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points. that continues to fluctuate. coming up in a couple of minutes. i ll speak live with the man who ran the government s bank bailout a couple of years ago. by the way, he agrees with the downgrading of the u.s. credit rating. don t miss that conversation with him here. i do want to begin with this. the commander in chief of the u.s. armed forces is at dover air force base in delaware right now. president obama is attending the dignified transfer, right there, that s what the military calls the movement of war fatalities from the place they died back to american soil. those who arrive today are the 30 u.s. and eight afghan troops who died early saturday in the worst single-day loss for american forces in ten years of fighting in afghanistan. i want to talk about what is happening there today at dover air force base. what we re seeing and also what we re not seeing. barbara starr is live at the pentagon for us. barbara, i know it is a very solemn day for the president, f
a meaningful handle on the deficits and the debt. now comes of course the federal reserve. we have ben bernanke here, which has used every tool in its box to keep credit flowing and interest rates low in the wake of the great recession. at 2:15 eastern, a little over an hour from now, the fed will tell us what if anything it plans to do in the wake of the downgrade, the debt snafu, the european debt snafu and the global stock freak-outs. in the meantime, i want to bring in richard quest, just outside the new york stock exchange, and christine romans in our new york studios. i would like to start with you. we just mentioned that the fed is going to speak here or at least issue a statement at about 2:15 today. what if anything can the fed do to help the situation that we re in right now? that s what we all want to know. the fed has kept interest rates at basically 0% since december 2008. the fed twice has embarked on big huge stimulus measures, buying back bonds, buying asset