can and project what the rates will be relative to the experience we have. we have quite a few trend numbers here. some are negative, some are positive, but we blend them and go forward with the exercise of projecting experience. >> you are saying that blended result is a 6.5 percent increase? >> yes, for the categories as we go through all of it. historically looked at every component of this for the actives, the early retirees, for the medical and the drug and present it to the board so as a matter of practice we went ahead and did the same exercise. it's a small amount of expense and we projected it forward and we compared that to the rates we presently have for 2016. and when we did that, we bought down the rate fo

anything else we can think of, we would take into consideration for that. >> we need them. >> we need them and we -- >> we'll have further projects. >> we sat with home to in their strategic plan as well and we're meeting with them on a monthly basis, greg and i. >> keep them ingrained in what we're doing. >> exactly. >> i'd like to thank our own commissioner sanchez for representing the commission. i'm sure that's no small thing. >> i would add that again, this is separate pertaining to these materials and supplies that would not be in the budget under the city contract were picked up on the radar a couple of years ago. and as we know, many of the donors wished to be confidential at that point in time. in order to move forward on this. but as stated, there are now numerous public thank yous pertaining to the unique leadership. bear family and you name it. all have been within their own zones been honored. there was another event which was sponsored by the art commission to thank many of the donors who had been in the arts and served and donated to this where the artist and the commun

so, we need to get better. can we cut that time down. we need to get better at cap. all of these are things we learned navigation and if were serious about taking this across the system we need to staff for that and we need to find places where we can all sit down and talk about these things. again i want to really thank hesba for pushing for this and going to the table moving forward on this. thank you very much >>thank you very much. is there any other members of the public comment that would like to comment? seeing none i will close public comment >>[gavel] >>we had a suggestion from supervisor yee of an amendment to take the injection sites out of this legislation but i want to make it very clear that me and my office are very committed to moving this program forward and everything needs be done to make this program successful and we will be introducing this as soon as we can to the full board and as i mentioned a number of us today are going to see the program in vancouver. the 2nd point is that i would ask that this item be forwarded to the board but also one o

more than we are buying power so just like to ask we do what we can. >> thank you very much. any other member of the public like to comment? seeing none, we'll close public comment. i think our website is really critical the next few months so we can see how we can measure what is working along the way and make updates, that will be great. next item, please. >> item 4, final report on the stid oon what the city and county of san francisco can do to help increase voter turnout. >> jason fried execive office. we did a presentation last month on the draft report and received comments back and made edits. most of the edits are technical in nature. there were two areas where we did addition to had report itself. when i say addition i talk like a paragraph or two. on the vote by mail section we didn't discussialo county, they did do a vote by mail. something similar san mateo so added information about that and we did do there was a piece of legislation that was introduced at the legislative level we mentioned at the last meeting but not in the report done by assimbly member david

it was important that we discuss our differences that we have, but it's also important that we discussed the core principles that tie us all together. principles like the constitution, the separation of powers, and the fact that we have an executive that has gone way beyond the boundaries of the constitution, and how it's important to us that we restore article 1 of the constitution. it's the principle of self-government. we talked about life, and how strongly we feel about this core principle. we talked about the supreme court, and things like this. i was very encouraged with what i heard from donald trump today. i do believe that we are now planting the seeds to get ourselves unified, to bridge the gaps and differences, and so from here, we are going to go deeper into the policy areas to see where that common ground and how we can make sure that we are operating off the same core principles. and so, yes, our first meeting. i was very encouraged with this meeting, but this is a process. it takes a little time. you don't put it together in 45 minutes. so, that is why we had, like i said,

we are like a third world country. and what we do is we are ordering planes.er countries are ordering modern planes that are clean and beautiful. we are putting junk back on our planes, and we are putting our e, and in theree stripping other planes on the runway because they cannot get the planes to work. they are using, essentially, 60% of funding. is this the united states? is this our country? obama does not care. he cannot care. he cannot care. he cannot care. so what we are going to do is our military is being depleted , at a time when we need our military probably more than ever before, right? we are going to have a military that is going to be so big, so strong, and so powerful that nobody is going to mess with us. just remember, nobody, nobody. and as part of that, and to me, very important, we are going to take care of our vets. because our vets are being treated badly. [applause] we are going to repeal and replace obamacare. obamacare is a disaster. [applause] we are going to terminate common core, and we are going to have local education for your ch

