Page 5 - Panic Doesn T News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Know, this is going to raise a lot of questions about global economic growth which was largely driven for awhile by china. now investors are starting to see, you know, cracks in that. starting to question whether their economic numbers are even, you know, are even credible at this point. allison brought up that point earlier. when you look at the fundamentals, it really does seem like this kind of panic doesn't really make sense in the face of u.s. economic fundame fundamentals which seem to be pretty strong at this point, which is why the federal reserve is looking to raise rates in the septe...

Helicopter upside down and sinking fast with two men, a pilot and a passenger clinging to the skids. they threw off their heavy armor they were using for training and dived into the choppy water. >> we tried as best we could to do chest compressions to bring life back into them. that seemed to work, they started to brief after that. >> reporter: among the survivors a pilot and a british company. not as fortunate a daughter of sidney australia who was celebrating her birthday. a friend also survived. authorities are trying to determine the cause of the crash. the pilot is an experienced aviator...

It is obvious. the tea party is racist. congressman allen west, the tea party supporter on the latest lashing from hollywood. we'll see what he says about that. martha: there is this story. police say a 10-month-old baby girl was snatched right out of her crib in a quiet suburb. a live report on a possible lead on a suspect. >> the way this has developed, usually we find the kid pretty quickly if it's, you know, if the story is kind of hinge can i we usually find holes in it pretty quickly. so far here we are in the afternoon and we haven't broken anything on it yet.

Of the water onto the tarmac where we started work on him. >> reporter: all those onboard the helicopter were friends of the pilot. they were doing sight-seeing in new york. this was not an official sightseeing helicopter. those have to have location devices for passengers. it's not clear if those vests were onboard this helicopter. bill: what is remarkable is they pulled the helicopter out of the water. >> reporter: the helicopter was pulled out of the water. it's still not clear what the cause was of this crash. we are told the pilot was very experienced. in 2006 he had to make an emergency ...

Exposure isn't going to be deadly. so on the one hand they're saying don't drink t don't eat the food. but on the other hand, they're saying don't panic. contessa? >> right. panic doesn't help anybody at any point in time. >> not comforting. >> no, exactly. lee, thanks. the republican national committee's new chair is facing a come-from-behind fight to get ready for 2012. lance priebus, his job will be tough enough taking on an incumbent president and it's possible his billion campaign funding machine. the rnc is facing a mountain of debt of its own, at least $21 million inherited from contr...