this american morning. good morning. zogood morning alina. it s early. it is early. not so early for you. always great to have you here. carol is off, christine is off. that s right. we ve got you back, which is fantastic. we ve got a really serious situation going on in texas. it s it seems to be getting worse although in some parts getting a little more control over it. these raging wildfires we re telling you about sweeping across the country right now. the governor rick perry is describing the disaster as, quote, a monstrous storm of smoke and flames. the flames are sending thousands of people running for their lives, showing no mercy. it s killed four people. hundreds of firefighters are on the frontlines dousing some of the fires, new ones, they re starting new ones hoping to get rid of the bone dry bub brush that goes up in an instant. this is what s left of a ranch in austin, texas. a pile of twisted metal and ash. the texas forest service sa
we have insane malpractice system. everybody understands that. study by the massachusetts medical society found that one quarter, a quarter if all testing, possessions are result of a defensive medicin medicine. doctors do it because they are worried about the lawyers. there is not a word of significance on tort reform in the entire reform of healthcare that the administration passed. a glaring error and accounts for increase in cost every year. when you hear the administration saying that they will make efforts to cut back on the red tape, make effort to roll back regulation, what do you hear as a business owner and voter? you know, i don t think we see it come down the food chain, if you will. we relate to what the good at osha where it has affected the
even get back to it. it s moving probably 8, 10 miles an hour across the ground. so, you know, god help us. that s all. that s all we can do right now. [ sirens ] a whole different story in the east. remnants of tropical storm lee sweeping through the area. the storm left one person dead in mississippi, knocking out power to thousands all across the south. stocks deep in the red. the dow fell more than 250 points just after the opening bell. right now still hanging down. new concerns about europe s debt cries and the global economy weighing on investors. u.s. stocks plunged friday after a disappointing report showed no growth in jobs in august. two convoys of libyans allegedly loyal to gadhafi have fled to niger. a source says six high-ranking libyan officials were in one of those convoys. still no sign of gadhafi themselves. nato officials say it s to keep the libyan people safe an not to target the regime leaders. it s the first dahl day of the new job for general pet
we have insane malpractice system. everybody understands that. study by the massachusetts medical society found that one quarter, a quarter if all testing, possessions are result of a defensive medicin medicine. doctors do it because they are worried about the lawyers. there is not a word of significance on tort reform in the entire reform of healthcare that the administration passed. a glaring error and accounts for increase in cost every year. when you hear the administration saying that they will make efforts to cut back on the red tape, make effort to roll back regulation, what do you hear as a business owner and voter? you know, i don t think we see it come down the food chain, if you will. we relate to what the good at osha where it has affected the
to watch today. let s start off with the president, though, rolling back apparently some regulations like certain paperwork doesn t have to be done, or certain construction for railroad cars doesn t have to happen, rolling back regulation like that, will that help boost the economy. i think it will help marginally. i think we have much larger worries. the irony who is we dragged down the rest of the world in 2008 with our subprime crisis. this time i think europe could drag us down. we have slow growth, we could end up with no growth because of the european banking crisis. jenna: that is reflected in the stock market. today we are up sharply. good news coming out of asia towards manufacturing and good news out of europe as well. but our manufacturing data is weak, housing is weak. i m personally concerned that consumers and companies after the stock market tumbled is going to reflect that. jenna: that s interesting because the associated press came out with a survey and their