future. another element is that these clashes began yesterday when the police were trying to clear a fairly small number of people out of tahrir square. they used fairly excessive force yesterday. one man was killed in cairo. more than a thousand wounded. and this is really sparked more outrage because, of course, egyptians overthrew hosni mubarak s regime because they felt the police had too much power, was too brutal, arbitrarily tortured and detained people and so this is really a reaction to that. they don t want to see the same sort of regime coming back and staying yet again. other stories we re following this hour, this is the man poised to be spain s next prime minister, mario rahoi leads the party. a short time ago, his socialist opponent conceded today s national election. spain is the third country this month to change governments largely because of europe s economic crisis. a massive crowd today in damascus, syria, thousands of people loyal to president bashir
the imf, alexus glick, experienced on wall street and covering and she is the ceo of the gen youth foundation, will cain is the cnn contributor, cloudy with a chance of rain has been your forecast. anything that s going to part the clouds? i don t think anything will part the clouds until europe clears up, which might be a while. we re probably in for stable, slow growth, but there s more risk to the downside than the upside. let s talk about europe. just this week it became more difficult and expensive for spain to wore ro money. we re looking at bond yields and this is telling us there s potentially a funding problem in europe. explain why that is so important? europe is a quarter of global economy. european banks are interlocked with our banks. so we want them to fix this, but i wonder, they might need a new constitution before this is over and do they have the political wherewithal to get a new constitution? you think we had political problems on debt in this coun
lisa, what happens now? right. a couple of things happen. first of all we ll get the official announcement as you re talking about, saying that may come tomorrow, discussions under way. as the super committee fails that would trigger across the board cuts of 8 to 9% to most every government agency and those would not go into effect another year. a lot of speculation to whether congress will pull that back. but let s get back to sort of where we are right at this moment. behind the scenes, we have many, several sources republican and democrats, telling us they re planning for the end. but what s interesting, it ted, i want listeners and viewers to pay close attention here, publicly members of the super committee aren t saying that yet. they still have a date day to work out a deal. sounds like they don t want to admit they basically have stopped talking. let s play some sound from the sunday talk shows and listen closely to kind of double messages here. first from a democrat
afghanistan. it s not surprising that people are trying to find an end in sight. and as he bubbles to the top of the 2012 pool, what makes newt tick? with gingrich campaign advisor bob walker and former gingrich staffer, political analyst rich galen. i m candy crowley, and this is state of the union. for more than two months, debt committee members have struggled with the complications of public policy and the reality of party politics. by way of good news, they re still talking to each other. we have 12 good people who have worked hard since this committee has been created to try to find sufficient common ground. i think all 12 members of this committee have really committed to doing that. we re working hard. still, it s hard to figure how they can in the hours left agree on a deal that has s lewded them for months. joining me now, crow chair of the super committee, senator patty murray from washington. thanks for being here at a tough time. there are multipl
he has since recovered. time for your money. less than one year until the presidential election, where is the u.s. economy headed? i m christine romans. less than half of americans believe things will be going well in this country one year from today. even that faint hope appears ton on decline. the number of americans thinking things will get better has been steady dropping. no surprise as unemployment remains high and housing prices are not recovery and there s fear of another global recession. alexus glick, experienced on wall street and covering and will cain is the cnn contributor, cloudy with a chance of rain has been your forecast. anything to part the clouds? i don t think anything will part the clouds until europe clears up, which might be a while. we re in for stable slow growth but there s more risk. it became more difficult and expensive for spain to bore rerow money. there s potentially a funding problem in europe. explain why that is so important? europe