newt gingrich back in iowa today to bolster his immigration stance with some conservative voters. he ll sign a pledge to secure the border fence during one of three events in the hawkeye state. nbc is in iowa. al alex mo is with us. you have been covering gingrich every time he gets to iowa. he always does draw a pretty big crowd. walk me through the events and places he s going. that s right. you know, last night he had an event in the western part of the state, had more than 100 people there, one of his biggier crowds in iowa. three events today, notably the one you mentioned. he ll be signing the pledge that michele bachmann signed a few weeks ago. and later on tonight, he s going to be speaking at the polk county gop dinner, one of the big counties in iowa, usually has a lot of the numbers that come out for the caucus, and he ll be the only dand cat speaking there. so really gives him an opportunity to make his pitch to the people in the des moines area.
business d t know what businesses are going to look like in six months. they need to stop being so critical of wall street as well. wall street and main street are the same. when wall street does well the problem in this country is there isn t demand. and i do harold s right. i do want the president to be bold. and i think i ve been watching cnbc more than i ever have before and enjoying it. i see one ceo after another come on there and say, well, it s not the thing to do when we may be heading into a second recession. we need government to step in. the governments around the world in march of 2009 got together and organized an international stimulus plan which kept us from falling into a depression. the president s got to go out there with support from the business folks i see all the time on cnbc. it s not about regulation. it s about demand. it is a dand story. there s also a regulatory environment which people still do not know and understand how it is going to look in
wall street and main street are the same. when wall street does well the problem in this country is there isn t demand. and i do harold s right. i do want the president to be bold. and i think i ve been watching cnbc more than i ever have before and enjoying it. i see one ceo after another come on there and say, well, it s not the thing to do when we may be heading into a second recession. we need government to step in. the governments around the world in march of 2009 got together and organized an international stimulus plan which kept us from falling into a depression. the president s got to go out there with support from the business folks i see all the time on cnbc. it s not about regulation. it s about demand. it is a dand story. there s also a regulatory environment which people still do not know and understand how it is going to look in six months. you said basically you re hoping the president goes big or goes home with this jobs plan. so far there s no indication
that s the college humor with a lighter take on the recent market mayhem. got to love that baby. in all seriousness, how bad is it? worse than the 2008 crash? our specialist is here with the answer. let s bring in dan gross, columnist and economic eder for yahoo! finance. dand, thank you for coming in. good to be here, matt. obviously a lot of anxiety out there in the markets. some people probably feeling a little better today because we ended up over 400 points. historic gyrations, is this going to about repeat of 2008 and why or why not? i think it s natural people make reference to that because it s kind of resembling 2008. only a few years ago the entire market system melted down, but i think there are important differences. main thing is, 2008 was a private sector debacle. lehman brothers, $650 billion in debt and essentially no equity out in there. aig, fannie and freddie. nothing that could be done to
one website we should tell you about, it s now trying to helping keep the economy to keep shoppers to those that are selling at home. here is more on that story. reporter: that is right. basically the website is out to make it easier for shoppers to buy products made in the u.s.a. because it isn t easy to know. digusout.com 75% of their merchandise is made in this countries. consumers can order online or at least learn the name of brand goods sold at their local stores beverages and beauty products. the idea of this being, increased dand for american made goods will create more jobs and small and family businesses and make the economic recovery a boost. gregg: all right. claudia, live in los angeles, thanks very much. when it comes to buying american