Transcripts For ALJAZAM Real Money With Ali Velshi 20140814

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>> this is "real money" you are the most important part 69 show. tell me what is on your mind by tweeting me @ali velshi. accusations fly as this russian convoy aid convoy makes its way to ukraine. that is europe's biggest crisis since the cold war took its toll across the economies. 280 trucks like these rumbled out of moscow on tuesday and could approach ukraine's border in just a few hours. but authorities in ukraine say they have orders not to let these trucks come in to ukraine territory. russians insist they're carrying water and aid to relief war-ravaged areas in east of your crane. the ukrainians fear this could turn into a russian military intervention by stealth, but blocking the aid could given the russians excuse to enter any way. this is all going on. as pro russian separatist rebels lose ground in eastern ukraine. they have abandoned a strange of towns that are under heavy fire from ukrainian troops. the fighters are holed up in the city of donetsk being pounded by air and artillery. death toll is put at 3,000 since last month. according to russian figures cited by the u.n. 700,000 people across from eastern ukraine into russia this year as things heated up in ukraine. 180,000 have applied for refugee, asylum status or they're trying to resettle in russia. europe is feeling more unsettled as economies from poland to france to italy, investor confidence in germany, europe's economic powerhouse plunged. here's what's in jeopardy. $170billion that goes from the european union into russia in trade, and $283 billion which goes from russia back to the european union. now much of this $283 billion there is difference between these numbers. russia exports more because much of it is oil and gas. much of it goes through ukraine. so far vladimir putin has not turned off the natural gas that provides about 40% of the e.u.'s market, but he could when temperatures start falling. tomorrow we're expecting to get figures on the e.u.'s output and it's expected to show a dip in the three months beginning in june compared to the prior three months. mary snow has this report. >> reporter: even before the latest escalation of tensions between russia and ukraine, growth was a sign in europe. industrial orders were less than expected. last week italy slipped back into a recession for the third time since 2008. in france the euro zone's second largest economy was flat. spain is growing but facing a threat of deplacing as prices drop. >> there are not any economies that are growing very much right now. the anxiety level is rather high right now. >> reporter: and sanctions against russia effect companies and businesses. necessarily is warning consumer demand will be hurt if crisis escalates and that could have an impact on europe's recovery. the latest pulse on businesses is not reassuring either. investor confidence plunged to a 20-month low in germany. on top of these factors there is a wildcard and that energy. with europe so department on russia's oil and gas just the threat of additional sanctions involving any cut off of supply could be a tipping point. >> russia could, a, embargo its energy exports or threaten to do so. even if it threatened to do so that would send energy prices in general significantly higher. that would an drag on consumer spending. >> reporter: economists say while they do not expect europe to slide in a recession at this point, it wouldn't take much to change that. mary snow, al jazeera. >> a report on economic growth in europe is scheduled to be released thursday morning. all eyes will be on germany. germany's economy accounts for more than one quarter of the you're ozone economy to one tenth of one percent. . matt, good to see you, my frie friend. german expert exports. russian and germany are not the biggest of trade partners. do you make a connection of this slow down with germany. >> i think there is a connection. people in europe are very nervous about where putin is going and whether this situation in ukraine will lead into an energy crisis that could happen if russia starts turning over the tap at the end of the year. that's the broader story. but germany is relied upon as the one good story, it's powerhouse economy. maybe canned definer economic trends any more. if it's slowing down then that spells trouble. >> this is an issue because we heard italy may have slipped into a recession, but italy has so many structural problems it doesn't feel like another economy. germany is an example that i hold up in terms of manufacturing, in terms of how they made their manufacturing workforce. things that germany does really well and they're really big, but here's the thing, at the research center in germany they're saying that germans approve of stricter sanctions against russia. they don't see russia as a good and fair trading partner and they might suggest being done. >> well, that's possible. this is a huge test for angela merkel who has this frequent interaction with president putin. is she willing to be a tough leader in this area going into russia, but also is this situation going to change her attitude to economic policy in the european union where germany has where it's been doing so well it's been a force against the tax stimulus that has worked to an extent in america. maybe if they are--if she's seeing a slowdown in germany, finally maybe she'll give permission to start pumping liquidity into europe. this may be the silver lining in this crisis. this may be when germany endorses a more stimulus-based policy. >> angela merkel has been a tough woman in europe. she has stared down economies that have been in difficult shape and she has been able to stare them down. can she do the same looking east. poland is at the forefront of let's get tough