" Money this is mayor Mike Bloomberg. If there's any silver lining to a bad economy. It's that it compels us to do even more to encourage innovation generates savings to avoid waste. Last week the city announced an initiative that will do just that and helps save homeowners and businesses tens of millions of dollars on the air water bills. You're just now becoming the largest city in the world to use wireless technology. To read commercial and residential water meters instead of having someone come out to regional meet a four times a year as the current practice. Hermida will be read through an automated system. Four times a day. Eventually you'll even be able to track your water usage on the city's web site -- NYC duchy of -- Many benefits to an automated system. First automated teetering will virtually eliminate the estimated bills you currently receive when the meter reader pays a visit and no one's at home. That means that you will be constantly -- For exactly the water use. No more no less and no surprises when built ultimately get adjusted after the meters actually -- Second an automated system will allow you to see more frequent and more detailed information about a water usage. Rekenthaler treat the leaks or other structural problems the you've been having wasting water. And it will save you money. Even as in his system leads to relatively modest reductions in water use he could still save your customers millions of dollars a year. Last week we also took a step the world -- cities freelance workers and other small business owners save money. That a lot of freedom and flexibility -- being freelancers. And certainly there's nothing like being your own boss. But freelance is up and face some serious disadvantage is that comes to taxes and benefits. On Monday I announced a partnership with the freelancers union to begin addressing some of these challenges. For example. The union support our proposal to reduce or eliminate the states -- incorporated business tax. Which double taxes freelancers and of the small businesses. Another major obstacle to growth is overhead. In January we launched an initiative to create new activist based on -- ignores looking to start their own businesses. And the months ahead will work with a freelancers union defined low cost office space specifically for freelancers. Also worked together with them to develop a proposal -- federal unemployment benefit for independent workers. Reliance is now lack any safety net to fall back on during hard times. And that's not healthy for workers and their families and it's not healthy for our economy. As the time to start leveling the playing field. But those entrepreneur or is because they represent the talent ingenuity that's going to help grow our city's economy. And make it work more efficiently over the long term. Independent workers you should know make up more than 15% of our city's workforce. Often supporting signature industries. Such as design publishing and fashion. We need are freelancers. -- do everything we can to make sure the work they do hey. This is mayor Mike Bloomberg thanks for listening."