the shanghai composite all down this morning. the major european markets are in the red as well. u.s. futures are down too. the world is waiting to hear the results of the monthly u.s. jobs reports. that comes out at 8:30 a.m. eastern. on the weather front, just a few days after irene, the weather radar is getting another big workout. a tropical depression is running loose in the gulf of mexico, and it's heading for the gulf coast, packing lots of rain and lots of wind. cnn's jennifer delgado is keeping watch for us. jennifer, this thing popped up pretty fast, didn't it? >> yeah. you know, we've been watching this, really, for the last two days. you're right it did develop quickly. it is still a tropical depression, but we do have tropical warnings in place from pascagoula, mississippi, all the way toward sabine, texas. you're looking at satellite imagery. the winds sustained at 35 miles per hour with gusts up to 45. working into parts of southern louisiana as well as into areas of mississippi. as i show you the graphic there, you see the winds at 35 kilometers. let's track this for you. you can see it looks like getting close to the coastline of louisiana on saturday and then notice thoed winds up to about 60 miles per hour. and then it's going to continue to track over toward the east. i really need to correct myself. it's actually sunday around 2:00 a.m. but certainly wind conditions are going to deteriorate saturday across parts of louisiana. as i show you the graph there, we're going to be watching that. the good news is it is going to stay a tropical storm. look at this graphic right here. the models are showing -- this is actually showing you the warning. there's the warning area for that area including texas over toward areas including mississippi. so we are going to be watching this. i can tell you this, that tropical storm conditions are being reported on an oil rig-off shore. here's the graphic. carol, we really like to see something a little more in agreement. you can see right now the spaghetti moodles are basically it's a bowl of spaghetti. nobody has a definite idea of the track of the system. we're certainly going to be watching it. i can tell you the rain is going to be incredibly heavy. we're talking 10 to 15 inches of rainfall. some locations, 20. certainly this is going to cause some widespread flooding. we're talking flash flooding in some areas. everybody needs to be paying close attention to this. in addition to this we're worried about the storm surge. we can see that roughly 2 to 4 feet in some areas. we're talking into the southern parts of louisiana. carol. >> thanks, jennifer. here's a quick look at other news right now. the authorities in peru have charged joran van der sloot with killing a young woman in a hotel. prosecutors want a 30-year prison sentence and $72,000 paid in restitution to the family. he was once the prime suspect of the senately holloway case in aruba. he was never charged in that case. texas authorities say warren jeffs is out of intensive care. the convicted child rapist had been in critical condition earlier this week and in a coma after going on a fast. he's kurnlly serving a life sentence for sexually assaulting two under age girls he claims are his spiritual wives. crews are gaining ground on the giant wildfire we've been telling you about in north texas. it's about 50% contained now. the fire is burning about 100 miles west of the dallas-ft. worth area. it has destroyed 40 homes so far, but authorities hope they've made enough progress for some evacuees to go back home today. >> crews are actually able to work on some mop-up today. i'm told that containment is estimated at 50% at some point. >> we can do all the work by air as we want but my instructors always told me it's boots on the ground that gets the fire taken care of. >> fires also melted power lines which means several hundred fam ilies and businesses don't have air conditioning. it's 100 degrees out there. texas is so dry the forest industry has responded to more than 200 fires last week. we're learning more about the east coast earthquake. it turns out it shook 25 spent fuel containers in virginia and moved them one to four inches. those containers or kasks weigh 1,500 tons each. they were not damaged and no radiation leaked. cnn's brian todd shows us what could have happens, though. >> a worst-case scenario, a very large shake could make the metal casings inside these kasks crack or break. the plutonium compounds could come together and fall to the bottom and radiation could leak out. >> again, power company officials say that did not happen, but they do admit the plant might not have been designed to withstand a shake that hard. the reactors are still shut down this morning. republicans in tucson, arizona, are defending their fund-raising raffle. 10 bucks will buy you a chance to win a new glock handgun. democrats are upset because this is happening in gabby giffords own county. that hacking group called anonymous, it might be losing some of its anonymity. police in london have arrested two men they think are involved with the anonymous groups. the suspects are 20 and 24 years old. several alleged hackers have been arrested in both the united states and united kingdom for bringing down government and corporate websites and then stealing information. everyone's talking about a certain someone right now. he's someone you've heard of and he's gotten a lot of flack for everything from his political views to his heart problems. do you think you know who it is? the mystery man made an appearance on late-night comedy last night. well, sort of. >> this is incredible, ladies and gentlemen. we were just talking about him. do me a favor. i don't want to embarrass northbound. i'm told in the front row of the balcony, you've never going to believe who's up there, putz your hands together. how about a nice canadian welcome for vice president dick cheney. dick? [ applause ] >> cheney has been everywhere promoting his new book. show some of the shows he's been on. i couldn't believe it. >> vice president dick cheney will be promoting his new book when he visits southern california this week. he's been making the rounds