Melissa first lets take a look at the days market headlines. Stocks recover from session lows but mixed Economic Data and fiscal cliff weigh the dow down for the sixth time in seven sessions walmart disappointed with Third Quarter earnings. Target shares rose 2 after forecasting a Bright Outlook for the holiday season. Now to our top story. A possible bailout for fema. Yes the federal Emergency Management agency says, it only has 850 million left in the bank and in cash, thats it. They expect to burn through that by the end of this month. Meanwhile, flood related claims are stacking up. Were looking at losses of 6 to 12 billion. This all coming as president obama visits damage here in new york to see the recovery efforts. With me now is david williams, president of the taxpayers protection alliance. David, thanks so much for coming on the show. What do you make of all this . What happens if fema runs out of money . Well, if fema runs out of money, dont worry, people will be helped. Wha
Israeli military preparing for a possible Ground Invasion into gaza. Hundreds of israeli troops have been moved to the gaza border and another 75,000 reservists are being called to serve as the violence intensifies. This as president obama gets the phone call from the israeli Prime Minister to get an update on the tent situation and gets briefed by Henry Morrissey who he hopes can dissuade the conflict. Ten people have been killed in gaza and three people in israel. Today they released their largest air raid in decades, including jerusalem. Their air sirens echoed. Two rockets hit south of the holy city, always considered offlimits, even by militants. Hamas also fired several rockets at the coastal city of tel aviv. In this dangerous game of tit for tat, both sides are vowing to press ahead. Sara sidner is live in gaza. The Prime Minister visited to show support for the people there. Sara, youve done remarkable work covering this for people around the clock. What is happening in gaza n
Welcome to you. Good to be here, pierce. We now know the white house, the statement coming from tommy. The talking points about the intelligence, and the white house and state department changing consulate to diplomatic facility for ak ras pep a line being drawn by the white house that they didnt change anything that the Intelligence Report went to susan rice other than what you named the consulate or dip the maic facility. What do you make of that . Well, what is the issue that has been raised as a result of that . I think we all know the Intelligence Community had created the talking points that did come out about the incident that occurred. The purpose is to make sure that any information or that they would give to the media would not be classified. I think thats how a lot of these issues with the talking points started and the issue thats been raised in the last couple of days has been the issue of having al qaeda taken out of the talking points and putting extremists in there. My
Ranking member of intelligence. Welcome to you. Good to be here, pierce. We now know the white house, the statement coming from tommy. The talking points about the intelligence, and the white house and state department changing consulate to diplomatic facility for ak ras pep a line being drawn by the white house that they didnt change anything that the Intelligence Report went to susan rice other than what you named the consulate or dip the maic facility. What do you make of that . Well, what is the issue that has been raised as a result of that . I think we all know the Intelligence Community had created the talking points that did come out about the incident that occurred. The purpose is to make sure that any information or that they would give to the media would not be classified. I think thats how a lot of these issues with the talking points started and the issue thats been raised in the last couple of days has been the issue of having al qaeda taken out of the talking points and
Good morning, everyone. Im randi kaye. It is 10 00 on the east coast, 7 00 a. M. On the west. We start in gaza this hour, as people there have to fear death from above. Israeli war planes have been relentless in their attacks on targets in gaza. They are hunting rocket launchers, but dozens of civilians have been killed as a result. The latest round of this conflict started wednesday, and there is no end in sight. Sarah sidener is in gaza city for us. What are you seeing at this hour . Are you hearing or seeing any air strikes . Reporter were hearing drones above, but just five minutes before we started this show, we saw rockets coming out of central gaza, literally a few hundred yards away from us. We could see the rockets going up into the air, and they were sort of white, and then they would disappear and they were pointed, of course, towards israel. Usually when that happens, you see that happening and then you hear the sound of planes above shortly after. And then usually that are