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tv   America Reports  FOX News  March 14, 2023 10:00am-11:00am PDT

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wear a ring no matter where it comes from. >> congrats to you. >> my husband does not wear his world series rings either. >> do you wear them? >> i have one on a necklace, but i don't wear it. >> we appreciate your super bowl ring and more importantly your service. cheers to your wings, boneless or not. don't forget to dvr the show and here is "america reports." thank you president biden is angering both sides of the energy debate with his decisions over oil drilling in alaska. he gave a greenlight to an $8 billion project and he blocked drilling in offshore areas that critics are arguing could put america's energy security at risk. >> the president's move may calm the fears of lawmakers, or it may unleash american energy
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production. alaska republican senator is here to weigh in. >> i think a lot of us were panicking. we're trying to get through it and open different bank accounts quickly. >> am i nervous? no. it is backed, secured, the government is doing the right thing. >> i'm shocked it happened. i'm devastated it happened, because svb was the heart of the ecosystem for the technology and venture company world. >> president biden says americans should feel confident in the state of the economy, but inflation collapses are doing little to confirm those fears. hello and welcome, everyone. i'm sandra smith. >> i'm john roberts in washington. this is con"america reports."
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businesses and the broader economy. >> the february report further complicating the federal reserve's big decision on interest rates. it is looming. many economists are pleading with chairman powell to tap the breaks on the rate hikes following the collapse of two may major u.s. banks. first we're going to peter who is travelling with the president. they are in vegas today. >> reporter: yes, and this decision to investigate would be something they made independent of the white house and we're told it does include the possibility or a probe into possible insider trading by svb executives. for his part president biden is laughing off questions about the bank's collapse like this with
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the australian prime minister. >> appreciate you. >> he said i didn't ask to borrow money. he is calling for congress to step in and crack down on bank executives, but in congress there is some uncertainly about whether or not this silicon valley bank failure could happen again, and then would deposits be refunded with bank fees. >> is it a bailout? >> will taxpayer dollars be on the line? so far we're told that is not the case. they'll figure out within the federal government a response that won't require taxpayer contribution. we'll keep a strong eye on that, i'll promise you. >> many in congress have been already, and some are ready to call this a bailout. >> it is absolutely a bailout.
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h look, we have community banks across the nation bailing out depositors. silicon valley, new york, perhaps china. they will pass that fee on to community banks. every bank in america. >> and this bank failure is a new wrinkle in a run up to an expected reelection announcement where president biden likes to talk about the success of his plan coming out of the pandemic. he will be here for a fundraiser. the power center of democratic politics in this battleground state. >> don't forget your winnings are taxable. peter deucy for us. sandra? >> let's bring in our panel, doug is here. right now we see another big bank is taking a hit by the way. credit swiss. that could be playing out, they
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are eluding to the comments that they're having struggles. so are we looking at a big problem for the u.s. banking system? or is this concentrated in some of these regional banks? how do you see it? >> it is certainly more likely the latter, if it is even that big. so far we know that the silicon valley bank problem is a huge management error. they failed to manage the interest rate risk. and it was modelled on one type of customer and they ran into trouble at the same time and wanted their money back. that doesn't look like 2008 when there was risks across big banks. i think we're looking at things that are more isolated. it is more likely the in fact there is 0% interest rates and they're having difficulty managing the entries. >> an unprecedented environment, no doubt, steve.
