the sickening scene of violence and looting. and one party is paying a bigger price over the showdown over the regular debt. stand by on whether members deserve to even be re-elected. i m wolf blitzer, you re in the situation room. wall street following big gains after some of its biggest losses of the year. the s&p and nasdaq also rebounded. the dow on a roller coaster all day after the federal reserve s afternoon announcement about interest rates and future economic conditions. lit s bring in poppy harlow. it was wild. swings of 600 points. some of them hundreds of points within a minute. the dow industrials in the last hour of trading, ridesing more than 300 points. this is a very good sign. it is the exact opposite of the selloff we saw on monday. it s encouraging that we re seeing investors coming in at the end of the trading day, buying up stocks in droves, saying i m willing to hold these stocks overnight. that is a very good sign. and just to give you some indic
countries, it plays a very important role. no matter what we say we have to take that into account. if we treat these people with respect, if we say we really support your movements then we will have a less rigid fundmentalist religion coming and otherwise we ll see what happens in iran or what s right now happening in iraq, which was supposedly a very secular country but yet there s a shiite revolution coming there. egypt particularly is a very secular country, and beyond just being secular or religious, the cradle of civilization resides in egypt, this is not just another random mideastern country, this is the origin of math, language, medical instrumentation, this is the foundation of western civilization and this is a society with an incredibly power educational system and an educated population with a tremendous amount of ego vested
the govern. we are joined by bret stevens and editorial member matt kamensky. mubarak has supported the american deal israel. how much serious is he in? he s in serious trouble and 80 years old and most egyptians know no one but mubarak. it is a unhappy place. tunisia showed the entire arack world that the at that timus quo doesn t need to act but it is possible to do something. the muslim brotherhood which is the fundmentalist group had nothing to do with it and now they are getting in? who are the demonstrators. there is an activist community in egypt people who keep blogs and civil society .
the govern. we are joined by bret stevens and editorial member matt kamensky. mubarak has supported the american deal israel. how much serious is he in? he s in serious trouble and 80 years old and most egyptians know no one but mubarak. it is a unhappy place. tunisia showed the entire arack world that the at that timus quo doesn t need to act but it is possible to do something. the muslim brotherhood which is the fundmentalist group had nothing to do with it and now they are getting in? who are the demonstrators. there is an activist community in egypt people who keep blogs and civil society .