outfront tonight, the plunge. the dow slid 251 point, today. there s only one other day this year that it has been worse. people are afraid. they re afraid of the blood gushing out of europe s veins. they re afraid of the blood draining out of jobs here in the united states. ultimately, they re most afraid that congress is too cold-blooded to do anything about it. to make a deal that could instill confidence again in the greatest economy on earth. yes, that is, still, by leap, bounds, everything, everybody, the united states of america. instead, by the end of the day, the credit rating agency moody s downgraded america s five biggest banks. specifically blaming fear about stability in the global financial system. that means it s going to cost those banks more to operate. that means they have less money to lend to all the borrowers in this country. about the only person feeling good today, billionaire larry ellison. it s good when you got $36 billion and buying an entire isl
this all adds up to the most detailed account yet of zimmerman s side of the story. when i got to right about here, he yelled from behind me, to the side of me. he said, yo, you got a problem? i said, hey, man, i don t have a problem. and he says, now you have a problem, and he punched me in the nose. at that point, i fell down. he ended up on top of me, and he just kept punching my face and my head. and i was screaming for help. he put his hand on his nose on my nose, and the other hand on my howamouth, and he said s the [ bleep ] up. i didn t know what he was hitting it felt like he was hitting me with bricks. it felt like my head was going to explode. he said, you re going to die tonight, mother [ bleep ]. he says, you re going to die tonight. you re going to die tonight, mother [ bleep ]. i felt his hand going down my side. and i grabbed my firearm. i grabbed it, i just grabbed my firearm, and i shot him. i just shot him, and then he falls off, and he s
we want more ben and we want him now. but tonight, the truth. there s not enough ben for america. more ben is bad. i m talking, of course, about this ben, fed chair ben bernanke. today he announced he ll continue so-called operation twist. the goal is to bring down interest rates. theoretically that would spark borrowing, spending and hiring. it would be a panacea to fix the whole problem. but even ben admits his supply of money is drying up. monetary policy is not a panacea, it s not going to solve our economic problems. the fed fed s drugs didn t come cheap either. there have been three rounds of fed stimulus with a total price tag of $2.7 trillion. and that doesn t include the $267 billion extension to operation twist that was announced today. so the question is, were the highs we got worth the price of $2.7 trillion? check this out. when the financial crisis hit, the fed stepped in with an unprecedented plan to lower interest rates. it was called q.e. 1 or quantitativ
up first tonight, presidential politics. a major shift in tone. not much new on policy front. mitt romney makes a direct appeal for latino votes. speaking to a national conv convention down in florida one day before the same group hears from president obama governor romney began by asking hispanic voters to remember promises the incumbent failed to keep on immigration and other issues. that you don t really have an alternative. i believe he s taking your vote for granted. i ve come here today with a very simple message. you do have an alternative. your vote should be respected, and your voice is more important now than ever before. making his case, governor romney focused primarily on economics. is the america of 11% hispanic unemployment the america of our dreams? we can do better. but he also offered a broad outline of his immigration policies. governor romney, for example, pledged a permanent status for young illegal immigrants brought across the border by their pa
start. nice to have you with us. i m ashleigh banfield and i m zoraida sambolin. it s 5:00 a.m. here in the east. let s get started. attorney eric holder to be held in contempt in congress. yesterday the members of the government oversight and reform committee voted along party lines to recommend citing him for contempt for failing to turn over subpoenaed documents from the botched fast and furious gun operation, documents that are now off limits to republicans, and everyone else, because the president has invoked executive privilege to keep all of those documents now under wraps. joe johns is live from washington, d.c., this morning. joe, this is the first time that president obama has used the executive privilege. i think it was president clinton that maybe used it 14 times. how rare is this, and what is going to happen next to the attorney general? reporter: it is rare, but on the other hand, presidents do it, and most presidents do it at least once or twice during