it will help to kick-start the local economy. there is no question that this project will stimulate our local economy. this provides long-term benefit. we think so. this is on what would be the state of art, a rise in export -- expert care for the surrounding economy. community. the updated facilities will provide much-needed services to come. all san franciscans will recommend this updated facility. there have been some objections. this can be overcome by careful planning. detail planning can mitigate traffic gridlock. we fully support this project and hope that you can support it. president chiu: thank you. next speaker. >> we have experienced unemployment rates as high as 35% and a decline in hours of approximately 50% with obvious devastating effects. i am speaking today in support of the projects that would generate 1500 union construction jobs once it is approved and breaks ground. although there has been a recent uptick, in san francisco this is effectively in a construction depression, and it should be proof enough. each

in the local economy. a local store has a local account, all local lawyer, a local person who does their windows, all that is spent by corporate chain stores elsewhere. the money is recirculated. businesses are supporting other local businesses with their money. that does not happen with chain stores. supervisor mar: it looks like sfloma.org. our next speakers. pffthank you for being here. >> i work at walmart, store number 2418. i started six years ago. supervisor kimsupervisor cohen:? >> in richmond. my bring home was $15,000. i have a family of four. i live in a low-income apartment. with the holidays coming, i get to work more hours but it means i see my kids less. i have a 17-year-old daughter i can say goodnight to. a 5-year-old son that i tell him have a good day of school, that is it. our health care just went up. i was off work for a couple of months and i had to go to of physical therapy. to walk in the door, it cost $45. and then after the hour-long, i got build from kaiser permanente in average

. >> higher prices not only hurt the family budget but also take a bite out of the local economy. >> when gas prices are up $0.50 a gallon, that translates into about $35 million a month taken out of the local economy. >> prices do not jump in one or two days. it happens over time. while january has traditionally the lowest prices of the year, may and june have some of the highest prices. >> we could see prices going up a penny a day. we will probably see another year of record high prices. >> iphone users, listen up. if you would like some tips on how to take better pictures, there is a free workshop today. an award winning commercial photographer is offering a two- day workshop on the expanding world of iphone photography. the course can be found on his website, creative lives. >> now, your instweather plus forecast. >> we had a little disturbance to ourself early this morning, some -- our south early this morning, some light showers. there is another disturbance that is going to pass to the north. our state is getting some snow out of that. we're going to pick up a few clouds. we

we have a lot of factors that continue to hang over the national economy and the local economy. issues like the possible impact of the european crisis here on our shores but the deadlock in washington about spending priorities is likely to have a significant impact on the local economy. that's something that is going to have far-reaching consequences. >> we here in washington as we've reported are sort of in a bubble. however, it still can have an impact when it comes to the gridlock and jobs. how is that concerned locally or nationally? >> very significant impact. dr. steven fuller, an economist at george mason spends a lot of his time crunching about the local economy. he tells us he will see significant -- we're seeing the significant odd reversal for washington. private sector hiring is outpacing public sector hiring. that just doesn't happen in washington. the reason why government budgets are so uncertain right now, given the budget fighting on capitol hill plus there is that election, that big one adding a whole new level of uncertainty. in an odd turn, the national jobs

this is certainly an expression of confidence and the local economy and target's not alone in this. the bay area council just released a survey of 450 executives in the bay area, local companies, and they are also expressing confidence and more saying they plan to hire more people in the next six months. over half saying everything is status quo and about 70% who plan on letting people go in that same amount of time. this is a slight increase, though, over the last survey that the bay area council released. so there you have. local companies expressing confidence, target putting their money where their mouth is by hiring, planning to hire 300 people. the job fair is starting at 8:00 this morning through 3:00 in the afternoon here at the new park mall location. today, tomorrow and saturday. jon, laura. >> bob, thank you. a mystery company coming to the central valley and could mean a big time boost to the local economy. the paterson city council is set to meet to discuss project x, now this is a deal with a mystery company planning to move into a massive 1 million square foot facilit

but we generally try to look at it from the economic impact to the local economy and to the system as a whole. so but we don't actually get involved in the day-to-day management of the partnerships. >> to extend it, it fits in our portfolio we can add value, i think we would do it, but it's not the overarching driving thing. our number one priority is to other members. >> what has been the impact of the low-interest rate environment we've sean over the past several years. and with the federal reserve pledging to keep interest rates low to the middle of next year had on public pensions? >> i think the low interest environment has forced everybody to look at their allocations differently. because they are always trying to maximize it. so you kind of have to-- you can't control the markets so you have to deal with them. so i think the default is that there is more increase and looking for ways to add value other than public markets. and pretty much everybody has tried to reduce their dependency on public equities. >> are we moving toward a day when public pensions in the u.s. are having

