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EARLY START WITH JOHN BERMAN AND ZORAIDA SAMBOLIN

Desperation In The Philippines; Protection With A Bow; Rich People Getting Lower Rates Than You

Aired November 12, 2013 - 05:30   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


(BEGIN VIDEO CLIP)

ZORAIDA SAMBOLIN, CNN ANCHOR (voice-over): Survival instincts kicking in. How a 14-year-old girl managed to protect herself when an intruder came into her home.

JOHN BERMAN, CNN ANCHOR (voice-over): And one of the best craigslist story you will ever hear. You will not believe what was bought inside this desk. A lot of money. That's a hint. And then, you will not believe what the person who bought it did with it. You'll have to stick around to hear the story.

SAMBOLIN: You really will, because I don't understand how you forget that you put that amount of cash inside a desk.

(END VIDEO CLIP)

SAMBOLIN (on-camera): So stay tuned for that. Amazing. Welcome back to EARLY START. Glad you're with us. I'm Zoraida Sambolin.

BERMAN (on-camera): And I'm John Berman. About 31 minutes after the hour right now.

SAMBOLIN: So, we're going to start, of course, in the Philippines. The misery is growing by the day in the wake of super typhoon Haiyan. Some 4.2 million people have been affected by the storm. Millions are left without food. They have no water. They have no shelter. Take a look at those pictures. The official death toll is just under 2,000, but that is expected to climb much higher, they say.

The Red Cross estimates some 10,000 people were killed. Anna Coren took a ride above the damage and it is just devastating.

(BEGIN VIDEOTAPE)

ANNA COREN, CNN CORRESPONDENT (voice-over): Across huge expanses of the Philippines, there is nothing is left but rubble and desperation. You can see it from the air and feel it and smell it on the ground. Survivors walk past the ruins of their homes and lives. Focus on one thing, finding food. The waters of refuge (ph) crunching beneath their feet as they scrounge for scraps.

MAGINA FERNANDEZ, VICTIM: Get international help to come here now. Not tomorrow. Now. This is really, really like bad, bad. Worse than hell. Worse than hell. COREN: U.S. marines are on the ground. Relief operations are under way. But food, clean water, and medical supplies can't come fast enough. This air field in Cebu has become the staging ground for the country's biggest relief operation.

(on-camera) There's a real sense of desperation here on the ground while the focus is, obviously, on the sick and the injured and getting them to safety. The people of this hard-hit island need food and fresh water. They've been without it for days and despite assurances from the government, it is yet to arrive.

The problem facing authorities is logistics, getting the supplies to the hard-hit and remote areas and to the people who need it.

(voice-over) So many roads are impassable, clogged with debris and littered with bodies. The stench is terrible. And for many, the pain is unbearable.

UNIDENTIFIED FEMALE: A lot of people are dead. Our friends are dead. Some of our family members are dead. So, it's really devastating.

UNIDENTIFIED FEMALE: I am the only survivor of the family and I want to know them, if they are still alive.

COREN: As the death toll grows by the day, families are desperately searching for loved ones who may be lost forever, swept away by one of the most powerful storms ever to strike the planet.

UNIDENTIFIED MALE: A tornado just passed us and a tornado lasted for four hours. At first, it was the ceiling that went off and then the roof just started flying in all directions.

UNIDENTIFIED MALE: There was a 15 to 25-foot wave came across entire villages. So, everything is wiped out.

COREN: In the midst of all this death and destruction, a baby girl was born at a makeshift clinic at the Tacloban airport. Her mother swam to stay alive when the storm hit, delivering a new life and a glimmer of hope.

Anna Coren, CNN, Cebu, the Philippines.

(END VIDEOTAPE)

BERMAN: Our thanks to Anna for that. You heard it described as a tornado that lasted four hours. Imagine that. And those who lived through this storm describe a scene of just horror and terror, death and destruction everywhere. And at the height of Haiyan, there was certainly so much fear about what might happen. Shirley Lim lives in Coron.

(BEGIN VIDEO CLIP)

VOICE OF SHIRLEY LIM, TYPHOON HAIYAN VICTIM: The wind is so strong. It's like crying like oooohhh--sshh. I cannot imagine myself. It's like the movie "Twister," you know? I feel like I'm -- this is it. I'm going to die. The local government here, the help of our mayor, (INAUDIBLE) and our governor, they also provide water, shelter -- evacuations center.

