but it is far too early to take everything off the table. there s no question. as june kallstrom said you have to start with that one piece that you have and make the circle as big as you can to try to pull back and get a picture. captain, new reports tonight the plane may have gone as low as 12,000 feet. what does that tell you? what it tells me is either they intentionally drove it down there and if they did, it was because they were probably trying to get below a radar verizon or what they thought was the radar horizon. in other words, radar is line of site and most defense radars are line of sight. that s why we tend to put them up on the highest part of the terrain we can so they can reach out as far as they can. if you are up in altitude, the radar horizon is here you dive below that radar horizon that
i ll get a live update from tripoli. in china, vice president joe biden says the u.s. will never default on its debt. i ll have more on what he s saying about the u.s. economy just ahead. and for many members. u.s. military, returning home is just not complete. well, until they get a hero s welcome from man s best friend. their dog. a very special welcome to all the servicemen and women who are watching us right now on the armed forces network. let s get right to it. we begin with libya where moammar gadhafi s government and rebels are offering very different takes on hats goi s w in that country. opposition leaders say they ve taken they are revolution in tripoli. one of gadhafi sons say they are losing every battle. cnn personnel say it seems like some of the most intense yet. before taking the fight into libya s capital, the rebels pushed government forces out of the key city, the oil refinery city of zawiya, about 30 miles from tripoli. cnn filealed this report and
people can feel like they can have control over now, if you can get through to the bankers. we re trying and it s not cheap to refinance. that s right. you have to think about whether you want to do that. if rates go low enough, it s good to check it out. it s friday. yes. yeah. although the week started off well, the realization that a second recession may be drawing closer is hammering stocks this morning. actually futures. here in the united states, the dow dropped 420 points or nearly 4% yesterday, stripping away this week s gains and then some. adding to the uncertainty, bad news on manufacturing, inflation and jobs. jobs, which we know are scarce, this video says it all. thousands of americans waiting for hours in sweltering heat just hoping to land an interview at a job fair in atlanta and because the economy is truly global, the anxiety here is spreading. nina dos santos is live in london. nina, how are the markets overseas so far? i m afraid to say
upwards. technology is taking a lot of the jobs, which is a double-edged sword, but look at it if you are an investor, i want to invest in technology, and technology changes rapidly. with smart phone technology and the apps that are happening, you want to make sure you have a piece of that in your portfolio. gold has been a investment lately, and is it still a smart? yeah, i think so. we could remember when it was below $1,000, and it s going up because it s a safe investment. people are panicking and don t know what to do but want to put their money in safe investments. but this is a great time when the market is low. you buy low and sell high. but you don t want to use the money every day to live to invest in. this is not vegas, so we don t want to come to the table and use it. you can get advice on the markets, just go to cnnmoney.com. critics are lining up against an expensive newest weapons program. the pentagon plans to spend hundreds of billions of dollars for