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In if that eye goes a little bit to the south. it s not a spot i d want to be on foot. this likely will be under a few feet of water, maybe several feet of water if that eye goes to the south. all right. reed timer out in cocoa beach for us this evening. reed, we ll get back to you. thank you very much. coming up, much more on the breaking news tonight. monster hurricane matthew, taking aim at the florida coast. fears it could be the worst storm in a century. if you re going to make a statement. ....
Structure right on the coast and we feel confident in that structure but we re at about three or four feet of sea level. we may have to move the vehicle to high are ground or go up in elevation above that storm surge level. so you re not stationary there, you can walk around a little bit and show us what you re seeing? reporter: yeah, i prefer to be on foot, stay mobile. i m on the road that parallels the coastline and it s a little bit sheltered from the beach. if i could get a spotlight on the beach, you d see those winds ripping. a lot of sand getting picked up by the dirt. it s almost get an exfoliator out there. so the winds have increased. we keep going out to the beach, incramently, and examining how strong the winds are increasing and we really expect conditions to deteriorate in cocoa beach and in fact this whole area could be under water especially ....
More likely you would have higher taxes levied on you. whether it s 3r079 tax, income tax. they are saying you may have to leave because businesses are leaving. if you own a home and you have a job in one of these states you could get transferred out. there is a likelihood your company would leave. megyn: how soon do they predict the doomsday scenario. reporter: there isn t a time horizon. but if you look at the pension crisis in california and new york you see things starting to come to a head. you look there are towns in california that have gone bankrupt that are now not paying out, and this is becoming a huge issue in court how they will handle this going forward. we see a lot of these problems coming to a head and you don t know how it will play out over time. they are saying staley kid, stay mobile. don t own muni bonds. megyn: never say muni bonds on ....