changes color. on the back that $100 is gold, the $100 sign. benjamin look at the picture. benjamin franklin s left shoulder, it has raised printing on it that gives the bill some texture. very interesting. all right. when we come back, we saw some tornados, some big tornadoes, roaring through texas. look at that. can you imagine that? imagine being face to face with this? want to see if it s going to happen again today. we re going to check in with chad. then we re going to go off the radar. there will be a big light show in the sky tomorrow. chad has details on the meteor shower after the break. hi, i m ted danson and we can make an impact and stop overfishing our oceans. if we do the right thing, we ll be able to fish for the rest of our lives. if we do the wrong thing, we actually could possibly commercially fish out our oceans. this could be turned around. so, it is a hopeful situation. you want to save the planet, you actually at this point in history, can. join the mov
which we still don t have enough of. all right. i m going to leave it there. very interesting discussion. a lot of feedback on facebook, we are interested in continuing to get your comments on this. barbara harris is the founder of project prevention, and mary barr is the founder of help in new york. i want to give you a check of the top stories on cnn. general motors has repaid in full the loans from the canadian and u.s. government. gm s ceo said the loan repayments about five years ahead of schedule shows its on the road to recovery. the coast guard is searching for at least 12 people missing after an explosion at an oil rig in the gulf of mexico. it happened last night. there s a picture of it. about 50 miles off of louisiana. seven people are critically injured in that blast. a day before president obama heads to wall street to speak about the need for financial regulatory reforms, the senate agriculture committee has passed a bill that would regulate so-called trading in
you do that through putting the instruments on a clearinghouse as much as possible so that as part of the clearinghouse exercise you have a third party in intermediary who maintains margin positions, liquidity positions so that you know that the counter parties actually have something behind them besidb besides their name. that s doable. senator, what s holdsing you back and other republicans, what s in the bill right now that s holding you back from supporting it? i think you would agree with me there s a lot of stuff in there that s good and necessary and would be supported by the public. what would have to change? well, the lincoln bill as it s been reported out of committee basically over-reaches because it forces first it s a report by the ad committee and they have a different report of the world than the financial markets. it s forcing everything to go into an exchange program and go from clearinghouse to exchange instantaneously or mandate. that s a problem because the
first, you ve got to take as much as you can, systemic risk out of the system while at the same time keeping america as the best place in the world to create safe and sound derivatives products, which is critical to our economy. that s what you comment on. that s your concern, that something that we do in this bill, if it passes, could affect america s role as the best place to invest. now, explain that to my view irs. what do you foresee happens in 5 years, 10 years, 15 years down the road if we don t do anything about derivative trading? it probably won t be five or ten years. it will be the next day the bill passes. a huge amount of the market will who go to singapore because this is a fluid economy and you can do these instruments just about anywhere. you don t have to have a structure that is onerous in order to make it safe. basically what you re aiming at here aig is an excellent example to use. aig was a total disaster. you can correct the aig situation through better tra
yep. a good, important bill that does get bipartisan support and does actually satisfy conservatives that it s addressing some of the concerns i think would be a remarkable victory for this white house. gloria, good to see you, thank you. good to see you. gloria borger is our cnn senior political analyst and a good friend of our show. their town was torn apart when a tornado blew through it years ago. but this kansas town put it together in a green way. we ll go there when we come back.