commissioner wynns. >> thanks. for the listening public we should say we interchangiblely use the term piece, the public education fund, and prop h >> thank you for the clarification. >> miss moran >> i wanted to mention we're really excited once we do the design with our stake holder council, which is from all

commissioner wynn. >> thank you. so i see that some minimal changes have been made, which is, i think, in response to what the board members discussed, which i'm pleased to see. but i also have two things i want to say. i think over time -- a couple of things at the meeting last week i did mention in a few areas that it seemed to me it will take time for these programs to evolve and change. i want to express a small amount of frustration in the way this happens every year. that we get something that's already pretty hard to change. the kind of -- oh, we'd like a little built here, there, move a little bit. that's all we really do. and i think the time should come, especially since we're looking forward to a reauthorization, when the board should have a discussion at some time about the priorities so we had a big discussion about what student support means. there's a lot of presumption and earlier during the time that it was passed and our discussion over the years, that it means social and emotional support services

as commissioner wynns suggested, it's actually raising the poor people's spending which i think is the goal. the goal for p should be raising per person spending. if we're doing in kind, it wouldn't be meeting that goal. we should be thinking about what the purpose of p is going forward. >> just briefly to add, supervisor kim, i agree with your point regarding what the intent and how the in kind language works in all legislation. frankly, from my perspective the way the application of in kind dollars is applied against the p required dollars has been somewhat of a negotiation that occurs that results in a dollar value, that you then choose off of a laundry list of services that the city provides that vastly exceeds that dollar value which you want to plot into that in kind account. i don't know there's more science than that to it, frankly. >> one of the things that continues to come up about how p should get structured and how children's fund shouldn't be utilized for different things. it's those kinds of questions that have come up that make you go, wow, these were done very differen

commissioner wynns. >> thanks. for the listening public we should say we interchangiblely use the term piece, the public education fund, and prop h >> thank you for the clarification. >> miss moran >> i wanted to mention we're really excited once we do the design with our stake holder council, which is from all the different groups, we're going to have a number of city-wide meetings and focus groups. there's going to be lots ever opportunities to get folks involved and have that rich conversation across school board members and service providers. we hope everybody will come out and join these meetings and also come out may 3rd if you want to join the rallying cry and get it started. >> who is going to be chairing these meetings? >> we selected someone who has some history with us and they are going to be working with maria sue and i and the stake holder council. we want people who are representing the dicht stake holder groups to help us design the process. so, for example, the community coalition will have 4 seats

and commissioner wynns and were with me as well. we actually had a visit from the secretary of education during the lunch session who talked a lot more about the president's priorities on early education and the reauthorization of efpa and he also pointed out the waiver that's been submitted by the nine plus districts, including san francisco. and there was legislative visits that occurred that i actually had to get back to the city so if there's any comments that you want to make on your legislative visits to the capitol. anyone? or not. you don't have to. council always does a really good job in laying everything out and the nice thing that i always appreciate about this particular conference is we have an opportunity to meet up with a lot of staff from the department of ed who gets to share with us up coming opportunities and the way they're laying out a variety of different policies. >> all right. so are there any other reports from board members? >> i just wanted to give a big shout out to the explore and the san francisco 49er

so this is dan wynn, let me tell you about what dan did. so on september eleventh, at 4:57. public safety safety dispatcher received a call from a 14-year-old girl named tiane saying that she needed medical help for her mother and verified the address and her phone number and provided her with medical instructions. and stayed on the line with tanani and kept reassuring her that help was on the way. and compassionate tone helped tani remain calm and assisted her in providing assistance to her mother. unfortunately she and her family were unable to join us today but we do have this fine public servant representing the good work of the city that we are going to celebrate and we are going to take a moment again to hear the tape played so we hear a little bit of his work and what we are celebrating. >> do you have an emergency? >> tanin >> is the bleeding stopped or still going? >> i am not sure. feeling really tired and a lot of pain. >> and so, how hold is the patient? >> how old is the patient? >> he is 32. >> okay. >> is he awake? >> i think that he is... >> okay. is the brea

