0 sands half a million in damages. the deck is torn up. the restaurant is trashed. fences have come down. believe it or not, this is the swimming pool. it is filled with sand that came off the beach that made up the dunes they thought protected the homes, wiped out and pushed this way. you can see more damages here. the sand in the street is on ocean avenue and if you look down along the coast, you will see maybe a rescue helicopter and, also, homes that suffered significant damage, the gray house with the front of it ripped off and a number of houses like that and we walk this way, and you look down the street toward the west, toward the train track, you will see a flooded road. this are many homes in a couple of feet of water in this seaside community and this is one of many that suffered extensive damages. a couple of million homes without power just in the state of new jersey alone and no one recovery nows underway, as government agencies prepare to re-open tomorrow. just hearing from washington, dc, the federal workers can return to their desks tomorrow but in the meantime, a real mess for rescue officials now. how long do you expect it to last in. >> i was surprised to hear the path station, for example, could be five days away, my guess it really could be longer. this is the real difficult part for people, neil, and that is le high but i remind people again, the emergency workers, the utility workers, the health care workers, all of those people want to fix this as quickly as they can. take the path station, for example. you have to first get the flood waters out assess the damage and then repair the damage. if you do that in the path station it is the same thing for a home, office, an apartment has been working with each other and governor christie was complimentary of the help from washington and particularly the president, this immediate funding for hard hit areas, i guess that was lightning quick for a lot the states. what do they do with that right away? they put that into rescue efforts, rebuilding efforts. >>guest: what it does, it is like a pressure valve for state and local governments. it says we know you are going to be spending this money, don't focus on the budget and just do everything that needs to be done and we will only in and become fill the dollars. i heard today that there is $8 billion available in the fema disaster relief fund. that may or may not be true in terms of how much is earmarked or allocated but irrespective of that what the presidential declaration says to state and local governments, go forward, do what needs to be done, and we will come in and sit down with you and figure out who owes what saturday is the day. and now, charles gasparino will have more, i love charlie to death, he is one of the best reporters on the planet before none but here is where he bugs we are are stormed about the stock exchange being shut down. >>guest: i don't want them to set up their trading desks at high tide. it is 11 years since 9/11, where is the contingency plan? this is a global storm h -- stock market and there is a big country that was not affected and the new york stock exchange has electronic trading network, located in chicago, of all places, and every major firm has offices outside of new york, why can't, where is the contingency plan? >>neil: so thousands do not need to come to work. >>guest: why could you not have thought about what to do five days ago like goldman sachs thinking well, maybe we could operate out of dallas? i don't know. chicago? >>shepard: you put more value in dollars than human beings? callous and heartless. >>guest: have you heard of a computer? >>neil: those that work like a charles. >>guest: or the light bulb? the electric switch? >>neil: enjoy your final appearance. legislation is something called a "telephone." >>neil: early on, you condemned my guest for the way this was handled. >>guest: the market structure --. >>neil: fine, fine, fine, but then you said on fox business but you have nothing against mary shapiro. >>guest: you are making a stupid argument. i didn't say you are stupid but you are making a stupid argument >>neil: we have the worse storm if this area. >>guest: that is why we should use a contingency plan. >>neil: you are ruled by the almighty dollar. that could make you the best reporter on the planet but it reinforces the notion that is all you about. >>guest: want did buy the brooklyn bridge? i will sell it to you. the only thing worse --. >>neil: no, no, no, no, no, whatever you say --. >>guest: the only thing worse is con-ed is a dopey company, and they have an electrical plant on 14th street that is always closed. >>neil: you are trying to justify your simple thoughts. >>guest: you don't know my simple thoughts. >>neil: why want to know. we disagree on this, and you know, it is a qualm among friends. but he just made his last appearance. a lot is ride on a smooth open of the markets tomorrow with investors watching closely and we will have the latest on this in preparations beginning at 8:00 p.m. tonight and i am back tomorrow at 9:00 a.m., presumably with this knuckle head. we have to change this quickly. but a special report ons if back to business, we are all over your money and we might respectfully disagree but i don't think we are ever disagreeable. the markets, then, will be up and running but will the election?
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