. >> higher prices take the bite out of the local economy. >> so gas prices are up 50 cents a gallon and that translates to $35 million a month taken out of the local economy. >> may and june can have some of the highest prices. >> if we continue to see prices continued to go up, we'll probably see another year of record prices. >> a commitment to create 180,000 jobs by the white house. the white house is aiming for tens of thousands more. >> thousands of jobs are being cut out one of boeing's historic plants. jane king has the bloomberg business report. good morning. >> mastercard said gasoline demand is now at the lowest level in seven years. their data covers christmas week. the average price at the pumps rose 3 cents. defense cuts and billing. they will shut down operations in wichita, kansas. job cuts at the plant that employs more than 2100 workers. we do get a closer look at the nation's employment picture today. also reports from the challenger gray and job growth. futures this morning looking steady for the start of things. the dow inching to its highest levels since july. s

local economists predict it could pump $25 million into our local economy. that is not much different from a regular game. the stadium can only help so many seats. the difference is the ravens will be playing but texans at home in a playoff game that is getting a lot of attention. bars around the stadium will make a lot of money. fans who wills' really help boost the economy. >> they will stay in hotels. the hotels pay taxes. they spend more at restaurants. they spend more money. it is a bigger deal for them to come from out of town. it is like a mini-vacation. >> we would love to see your purple pride next sunday. we are live tonight at the stadium. sheldon dutes for wbal-tv 11 news. >> coming up, a day of remembrance on the one-day anniversary of the arizona shooting that injured congresswoman gabrielle giffords. new york city might arrest you for taking up too much space on the subway. the subway. why not save on car insurance? [ coin drops ] [ high-pitched voice ] thanks. [ normal voice ] you're welcome. get a free quote at progressive.com. >> bells in t

so, here's my take on our local economy. knowing what we know, and knowing that you can't ever be sure of what calamity might be just around the corner, we have every reason to be optimistic. we are attracting talent, banks are gaining confidence in the ability to support new projects, or population growth and our per-capita income are going about rates that exceed the national average. on the flip side, we need to continue to diversify our economy, because as much time as we spend investing resources on creating jobs in mediation and the biomedical field and manufacturing, the energy sector continues to multiply and is getting larger and larger. is a really good problem to have. but we must make sure our economy looks at and encourages other market sectors. also, remember that we have three fundamental advantages compared to most other major cities that we inherited from past generations. one, we have a large air force base that gets great respect from the pentagon. number two, we have three interstate highways attached to

small business is the backbone of our local economy and foundation of our vibrant neighborhoods. we can do more to help them. we will strengthen our office of small business and dramatically increase support for small businesses with loans and targeted investment in our commercial corridors. at the same time that we are recruiting those high-tech companies in san francisco, we need to make sure that our young people, as well of those in the middle of their career who are out of work and looking for change, to get the skills and jobs that those companies are creating right here at home. we can do it by working with people like the thing that -- like zynga to partner for nonprofits and city college. through the diversity of our people and geographic locations on the pacific, san francisco is uniquely positioned to be the preeminent gateway for goods and visitors from latin america and beyond. growing our international trade and tourism generates jobs for san franciscans at home and abroad. with organizations like sfmade, from bike messenger bags to ceramic tiles, a new market is be

they became the lead, getting the local economy's going and making massive cultural contributions. then, it all fell apart, including the russian language. many russians have since left the former soviet republics. that is why we regret the end of the soviet union. >> a veteran as honored on his birthday. the former officers who served on the western frontier are still close. they were part of an elite, after all, something they will always be proud of. >> you don't see quite so many statues of this person about these days, but this one still stands. it was the officer quarters of the garrison cultural center. it was bad news for communist parties elsewhere. many of them named -- change names. supporters wear different badges these days. in the old days, moscow was generous toward communist parties, especially in the west. in some places, the old spirit lives on. ♪ >> the old tracks of fallen into disrepair. the railway workers who were once communists are also quiet these days. the only ones still manning the barricades, the mayor. she's trying to get the residential -- resident

we need to create a better economy for our local artists. this

passengers will stimulate the local economy and increase the tax revenues and benefits for this city. the san francisco bob pilots support the america's cup and the new terminal. and the plan show a very attractive improvement for the waterfront. thank you. >> good evening, commissioners and staff. my name is diane bailey, i'm a senior scientist at the natch are resources defense council. i'm here to express our appreciation for the efforts of the city and the port of san francisco to address and mitigate many of the issues related to the 34th america's cup in the final e.i.r. the america's cup event is large and complicated with numerous potential and community impacts. we know that some concerns remain outstanding and we strong support the city to mitigate these items. that will ensure that all environmental programs and mitigations are successfully ane steps san francisco has taken. we upon the zero ways principles that will help avoid contributing to pollution. we are significantly concerned about air pollution . these would have been substantial if left on mitigated. what is prop

