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very fast moving developments. first, the u.s. fighter jets striking an iranian weapons storage facility in syria again. the growing call to respond harder to 46 iranian sponsored attacks on u.s. soldiers. this time to expand the counter attacks, not to proxies of iran outside iran but iran inside and inside iran. we have knox team coverage on the growing iranian threat. jacqui heinrich on the u.s. ramping up their response to that threat and former defense secretary mark esper on if enough is being done to counter that threat. then joe manchin calls it quits. he s hinting he could be setting his sights on something a little higher. busy day, busy show and it all starts now. all right. welcome. i m neil cavuto. glad to have you. let s go to jennifer griffin at the pentagon on this precision air strike and what it might mean as to what comes next. jennifer? neil, a pair of american f-15s struck an iranian weapons storage facility. this is following 46 attacks on u.s. b ....
another recession. and adds new urgency to the political debate here in washington over new jobs initiatives. the dow jones industrial average was down just short of 420 points or 3.7%. the nasdaq down 5.2%. the s & p 500 down 4.5%. it is what drove the markets down that is again stoking recession fears. overseas more jitters as europe struggles to contain its debt crisis. here at home, data some see as evidence of a new downturn. weekly unemployment claims rose much more than expected. sales of existing homes dropped by 3.5% in july. analysts had been expecting a modest increase. the key manufacturing index was way down. and inflation on consumer goods was up. add in collapsening consumer confident and you get sober advice like this. 2012 could be a very difficult year. i m on the camp that we have more chance of being in recession than avoiding it. so they should be conservative right now. their confidence should be down. because there s every reason out there that ....