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tv   FBN AM  FOX Business  September 14, 2018 5:00am-6:00am EDT

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storms, we call them disasters because they break things, the infrastructure is going the break, the power will go out, it could go out for a number of days, for many weeks, it's hard to say at this point. maria: nearly 300,000 people without power in north carolina this morning, more than 1,000 flights have been canceled, full coverage right here, we are tracking the storm's path, we are keeping an eye on markets this morning, futures indicating higher opening for broader averages, s&p 50 within striking distance of all-time high. gains across the board yesterday, take a look at the yesterday's close, 147 points at the close, nasdaq was up 59 points. in europe this morning let's take a look at the action live right here ftse up a fraction, cac quarante in paris up 22 points and dax index in germany up 52 points, almost 1 half of 1% higher. in asia overnight here is the close, mostly higher session, best performer was the kospi in korea up 1 and a half percent.
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developing story that morning in massachusetts, dozens of homes bursting into flames, likely result of gas explosion, all the stories coming up this friday morning and joining me to break it all down fox business network dagen mcdowell, hill columnist liz peek and 32 adviser former economic adviser to president obama robert wolf joining us this morning, good to see you. >> good to see you. maria: welcome. >> good morning. happy to be here. maria: we are here an hour earlier because we are seeing dif station all across north carolina and south carolina. dagen:ly quote our meteorologist at fox janice dean that this is a water event that will last not hours but potentially days and we are looking at rainfall totals that could rival what we saw with hurricane harvey which by the way is the second costly hurricane in terms insured and uninsured losses, harvey second costliest hurricane in u.s. history, we are looking at potentially 50-inches of rain
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even in some areas and you are already seeing what's going on in new bern, people needing to be evacuated, rescued because they didn't leave homes with this massive storm surge that's begin to go hit the coastline. maria: we have wall to wall coverage of the hurricane this morning, of course, we have other things happening that we want to bring attention, there was a resignation at google because of google's plans to not work with the u.s. government but actually go into china and work with the chinese government, your thoughts, liz? >> i think it was pretty egregious that the company was willing to be complicit with china in some really horrendous abuses being carried out in that country, suppression of free speech being the worse but also attacking various minorities muslim minorities in the country so for them to decide that that was an opportunity that they couldn't pass up but they didn't want to work with the american government on artificial intelligence, that i thought was incredibly poor decision and google has some problems right now, they are also enormous
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conversation yesterday about film that came out showing that the the management of the company was left-leaning which is really no great surprise, i think it's doubling down on the idea that google is not impartial in -- in how they confront american politics or american economy. maria: looks like it'll get more expensive for google, the heat is on, we will be watching that. lawmakers are working on tax cuts 2.0, obviously the focus here is going to be -- is going to be the individual cuts, robert, that's something that looks like it is heating up. >> yeah, listen, i think it's a good conversational point for the republican point, it doesn't seem that everyone is in support of bringing this up before that point, the chance of it actually happening is unlikely. maria: you don't think it happens? >> i don't think it happens but makes a lot of sense for the republican party to bring it up because the tax cuts 1.0 is something that they should be running on. maria: of course, we saw two
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straight quarters of 4 plus percent growth and you have to expect that that was really impactful in terms of economic growth, all of that coming up joining me kevin brady will tell us the reality of that tax cut 2.0, virginia congressman dave brad is here along with dallas federal reserve president and ceo robert kaplin gives us his take, real housewives of new york and be strong relief organization, beth any frankel stops by this morning, don't miss a moment of it, we are coming for four hours, a lot coming up, so do join us, kick it off right here, the carolina coast hurricane florence is about to make landfall bringing with it rather terrain and powerful storm surge, jeff flock from carolina beach, north carolina this morning, jeff, good morning to you.