how the video rental giant is expected to pump millions of dollars into the local economy. >> the world must know the united states is going to maintain military superiority. >> some say the president is putting the superiority at risk with billions of dollars in cuts to defense. also attain the -- casey anthony spot in. you will see her new luck. >> 60's and 70's for high temperatures around the planes. the in the weather forecast w iraq's of a public memorial service for ron smith has been -- >> of public memorial service for ron smith has been announced. that will be tuesday, january 17, at 11:00 a.m. the service will be broadcast live on wbaltv.com. today the same-sex marriage debate. now they are backing efforts to pass legislation that will allow committed gay and lesbian couples to marry. union reps say they are going to mobilize members to push the motion through. >> the equal pay act would not have passed without the broad support of organized labor. >> supporters believe the opposition will post a referendum on the ballot. 700 new jobs are coming to the stage as they gear up t

we need to create a better economy for our local artists. this is a city that has many thousands of small businesses. as someone who used to run a small business, the city can do a much better job of nurturing that sector. that is part of the life blood of who we are as san franciscans. >> we could do better. are we on the right track? >> i think we are in a transition right now. we have an interim mayor and a new board of supervisors. i do think we have a new tone at city hall to move things forward. we have a lot of challenges we are facing. i am doing everything i can to put us back on track. >> let's talk about the role of sports in the city's economic future. are you happy with the plans for the america's cup? >> i have been a huge fan of the america's cup. i am proud of this board came together unanimously after a fairly contentious debate to support bringing the america's cup to san francisco in 2013. it is estimated it will not only be an incredible sporting event, not only showcase our city and the natural amphitheater of the bay, b

economy. it hurts our local businesses for sure. local businesses create good quality career-oriented jobs as opposed to the types you see at many of the big boxes. a dollar spent at a local business, 65 cents will recycle into the community verses 1/4 if you spend that same dollar of a corporate king. there are many good reasons to limit the big boxes. when you lead target command to san francisco with two locations fast forward, there will have five or six in five years as they continue to wrap the city. they are huge threat to a neighborhood shopping areas because they carry a vast array of business, market like crazy and so on. everyone knows the kind of thing. there is an impact. last thing before my three second tour now, a wide to give you a snapshot of the impact of a big box fiscally. i thought that might be of interest. >> it would be helpful to know how long you have been operating. >> for locations in the city. the first one opened sometime in 1920. it has been in my family for 50

the city is hoping for a big win on sunday and also a big payoff for the local economy. >> we are going to have the usual wings and some other food special spirit we will form in a few shot specials as well. >> they are already getting the food and game day specials and preparing to bring in lots of extra cash. >> not only for us doesn't mean business from the local ribbons fans, but also with all the hotels around us houston fans have to travel. they will want to come in and have a beer as well. >> when the houston texans and tens of thousands of fans packed downtown for their first playoff game in five years, baltimore businesses are ready to reap the benefits. >> probably about $25 million in impact. >> the stadium has a capacity between 71,072 thousand fans whether it is a playoff or regular-season game. >> there will be a lot of texas fans there. they are going to lose and go away disappointed, but that will have an impact on the hotels and restaurants. visiting fans have a bigger economic impact of that home field fans. it is a bigger deal for them to come come out of town. >> cen

four years ago, the local economy fell off a cliff. an extra 25,000 families have been blighted by unemployment. >> you have a 2 point lead. >> the davis family watched the and just shoot hoops. they have had their troubles. they all worked in the motor industry ha, a plan that wasn't saved by the bailout. >> there is a big disparity between what i believe is the rich and the poor in this country. the manufacturing jobs are not there anymore. my kids are never going to see that in this country. >> that davis is built their dream home. last week, they bought the lot with 16 acres on the market. >> in has been a lot of prayer. >> of the one thing we did not want to have to sacrifice. i feel much of it won't be coming back. >> the seismic shift in the american economy. japan also has its own economic worries. japan's population is in decline and it is forecast to fall dramatically. the attempts to boost the birthrate has largely failed. >> the center of tokyo on a bustling afternoon, there seems to be no shortage of people. japan's popula

four years ago, the local economy fell off a cliff. an extra 25,000 families have been blighted by unemployment. >> you have a 2 point lead. >> the davis family watched the and just shoot hoops. they have had their troubles. they all worked in the motor industry ha, a plan that wasn't saved by the bailout. >> there is a big disparity between what i believe is the rich and the poor in this country. the manufacturing jobs are not there anymore. my kids are never going to see that in this country. >> that davis is built their dream home. last week, they bought the lot with 16 acres on the market. >> in has been a lot of prayer. >> of the one thing we did not want to have to sacrifice. i feel much of it won't be coming back. >> the seismic shift in the american economy. japan also has its own economic worries. japan's population is in decline and it is forecast to fall dramatically. the attempts to boost the birthrate has largely failed. >> the center of tokyo on a bustling afternoon, there seems to be no shortage of people. japan's popula

