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Detailed text transcripts for TV channel - MSNBC - 20110316:14:39:00

it is the short-term pain that the housing industry maybe does need to work off all the excess inventory. back to you. >> we need to sell more. mandy drury, thank you very much. now the economic impact of japan and how it might be affecting the united states not only within their country but here. i'm joined by wall street journal senior economics writer steve moore. several concerns. you've been talking about them on air. one of them is that japan produces 40% of the world's electronics. might that mean we may not get our electronics? >> yeah. it is a big problem. look, as you know, richard, until last year japan was the second largest economy in the world. china just surpassed them. they are one of our major trading partners. look at how the u.s. markets have been battered since the -- since the earthquake. i think that's an indication of both the fact that we're -- our supplies of electronics are very much in jeopardy and they're a major export market for beef and meat and other agricultural products. >> let's talk about this. there is the perception of what

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Detailed text transcripts for TV channel - MSNBC - 20110316:14:37:00

have to deal with obviously in japan as you know. >> yeah. thank you so much, jeff rossen in middletown, outside of three mile island for us. so what is happening here in japan is officially the second worst nuclear disaster in history. three mile island number three and chernobyl number one and folks working feverishly and around the clock right now to make sure that it doesn't get any worse than it already is. richard, back to you now in the stud studio. >> thank you very much. we'll be hearing your reports throughout the day on msnbc. now, just a short time ago, toyota announced the crisis in japan is forcing it to extend production shutdown through next tuesday. mandy drury is here with what the impact could be right here in the united states. hey, mandy. >> you know, toyota's had to suspend all of its assembly at all of its domestic plants. toyota dealerships in the united states expressed concern about the supply of prius hybrids in particular. with high gasoline prices

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Detailed text transcripts for TV channel - MSNBC - 20110316:14:04:00

displaced. so many of them without heat, without electricity, shortages of food and water continue. we have seen some of the evacuees getting on buses, trying to get out of the region altogether as we have those nuclear concerns. they're also continuing the testing for radiation. we seen saw some babies who were being tested for radiation. and some of the major international aid organizations including the red cross are looking very carefully at where they're going to help because obviously, richard, they have concerns about the health and safety of their own aid workers. >> absolutely. now, chris, stick with us on this. i want you to jump in with our next guest who joins us now. jay lair, the science director at the heartland institute. you hear what chris is telling us. it seems like things are getting worse here. >> they are getting worse and there is nothing good happening with the reactors. but you described earlier a potential cloud of nuclear radiation hanging over japan. that cloud is not going to be life threatening and i think it

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Detailed text transcripts for TV channel - MSNBC - 20110316:14:47:00

companies should they encounter an accident, right? >> there is, richard. i think that probably comes as an eye opener to most of your viewers to hear that in the event and we hope that it is far fetched, but in the event there should be a similar situation in the united states, taxpayers would be on the hook in a far different scenario than they would be if the outcome were similar relative to coal or natural gas or some other form of energy on which we're dependent. >> and then the numbers we're hearing, for instance, looking at jeff rossen, three mile island, a billion dollars that tax pays her to absorb a great portion of, indian point, one estimate is $400 billion. we're talking about a lot of money. >> it is a lot of money. but, you know, as the "usa today" lead editorial said, pick your poison. there is no panacea involved with any of the energy on which we're so dependent. in the last year, we had problems relative to nukes. now in japan. we had problems relative to oil at the deep water horizon mishap in the gulf and at the upper big

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Detailed text transcripts for TV channel - MSNBC - 20110316:14:38:00

lately, consumers seem to be scrambling for the more fuel efficient car. i saw a report from one dealership in california saying they're getting 30 to 40 requests a day for the prius compared to five to ten a day a month ago. for the u.s. in general, it is important to remember, it is not just toyota. the supplier of japanese autos, there is rivals, nissan, mazda, honda, all compromised by the quake and tsunami and there will be losses of about $73 million a day for toyota alone. >> big part of their economy there. mandy, also housing numbers, they don't look too good. >> you can read it two ways. builders broke ground last month on the fewest homes in nearly two years, down just over 22% from january. and that reflects weak demand and many parts of the country are still choking on the supply of just too many existing homes. but the way you can look at it for the glass half full, richard, is that we really don't need more new homes.

