pays tribute to george washington and abraham linco lincoln.there will be fun activities for kids and adults in the delaware valley. valley forge national park, for instance, will hold a party for george washington's 284th birthday. a lot of candles. children will be able to make birthday cards, play 18th century games and meet the general and mrs. washington starting at 10:00 this morning. >>> nine minutes past 5:00. a leaking fire hydrant sent water gushing into the streets of north philadelphia. nbc 10 at 23rd and burks a little more than an hour ago. the water department was on scene. they tell us the hydrant has been shut off. with freezing temperatures, all this water could quickly turn to ice. meteorologist bill henley has more on the cold and snow. >> that will be iceç this morning. we are seeing light snow in parts of the airy. not everybody is getting it. i'm tracking light snow right now in delaware and south jersey, just starting to move into pennsylvania. snow during the day. an icy evening, a big threat from freezing rain as the

linco lincoln's staff wanted him to stay in the war and free the slaves and lincoln said i have to go get my public opinion back and the fed doesn't seem like the pace place to get your public opinion back. it seems to me the fed is less likely to be aware of the pain of how many fed regulators really know people who have had their homes foreclosed on and are likely to see that and understand that. >> guest: well, i mean, one feature of the federal reserve system is it has these 12 federal reserve banks around the country. there is one in cleveland, and the president of the cleveland bank, would report what was happening in cleveland with housing and the like. your concern is not wrong at all. but i think what was happening well before the crisis was there was a philosophical perspective that was shared, not just by the feds but others as well, that the financial system should be less regulated so it can be more dynamic. we know there are problems with that. but greenspan's view is if banks have sufficient capital you don't have to box them. the regulations shouldn't be too burdensome

pays tribute to george washington and abraham linco lincoln.lley forge national park will host a party for george washington's 284th birthday starting at 10:00 this morning. children will be able to make berth day cards, play 18th century games and meet the general and mrs. washington. if you're looking for something to do in philadelphia, head over to the blue cross river rink. they're extending the hours from 11:00 to 11:00. warm up in the lodge with hot cocoa, some hot chocolate and fill up with tasty treats. >> now your nbc 10 first alert weather with meteorologist bill henley. >> might have to be submerged in the hot chocolate to warm up this morning. we're back in the teens this morning. the temperatures have been climbing as light snow moves into the area. i'm tracking very light snow, manly in delaware and south jersey. we've seen a few snow flakes in philadelphia. it's this evening that could turn icy. it won't be snow all day. the atmosphere will be warming, the snow changes over to rain. the ground is still frozen. freezing rain is a