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Sandy’s Impact Beyond the Storm Damage

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  • Description

    FBN’s Liz Claman on the economic and electoral affects of the hurricane.

  • Duration 7:29
  • Date

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Start to do better reporting.

Call regarding the storm.

People kept saying.

-- -- -- Before -- worry about all of these other things I I was extremely concerned about the energy situation and I'm not -- electricity was talking about.

The gasoline inventories that would be eventually available here that -- hasn't really been an issue for the past six storms here.

In the news northeast area and I just I haven't -- Statistically this storm -- rather than -- rate can't just.

A lot of refiners wouldn't be able to get product of its.

Participants.

Get it over to the gas stations insurance that's -- happening so that's what worries me.

You know of course the building material supply it's supply chain -- when you -- -- the -- to the company does the proposed.

The company -- material to stop it rocketed yesterday they -- -- material that the demand just have to partner.

About a number of the destinations.

Throughout to -- scenario you're gonna they have -- Don't have electricity attempt pumped.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- I think that's what's gotten I think that's what's gotten a little disconcerting does.

-- now.

Tomorrow and in -- in this recovery effort.

And take pleasure in a massive scale.

Throughout most of the tourists and are absolutely New Jersey hub -- a lot of sector overall economy.

That the protection because everybody's wondering total -- the economy by a couple of percentage point.

And other people in the -- twist on the broken windows theory you know not -- criminality broken window period up -- and apparently -- -- as appropriate.

It'll stimulate the economy didn't have to rebuild that I think about it don't just -- The Jersey Shore if the devastation and people will want every built there isn't it's not a few a few yards back properly.

Bangkok court looked at rebuilding happens to people and that the statistical system with intricate that might stimulated -- little that we can.

-- -- -- -- -- Well sorry but the government -- government.

-- definitely will be that person that had enough money goes into.

-- to learn how to pick up but normal front compartment content.

I'm sorry and then you know I think that's what it is that it wouldn't you talk about who had.

Enough.

Money to deal with what clicked on to people without necessary ten to fifteen billion in the -- -- -- -- forty billion.

Forty billion and perhaps -- the government.

You know a couple of three separate entity from -- equities kidnapped -- building luxury high rises.

Downtown.

West Street probably hit capacity out of the upcoming islands destroyed.

He's got that -- it appeared.

There IKEA.

Back.

You know he did not have the capital right now the bank.

And a huge scale to be able to rebuild that he will probably.

Have to get investors when you look at an entire spit of land like securities -- work.

This one company can -- action they didn't truly overwhelming.

Well I'm actually republic Liz Claman of fox doesn't sort -- actually same.

Estimates of the total costs announces -- or fifty billion dollars.

-- about it a little bit lower yeah.

Now.

And then lenders have an impact on election but has been a very.

Man I just won't be much -- New Jersey and New York because.

There were already democratic states in fact all but I -- -- but -- dropped to country.

What do you think.

Well look I believe in the spirit of Americans I think.

I think that they look at it happened -- -- -- have people with boots on the ground checking.

The polling stations around here tight vote by absentee ballot -- thank -- -- -- products.

Absentee ballot it.

To get back on hand and when you look at what's going on that for example I would keep up Cleveland -- expects plans spend a lot of this wind and rain.

-- affecting people far away.

-- politically and so that could possibly.

Happen effect but I think what psychologically.

How people respond.

Took it to potential leaders here aren't -- -- in the wake of the storm he's President Obama appearing as many believe to be extraordinarily presidential supportive.

Coming to New -- you know you -- -- simply stay away from New York City a lot of people are.

Which started to what some people on the right side of the aisle from the right side of the vs the left that.

Nobody can happen on the Traficant talking about to -- but he didn't offer to come.

Didn't have a president post-Katrina situation -- how -- he didn't hello it's probably PC -- back down.

But then you'll have no running making some comments as well and then people who wanted to -- hit -- he's not because previously with a little clarity.

At this point it's maybe have to -- -- that -- -- are these two.

A candidate and how they're behaving in the -- Salt.

And in your losers there and -- -- they -- now.

I'm at an apartment.

Now I have to migrate from the panel to a department.

Dog park zone but Doug -- -- relive their -- New Jersey judges any evidence that Arabs.

Crews -- working all -- when you're -- there.

I haven't been able to get there I tried last night to get the road at highway which is the -- way -- there.

Particular its private paternity.

And beyond me that -- that was on the traffic started to get very significant opportunity even after a quick -- -- -- I'm from California.

I didn't want to release the capital within -- -- -- because I knew I have to keep you know haven't got picked up my kids from various other people's houses have been kind enough.

Japan that the strangest election -- complicated much.

-- -- that it took an hour of the about a -- near my house.

A lot of peripheral by -- securities shut down there are people's throats because we're on the river.

In other people's backyards.

Three how this photographer.

-- you're talking about a are pretty.

Touchy situation there's -- parking lot right near Trader Joe's in the comfort and probably flat at six feet of water.

There's certainly the purpose -- -- -- -- -- -- -- -- -- it'll be condemned will be content it's it's just the telcos.

And -- -- another China and other equity.

-- muscle size and market really around.

The market this beautiful yesterday we didn't see any flash -- -- -- they're able.

I was concerned that it would be out -- sort of a wrap of trades waiting for the past 48 hours worth of work left to trade.

And that was pretty competitive let's say -- -- desperately need to test their systems better because the reason yeah.

New York Stock Exchange shut down effect was because -- -- -- -- that some of the biggest banks.

-- announcement.

Hadn't kept their distance with the product.

Market trading platform they have traded electronically no problem but people started to -- -- confidence that they -- -- Our lows particulars are -- -- I don't -- thanks very much Liz Claman.

Clarkson is largely as a sort of national important -- -- -- -- until.

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