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Detailed text transcripts for TV channel - MSNBC - 20110829:19:51:00

Damage done along the atlantic coast to the revenue lost due to widespread shutdowns of businesses and mass transit. the total bill for irene could come to the tens of billions of dollars. doctor morici, a professor of economics at the university of maryland. delighted to say he joins us. peter, some estimates put the overall cost of irene around $7 billion. others say much more. but this is in the top ten of u.s. catastrophes. isn t it? absolutely. although it was only a number one hurricane as they say, category 1, the amount of waterdumped, the breadth of the hurricane and how long it lingered over localities led to record flooding in cities substantially built on landfill, including new york city. as consequence, the flood damage is enormous, although the wind damage is not significant. and yet it appears from early signs that there may be some benefit to the economy? is there any truth to the theory ....

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Detailed text transcripts for TV channel - MSNBC - 20110829:19:24:00

We are still watching the wrath of hurricane irene along the east coast. but was the storm sent by god as a message from the almighty to washington? well, that is how michele bachmann curiously explained the deadly storm and last week s earthquake to a rally in florida this weekend. i want to know what has to be done to get the attention of politician? we have had a earthquake and hurricane, and he is going to say, listen to me, and listen to the american people, because the american people are roaring right now. the comment naturally had some roaring with outrage at ms. bachmann who explained later that she was only joking about washington s financial margins. what i was saying in a humorous vaen that thein that t ....

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Detailed text transcripts for TV channel - MSNBC - 20110829:19:10:00

There was a rescue at a hotel that hotel guests who were in water there, and the water that had come in from another river, that they had to be rescued from the hotel, and dramatic video earlier today to the north with homes catching fire there at the poncet lakes, and of course, these homes were submerged with rising water there. and homes around new jersey still feeling the threat of hurricane irene and the aftermath is not done yet, and governor christie is expected to hold another briefing this afternoon to further update us on damage in new jersey. martin? thank you, nbc s michelle franzen, for joining us. we will have more on the hurricane later in the broadcast. and now the tripoli where the search for fugitive moammar ....

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Detailed text transcripts for TV channel - MSNBC - 20110829:19:31:00

Too good to resist which ultimately didn t live up to the expectations? well, it certainly lived up to my expectations. i think that anybody who studies hurricanes and studies hurricanes of the past, it has not happened in a long time, but as you read the history books of hurricane 1924, and 38 and not to mention gloria and bob and other hurricanes, and you see what those storms did to the coastline and to the infrastructure that existed a at this time, it was very easily and logical to take this hurricane and say, i don t see why if this hurricane stays within even reasonable downbount won t do a number of those things and indeed, it did. that is why we are having the record flooding and the storm surge at the coast, because that is what the hurricanes of the past did. and bryan, we remember of course that 35 people have lost their lives. aton, i want to come to you, ....

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Detailed text transcripts for TV channel - MSNBC - 20110829:19:07:00

From the reconstruction of joplin, missouri, but we are make shoing sure that all survi are paid, and existing projects continue, but no new projects will continue until we see what the survivors of irene need, but with respect to that, we are already working with the president, the white house and the congress. they know that at the end of every fiscal year depending upon how bad of a disaster season you have had, they may need to put more money into fema to pay for all of the things that we have to pay for. so we are in those discussions now, but the people of joplin watching this show, they need to know that we are not diverting money from the projects under way and not a penny from the actual survivors. indeed. a final question, and i know this is not your remit of responsibilities, but do you see this hurricane as many other scientists do as yet another example of climate change? ....

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