think pretty unique about oklahoma having grown up there, is the ability of the meteorologists in oklahoma city, particularly to track exactly almost block by block where niece storms are. so, once again, the smart thing to do is shelter in place. >> you know, i wonder, you know, you always talk about trying build stronger facilities, or shelter to withstand a storm like this. i heard some say, it maybe was a category four storm, just shy of the more severe one that hit on the 20th. but was more widespread. given the aerials that we were looking at, it's so damaging that i wonder if, if the strongest iron and concrete facilities in the world can absorb this type of beetding? >> you know what? they can. and of in fact, there are stories out today of some of the safe rooms that have been built in that part of oklahoma city.

above ground. not below ground. but above ground. that withstood last week's ef-5 and i think we are going to learn that often times these biggest storms, we have construct the kinds of safe r p rooms. >> is that what we should do, whatever we build now, should be able to withstand that code. the bottom line, instead of rebuilding the same old thing, do they rebuild something that can deal with this? >> yes, and that is the decision that the home owner has to make. what is my risk and should i enhance the kind of building that i build. and in commercial buildings we saw it in florida, this enacted stricter building codes. in florida, one building did not comply with the new codes and it

was destroyed. and the building next to it, complying with the new codes had minimal damage toyota. >> amazing. >> people have to make the decision about how much resources they want to put into the construction. >> okay, thank you. hope to see you a bit later. >> you bet. ones i've made. ones we've all made. about marriage. children. money. about tomorrow. here's to good decisions. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your family's future? we'll help you get there.

>> all right, continuing the special coverage of the aftermath of the massive tornado that hit oklahoma and some 5 other surrounding states, and what it lacked in the intensity of the storm that hit oklahoma, a little more than what, about ten days ago. it made up for in shear breadth and size. and sweeping damage. on the phone with us right now is the mayor of el reno, oklahoma. mayor, what are you seeing from your viewpoint? >> right now, we are trying to assess everything. there's a lot of damage, the town itself didn't sustain a lot. it's the outlying areas and rural areas that, it's pretty

bad. down to union city and east of us to yukon, a lot of the problems were on i-40. which is where a lot of the problems occur. you know apparently, mayor, when folks heard that they went from watches to warnings and that real tornado threats were in effect they tried to get out. that compounded the safety issue. what is the rule of them on this sort of thing? >> we are from oklahoma and we are weather aware of all this. and everyone did a great job here in oklahoma. when they tell you to get underground and seek in place shelter. just get there, do what they say. i don't know what really occurred the only thing i can think of is because of the situation we had a couple of

weeks ago in moore. i think people were trying to get away from it. and i don't think that we have really seep that before. like we've had this time. usually people get underground, there were a lot of people milling around and going look at things and the bad thing about that is wed had a lot of rain, e had 8 to 9 inches during the tornado and after that, a lot of flooding and that was the problem trying to get first responders around the town. >> you know, mayor, you are talking about what particularly what is going on interstate 40, where at least two of the known deaths occurred, a mother and her infant. i'm wondering whether it's getting sore of oklahoma residents sort of like a nervous change of heart about even living in the area? saying, you know twice lucky, i don't want to risk a third time. what is the mood of folks there? are they just saying enough? >> well, i think if you look at

oklahoma, we have been through a lot. we are resilient. i do not get the sense that all the peep want to leave. you go to californiaing you have earthquakes, you go to the beaches, you have hurricanes. we have a season here, it's tornado tonight, it's a certain period of time. we have had a hard time during may. you know, as far as oklahoma, it's the best place in the world to live, and i think we all stick together in times of need and really, i really feel like, you know, just it's the situation that we have to work through. it's where we live, it's where we choose to live. and i do not want to live anywhere else. it's a beautiful area of the country, that is for sure. he is right, there are risks in each area of the country. hurricanes much of the west. mud slides, earthquakes. of course, there's always the terror threat in populated centers of the northeast. it does tell you about the