million less than one hundred fifty five million isn't well what happened to that sale with steve wynn accidently elbowed the painting ruining it so he couldn't conclude that sale. when received a forty five million dollars insurance payout to fix it and now he has sold it for more now that is damaged it's not perfect he sold it for more so in america we have a broken american dream we have a broken elbow the markets have been elbowed they've been elbowed they've been elbowed and yet just like this painting in the dream the dream keeps on selling for a higher higher price nominal price that's a ponzi scheme alleges that's the definition of a ponzi scheme that's how it works it doesn't there is no value it's just more suckers in this case the people of cyprus and the way that global banking system is connected these days the people of cyprus who had their money stolen a part of that money know all they're going to part of that money ends up going into the the inflated price of this because because you've got guys like stevie cohen who are the trolls of the bridge of the global banking s

. >> miss wynn. >> i. >> miss norton. >> yes. >> seven i's. >> thank you very much. okay. you can see how seriously this board takes every dollar. item i, board members proposal. there's none tonight. item j, request to speak regarding general matters. i have a number of speakers cards. i also have a list of folks that called to sign up. on the dismissal, i'd like to give this group a total of 15 minutes to speak on this item so i'll read off the names of the people who called to -- and the cards that i have. if you can please, as i read your name, line up at the podium and when we're ready we'll begin timing the 15 minutes. so doctor, mr. pedro, marie ramero, doctor richard, evelyn, michael, carry, carmen, marty, rudy,. so we will begin timing now. you have 15 minutes for your entire group. >> i am rosita, professor of american and [inaudible] where for more than three decades i directed the preparation of teachers and administrators for the san francisco public schools. i join concerned filipino educators and community members and advocate quality education for filipino

. >> commissioner wynn. >> i just wanted to say a couple things. one is that reserve is -- this is not a reserve. i don't know why we use the term reserve because this is actually the support for the weighted student formula. this is the money that keeps us from -- if we take money out of that fund, which is misnamed as a reserve, what we're doing is saying we're going to take money from each school and they're going to have to figure out -- unless we move it somewhere /es else. i understand that. if we just did that, made this list, we would be saying to this school a few hundred dollars less in your allocation. i think that's how this works, so i think we need to speak differently here at this table about it. because if you think it's just sitting there, again, some contingency, in the past to the schools. the second thing is i think we should do this. i think we should identify where you want to take it from. not from the schools, because i a pose the gist on that basis because that's been my priority. try not to create the weighted student form

wynn had a front row seat for 9/11 as well. a local principal who ran in the boston marathon quickly let his school in rockville know he was okay. andrew winter said he used his cell phone, a twitter account, even an automated phone message letting his school know he was unharmed after the blast. he also said he finished the race about a half an hour before the bombs went off. today, he kept on going around to his students saying, hey, i'm doing just fine. >> today, i was out on the front steps, you know, when the students came in, high-fiving and welcoming the students. they were, hey, so you're back, you know, you're okay. i'm like, yep, i'm fine. i'm here and just try to reinsure. no discussions -- reassure. no discussions, because there's no need. let the parents handle that. >> especially for the elementary schools. he ran as a fund-raiser for the juvenile diabetes research foundation. we need to know your feelings on the terror attack at the boston marathon. are you heartbroken, maybe enraged and maybe a bit of both. what

john najarian is out there supporting wynn as well.etter trade is to go after the makers of the slot machines. igt, international gaming technology. today they reported strong stock isbut yet the pulling back. take the other side of that. buy the tip there. you get a nice replacement cycle in canada going on right now. >> go ahead, murph. >> another name in the casino space, mgm looks like it's ready to move quite a bit higher in my opinion. that's a name we like. >>> shares of facebook have fallen 30% since the ipo. is it gearing up for gains? aaron kessler from raymond james joins us on the fast line. make your case. what's going to make this stock move? >> i think there will be upside to q1 estimates. first, we think facebook is increasing monnet eyesation in the near term. we think they gained some traction for realtime bidding on the facebook platform. additionally looking at the ad loads in the quarter, we think facebook significantly increased the ad load. we think they've opened that up in q1. that should drive greater revenues

