CHANNEL ONE NEWS SHOW SCRIPT 9/30/08 TOPICS COVERED: - News of the Day - Gas Shortage - Hip Hop Pop Quiz (SOT: Michael Cera) “Hi guys, I'm Michael Cera.” (SOT: Kat Dennings) “And I'm Kat Dennings.” (SOT: Michael Cera) “And we're here from the new movie, Nick and Norah's Infinite Playlist.” (SOT: Michael Cera) “And we’re going to put you to the test in a pop quiz, but first Channel One News starts right now.” JESSICA: LET'S START OFF THE SHOW WITH HEADLINES. JUSTIN, YOU'VE BEEN FOLLOWING BIG NEWS ON CAPITOL HILL RIGHT? JUSTIN: THAT’S RIGHT JESS, WE'VE BEEN TALKING A LOT ABOUT THAT 700 BILLION DOLLAR BANK BUY OUT AND SO HAVE LAWMAKERS DOWN IN WASHINGTON. (SOT: ) “The yeahs are 205 the nays are 228.” JUSTIN: THEIR ANSWER WAS NO! YESTERDAY THE U.S. HOUSE OF REPRESENTATIVES REJECTED THE 700 BILLION DOLLAR PLAN TO BAIL OUT THE NATION'S STRUGGLING FINANCIAL INSTITUTIONS. JUSTIN: THE VOTE STUNNED WALL STREET AND STOCK PRICES DOVE. THE DOW DOWN 770 POINTS, THE MOST EVER! JUST ONE EFFECT BACKERS OF THE RESCUE PLAN HAD WARNED AGAINST. AND THEY FEAR THAT A LOT MORE TROUBLE IS AHEAD. (SOT: Rep. Steny Hoyer) “A million more homes will likely be foreclosed on.” JUSTIN: SUPPORTERS SAID THE BILL COULD HAVE ENDED THE MORTGAGE MELTDOWN. JUSTIN: ALLOWING THE GOVERNMENT TO RENEGOTIATE THE BAD MORTGAGES IT BUYS AND LIMITING MULTIMILLION DOLLAR CEO SALARIES AND GOLDEN PARACHUTES. JUSTIN: BUT THE 700 BILLION DOLLAR PRICE TAG AND THE CONCEPT OF MAIN STREET HELPING WALL STREET ANGERED MANY VOTERS. (SOT: Adam Rosenfield) “You know the rich, the rich will end up getting richer in this.” (SOT: Sandi Woodbind) “I feel like it's going to hurt the public and the main street homeowner.” JUSTIN: REPUBLICAN LEADERS WERE SYMPATHETIC, BUT DESPERATE. THEY TRIED TO CONVINCE THEIR COLLEAGUES THE PLAN WAS NEEDED TO KEEP THE ECONOMY FROM COLLAPSE. (SOT: Rep. John Boehner) “If I didn't think we were on the brink of an economic disaster it would be the easiest thing in the world for me to say no to this.” JUSTIN: BUT "NO" IS WHAT MOST REPUBLICANS DID SAY. MORE THAN TWO THIRDS OF REPUBLICANS AND 40 PERCENT OF DEMOCRATS OPPOSED THE BILL. JUSTIN: SO IT'S BACK TO THE DRAWING BOARD ON THE BAILOUT. THE HOUSE IS SCHEDULED TO RECONVENE ON THURSDAY INSTEAD OF ADJOURNING FOR THE YEAR AS PLANNED. JUSTIN: AND WASHINGTON AND WALL STREET ARE BUZZING ABOUT ANOTHER BANK TAKEOVER. CITIGROUP IS NOW TAKING OVER WACHOVIA. AND EXPERTS SAY THIS ONE IS NOT AS BAD AS THE WASHINGTON MUTUAL TAKEOVER FROM CHASE BECAUSE WACHOVIA, WHILE STUCK WITH LOTS OF BAD DEBT, IS NOT A FAILING BANK. JESSICA: WOW, THANKS FOR THAT EXPLAINER JUSTIN. HANNAH, WHAT DO YOU HAVE? HANNAH: I’VE GOT SOME NEWS FROM SOUTH AMERICA THAT’S ACTUALLY RAISING EYEBROWS IN