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>> good morning, maria, there's more to come, it'll make landfall to north, we have a long way to go with the storm, south of us myrtle beach, this should be quite a day out here, fortunately the good news is a cat 1 storm, the wind problem would not be as great however as dagen pointed out, the water, that's the big issue. i would point out that the waves behind us the way the storm has come in, being north of us, we are getting wind coming in our face as the water -- atlantic behind us, we are not getting surge right now. in fact, if you look at the waves, you see they are beaten backed by the wind, that's a good thing, however, as the storm makes its way down the coast and to us, it'll swing around and go the other way. so a lot more to come, maria, we will live on the ground in the 7:00 o'clock hour of your broadcast and we will show you what the town looks like. maria: all right, jeff, thank you so much, jeff flock live this morning in carolina beach.
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right now red cross spokesperson, from your standpoint, what is the most dangerous thing for people right now, what should we be focused on? >> yeah, i heard in i -- intro, it's a water event. thousands of people in shelters, enough to support people in shelters, this will be days weeks and potentially months efforts to the red cross to provide effort to those who need it. maria: in other words, dagen mcdowell, it doesn't matter it was downgraded from a 4 to a 1 given it's a water event. dagen: people here in new york city remember super storm sandy, that came on shore as category 1 and you saw the devastation in new york where half of manhattan just one example was out of
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power for decays on end. we look at harvey, second costly hurricane when you consider insured and uninsured losses in damage. stoked hurricane katrina. these are both storms with damage of $125 billion. with harvey, when harry started dumping all of that rain on the houston area it wasn't even a hurricane at that point, it had turned into a tropical event, a tropical storm. we were talking about 50-inches of rain with hurricane harvey, those totals are even higher today closer to 60-inches in some areas so that's what we are talking about in terms of flooding, this is a storm that is expected to linger over the coastline and continue to dump water, this becomes a horrible flood on the coastline but also inland. maria: also inland.
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dagen: you have massive storm surge that pushes all of the water inland up the rivers and creeks inland and then when it starts dumping rain west in the western carolina, that water then has nowhere to go, you're looking at potential flooding in the appear -- appalachian mountains. maria: yeah, where are the most needs for people? >> yeah, once the storm passes and we get a sense for what the true damage is, we will move resources and move supplies that have been prepositioned in areas that are safe from the storm and start to do the work that you've seen in previous storms, that's the mobile feeding, we have over 80 feeding units that are available that will go through neighborhoods and provide food and clean-up items, mental health services, health workers, this would be in effort with partners state, local and federal level as well as community groups, faith-base
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groups, this would be community rallying effort and we are proud to be part of it. we know this will be difficult days and weeks to come for the residents to have states. >> is it good news or bad news that we are not talking about a major city being in the throw of this? i mean, houston, the damage numbers from harvey mainly because it was houston that was hit, in terms of rescue efforts is that harder or less hard? >> you know, cost families that'll be impacted this is a major event, we are talking shelter for a hundred thousand people that will see homes impacted. for us for one family that's displaced that's a major event and we will have to be engaged for a significant period of time and will take significant amount of resource, nationwide mobilization for the red cross and we are preparing and this is what we train for and we hit the ground running once the storm passes. maria: what's your estimate in terms of the the people that did
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not leave and what are you doing those for those people? >> so right now we heard various estimates of what the percentages are. we do have a significant number of people who did heed the warning and that will be conversation with emergency local managers on the ground once the storm passes and safe for workers nothing and safe for workers, this is why we prepare miami, those in home try to get to highest point you possibly can. it's never safe to walk-through, it can only take 6-inches of water to remove a water, stay safe and we will get to you as quickly as we can. maria: thank you, jonathan, jonathan from red cross, you have a drone company robert wolf, measure, what happens to drones in this kind of environment, can they even fly with the torrential winds? >> so, thank you for asking, so as you know, we will talk more later as we have done a lot of work with fox but we have been, you know, at maria, we have been
