their worst days in months, even for those who never look at markets if you had a 401(k) you were certainly asking what in the world is going on. it all started in china where a massive real estate developer a chinese conglomerate is at risk of defaulting on $300 billion worth of loans. when you add that to what s going on in washington, pure gridlock, the fed eyeing a possible interest rate hike, the delta variant spreading and the u.s. government at risk of a government shutdown as well as little progress on the debt ceiling and of course infrastructure, and then throw in the annual september slump, all of this made for a terrible day for investors. is it going to be a terrible day or is it a sign of something worse to come? i want to dig deeper and bring in dom chu. let s start with china. lots of people out there are saying ever brand i have never heard of this company but it matters because if a company of that size is on such shaky waters, this could be saying that the global eco
we always knew that. back in 2008, when we talked about change i told you, i wasn t just talking about changing presidents. i wasn t just talking about changing parties. i was talking about changing our politics. i ran because the voices of the american people, your voice, had been shut out of our democracy for way too long. by lobbyists and special interests and politicians who believe that compromise is somehow a dirty word. by folks who would say anything to win office and do anything to stay there. the protectors of the status quo are a powerful force in washington. and over the last four years, every time we ve tried to make change, they ve fought back with everything they ve got. they spent millions to stop us from reforming health care and wall street and student loans. and their strategy from the start was to engineer pure gridlock in congress. refusing to compromise on ideas
the election. we re expecting air force one to touch down in las vegas in just a few moments, and earlier today in wisconsin the president regathered his campaign fight making his closing argument in this election and urging voters to say no to the purveyors of cynicism. they spent millions to stop us from reforming health care and wall street and student loans, and their strategy from the start was to engineer pure gridlock in congress. their bet is on cynicism. but wisconsin, my bet is on you. of course, wisconsin is a key part of the president s so-called midwest firewall, including iowa and ohio. states leaning in his favor that would hand him the election. even with romney sweeping the rest. our newest poll shows the president s lead holding but narrowing. in wisconsin romney has cut his opponent s lead from six points to three.