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but inflation as the latest report indicates remains stubbornly high. you look at the price of everything and we're still paying sky high prices. at the grocery, at the airport, whatever it is, your bills, your gas, your electricity, your utility bills are still up. when does this go away? the fed has been raising rates to tame the inflation, why is it not happening? >> i agree with doug. i think you will see some more banks in this problem that svb found themselves in. i think they are pretty structurally sound. the problem now turns to the fed. they're really out caught between a rock and a hard place. we still have stubbornly high inflation. and so you have to get that inflation right down to two or
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three%. you have to, it is a mandatory for the economy to perform well. on the other hand you have stress of interest rating that are causing banks and families problems. so where it goes from here is hard to figure out. they will have a big meeting soon about whether or not to raise rates. i'm in the camp that they just have to make bringing inflation rates down as quickly as possible. i'm in florida right now and i want to reiterate what you said. our airline tickets were incredibly expensive. we paid through the nose for our rental car, gasoline, hotels and everything is so expensive right now. >> based on everything that doug just said about this, i don't know how you see it, do you see it as a bailout, of this company that you said primarily is limited to that bank because of mismanagement. why, then, is the taxpayer on
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the hook for this? >> well, i don't think the taxpayer should -- >> go ahead, doug. >> sorry, steve. >> on the hook for this. let's be real clear there is no reason to guarantee 100% of the deposits, and setting that as a precedent is quite terrifying. there is ten trillion worth of deposits in the american banking system. you can't guarantee 100%. i don't understand why they were so aggressive in that response. i'm equally concerned about this bank loan fund they set up using the treasury exchange stabilization fund. it is a way to inject money into banks. you get par value loans. that is just cash into there. neither of them are appropriate steps to me. >> it seems the administration
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is saying no, it's not a bailout. the taxpayer is not on the hook. the fdic is stepping in, guess how they have the money to step in? they're taxing american customers. >> right, i guess they think the man on the moon will pay for this bailout. and it is a bailout. let's face it. these people with deposits over 350,000 are not insured accounts. this idea that one week president biden is saying we're going to tax the rich and soak them as hard as we can. and then we have this big bailout for the rich people. come on. >> that -- and it is fair to look at it, right? doug? >> i have five seconds. >> absolutely the probe is fallout from the fed increases and they will keep raising. mark my words and they're not going to bailout the guy that loses his job or the small business that closes but they took care of these guys.
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>> it is a risk to what they did, because if any other bank falls, they have to do this for everyone bank that has this happen. >> john, really interesting moment. markets seem to be taking a bit of a deep breath this morning. the dow is up 222 points. so there seems to be some relief in the markets, but perhaps some of that is anticipation. maybe the fed will not be as aggressive at raising rates based on everything that transpired in the last 48 hours. >> all i can say to our viewers is there is no magical pot of gold at the end of the rainbow that got full with that taxpayer money in it. every time the government pays for something, it comes out of our pockets in some way, shape, or form. hundreds of thousands of people without power embracing
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for a clean up. parts of eight states are under storm clean up. we're live in west milford, new jersey, it looks like a winter wonderland, nicole. >> john, long before the snow that you see behind me, the new york governor said this could be an epic event. parts of the northeast seeing more snow than they have seen all season long. unfortunately that means there are problems that could go along with it. you're taking a look here. we're in the upper greenwood lakes area. it is one of five counties in the garden state under an emergency declaration. let me show you here, you'll notice several inches of snow piling up on picnic tables like this. and as i take a step in here you'll see my boots just disappear in all of this snow. you're bound to see, with snow
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like this going up to my ankles, not only travel problems but power outages being part of the priority for officials to try to tackle more than 100,000 people in new york state now in the dark. those are people that really need the lights on quickly knowing how low temperatures are there. earlier a ground stop at la guardia lifted not long ago and travel and speed restrictions remain in places all across the region and on major interstates like i-78 and i-80. officials are laser focused on activating the resources they prepositioned on monday including hundreds of national guards men, utility workers, and transportation officials hoping to start mending all of the problem that's we have seen already. unfortunately we're expecting things to only intensify as this snow is expected to continue
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falling well after midnight. >> it looks pretty at the moment. i'm sure it will turn into a gray-black sludge after awhile. >> and more extreme weather in california. the risk of flash flooding has been increasing there. winds little -- hitting 60 miles per hour. our thoughts to everyone affected by that. for continuing coverage, tune into fox weather by downloading the app for free and you can use your phone to scan that qr code on your screen. the upside so that is that the drought appears to be over. republicans on the house homeland security committee are gearing up for their first field hearing on the texas border crisis. the democrats say it is a no-go.
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what kind of message does that send to the men and women working so hard to secure the border? we'll ask national border control president brandon judd, next. and just a year ago two of our colleagues were hit by russian bombing while reporting. think he's posting about all that ancient roman coinage? no. he's making real-time money moves with merrill. so no matter what the market's doing, he's ready. and that's... how you collect coins. your money never stops working for you with merrill, a bank of america company. life... doesn't stop for diabetes. be ready for every moment, with glucerna. it's the number one doctor recommended brand that is scientifically designed to help manage your blood sugar. live every moment. glucerna.
