they were all alone on 12 foot kayak less than a mile off of galveston island and kevin felt a bite.tried to reel it in with his son catching out video. they talked about that amazing experience. >> we found out was a shark. >> but nothing like that happened. >> species of shark bottom of the danger chain. >> we'll take your word for it. >> it still looks big. they decided to cut the shark loose but they will be back at fishing again this saturday. >> we'll look for a video at a show near you. >>> the world's coolest dad right there. you should never have a fishtail tale without a video. >> clear sky as we look out from emeryville back to the coast where we had dense fog this morning and the coast is still dealing with clouds. you will see pockets of sunshine from time to time. in fact you can see it on satellite the clouds aren't nearly as thick as they were yesterday. we do have a little bit of a sea breeze starting to develop. you can see it right there trying to push in. that means the closer you are to the coast the cooler the temperatures will be. still pretty warm inland. mid-

even today or back when we got hit at galveston. i think i'll vote for the funds but you have to cut it. we're broke. the economic condition of this country is dire. so you cut $2 billion from overseas. put $1 billion against the deficit. put $1 billion into helping the people that we taught to be dependent on the federal government. so i think that's very reasonable. to say, it's endless. the government will take care of us and we're broke and we're in the midst of this economic crisis which will get a lot worse and not be concerned about it. say, well, the people need it. from the start of fema being involved and taking over management, they aren't very efficient. they're very inefficient. they give no bid contracts, big corporations make a lot of money on this. they would have been better off in katrina if they had just written a check to everybody and not gotten involved in all the mess that they. did they handed out checks to people who didn't even live there. i don't know how anybody could defend the inefficiency of what went

they were all alone on 12 foot kayak less than a mile off of galveston island and kevin felt a bite.e tried to reel it in with his son catching out video. they talked about that amazing experience. >> we found out was a shark. >> but nothing like that happened. >> species of shark bottom of the danger chain. >> we'll take your word for it. >> it still looks big. they decided to cut the shark loose but they will be back at fishing again this saturday. >> we'll look for a video at a show near you. >>> the world's coolest dad right there. you should never have a fishtail tale without a video. >> clear sky as we look out from emeryville back to the coast where we had dense fog this morning and the coast is still dealing with clouds. you will see pockets of sunshine from time to time. in fact you can see it on satellite the clouds aren't nearly as thick as they were yesterday. we do have a little bit of a sea breeze starting to develop. you can see it right there trying to push in. that means the closer you are to the coast the cooler the temperatures will be. still pretty warm inland. mi

even today or back when we got hit at galveston. i think i'll vote for the funds but you have to cut it. we're broke. the economic condition of this country is dire. so you cut $2 billion from overseas. put $1 billion against the deficit. put $1 billion into helping the people that we taught to be dependent on the federal government. so i think that's very reasonable. to say, it's endless. the government will take care of us and we're broke and we're in the midst of this economic crisis which will get a lot worse and not be concerned about it. say, well, the people need it. from the start of fema being involved and taking over management, they aren't very efficient. they're very inefficient. they give no bid contracts, big corporations make a lot of money on this. they would have been better off in katrina if they had just written a check to everybody and not gotten involved in all the mess that they. did they handed out checks to people who didn't even live there. i don't know how anybody could defend the inefficiency of what went

there wasn't a sea wall in galveston before the storm. and they needed to rebuild because locals there decided that it was just too extensive for them to cover all of that on their own using local funds. and because they didn't, 6,000 people died in that storm. i mean, if fema were abolished wouldn't you be setting a stage for life or death decisions or gambles in poor areas of the country? >> no. my point wasn't -- i pointed out in 1900 galveston which is in my district, they survived without fema and they did rebuild the city. and it was mostly local funds. there was probably some state funds in it and that's when the sea wall was built. >> there wasn't a sea wall because they decided to gamble because it was too expensive. if you had a federal government that was involved wouldn't that be -- >> anderson, wait a minute. the sea wall was built shortly thereafter. fema didn't build the sea wall in 1979. that's been around for a long, long time. you didn't need fema to build it. and just think of the management of all the levies in the cou