with russia, but until germany does that it's not going to happen. >> the whole european union. you don't know who to call any one person as a leader. europe doesn't have that leader. but if there is a leader it's angela merkel. and she--daughters she' --because she's german and all the german leadership in europe she's been reluctant to step up and be the iron lady and iron chancellor. she has to do that because i think if putin perceives weakness on the part of the european union there is a danger he'll keep making more and more mischief and there are bits of europe and contested territories where he could do what has happened in your crane. i think this is an crucial moment for her and a leader and whether she can rise to the occasion. >> even before russia was involved in crimea, europe was showing off and on again signs of strength and weak. eakness. what is your analysis. >> it doesn't look good in the short run. it seems to have plateaued. there will be a revision of the gdp data that will have a positive story in the next month or so where we'll see a lot of gdp revised upwards for the whole of the european union. but the fundamental story is the hard stuff that needed to be done. a lot of banks are supported by governments. we have a lot of structural reform. it's very hard to get optimistic about strong growth in europe. the one thing that would make a difference is more aggressive fiscal policy, stimulus policy which germany so far hazard resisted. that could make a difference and give the world economy a shot in the army as well. >> matthew bishop is the business leader at the economist. >> good to see. >> you billions of dollars from spent improving neighborhoods across the country. they've become hip and attractive but the gentrification often displays low income residents. we'll look at how the twin cities is keeping everyone in place. but first, don't think that lawmakers aren't strategizing about the november elections. these could be a game changer in washington for politics. we'll look at how politics looks to gain the upper hand. we have that and more as we continue. keep it here. >> al jazeera america presents a breakthrough television event. >> borderland long held beliefs... >> im really pissed off at the mexican government... >> give way to compassion... >> if you feel tired, would you turn around and come back? >> our teams find out first hand how treacherous the migrants journey can be. >> we make them take a trip of death >> it is heartbreaking when you see the families on top of the >> this has been anything but a sleepily summer for people in power in america from ukraine to gaza to africa. america's leader in washington have confronted one crisis after another with labor day only weeks away our attention will soon turn to the midterm elections. if you have the stomach to turn your attention to such a thing. the president obama and the republicans have been fighting almost every move he tries to make. for the last year i've turned for insight on what has been happening in washington to al jazeera's correspondent mike viqueira. the power structure, i'm overjoyed he's here with me in new york. the thing that you got, mike, i think you're a smart guy, well-read, what you got that separates you here is memory. you remember this is all sort of happened before. we're now coming into this midterm, and it seems like a mess from the outside. is it? >> it's a mess. it's paralysis, and there are a number of factors that lead to it. by the way, thank you for refer to go how long i've been around. [ laughing ] there is obviously dysfunction and much of it can be the roots of it can be traced to 2008 and the financial meltdown no question about it. president obama came into office vilifying wall street. i'll never forget the day he had the leaders, the major financial institutions into the white house, the white house staff made it so. normally you put them in the west wing. he had to march around the white house and almost an act of humiliation to vilify wall street calling them fat cats. that has walked and waned over the course of the obama administration. >> he has had to call some of them back to consult and try to device strategy, but here as we go into this election by the numbers this economy is okay. it's recovery nicely. the housing the stock market is doing well. wages are going up slowly. half the country hates wall street and hates business america. the other half thinks they are the solution. he where now do the democrats come down on business in america. >> i think the obama administration still has to make that case. you talk about the income gap, but let's look at the perception gap. half the population thinks there is a recovery. they have constantly jumped the gun. read too much in the data. and so they have cried wolf to a certain extent and now it's biting them during the mid terms. >> let's turn to the republicans, eric cantor, lost his primary battle because in part his opponent a tea party--a tea party backed guy said that he was too tight with the business community. >> a couple of things, i think it's fascinating and people don't talk about this. i don't buy that he's too tight with wall street. 