do we have problems? it indeed we do. do mystically, our economy continues to say, internationally we are losing some of the respect as a global leader that we have earned over the course of decades. as a current presidential election has demonstrated, americans are losing faith in institutions from washington to wall street that abated our advancement over the years. the same time, must a the world like china, brazil, india are catching up to us. that is largely because they have adopted or are adopting our paradigm free market. that should not therefore be viewed negatively in my view but as a positive trend because it is helping hundreds of millions of people rise from poverty. still, it is my view, notwithstanding the fact that we have slipped a little in recent years, that we should remain the world's p.m. and it leader for the foreseeable future. we should accept that responsibility and not shrink from it. if we do not exercise power, other people will. we are simply too much at stake in the world today to walk away

we are at the top. we are a small program. we don't want to change that.to keep the small community collegial feel, which is part of the innovative way that harvard does engineering. that will enable us to be at the top of the field on a scale basis. >> it is really impressive what is going on over there. how are things going with diversity, getting more women to be engineers? are you happy with that trend? do you feel like you have more work to do? how is that going? prof. doyle: both. we happy with the trend, but we have more work to do. we are at roughly one third women in the bachelors program, the undergraduate program, what we call a concentration. that compares favorably to the national average of 20% of engineering bachelor's degree going to women. it is no reason to rest on our laurels. if we make the top 10 rankings in that regard, but we have to keep improving. we have to push the number until we get closer to demographic in the population. emily: how do you push that number, how do you attract more women and retain them? prof. doyle: we have to

that we never had when we had the other, quote, hospital bill, we know that for a fact and i really think that we're setting a whole new pattern of involvement and leadership pertaining to public health, county hospitals, and excellence that no one that hopefully other cities will be able to duplicate if they have the resources to generate it and more importantly to maintain it. that's our real commitment, to sustain it and to ensure that due diligence and leadership is in facting there as we continue to focus on our unique needs of sf general. well done for everybody but again it was a really unique pathway i've never seen before and i've heard many, many excellents from so many people from industry, from the community, from other academic science centers saying, wow, this is unbelievable. yes it is and we as a department, and the city, it's a commitment we have as a city and the leadership we had the last years to make sure that it is a flagship of excellence and it will be a flagship of excellence. thank you. >> i might just note for information that the completion of the rest of

we know that we need to do more on that. and again we will provide a list to you supervisors in the next seven days about the status of the businesses. and i appreciate hillary roden, and supervisor campos' and everyone is accounted for. and we realize there needs to be more coordination with spc and heads up on what businesses are coming down the pike, and what is in their file. and when they go to the commission everything is in place to move forward as quickly as possible. and as i mentioned we have a new hire for the registry position and posted yesterday and looking to hire that person before the end of the fiscal year, may be a little in july but push as hard as a can on that. >> thank you, mr. ruffo. and i don't know if there are questions but supervisor kim has joined this panel. mr. ruffo, we met for the first time yesterday, and you came on with the city after i left 7.5 years. and i am not casting dispersions on any individuals, and maybe we are aware of and maybe not as acutely as we should. but our affordability

we we are probably had thousands and thousands of travelers, we know over 500. i think there are issues with probability. it would be great to know what the chances are but i think the reality is, one bites and if you're pregnant, your baby could be harmed, that is a phenomenal problem to be working on. that really motivates the cdc, we have over 1000 people as part of our response already. there is actually 11 different centers centers and cdc are involved because it's birth effects and mosquito experts in infectious disease folks. the probability only gets you so far if you're pregnant. >> the other issue and was saying, it is counterintuitive you come back from brazil or puerto rico say i made it, i'm not affected so why should i put on put on mosquito repellent. the other interesting thing is that it is complicated and confounded by the fact that it's sexually-transmitted also. some men who return, especially from men to women but not women to men because we've been able to demonstrate the presence of the buyers through after someone has been recovered but a

