outfront tonight, u.s. markets fall big time. it was a miserable day on wall street. the dow down 389 points. nasdaq and s&p 500 fell by more than 3%. the markets fear gauge sparked it. peter costas, a trader nearly 30 years, what happened today? well, there s a lot of uncertainty in europe. i think when the italian treasuries went over 7%, that scared a lot of people. if you re going to look at it, i am not negative on the market, today was a good day to buy, we will probably have a couple move intermittent dips. people are afraid with italy going through the debt crisis greece went through, people are afraid this will cause another recession in europe. that s the major thing. one-third exports go to europe. if there s a recession, it could impact the u.s. economy more than we have been impacted by what s gone on the last three years. bottom line, even though it is volatile and fear from europe, you think it is a buying opportunity? i think it is a buying opportunit
and listening to both sides really lays out for you what each kid has done or hasn t done and the good and the bad points. i mean, at that point you re in court, and it s the end of the road here. now it s put up or shut up. you might as well just do it now and tell the truth. did you have any problems with him? no. other than he gave me the wrong name. and you re not going to charge him with false you ve done that before, morris. you ve already had charges of lying to police officers. it s better to be honest. so he was in somebody s apartment or just on the vicinity of the apartment? he and several of his friends were out smoking marijuana on the front porch of the cloisters apartment complex. okay. are you high right now? were you smoking marijuana today? no. he tells me he wasn t smoking. there was about seven of them. i m just going to have the nurse look at him real quick to determine that he s not under the influence. they found him today because
as a significant provocateur, challenging people not only within our city but around the nation. let s put up or shut up. put your resources in, your effort in, put your brain power in and let s solve this problem in america before it comes back to haunt our children and grandchildren. after you ve taken some of that money and bought some snowplows and shovels, what s it going to go toward? what would assuage people s concerns that it s not just money on top of money that s not working. what are you going to use it for? it should not go into the general operating budget and fill a hole and then not be sustainable. we re looking for investments that can leverage significant change. and so there s a lot of innovation that has been proven in america. things we believe in. and that s what we re looking at right now. but the first step, which we re just finishing is, let s listen to experts on best practices. let s listen to our own community about what needs to be done. and we re doing
emanual who made 18 million dollars for two and a half years at a hedge fund between working for clinton and running for congress. really, what did he do to earn $18 million? you have chris dodd who said he won t run again who was getting sweetheart deals from country wide, who got a deal on an irish home. how about how about emanual? let me try to explain why there s a method to charlie wrangle s seeming madness. he is going to have potentially public trial if there isn t a plea bargain. if there s a trial, it would be after a september 14th primary that he s favored to win in new york, so wrangle has some leverage here, and he s saying basically put up or shut up, and if they do put up, and there are charges, the democrats, not wrangle, could be the victims, so he s doing this to sort of try to get a plea bargain sooner
all of the above. president obama s comments, sanjay, do reveal a subplot that s been stirring behind the scenes for some time. a difference of opinion on whether or not this is really a good idea politically to push this right now. many of the white house don t really want this politically divisive issue right now. one said, president obama is not on the ballot. those are well aware hispanic voters are furious at democrats for not pushing immigration reform, especially harry reid who s up for a battle if hispanic-rich nevada. democrats say if they are at least trying to tell republicans to put up or shut up, that will give them votes. not to sound too cynical, is this as simple as you and i, the majority leader in the middle of a tough fight who needs hispanic votes, sna what this is all about? i think that s part of it. whether the white house agrees with with you or not. harry reid has made the