Page 41 - Point Drop News Today

>> you call us to repent, lord. >> god bless each of you. >> for thy is the kingdom. hes a wise, wise god. cry out for your forgiveness. >> rejoice in the lord. >> jesus! i love men. >> so pretty darn [ bleep ]. >> oh. >> you know, i got 98% of what i wanted. >> good evening from washington, john boehner got 98% of what he wanted again today. the dow jones industrial average dropped 634 points today, it is the worst one-day point drop since december 2008. 98% of that drop would be 921 points, wh...

So now weve got this combination where i have a 500 point drop of the dow at the top of the show, and were talking about the things that america needs to do to deal with our economy not being politically realistic. at what point does the economy become shocking enough, a 500-point drop on the dow, becomes shocking enough that it changes whats politically realistic? how do we understand the magnitude of a day like today on the dow? >> maybe theres a ray of hope there. if it were going to lose 500...

Seen in our o history. the end of the year in december, a 680 point drop, and what happened to jobs? we went from 7.6% unemployment in january of 2009, go five months later in may of that year, were at 9.4%. these numbers will tell you an awful lot about where we have been and, quite possibly, where we are headed. alisyn: now we wait. the markets are set to open in just under 30 minutes, and after the roller coaster ride we saw yesterday, it will be very interesting to see what happens when the ...

Was no. they voted against that emergency rescue plan, and as a result wall street looked like this. >> where do we go from here? >> they dont have enough. >> were going to go down -- ton of uncertainty. >> this has gone down now? >> what happened, steve? >> find out if its possible to change votes, because by my math, this can be bad. i dont think they can pass it now with the remaining no votes being 17. >> wall street believed congress would pass the bailout package, then a wild day before th...

Moments ago. standard & poors following up with the downgrade of our debt with a downgrade of our mortgage giants fanny mae and freddie mac, not necessarily unexpected but another dynamic to this story. sandra smith is live on wall street with more. sandra tell us a little bit about the market reaction thus far to this news. >> reporter: jenna, jon its not good. the markets are royaling right now in light of the credit rating being stripped. they had a chance to adjust to it over the weekend. no...

Most important thing. i also spend a lot of time talking about whats politically realistic in america. so now weve got this combination where i have a 500 point drop of the dow at the top of the show, and were talking about the things that america needs to do to deal with our economy not being politically realistic. at what point does the economy become shocking enough, a 500-point drop on the dow, becomes shocking enough that it changes whats politically realistic? how do we understand the magn...

Staying with us. one way to know things are bad in the u.s. economy is when a drop of 520 points on the dow makes you say oh, is that todays news or am i looking at an old headline? the dow dropped 520 points, ninth worst point drop in the history of the dow. any minor joy experienced when the market went up 430 points yesterday was wiped away and then some today. todays stock market plunge as opposed to the stock market plunge two days ago or the one six days ago, todays was results of fears ab...

Markets. >>shepard: so wise. the dow jones industrial average went down 778 points during this hour on that day the largest point drop. ever. less than a week later congress passed the revised bailout bill and president bush signed it interest law. what is happening today? we have the assistant managing editor of the "wall street journal" which is owned by the parent company of in-network. you hold a vote that will fail. why? >>guest: so you can show the world that unless the republicans get wha...

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