randomness of life and the fickleness of mother nature. in the meantime, nothing fickle about this ongoing irs investigation. 88 agents were involved in this crack down on conservative groups. and now individuals as well. individual donors, it is widespread and it's not just a few rogue agents. it seems to be a much more concerted coordinated estimate to go after groups and individuals, a lot like my next guest. a lot of folks thought you sounded crazy when more than a year ago, you said you felt like a target and your friends and colleagues fell like a target, and sure enough, you were a target. what do you think of that? >> yeah, i think there was a great point made about president obama. he is a political animal, he does not know anything about the economic, but he is great at throwing sharp elbows and with his words and ways targeting his

political opposition. >> to be fair, we -- careful, i love you dearly. we do not know whether it's him. >> no. that is my point. >> we do not know if there was something else going on in the irs. >> that is my point. the president created an atmosphere, who are calling people in his political opposition, enemies. the question is why did it trickle down to be something in the government that happened. the president said he does not know about it i think that, i would hope he would not lie about it. >> what about the latest one, many, many, more agents were involved, not just a few, and so coordination had to be involved. and it involved individual donors, to separate programs that was started to send -- so

it's wider than we were earlier tol told. >> so i think there's two things that have to happen, in the past, republicans and democrats are working to go down this path, to first out who is quarterbacking this, why did it happen? why was the political opposition of the sitting president targeting? why were people on the center right targeted? who quarterbacked that. and then there's a second aspect, and i think it's the more important and actually one that will have longer impact. and that is from a public policy perspective. what can we do to prevent this from happening ever again to anyone? whether they are a skconservati or a liberal. that is why i'm supporting it. and a lot of groups with supporting it. representatives that would remove the irs at all from enforcing things like obama care. that is appropriate, irs never should have been able to

do that. things like that can role back the tide and power of the irs, one thing we do not want is any american targets, regardless of the political views through the health care and the irs as we now know that is a lot of power. and they can punitively go after people. >> that is the fear. that is a legitimate fear. jennifer, you are right, it's a legitimate fear. good seeing you, even remotely, young lady. thank you very much. >> thank you for having me on, neil. >> i wanted to bring you folks information on the irs, it's in charge of implementing about 40 different features of the law. and policing that and it's already in the process of hiring 16,000 additional agents to do that. some have said it should not happen and will not happen if he has their way and other republicans will have their way and that would stop the implementation of the health care law. we will see. in the meantime, the scenes out

of oklahoma city, you are getting a much better sense of the damage and the devastation, and you are looking at a love of this stuff and you are wondering how it is that five dade and 50 were hurt. as if i should say only, it looks like it would have been a h event hell of a lot worse than that. and that is all on day one of hurricane season. officially kicking off today, day one. and according to my next guest, it should be a doozey. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed much is the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪

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>> they just upped the death count in oklahoma right now, of those affected by yesterday's tornado to 7. and most of those, in automobiles. the cars, stuck in that grid lock along interstate 40 and 35. just trying to get out of town. it was the worst place to be.

as it would turn out that would become death traps. so, we will keep you posted. a lot of this post flooding as well. we know of two potential drowning victims. we will of course, keep you posted. it was -- he and his brother on a rescue at the time at staten island to do what he found that the government was not anyone to do. and what fema was not able to deliver, derek and his brother were. what is it like there? >> hi of course how are you doing? >> very good. >> today, it's beautiful, the sun is out and the weather is fantastic, but there's a lot fear and a lot of people talking about what happened here the last week and last night.

>> government being what it is, it's intentions are good, but actions slow and fema was not quick. you guys set up an independent operation, privately funded, to get the help out, for everything from water to food, to emergency shelter. very, very quick. and now it would seem that taking that national -- what is the trick here? >> you know what? on staten island of course we were hit so hard and it seemed like our friends and family needed immediate help and the governmental agencies were showing up with water and sandwiches and blankets and stuff like that, but they were not helping fill the immediate needs of the residents. we learned that after sandy in the communities and we decided once this storm happened, so many people from oklahoma had come here to helps us, that we wanted to come out and fill immediate needs. we have besifting through pilesf debris. and helping people find important items -- been va