i know somewhere between 6,000 and 12,000 people died in the galveston hurricane. so many bodies, people couldn't bury them all. barrels of free whisky were handed out to dull the horror of the burnings. that seemed to be the extent the government could respond, dull your pain with free liquor. sorry, we can't do more. now, the majority leader of congress right now isn't suggesting we get rid of fema, instead, eric cantor has been requiring spending cuts be made somewhere else to pay for a disaster, and he's been very consistent about this. after the tornado in joplin, missouri, this spring, the disaster funding to deal with that was taken from the emergency department's budget. sorry, that money's got to come from somewhere, which means when fema needed money now, right now, to respond to hurricane irene, it had to take money intended for the joplin recovery and spend it on irene. rebuilding will have to wait. you are yesterday's disaster. in just over four months, americans will begin voting for who they think america's next president should be. someone who runs

a similar phenomenon documented during the galveston hurricane of 1900 and 1915. ike was very similar in track and intensity to these hurricanes. we were able to produce the surge in the model. now that it is discovered, future forecasts of similar storms can predict a surge and alert the public to a possible danger. finally this is run under a hypothetical scenarios to facilitate the planning and design of future protection systems and help quantify risk to low-lying areas. this includes soft option such as well and restoration's and restriction on land-use practices and hard options like the construction of sea walls and storm gates. our federal investment are paying off. government funding can reap tremendous benefit, by promoting healthy and sustainable environment, and improving the safety and well- being of coastal populations. there are several future research directions which are critical to a dancing the science and government funding of the computational infrastructure available and basic research funding have paid a path toward revolutionizing the model

he cited as an example the hurricane that struck his district in the year 1900 in galveston, texas. quoting him, "we should be like 1900, 1940, 1950, 1960. i live on the gulf coast and we deal with hurricanes all the time." with all due respect, live on the gulf coast, too and what i know is between 6,000 and 12,000 people died in the galveston hurricane. so many bodies, people couldn't bury them all. barrels of free whisky were handed out to dull the horror of the burnings. that seemed to be the extent the government could respond, dull your pain with free liquor. sorry, we can't do more. now, the majority leader of congress right now isn't suggesting we get rid of fema, instead, eric cantor has been requiring spending cuts be made somewhere else to pay for a disaster, and he's been very consistent about this. ssouri, this spring, the disaster funding to deal with that was taken from the emergency department's budget. sorry developers of alternative energy vehicles, the money has to come from somewhere. which means when fema needed money now, right now, to respond to hurricane iren

was ike in 2008 which hit galveston, texas, as a category 2, killing over 100 people and causing billionsf dollars in damage. residents along the eastern seaboard have had a busy year. record snowfall this past winter. and record heat waves earlier this summer. >> who would have thought we'd be talking about an earthquake and hurricane in the same press briefing? >> reporter: after a 5.8 earthquake just yesterday, now mother nature is preparing to serve up yet another one of her extreme events. for "nightline," i'm linsey davis, bahamas. look at all this stuff for coffee. oh there's tons. french presses, espresso tampers, filters. it can get really complicated. not nearly as complicated as shipping it, though. i mean shipping is a hassle. not with priority mail flat rate boxes from the postal service. if it fits it ships anywhere in the country for a low flat rate. that is easy. best news i've heard all day! i'm soooo amped! i mean not amped. excited. well, sort of amped. really kind of in between. have you ever thought about decaf? do you think that would help? yeah. priority mail flat r