wynn, maria, wynn has growth stocks traded at a lower p.e. than the market p.e. and so what we have in here is a two-tier market. the sternearch for yield has re boasted dividend-paying stocks to very high levels. and nothing against those companies, because they're doing a good job. but growth valuations, because of the unpredictability of what's going on, the market's not very forward looking. so when you have p.e.s in growth stocks at this level, i think you have to -- it's a good place to be. now, is it going to happen tomorrow or next week? i don't know. but we can try and think more longer term, we think it's a good place to be. >> so, give me your single best idea right now? before we go, give me one idea, both of you. >> not necessarily a stock or, you know, like an area or, you know, one idea. >> well, we still think technology, that sector, which has really lagged this year, quite a bit, is still a good place to be. so we think that's going to eventually prove to be very, very beneficial. because you get two things. if we do see it come back, you get so

committee that advises us because i know specifically that commissioner wynn had helped myself redo a purpose resolution for them. and how they've worked through that and are working on that, i don't know if it's still fully operating as the board envisioned so that's a conversation to be had. so i think there are places in the process -- in the overall process that we should re-examine and i think i heard that very loud and clear as the committee of a whole, but i also heard that out in the community and again, that's also something that i think the pack members would know so i take responsibilities for not having appointees on that committee yet. i strongly want to emphasize us re-examining the process of the board of education and executive level staff and how we bring the proposals to the foreground. i would like to get on that as soon as possible before we get on another round. secondly, i want to thank the staff for taking consideration and making changes that were so strongly expressed at the meeting. i do want to see more money to the things i believe are highly valued and tha

las vegas and wynn macau. analysts expecting to see $1.56 oon revenue of $1.38 billion. the stock up some 20% this year. and we're watching international game technology, the company manufactures gaming machines, including some of the most recognizable slot machines in the industry. igt, up some 22% so far in 2013. and we'll end here on starbucks. expected to report eps of 48 cents on revenue of $3.59 billion, which would represent a 12% year over year jump, some 11,000 locations now in the u.s., 7,000 units in 60 countries. howard schultz, starbucks' ceo, in a cnbc exclusive coming up on the "closing bell." maria, back to you. >> josh, thank you so much. we've got 40 minutes before the closing bell sounds for the day. we've got a market that is higher, although well off the highs of the day, up 29 on the dow. >> you're going to be talking about cabelas, right? >> yes. >> this stock, it's up 390% in the last five years as gun and ammo sales spark better than expected earnings, to say the least. but is it too l

. >> commissioner wynne. >> partly in response to commissioner avalos, i too worked on that campaign and that was the reauthorization. the first time, which i also worked on, i think it's important we think a little bit about the nature of both of these funding sources. they are -- and the first time it was, we put it on by collecting signatures for the children's fund, that was the little red wagon brigade here. so these, both of these funds are set asides or constraints on the city budget. and we are incredibly lucky and fortunate now, for which we are very grateful, that we have a mayor and an administration, a board of supervisors and a city that is so supportive of spending city dollars in this way. it's made an enormous difference for the school district and for our students which is, of course, the purpose. but i also think that we have to, as we are thinking about

stuart: all right. 120 on wynn. we'll take that. thanks so much, nicole.itish prime minister margaret thatcher dead at age 87. she was a supporter of the free market, and my take on the iron lady is next. >> what the honorable member is saying is that he would rather the poor were poorer, provided the rich were less rich. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot tren, gain insights, andigure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts

who is steve wynn? yes. i'll take vegas for $800. michael. what is a buffet? buffet, good. college nicknames for $600. richard. what are the broncos? good. shared college sports for $800. michael. what are the cadets? no. richard.

so says brian wynne.art of the electric drive transportation association an electric car lobbying group. bjorn lomborg is back because he is skkptical. a dirty secret? what? >> john, they don't emit any co2 on the road, but once you produce them, they emit a lot of co2 because a lot of energy goes into the proction, especially the battery. half of all the emissions coming out of the electric car have already been emitted when you buy it. john: like 30,000 pounds of carbon monoxide making the car is less than half of that for an ordinary car. >> exactly. and yes, zero emissions on the road, but you still have t recharge it and most of our electricity comes from fossil fuels, so the real point is electric cars are not ready to really help us cut carbon emissions in a big way, it is an efficient way of doing it. john: he is basically saying you have pulled off a scam getting these subsidies for electric cars. >> i disagree with his numbers. which is not new, it is actually an outlier study if you challenge a