because you see, i think we are great. but i think we can be greater if we do what we must do. so many of the targets that donald trump and so many of the other republicans aim at, it is part of how we became great. this effort to undermine worker rights and union rights is undermining the middle class. undermining the core of who we are and how our economy operates and how we can get stronger and more prosperous. attacking immigrants? we are a nation of immigrants, right! attacking muslims? well, muslims have to be on the frontlines to protect us against terrorists. they have got to tell us what they hear and what they see. that is what we learned in new york after 9/11. i have lived this. and one of the ways we picked up information was by making sure that american muslims understood that they were welcome to pick up the phone and to call the police and to report what they saw and what they heard. it helped to keep us safe and it will again. that is why we cannot be dividing ourselves. we need to be united against terrorism. [applause] clinton: and demeaning and denigrating p

and so we don't focus on the single year, but we look back, and we in what we say that we do is the wayhat we do it on the other project and we also, before we did something, and someone did not qualify, we give them the opportunity to submit additional information and if they don't have a line of credit and or if they don't have the bank reserves to meet the payroll, all of the things to be able to do to do the work. >> so a look back at the average three years. >> okay. >> could i add to the previous questions regarding the whether a firms that the experience, we tend to focus on the individuals, because we recognize that a firm may be new and they have not done a remodel of a particular type. so we asked for the rest of the individuals because most likely, they will have past experience and that is an easier way to help them meet the qualifications. >> would these evaluations moving forward be on the individuals or the company. >> well your question specific was about relevance, what if the lbe was not doing the work, would they be prevented from doing it. >> and make sure that we do

we want to win. we want to bring that competitive spirit for what we do. we want to bring that. ge is a working person's company. people get back to the community. they know what it means to give back to public high schools, to volunteer in hospitals and things like that. i think you will find us a generous neighbor and town. those are the things that we can bring to the city. the startupools and ecosystems in boston is amazing. more than 50 universities, lots of alums are with ge. the historic startup culture is astounding. industries, the town does extremely well. we want to be part of this ecosystem of universities and scholarships in this sea of ideas. 20% of the s&p 500, as we sit here today, is from consumer internet companies less than 20 years old. they are in san francisco and seattle. almost all of their leaders went to mit and places like that. my thought is, there might be a chance to be a good convener here. the next generation, in 15-20 years, probably 20% of the s&p 500 will be the merger of data and physics. this is a real -- there are buzzwords, industrial inter

we have staffed up. we have a fire liason now 24/7. when i got here it was 16 hours of the day but a lot of instances between emergency personal and someone in the reoperation center, fta is monitoring the activities daily at the rail operation centers to make sure the proper procedures are being followed. we are doing spot testing of our controllers to make sure they are part of all exercises and in effect we throw curve balls at them during the exercises. >> i have a question for ms. flowers, too. the committee is concerned about wmata safety and the reliability for sure. but we are concerned about the need for all transit agencies to their eficiency. my question is what is the fta doing to ensure transit agencies recipients are most efficiently using the limited resources they are receiving? are you considering contracting out work through competitive bids whenever that is appropriate, ms. flowers? >> chairman graves, we have program management oversight as well as grant management oversight of our grantees. we do contract out some

so we're -- we understand that we put it off. but we put it off to include all of these very important updates. and now the language capacity. i can't tell you how dismayed i was to hear the stories of the issues that our folks found at a recent lease up. and you can rest assured that particular subagent is being addressed. but it opens the door, it's more -- it's not just that lease subagent, it's a problem that comes in, it's a systemic problem; right. from the last hearing we heard you, and we implemented a training process with the developers prior to the marketing beginning. so that we bring them in, and we sit down with them and talk about customer service and the different populations they are serving. but clearly it needs to be a little more robust. and it needs to include some cultural sensitive training. and so we are -- implementing that, we're coordinating that right now to start implementing that with the next developers that come into our before marketing. and clearly the inclusionary manual needs to be more explici

we need them. we knew we had them.: looking back, what would you change it in the realm that you could have done different after this diagnosis? lucy: that is a good question. huh, i am not even sure. i really need to think about that. i am sure there are things. i think i don't feel a lot of for grant, -- a lot of regret, which i am grateful for. charlie: regret about a life -- knowledge -- a life not lived? lucy: he suffered, but he found meaning. that is comforting. charlie: what was the meaning he found? , because hek he found purpose. whether it was having the child or writing the book, he really did feel driven. bookf the reviews of the that it was crackling with life. it is funny because he really was crackling with life. he was dying, his body was collapsing, but he was really engaged in life. i think that is -- that brought a lot of comfort. there something about grief that i might change or share about myself in the future. it is funny because paul died exactly 14 months ago today. it is so helpful to talk ab