WASHINGTON. HANNAH: VENEZUELAN PRESIDENT HUGO CHAVEZ SAID OVER THE WEEKEND THAT HE WILL WORK TO DEVELOP NUCLEAR ENERGY FOR PEACEFUL PURPOSES. HANNAH: THE ANNOUNCEMENT CAME ON SUNDAY ONLY A FEW DAYS AFTER RUSSIAN PRIME MINISTER VLADIMIR PUTIN OFFERED TO HELP THE SOUTH AMERICAN COUNTRY BUILD A NUCLEAR REACTOR. HANNAH: IN THE PAST, CHAVEZ HAS BEEN OUTSPOKEN AGAINST THE UNITED STATES AND HAS DEFENDED THE IRANIAN GOVERNMENT AND THEIR NUCLEAR ENRICHMENT PROGRAM. HANNAH: THE TWO COUNTRIES HAVE BECOME STRONGER ALLIES SINCE VENEZUELA SUPPORTED RUSSIA'S DECISION TO INVADE GEORGIA LAST MONTH. THAT INVASION REALLY HURT RELATIONS BETWEEN THE U.S. AND MOSCOW. JESSICA: OK GUYS, YOU MIGHT NOT BELIEVE THIS HEADLINE. WE’VE ALL PROBABLY READ ABOUT PIRATES OR SEEN THEM IN MOVIES. WELL THERE ARE SOME REAL LIFE PIRATES OUT THERE WHO HIJACKED A SHIP AND ARE NOW ASKING A RANSOM OF 20 MILLION DOLLARS. JESSICA: THESE PICTURES RELEASED BY THE U.S. NAVY SHOW THE SMALL BOATS THAT SOMALI PIRATES USED TO HIJACK THIS UKRAINIAN CARGO SHIP. JESSICA: OFFICIALS SAID A SPOKESMAN FOR THE PIRATES TOLD THEM THAT HIS GROUP IS DEMANDING THE RANSOM MONEY IN EXCHANGE FOR THE RELEASE OF THE CARGO SHIP LOADED WITH RUSSIAN TANKS AND OTHER WEAPONS, AND ABOUT 20 CREW MEMBERS. JESSICA: PIRATES SEIZED THE SHIP OFF THE COAST OF SOMALIA ON THURSDAY AS IT HEADED TO KENYA IN THE WATERS OFF THE AFRICAN CONTINENT. THERE ARE CONCERNS THAT THE MILITARY EQUIPMENT ON BOARD COULD FALL INTO THE HANDS OF ISLAMIC REBELS IN SOMALIA. JESSICA: U.S. NAVY SHIPS ARE STAYING CLOSE BY TO MONITOR THE SITUATION UNTIL A RUSSIAN VESSEL ARRIVES. ALRIGHT, THAT DOES IT FOR OUR HEADLINES, WE’LL HAVE MORE AFTER THE BREAK. COMMERCIAL JESSICA: IT'S BEEN ABOUT A MONTH SINCE HURRICANE GUSTAV BARRELED DOWN THE GULF COAST, AND EVEN THOUGH HURRICANE IKE HIT MORE THAN TWO WEEKS AGO. JESSICA: THE EFFECTS ARE STILL BEING FELT TODAY. JUSTIN FINCH TELLS US WHY LIFE IN THE SOUTHEAST HASN'T RETURNED BACK TO NORMAL. JUSTIN: IMAGINE WAITING FOR HOURS (SOT: ) “They said they didn’t have any gas, so I had to leave my car here!” JUSTIN: ONLY TO FIND THE PUMPS ARE DRY. (SOT: ) “Ten service stations and there's no gas!” JUSTIN: IN SOME SOUTHEASTERN CITIES, THE LACK OF GAS IS FUELING AN EMERGENCY, SERIOUSLY. JUSTIN: ATLANTA'S 911 CALL CENTER IS DROWNING IN COMPLAINTS FROM FRUSTRATED DRIVERS WHO CAN'T FIND GAS. JUSTIN: SOME DRIVERS, LIKE THEO MAZZA ARE NOW GAS HUNTING ON FOOT BECAUSE HIS CAR IS ON E. (SOT: ) “It makes me want to cry.” JUSTIN: EVEN GAS SUPPLIER TEX PITFIELD SAYS HE'S IN A BIND. (SOT: ) “I know where we fair just because I like everybody else am having to look for gas and fuel my own vehicle, my employees vehicles and just driving down here today the lineups are