teeth. gregg: that's really dumb. don't do that. martha: thank you for being here, everybody. "happening now" starts right now. have a good day. jenna: we start with this fox news alert out of libya, brand new developments, on the one hand, you have reports, reports that the rebels inside libya have this man, qaddafi, surrounded in the residential compound. those reports are unsubstantiated at this time and we have this just coming to us from the associated press, the spokesman for moammar qaddafi, telling the a.p. that qaddafi is safe, healthy, his morale is high, he is indeed leading the battle for our freedom, and independence every day. so one consistencey in the story seems to be the inconsistencies of reports coming out from inside libya. we have a live report from our very own steve harrigan, straight ahead. >>> first a fox news weather alert and brand new information coming in on the track of hurricane irene. it's one of our big stories this week. we're so glad you're with us, i'm jenna lee. rick: i'm rick folbaum in for jon: jon scott and irene isa category three, gr

with you. gregg: warren buffet, the legendary head of berkshire hathaway will invest $5 billion in the struggling bank of america and the shares of b of a are spiking on that. of course, they've lost a lot of their value as they struggled for the acquisition of essentially a black hole, countrywide mortgage company. so we'll have more on that in a moment. >>> in the meantime, the courts, about to rule on what could be the toughest immigration law in the united states. we'll have a fair and balanced debate straight ahead as we wait for a federal judge to decide its fate. martha: we've got a lot of breaking news that is brewing. some things that we're seeing crossing that we're working on that we want to bring to you when we can get those reports verified, but potential big news coming out of tripoli, so stay tuned for that. this is a look at the celebrations that have been there all across the week as the big question remains, where is qaddafi. and we're going to have more to report, coming up right after this. >> the message expressed, guns, cars, anything at hand, it's clear, we've wo

medicare supplement plans, me . call this toll-free number now. >>> judd gregg is the man who turned down a job as obama's secretary of commerce. a man who says thanks, but no thanks, to the president of the united states is clearly not a man who's afraid to speak his mind. and judd gregg nouns me now. let me ask you about your reaction first to what's happening in libya? >> the people of libya deserve a free government and hopefully that he can proceed on to an orderly path of democracy. it's just a positive thing to have occur for the world. >> obviously there are several schools of thought here about a post-gadhafi libya. one is that these kinds of dictators keep a lid on what's trouble in their countries as well as causing it, of course, and there is a danger without them controlling the worst elements of society in this country, things could suddenly explode. are you concerned about that? >> i think we have to be in any arab country. obviously the most cohesive groups in some of these nations, are the most radical groups. you see that with the muslim brotherhood in egypt. and you hav