The president will bring a promise of money, manpower and the military. The gold coast needs at all. North koreas blatant provocation. Japanese people woken up by a red alert from broadcasters. Take cover at the north korean Ballistic Missile flew up ahead. The south Korean Military has responded with a live fire precision bombing run close to the north. No military response from america at this point. The president has not taken it off the table. I mistake on either side risks were. Investors dont like to hear that. Today they are selling. The dow opened sharply lower. But it is the human catastrophe unfolding in houston that is great the attention of the nation. Earlier in unthinkable forecast to 50 inches of rain, the still rising floodwaters and directly from people who have lost everything. Varney company is about to begin. Lets get right at it. The flood of biblical proportions. Jeff flock on the ground in houston. Am i right in saying the water levels are still rising . Reporter
Conversation stay tuned. Which will continue for the next 59 minutes. I want you to be more vocal on fast money, certain people are saying whatever they want. When good men are silent, thats when bad things can fester thats like a history lesson. Thats when things can fester hes saying youre a good guy. Ill take that. Thank you, joe a look at u. S. Equity futures it looks like we would have been on track for a positive month of august well see what happens this morning. Dow futures up by 57 points. S p futures up by 7. Nasdaq up by 20 this comes after an up day for the markets yesterday as well. Overnight in asia, you will see the nikkei closed up by 0. 75 . Hang seng down by a percentage point. Shanghai was almost flat if you look at whats happening in early trading this morning, you can see across the board there is strength. It looks like the ftse is up by 0. 6 similar gains for the dax in germany. The cac is up by 0. 7 . Check out the dollar, too. Dollar weve been watching so close
Savannah guthrie, live from studio 1a in rockefeller plaza. Good morning, everybody. Welcome to today. So good to have you with us on thursday morning. We have craig in for matt once again. For the first time in a week, for the first time in a week, the rain has finally stopped, but of course harveys fury is still being felt across the gulf coast. Lets get to the latest. Breaking news in crosby, texas, just outside houston. Thats where fire is burning at a Chemical Plant following two overnight explosions. Its owners had warned they were unavoidable after the facility lost power and its ability to cool those potentially volatile materials. Well go to crosby live in a moment. At least 28 deaths are being blamed on the storm, but that number is expected to climb sharply in the coming days. Houstons Fire Department is beginning a blockbyblock search of thousands of flooded homes today. In texas alone, 25,000 water rescues alone have been carried out since the storm started with Ongoing Op
Subcommittee on crime, terrorism Homeland Security investigations will come to a order. C withoutt objection the chair is authorized to declare recesses at any time. We welcomeng everyone to today hearing on the challenges facing Law Enforcement in the 21st centuryy and i will recognize myself for an opening statement. Just a matter of quick personal indulgence, i would please everyone to remember our friend colleague thom tillis from north carolina. I want to thank everyone for being here and chairman good lat for this hearing. This week we celebrate National Police week and thats important to all the members of the Sub Committee that we have aaw hearg to honor our Law Enforcement officers. I want to extend a special thank you to the witnesses for being here. We have chuck canterbury, National President of fraternal order of police, my chief and director of publicc safety, Alonzo Thompson from South Carolina, whichever jim mcdonald chief art esoveto. Is that close . Li forgive me. Im
Sb1070, or its ours, sb4, it is bad. Call it what you want, but it is bad. So for me, i mentioned to you in the opening remarks that we made at the beginning of this conference on thursday. The one thing that we have already seen in houston has been the drop in reporting of crimes. Remember what i said. Already our police chief has frowned that reporting of rape among hispanics is down 42. 8 . The reporting of Violent Crimes is down by 13 . And thats just out of the fear of what the president is doing nationally. And knowing that sb4 may come because sb4 does not take effect until september unless we stop it. And thats what were going to focus on here today. On your program you saw that nina Morales Perales was supposed to be here from maldev. Machlt aldev has been at the forefront of all litigation. Sb1070, sb4. Maldev will be there again and i know shes preparing for litigation. The hearing is on monday. I know i plan to be there and a lot of my colleagues from texas do also. In her