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let's go "outfront." i'm erin burnett. "outfront" tonight, the market slid nearly 200 points today. the reason, fear and uncertainty. fear of europe and fear of the super committee. we are counting down to a huge moment for america on a day our commander in chief was warned china's military is building up with one main goal, taking on america. i'll get to that in a moment. first, the super committee is exactly one week away from its deadline to cut a minimum of $1.2 trillion from america's deficit. today was a day called critical by some lawmakers. the meetings have ended. there is...

"outfront" tonight, the market slid nearly 200 points today. the reason, fear and uncertainty. fear of europe and fear of the super committee. we are counting down to a huge moment for america on a day our commander in chief was warned china's military is building up with one main goal, taking on america. i'll get to that in a moment. first, the super committee is exactly one week away from its deadline to cut a minimum of $1.2 trillion from america's deficit. today was a day called critical by some lawmakers. the meetings have ended. there is no word on a possible deal. now, nearly ...

Most of them. democrats will say they are running against wall street. a lot of them are salivating at the chance to do that. your political image does not help them do that because you are seen as a wall street guy. do you think that image is unfair? >> first, i'm not -- i'm not a wall street guy. you know this. >> i know you are. people think you worked for goldman sachs, were a banker. >> just so the audience knows, i never worked for wall street. i spent every job i've had in life since i came into graduate school has been working as a public servant in government. i never worked for a ban...

They will oppose them. democrats will say they are running against wall street. a lot of them are salivating at the chance to do that. your political image does not help them do that because you are seen as a wall street guy. do you think that image is unfair? >> first, i'm not -- i'm not a wall street guy. >> people think you are. they think you worked for goldman sachs. >> i never worked for wall street. i spent every job i've had in life since i came into graduate school has been working as a public servant in government. i never worked for a bank. never run a bank. never worked for a hedge...

Life since i came out of graduate school in effect has been working as a public servant in government. i've never worked for a bank, never run a bank, never worked for a hedge fund. but i sat at the new york fed. i sat at the treasury. and i watched what financial crises do to the innocent victims across the country and i feel a huge sense of personal responsibility and obligation to make sure we are putting in place the kind of reforms we need to create a more stable, safer, more fair system in the future and i am working very hard to make sure we achieve that. i think this is a just war. i t...