ganges, the river and yellow river in china, they all originate in the same field of ice in the himalayas. and that ice is melting that snow is melting. in some of those areas, the flows in friezes temporary, but when it is gone then the flows are shut off. and as the ice melts in those large chunks of ice, masses of ice in greenland and west antarctica, which is the most moldable part of antarctica, each one of those areas of ice is equivalent to an increase in sea level of six to 7 meters, or 20 feet or so. we have already seen the beginnings of sea level rise, slowly at first, but it is now accelerating you can't get those large masses of ice become destabilized, and there is evidence that process may be beginning now, then we could see catastrophic sea level rise. and each 1 meter of sea level rise generates approximately 100 million climate refugees, in places like bangladesh. that process has already begun. people who used to rebuild their lives every 20 years when the storm surges game are now having to rebuild their lives every four or five years. and they can't do that, so they a

this one comes from the himalayas, whereome scientists are glaciers are now melting at an alarmingate. james mates independent televisionews reports. >> repter: mount everest is is as high, bleak and as cold a region asou will find anywhere oearth. it see impossible that here of a places the ice frozen on to the slopes of thes giants cou be melting. but this is the biggt glacier in nepal ithe shadow of everest. its surface scarred with lakes and meltater. and is is the himalayan winter. pictures like these showhy people in china and indi worry about where future their frh water will come from. >>y the middle of this century i thinthere could be a big leak here. no more icleft. >> reporter:lacierologist has be studying thiglacier for more than a cade. we walked across aocky more an that vers the ice. pools of standing wateto an ice cave. the sust sign that this glacier is in big ouble. a healthglacier flows like a slow-moving river of ice. the fact that we can work ou way through this froze catacomb is a sign iis stionary and roting from the inside. >> take a little care. >> reporte th

this one comes from the himalayas, where some scientists argue glaciers are now melting at an alarming rate. james mates of independent television news reports. >> reporter: mount everest is is as high, as bleak and as cold a region as you will find anywhere on earth. it seems impossible that here of all places the ice frozen on to the slopes of these giants could be melting. but this is the biggest glacier in nepal in the shadow of everest. its surface is scarred with lakes and melt water. and this is the himalayan winter. pictures like these show why people in china and india worry about where in future their fresh water will come from. >> by the middle of this century i think there could be a big leak here. no more ice left. >> reporter: glacierologist has been studying this glacier for more than a decade. we walked across a rocky more an that covers the ice. pools of standing water to an ice cave. the surest sign that this glacier is in big trouble. a healthy glacier flows like a slow-moving river of ice. the fact that we can work our way through this frozen catacomb is a sign it i

for example, in india, where a lot of their water comes from the himalayas and various have got no rain health care, which saw the target date for getting something to the president's best has moved us to the president's desk has moved -- has moved to the president's desk -- is there a similar time line? has he said to the senate that i need to have this on my desk by a particular date and time? guest: harry reid has said he hopes to have legislation on his desk in the spring, with the idea of finalizing it by the summer. it puts a lawmakers in a bus precarious position. this is a timeline that has already -- in a less precarious position. host: next up is new mexico, marty on our line for republicans six o. caller: yes, my name is marty. i would like to say on this global warming, i do not know if you guys are familiar with the slingshot effect, but scientists do not ever talk about it much. the slingshot effect is, once every 10 years, as we rotate around the sun, we get closer to the sun, and then after that 10 years of slingshot around the sun, i think we get a lot further from the

for example, in india, where a lot of their water comes from the himalayas and various have got no rainhealth care, which saw the target date for getting something to the president's best has moved us to the president's desk has moved -- has moved to the president's desk -- is there a similar time line? has he said to the senate that i need to have this on my desk by a particular date and time? guest: harry reid has said he hopes to have legislation on his desk in the spring, with the idea of finalizing it by the summer. it puts a lawmakers in a bus precarious position. this is a timeline that has already -- in a less precarious position. host: next up is new mexico, marty on our line for republicans six o. caller: yes, my name is marty. i would like to say on this global warming, i do not know if you guys are familiar with the slingshot effect, but scientists do not ever talk about it much. the slingshot effect is, once every 10 years, as we rotate around the sun, we get closer to the sun, and then after that 10 years of slingshot around the sun, i think we get a lot further from the s

it never occurred to me i was in the foothills of this crisis and we still have the himalayas ahead of us. >> host: was bear stearns to big to fail or two interconnected to fail? >> guest: it wasn't that big which is one of the troubling things. it was interconnected but we didn't know what interconnected was until we got to aig leader in the trauma. >> host: and lehman. >> guest: and aig. it was such a startling thing that the world had grown, markets were up a point there were lots of institutions and wall street that depended on lots of short-term borrowing and i think the fear was that if when they couldn't borrow short term if their stearns failed that everybody would be in trouble and nobody would be able to borrow short term and all of the banks would seize up so that was the judgment they made that the bad things that came from bailing them out, the notion people what wall street but to reckless things because they think the fed will always be there were outweighed by the shock that would have happened if bear stearns failed. >> host: what they had to stick pretty toxic assets

it never occurred to me that i was in the foothills of the crisis and we still had the himalayas. >> host: was bear stearns to big to fail or two interconnected to fail? why was it so important? >> guest: it wasn't that big which is one of the troubling things. it wasn't one of the big houses. it was interconnected but we didn't know what interconnected was until we got to aig leader in the drama. but i think it was such a startling thing the world has grown, the markets evolve to the point there were lots of institutions that depended on lots of short term borrowing and i think the fear was if bear stearns when bear stearns couldn't borrow short term if they failed that everybody would be in trouble and nobody would be able to borrow short term and all the banks would seize up and so i think that was the judgment they made that the bad things came from bailing them out, the notion people on wall street would do the fed will always be there were outweighed by the shock that would have happened if the field. >> host: what they had to do was take pretty toxic assets and lend the money