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at irma, we have been at harvey, we were in hawaii the last few weeks and we were now down in florence, operators, we will do three different things, we will assist with search and rescue missions, we will assess, you know, what we will call critical infrastructure, power lines, cell towers and the other news footage. maria: but the ability to even be up there flying in the winds? >> operators are mainly military and so they are able to navigate. you're not going to put the drones in the eye of the storm, but where they can go the places for the most part helicopters can't get to, satellites are not getting to, so their impact is going to be incredibly helpful, the work they've done through 2017 we were -- we spent, you know, weeks in puerto rico. >> are they big enough to deliver supplies and fresh water and things like that or are we
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talking about really just photography and sort of helping with rescue efforts? >> so the answer is yes there are many drones that can help with, you know, with the red cross and delivery and hard to go areas, that being said that will be unlikely for this storm but in places like puerto rico that was used often. maria: wow, 9 feet is what we are looking at right now in terms of the water surging up and we could see the devastation with that car. dagen: that's animation, that's animation from the weather channel, illustration of what a storm surge would look like. this video went viral. they were trying to send home the miami. >> everyone is talking about the simulations that they've side today show -- >> terrifying. >> pretty effective in term of getting people -- maria: leave. we will leave it there, we will take a short break, the
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hurricane pounding the carolinas this morning causing more damage before it makes landfall, more on the extent of the destruction. tragedy in massachusetts to report, dozens of gas explosions rocking the boston suburbs demolishing homes leaving at least one person death, have the details after the short break, stay with us. if your insurance won't replace your car, what good is it? you'd be better off just taking your money and throwing it right into the harbor. i'm gonna regret that. with new car replacement, if your brand new car gets totaled, liberty mutual will pay the entire value plus depreciation. liberty mutual insurance. ♪ liberty. liberty. liberty. liberty. ♪
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maria: welcome back, we are following the dangerous path of hurricane florence this morning, we will have update this morning, deadly gas explosions in massachusetts, cheryl casone with all the news this morning, cheryl, good morning. cheryl: yeah, good morning, maria, a series of gas explosions have killed a teenager and injured at least ten others, the blast also igniting fires in about 40 homes
quote
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in three different communities north of boston. >> at this time the focus remains on ensuring the public safety, once that's complete we will work with federal government and others to investigate how this occurred and hold the appropriate parties accountable for their actions. cheryl: police have urged residents with clrvia gas to evacuate because of the explosions is under investigation gas leaks is being looked at we should say. well, it was a day of denial for far-left liberals in new york democratic primary, andrew cuomo sweeping victory over progressive cynthia nixon winning 65% of the vote, cuomo's victory for third bid term, meanwhile there was another socialist victory julia salazar unseated a 16-year incumbent in
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a seat for new york state senate, adds her to list new york state democrats who have knocked out established incumbents. new york politics has been pretty crazy lately. companies working on project dragon fly, 1,000 employees have called on google to be transparent about the project. a bipartisan group of 16 u.s. lawmakers asking google, shares up 11% so far this year. facebook will chart fact-checking photos and videos as part of effort of misinformation company's efforts have been focus on rooting false news articles and facebook not only using own human reviewers
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and tech the companies relying on users to flag video that they think could be misleading, and shares of facebook there you go are up about 8% so far this year and there's the stock right now and those are your headlines, maria, back over to you. maria: thank you so much, cheryl, hurricane florence bringing more than 10 feet of storm surge and flash flooding for the carolinas, we are tracking where the storm is heading next after the break stay with us what do you mean it's not working out, craig? i just introduced you to my parents. psst! craig and sheila broke up. what, really? craig and shelia broke up!? no, craig!? what happened? i don't know.