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>> bailing on the border, members of the house homeland security committee are skipping on out a hearing.
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the ranking member accusing republicans of trying to politicize the crisis. let's bring in brandon judd. so democrats don't seem interested in hearing or seeing firsthand what is going on in the border. what are they missing and more importantly what message does it send to the men and women on the front lines of the crisis? >> first and for most we have to understand they can't show up to this hearing, i temperatured at the first hearing and there was three democrats that were there and they were clu less. they had no idea what was going on and they were not able to call any witnesses that were able to add anything to the conversation. they can't show up to the hearing because they now that everything they promoted and everything they're doing caused this chaos. that is the reason they're not
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showing up, but the message that it sends is they don't care. they will continue using talking points, they will continue to say whatever the administration wants them to say, and the chaos will continue and american lives will continue to be lost. >> you know the chair of the sub committee told fox news this about their abscess saying the only message their abscess -- absence sends is that they're uninterested in coming to the table. they had a field hearing a couple weeks back and they said you don't have federal officials and you're just talking to local folks, but this hearing will inclue a federal official. how can you say that field
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hearing is not legitimate. >> it is a likt hearing and they would be about to get physician, if this was something for everyone to solve, they would get from the chief and the border patrol. he is the one that can give all of the border control. but we have seen time and time again that they just want to defrequent. they don't want to do a deep gave into the decisions and they're not even willing to show up. >> weave seen ariel foot j that was rushed by about 1,000 migrants. we're seeing the cartels put the word out that today you get in free, better go now.
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so i'm wondering what kind of pressure does something like that put on the border patrol? and who was illegal venezuelan migrants. it seems like this protocol is not reducing this fr illegal immigration. >> no, and when you look at that bridge, the resources, stacking with border patrol agents, and making sure that no one circumvents it, that is how they pull us out of special areas. so it is undoubtedly a fact that they cross more high value products when they pull agents to that area. shutting down that port of entry caused more officers to be
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deployed. that shut down economic photographic that was coming through and that harms our economy. it is crazy to see the cartels continue to dictate what our response is going to be. we're supposed to be dictating to them but we're seeing they're controlling everything that is happening. >> we'll see what information this field hearing will bring forward. brandon judd, always good to talk to you. >> we have a fox news alert to pass along and this is news we hate, but it is what happens sometimes in the middle of a conflict. a fox news journalist has been injured while news gathering outside of kyiv. while reporting in ukraine,
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cameraman perier and alexandra were killed in that strike and it left benjamin hall severely injured. >> since then he has powers through nearly 30 surgeries and he is sharing his story of rescue and recovery. he joins us now. benjamin, i can't even tell you the feeling, just the elation so see you here and looking so good, and smiling, and you i feel like you have come through this stronger than ever, how are you doing this? >> it is a special day today because it has been a year and i think it is a quo that i ask myself, how do you do this every day. and i think that you just have
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to know that there is hope that no matter how hard things are, if there is something good you keep working towards them. i hope that i can inspire other people to do the same, but you do it because you have no choice. if you're not going to fight and push through, you may not make it. so it is to keep pushing and keep fighting. >> it is so great to see you back and i know the horrors that you and your family have gone through and of course the families of sasha and perier, as well. we saw how gravely injured you were, and yet every report i got is that you had such an optimistic and positive attitude about your plight and the way forward. with the injuries you have been sus staining, and the long road to recovery, how did you
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maintain that positive attitude. >> it happened to my family and our colleagues and it's not just for me to sit and mope and find things hard. i realized that i have to get back and be the best husband i can to my wife, and that's one of the reasons i got through it. i think about pierre and sasha every day. they would say keep going, keep living, and keep being strong. i think about them every day, and i say go about your day and make the most of it for him and everybody else. by now the audience knows your story so well and that you have three beautiful girls at home, a beautiful wife, and they have been such a important part of your story from the very