we got a problem. what we learned? look, we are policymakers appear and we want to solve a problem. we get that part, but if we are to the point where we have an addictive problem, but we are trying to prevent that person from going onto the hero hero in part, what works? in your experience, what works by way of intervention? >> one thing, recognizing addiction is a disease and therefore we have to get people into addiction treatment, which is medication treatment, five sup-- psychosocial counseling and wraparound services. 1 dollar invested in treatment saves $12 for society and that is something we should invest in >> thank you. thank you, mr. chairman and thank you for the hearings. they were quite informative. >> we were the only once in congress and got criticized for them, but we went through government operations and then years ago with the ranking member here, so thank you again. the gentleman from wisconsin. >> i would be remiss if i did not mention next week in atlanta we are having a national prescription drug abuse and heroine summit. i hope that you will be there. i hop

we have met many times and we will get through this. we cannot fail. we simply cannot push the can down the road. the time to act is now and i believe that we are on the road to a comp pushing that. -- to accomplishing that. >> i thank the gentleman and i think it is important to k put intothe work o this. i concur with my colleague. if we are going to do this and get it to the president, it needs to be bipartisan and that is the goal and the intention. for fivee record open legislative days. we would like to recognize our witnesses today. megan brennan. chairman.e acting lorrie, of the director at the government accountability office. lawrence. and frederick. we welcome all of you. thank you for being here. all witnesses are to be sworn before testifying. please raise your hands. do use only swear that the testimony that you are giving will be the whole truth and nothing but? thank you. swear thatolemnly the testimony that you are about to give will be the whole truth and nothing but? thank you. your entire written statement will be made part of the r

we think we have better ideas, we are fighting property, we think we should compete, we have welfare programs that have worked, we think our national security is a mess. we had to have a doctrine and a philosophy and a military that is capable of fixing that. and the last when i was a, which i really believe transcends party labels is, we need to restore the constitution and the article one of the constitution. but that means is, the laws that we live under should be written by we our elected representatives. this is not just obama's fault, although he has taken it to a new level, we have this fourth branch of government, unelected bureaucrats writing our rules, writing or regulations, that govern our society. that determine our business is run, her schools were, governs almost everything we do. and guess what i, as your member of congress have no say over this. laws are not being written by us through our elected representatives. one of the foundational principles of this country is that we are self-governing people. we believe in self-determination. we believe in govern our consent

more than we are buying power so just like to ask we do what we can. >> thank you very much. any other member of the public like to comment? seeing none, we'll close public comment. i think our website is really critical the next few months so we can see how we can measure what is working along the way and make updates, that will be great. next item, please. >> item 4, final report on the stid oon what the city and county of san francisco can do to help increase voter turnout. >> jason fried execive office. we did a presentation last month on the draft report and received comments back and made edits. most of the edits are technical in nature. there were two areas where we did addition to had report itself. when i say addition i talk like a paragraph or two. on the vote by mail section we didn't discussialo county, they did do a vote by mail. something similar san mateo so added information about that and we did do there was a piece of legislation that was introduced at the legislative level we mentioned at the last meeting but not in the report done by assimbly member david

we can learn. we can choose. can tell our children a different story, one that describes a common humanity, something that makes war less easily and cruelty less accepted. of thethese stories woman who forgave a pilot who flew a plane that job the atomic bomb because she recognized what we -- what she really hated was war itself. familiesho sought out of americans killed here because he believes their loss was equal to his own. my own nation's story began with simple words. equal, and created endowed by our creator with certain unalienable -- in alienable rights, including life, liberty, and the pursuit of happiness. realizing that ideal has never been easy, even within our own borders, even among our own citizens. staying true to that story is worth the effort. it is my deal -- an ideal to be strived for, an ideal that spans across continents and oceans. the irreducible work of every person, the insistence that .very life is precious the radical unnecessary notion that we are part of a single human family. that

