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Transcripts For MSNBC MSNBC News Live 20110819

sliding, diving, plunging. if there s a verb for moving down quickly, the markets did it. recession, double dip, it is a reality. it s like an economic merry go round. europe gets bad news on its financial situation. american investors get scared and sell off. the americans spook asian investors and they unload stocks. europeans get the jitters on stocks and push their own markets lower. and today like a dog chasing its tail, wall street wakes up to bad news. still there are real worries. budgets stretched beyond limbs, economies stagnating, housing weak, manufacturing slowing and of course, jobs. just today bank of america, largest in the nation announced it s laying off 3500 workers with more cuts to come, potentially more than 10,000. comments from president obama the night before didn t help. suggesting that he didn t see recession around the corner. markets do. that s getting to be a common complaint aimed at president obama that he s not helping much. i don t

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Transcripts For MSNBCW 20110819

really seeing this. what s really unusual about it is we often see staff take shots at each other. karen did that at the dnc, i did that at the rnc. for a candidate to do that and attach his name to it is a change. communications have changed. and twitter too, that s your way to get your message out now. he s just taking on christine o donnell today. is this the wave of the future? are we going to see more politicians using social media to make a real impact? sure. in this instance this is a pretty classic tactic, if you re the guy who s behind, you can attack or find a way in to get some attention using one of the folks who are leading the pack, you ve got to go for it. this was a brilliant stroke and some message attached to it. it was pretty smart on a couple of fronts. i would be remiss if i didn t say one thing about allen west. we didn t talk too much about the comments the overlord comments that he made about the cbc. i have to tell you as an african-american i fou

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Detailed text transcripts for TV channel - MSNBC - 20110819:16:35:00

Detailed text transcripts for TV channel - MSNBC - 20110819:16:35:00
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