van -- we have been checking the area, and seeing what people need. we are going out and purchasing it and bringing it to them where the governmental agencies do not do that stuff. >> i said last time when you were on, derek. it was shortly the whole thing happened with hurricane sandy. and neither you nor john were upset with the government, you said, you need boots on the ground, know how to get to people without wasting a lot of time and filling out forms and all the rest and just help them. and i was wondering why, at the time, why can't we channel our funding efforts into organizations like yours and other private centers that are being set up right at ground zero. to get help to the people. now we have these organizations that come in here and mean well,

but ultimately do not do a lot of immediate good. >> i agree, neil, it seems like a lot of the long-term -- >> might have loft track there. just to bring you up to bring yn derek and others like him, a host of others that have done this. they just set up their own sort of emergency unit where they get help to the people who need it and get boots on the ground. it seems like practical -- water bottles to people, emergency meals to people, provide ways to get them emergency shelter, the things they need. a lot of people just need batteries, that sort of stuff. they get that to them immediately without having to go through the labrynth of the government where you have to deal with a lot of nuttery. it is something to consider for future disasters especially as we kick off hurricane season. the scene in oklahoma, we're awaiting a press conference that will no doubt include the governor, other emergency officials as we just got news

the damage is accelerating as are the reported dead and injured. seven known dead now. more than 50 hurt. we will have more after this. everybody has different investment objectives, ideas, goals, appetite for risk. you can't say 'one size fits all'. it doesn't. that's crazy. we're all totally different. ishares core. etf building blocks for your personalized portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus, which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal.

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welcome back. we're updating you not only on developments about the awful tornado that hit six states including oklahoma yesterday and the fallout from that and the deaths from that and the press conference coming up on that but also i want to alert you to what happened in the markets. we are not going to leave you out. we were down 208 points yesterday. we had a fairly good month of may though even with that sell off in the end. all of the major market averages ending the month on the up side the nasdaq particularly up almost 4% and the dow almost 2%. s&p 500 up 2%.

for those of you who are regular fans of our business block i remind you they will be featured in their entirety on the fox business network 8:00 a.m. to 10:00 a.m. tomorrow and two of the shows, "cashing in" and "my business" will be featured later today on this channel 4:00 to 5:00 p.m. eastern time. we're not leaving you out. it is certainly on our fox business website we go through some of their choices and picks, their worries, their schemes, strategies. we'd be remiss if we left any of this out because it's pretty heavy duty stuff. i imagine for people in the affected area it matters a lot more than whether they're making money. all right. somebody who is going to address that right now with us is the mayor of oklahoma city. mayor, i'm noticing as we look at the devastation from this tornado that as awful as it was following the last awful tornado, a little more than ten, 11 days ago, the tornado season

has been relatively light this year, and in the scheme of things, mild. what do you make of that and what suddenly happened to change that? >> well, you know, some level of randomness applied to it i suppose. in retrospect what we received last night was fairly typical. we might get a storm like that every two or three years. but what almost occurred was pretty frightening. you know, the storm lifted up before it got to oklahoma city city limits. we had really a lot of high wind and way too much rain. we're dealing with some of that today. but what happened friday night was nothing like occurred may 20th. that was the storm of storms. i mean, that's the one that is probably the second worst in the history of our city. you know we're still getting over the emotional and physical repercussions of that one amazing, mayor. i know you have much to do and much to deal with. we do appreciate your taking the free time you were able to. the mayor of oklahoma city. we are waiting to hear from all of oklahoma officials very soon

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canadian county, oklahoma officials updating us on the twister that did a lot of damage. there are still some threats in that region. >> pretty much parallel to each other. most of the damage in the county to the west is going to be around childs west of el reno and then it runs to the east about as far as cimmaron road. there may be other damage but this is the major damage we're talking about. these are the areas that we actually recovered some of the fatalities victims out of. basically, like a lot of events when these tornadoes happen it's pretty chaotic. there's a lot of destruction that happens. we know there will be injuries and some deaths and a lot of people self-deploy nt