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A huge reduction in occupancy rates in the hotels, casinos, a lot of mom and pop shops along highway 90. they wait for summer to end so they can bank on labor day weekend. that s a big factor. another factor, we could see four to six more inches of rain come today and tomorrow. a lot of local officials are concerned about flooding. they are telling people, although it is beautiful out, make sure to stay cautious throughout the holiday weekend. jamie: definitely not over yet, thanks elizabeth. thank you. kelly: for u.s. border agents protecting americans means a nonstop battle to keep mexico s bloody drug war and products off u.s. soil. national geographic captures agents experiences in its sear in its series, border wars. the destruction of thousands of thousands of ....
Ability lies with them, and people say the bad banks. i don t think it is quite that simple. jamie: sounds like tax dollars at work and the question is speaking of dollars, people want to borrow money and we hope to banks will put it out there and stimulate the economy. are they tightening the strings. i m sure there will be some and another part that doesn t make sense, the one partner, the most important partner the government needs are the banks to loan money. and, here they are, just smacking them in the face, not only, you know, possibly and most likely in their wallets but also publicly. it is making the bank system look bad again and stock pricing will fall back because of the fear and you will see less loaning and it s not a good move with one exception, it will potentially help president obama look good, that he is now being strong against wall street, when he s out there, you know, basically going after and trying to get reelected. i ll say, jamie go ahead, i m ....
Brush it under the carpet here. but, the bottom line is, it doesn t make a lot of sense excepts from a political side. jamie: i guess my question is why weren t they getting this taken care of all along? the banks, bank of america, jpmorgan chase, goldman sachs, morgan stanley, citigroup, goes on and on, the list, they have been allowed to do this, for this period of time and get away with it? . the question is what are they getting away with and need to reflect back on themselves and the government can t sue themselves but if you think about it, the moment fannie mae and freddie mac backed something it got a aaa rating and the way it work, fannie mae couldn t pay for it. the government and the full faith and credit of the u.s. government would come in and back those mortgages. so, the moment that happened, what really took place was now you had aaa rated mortgages and it was because fannie mae basically said i m blessing these and when that happened they could loan those mortgage ....
you know, in addition to those damages, that you could say, to people s daily lives, we re also seeing a huge hit, economically. here. i just got off the phone with a public information officer for here in blocks and he said it is really going to be a hit to their pocketbook. labor day is a huge weekend for them and there s a number of casinos along u.s. highway 90, and those, although open, jamie, not full, this weekend. jamie: clearly, hit hard, elizabeth, thanks for staying on it for us and glad you got a little dry time, too. take care. reporter: thank you. kelly: what is next as tropical storm makes its way inland? rick reichmuth is live in the weather center with details. rick: yes, she s in a little bit of a break there. there is more rain to be had, lafayette, a break between the two bands. heavy rain across the panhandle of florida and the watch box in effect and, the beaches, people trying to get out this last weekend, here, of summer, i know ....
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