excessive.” JUSTIN: JUST NORTH OF ATLANTA (SOT: ) “Rode on fumes and just prayed!” JUSTIN: NOW, ONLY ABOUT ONE AND SIX CHARLOTTE, NORTH CAROLINA GAS STATIONS ARE OPEN. WHERE DRIVERS HAVE BEEN SLEEPING IN THEIR CARS WAITING FOR GAS TANKERS SOME OF WHICH ARE BEING GUARDED BY POLICE. A BIG SHIPMENT CAME IN FRIDAY, BUT TRIPLE A SAYS DRIVERS QUICKLY GUZZLED THAT UP. (SOT: ) “Can't get it into the ground fast enough!” JUSTIN: BUT EVEN BEFORE THE SUMMER STORMS, EXPERTS SAY HIGH GAS PRICES CAUSED AMERICANS TO CUT BACK ON DRIVING CAUSING REFINERIES TO SCALE BACK PRODUCTION TO BOOST PROFITS. THEY DID COME UP WITH A BACK UP SUPPLY, BUT IT WASN'T ENOUGH. (SOT: ) “Gustav and Ike with the gasoline cupboard about as bear as I've seen it in several years and I don't see us really emerging out of this for several weeks.” (SOT: ) “Now is not the time to panic!” JUSTIN: LAWMAKERS ARE ASKING DRIVERS TO BE PATIENT. (SOT: ) “I'm stranded, I'm just waiting on the tanker.” JUSTIN: BUT, IT SEEMS LIKE THAT'S RUNNING DRY TOO. JUSTIN FINCH, CHANNEL ONE NEWS. JESSICA: WE JUST TOLD YOU HOW THIS REGION IS DEALING WITH THE GAS SHORTAGE AFTER THE HURRICANES. WELL NOW WE HAVE A REPORT FROM STUDENTS WHO LIVED THROUGH IT, AND JUST WENT BACK TO SCHOOL YESTERDAY. JESSICA: IT'S PART OF OUR YOU TELL IT SEGMENT WHERE STUDENT JOURNALISTS FROM ACROSS THE COUNTRY CAN SUBMIT REPORTS ABOUT WHAT'S IMPORTANT TO THEM. JESSICA: THIS ONE COMES FROM SHEKEYLA CALDWELL IN HOUSTON TEXAS. (SOT: Shekeyla Caldwell) “When we last saw Yancy Moreno she was describing the destruction left behind by Hurricane Ike. The storm tore through the Houston and Galveston area destroying homes and leaving millions without power. That was two weeks ago.” (SOT: Shekeyla Caldwell) “Students from the Houston area that were affected by Ike are finally getting back into doing normal school activities.” (SOT: Shekeyla Caldwell) “Classes don’t start till Monday, but the football players, band, cheerleaders, dance team, and the rest of the students got together for the first time in weeks to try to resume a normal school year.” (SOT: Shekeyla Caldwell) “Yancy was one of the students who was back on the field where she works as a sports reporter.” (SOT: Yancy Moreno) “It was so boring, I was like I wanna go back to school. At the beginning I was like, I hope we don't go to school for a week and everything, but now I'm like I wanna go back. I'm excited I'm ready to learn. All this heat and everything is really bad, everybody wanted to go back to school actually.” (SOT: Shekeyla Caldwell) “There's still plenty of challenges for everyone in the region. Several schools suffered damage, and some people remain without power and without homes.” (SOT: Shekeyla Caldwell) “Coach