Most of the houses here in Coron were made of light materials like bamboo. That's why most of the houses here were unroof. The beauty of Coron, of course, is still there. So, you guys can visit also Coron. Maybe, you know, as they can say that this typhoon Yolanda is a warning sign that we have to protect and conserve our natural resources.

(END VIDEO CLIP)

SAMBOLIN: The beauty is still there, she says.

All right. So, the forecast today in much of the Philippines is, unfortunately, rain just adding to all the devastation from more than a million people that were displaced there. Meteorologist, Indra Petersons, is here with this really sad picture.

INDRA PETERSONS, AMS METEOROLOGIST: I mean, it really is. We were just talking about that. Who calls a similar to being a tornado? But that's what it was. It was like an EF-5 tornado. To even have an EF- 5 tornado, it's really over your house for seconds and continues to move on.

SAMBOLIN: Yes. He said four hours. Four hours long.

PETERSONS: This was like it stays in place and that's exactly what it was. And of course, there was another system in the area today. A little bit of confusion with it from the joint type of the morning center, it is still just a high risk. The Philippines have their own governmental agency and they have named this tropical depression, Zoraida.

Either way, it is the same system now currently producing heavy rain into the region. We're talking about anywhere from six to 10 inches of additional rain. Winds about 35 miles per hour, and in perspective, this wouldn't typically be a big deal. They're used to heavy systems in this region, that they are trying to recover at any additional rain at this point in time is extremely difficult.

Now, we're still looking at the heaviest portion of rain currently tapering off for them tonight and then drying out as we get through Wednesday. The easiest way to see that is the water vapor satellite. You can actually see here's where all the moisture is and behind it some dry air will be filling in where you see that yellow.

So, that's one piece of good news we have. That by Tuesday and Wednesday, things will -- by Wednesday and Thursday, I should say, things will look a lot better for them. So, heaviest showers right now tapering off and high wind still currently in the region and then things do get better, but it looks like just, you know, 48 hours from now, another system heading their way as well.

BERMAN: They really do need things to get better, of course. So many people want to help, Indra. If you want to help with the recovery efforts in the Philippines, go to CNN.com/Impact. There's a list of charities there that you can donate to. It's a great resource to get help to people who really need it.

SAMBOLIN: And they desperately need it. And you know, I was reading this morning, one of the headlines was that 10,000 body bags have been ordered. So, if you're so inclined, that's a really great place to go and get some more information.

Thirty-seven minutes past the hour. Another news now. Toronto's mayor insists that he is not going anywhere despite enormous pressure to resign.

(BEGIN VIDEOTAPE)

SAMBOLIN (voice-over): A defiant Rob Ford declared Monday he will not step down even after admitting to smoking crack cocaine. He was booed at an event for veterans and one 80-year-old World War II vet refused to shake his hand. Toronto City Council is set to vote tomorrow on an unprecedented motion to force the mayor out. Ford has said he plans to run for re-election.

BERMAN (voice-over): The son of Oklahoma senator, James Inhofe, was killed in a private plane crash this weekend. Fifty-two-year-old Perry Inhofe was piloting the small plane when it crashed Sunday outside of Tulsa.

There is no word on what caused that crash but the type of plane he was in which is a Mitsubishi 2b-25 has come under scrutiny of late after a spike in accidents. Senator Inhofe is an avid pilot who says that he taught (ph) his son to fly.

SAMBOLIN: A public memorial service today for a TSA officer killed in a shootout at Los Angeles International Airport. Attorney general, Eric Holder, and TSA administrator, John Pistole, will attend the service for Gerardo Hernandez (ph) who was gunned down on November 1st when authorities say Paul Ciancia pulled a semi-automatic from a duffel bag and just simply began firing. Hernandez was the first TSA officer killed in the line of duty. He was just 39 years old.

BERMAN: A judge is set to decide this week whether a lawsuit against Spike Lee will be heard in state or federal court. A tweet by the Oscar nominated director misidentified an elderly couple's address as the home of George Zimmerman. The couple allegedly encouraged the dangerous mob mentality and say they continued to get death threats and they say they've been unable to sell their house.

(END VIDEOTAPE)

SAMBOLIN (on-camera): Disturbing images for you now. This is from Michigan of the moment when a state trooper and a suspect fell off an overpass. It was all captured on the dash cam. Take a look at this.