's congressional leader. do you know how many they have to spend dialing for dollars? money is everything. it's called the mother's milk and it's never more true than it is today. the leadership is incumbent on them to raise money for the rank and file. i think the leadership is what got the back of the tea party in that race, and it was the exception that proves the rule that money means almost everything in campaigning in politics. >> you mentioned immigration. that certainly is going to play a bigger role in this midterm election than it has played. >> ironically immigration is the one issue where the business community wants to see some action, wants to see reform. that's where the so-called establishment winning of the republican party is at odds. >> because the establishment wing of the republican party is eagle for see something. >> absolutely. the chamber of commerce is 100% behind it. president obama once made the walk across lafayette park to meet with the chamber of commerce. one of his brief overtures to the business community and immigration is one of those issues where they seek to have some sort of agreement, but it goes to show you the strength of the tea party that remains in congress. they can't move that. >> let's talk about that for a little while. there was reputational damage to the republicans over the challenges to the debt cerealing. it seems that the republicans don't want that to happen all that much, but you don't see signs of dropping those type of tactics by the tea party. let's look at the tea party's influence will have on immigration and budget. >> immigration is costing republican vote. and the tea party will cost republican votes. perhaps not in 2014, but marginally more in 2016 and increasingly as time goes on. the data is out there. it's very clear for everyone to see that this is a segment that is growing. the classi classi classic insurgently. look no further than in the wake of eric cantor as loss in june they tried to get together a candidate to challenge the more established candidate kevin mccarthy. they couldn't do it. it just fell flat. >> they can be disruptive. >> they're disruptive and they influence what leadership can do. and leadership at this point the best they can do to manage their caucus within the house of representatives is to say wait this out. there is a constitution. there is a president. you're going to have to wait them occupy the best you can do it hold the line until we can get one of our own into the white house. because of all the other issues we're talking about that's becoming more problematic in 6:00. >> it's great to have you here. it's great to have you on the show all the time. safe journey to washington, and before you're back there you'll have our next converse ready for the show mike viqueira joining news new york. coming up, america's aging infrastructure is one drip away from being dangerously dry. we'll look how dangerously close we are and what's being done to fix it. >> if government leaders needed any reminder of just how hold the nation's water infrastructure is they got a big one a couple of weeks ago. a spectacular water pipe failure at ucla. you can see it here. the rupture of a nearly 100-year-old watermain flood the los angeles campus and cost tens of millions of dollars in damage to the surrounding neighborhood. city officials warn it won't be a last won. 1trillion-dollar will be needed to prevent more failures across the nation and perhaps no city is on the edge of it than new york city. the city's aging pipes are under incredible strain with demands far exceeding their original intend. >> every day new yorkers consume one billion gallons of water. >> this is famous delicious water. the champagne of urban water supplies. >> can you describe to me how massive the infrastructure is. >> new york city has been building water supply infrastructure almost continuously for 170 years. >> why is continuous construction necessary. >> you have growth far exceeding expectations. >> reporter: new york city built a vast network of aqueducts and reservoirs to the water sheds. >> they built the delaware aqueduct . >> reporter: it became the longest continuous tunnel in the world. but over the decades residents from a small up state town began to notice something odd. some rain and sometimes shine. basements in the area would flood with water. >> how high is the water gotten in here? >> well, this panel was here. because the water got that high. >> the water was up to here. >> the water cost thousands of dollars in damage rotting out the stairs. destroying appliances. >> like i said, it's all kinds of fun. >> reporter: many began to suspect that the delaware aqueduct running beneath the down was the culprit. the aqueduct was leaking. for years residents 35 miles south thought this spring was bubbling from an artesian well. >> this aqueduct is leaking. >> reporter: the watchdog group that monitor the watersheds that supply new york city. new york's department of environmental pro direction acknowledged in the early 1909's it discovered cracks in the delaware aqueduct. >> how much water is being leichted as a result? >> between the leak here and over in the county is 35 million gallons a day. >> that's a lot of water. >> very much. >> that's enough to supply water to nearly half a million people a day. 25 years later new york city water supply is living on borrowed time. >> worst-case scenario you would have a catastrophic flavor. if the tunnel were to collapse the whole aqueduct would have to be shut down. >> a report published in 2001 said if the aqueduct failed new york's reservoirs would run out of water in 80 days. the river keeper report and a new mayor sensitive to most 9/11 threats post to the problem. >> reporter: commissioner of the dep and will help to lead one of the challenging projects in the agency's history. >> we'll construct a by pass tunnel around the most significant leakage, and to do additional concrete routing. >> reporter: the new tunnel bore deep will by pass the worst of the leaks. the aqueduct will be shut down up to eight months to connect the buy pass and fix the leaks. >> what will the city get water? >> that's an excellent question. we're able to oh get water from our existing system by making improvements to the cat catskills aqueduct. >> they're urging new yorkers to use less water and reactivate older systems near the city. after decades of denying responsibility the dep is stepping up and addressing the human impacts