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appropriate you were rescued on the ground there. how are you doing? >> yes, so many people give me the attention, but they went through just as much. i don't think i could have gone through this without them. without my wife, the minute she found out saying we are with you. whatever you need, we'll go through it together. we'll go through it all together. and she has been my rock. she has been there every step of the way and my children, they're so resilient. we were so afraid of telling them what happened, the leg loss, the foot loss, the burns, the eyes and when we finally told them they said how amazing dad has a robot leg now. great we can't wait to have him back. children are resilient and that is something that i wanted to tap into as well. everything i do is about getting back to them, and making the world a better place for them, too. >> as far as your incredible wife you were saying this morning on "america's newsroom"
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when this happens and they jump all in. what do you want to take away from the experience? >> i think it is important for everyone to understand the work that we do and the work that we cover but more importantly than that i believe it is a story of hope and getting through difficult situations. no matter how hard it is there is light on the other side. i found that because of my family, but because of the doctors, the people who reached out. save our allies, an incredible group that came in to -- risked their own lives to save mine. i hope that people that read the book can feel that as well and channel a bit of that for themselves. i hope to bits that it can help other people and i hope people remember pierre and sasha when they read it. >> the last time i worked with pierre was at the g7 in france and i didn't know sasha, but
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pierre was incredible and we'll miss him forever. lockland murdoch is making another $1 million donation to the red cross for ukrainian relief efforts. because you spent so much time there, you know the lay of the land, and you know how much that money is needed. >> yes, and that will happy a huge amount. i'm really proud of fox and what they have done. and this is about team work and getting through difficult things together. whether or not that is reaching out to the red cross or someone who you know going through a difficult time, that little bit of support got me through and that will help other people get through those things as well. so thank you very much to fox, i guess, for doing that. >> if you don't mind, i'm going to jump right into you covering the war that is still ongoing on the war there. everybody is still greatly
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affected by this each and every minute. there is news out that a russian jet collided with a u.s. drone in international airspace. we just got word of this, it was over the black sea in is happening every single day and as our produce sere noting, as this news comes into us, this incident follows a pattern of dangerous actions by russian pilots while interacting with u.s. and allied aircraft. these aggressive actions by russian air crew are dangerous and they could lead to miscalculation and unintended escalation. what is your reaction to that? >> it is interesting, i think the u.s. involvement has been concerned about any small little accident like this escalating. we saw a missile land in poland and there was a fear it could go to something greater. as time as passed, the u.s. realizes they can supply ukraine
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with weapons. sometimes one little accident can, you know, can get bigger and lead to terrible things. they're watching that one closely and you know what happens in the air space, i think, is really important. >> yeah, it sounds like both came down, the drone apparently landed in the sea, and it apparently lined in crimea. but further to the north, that is where everything is focused. and all of that fighting now, and the ukrainian dismantle are practicing with ukrainian forces. they will also be getting abrams tanks. and would they manage to get through for the earn part of ukraine at the least? >> yeah, it's not that important, but it is one of the
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cities they have dug into. and i think we muth see big differences when the tanks get to the ukrainians. i think that we're not expecting to see a lot of russian gains, but it feels like a stalemate right now. they fear this could go on for the next few years. >> they're certainly preparing for that to be the case, benjamin, if you could stand by for a second. we'll have more on that. a russian fighter jet crashing into a u.s. drone. mike tobin is live with the latest on what we're learning, mike? >> yeah, we're still waiting for reaction to this incident, but most of the information right now is from u.s. and european
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command and it is the sdpent that the raef reaper join did concluding, and really what they describe is a fighter joet behaving in a show boating type of behavior where they dive bombed the drone and they dumped fuel own it and they force it'd to ditch into the black sea opinion but right now it is over international waters. >> mike tobin, thank you.