i have galveston in my district. and fema is only about 30 or 40 years old.now exactly how old. but the worst disaster we've ever had was in my district in galveston in 1900, before fema. the local people rebuilt the city, built a sea wall, and they survived without fema. >> so mike, there's the republican philosophy right there. let's just roll all efforts back a little over 100 years. what do you think? >> well, i think -- you know, that is classic ron paul, because he lives in a world that's about 100 years old. but the truth is, i was here in one of the worst hurricanes that hit the gulf coast. and i understand that without fema, and without government, ron paul and all the other republicans could have come down here in droves, and they could have rebuilt our houses, they couldn't have rebuilt business, couldn't have put us back at work again. so ron paul is being ron paul. >> all right. "ring of fire" radio host, appreciate your time tonight. >>> coming up, george will says the media's coverage of hurricane irene was manufactured hysteria? i don't think

his 9-year-old son hunter were fishing in the gulf of mexico saturday about a quarter mile after galvestonkevin got a big bite and spent an hour reeling in a 7 foot long black tipped shark in a 12 foot long kayak. >> instead of us using all of our energy to try to pull the shark, the shark pulled the kayak. it's called the texas sleigh ride. >> okay. stevens says he was worried the shark might tip the kayak over but kept the video rolling until they cut it loose. >>> this morning on "the early show" we're tracking hurricane irene as it pushes closer to the florida coast. i'm terrell brown. this is the "cbs morning news." hey, you made your own lunch. yep! (mom) i'm so proud of you. the bus is here, gotta go mom. okay hunny, have a great day. look in your bag, made you something. (announcer) it's more than just that great peanut taste, choosing jif is a simple way to show someone how much you care. choosey moms, choose jif. all-natural benefiber, the fiber supplement that's taste-free and dissolves completely. so you can put it in whatever you like, even water. benefiber. makes taking fiber

crazy alert to watch twilight people arrested in one thousand year old in galveston texas over the weekend after he broke into a woman's apartment in search of human. the man who claims to be a vampire alive for more than five hundred years walked into the woman's bedroom wearing only his boxer shorts no cape and proceeded to hiss and growl and then try to bite her the woman got away call the police later found the man again hissing and growling in nearby parking lot as excuse to police he needed to feed and then was taken into custody and is surprised being held for a psychiatric evaluation at least until daylight some. coming up there is one business business that is booming despite our nation sitting on the edge of yet another recession and immigrants play a big role in the profits. what drives the world the fear mongering used by politicians who makes decisions. made who can you trust no one who is you know you with global mission who would see where we had a state controlled capitalism schools sackfuls when nobody dares to ask we do our t. question more. welcome back to the big pictur

it's eleven am in los galveston's archie coming to you live from new so no way with our top story this hour the rebels in libya have rejected the possibility of staging talks with moammar gadhafi the national transitional council says they want to see him in jail and not at the negotiating table artie's redefinition has the latest from tripoli. what we're hearing here in tripoli from the rattles makes their position absolutely clear they will no be any negotiations with gadhafi and all i can provide him they say is safety and trial the rebels information minister . has said that even if gadhafi personally calls him and asks when you go she says he will not never talk to him he has added that the rebels are not negotiating with the criminals and with the killers and present not talks but as i had for the embattled colonel very clear duffy is government spokesperson most able again has sent a message to the rebels about his readiness to hold talks with the rebels on forming the traditional government and he's even sad that gadhafi porn's his third son saadi to lead these negotiations but

contributors as the investigation into the crash should lead washington to change its tactics both of galveston and pakistan. the special operations command chief should analyze and presenting the latest to no cameras disaster to the secretary of defense and to persuade leon panetta gets his view regarding the. drone warfare in pakistan and the much touted counterinsurgency never going to stand undermine the whole of government approach to these both countries the best way to minimize unnecessary casualties would be to officially admit obvious fact that neither counting insurgency in afghanistan nor drone warfare work in fact they both repr do use the anti-american feelings well beyond their region and are perceived and exploited as the main recruiting tool for the terrorist and other transfer national organisations against the united states and its strategic interests and against its allies france will be on their back region. it was a nineteen hour recap of our breaking news story this afternoon morning fighting has reportedly broken out new york colonel gadhafi is residence in tripoli with s