of the leak. >> we moved forward with the county, the state and town to create a buyout program. >> most of those near the leak have taken the money and moved on. mostly just empty lots and soon to be demolished houses remain. but a few hold outs are still here. forced to pay the price for new york city's aging aqueducts. >> i ain't good no choice. i would be taking a $50,000 loss for what they wanted to give me. >> this is the place we're moving in to. this is the place we were happy with. the flooding came, now i know. you know what i mean. ain't too darn much i can do about it. >> reporter: they hope that leaks are repaired before disaster strikes. >> not surprising that a water system built more than 85 years ago springs a leak. but specific tracks and aqueducts are a serious concern to engineers. no better way to understand how the system works or doesn't is to see it first half. that's what kate asher offers in her book. "the works." ing. >> she's currently principle good to see you. thank you for being with us. >> happy to be here. >> this book was from 2013. you detail all of this including the fact that this delaware aqueduct with the use on the other once these tunnels are under pressure. water goes through them all the time. they never stop working. the cracks formed inside of them you can't just shut the water down go inside and fix them. that would be the normal thing to do. you can't do that. >> right, they're used 24 hours a day and they produce huge amounts of water moving through this there through there. >> we leak a lot of water. these water breaks get a lot of attention. we don't see this. this is leaking into the ground and engineers are concerned that it could weaken the ground on which these tunnels are. >> that's absolutely right. to put in perspective a lot of systems leak. some leaks are better than other leaks. we are water rich in that if this was southern california this would be problematic. but we're lucky to have that water supply. certain areas are way more leaky than others and that's what we're trying to address. >> back when you wrote the book. before that engineers realized this was an issue. they really have been working on it for years. it's not like nobody realizes this is a problem. you say everybody has got leaks. are we where we should be in figuring these things out? have we kept up with our infrastructure in terms of water enough that we're okay? >> i think the infrastructure in new york tends to be very old. if you're talking about clean water, sewage or transit we're still trying to use an old system and doing pretty well. the idea of a third water tunnel which is come willing allow the first and second tunnel to be inspected, maintained and repaired. that project has been moving ahead at considerable speed in new york that doesn't move projects ahead fast. >> in a world where--you're right, new york and some other american cities are way ahead of others in the world. your book details these without passing judgment on them. you say what has gone wrong, what has gone right. you say if we don't kick our infrastructure up dramatically it's hard to compete with shanghai, seoul and these cities that are all about new infrastructure. their broadband, highways, everything is new. is there a sense that we can get there in new york. >> i think we're getting there. if you look at what is happening in tell come and other areas, i think after 9/11 downtown you're seeing all new infrastructure there. it's a question of money and it's a credit of people. we are such a dense city that we can't rip it up at one time. new cities can do it right from the beginning. we're dealing with these legacy systems that were pretty good. it's just hard to work on them with so many people above them. >> you're hopeful. >> i think it will work. >> kate ascher, author of a new book about sky scrapers, an lent read as well. the heights anatomy of a sky grapier. these are books that you pick up and don't put down. thank you. >> thank you. >> losing bet in atlanta ski with the closing of several casinos. vegas by the sea may be using the gambling arms race. we'll look i do not the industry is facing an uncertain future. >> every saturday join us for exclusive, revealing, and surprising talks with the most interesting people of our time. rosie perez >> i had to fight back, or else my ass was gonna get kicked... >> a tough childhood... >> there was a crying, there was a lot of laughter... >> finding her voice >> i was not a ham, i was ham & cheese... >> and turning it around... >> you don't have to let your circumstance dictate who you are as a person >> talk to al jazeera only on al jazeera america >> a lot of these mining sites are restricted >> a silent killer... >> it's got a lot of arsenic in it >> you know your water's bad, and you know you're sick >> unheard victims... >> 90% of the people will have some type of illness from the water. >> where could it happen next? >> i mean they took away my life... fault lines... al jazeera america's hard hitting... >> they're locking the door... ground breaking... >> we have to get out of here... truth seeking... >> award winning, investigative, documentary series. water for coal only on al jazeera america >> half of all residents in the northeast live within 25 miles of a casino. it's a startling statistic i didn't know and highlights what analysts say is an industry suffering from saturation. new jersey is struggling most of all. a report today said that the casino reef ne revenue. a new casino will close its doors in september. this will be the fourth casino to close in new yor new jersey. it's not so terrific in the rest of the country either. >> it's a $37 billion industry but some credit agencies say casinos have seen their heyday. a report by fitch ratings cite many big factors working against casinos including