by appears on the usual news shows. he even showed up on some shows you wouldn't expect. >> listen to me very carefully. it's wrong. do you understand that? is there something wrong with you. >> let's put your images up there. see that? >> i must admit i liked the judge judy up there. i think she's the only one who could stand up to dick cheney. thousands of pilots do it every day, fly on auto pilot but some experts warn this could actually be dangerous. first, the yoet of the day. be like a bee, sting and fly and fight across libya, end quote. find out who said this in 90 seconds. seven midgets past the hour. if something is simply the color of gold, is it really worth more? we don't think so. chase sapphire preferred is a card of a different color. unlike others, you get twice the points on travel, and twice the points on dining, and no foreign transaction fees. call now or apply at chasesapphire.com/preferred. with diabetes, it's tough to keep life balanced. i don't always have time to eat like i should. and the more i focus on everything else, the less time i have to take care of me. that's why i like glucerna shakes. they have slowly digestible carbs to help minimize blood sugar spikes, which can help lower a1c. glucerna products help me keep everything balanced. 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[ male announcer ] glucerna. delicious shakes and bars. helping people with diabetes find balance. it is nine minutes past the hour. this is your a.m. "wake-up call." back to the quote, be like a bee, sting and fly and fight across libya. it was ousted leader moammar gadhafi who said this on audio address played on syrian television yesterday. he also said his people will emerge victorious. a major recall just in time for the labor day weekend and the so-called rusty pilot. let's go to kristie lu stout live in hong kong. tell us about this recall. >> well, carol, the consumer product safety recall talks about that which you may have on your patio. it comes in the wake of some pretty serious injuries. 65 people have been burned, some badly, and two have died. flash fires and burns were reported when the consumers add the gel to an already burning pot because this alcohol-based fuel can burn blue or clear. consumers think that the fire is out when it's not. our consumers are advised to stop using these horrible fuel gels immediately. so carol, let's spread the word. >> okay. we're doing that. thank you, kristi. let's talk about that. we're talking about the pilot skills. it kind of makes me uneasy. >> it makes a lot of us uneasy. they found that airline flight crews are simply relying too much on computer controls and auto pilot. these concerns were highlighted by the 2009 crash of air france flight in brazil and the colgan air crash in new york. the colgan pilot had forgotten some key procedures. now this advisory board recommends more manual flight guidance and more actual flying by pilots. carol, back to basics. >> yeah, back to basics, kristie lu stout from hong kong. tharpgss so much. days before the president's major jobs speed the white house is painting a different picture about the economic forecast which could make the president's re-election bid even tougher. but first today in history back in 1969 the first atm was installed in the united states. it was located at a chemical bank in new york. chemical bank advertised the atm by saying on september 2nd, our bank will open at 9:00 and never close again. it's 11 minutes past the hour. at usaa, we believe honor is not exclusive to the military. and commitment is not limited to one's military oath. the same set of values that drive our nation's military are the ones we used to build usaa bank. from free checking to credit cards to loans, our commitment to the military, veterans, and their families is without equal. ♪ visit us online to learn what makes our bank so different. usaa. we know what it means to serve. okay, so who ordered the cereal that can help lower cholesterol and who ordered the yummy cereal? yummy. that's yours. lower cholesterol. lower cholesterol. i'm yummy. lower cholesterol. i got that wrong didn't i? 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[ crunching, sipping ] be happy. be healthy. can i try yours? it's 13 minutes past the hour. time for your political ticker from tim farley live from washington. good morning, tim. >> good morning, carol. how are you? >> i'm grade. as we wait for the august unemployment numbers to come out in a few hours, something that always makes us nervous, the white house has actually downgraded its jobs and economics forecast. we suspect we know what it's about. what does it mean for the country and the president? >> what i think it means right now is there is certainly no sense of confidence in the white house. we're looking at 9% unemployment, perhaps a little bit below that by the end of next year. that's the projection. in addition to that we're seeing unemployment tied with growth. growth is only going to be about 1% to 2% over the next year, and the historical side of this is presidents who have seen an unemployment level, those who are incumbent presidents over 7% are not in good shape when it comes to elections. i'm not sure that it's so much what the number is next november, carol. i think it's more probably going to be the sense of which direction the country is moving in. and certain will if it's moving the same way as it is now, which is not very much and staying at a high level of unemployment and a low rate of growth, we're going to see a very shall we say depressed electorate next year and that's not going to bode well for this president and that's what he's fighting against right now. >> that's why his big jobs speech so so very important. people will be eager to hear what the president says because i think people want to get some sense of 07ty michl. they want some sliver of hope. >> no, i totally agree with you. i'm really a little confused about why this white house chose this particular venue. i've been listening to the white house press secretary. there are going to be more republicans in the room than democrats gimp about the a majority the republicans have in the