just a category 2 when it hit galveston, texas, in 2008. that storm killed more than 50 texans and caused $10 billion worth of damage in texas, arkansas and louisiana. irene could be worse. now, when we show you where a hurricane's going, you see that red cone, the e ne of uncertainty. but here's how we get that cone. we look at about a dozen forecast models. if not more. and we throw them all on there. we call this the spaghetti model when we lay them all down. and we look at the trend. and right now, the trend for this storm, an very powerful one, diane, to be barreling towards the southeast and by saturday could set itself up in the carolinas but it does not mean florida should relax yet. >> powerful now. expected to gain that much more power? >> oh, crazy powerful. there is nothing in the way of this storm to weaken it. every other storm on the board has been sheared or weakened. this one will just grow and grow. it will be at least a three. >> heading over the warm waters. >> fuel, warm waters, ready to go. >> thank you, sam, for repor

a let's look now at more of today's made world news out of galveston intelligence chief has been a killed in a plot last well it appears to be the latest in a string of assassinations targeting a top afghan officials in the past alone of president karzai his brother and one of his top aides were killed by insurgents when the taliban is stepping up its assault as the u.s. led coalition that begins its withdrawal of combat troops. egypt's former president has denied the charges against him on day one of his trial of allegedly ordering protesters to be killed a conviction that could see hosni mubarak said since to death the eighty three year old is being tried alongside his two sons and aides who work used of corruption of barak was forced out of february's revolution which saw around eight hundred fifty protesters killed. call supposed leaders have branded the nato mission proposal to end the border tension with ethnic serbs as unacceptable additional troops were sent to it after a pilot's escalated when a possible police moved to the checkpoints to enforce a trade ban on which was in respo

just a category 2 when it hit galveston, texas in 2008. billion worth of damage in texas, arkansas, and louisiana.a. irene could be worse. when we show you where a hurricane's going, you usually see that red cone of uncertainty. but here's how we get that. we put all the models down on one ge. every forecast model, a dozen or more. and we call it a spaghetti model. it shows the trend of where the storms are going. and what you should get from this graphic is the trend is to take this storm a little bit east of florida directly toward the carolinas and maybe even roll up the entire eastern seaboard before it's done. but that does not, since this is just a trend, give a clear signal for florida to take their eyes off this storm for one second. sam champion, abc news, new york. >> so much, that southeast coast in the crosshairs on this. it's going to play out in the next few days. but we'll be watching it. but a lot of folks need to be getting ready now. this is like a monster storm. at this point it appears hurricane irene could impact a lar

and then a little bit at the end of the trading session we saw nervousness in the investors wonder galveston they should hang on to new long positions headed into the weekend and we saw some selling, but, city, 126-point gain to finish off the week, and a quick thing to want. the gold and oil. gold has been safe all week with the swings but gold sold off indicating that some investors are starting to feel a little bit okay with the situation. we will see if it lasts. and oil prices, they have been up for two straight days but, they took, they finished up at one point 7 percent up for the week but they took a turn not final minutes of trading and a lot of the new long positions not willing to hold on for the weekend and we saw oil finish lower. is, lots of volatility, and it has been an unbelievable week. there were eight straight days where the dow went up, down, up, down, up, down, and two straight days of gains. there you have it. >>neil: i'm getting too old for this. good lord. thank you. and my guest sees a significant chance of recession. why, peter? >>guest: well, the economy is growin

the worst disaster we had was in my district in galveston in 1900.fema, the people built the city and built a seawall and survived without fema. it should be like 1940 and 1960. people have lack of confidence in how free markets work, and how neighbors should take care of themselves. it should be coordinate voluntarily with the states. >> it's true that fema is relatively new. it was created in 1979 and has a way of consolidated all the things the federal government did for the local agencies. ron paul believes they don't need outside coordinations in times of disaster. they reduced the capacity of local authorities to act, and that's the advantage of something like fema. and it's not as if the federal government was not helping before fema existed. for example, if we are talking about hurricanes to hit the new york area, there have not been many, the works progress administration, the wpa was vital during the hurricane that hit long island. >> in three days, the workers have been shifted to storm duty. manpower turning from regular public improvemen