saturation and low wages. they say, quote, the u.s. regional gaming supply has largely met demand, end quote. the report rings true for atlantic city. it's gambling industry is faring much worse than the rest of the country 464 casinos. since 2005 atlanta city has gone from $5 billion in annual revenue all the way down to $3 billion. a big reason why , brand new casinos bop u popping up in pennsylvania, delaware, massachusetts, and connecticut. it still places second in the top ten markets in the u.s. but smaller competitors like chicago and detroit are closing in on it. las vegas, the top casino destination in the country remained fairly steady with annual revenues more or less $6 billion a year over the last decade but las vegas has not been plagued with the revenue declines that atlantic city has seen. vegas has been able to stay steady through the recession and reinvented itself as a place for families to vacation. mgm resorts announced the arrival of a musical venue and festival one of the biggest in the world drawing over 85,000 people per show. it hopes to attract even more families to the vegas strip. new york's governor andrew cuomo has decided to take a gamble himself and is expected to approve four full gambling resorts in new york state set to open as early as next year. they include $1.5 billion casino complete with a bow tannic garden, ski slopes an year round renaissance fair but the plan has big critics. for one there will be stiff competition from casinos in pennsylvania and a new 800 million casino in massachusetts. but governor cuomo is optimistic. he hopes to inject big money in some of the more stagnant regions in new york like the catskills. it hopes to attract not just gamblers but families. why else have a year-round renaissance fair. joining me now, chuck, good to have you back on the show. let's go back to atlantic city. atlantic city was ahead of the game in terms of being the gambling destination. because there was not all this competition around it didn't do what vegas did entirely. it build places for gambling that had a hotels around them. >> for many years, the first 20, 25 years they were essentially holiday inns with slot machines. things changed in 2003 with the opening of borgada which is to coin a phrase upped the ante of what a casino hotel could be and should be which begat revel. we know where that went. >> it is a step above other stuff in atlantic city, and revel joined it, just as that realization came around the advent o casinos really signaled the death nail. >> pretty much. revel was an amazing idea when conceived in 2004 and 2005. atlantic city was still the only game on the east coast worth playing except ruler connecticut, a couple of casinos up there. they were going borgada borgada and it made a lot of sense. it's a shame they couldn't have opened in 2005 rather than getting started in than 2005 because it may have been a whole different ballgame today. >> if you weren't a big player, there are all sorts of places you can go around the country and get smaller scale gambling, but this is happened to everybody. everybody who was even marginally a gambling destination with the exception of las vegas has felt the pinch of the fact that there is gambling in urban areas now. >> absolutely. it's all about the convenience. that's all it is. if you have a favorite slot machine, and you used to travel an hour and 20 minutes to atlantic city from the philadelphia area and now there is the exact same slot machine 20 minutes from your house, and you don't care about the steaks and lobsters and kanye west and jay-z concerts, why do i need to sleep m an hour an 20 minutes. . >> why do guys like governor cuomo in new york and other state legislatures think that casinos can pick up economically depressed areas? >> because in the short term they can. politicians love nothing more. politicians listen, eat and grief for the chance to increase revenue without increasing taxes. and casinos is a way to do it. and it's a regressive tax on oh lower income people. let's forget about that for a moment. the idea is that the casinos spend an awful lot of tax revenue especially outside of new jersey which has an 8% tax. pennsylvania is paying a 55% tax. scenes in pennsylvania. >> are there innovations you've seen? >> meaning something new? online gaming but that has not been the panacea and the cure for. there is play. they're getting some revenue from it, but it has not been a game changer that a lot of people thought and hoped it would be. >> chuck, always a pleasure to see you. chuck darrow is the casino writer at the philadelphia daily news, my other city: coming up, a light-rail stem connects minneapolis and st. paul and tens of millions of dollars was spent to make sure that the outcome did not displace low income residents or disrupt businesses. we'll talk to someone who questions whether that makes financial sense. >> this, is what we do. >> al jazeera america. >> more and more american cities are making heavy duty investments in light-rail systems. they're spending billions in the belief that better public transit systems give their regions competitive and economic advantages, and they're right. whether that really happens though is a debate. today i want to talk about one side-effect of building light-rail that happens but does not get attention. huge infrastructure projects come at the expense of poor residents who are either displaced by construction or more likely priced out of their homes when gentrification takes place. but twin cities is making an unique effort to avoid that problem and preserve communities all across income levels. >> reporter: ten miles long with 18 stops between downtown minneapolis in st. paul the green light ligh light-rail connects twin city neighborhoods blocks with sky scrapers through communities packed with refugees. >> one