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as we crab things up with bing min hall, it's so great to see you here. we know you're heading back for another surgery shortly. this book is amazing. it is called "saved: a war reporters mission to make it home." we're so glad you did and benjamin, final thoughts from you as the audience is so happy to see you here today? >> first of all, they are behaving very dangerously and you never know how far they want to push. it is lovely to be back with colleagues, the family, and to continue to work as we did before. that is what we will continue to do every day. >> bless you, benjamin, so wonderful to see you. >> he just never stops reporting, does he? >> we have tears in our eyes seeing you back with us. >> it's great to be back. >> don't forget "sacrifice and survival." the story of benjamin, pierre, sasha, and what happened to them
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a year ago, sunday at 9:00 p.m. be watching for that. it will be an amazing show. president biden upsetting members of his own party with an oil project in alaska, and in a separate move trying to keep the far left happy he is putting america's energy at risk. you sent out a note this morning pointing out that oil prices are coming way down in all of this and that is sending a major economic message. >> if you look at what we have seen recently, it is getting crushed not so much because of supply and demand, but it could lead to a recession and a slow down. it doesn't help when we have an administration that is nothing but held ter skel ter. we don't know what is coming out
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next and that doesn't bode well for our energy future. when you have an administration all over the board, it doesn't make investors feel confident. >> straighten us out here. shouldn't we all be pleased this has been approved? that it will increase production? >> it is a step in the right direction, but will it assure energy is absolutely not, and because it is with such a watered down version, what america needs is sending a mixed signal to the market. i'm happy it was personally approved but it is a far cry from what america needs to meet demand, keep prices low, and protect the poor and the little class in this country. >> but then he will ban and limit drilling in alaska and the
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arctic. isn't that the good with the bad here? >> yeah, vladimir putin is already out there. he is going to move. if the u.s. pulls out, if you think that will save the climate, forget about it. you will see other countries like china and russia move in. another bad move because they're not very good energy producers especially in deep water. >> it has been awhile since we caught up with you. what is the long-term outlook from guys like you? we have not heard a lot of talk about sky high gasoline prices. they have come down a bit from the recent highs, right? oil is coming back down, but you say that is a red flag, so what is the outlook? >> i think if we avoid a recession we'll see energy prices come roaring back. i think a lot of people are under estimating the impact of the reopening of china. people are saying that we're
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disappointed and we're not seeing signs, but you better watch out. in a few months that will change the energy dynamic. i know a lot of traders over the year that wrote they under estimated chinese demand. i can see that happening. >> real quick before you go, we have the governor of alaska coming up. >> we feel we're being sanction lz more in alaska than saudi arabia or iran. we don't understand what the war is on our own people. >> that is quited a remarkable statement from the governor. >> it is absolutely true. we have a vindictive energy policy, but a foreign policy that is very weak. and it allows counties to prosper, even russia. >> it was great to see you live
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there in chicago for us. >> thank you, good to be back. john? >> good to see you, phil. frightening new numbers from the centers of disease control. a survey of high school students revealing one in five girls have been the victims of sexual violence and a lot of it starts online. we have been looking into this, 18% of all young women, that is a devastatingly high number. >> and the cdc says a lot of young women don't report. so that number is probably skewing low compared to reality, believe it or not. 18% of young females they have experienced sexual abuse. they are now calling it a crisis. the person in charge of investigations for homeland security, teen girls like everybody else are living more
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of their lives online. >> it is easy pickings, if you will, for the pedophile. he can just look at a significant amount of potential victims. and hone down the one he wants. they're pretty much a dinner menu for predators. >> 94% of women raped experienced some sense of ptsd. >> sexual exploitation can be traumatic and many young people don't want to disclose it is happening. >> why don't teen girls want to talk about their trauma? take a listen to this 17-year-old. >> we live in a world that just blames the victims for what is done to them because of nevering they could have done and your mind is filled with all of the things you should have done. >> teen girls 16 to 19 years of age are four times likelier than anyone else to be sexually
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abused. >> when i look at the differences between girls and boys it is the violence that was particularly alarming. and that was the increase in girls forced to have sex. >> exploitation of teen girls online for sexual images that over at homeland security they coined a term for it calling it sextorsion. >> what are you bringing us tomorrow? >> the digital footprint of all of this, how social media plays a role in this. >> really important stuff, thank you. >> a subpoena issues into hundred dollarer biden's business dealings. what do lawmakers think they will find and why are democrats calling the move invasive? >> and a high school football star shot and killed while on a
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date with his girlfriend. now they're suing the mall where it happened. we'll tell you why. and phil holliday will tell us whether or not they have a case. -whoo-hoo! -[ laughs ] well done, ma'am. what...did i do exactly? with snapshot from progressive, you get a personalized discount for doing exactly what you're already doing -- being a safe driver. congratulations. this is a bowling trophy. yeah, it's the biggest one they had. okay, thanks. mm-hmm. oh. have a good one. we must finally hold social media companies accountable. it's time to pass bipartisan legislation to stop big tech from collecting personal data on our kids and teenagers online. ban targeted advertising to children.
