Page 3 - Markets Tank News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Rational and perhaps even rational exuberance like the market. congressman charlie rangel, thank you so much, my friend. >> thank you, doctor. now let's turn to msnbc political analyst richard wolff, vice president and executive editor of msnbc.com. my friend, there's more movement today than we've seen in a while, but is this just the optics? are they really trying to save face literally or is there something substantive in the offing here? >> more movement than we've seen in a while isn't actually saying very much. we have seen so little here. don't get your hopes up. i am actually an opti...

Rational exuberance like the market. congressman charlie rangel, thank you so much, my friend. >> thank you, doctor. now let's turn to msnbc political analyst richard wolff, vice president and executive editor of msnbc.com. my friend, there's more movement today than we've seen in a while, but is this just the optics? are they really trying to save face literally or is there something substantive in the offing here? >> more movement than we've seen in a while isn't actually saying very much. we have seen so little here. don't get your hopes up. i am actually an optimist by nature. i don't wa...

Term which is the do on the de-couple on the upper rates and live to fight another day and raising rates and not crushed by the base and kicked out of the d.c. do you think that's what's happening, trying to find a way to yes? >> i'm sure that's what tom cole's trying to do. not clear that he has any kind of support for that idea in that caucus. look. it's going to take a crisis evidently to create some sort of impetus for them to bend on this. one would think that the fiscal cliff itself, it's a man-made crisis and good enough. maybe it needs to go further than that. you need to see markets t...

they're acting as though it's today. is there any news in the last 50 or so minutes since we last spoke? >> reporter: since we last spoke, that impromptu meeting you and i were talking about between a bipartisan group of members of the super committee, that has broken p up. as members were leaving, senator max baucuss, facing a mass of reporters, the only way to describe it, he actually mentioned that there's possibly a new tax idea being floated possibly by senator john kerry. as you and i talked, this meeting was described by one aide earlier as kind of a hail mary pass to see if t...

four hours or so. morgan stanley come out with a global note cutting its global growth forecast and saying the u.s., the world is dangerously close to recession quite frankly and naming a couple of different reasons why they think that global growth will not be as strong as they thought. among them, europe's debt problems and also mentioning what they call policy mistakes in the u.s. and also the drama about the debt ceiling. they say, overall, consumer confidence, business confidence, almost this negative feedback loop we are on the verge of people being so worried and not able to b...