Busy. Bank of japan is scheduled to change everything. Ill get you that in a bit. Private joke. Also on todays program weve not learned our lesson yet you say. Are americans really using their homes as atm machines once again . With housing prices on the rise, are so many home equity line numbers starting to move higher again . I mean, we have some startling figures on how many people are starting to open those equity lines of credit again and what they are doing with it. Brings us back to the danger days of the crisis, and when you have 20 billion in the bank do you really care about dropping 2 billion to buy a new toy . Cash. Whats behind former microsoft Steve Ballmers stunning 2 billion deal for the l. A. Clippers. Everyone is talking about it. Why billionaires with money to burn are changing everything when it comes to valuing sports franchises. You have a different take on it. I do. I think these franchises are going up in value. Ill fight it out with robert frank, but, first, th
Now, they call this koa camp ground home base. Many of them are waiting to hear if the fire jumped highway 50 leading to their homes. Im not sure if this fire jumped we decided to see for ourselves. And found jolenes home, and others undamaged. Some left with sprinklers still on. For others, a sense of helplessness set in. If my place goes im homeless. Its all over. Firefighters say they havent lost a home so far, their hope lies within men and women battling fires. There is where our hope is. We cant do anything but watch. Right now a team is joining the fight. The sixman crew left from station 7, joined by four other crews from Northern California cities. The task will be dig fire breaks to contain the blaze. Some residents were allowed to return and sift through the wreckage of their homes today. 320 acres have burned. Families stood in line today to get a pass along them to return. Its just going to devastate and see what its going to do to my wife and daughter. Its going to hurt t
Their spouse has passed away, they are, in general, tougher and financial circumstances. It is not that i would not have some sympathy for changing benefits, but i would like to do is lower the most for those who are most capable of withstanding the reduction. What do you say . I think the most important point to make about the change cb i is it saves you very little in the long run. It raises you very little on the tax side. If thats the only thing we are contemplating, i guess we talked about eligibility for medicare but we were not talking about sufficient reforms to fix the problem we face. While historically, the chain cpi may have gone up by two or three points less than the cpi w use, there is no guarantee. Is just a forecast. That is just a forecast. We could save more or less depending on how things work out in terms of real reform, i would much rather look at something of this sort that bob discussed, some sort of progress of indexing approach to the problem. That would lower
And to make sure that we are preserving those options and working with interested parties to make sure we can do that. Prosecution will not always be the silver bullet. Obama be applicable in all circumstances. It may well be it may well be a viable option. The more information sharing we can house, we can have, its wilma always be satisfactory, necessarily. We first have to know about the breaches and intrusions that occurred before we can do anything about it. That sometimes causes concerns for companies. If they trust that we will use that information wisely, and try and work with them, to combat this siphoning off, hopefully we will all be better off. Thank you for graciously giving us your time this morning and sharing your thoughts. We want to give you a copy of our latest publication. Please do not be offended, but i think your counsel will find this of minimal value. [laughter] no comment. Thank you. [applause] that concludes our breakfast program. Next, google executive chairm
Up next, a forum on the occupy movement. This is one hour and a half. [applause] thank you very much, everyone, for coming. Thank you to the department of Political Science. Today, we have for pronounced we have for pamela spirit we will have a bit of discussion between them and then moved to audience discussion. First, deborah is the this is a professor of ethics and society. She is also the senior associate dean for the humanities. She is a member of the Philosophy Department and director for ethics and a society. Her research focuses on the ethical limits of the markets. A place of equality in a just society and a rational choice. She also works on ethics and at the in education. She is coeditor of the forthcoming collection, occupy the future. He is a graduate of mit and an early participant in occupy washington occupy boston. He specializes in web applications and design. A cofounder in danger of some in cambridge. Actually, just in Central Square. If he continues to be engaged in