hurricane ike in galveston was a category 2.s you know, as we look at these pictures at the amount of damage and lives lost in some of these hurricanes is not always based on categories. it is how long the lashing winds are there and the rain and the areas that get struck and what kinds of things they have in place for that. throughout the day, we will talk to you about interactives. we have i-reports. we're following you on facebook and twitter. and we'll bring you the absolute latest information from all over the country. >> josh, thank you so much. 20 minutes past 5:00 a.m. eastern time. coming to you a little early because this storm is just a couple hours away from making landfall in north carolina. our reporters are up and down the coast. three in north carolina. you have heard from already this morning. they are getting tossed around this morning in their live shots. you can imagine the people staying getting tossed as well. we will go back to north carolina for the very latest. stay with us on this "cnn saturday morning"

galveston is in my direct path. the worst one was in 1900. before fema rebuilt the city, they built a sea wall and survived without fema. and fema is not a good friend of most people in texas, because all they do, come in and tell you what to do, can't do, can't get in your houses and hinder the local people and they hinder volunteers from going in. so there's no magic about fema. and more people are starting to recognize that, because they are a great country, with deficit and financing and quite frankly don't have a penny in the bank. >> i aired that audio on my radio program today. half the lines illuminated from hard core gop folks who bought in entirely to what ron paul was saying. i don't know that's the kind of message that helps you in the fall. >> i don't know if it's a message that helps us in the fall. who knows what that message is going to be. there is validity what ron paul is saying. there was a time, maybe question get back to some of that, where local communities helped themselves. people came together and they provided for t

in galveston county a man was take on the the hospital after he was found unconscious in his mobile home. the temperature inside was more than 100 degrees. we're live in atlanta now. it's not just hot, it's dangerous. >> reporter: it is dangerous. a lot of parents rite now are doing what they can to keep their kids cool. one of the cool spots in atlanta is right here at the fountauoun at centennial park. this has been the theme all summer. listen to the numbers across the country in some of the places hard heat. heat related deaths in maryland, 21 deaths in maryland. in oklahoma -- the electric grid is being taxed because so many people are inside right now seeking relief, staying cool with air-conditioning. there's a huge tax on the system right now. there's a big concern. because this is the time of year when kids are coming back to school, that means football practices are getting back into session, band practice as well. we've had two deaths, high school deaths of football players here. after those right now they changed the practice scenarios. right now a lot of schools are either p

i'm from galveston. home i grew up in was about six feet above sea level and we do get hurricanes so texas is concerned about the future. i think governor perry is, too, but it's not been a subject of debate in the legislature and it's not a big issue in texas and political circles. >> woodruff: what else would you say about governor perry. you said he's aware of the reaction when he makes these statements. his ability to withstand the glare that comes from running for president, that it's the this relentless coverage of every word spoken. to what extent is he prepared for that. >> i think he's very prepared. he was an air force pie lot. he went to texas a&m and was famously a yell leader there and can stir up a crowd. and i think perry is used to the criticism. he's been in texas politics for ten years. he really doesn't care what other people think about him. he only cares about what his plan is. he's always got a plan that's what makes him formid-able in politics. he's a tough guy. that's served him w

the deadliest came ashore in galveston texas on september 8, 1900.st of us think of the worst of the worst, we probably think of katrina. which came ashore in new orleans six years ago this weekend. ben tracy takes us back. >> reporter: the images still shock. the frantic pleas for help. a super dome that could not live up to its name and a government that lost the faith of its people. hurricane katrina roared out of the gulf of mexico. a category 3 monster that battered the mississippi gulf coast. yet it was new orleans that was hardest hit. the crescent city thought it had survived katrina's punch' but then the water kept rising and the levees started to fall. the tornts of water left behind a flood of tears. >> if you asked most americans, they'd say this was a natural disaster whereas the unrebutted evidence on the public record was that it was not. >> reporter: actor and is a tireist harry sheer is a part- time resident of new orleans. his documentary "the big uneasy" cites years of humanerer and bad planning as reasons for the flooding. >> the

