he even got caught on what i would enginously call a nonfact, how about a fib. once again, the republican audience became the story itself, this time booing, you re not going to believe this, maybe you will, booing a u.s. serviceman for being gay. that s it, they booed him out loud for being gay. and this has become a huge negative for the gop, cheering the death penalty, for example. yelling, let em die to someone who didn t have health insurance. and it doesn t help that the candidates never take a stand against this ugliness. they never say, excuse me, moment of personal privilege, i m not one of them. plus, worst suspicions confirmed department, the chairman of the joint chiefs of staff, mike mullen, accuses the pakistani government of directly supporting attacks on the united states in afghanistan by aiding pakistani militants. is the u.s., our country, prepared to go into pakistan and take the militants out? also, as expected, the palestinian authority has officially
and abc s weekend anchor of world news, abc s david muir is at the new york stock exchange to guide us through it tonight. david? reporter: diane, good evening from wall street. as you know, confidence was already shaky down here. then came that word from the fed, essentially an acknowledgement of the elephant in the living room, that we could very well face a second recession. and today here on the floor, it was very clear that not only wall street, but the world, was listening. tonight the stock market, the dow, sits at its lowest level in a year. meaning the gains you ve seen in your ira, 401(k), the children s college fund, all gone, as though this last year never happened. so much of it, a reaction to the fed saying the economy is now on the edge of another recession. and the fed s answer? to give people some sort of belief by sending interest rates for mortgages, credit cards, car loans even lower. the problem is, the world no longer thinks that that s enough. wha
and, of course, we re going to start with the republican debate. if rick perry s goal last night was to calm the nerves of republicans who wonder whether he is ready for prime time, he failed. perry and eight other republicans slugged it out a bit last night on stage in orlando. and the texas governor didn t have the best night with a string of unforced errors and a low energy second hour. he started on defense on social security, pushing back on mitt romney s claim that he would end the program as a federal entitlement and let the states run it. the bottom line is, we never said we were going to move this back to the states. well, it s different than what the governor put in his book. just, what, six months ago. there is a rick perry out there that sang and almost to quote, it says that the federal government shouldn t be in the pension business. that it s unconstitutional. unconstitutional, and it should be returned to the states. so you better find that rick perry and
they re going to say to harry reid take it or leave it on this bill. the deadline is on friday. they need to get it done quickly on top of travel and all of that, monday night fema funding will run out most likely or at least it will happen tuesday morning. it will happen early next week. so in order for folks who are affected by hurricane irene, terrible flooding in the northeast, to get their money this bill has to be passed by then. republicans are holding out hope they will get their version of a bill passed that has an offset for this fema disaster relief funds by jamming harry reid. the big problems that democrats have with this bill is in order to pay for it, republicans cut a program that s very near and dear to the hearts of democrats which the president was behind which is a clean green cars jobs initiative fund that they say is worth thousands and thousands of jobs. so this is going to go down to the wire. it s unclear whether or not the house will be dismissed lat
america has gone to bed and not witnessing the bickering and rancor evidenced in this chamber. i m sure all your tea party friends are going to be very enthusiastic that for 4/10 of a percent, you perhaps changed your vote. luke russert joins us live from capitol hill. what are the sticking points on the house bill for the democrats who control the senate? reporter: all right, here. take the people through this process, tom. essentially, the government runs out of money september 30th. congress needs to appropriate money to get congress from september 30th to november 18th. in order to do that, they re not fighting about how much money the government s going to spend, like there is in the past. they re fighting now specifically about disaster relief, and how much will go into funds to replenish accounts that fema so desperately needs. fema runs out of money monday evening, is expected to. in order to have the funds put in fema s k9, republicans want an yuf set. take off