bruce: we think we will get to.ight about the economy and also the global economy, i think that is an important part of the story. i think the economy can handle two. tom: this is the love note from friday. i will not send it out, folks. we protect the copyright of our guest. note onthe anti-gloom wall street right now. jamie dimon calls you up and says, "we on the economy -- i'm kidding, we know he is not. what to say to an anti-gloom person? bruce: he is in fact more optimistic than i think we are. ok forly, the economy is now. what we saw at the beginning of the year was misleading terms of where the trends are. the economy is still moving. the problems we have is with the underlying markets, profitability. there is medium-term concerned for that. for now, i do not think we should be worried about 2016. tom: what is so cool here is with rate rises, no one is talking about the economy. out thatt is pointed the difference between the slowness this year and last year is the q1 slowness was balanced with two other sl

duct tape works. [ laughter ] >> but we were -- we know what we were doing. i don't want it to sound like we didn't have a real good idea of what we were doing. but we knew. but we also knew that we had to do what we were doing, otherwise the infantry would not survive on the battlefield. and they were ours. they were ours to make sure they survived. and my wingman ed freeman too tall in the movie, he was played by sam elliott. and -- no, so many played sergeant major. anyh anyhow, ed was one hell of a good helicopter pilot. and we had been together for ten years before we went to vietnam. we had five company commanders that were engineer officers that had worked in the toppo units and we had been together. so we knew each other and trusted each other and trusted the infantry. we had eight battalions of infantry and so we -- we had a marriage -- a normal relationship with the infantry and how more in the -- hal in the seventh was my heaviest load. they were able to find the most trouble. i think they knew custer personally. [ laughter ] >> but big ed freeman

we have the foundation and a crane and we put it up.d if we could help them. ♪ the main thing the drives these women his passion and commitment to the earth. they love to get their fingers into it. they love to make a difference. they lovto work from a position of where they are and make something better than it was. i do not know that they have something that is different from everyone else. i think that it's a seed that is planted in all of us, that given the right water and the right motivation and inspiration we can all become leaders like that, from our own perspective. and i think that is the beauty of watching these women. i think it is one of the things that people gravitate to in this film, because they can see themselves and they can say, well, if she can do that, i can do that. >> whether we ke it not, sometimes it is as women -- it takes us women to start in make that change, if for no other reason, then to start with ourselves first, then our children and our families. it is by design. we are made that way. and if oureart i

every year we hire 200, so we have to hire 500. i must be honest with you, i don't know they are out there. we will try to get them, but it is very difficult. >> what are the qualifications to bhee a substitute, what do people need? >> you need a ba or bs degree and pass the [inaudible] examination and you apply for a substitute permit. >> i assume if you are studying in college, that is not-you have to have the degree already? >> we seek out student in a masters program. if you are still getting your ba we can't bring you on board. we have substitute paraprofessional squz those are people we can bring on board as well. they make a lot thes less but it is a entry. >> final question, to what extonet is transportation-housing that is the big question, right? we are doing what we can, but in terms of transportation to what extent is that a issue? i can see a substitute teacher that ont makes $150 and gets a parking ticket that probably takes up- >> yeah. it is a real issue because in the survey they told us it is very difficult, i go

we cannot do based on what we have today. but we want to get to mars t with the people coming out of the schools and colleges wanting to design neww technology. >> you ask if we are investing. i'm not an economist but it is pretty clear at least to make sure how you invest with many hundreds of billions of dollars per capita is well known something like 18 or $19,000. then retake up a highet percentage that don't go to school in you pointed out wepe are number 29. you can never spend enough money into shouldn't waste money on things that don't but i am concerned about that. >> the entire cost to have a first team you cannot monetize the passion to volunteer as the technology people there isn't enough money to pay them but they all work for free i always thought getting industry to donate would be a the hardest part it turns outst industry knows that is the great investment with tens of thousands of schools here is the staggering thank almost all of it is locked into a fixed cost that s cannot be changed. they have enough for

