Detailed text transcripts for TV channel - MSNBC - 20121030:19:21:00
We're now two days out. tomorrow we're going to see activity resume at the majority of these banks, but still, it will remain essential employees. safety is really first here. >> stephanie, state and local governments had been hammered and forced to make huge budget cuts, police, layoff teachers. how can they absorb the financial impact of this storm? >> this is going to be massive. if you think about new york city and the billions of dollars in estimates in damages, you haven't even factored the infrastructure costs. earlier today at bloomberg television we spoke to a contributor of the churc...
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