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on any screen. bingo! alright! and watch whatever you buy. wherever you are. head to xfinity.com/stream to start watching. simple to rent, easy to buy, awesome to go. maria: welcome back, hurricane florence is nearing landfall, the storm bringing devastating wind and rain, fox news senior
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meteorologist janice dean tracking the storm. janice: hi, maria, the take away from the story from florence is not going to be the category or the very strong winds, it's going to be the slow movement of the storm and it's going to be a water situation. the water is what's going to cause the potentially deadly catastrophic situation, so because it's slowly moving inland it'll increase duration of heavy rain and storm surge, the wind gusts of over 100 miles per hour, we certainly saw that overnight and the storm surge of over 11 feet, we saw reports of storm surge of over 10 feet in the city of new bern, the slow movement is going to keep flooding risks through the carolinas and apa -- appalachians, tornadoes will be a risk throughout the duration of this event, the northeast quadrant is where we are seeing the strong winds, the very strong storm surge and the
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heaviest of rainfall as the tornado threat, storm surge forecast for new bern, reports of over 10 feet and we could get upwards of 12 feet up to 13 feet of storm surge and water is the biggest killer in tropical systems when it comes to land falling hurricanes unfortunately it's not the wind, it's the water and because this storm is going to sit and stall and not move very quickly we could see rainfall in excess of 3 feet maybe up to 4 feet in some locations, but widespread amounts of 6 to 12-inches as well as spreading into the appalachians. the core of the strong winds is making landfall, it doesn't need much, just shows you where the lowest point of pressure moves on shore. landfall is imminent but the strongest core of winds are moving on shore right now, 20 to
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40-inches, someone will get that, 7 to 11-foot storm surge which we have heard reports of in newbern where people are still being rescued unfortunately, maria, we will keep you up to date throughout the morning. maria: coming up the force of florence, the hurricane pounding the carolinas causing major damage before making landfall, we have the latest from on the ground in north carolina right here stay with us. as one of the nation's largest investors in infrastructure. we don't just help power the american dream. we're part of it. this is our era. this is america's energy era. nextera energy
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maria: welcome back, good friday morning, thank you so much for joining us, i'm maria bartiromo, it is friday september 14th, top stories right now just before 5:30 a.m. on the east coast, landfall coming soon, category 1 now, hurricane florence lashing the carolina coast with winds of up to 195 miles an hour, officials are warning local residents to stay on alert and stay off of the streets. >> the trees could be down on
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the roads, the power lines are going to be down on the roads, don't drive your car on standing water on a road, there may be no road under standing water and maybe a power line down under the standing water. this is enormously dangerous. maria: florence leaving nearly 300,000 people without power in north carolina, more than 1,000 flights have been canceled. florence expect to go produce storm surges of up to 11 feet, live update from north carolina in just a moment. futures this morning showing markets will open higher, dow industrials up a fraction, 44 points higher, s&p up fractionally, 5 points higher and nasdaq showing gain of a third percent, 29 points higher right now. this after markets finished higher, take a look at indices at the close when dow industrials picked up 150 points and nasdaq 60 points at the close yesterday. in europe this morning, we are seeing money moves into stocks, dax index up a third percent as cac quarante in paris this morning with 17-point move
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higher. asian markets mostly higher overnight, shanghai composite down two tenths of a percent, the others up strongly. top story this half an hour, eye on the storm, category 1 hurricane, downgraded again, florence striking the carolina coast with terrain and dangerous flooding, jonathan covering the storm live in north carolina right now where we see it happening taking place, jonathan. >> all right, we are -- okay. good morning, we are experiencing the worst of the tomorrow that we have seen so far here on wrightsville, cell phone coverage is spotty, we lost electricity right after 1:00 o'clock this morning and
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looking out we were seeing green flashes in the distance where transformers were blowing up in the heavy winds, power being knocked out to most of this island and throughout the entire state of north carolina, more than a quarter million customers are with power, duke energy leading providers says it'll take days perhaps a week or more before power can be restored but crews are staged in safe areas and will begin the repair work as soon as the storm passes through. the problem is this storm is moving frustratingly slowly and so all of these buildings, all of the infrastructure, all of the power lines is going to have to put up with heavy winds for a long time and also heavy rains are going to dump across not just the coast but interior parts of the carolinas causing floods in areas not used to this