(BEGIN VIDEO CLIP)

SAMBOLIN (voice-over): It happened on November 1st when the trooper tried to stop a driver near Saginaw. There was a high-speed chase and when the driver finally stop, over here, there you go. Look at that. He tried to climb over the guardrail to get away.

That's when the trooper reached out. Both went tumbling over the edge down some 30 feet. Both the trooper and the suspect are said to be recovering. Neither have been identified.

BERMAN: That's crazy.

(END VIDEO CLIP)

BERMAN (on-camera): All right. So, it's a very special Veterans Day for one South Carolina boy and his father. Eighth grader, Josh Carroll (ph), thought he was going to an awards program at school. Little did he know that someone special was going to be there as well. Take a look at this.

(BEGIN VIDEO CLIP)

BERMAN (voice-over): The look on that boy's face doesn't get more priceless than that. The shock and then the joy. All right. His father, Lieutenant Bob Carroll (ph), spent six months with the army in Afghanistan. He was not supposed to be home for three more weeks, but he and his wife thought a great way to say hello to their kids again with the school's help, of course.

We are told his two other sons had no idea he was back either. I'm sure they were just as surprised when they saw their father home on Veterans Day. What a happy Veterans Day for that family.

(END VIDEO CLIP)

SAMBOLIN: Unbelievable story. Oh, I love that.

BERMAN (on-camera): That was great.

SAMBOLIN: Yes, yes.

All right. Coming up, when an intruder entered her home, one Florida teen did the only thing that she could think of. She grabbed a bow and arrow!

BERMAN: What?

SAMBOLIN: We're going to tell you how this all turned right after the break.

(COMMERCIAL BREAK)

BERMAN: All right. Welcome back to EARLY START, everybody. We have a rather unique story for you now of a Florida teen who took a page out of really the "Hunger Games" to stop an intruder. Fourteen-year- old Mariah Reed was at home near Orlando early Saturday morning, and she heard a knock at the door.

She thought it was her mother so she unlocked the door without looking and then ran back to bed. But it was not her mother. It was a 54- year-old woman and when Reed heard this woman's voice, she knew something wasn't right, knew it wasn't her mother so she grabbed her bow and arrow!

(BEGIN VIDEO CLIP)

MARIAH REED, PULLED BOW AND ARROW ON INTRUDER: It was like what do I do? Who is this lady? This isn't anybody that my parents had mentioned or I had seen. I panicked a little and got the bow out of my closet. She was just panicking saying, "oh, my God, are you going to shoot me with that?" I'm like, "get out of my house. What are you doing in my house? Get out."

(END VIDEO CLIP)

BERMAN: This is why people keep bow and arrows in their bedroom closets. Reed hit in her room and called 911. The woman was arrested. She was charged with trespassing and still not clear why she went to the house, but Reed says the woman appeared to be very, very confused.

SAMBOLIN: The moral of the story here. Do not unlock the door and simply walk away. My goodness. That could have ended very badly.

All right. Let's take a look at what's coming up on "NEW DAY." Chris Cuomo and Kate Bolduan joining us. Good morning.

KATE BOLDUAN, CNN CORRESPONDENT: Good morning, guys.

CHRIS CUOMO, CNN CORRESPONDENT: You know, we always say it's the gun, it's the gun. In the last week, we've seen a bow and arrow, JB, while you were on vacation and an axe. Somebody had like this hand axe, like a pick axe next to the bed.

BOLDUAN: They're like an Olympic act --

CUOMO: People have lots of ways to defend themselves.

BOLDUAN: Yes, they do.

CUOMO: All right. Obviously, the big story this morning is what's going on in the Philippines and here's why. It's not over. You look at the wreckage you think the storm has passed. One, there's another storm is coming and then there's a storm of a different kind. The worst time during these situations are in the first weeks afterwards. Why?

Disposal of the dead is very slow. People can't get aid and there is a secondary wave of death and disease that can happen if help doesn't get there. And right now, it can't. It's very slow. We're lucky enough to have Anderson Cooper on the ground to monitor the situation for us. We'll let you know what's going on there, what's developing, and how you can help.

Remember, you can go to our website at any time, CNN.com/Impact and help the relief organizations that are trying to get going there.

BOLDUAN: Yes. This is the time when it's needed the most, obviously. And we're also following new developments in the Miami Dolphins locker room scandal. The team's owner finally speaking out for the first time about claims that player, Jonathan Martin, was bullied by another teammate, Richie Incognito. What he says the owner -- what he says he plans to do this week to get to the bottom of the accusations and also a pretty tough game for th Dolphins. We'll talk about it and much more.

