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Good afternoon, everyone. Welcome to the National League of cities. Im the ceo and executive have you in what we call cities in america. The National League of cities is an organization that represents the 19000 city, towns and villages in america. Today, we thank you for being here because we are releasing the 34th annual city fiscal conditions report. Each person in this room is here for a reason. If you are interested in what is happening in cities all over america, perhaps you enjoy digging into data and understanding the physical nature of the data on our community and you really want to ...

Im the ceo and executive have you in what we call cities in america. The National League of cities is an organization that represents the 19000 city, towns and villages in america. Today, we thank you for being here because we are releasing the 34th annual city fiscal conditions report. Each person in this room is here for a reason. If you are interested in what is happening in cities all over america, perhaps you enjoy digging into data and understanding the physical nature of the data on our community and you really want to hear about the pressure that city leaders face everyday and balancin...

Legal order. Look at applause for a second selling this class to what we did last time. Last summer talking about federalism and particularly the balance of power between states and for cavities. People talk about federally something usually used the term to refer to the balance of power between the federal government and states, that summary talking about debates between states and a local level power. Theres more to be that the federal level and everything they were much more contentious because so much governing authority was actually located in the states a little cavities. We were talking...

[inaudible conversations]. It is a pleasure to have you. The National League of cities in the city towns and villages. Of america and rethink you for beingal here. The fiscal conditions each person in this room what is happening in cities all over america perhaps you enjoy digging into data to understand the nature of the data if you really want to hear about the pressure city leaders face every day to balance the budget and deal with issues and various policy issues to make sure you are in the right place at the right time with what america will be dealing with how that relates to the fiscal ...

Selassie. Gretasamberg tells says the future has been stolen by greed and arrogance. It is the monday trading which has concluded in the u. S. Lets get a quick reminder of how stocks ended the session. It was a welcome conclusion to see the stocks pretty much flat after a bit of a slump on friday. You can see the s p 500. 0. 1 , butu call down pretty much flat across the board. 2 gain, six points. Lets get things going. This market was a lot about numbers. U. S. , the services indexed stayed pretty good. It was in europe where germanys manufacturing purchasing inagers index went to 41 septembe...