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much water, so the problems here are just beginning, back to you. maria: all right, jonathan, we will be checking back, jonathan, joining us right now is mark, senior managing director and former fema deputy director, mark, thank you very much for weighing in here, we are locking at former storms, past storms following major storms, helped 40 communities respond across texas, florida, georgia, your company assisted texas with housing repair program post hurricane harvey, what can you tell us this time around, how are you preparing? >> we currently have staff located with many of our customers up and down the east coast particularly in the cone for florence. we have people located in emergency operating centers so that we can help them with all the requests that need to be made in regards to life-saving, life-sustaining supplies all the way to prepositioning and
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discussions of where we need to be for recovery programs post storm. >> hey, mark, thanks for all of your work, how do you look at this versus the 2017 hurricanes like harvey and irma and what were some of the lessons learned that you'll be using for florence? >> certainly, a lot of lessons learned and the emergency community continues to learn after every set of storms. one of the things that will be major focus immediately after florence, right, we have to get past all of the life-saving, life-sustaining activity that need to occur, we will be in the focus, rush to rebuild and recover and get things back to state of normal but there should be a very conscientious that takes place at the same time about what needs to be done for these communities to be rebuilt in a fashion that's more resilient and those discussions,
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you know, if they are not already happening, need to be happening very soon as, you know, there's going to be push to restore services and how you do that and the way you do that is critical days after the storm. >> are you mainly talking about the critical infrastructure aspect, transmission lines versus being aboveground versus below ground, how schools are being built, you know, wi-fi versus fiber, what do you mean lessons learned and what changes that need to take place, what are you looking at? >> it's all the things you mentioned as well as some others. communities will need to ask themselves with the infrastructure that's been damaged so they want to build where where they were in a community whenever they put the infrastructure in place or do they want to take some advantages of the new flexibility in both fema and hud programs to rebuild in a fashion that they think is much more
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appropriate for the community over the next 30 to 40 years and so, you know, there's really complicated land use decisions that'll need to be made and some questions that, you know, coastal communities need to ask themselves about the risks and who the risk specifically and living in coastal communities. >> it does seem as though the government is doing a much better job with each successive storm at warning people and getting them out of communities that are particularly at risk, i mean, i think the terrible stories and outcomes from recent hurricanes have made that probably easier, but is there anything more that could be done? i was reading yesterday about long lines at the gas stations, that always seems to be a problem, surely there could be some, you know, maybe bigger effort to kind of get ready for the mobilization, we are talking hundreds of thousands of people on the move, that's a challenge to be sure, but are we doing enough on the front end of these events? >> there has been a lot of focus over, you know, the past few
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years but certainly after the hurricane season that occurred in 2017 to focus on partnerships with private industry and those who actually supply gasoline and all the critical supplies that are needed during an evacuation, so there's a public-private sector partnership that continues to emerge that those who do work on a regular basis can find ways to pitch in and actually provide, you know, a better status quo for what happens during evacuations. dagen: and mark, working at fema for so many years, this is dagen mcdowell, those partnerships have been in place. i was down in the part of the country a few days ago and you see all of the fuel trucks and you see all of the electric company workers that are heading toward the storm that fema has partnerships in place, my own
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town was sending trucks day ago to make sure people have access to gasoline and other needed fuel but in terms of its the immediate response with food and water that was such a, if you will, failure last year, talk about what fema has done to make sure those supplies are there and ready and how they can get them to people who did not evacuate? >> so i know that, you know, fema report that they did what occurred in the island of puerto rico, you know, hit only of the points you just mentioned specifically they have gone point by point to look at where their supply chain logistics failed and what it is that they need to do to change that, a big portion of it actually was reassessing the contracts that they had and i identifying periods of time in which they would actually give notification to supply-chain providers and as i understand good portion of the
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correction actions have taken place since the time of puerto rico storm. maria: all right, we will leave it there, thanks very much for weighing in, we appreciate your time. thank you, mark. coming up major damages as hurricane florence comes in carolinas, more on the destruction, back here in a minute. when it's too cold for camping, we go camping. when it's too hot to work, we work. too wet to keep going? nah. this is the gator xuv835. with game-changing heat and air and three-wide seating. it's never too anything for anything. nothing runs like a deere. get $400 off the gator xuv835m at any participating john deere dealer.