of the things we set out to do when we belt the green line, we made sure that it was opening doors of opportunity for everyone along the corridor. >> reporter: the mayor said the $1 billion light rare project was an effort to attract private development and encourage suburban residents to relocate back to the urban core. already $2.5 billion in new projects have cropped up along the line. resolution detention buildings to retail in office complexes. >> we're seeing a lot of money and investment being poured into the corridors. >> reporter: but unlike other major transit projects the twin city said another important goal, to insure the lowest income communities would not only survive but thrive. >> this turned out to be the most effective project of this type around the country. not only to limit displacement of low income people but affirmatively connect them to opportunities they wouldn't otherwise have had without it. >> ben the ceo of living cities, one of the non-profits collaborating with government agencies and private businesses. building affordable housing along the line as well as help 350 corridors most vulnerable small businesses survive construction and upgrade their operations. >> these are businesses that truly are there to help families get by, own their homes and send their families to school, and just live. >> reporter: isabel chanslor said that her group superintendent on hours 300 hours on each business giving marketing and accounting support and helping the minority and immigrant-owned police access for giveable loans to compensate for lost business. >> without it i didn't think we were going to be able to be where we are today . >> reporter: others like the owners of a aaron grocery store, she has seen a 40% jump in revenues since the light-rail opened. >> we've seen new customers. they've seen renovations here. they heard and wanted to see and kept coming back. >> reporter: creating solid employment for workers. it's still too early to tell if they'll hit their goal, but long term residents who have remained unemployed for a year and a half. >> we're the last ones hired and we're hired at the lower-tiered jobs. >> reporter: there are better ways of helping low income people than spending valuable taxpayer money on expensive public transit system. >> to get one daily commuter to ride that light-rail train instead of driving a car to work would cost 50,000 a year. we could have given everyone a new tesla every other year for the next 30 years instead of building the light-rail line. >> still mayor coleman said in just the two months the green line has been in service it has shown signs of economic impact for all residents. >> we're starting to see people coming into residents who haven't seen the downtown as a destination, and finally we're seeing people move into downtown from all over the region and all over the midwest. >> ridership has beaten projections averaging more than 30,000 weak day rides in th 30,000 weekday rides. at a cost of $27 billion. the route will take commuters into the city. investment in the light-rail is on the up swing, but others say there are smarter, cheaper ways to improve economic opportunities in areas like the twin cities. david, i'm from an old city. i'm from toronto, like new york. we built subways underground and light-rail was the way to do it. but you're saying light-rail which is above ground is too much of an investment to achieve the goals that you're seeking. >> well, it depends on what you want to do. light-rail uses, as you mentioned, $1 billion for the green line $1.7 billion for the green line extension. what is the best use that have money. well, that depends on where you are. a city like toronto and new york will have a different best use of that money than the twin cities. here we--go ahead. >> go ahead. >> we could take that $1 billion and we could have been using it to improve bus service that's going to serve 80% of the transit riders instead of light-rail which serves 20% of the transit riders. an we could serve the whole network and all the people using transit instead of a small fraction of them. it's a question of how you allocate your resources. now the green line is not a bad line. it's the best that the twin cities is going to build, but there are alternate uses of the money that is important to think about how we use those resources and that is never asked in a systemic way. >> go there are obviously better returns on investment, in terms of moving people around, why are things like light-rail get invested in? >> i think there is a culture issue here. you have a set of people who are making decision who is are not transit riders bid a large. you have planners and policymakers who drive to work and they usually drive to work in a downtown office building. their mental model of how people should be getting around is the work commute. most trips are not work trips. to downtown. most people who work don't work in downtown and in office buildings. most people who work downtown might work in office buildings but most people who work in the region do not work in office buildings. their view of getting down is rail, and if your objective is getting downtown that might be true. but there are lots of destinations around the region which are not going to be served by this line and the resources spent here cannot be spent elsewhere. >> when you talk about the issue of gentrification, the issue of we generally think of it as a good thing but it ends up raising rents and if you're a property owner you gain from it. but people from low-to middle income neighborhoods, they rental raises. there has been a 25% increase in median rental rates along the corridor. that's the stuff where gentrification hurts. populations that were already there, pushes them into worse a neighborhoods. >> well, it's a complicated