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will win it. >> why is congress still on vacation? and a guy who has a lot to say about this economy and this country, trace atkins, tv personality and all-american guy. this is "piers morgan tonight." good evening. it's been another bad night on wall street. the dow closing 520 points totally erasing all of yesterday's gains. asian markets reacting as i speak to the plunge. europe will follow in a few hours. is market turmoil the new normal and what can you do to keep your money safe? joining us is leigh gallagher, ali velshi and kai ryssdal, and carmen wong ulrich. let me start wit...

>> we have to lower those taxes. >> i don't think the president will win it. >> why is congress still on vacation? and a guy who has a lot to say about this economy and this country, trace atkins, tv personality and all-american guy. this is "piers morgan tonight." good evening. it's been another bad night on wall street. the dow closing 520 points totally erasing all of yesterday's gains. asian markets reacting as i speak to the plunge. europe will follow in a few hours. is market turmoil the new normal and what can you do to keep your money safe? joining us is leigh gallagher, ali ...

this is "piers morgan tonight." good evening. it's been another bad night on wall street. the dow closing 520 points totally erasing all of yesterday's gains. asian markets reacting as i speak to the plunge. europe will follow in a few hours. is market turmoil the new normal and what can you do to keep your money safe? joining us is leigh gallagher, ali velshi and kai ryssdal, and carmen wong ulrich. we've seen record fall, record rises and record falls again. yet again i ask you, what the hell is going on? >> every day i get up very early. every day i think maybe piers can just run ...

Historians love -- everybody is researching sputnik. that has to be exciting for you. >> well, it's more auto biographical, and i when it went up. in 1961, i think, the soviet union sent up the first man in space. that was actually considered more sensational than sputnik, which ed reminded me before the broadcast weighed 20 pounds and was the size of a volleyball. but when they sent a human being, that really brought it home that they put a man in space. there's one other thing i would say, what television has done in the united states and probably in other countries is confuse celebrity with...

Michele bachmann is a representative of the tea party, but at the end of the day, we have to get our serious players out front and talk about the things that matter. >> ultimately, professor cohen, historians love -- everybody is researching sputnik. that has to be exciting for you. >> well, it's more auto biographical, and i when it went up. in 1961, i think, the soviet union sent up the first man in space. that was actually considered more sensational than sputnik, which ed reminded me before the broadcast weighed 20 pounds and was the size of a volleyball. but when they sent a human being, ...