are we spending more? are we more reluctant? what are we doing in our baskets? the consumer has more money in their pockets than they did a year ago. on average, about 10 pounds more a month than they would have a year ago. i think all of the evidence points to them spending that money on some of the large ticket items. holidays, for example, and cars. unfortunately, not much of that money has come into the food retailing space. i do think consumers real more confident. i think they are catching up to the spend that they underwent during the recession. i think they are catching up on some of the big ticket items. let's hope, in the future, some of that filters down into the food retailers. anna: will they be spending it on some of the other things that thewill get a hold of after acquisition? are you confident that you don't need some sort of in depth regulatory review? john: so far, so good. we have had an offer recommended by the board of hrg. we have to go through a number of regulatory steps to get to completion, but we are progressing on those nicely. if al

we have to open when we can find them. right now the 200 units are parts of master leasting the single room occupancy hotels and refurbish them and make sure all the bathrooms and working and water and fire exits are working and master lease them so they not just owned by the property owner but we actually control and manage them. i want to have sam go throall that with you and how you can qualify. we invite you to the navigation center when we can have a bit of your background and information and from there the navigation centers open up to permanent housing. we have hundreds of new housing going on and now-whautd what we have done, i'll talk about why we created a new department on homelessness so we can coordinate all the stuff that happens amust just [inaudible] >> thank you, mayor. [applause] it is real a a honor kwr privilege to be here today and the amazing work that [inaudible] a model to how we are look and approach homelessness in general and approach it in a way that is respectful, understanding and people are i

we lose with our military, we , we lose withis trade, we lose with borders. going to lose anymore. we're going to start winning again, and we're going to win big league. so when i got back tonight and i began watching all the different networks, i could see it immediately we were doing very well. it looks like a massive victory. it looks like we want all 57 -- we won all 57 delegates. and i must say, in staying in various places in indiana we had -- i turned on the television and all i saw was negative ads. negative one after another after another. and i called my people and i said, how can we win? it is this constantly. and it was the same as florida. you know, there has been 60,000 negative ads. i got it right for you folks, ok? 60,000. in fact, two weeks ago it was 55,000, now it is 60,000 negative ads. most of which are absolutely false and disgusting. and i said, how can anybody endure this. i had one evening two nights ago where literally they had five ads on in between segments of a show i was watching. and i said, that is incredible. and the people ar

we say we think we can get this bank to be where we wanted to -- where we want it to be but , it's goingime. francine: in asia, it's a crowded market. how do you differentiate yourself? bill: it's a crowded market, but that also means it's a fragmented market. it will consolidate overtime. there is a role for different types of players. there is a role for the big swiss banks, who have a strong offshore offering. there is a role for local banks who are banking the emerging , affluent, and that's a natural place for us. that is our retail business. there is a role for those in between, which is where we fit in neatly above are retail business. -- with our retail business. for our private banking clients, we have an offshore opening in singapore and london and dubai. we have onshore offerings that are customized for high net worth clients that are also local banks with branches. in many cases, we know the corporations that the individuals are running and owning. we have a natural sourcing ground for private banking clients. ofalso have an understanding their business their local , requirem

we need to know how to win. we haven't one. all the time -- we can't beat isis, we lose with borders, with everything. we will not lose when we start winning again. so when i got back tonight, i started watching all of the different networks, i could hear immediately we were doing very well and it really looks like a massive and it looks like we want all 57 delegates. [applause] >> i must say, in saying various turned onindiana, i the television and all i saw were negative and, one after another, and i called my people and i said, how can we win? it was the same as florida. 60,000 negative advertisements. 60,000. two weeks ago, 55,000. ads,t is 60,000 negative most of which are absolutely false and disgusting. and i said, how can anybody endure this? i had one evening two nights ago where literally they had five ads in between segments of the show i was watching. and i said, that's incredible. and the people are so smart; they don't buy it, they get it. [applause] >> millions and millions of dollars were spent. they think it wa

how much do we see this lower print and what we forecasted in regards to what we have with slow downre so many issues weighing down when employers look at the next 12-18 months. we saw a slowdown in activity. in commercial real estate that was because volatility slowed down borrowers and made them less key to close down loans. we are seeing that changing. it.le get used to i think it is ironic to hear investment thanks talk about paralyzing volatility. in recent history they have done well with volatility. eric, i want to turn to you. cold is altogether for us. the initial 168 was disappointing. there are other things that are more encouraging. you have been through many job reports. what you take away from this? erik: what we see in april that is different from what we saw in march or february or january is that job growth is now coming in relatively well-paid industries. businesses and professional services, financial services for example. inlth care, which is average regards to amount of money you make is also putting up numbers. 34 thousand in april, 68,000 for professional servi