story. the new development along the line is going to be priced at higher rents than existing development. so the rents are going up because there are these new developments charging more money. these new developments are by and large built on vacant lots. they're university avenue where the green line run used to be lined with auto dealerships. a lot of these vacant lots, parking lots. things like that, which are now being developed at a higher density, and is not really displacing anybody yet. now if the green line continues to be successful eventually existing buildings that have businesses operating and people who live there may be displace in the future, but there has not been much displacement yet because there have been so many vacant lots so far that can be developed. >> hundreds of workers are risking their jobs to protest the firing of a well paid man who used to run the market basket grocery chain. i'm going to talk with a woman whose work for the company for more than 30 years, we'll find out why. >> now the latest twist in the fascinating saga surrounding the new england grocery chain market basket. this week the company's two new ceos sent letters to 200 employees saying they will be fired unless they return to work by friday. now as we reported hundreds of market basket 25,000 employees have walked off the job and rallied to protest the jouster of former ceo arthur tdemoulis. he's known as arthur t. he's the grandson of the company's founder. it's been a remarkable show of loyalty. some customers have inflicted more pain on the chain by boy caughting demoulis who was fired back in june who is now offering to buy the company were rival family members. one of his supporters is mindy, an office manager where she served for over 30 years. she considered arthur t a member of her family and wants him back. now you're not out there protesting. you're still at your job at market basket. >> i work at market basket. on my days off i have been going to rallies in support of author t. and my family at market basket. >> tell me about this. this is fascinating. we don't see this sort of thing. arthur t. is a rich man, and you guys are workers some of them on hourly wages. how is it that this man has elicited this response amongst the workers? why do you think of him as family? >> well, my particular story and a lot of my coworkers and family have the same story or similar stories to tell about arthur t.demoulis. three years ago my husband john, who works for the company for 38 years as deli manager, unfortunately we found out that he had been diagnosed with cancer. he ened up going to hospital in may 2011. unfortunately passed away in september. he never made it home. he never got out of the hospital. author t.demoulis, he took care of me and john. he gave me the time to visit with my husband, and one day i was with my husband in the icu and i saw arthur t come down the hall. he came and held my husband's hand and thanked him for all the years of service with market basket. he thanked my family and took me aside and held my hand and cried with me, and you know, just told me that he was here for me and my market basket family was with me. that's why i do what do i, and he means the world to me. i love my job. i love market basket and it's owed to arthur t.demoulis. >> in a day and age that this kind of story comes together. arthur t. has offered to buy the company from his family members. the board has rejected that and told some of your colleagues, the company said 200 of them, although some people say was more people than that, but they got until friday to get back on the job or they lose their jobs. what do you think of that? >> it's heartbreaking for me. i worked at the corporate office office, filling in for a time. these people are our friends. they are our family. when you work at a company for 30-plus years, you get transferred around to different stores and departments. we all know each other and we have each other's backs and arthur t. has had our backs in taking care of us, and now it's our turn to take care of him. when he comes into the store and he comes right up to you and shakes your hand and knows your name, that's not just me, it's many, many workers. he actually really cares about us and our culture at the market basket. >> what a remarkable story. we'll stay on top of following it. we've been following it since it started. we wish you the best. thank you, mary jane. >> thank you. >> coming up tomorrow i'm going to show you how builders are giving new life to old shipping containers, turning them into arguments in washington, d.c. and homes in the hamptons. earlier tonight we brought on kate ascher to talk about the state of water infrastructure in new york city. her books are a wealth of knowledge of what to do with infrastructure work that millions of new yorkers rely on every day. it's also full of history including this little bit. in 1799 the new york state legislature gave aaron burrs newly formed manhattan company the exclusive right to supply water to new york city. the company sank wells on manhattan island and stored water in a reservoir on chamber street near today's world trade center. it prospered and started the bank, the bank of manhattan company. it's bank expanded until the water began to shrink until it sold off its water operations. in the intervening two nuts the the truce in gaza is extended now. residents in the occupied territory battle the spread of disease. ♪ ♪ hello, welcome to al jazerra live from our head quarters in dough law. i am jane dutton. also coming up. no u.s. rescue mission likely but help is still need today thousands of yazidis hiding in iraq's mountains. it was the first papel trip to asia in 15 years, probe fran advertise has touched down in south korea for a 5-day

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