SAMBOLIN: All right. See you soon. Thank you.

BOLDUAN: Thanks, guys.

SAMBOLIN: So, if you haven't noticed, it's pretty cold out there for much of the eastern part of the country and that means snow! Can you believe it? This was the scene near Chicago where just under an inch fell. It was more of a nuisance than anything else, but it was -- but look at this, this is (ph) my favorite. My two nephews out in the snow. That is Berwyn (ph), a suburb of Chicago. That's Noah and Justin. They couldn't wait to get out there and play!

BERMAN: That's right. They're making mud angels.

SAMBOLIN: They are.

(LAUGHTER)

SAMBOLIN: It feels like this for most of the country, right? Where is all this snow falling, Indra?

PETERSONS: I mean, you guys can see the satellite right now. We're talking about Scranton for anything (ph) just a few flurries also around state college and this is going to be the story today. This region here, pretty much mid-Atlantic and trying to creep into the south, has a chance. And I say a chance.

SAMBOLIN: New York?

PETERSONS: Minimal, yes, New York. We're talking about the next couple of hours. We are going to see a frontal band make its way through. Why? The arctic high is bringing all the temperatures way down below normal today. And of course, we have a front passing through. So, this is this morning. Notice we're seeing the showers just behind New York City.

Also, once this front kind of makes it is way through throughout the morning during the commute hours, we could see a dusting. The key here is, you guys, a chance. This is that first little flurry for most people.

SAMBOLIN: You know, I was going to say, I want it to be really hot or I want lots of snow. So, bring it on.

PETERSONS: So, you still got neither really.

(CROSSTALK)

(LAUGHTER)

PETERSONS: You get neither.

(LAUGHTER)

SAMBOLIN: Thank you, Indra.

BERMAN: She just used to disappoint me.

(LAUGHTER)

BERMAN: It is time now for our "Morning Rhyme." We have a great one. These are the best tweets of the day and today is from Jason Flores (ph). He sends us this. He says, "The Haiyan typhoon caused so much damage and loss. Let's open our hearts and give to the Red Cross."

SAMBOLIN: Nicely done, Jason.

BERMAN: That's a terrific sentiment. You can come up with your own "Morning Rhyme." Tweet us with the #morningrhyme and #EARLYSTART. That was a great one. We really appreciate it.

SAMBOLIN: We'll be right back.

(COMMERCIAL BREAK)

SAMBOLIN: Welcome back to EARLY START. It is "Money Time." Christine Romans is here.

CHRISTINE ROMANS, CNN CHIEF BUSINESS CORRESPONDENT: Good morning. Good morning, you guys.

SAMBOLIN: Good morning.

ROMANS: The Dow industrials scored the 35th record high, record close for the year yesterday. A decent day for all the major averages. I want to show you stock futures lower this morning, but that's what it looked like yesterday. The gains for the year now for the Dow, 20 percent. Berman, when you left, stocks kept going up. The NASDAQ is up 30 percent.

(CROSSTALK)

ROMANS: The S&P 500 up 24 percent. Those are fantastic, fantastic returns for the year, everybody. You can check your 401(k) and make sure you have the right balances there.

And do you know this guy? Uh-huh. William Shatner. That's right. That's right. The pitch man, of course, for priceline.com, that stock yesterday warped speed. It is the highest price stock in the S&P and it's rising. Look at this chart of price line. All time high above 1,100 a share. For the year, it is up nearly 80 percent.

And charts like that have some people looking at NASDAQ stocks and going bubble, maybe, bubble. But it's something that we're hearing people talk about really a lot. The housing markets right now are there bubbles forming in the housing market. Yesterday, I sat down with the chief economist of Zillow and I asked him, are there housing market bubbles? He pointed to four California cities in particular, San Jose, Los Angeles, San Francisco, and San Diego. Listen.

(BEGIN VIDEO CLIP)

STAN HUMPHRIES, ZILLOW CHIEF ECONOMIST: -- rates go back up to five or six percent, people in San Jose are going to be spending more than half their incomes on a mortgage which is way above what they ever have historically, and if history is any guide when that happens, prices go flat or start to fall again.

(END VIDEO CLIP)

ROMANS: The international cash fire is coming into those markets and they are buying lots of properties for cash and that's one of the reasons why you're seeing those prices go up.

