Throughout the morning, we will get some more data out of europe. No earnings. Though we should mention that the japanese stock market is closed today. This is a holiday called respect for the aged. I think that is a very noble gesture. Im not looking at you when i know that, i just want to be clear. I turned 48 this year. Im getting aged, too. So you fall in that category, too. You are good people. Secretary kerry in paris. He is discussing support for iraq. It is really country by country. This is not like a broad photo shoot kind of thing. Every country for itself. What you do say earlier about saudi arabia . Im watching saudi arabia. Theres a real question of how offensive they will be when we really go directly after syria. U. K. Prime minister David Cameron is returning to scotland for second time in a week. Theyre concerned up there. There were four pulse of the week and, three effectively dead heat and the other said the independent voters are leaning the union voters, by a per
Cars in america are iconic. We identify the good life with them. I wonder what don draper of mad men would say about car sharing. He would say no way. C no way. We are going to break out. This is a huge space. Were covering cars, people, entrepreneurship. It is breaking into meaningful pieces. Then having working groups around the smaller pieces, car sharing, parking, entrepreneurship, then inviting you and the companies to understand the challenges we face and how we should manage modernize our regulatory system to reflect this greatness that is happening. I get emails about people wanting to be on the working group. I wish i had an answer. I think we need to get more we Just Announced it last week. It will take some time. You could always do a rock launch page. Molly, lets chat with you. There was a city hearing about applying hotel tax to your rentals. Tell us about what happened. Last wednesday, the Tax Collector called a hearing to discuss the applicability of the transient occupa
That is really localized to San Francisco whether its Health Care Plans related to city ask county employees, things that are truly local to this area, you think youll have better luck and i think everyone i think the nation as a whole is poised for Price Transparency initiative, but everyone is trying Different Things and waiting to see and it would be wonderful to have a pilot system from the city of San Francisco to step up. Theres things to do that wont run a foul of what has happened in california. You may receive some push back on some of that, but to the extent that you keep it narrative on whats happening in San Francisco accident i think you can make great public arguments about why this is an issue for the city and it provides information for the state Going Forward and my basic understanding of pre em gs law, is it is very case specific and healthly swayed by Public Policy. I think that the things you could do is try things like requiring disclosure for plans negotiated here
Weighs heavily in not offering protection. The massachusetts general attorney did a large study a number of years ago and a lot of information was disclosed to the massachusetts ag that claims claim secret protection. They found it was against Public Policy to in light of trade secrets considerations and protections that have been claimed for that information. They held it was in the Public Interest to disclose the information they found anyway. So i think that youre exactly right. When we think about consumers in the market and the impact that this is having on them, the Public Policy is going to sway in the other direction. As we start to see more acos develops and more bundle care and providers have a larger burden of determining we only have a certain amount of a patient and we have to make referrals to different providers. Its going to be important to how much it costs so they can keep their own cost down when theyre thinking about making referrals. Its not going to be just patien
Raps. Want to invite ann mccloud up who is the president of the hospital. Thank you for being here. Good afternoon and thank you for having me today. As Senior Vice President for hospital, cha represents more than 450 hospitals throughout the entire state of california. Were happy to be here today and we applaud your efforts with the goal of reducing Health Care Cost. I they we striving for that i think we striving for that and your folks said, achieving that aim. Were supportive of that. I want to say that i hope my comments today arent perceived as not being supportive of transparency, and theyre not. I hope they provide you with a balance perspective on what transparency may or may not do. When we talk about the fundamental issue of price in health care and we heard that used interchangeable three throughout the morning, price, cost, price, cost. Theyre two Different Things in hospitals. We have to work it disintangling cost from cost. Ill put it in the perspective of the airline in