we are going to try. but we do have problems. we have a debtor nation. we do have problems. to -- you know, i gay a speech this morning. one of the -- i mean, the primary thing was america first. we have to fix our country. it's so broken. we have to fix it. [ applause ] >> and our conversation with 2016 g.o.p. presidential candidate and frontrunner donald trump continues in just moments. plus, we have another special guest. [ applause ] thousands of people came out today to run the race for retirement. so we asked them... are you completely prepared for retirement? okay, mostly prepared? could you save 1% more of your income? it doesn't sound like much, but saving an additional 1% now, could make a big difference over time. i'm going to be even better about saving. you can do it, it helps in the long run. prudential bring your challenges >>psst. hey... where you going? we've got that thing!u kno abdominal pain? but we said we'd be there... woap, who makes the decisions around here? it's me. don't think i'll make it. stomach again...send! if you're living with frequent, unpr

if you see we do something we call the security and we do exactly that. to reach out. we need to learn to work in different ways. but at the same time, we need to also make people aware of the fact that we need strong leaders, strong leadership and don't think the challenges are in play. >> secretary-general, thank you so much for injuyour closing comments. i want to thank the pablinelist for this really interesting discussion. i want to thank the atlantic capital for hosting us. and with that, we're concluded. thank you. >>> in addition to the graduating class, i wish you be graduating into a world of peace and love. but that's not the case. we all live in a fairytale. but i guess 1% does. >> this memorial day, watch commencement speeches in their entirety offering advice and encouragement to the class of 2016 like michael powell at pepperdine university, larry ellison at the university of southern california, and administrator of a small business administration at it withier college. >> you can count on yourself, what makes you special? what distinguishes you from ot

we are getting breaking developments as we speak. i am maria bartiroma, that egypt air flight from cairo, from paris to cairo when it disappeared was headed to cairo. official saying the plane crashed into the sea. here is what we know. the flight had 66 passengers on board including crew, including one child, two infants, none of those passengers american. egypt there is saying the plane sent an emergency signal two hours after it disappeared from radar. greek residents and a merchant ship captain saw a fire in the sky. family the move on board going to charles they gaulle airport, cairo air force for any updates. we went to check global market action and see if there is any reaction on this breaking news. mixed performance, very fractured, but across the board this morning, take a look, travel related companies getting hit hard. the s&p is down 1% and the cac quarante 1%, the dec's index in germany another 1/2%. futures in the us look like this. we expect the lower opening and broader averages this morning, we are looking at any co

as we put together a expenditure plan for half cent sales tax we have a couple measures we need to keep in mind. in year 20 of the prop k plan we can adopt a new expenditure plan extending prop k between 2033 and 34. it is a easier list than increasing sales tax. we have the vehicle license fee san francisco is authorized to go after a geo plan. the region is talking pretty seriously about a probably bridge toe increase. we are trying to be strategic what will go in the half cents sales tax measure, what may fit and prepare. one thing we wanted to talk about with importance of replacing vehicles. veckerize hard to fund with local funding. that is the little bit in the weeds details but something important to consider as we put together a expendsture plan. easy math for planning purposes. we see about $100 million a year from half cent sales tax. currently the san francisco sales tax rate is 8.75 percent and if approved it bumps up to 9.25. on the screen it is little small but at your desk and we'll put this on website we put together a table that shows sales tax rates in the surouning j

we see that border is not being sustainable as we were expecting. we are seeing conflicts. in the post-cold war cities from moldova to georgia, ukraine is a larger expression of that kind of problematic. aroundl need a table, which we have to discuss differences, understand problems. and promote cooperation, which is still lacking. and update the tools. some of these tools go back to the cold war days. they need to be adapted, modernized, and adjusted to address more challenging nature of the conflict today. so, that is the agenda we have in the osc, and is a work in progress. ivo daalder: so, our report, as professor rotfeld described, we had two reports, one that looked at ukraine, and the role of the osc. one that made recommendations to improve it. how to even do a better job, because i think, as as we concluded, the osc was critical and remains a critical part of this. the second part of our report said that we need to have a diplomatic strategy that is both immediate and longer-term based on the implementation of minsk. we said nothing can happen until then fundamenta

