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i'm erin burnett. "outfront" tonight, stocks tanked. the dow plunged 2774 points today killing all the gains of this year. it's the biggest drop since november. it was really bad day. the reason was a terrible jobs report. usually using adjectives like this are sometimes much for the markets but it's the way it was today. american employers add add meager 69,000 job, which is about half the number needed just to keep up with current population growth. it was the weakest month of hiring for the year and the unemployment rate went up to 8.2%. it was a grim day for the president. >> tod...

More importantly, bllibya is a rich country. but they've squandered the money for decade, ferreted it in back account, funded revolutionaries and terrorists. very little of it has been invested in the people. but there is plenty of people for reconstruction. this is a small country with very large oil reserves. >> as we watch this play out, another thing that makes it so strikingly different from egypt, you have the wealth in libya which egypt does not have. egypt has the cultural traditions and the political traditions that made it a beacon, if you will, in the arab world. libya on the other ...