kevin stevens takes his 9-year-old son hunter fishing off the coast of galveston. anything like this. in a 12-foot kayak. what do they reel in but a seven-foot shark. and for an hour. >> oh, my gosh. >> they are trying to pull this shark up. the boy is 9. >> again, why? >> in a small kayak. >> great idea. >> texans just want to bring it on board. >> they let the shark, you know, pull them along -- >> like a rodeo. >> let it get that close to the or, don't you say bye-bye. >> hunter now wants to be a marine biologist. they finally let the fish go. >> his mom is not pleased with daddy. >> have to call child protective services on daddy. >> we'll be back. . ...could mean living with joint damage. help stop the damage before it stops you... ...with humira. for many adults with moderate to severe ra,... ...humira's proven to help relieve pain and stop joint damage. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events can occur, such as infections, lymphoma, or other types of cancer, blood, liver, and nervous system p

even today or back in the -- when we got hit at galveston.ds, but you got to cut it. we're broke. the economic condition in this country is dire. you cut $2 billion from overseas. put a billion dollars against the deficit. put a billion dollars into helping the people we taught to be dependent on the federal government. i think that's very reasonable. to say it's analysts, the government will take care of it and we're broke and in the midst of this economic crisis, which is going to get worse and not be concerned about it and say oh, well the people need it. i mean from the start of fema being involved and taking over land control and over the management, they aren't very efficient. >> well, you won't be surprised to hear that's not a popular view in the northeast this week. the governor of connecticut was on. here's what dan malloy thinks of ron paul. >> i think he's an idiot. >> that's blunt. you're saying you need -- >> let me -- we're spending $900 million a week in wars and he's arguing about whether we should spend some amount of money.

megyn: a father-son fishing trip off galveston island turned into one wild ride when the dad reeled ind the big catch caught on tape. animal lovers upset but the shark lived. >> reporter: they are in a kayak battling a 7-foot shark. look at that thing. they are in the kayak, they are out in the water for three hours. just about to call it a day when as you can see dad got a big bite. that's a 7-foot black-tipped shark. hunter was concerned the shark might tip the kayak. >> last one? >> there he is. full body. >> nice, isn't it. >> okay. >> one, two, bye-bye. that's recorded. a large shark. >> reporter: that is a cool, calm, collected 9-year-old. they took some video. took a couple cool pictures and released the shark. you heard hunter say one, two, bye-bye. here is hunter and his dad, listen. >> you notice i don't put my fingers anywhere near the business end. >> i did touch it. it slapped me in the face. its tail slapped me in the face. >> reporter: hunter, by the way, wants to be a marine biologist. my guess is he will be a pretty good one. that is one unflappable kid. megyn: i have

police in galveston, texas say his would-be victim managed to get away and suffered only minor injuries say when he was taken into custody, he told them he was a 500-year-old vampire who needed to feed. his bond is set at $40,000. he has been placed on mental health hold. >>> friends, family members and class mates are mourning the sudden death of a 16-year-old florida girl. doctors say courtney nash was the victim of a brain parasite that apparently entered her nose while swimming in a florida river, in a spot her family had visited for years. experts say the warm, stagnant fresh water there was a perfect breeding ground for the parasite. the girl's mother hopes her family's ordeal will be a warning for others. >> if we can save other people's lives and they don't have to go through what i went through, i think this would just be a blessing in disguise. >> we'll talk more about courtney nash's mom in the next hour of "newsroom." >>> up next, yoga breaks, exercise classes and a healthy fresh diet. sounds like an experience you would get at a spa. try elementary school. dr. sanjay gupta