. >> the governor is convinced spending more will also help boost the local economy. >> not only to improve your education but to improve this learning environment and to create jobs. this investment will support 11,650 jobs of people doing important work that everyone in our state needs and quality schools. >> the proposal could run into trouble in a year were the state would be forced to make budget cuts. the governor knows he can count on the speaker of the house to push two construction package. >> we are one of only five states that contributes to school construction in the united states of america. >> since taking office, lawmakers have backed the governor in spending almost $2 billion and school construction. it is money that goes and germantown say has been well spent. >> the new school has meant so much for our families. it means we can accommodate more students. it means our students can use technology to be competitive in middle school, high school, and beyond. >> back in 2004 as a commission led by the state treasurer recommended the state spent at least $250 million a year of s

small business and the local economy and the foundation of the vibrant neighborhood. we can do more to help them. we will strengthen the office of small business and increase the support for new small businesses with loans, and the neighborhood business job squad, and targeted investment in commercial corridors. at the same time we recruit these companies to san francisco, we have to make sure that our young people and those in the middle of their career, who may be looking for change can get the skills and the training they need to take the jobs these companies are creating right here at home. and we can do this by working with people -- to establish innovated newt -- innovation and new jobs partnerships with the city college. to the diversity of our people and our geographic location -- san francisco is uniquely positioned to be the gateway for goods and visitors from the growing markets of asia and latin america and beyond. growing our international trade and tourism generates jobs in san francisco and opportunities for local businesses and companies abroad. with o

money back into our local economy by hiring our local musicians, that is another reason why you should support this. thank you. [applause] >> i'm one of the people that live right behind casa sanchez and frank hasn't been going on for months but a few years where they start up and the music is so loud, i have to leave my house because they play outside and for some of the bands, the drunker they get, the louder they get. she is trying to have a service here and that's just fine, but it shouldn't come at the suffering of the neighborhood. i hope she cannot have musicians outside, because i understand that's not what she is applying for, it's an indoor license. also, i want to make sure that covers boom boxes because sometimes they have parties in the back and they will play one in the back and it is extremely loud. all we're asking for is to have some respect for the neighborhood and not to suffer through all the noise that comes from over the fence. thank you. commissioner newlin: thank you. just for a point of clarification, this is an interior permit only and i would like the audienc

four years ago the local economy fell off a cliff. it is reckoned an extra 20,000 families have been slighted by unemployment. the davis family watch their young does shoot hoops. the davises have had their troubles. they all worked in the motor industry, but gm's and dayton plant was not saved by the bailout. they have little more than on jobs since and fear that is how it is going to stay. >> there is a big disparity, because manufacturing jobs are not there anymore. the good-paying jobs i have enjoyed, my kids are never going to see in this country again. >> you really feel it is not going to come back and, if i do not believe it will. >> they built a dream home. last week they put a lot on the market. good >> it seems we keep dodging bullets, and it has been a lot of prayer. >> this is the one thing we did not want to sacrifice. >> sacrifice has always been a part of those stories americans like to tell about themselves. the people here lost a lot. they fear much of it will not be coming back. >> the seismic shift in the american

. >> brian, we're starting off tonight with what would be a boost to several local economies. number five, the gmen outgrown their district and looking for a brand-new home. fairfax county's board of supervisors found a site. prince georges county and loudoun county are also campaigning to house the fbi's 12,000 employees. >>> number four, americans are living longer these days. a new report from the centers for disease control and prevention shows the average life expectancy jumped to 78.7 years in 2010. death rates also dropped a half percent. >>> number three, virginia's highways earned the lowest safety rating of all the area highways. the reason, well an auto safety advocacy group says there's no ban on texting while driving. cops can't pull over drivers for not wearing seat belts. the district and maryland did much better. number two, fast food isn't just bad for your waistline, it may be bad for your brain. in a recent study, rodents were fed a high fat damage. hormones that control things like hunger and thirst. researchers are not sure if the same would apply to human

it might even do wonders for the local economy. but not everyone wants a spaceport next to the village pub. >> i think it is ridiculous. it is terrible that people woul pay $200,000 for a few minute in space just for the fun of itit besides, it is bad for the environment there are better things to do here on earth. >> the flights would make an age-old dream a reality. space tourism is only just getting off the ground. but the sky is the limit. >> the legends of the past don't seem to have made an impression in poland's capital, warsaw. one poster has caused outrage. it insults the jews. after protests the city cancelled a second print run. >> there has been a commotion about this 2012 diary published by the warsaw municipality. it is on sale and the city gave copies to its business partners. it includes this one from 1925. an ad for an anti-semitic weekly for development. it shows a polish soldier killing rats with side locks who are wearing skullcaps bearing the star of david. the imaginery is grotesque. the message clear. drive