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The up and down stuff? the great thing about last week is we did not see big institutions, fidelity, things like that, selling off, they were starting to buy on the dips because they thought stocks were cheap but today a lot of the commentary is going around saying there aren t buyers and that s one reason we opened so steep right away. we ll see if someone kind of builds the moxy to get back in there and see if they can bring things back up. rick: dennis neil, thanks. jenna: one of the things that dennis said, anything and everything is causing fear in the markets. for more, we re joined by steve moore of the wall street journal, joining us by phone. steve, there s been a lot said about the health of banks, particularly in europe, in europe, and that is involved with what s happening in the markets now. what can you tell us about that? i m getting motion sickness with this stock market over the last week! i was one of those people that has talked about last week that bought on ....
He had a big midterm loss there in 94 where democrats lost both the house and the senate. but they benefited in the long run because of those contrasts that were being drawn. after newt gingrich and the rest of the republican leadership took over congress, he drew those contrasts. they had their clashes. even had two government shutdowns. in both cases polls showed that bill clinton won as far as when the public was given a choice between which leadership they preferred on those issues. and then in 96 bill clinton had a landslide re-election. so i wonder sometimes if the obama white house isn t thinking past these midterms already. that s the big question about today s transition in chief of staff. alex, i don t know you very well. i m getting to meet you on this program really. i want to ask you about your political moxy on this thing. not bringing in a heavyweight from outside, not expanding a circle that s been accused of being very insular around the ....
I want to know why you re laughing. here s bill clinton the other day with me. it s worth reminding americans that every election is a choice. if you have to run against the ideal, if it s a referendum, every one of us will get beat. nobody would get elected. we d have nobody in office because there s no such thing as the perfect public servant. every the choices you make in politics are like the choices you make in life. you look at the facts as best you can, and you make the best available choice. well, clarence, i ve had some amazing conversations with the former president the last couple days over here in ireland, especially last night. i have to tell you, he s thinking a lot about this election. i think he s rooting for the president. the question is, how do you put that sort of moxy to work? how do you get the middle, not to think you re a socialist, and yet to get the people who are pretty far left who do like the public option and things like that, how do you keep them on ....
He s the master at this center left coalition maintenance, if you will. he kept it together. clarence, you re laughing. let s take a look at this. i want to know why you re laughing. here s bill clinton the other day with me. it s worth reminding americans that every election is a choice. if you have to run against the ideal, if it s a referendum, every one of us will get beat. nobody would get elected. we d have nobody in office because there s no such thing as the perfect public servant. every the choices you make in politics are like the choices you make in life. you look at the facts as best you can, and you make the best available choice. well, clarence, i ve had some amazing conversations with the former president the last couple days over here in ireland, especially last night. i have to tell you, he s thinking a lot about this election. i think he s rooting for the president. the question is, how do you put that sort of moxy to work? how do you get the middle, not to thin ....
Like the public option and things like that, how do you keep them on the same team? well, bill clinton has been through this before, of course. he had a big midterm loss there in 94 where democrats lost both the house and the senate. but they benefited in the long run because of those contrasts that were being drawn. after newt gingrich and the rest of the republican leadership took over congress, he drew those contrasts. they had their clashes. even had two government shutdowns. in both cases polls showed that bill clinton won as far as when the public was given a choice between which leadership they preferred on those issues. and then in 96 bill clinton had a landslide re-election. so i wonder sometimes if the obama white house isn t thinking past these midterms already. that s the big question about today s transition in chief of staff. alex, i don t know you very well. i m getting to meet you on this program really. i want to ask you about your political moxy on this thing. n ....