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Needed. >> john: that squeezes newcomers out? >> and they should be squeezed out. >> john: why? >> because this is a regulated industry. >> john: how much do you get paid lobby for this. >> my right is $775 an hour. >> i can't blame him, but don't husband 80 me. >> john: so you are paid by the taxi king, jerry schaffer. >> i'm being paid not him. >> john: keep the little guys out. >> kings, queens and jacks. >> poor folks pay lobbyists. if he gets his regulation, poor people won't be taxi entrepreneurs. >> only a few will be able to afford it. >> john: washington has been an

Needed. >> that squeezes newcomers out. >> newcomers should be squeezed out. >> why? >> because this is a regulated industry. >> how much do you get paid to lobby for them? >> i get paid by the hour. my rate per hour is $775. >> this man, he is about money. i can't blame him. but don't hustle me. >> i am told you are paid by the taxi king jerry schafer. he is using you to squeeze the competition out. >> i am being paid not by the taxi cab but by -- >> a bunch of taxi cabs kings, queens and jacks keeping the little guys out. >> buy jackson and poor folks. >> poor folks really pay lobbyists. if ...

Jenna: we get images of people walking around with masks for example. >> right. jenna: maybe that comparison isn't the best. what do you mean by that? >> sars killed 775 people. i don't have the exact number how many were infected but clearly that was a large number of people who succumbed to the virus. it is similar to the sars virus it came from the same family of viruses called the corona virus which can cause of a sort of wide spectrum of illness from a common cold to severe pneumonia to respiratory illness and death there is not a lot of comparison other than i believe they believe this n...

From the glass shattered from the blast. new details about what may have been the motivation behind the boston marathon bombings. this morning, the first look at the site of the actual explosion. workers, there all night, resurfacing the street where the first bomb went off, so that this morning, it is back completely almost i should say to normal. miguel marquez live on boylston street with the latest. good morning, miguel. >> reporter: good morning, john. the sense of relief is palpable. the old number nine. the city bus on its boston strong. you see that everywhere across the city these d...

Fluctuations in the market in this whole process? >> well, i'm not too worried about the short-term fluctuations. i think you saw the dow was down 120-odd points. i think it's been down more than 100 points five times in the last 30 days. when the dow is at 13,000, 100 points is not that big a deal. i'm not too kerped about the short-term variations. i am concerned about the long-term effects on the economy and i think that's a real concern that people are right to have. >> the asked the question because as you will recall in the fall of '08 there was that 775-point drop at a time when there w...