caps last week and nondefense matters? absolutely. here s where we proposed a budget last year and we fought over with it with the democrats. the budg the democrats wanted a budget up here. i have reservations about the threat that poses. i have reservations on the impact that s going to have on the stock market. i have reservations about escalating interest rates. there are a lot of cascading effects to what was done last week in my judgment. it was the worse piece of legislation i have voted on since i ve been in the united states congress and there s not another bill that s a close second. that s how bad that debt junky s dream bill was last week. it passed. i wish it hadn t. we are where we are. and for the record, mo
we are going to see cascading effects. folks are going to work less hours. that s going to cause a cascading effect where, on the long term, we ll have health issues, family issues that can arise. so, yeah, it s pretty severe. you attribute this, you know, it s a climate related story, it s not just a city that didn t have, you know, capable system or water system for its people. correct. yes. definitely. yep. we thank you so much for joining us. thank you so much. thank you. let s talk with derek van dam with more on capetown s water dire crisis. he has lived there, has family there and is concerned about the story. there s not a long-term solution now. certainly a crisis. how long. well, day zero is april 16.
stranded on airplanes because of these cascading effects, residual effects from the delays going to the last update from officials, frozen equipment break downs and staff shortages and also heavier than normal passenger loads. this is grading what they describe as cascading series of issues for airlines that are still trying to recover amid this cold as well. this is the latest situation not helping the process here after thursday s storm. the water leak and we will keep doing the situation after we find out what will be the full effect of the incident. we will let you know. a bad situation made even worse. thank you very much for bringing that to us. back to the other big story, the white house coming out strong, punching back at the author of that new tell all book about the trump administration. my panel joins us in a moment.
cascading effects on travel for any north korea broadly. a lot more scrutiny. you know north korea spent the better part of the last 10, 15 years on that list. kim jong-un has demonstrated time and time again he has absolutely no regard for the people that he s supposed to be leading. wanton poverty all over north korea. what good with that do? what purpose would that serve? it does good in an indirect but important way. you just nailed it. america has very few options with north korea because it is so isolated already. we don t have lots of levers short of military conflict. so what do we have? we have things like the state sponsors of terror list and some other measures. this puts pressure on china. which sits right next to north korea. and is its patron. alibaba is one of the biggest companies that s just come out of china listed on the new york stock exchange. it is a tech china is a tech world that doesn t want to be seen as a place that is creating a safe haven for the kind
power was ever loss in this incident so that does show you the industry is losing leanings resiliency. jenna: even with the mass blackouts we have seen in the past like in 2003 2003 west of blackouts on the east coast caused in part by a tree branch, was not even anything that was a serious attack. we re talking the way some of these companies can prepare if they are attacked, so what about prevention, where are we on that? we have all experienced different parts of the country whether it is hurricane, tornadoes, and i lived in new york when the blackout happened, it was quite disturbing. you have these moments where it can hit the substation. there can be cascading effects. what both industry and the government have been working on our modeling out essentially those kind of cascading scenarios where they can identify the chokepoints and in industry to hard-nosed