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erin burnett. and the market looking for the slightest bit of good news, and got a little bit today and surged. the dow is up 213 point, the reason, the jobs numbers for july was better than anyone was looking for. the total number, 163,000 jobs created last month. the prediction was 100,000. we need about 125,000 jobs created per month, just to keep up with population growth. so this report does that. but look at the rest of the year. i mean, we haven't been able to clear that hurdle since march. it's been a really grim stretch. so there was a little bit of relief today. the bottom ...

erin burnett. and the market looking for the slightest bit of good news, and got a little bit today and surged. the dow is up 213 point, the reason, the jobs numbers for july was better than anyone was looking for. the total number, 163,000 jobs created last month. the prediction was 100,000. we need about 125,000 jobs created per month, just to keep up with population growth. so this report does that. but look at the rest of the year. i mean, we haven't been able to clear that hurdle since march. it's been a really grim stretch. so there was a little bit of relief today. the bottom ...

convention. the texas congressman will join us live this hour. we'll talk about his presidential hopes and the 2012 election. and if you're fuming about surprise credit card fees or lousy service, there's now a place where you can share your complaints with the entire world. i'm wolf blitzer. you're in "the situation room." this is just coming in to the "the situation room" right now. take a look at this. wow. it's a huge, huge crowd that has gathered at tahrir square in cairo. tens of thousands of people back at the site where last year's revolution started. the demonstrators ar...

if they fail -- and that's expected -- what happens? >> reporter: it seems that despite the very -- we call it the super committee and they had super powers. this committee written in law had the power to bypass many of the procedural hurdles that slow down and hold up legislation up here on capitol hill. despite having the power these 12 committee members were not able to bridge the gap on a philosophical difference on what they believe. a big issue that's held up negotiations to this point, the issue of taxes. democrats increase the tax revenue increased taxes need to be part of an...

we'll be going live to las vegas to catch up with jim in just a second. all right, meanwhile, let's go to senior political editor mark preston, also in vegas while we're waiting to hear from our jim acosta. mark, we have just been talking about these new polls that were released a few moments ago as we are preparing for the presidential debate tonight. okay. this is live television, folks. it's like a juggling act when you have about three live shots to get to in las vegas. jim acosta, are you in place? there we go. we got you. >> this is a, this is of no fault of my own, kyra. i p...