>> we do. there's out of the i license of 28, there's five that have 2% or more of the gdp and nine that have increased their spending. as you know from the wale summit and looking forward to the summit, that commitment is one of the things we're focused on. >> i feel confident to say those on the eastern flank are communicating very, very serious ly act the light of russia. i think that's true. the remainder of our allies as well. however, you know, to the south, you've got a different, but just as important a threat and i think one of the important things if confirmed that i need to do is recognize all of our threats. and help our allies to be unified. >> in closing, i want to associate myself with senator graham's comments and also make the point because people watch these hearings, take a lot from them. i don't think that there's any serious discussion among any member of congress. that would suggest that anyone thinks that withdrawal from nato makes sense. and the rhetoric and political ci

we are about seven months in a we see some trends. we see it moving from those merchants that are ready to merchants that are not chip ready as you expect. we see it move from the in-store to online as we saw in urope and other countries. the process for a merchant to become chip ready is called the testing and certification phase. every merchant must go through this. we can talk about more details on how it works. sometimes it simple if you are a one terminal merchant. you can use something like this which attaches to the cell phone. this makes this instantly ready to take chip cards. if you are a big-box retailer, they have spent many months getting ready for this transition. where we see challenges are the midsized retailers. they have systems that are somewhat complex but not as complex as the big guys. in terms of the certification process, everything that is part of the transaction has to be certified. if you're using something and by this off-the-shelf, this has been pretty certified. in the case of a big-box retailer in your s

we can help, we can help appear with a major -- we can help up here with a major piece of legislation. we have problems to deal with but that will be another day. quickly, but you healthed the corpus of benefit trust fund. ight now we are required believe to hold that in treasuries, which for the past few years has been dismal in terms of what it returns to the fund. and i know part of the proposal suggests that maybe 50% of that by amight be managed commission. could you talk about that a bit? mr. ronaldo: what we were talking about doing is having a board that would govern this 75%.would invest 50% up to we looked at the. going back to 2007 -- we look at the period going back to 2007. keep in mind, this would have been through the worst recession in 8-0 years. would have earned something like 7%, just as an example. >> we have to be careful with that but that is a reasonable cover my spirit i think my time --is a reasonable compromise. i think my time is up. we now recognize the gentleman from north carolina for five minutes. >> thank you mr. chairman. i want to start out by saying

we work with them. we feel that we contributed to their success.nd that's really, really, really important. >> mongdeleon -- i can't pronounce it. >> you can call it mom. mars orbiter mission. >> mongleon. administrator bolden, you've been -- >> it's charlie. >> charlie. nasa's been doing this for a long time. and you've got now these new entrants, new innovation, new money, disrupting the industry. i wonder, george, if you could talk a little bit about, because you work for charlie as his chief of staff. a little bit about the cultural differences between the sort of ethos at a place like virgin or blue oirnlg or spacex versus nasa. how are they different? how are they similar? >> charlie is the captain of an aircraft carrier. >> we turn slow. >> and it's an amazing organization that has a lot of different capabilities. what the new companies are dpog are trying to do one or two things well. i think it's the most exciting time to be a young aerospace engineer than in decades. and the reason i say that is because there are so many different opportu

we take that's. -- we take bets. we scale up. we scale down.involves looking at a lot of data and understanding the audience and your skill set. and always be alert and ready for change. we have to be ready to allocate differently based on what we see. emily: you are launching a tv show on a&e. what is the overall vision here? jim: we talked about programming for the snapchat audience. i mentioned it's a different kind of storytelling medium we are excited about. television is a storytelling medium that a lot of people are interested in as well. whether it's snapchat or television or a website or facebook or any other thing that comes along where we see big audience potential to have our brand speak to audiences, we will be there. our fyi partnership we are excited about is with the brand curb and this is our house and home in real estate. we are going to tell some exciting stories. and tell stories about big housing trends. this is what we know well. we are excited to partner with fyi, somebody who knows tv well. an program to a new set of aud