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The new year. the largest market selloff since june. not good for your 401(k). the real issue is, how is the overall economy doing. joining us now, chairman senior partner at price water house coopers. great to have you here. >> happy to be here. >> let's unpack that question. look at the stock market but you understand what businesses think and how they're feeling. >> we just complete add ceo survey all around the world. first of all, very optimistic. there's caution in there and fragility in there. if you look at the 200 some odd ceos we surveyed, 88% are confident they're going to be able t...

21 states where democrats are defending senate seats this fall. joined now by emily and matt, former political director for george w. bush. welcome to you both. >> thanks for having us. >> matt, when you look at that map, how do you feel? >> well, i guess as a republican i feel very optimistic about this upcoming midterm election. i mean, the president's approval ratings are low nationwide, but particularly in the states you highlight, in some of these states like north carolina and in louisiana, where you have democratic incumbents that are increasingly worried about being too closely associa...

With their organizations. tony perkins of the family research council says it's not government's job to take responsibility for the poor. >> we're hearing a lot of rhetoric that if you really wanting to be a faithful christian, what you really need to do is become a liberal because they really care about the poor and things like that. >> okay, let's unpack that for just a moment, janet. is that saying then the government has the responsibility to care for the poor? that's not what the scripture says. the scripture handed that responsibility to you and i as members of the faith, followers of je...

In mostz, an environment where president obama is likely to lose by 10 points. you need a lot of people to split the tickets. i think it is not in the bag for her in any respect. >> this is the last thing the party needs, a national battle against this guy saying i am going to stay in the race even though i am embarrassed and everybody else saying you have to get out. you don't need that. >> i think, yeah, this time tomorrow we'll be having a conversation about what happens now that akin is out of the race. we'll see. talk to me about your thoughts going on, the substance of what he said. let'...

Played out on these networks. here's president obama on abc's "the view" today which was taped yesterday. listen. >> what i do think happened in that situation is that a 24/7 media cycle that's always looking for controversy and oftentimes doesn't get to the facts first generated a phony controversy. a lot of people overreacted including people in my administration. >> uh-huh. >> and part of the lesson that i want everybody to draw is, let's not assume the worst of other people but let's assume the best. let's make sure that we get the facts straight before we act. >> ken, let's unpack those t...