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Detailed text transcripts for TV channel - MSNBC - 20110805:09:14:00

Years after their bomber crash-landed in the pacific. the remains were located in 2003 in new guinea. nasa scientists say they ve found evidence of flowing water on mars which could point to signs of life on the red planet. images taken from the mars reconnaissance orbiter show dark, fingerlike features that appear to extend down the slope of a crater. very cool. now here s your first look at how wall street will limp into the day. the dow opens at 11,383 after sinking 512 points yesterday. the s&p fell a whopping 60 points. the nasdaq plunged 136 points. taking a look at overseas trading in tokyo, the nikkei skid 359 points. in hong kong the hang seng tumbleded 938 points. as we reported earlier, gripped by fears of a new recession, thursday the dow jones fell more than 500 points ....

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Detailed text transcripts for TV channel - MSNBC - 20110805:09:52:00

It s been a long four years for americans since the economy began to turn south in 2007. if you want to sound smart today, tell your friends that the dow industrial average closed yesterday 11,383, that s nearly 20% lower than at the dow s highest point in october of 2007 when it was at 14,164. two months later in december, the u.s. entered a recession. now for the real news, let s huddle up around the water cooler for a break from the bleak economic news. we turn instead to bleak news about the cultural future of the country. that is the stunning number of americans who tune in to watch the jersey shore. you can bet they were doing it in droves last night for the season premiere as snooki, the situation and company began their assault on italy. yes, they ve left their natural habitat of new jersey and traveled overseas to italy. ....

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CNNW CNN Newsroom August 4, 2011



talking about cuts and specifically what s handed to em because of the debt ceiling deal reached earlier this week. initially they know they have to cut 350 million which more or less they are okay with and won t necessarily sacrifice our national security, but where the big question mark comes is if that committee can not decide on how they will make those additional cuts to equal around or about $1.2 trillion, they will have to cut hundreds of billions, 500 billion, 600 billion, 700 billion just to defense, and to quote, i want to get this precise for you, the defense secretary said those cuts will be completely unacceptable. we re all over this story with our pentagon correspondent barbara starr and let s begin this hour staying with the money theme, i suppose. we re watching this very closely. has not been a day for investors with weak stomachs. stock markets all over the world have been racking up some huge, huge losses, and u.s. markets have lost their gains for t ....

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