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CNN Anderson Cooper 360 August 20, 2011

loud explosions being heard in tripoli within the past hour. opposition forces telling us they re making use of the air attacks to try to make progress on the ground. those forces now in the middle of a major push on zawhi, the keyport city on tripoli s doorstep. fierce artillery fire could be heard today. opposition fighters telling our sara sidener they could become moving on the capital within a matter of days. that could just be optimistic talk on their part. meantime the opposition says a form libyan prime minister has defected, fleeing tripoli with his family. no sign, though, that his former boss, muammar gadhafi, is going anywhere. and that s the potential problem. a potentially very violent and bloody problem. joining us now, sara sidner with opposition forces, matthew chance in tripoli and from aspen, colorado, retired allied commander wesley clark. sir, you ve been with the opposition forces. how close are they to tripoli, and how much trouble is gadhafi in r ....

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CNN Anderson Cooper 360 August 19, 2011

labor secretary during the clinton administration. currently he s a professoof public policy at the university of california at berkeley and author of aftershock, the next economy in america s future now out in paper back. ali, what happened today? reporter: we had a situation where it s not just fear we were talking about. this was actual fact. we started this morning with slow bad markets out of europe. then before the markets opened we got this report from morgan stanley which talked about slow growth around the world, telling us things we already knew. but they said we re on the pr s precipice of a recession. they also cited errors in policy making here in the united states and in europe, and they said it s likely that european central bank and the fed would have to get further involved in this economy. now, you know all week we ve been talking about rick perry saying it would be treasonous for the fed to get involved. while his comments may have been misinforme ....

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CNN Anderson Cooper 360 August 19, 2011

and the philadelphia feds latest index of regional manufacturing signalling a strong downturn. this time the market seems to be saying something about the real economy here in the united states. here to talk about it, chief business correspondent alley velshi, wall street journal ist steven moore and robert reich, labor secretary during the clinton administration. currently he s a professor of public policy at the university of california at berkeley and author of aftershock, the next economy in america s future now out in paper back. ali, what happened today? reporter: we had a situation where it s not just fear we were talking about. this was actual fact. we started this morning with slow bad markets out of europe. then before the markets opened we got this report from morgan stanley which talked about slow growth around the world, telling us things we already knew. but they said we re on the precipice of a recession. they also cited errors in policy making here ....

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CNN John King USA August 19, 2011

we got this report from morgan stanley which talked about slow growth around the world, telling us things we already knew. but they said we re on the precipice of a recession. they also cited errors in policy making here in the united states and in europe, and they said it s likely that european central bank and the fed would have to get further involved in this economy. now, you know all week we ve been talking about rick perry saying it would be treasonous for the fed to get involved. while his comments may have been misinformed it represents a view in america that fed should do no more work in stimulating this economy. so now we have investors saying we need more investment. you got the morgan stanley saying we do. and you ve got a lot of people in america saying don t do it. so we re at an impasse. investors said let s get our money out of there. they put it into bonds and into gold. the nikkei down 2% on opening. robert, i know you say look at unemployment more t ....

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