so says brian wynne.he electric drive transportation association an electric car lobbying group. bjorn lombor is back because he is skkptical. a dirty secret? what? >> john, they don't emit any co2 on the road, but once you produce them, they emit a lot of co2 because a lot of energy goes into the production, especially the battery. half of all the emissions coming out of the electric car have already been emitted when you buy it. john: like 30,000 pounds of carbon monoxide making the car is less than half of that for an ordinary car. >> exactly. and yes, zero emissions on the road, but you still have to recharge it and most of our electricity comes from fossil fuels, so the real point is electric cars are not ready to really help us cut carbon emissions in a big way, it is an efficient way of doing it. john: he is basically saying you have pulled off a scam getting these subsidies for electric cars. >> i disagree with his numbers. which is not new, it is actually an outlier study if you challenge any of

so says brian wynne.t of the electric drive transportation association an electric car lobbying group. bjorn lomborg is back because he is skkptical. a dirty secret? what? >> john, they dn't emit any co2 on the road, but once you produce them, they emit a lot of co2 because a lot of energy goes into the production, especially the battery. half of all the emissions coming out of the electric car have already been emitted when you buy it. john: like 30,000 pounds of carbon monoxide making the car is less than half of that for an ordinary car. >> exactly. and yes, zero emissions on the road, but you still have to recharge it and most of our electricity comes from fossil fuels, so the real point is electric cars are not ready to really help us cut carbon emissions in a big way, it is an efficient way of doing it. john: he is basically saying you have pulled off a scam getting these subsidies for electric cars. >> i disree with his numbers. which is not new, it is actually an outlier study if y challenge any o

investigative reporter vicky wynn takes a look at the multibillion industry including one of the biggest companies providing child care. >> yes. yes. >> 19-month-old dylan and chloe. a happy handful for their parents, mom and dad are physicians who say they called bright horizons for back-up care in january. it has the largest national network of in-home care providers. we befkly invited this person into our home that we were told was perfectly trustworthy and cared for the girls. >> the internet history had been deleted. >> exactly. out of pay pal they got $2500. >> they went to facebook a few times. >> in all about $5,000 had been withdrawn from the couple's account. >> you can see every five minutes or ten minutes they were trying to do some sort of search. >> do you know what was happening to your girls during this time. >> we try not to think about that part because we don't know what they did. >> her husband came to the home to drop off lunch. the investigation of the computer showed a motel room was booked in his name and his facebook page was open, but without cam flas their home

of course red china re-rising gives a lift to wynn resorts and las vegas sands. and gamblers flocking to macao in record numbers. here's something i found totally amazing. tech has been stalled because of european weakness. big business over there. but it will not stay weak if china is coming back online as, kleinfeld indicated. china's intel's largest market, so that stock takes off. see it today? as does its partner in lethargy, microsoft, that stock looked great today. why not? while all the drugs, foods, biotechs and utilities are moving up, tech has done nothing. which means for a lot of people less risk to buying ahead of the quarter if they disappoint. won't fall that far. you won't believe this. i don't know. i'm maybe taking my life in my hands here. but, you know, apple -- it needs chinese buying badly. how do i put this? it's trying to bottom, like right here. it's trying. i know, it's inconceivable, right? it's inconceivable. just way too glib if not total fiction. science fiction for anybody to say that apple might be done going down. but if china st

i have to tell you, i like wynn more. to legit to quit. as stock sear mc hammer said, you know what, stick with the market. stick with cramer. >>> coming up, bank on buffett? warren buffett's berkshire hathaway has been minting money for veinvestors up over 30%. but can it go higher? cramer is putting investments to the test when he goes "off the charts". and later, upper crust? domino's pizza delivered a piping hot quarter today, and investors sent its shares higher. but is all this good news baked in, or is there still time for you to take a bite? don't miss cramer's exclusive with the ceo just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. send jim an e-mail at cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney@cnbc.com. >>> when it comes to sexy, sure, there's the kate uptons or the bradley coopers of the world. and they're all right. but on wall street, they're sexy and there's sexy! ♪ ♪ i know you want it