in galveston, and that's almost 3 1/2 years ago.'t think we're due, because i don't think there's such a thing as due when it comes to hurricanes, and it's about to get busy. the peak of hurricane season is not until september 10th. we're not there yet. >> thank you. >>> after decades in power, gadhafi's rule of libya appears to be over. we will have perspective after the break. job, they're backed by the superguarantee®? only superpages®. wherever you are, wherever you're going, you'll find the super business you need. so next time, let the good guys save the day. get the superguarantee®, only at superpages®. in the book ... on your phone or online. at liberty mutual, we know how much you count on your car and how much the people in your life count on you. that's why we offer accident forgiveness, man: good job. where your price won't increase due to your first accident. we also offer a hassle-free lifetime repair guarantee, where the repairs made on your car are guaranteed for life or they're on us. these are just two of the valua

or places that were hit by hurricane ike in 2008, the peninsula down and taxes are parts of galvestonsland. but the parts of cape cod and the islands, much more development than usually exist there. if the cost of insurance truly reflected the risk of building a house there, would we see so many vulnerable structures? probably no. probably no. cosby's reflects -- cost needs to reflect risk. host: tell us about your organization. guest: this is a trade guest: this is a trade organization with most of the insurers in the united states funding the organization. we echo the sentiments of many insurers that have been frustrated through repeated efforts to try to reform the efforts to try to reform the program, to know -- and we're not advocating that the program disappear. many insurers would probably provide flood coverage unless there are a lot of regulatory obstacles that are removed in this marketplace. in general, the industry supports the smooth functioning insurance market and recognizes the need for markets that -- markets of last resort. it could be difficult to ensure older prope

texas say he's a sicko. 19-year-old lyle benzly is charged with breaking into a woman's home in galvestonm, he was hissing and growling. he asked cops to restrain him for his own protection. nice try. and abercrombie wants the situation to stop wearing their clothes. they're even offering a, quote, a substantial payment to stop doing things in public while wearing his clothes. with my abs, looks like i can step right in there and get the endorsement. hi, gretchen. >> gretchen: fantastic self promoter. i love him. is he or isn't he? a new report suggests that wisconsin congressman paul ryan considering a run now for the white house in 2012. so can the gop's rising star shake up the party's presidential field? will he do it? joining me to weigh in is political science professor and author of "pendulum swings," dr. larry sabitow. good to see you this morning. can we hear larry? >> good morning, gretchen. >> gretchen: now we can. i thought you were going to have to break out a new kind of speaking tube. so what do you make of this rumor -- that's all it is right now -- that paul ryan may want

there were other days where it went over the galveston, texas. and the biggest impacts on the shoreline where the blue areas are, and that's hundreds of miles of shoreline. and the type of shoreline that you have down in louisiana, mississippi and alabama varies, but about half of it is a marshy kind of shoreline associated like you would expect the delta of any river. of course, this is the mississippi river so it's a huge amount of very shallow marshland. very rich in shrimp and crab and crawfish, and all the wonderful things that you eat when you go down to new orleans. and then as you move east, you get into nice sandy beaches around pensacola, orange beach, and off of mobile there, gulf island. and very popular in the summertime. of course, springtime for the kits coming down out of college. so these were areas that were ideas being threatened in two ways. one, because of the terrific diversity and richness of the seafood and the natural resources, and, too, because of the economics associated with these beach areas. down in the corner there

or places that were hit by hurricane ike in 2008, the peninsula down and taxes are parts of galvestonsland. but the parts of cape cod and the islands, much >> to exist there. if the cost of insurance truly reflected the risk of building a house there, would we see so many vulnerable structures? the answer is probably no. and so again cost needs to reflect risk. >> host: mr. hartwig, just quickly if you could just tell us about the insurance information institute. who do you represent? >> the insurance information institute is an trade association with the most of the insurers operating in the united states funding the organization. so the point here is simply to echo sentiments of many insurers that have been frustrated through repeated efforts to try to reform the program, to no avail. in general, insurers are not advocating that the program disappear. and many insurers would probably still hesitate, as i said earlier, to provide flood coverage unless there are a lot of regulatory obstacles that are removed in this marketplace. but in general, the industry supports smooth functioning