one of his republican challengers to unseat him. mitt romney and rick perry seem to be holding their place as front runners, minnesota congresswoman michele bachmann has not given up the fight. she joins us tonight live with her take on the very latest from the president. congresswoman, welcome back. good to see you. thank you. good to see you, sean. you know, we have a crisis in confidence. you know what? everybody watching this program this friday night, you re soft. have you given up. you are too soft. 46.2 million americans in poverty, soft. 18 million americans unemployed. they are soft. under-employed, they re soft. nothing to do with obama. he s right. it s all our fault. right? well, he s the master of negativism. but i have a very positive story to tell. in order to get more competition back into our economy and to get a pro-growth economy, this is a simple question to solve. we have to repeal obamacare, a
while hiking. texas governor rick perry failed to live up to his front-runner s status this weekend. mitt romney won michigan straw poll by a 3-1 margin over perry. now, romney s father served as michigan governor in the 60s making the son somewhat of a home state favorite. in florida, herman cain took top billing. he drew twice as many votes as perry, with romney in third place. cain says he won because voters are beginning to notice his 999 tax plan. here s how he explains it. my plan is bold because it throws out the tax code and imposes a business flat tax of 9%, personal flat tax of 9%, national sales tax of 9%. it replaces all of the taxes that people are now having to grapple with and it provides search engine to the business community which is what they re looking for in order to grow this economy. governor perry jumped into the race for the gop nomination. that was just six weeks ago. instantly topped the polls but critics say that perry s debate performances
sean: we continue with my exclusive interview with rick perry. governor, let me ask you this. we have the worst housing market since the great depression. the longest period of sustained unemployment since the great depression. 46.2 million americans now living in poverty. nearly one in four children living in poverty. what has ultimately, if you win this nomination you are going to be running against president obama. make your case to the american people, what would you have done differently? what did he do wrong? and how do you get us out of this? well, the biggest issue that is going on is we are spending money we don t have on programs we don t want. obamacare is a great example. forcing a program that the american people don t want.
sean: we continue with my exclusive interview with rick perry. governor, let me ask you this. we have the worst housing market since the great depression. the longest period of sustained unemployment since the great depression. 46.2 million americans now living in poverty. nearly one in four children living in poverty. what has ultimately, if you win this nomination you are going to be running against president obama. make your case to the american people, what would you have done differently? what did he do wrong? and how do you get us out of this? well, the biggest issue that is going on is we are spending money we don t have on programs we don t want. obamacare is a great example. forcing a program that the american people don t want.
economic forecast. let s get to alison kosik. she s monitoring everything today where at one point today, the dow tanked morning 500 points. what s going on? that s right. these worries about a recession were ampfullied today. not just in the u.s., but overseas as well. the federal reserve spooked everybody first. this was yesterday. the fed giving a really bleak assessment of the u.s. economy warning of significant downside risks to the economic outlook. translation there that the economy will get significantly weaker. then overnight, we got weak manufacturing reports out of europe, the u.k, even china, which had been an engine of growth out of the great recession. you have to remember, wolf, we re all interconnected. only been one economist to tell us europe is probably in a recession and the u.s. is teetering on the brink of one. wolf? so, basically, it doesn t look very promising right now. what are they brace you for tomorrow? tomorrow, we re trying to see if we re