Now, here is another little piece of housing news for you. Rich people are getting mortgages that are cheaper than yours. In an unusual twist, lenders are offering rates on jumbo loans that are a quarter of a percentage point lower than those on conforming loans backed by Fannie Mae and Freddie Mac.

What? One big reason the jumbo rates are so low is because lenders want to attract wealthy clients. They want to hang on them then they can cross sell other products to those wealthy borrowers like brokerage services. So, shop around. Interesting. Interesting. Well, I'm really hopeful that these low mortgage rates are going to be available to more people.

BERMAN: Yes.

ROMANS: You have -- and Zillow chief economist yesterday told me it will not be a normal housing market until more first-time home buyers can get in. Right now, first time home buyers, not as many as historically, have been getting into the market. We need to fix that. We need to fix that to really get a normal housing market again.

BERMAN: Christine, thank you so much.

ROMANS: You're welcome.

SAMBOLIN: All right. Coming up, talk about honesty. A rabbi found a huge surprise inside a desk. What he did with it will warm your heart or make you scratch your head. That is coming up next.

(COMMERCIAL BREAK)

SAMBOLIN: So, it was supposed to be a simple craigslist purchase by a rabbi and his wife in Connecticut. An office desk for about 150 bucks, but they found something unexpected inside, a shopping bag inside with $98,000 in cash.

BERMAN: What? SAMBOLIN: Yes. So, the rabbi and his family returned the money the very next day. It seems the woman who sold them the desk had stashed the cash there but forgot about it.

BERMAN: What?

SAMBOLIN: Aha. The rabbi said he had to return the cash. It's all about being honest. He took his kids with him to return the cash. Such a sweet story.

BERMAN: It's wonderful.

SAMBOLIN: So many questions.

(LAUGHTER)

BERMAN: It's good that he returned the cash, but no one forgets putting $98,000 cash in their desk.

SAMBOLIN: Yes.

SAMBOLIN: That is all for EARLY START. We will leave you with that. Go check your desk for hundreds of thousands of dollars. "NEW DAY" starts right now.

SAMBOLIN: I'm going to do that.

(BEGIN VIDEOTAPE)

UNIDENTIFIED FEMALE: I am the only survivor of the family and I want to know them, if they are still alive.

CUOMO: Medical emergency. The typhoon has left thousands dead, now posing serious risk to the living. Bodies piling up in the streets. Food in short supply. New fears that disease and starvation will kill many more.

BOLDUAN: Arctic blast. The deep freeze sweeps east this morning. The first snow of the season in store for parts of the northeast. How much is on the way?

MICHAELA PEREIRA, CNN CORRESPONDENT: I was appalled. That was the reaction to the owner of the Miami Dolphins to the bullying controversy surrounding his team. Why he's shocked by the allegations and why the Dolphins week just got a little more embarrassing?

CUOMO: Your "NEW DAY" starts right now.

ANNOUNCER: This is "NEW DAY" with Chris Cuomo, Kate Bolduan, and Michaela Pereira.

(END VIDEOTAPE)

CUOMO: Good morning. Welcome to "NEW DAY." It's Tuesday, November 12th, six o'clock in the east. The situation is not over, in fact, it could get worse. A new storm, no food or water, risk of disease. The Philippines are in crisis. Take a look at these faces, the survivors, many of them children looking for families, all of them desperately in need of food and water.

Aid is arriving from around the world. The "U.S.S. George Washington," a huge aircraft, a ship that we have, has been dispatched to provide some relief, but here's the problem. It's just taking a long time to get there. The airports aren't functioning. There's no real infrastructure there. So, every hour, the every day that passes, the situation becomes worse. Another storm is coming. So, the situation is desperate on the ground. We'll show it to you.

BOLDUAN: And still, throughout all of this, communication is largely cut off. Officials trying to stop the looting by people who are simply desperate for supply at this point. On top of that, a 4.8 magnitude earthquake hit today near one of the affected areas. Just for some perspective on all of this, take a look at this, this is the size of Haiyan before it made landfall. Had it been near the U.S., it would have covered a huge part of the east coast.

And also, here's another look, showing it -- size, compare it to hurricane Katrina and we all remember the devastation that Katrina brought to the United States. But there has been -- there have been moments of hope, glimmers of hope. We told you about a baby born in the middle of the storm. We're going to hear from the doctor next hour who brought her into the world.