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Detailed text transcripts for TV channel - CNN - 20110315:21:53:00

in downtown tokyo, the person who found it would make it their mission to return it to me intact. karen writes that socialists tell you the lack of looting is a the result of large numbers of people developing a more disorderly society. personal he, i've always thought it was because they're a more highly evolved race. joy writes, it's the japanese culture, very refined, digni dignified, disciplined and civilized. we could all learn from them. they're the types of people you willingly help because you know they will make full use of any opportunity to get back on their feet. richard says it would be easy to say heir a homogeneous society. in any case, they're to be applauded. amen. if you want to read more on the subject, find it on my blog. cnn.com/caffertyfile. wolf? >> i'll join in that applause, jack. thank you very much.

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Detailed text transcripts for TV channel - MSNBC - 20110313:16:33:00

there were areas where the road had buckled. you could see destruction not necessarily to the bridges themselves but areas around the bridges. it was safe to go over them . but in terms of damage we haven't gotten to the hardest hit area yet. it's so difficult to get in and out. >> lee, we'll let you get back to work. appreciate it. >> thanks, richard. >> the nuclear industry in the united states is watching the events unfold in japan. joining me now is democratic congressman from massachusetts ed markey. he sits on the energy and commerce committees. as you know the u.s. has 104 nuclear power plants. are you concerned a natural disaster like in japan could cause a similar situation here? >> well, for example, the power plant in california is only built to with stand a 7.0 earthquake. the japan earthquake is an 8.9

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Detailed text transcripts for TV channel - MSNBC - 20110311:10:05:00

but ordinary we only get data from them every six hours. >> that's certain not the case today. thank you for continuing to stay with us. we're continuing our coverage. i'll toss it over to richard. >> we watch pictures coming out of tokyo and some of the experiences. and i believe this may be the problem. there was discussion that when this earthquake hit, the parliament was in session and that's what many people at least when we talk about journalists were watching as well as perhaps some people there in tokyo, absolutely something that they had to react to and stop all business. now let's go to hawaii, the area of concern that alex was talking about, and how they may be preparing for what is happening. shawna borrow, long gas lines, lines at the supermarkets? what are you seeing? >> good morning. we are on the west side of the

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Detailed text transcripts for TV channel - MSNBC - 20110309:15:05:00

kind of wraps around. five or six feet above where it normally is. and you're right, the forecast calls for more rain thursday night into friday morning and there's every expectation that the water level will rise even more. in this direction you can see where the houses are there's already houses going into the basements in some cases close to the back door, just up to the edge of that shed over there. you can also see that the water level has dropped six or eight inches in the past couple of hours since we've been out here. that's the good news but there's every expectation that the water level is going to rise. some people say it can get as much as waist deep during the worst of times. they're racing, watching the river, watching the weather and getting prepared. richard, back to you. >> thank you so much. you don't expect to see those pictures you standing in the middle of the northeast. from all the people of the south to the northeast can expect this. ginger zee is here right now. just a couple of inches from flash flooding, right?

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Detailed text transcripts for TV channel - MSNBC - 20110309:15:36:00

now the speculation growing over who might replace charlie sheen on the hit show 2 1/2 men. meanwhile the troubled actor's latest online rantd against executives that fired him is no surprise, raising questions about his mental state. nbc's jeff rossen following this story again from los angeles for us. hey, jeff. >> hi, richard. charlie sheen did drugs. he partied. he drank. but experts say when they watch his webcast online that he keeps putting up daily there's just something else going on here, perhaps a brain condition, a mental condition, bipolar disorder. today the few questions remain. is sheen back on drugs? and is he say? >> what occurred yesterday was in fact completely and entirely illegal, unconscionable. and to quote my lawyer, really [ bleep ]. >> reporter: late tuesday night charlie sheen was back online in sheen's corner, ready to fight against the studio execs that fired him. >> now that i have your [ bleep ] world sit back and

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