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Passiac river is expected to crest. >>reporter: my right foot on the sidewalk and left on the street. i am in two feet of the water and i am in the street. the passiac river is way down there and as you walk in it is like ocean. shallow and gets deeper and up to neck high. this as you e -- mentioned is not crested. it is expected at two in the morning. there is's lot of speculation as to why it happens so often. this area gets riddled with floods. one residents has an expranation or solution. >> i watch it happen year after year. i still have friend whose life down there. it gets to the point ...

Doing it. you would say why do you get that close? it gets in you. you e the lion close and wants to get close. this is what not to do maybe on your safari. a couple of tourists got a little too close to hippos. >> that's close. that is close. >> there's another one. where's the other one? >> he's coming. oh, no! >> who knew that a hippo could swim like that? >> the hippo knew clearly. >> but the tourist did not. as you continue to watch this, they're trying to get out of there on the boat and the hippo, the hungry, hungry hippo -- i guess they call him that for a minute -- kept on coming. the...

You that this is a long-term viable idea that is hiking taxes on the wealthy, now is not the time. what is interesting it the arguments i've heard for now is not the time, the top 5, 3, 2%, if it stymies spending or freezes their wherewithal to spend, then it's hurting everybody. that almost sounds like a republican argument. >> i'll flip that argument on its head. if you e for example, have a situation where you extend all the bush tax cuts and put undue pressure on the economy and then create uncertainty in the national markets about the solvency of the u.s. economy, you're going to create t...