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If you think the u.s. has al qaeda on the run, think again. a disturbing new video posted to a jihadist website shows just how real the threat is and how strong the terror network remains. here s cnn s pentagon correspondent barbara starr. reporter: it s the largest and most dangerous gathering of al qaeda in years. and the cia and the pentagon either didn t know about it or couldn t get a drone there in time to strike. u.s. officials will not say. but every frame is being analyzed. in the middle, the man known as al qaeda s crown prince, nasir wahishi, brazenly out in the open. a man would says he wants to attack the u.s. seemingly unconcerned he could be hit by an american drone. this is quite an extraordinary video. the leader of al qaeda in the ....
central bank and the fed would have to get further involved in this economy. now, you know all week we ve been talking about rick perry saying it would be treasonous for the fed to get involved. while his comments may have been misinformed it represents a view in america that fed should do no more work in stimulating this economy. so now we have investors saying we need more investment. you got the morgan stanley saying we do. and you ve got a lot of people in america saying don t do it. so we re at an impasse. investors said let s get our money out of there. they put it into bonds and into gold. the nikkei down 2% on opening. robert, i know you say look at unemployment more than you look at the dow. but when people s retirements are tied up in this roller coaster and every day it s up and down hundreds of points, what should people be thinking? anderson, obviously right now we have a jobs and wages and growth crisis. and not a debt crisis. and until we actually get ....
aftershock, which is now out in paperback. ali, what happened today? a lot of things happened here. we had a situation where it s not just fear we ve been talking about. this was actual fact. we had we started this morning with with slow bad markets out of europe, then before the markets opened, we got this report from morgan stanley which talked about slow growth around the world telling us things we already knew. but they said we re on the precipice. they didn t say we were there, they didn t say it s the base case, but they said we re dangerously close. also cited errors in policymaking here in the united states and in europe. and they said it s likely that the european central bank and the fed would have to get further involved in this economy. now, you know all week we ve been talking about rick perry saying it would beo treasonous for the fed to get involved. it represents a view in america that the fed should do no more work in stimulating this economy. s ....
and toothpicks, and then some people saying i don t want to try the cake because my mouth will get hurt. that s what is going on. this is something that we have been seeing over the last few weeks. is this really any different than the turmoil we have been witnessing? i think ali is spot on. you think back to just before the huge selloff and volatility last week, we had our own numbers that showed we had almost no growth. we have a new manufacturing number today, a regional manufacturing number that really hit investors hard. some analysts say it s a reliable number because it s a fresher number. this number is about manufacturing in august. the index was actually at one of the low points, and the drop was what analysts call stunning and saying it never has been this low without leading to a recession. when you hear things like that, especially with manufacturing considered one of the engines of growth in this country, that s also why you see investors sell at this ....
hey, fredericka. the losses are holding steady. the dow down about 436 points. they re off their lows of this session where we saw the dow down as much as 500 points. this is coming after morgan stanley kind of set off an alarm bell saying that the u.s. and europe are looking like they re getting close to going into a recession. morgan stanley also downgrading its growth forecast globally for this year and next. also not helping we got a bunch of economic reports here in the u.s. one on jobless claims showing a rise in jobless claims, the jobs area something that this economy really wants and needs at this point and not seeing. we also got a very weak regional manufacturing report showing contraction and a weak housing report showing sales declined about 3.5%. see what you do when you olympic all that together you get a big sell-off and that is what we re seeing right now. frederic fredericka? that as it looks for the dow. let s check out what the nasdaq issing look ....