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the euro price is mounting at credit rating agencies are downgrading italy and spain, taking a hit, along with 12 u.k. banks but what is happening over there, is that to blame for our struggling economy here? >> biggest head wind the american economy is facing right now is uncertainty about europe. >> reaction now from a member of the european parliament, joining me now from brussels. i heard that yesterday, i said, boy, it was, blame bush for a long time but now it is blame europe. >> well, in which case don't come to europe. europe is here because they are treat, a debt debt with more debt because they are trying to take more power from the central bank, more regulation, more attacks on the banks. if you want to help europe do not send us money sort out the problems in the united states. get on top of your debt problem. we need the united states to be successful and strong. >> you see the protests and last

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