Chris Swinnen was glad to focus on football if only for a few hours. He's been without a home since Ike flooded the inside with six feet of water.” (SOT: Swinnen) “I guess a tornado came over and took off part of the roof. We're alive and that's all that matters.” (SOT: Shekeyla Caldwell) “For Coach Swinnen, Yancy and the students at Dobie, the football game was a welcome relief as they got to set aside their problems and simply enjoy the excitement that comes with a big win against an arch rival.” (SOT: Shekeyla Caldwell) “Reporting from Houston, Texas at J Frank Dobie High School, I'm Shekeyla Caldwell.” JESSICA: SO HANNAH, A LOT OF THE STUDENTS FROM DOBIE HIGH HAVE BEEN CONTRIBUTING TO CHANNEL ONE LATELY. HANNAH: YEAH, THEY’VE BEEN SUBMITTING THEIR VIDEOS THROUGH OUR NEW FEATURE WE JUST LAUNCHED ONLINE CALLED YOU TELL IT. AND YOU TELL IT IS ALL ABOUT TELLING THE STORIES THAT ARE IMPORTANT TO YOU. HANNAH: GO TO YOUTELLIT.COM AND CREATE A PROFILE AND START WATCHING VIDEOS AND MAKING VIDEOS AND SHARING THEM WITH YOUR FRIENDS. AND WE COULD SHARE ONE OF YOUR STORIES ON CHANNEL ONE NEWS! COMMERCIAL JESSICA: OKAY GUYS, TODAY WE’RE PUTTING MICHAEL AND KAT TO THE TEST IN TODAY’S POP QUIZ. (SOT: Michael Cera) “So this is the question in the sealed envelope and then the answer is in that sealed envelope. And they’re both sealed, and so I’m going to open this one and read the question, right now.” (SOT: Michael Cera) “So, in "Nick and Norah's Infinite Playlist," we spend the night hanging out in the New York City music scene. True, it’s a true or false question. The answer is true. So, the next question is New York City is the birthplace of which music genre? Is it?” A. JAZZ B. BLUES C. ROCK AND ROLL D. HIP HOP (SOT: Kat Dennings) “Alright, if you guessed D- Hip Hop, yup, you're right. And Justin Finch has a quick breakdown of Hip Hop history.” (SOT: Michael Cera) “Take it Justin!” JUSTIN: HIP HOP IS NOW ALL OVER THE WORLD AND ALL OVER THE CHARTS. BUT IT’S BELIEVED TO HAVE ORIGINATED MORE THAN THREE DECADES AGO RIGHT HERE IN NEW YORK CITY, IN AN AREA CALLED THE BRONX. JUSTIN: A JAMAICAN DJ NAMED KOOL HERC BROUGHT HIS STYLE OF RHYMING OVER INSTRUMENTALS TO NEIGHBORHOOD BLOCK PARTIES. WHERE OTHER HIP HOP PIONEERS LIKE GRANDMASTER FLASH AND AFRIKA BAMBAATAA TOOK NOTICE. JUSTIN: BEFORE LONG, MC'S BEGAN TO REPLACE DJ'S AND BY THE LATE SEVENTIES, HIP HOP HIT THE MAINSTREAM. WITH THE SUGARHILL GANG'S "RAPPER'S DELIGHT" CLIMBING TO NUMBER 36 ON THE BILLBOARD CHARTS. IT'S A PLACE WHERE HIP HOP HAS HAD A SPOT EVER SINCE. (SOT: ) “Thank you! Goodbye! We’ve had a lot of fun.” JESSICA: THANKS TO MICHAEL AND KAT FOR HELPING OUT TODAY. THAT DOES IT FOR CHANNEL ONE NEWS, WE'LL SEE YOU TOMORROW.