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maria: hurricane florence wrecking havoc this morning. let's check headlines first, police officer in texas shot by robbery suspect. cheryl: that's right, maria, fort worth police officer shot, the wounded officer, part of the unit that surveils suspects in series of robberies, one suspect shot and killed by officers and two others arrested. wounded officer said to be in serious condition. executive shake-up at goldman sachs naming john as the company's new president and coo, he's on the right, steven on the left is going to be cfo replacing martin chávez who has held the post for over a year,
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taking a look at goldman sachs, stock down this year. major recall at general motors, more than 1 million trucks need repairs for temporary loss of power steering, recall calls 2017 chevrolet gmc and cadillac pickup trucks and suv's, 30 crashes and two injuries but no deaths linked to this recall, shares of gm are down 17% so far this year. now there's this, the volkswagen beetle is coming end to road. shutting down plant, 80-year run for beetle. there were many americans that learned about this german brand in the 60's when it became the cool hippy car, the beetle one of the best-selling vehicles of all time 22.7 million sold worldwide. they got rid back in late 70's
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and came back in the 80's maybe another beetle sometime soon. maria: iconic vehicle. cheryl: california, surf board and a beetle. maria: thank you, cheryl, we are watching hurricane florence, businesses are bracing for economic fallout as well, we have that impact as well and the impact of tourism, stay with us back in one-minute time i needed legal advice for my shop. that's when i remembered that my ex-ex- ex-boyfriend actually went to law school, so i called him. he didn't call me back! if your ex-ex- ex-boyfriend isn't a lawyer, call legalzoom and we'll connect you with an attorney. legalzoom. where life meets legal.
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maria: welcome back, hurricane florence bearing down on much of the eastern sea board today, take a look at these pictures. the cost of rebuilding homes and
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businesses after the rain stops could top more than $20 billion, joining us the founder and editorial direct or of travel pulse.com, mark murphy. thank you so much for joining us this morning, how do you come up where the estimates in terms of what this might ultimate cost. >> the word is might. they are talking about over $2 billion in terms of the storm, how much rain is actually going to fall, how much flood asking going to take place and the folks on the tourism side, we are covering the side from the travel news, what's going to happen when we come around to next season, are they going to be ready to invite travelers to gradually build up in the spring, summer is the big season, from an economic impact on the travel side it's minimal because we are passed peak season and after this clears out what's left and what's it going to take, it's interesting whenever you have an event like
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impact in terms of the rebuilding, it brings in lots of dollars, there's an economic influence obviously after the fact and we will just have to wait and see what takes place. >> mark, when these big hurricanes happen, does it change the view of tourists, you know, post mortem a year later, do americans tend to go to those areas because they want to build back or stigma attached that i'm not sure it's ready to go to in. >> it's funny thing you say that, caribbean, a limited part of caribbean was impacted last year, but the mine set is all of the caribbean, aruba, et cetera, when you think about it, the answer is really twofold, yes, people will be like is it okay to go back and people like me that say get on a plane and get back because ultimately you're going to support the destination and if you love the destination then go back and support it, so
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i think it's about people like me and you folks getting out there and showing what's really going on on the ground because too many cases, you know, whether it's egypt, zeroed in a country of 80 million people and we are looking at 10,000 protestors and you're not seeing the scope of it. maria: you make assumption. >> yes. >> the states have to come with big advertising campaign and say we are back, we are ready for business, et cetera, and presumably they will be, it can be done pretty quickly. >> absolutely, there's no reason why in 3 or 4 months they are not back to business as usual, that's how it should be in this case. dagen: in terms of this part of the country, though, this is golf central, there are so many very high-end golf courses in north carolina and even down in the myrtle beach area, that'll be critical how much is done to golf courses because that drives a lot of the tourism? >> no, absolutely, it's that,
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it's the beach rentals, the multigenerational families, what's nice about that economy down there you've got agriculture, you have huge agriculture business, you have, you know, farming, you have pigs, you know, hogs, they are very diversified in terms of where they are getting the economic, you know, upside, so to me i would be more concerned about those industries, automotive, the manufacturers down there and what's taking place in terms of them stopping production temporarily, what's the overflow of that, those are the things that when you look at it from a macro level is an issue. on the golf course side, the rain will cause damage but i think that can be quickly mitigated and we have seen that in lots of other places. >> a few more water hazards. >> the biggest danger for anybody playing golf is me on the course. [laughter] maria: does this have broader impact on the economy or do you think this is contained to that area? wilbur ross said it's not going