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to 100% of your home's value. so if you're in a situation where you need some help financially, give us a call. . a high school football star shot and killed in a georgia parking lot and the family says the mall is to blame. let's bring in phil holloway. the mall is in georgia called the sugarloaf fall. they say the crime is pervasive
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here. the parents, in a civil case, will go after the mall instead of the perpetrators. >> good afternoon, john. thank you for having me back. high crime is in compatible with prosperous business, okay? just like it is hard for feel to live in these areas, it is difficult for people to survive there as well. like the lawsuit in question here, they're alleging that businesses have a duty to use reasonable care to prevent foreseeable harm. and in the context of this they're supposed to warn their customers and take reasonable steps to remedy the dangerous conditions. whether or not that is a wet floor you could slip on, but high crime does not translate to good business. they can't say if you come in the parking lot you're likely to
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get shot. what message is that going to send? but the bottom line is this. these businesses are potentially on the hook and if it can be proven they had some type of notice and knowledge that this type of activity was likely to happen, and they did not warn their customers about it, and if they didn't take reasonable steps to prevent it, then a jury could very well hold them liable. >> alex brown is the attorney, he said businesses know their property is dangerous because of crime or other dangerous activity, they have two options, warn visitors so they know about the danger and can make an educated decision, or two if they choose not to warn visitors they have to take measures to warn customers. if it is so well known that this sugarloaf mall is a place of
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high crime, would the community know enough about it to stay away or do they need a warning from the mall? >> i know it because i live in the metro atlanta area. the crime crisis in metro atlanta is as bad as chicago, l.a., new york, or anywhere else. but businesses have a higher burden, an affirmative duty and the idea is that if they want their customers to come spend money, they're there for profit, not like a repairman coming in to fix a refrigerator. they have a duty to xhpt their property, locate dangerous conditions, and take steps to remedy it. if it is a local or someone passing through, they say there is legal obligations. so the question for the business has to become how long can we stay in this high crime area. when businesses moe out of the
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area, guess what? people lose their jobs. then you have higher unemployment, and it causes a lot of problems including urban flight and we will continue to see the diminishing of our cities if we can't get control over the crime crisis that is gripping our nation. we'll keep watching this case and see where it goes. i have been to that mall myself a couple of times. very troubling to see what is going on there. >> police are looking for a violent suspect that stocked that woman for miles before slamming her to the ground and leaving her paralyzed. why was he following her? what was he after? think he's posting about all that ancient roman coinage? no. he's making real-time money moves with merrill. so no matter what the market's doing, he's ready. and that's... how you collect coins. your money never stops working for you with merrill, a bank of america company.
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a violent attack caught on camera. a man following a woman and their slamming her to the ground. it is horrifying to watch that. >> she is out of the hospital and now in rehabilitation and doctors say her chance of walking is about 50/50. she was withdrawing cash from an
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atm but the crook followed her more than 20 miles to this shopping complex where the attack happened. the video disturbing. you see the man body slam the 44-year-old woman to the pavement. crime stoppers hopes someone will see this, i.d. the man, and call police. she is a single mom with three kids ages 13, 15, and 20. she was the primary breadwinner and now they don't know what is next. >> we have to pay rent and she is the only one to work and help us. so we don't know what to do. >> i guess go to school, but my mind is just messed up thinking about her. worrying that -- nobody is going to watch out for her. >> the attacker made off with about $4400. money she was saving to visit
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her family in vietnam. the suspect still on the run, described as a black man in his 20s. that's all they have at this point. houston police would like to hear from you if you have any information. >> live in dallas on that story for us. john? >> sandra, coming up new at 2:00, russia getting nuclear power to attack submarines. it is a plan that beijing warns will put the u.s. in "danger." we'll speak to dan sullivan. and a california lifeguard that went viral for saving a puppy. all of that and more as "america reports" rolls on. all across the country, people are working hard to build a better future. 7 envision.
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