house. how many people are going to be sitting on their hands when the president says whatever he's going to say about jobs next week, regardless of what he proposes. and then you've gotten the fact that he's probably going to have a difficult time getting anything passed. so i'm not sure. we're going to wait and see what he does next week, but this -- to me it's going to be -- the expectation's waiting so long for this speech and how much needs to be done right now. i'm not sure how he's going to meet that. >> although, if you look at it on the flip side, if republicans do nothing, if they don't pass anything to, you know, to help the economy, even if it's perceived help and not real help, then how are voters going to perceive them? and if the president -- >> that's a good question. >> -- and he wants the country to draw together to find a solution to this crisis and republicans don't even clap for that, how will voters think about them? >> that is the important question and you've just asked the question that will determine who's going to win in 2012. who are they going to blame if things go poorly and who are they going to look to if things are a lot better. for that they'll have to wait for what the american people think. >> speaking of that, there's a new fox news poll. no surprise perry takes over romney in the news poll as well. what did surprise me is michele bachmann's dwindling poll numbers. >> yeah. i don't think they're different from the same pool of voters. what surprises me about this, too, carol, is people are making impressions about rick perry. he's gone so far up in the polls in recent weeks he hasn't even participated in a single debate yet. he will do that next week on wednesday at the reagan library. but it's always interesting to watch these polls and see where they are. at this point in the -- in the cycle. and rick perry certainly is going to probably influence mitt romney. you and i have been talking about this, the campaign strategy moving forward. he's going to the tea party event on monday down in south carolina, which may be an indication he's starting to reach out to the people he more previously shunlted aside. i think that's what we're seeing as a result in this poll, a little shift in strategy. >> tim farley, many thanks. joining us from sirius radio in washington, d.c. prostitutes, wild parties. the italian prime minister, now allegations of blackmail. see who's trying to extort money from silvio berlusconi. 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[ding] [fans whirring] announcer: chill raw and prepared foods promptly. one in 6 americans will get sick from food poisoning this year. check your steps at foodsafety.gov. it is 20 minutes past the hour. this is your a.m. "wake-up call." there are three things to put on your radar. the jobs report will be released. president obama is set to introduce a plan for creating jobs and boosting the economy. also a florida judge will hear arguments whether casey anthony should reimburse investigators for searching forher daughter caylee. at 11:00 a.m. eastern there's a hearing in d.c. to consider whether former pitcher roger clemens should be retired after the judge declared a mistrial in his perjury case. ousted libyan leader moammar gadhafi is still in hiding but a voice that belongs to him is promising no surrender. he says he will fight on, even as his regime crumbles. there are a hand l of loyalists, strong holds among him. these are pictures of a nato air strike there, tar getting a pro-gadhafi barrack. let's go around the world with max foster. he's live in london. good morning. >> hi, carol, yeah. a very defiant message from this man purported to be colonel gadhafi, asking his supporters to give up their lives, continuing as this sort of battle continues in libya, encouraging them to give up their lives for his cause effectively. let's listen to the voice claiming to be gadhafi. >> translator: libya will never be suppressed, will never be occupied, and we will fight against you, whatever. we will sacrifice our lives so that the son of libya will become -- and the storms of libya will become fire. you'll never have peace of mind inside our land. >> very keen, of course, to find out where he's at. no key to his whereabouts. also in this conversation, move the capital from trip la to his home town. he's continuing to be defiant even though obviously everything is against him. >> this is what i'm wondering. i know this audio is being played on syrian television, but where is it being broadcast from? does anyone know and is it being broadcast in libya? >> well, it's very difficult to work out where the broadcasts come from or where he's speaking from because it's all done through satellite systems. you can't actually locate even where the network is broadcasting from so that's not entirely true. everyone very keen to know where he is. some says he's in algeria, some saying he would still stay in libya. we're not clear on that. obviously journalists on the ground desperate to find him. i'm sure we'll find him at some point. some have suggested he's underground in these bunkers he's created. >> fascinating. let's talk about italy. some have been charged with blackmailing berlusconi. >> absolutely is. berlusconi has admitted to handling over more than $700,000 worth of cash to a 36-year-old and his wife, and they're accused of organizing parties where they paid escorts to come and berlusconi would also go to the parties as well. berlusconi said he was handing over this money as charity. that's why he handed the money over. this is a very murky world all these sorts of claims against berlusconi as escorts. it goes on and on. he doesn't deny paying money to these people, but he does deny getting involved in an escort service. a blackmail case, very murky case. a. >> very sad. also before you go, can you tell us about the world markets and why they're taking a hit this morning? >> i have to say when you have a look at the european markets that are down quite significantly. down 2% the last time i look. of very concern, carol, you'll be aware, the jobs numbers coming out later in the u.s. what you're getting right now is any sort of news comin