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to impact the economy overall. here is what he said, let's get your reaction. >> it's very, very serious issue, particularly for agriculture but also from the point of view of flooding, it will have impact on export-import, since we import more than we export probably that will be a little bit of a help to the economy but it will slow down shipping. it will raise the cost of the transport because the vessel is on water more days, it'll have a lot of implication. maria: your take, mark. >> so i think it's isolated. i think it's limited because even $200 billion if that's the economic impact overall in our overall economy, if you put it, drop in the bucket, terrible for the locals there. when you look at businesses like the airline industry and how they are canceling flights and how they will have to eat some of revenue and take losses there, it's going to impact certain industries and certain businesses but i think overall
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this is something we've drawn accustomed to. we had last year hurricane that is hit florida, et cetera, everybody is back, you know -- >> you get building boom. >> without a doubt. dagen: just to point out with eastern north carolina it is known for the military installations there, johnson air force base and camp lajun and fort bragg but that is one of the greatest if not the greatest concentration of hog farmers in the nation and pork production and much has been learned since the dave stating flooding after hurricane floyd back in 1999 where the sewage lagoon overflowed so they have improved in nearly 20 years but down in south carolina it's important to note the car manufacturing that's down there with the plant that bmw has, mercedes plant, i
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believe volvo, there is more manufacturing, boeing has a very prominent plant in south carolina. that's more manufacturing work oriented when you get down into the south carolina area. >> yeah, without a doubt. volvo came out and said they will stop production at that plant for several days, so i think that's where you get the build-up and everything comes to a halt so you're absolutely right. it's interesting that you talk about the run-off from the farming because that has been huge issue and i think that's a huge issue whether you have a storm or not, getting better at controlling that, you know, that runoff that's causing in some cases they are talking about the algea blooms, et cetera, that's really a by-product of many cases to have business model itself, so it'll be interesting to see how that -- >> mark, getting back to travel and tourism hat, with respect to consumers and store owners and so many hurricanes coming over the last few years, are some of
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the store owners saying, hey, i've had enough and not coming back in a full fashion and stying you know it's time to move on? is there a change happening in these coastal areas that you're seeing? >> no, i'm not. maria: longer-term impact. >> yeah to your point longer term n reality if insurance is going to pick up the tab and you have the national flood insurance program and you can tap that people continue to rebuild in those areas, right, and so as long as there's the population and there's the draw, i have a home in fort lauderdale, it doesn't matter. >> i was hearing interviews before the evacuations saying the store owners have i have to come up with 300,000 more dollars to do some things to protect the store and protect that, i just don't have that, most of this insurance comes after the fact. >> correct. we is that true with sandy, years later and people are still
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rebuilding, when you don't have access to resources i couldn't agree with me, sometimes you get fed up and say enough is enough but for the most part, tourism area, myrtle beach, the coast of carolina and outer banks, these places have been staples of tourism for decades i don't see this changes whether it's this storm or the next storm. dagen: just real quickly, economic impact, we buy things instead of going to the movies, for example, you'll go out and buy a generator instead of buying a new lawn mower and i know for a fact just talking to people on the ground that like this storm literally saved some small businesses because people were coming in to buy a generator and buy all the -- maria: goes both ways. dagen: exactly. >> pushing demand forward, that's the key. maria: mark, i appreciate you weighing, mark murphy, we are tracking hurricane florence bearing down on the carolinas, we are live on the ground next hour mornings with maria right
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welcome back, good friday morning everyone. it is friday september 14. your top stories right now just before 6:00 a.m. on the east coast. the threat of hurricane florence now a reality. now it is a category one storm. the eye while making landfall in the center will occur soon. common sense and patients. the heavy rains and high winds are likely to spread across north carolina linger for days. we will see more rain and more flooding from our reverse.

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