Page 9 - Policy Errors News Today : Breaking News, Live Updates & Top Stories | Vimarsana

we'll begin with the breaking news, all of us with money in the stock market, we're just catching our breath and now this, another big selloff on wall street. all three major indices way down at the closing bell. the dow losing a hefty 419 points. it's the fourth biggest slide for the dow in a month of big losses. the dow has plunged 1152 points so far this august. that's a drop 9.5%. and the month isn't even over yet. let's turn to cnn's richard quest. he's following what's going on. a lot of traders on wall street, richard, they're blaming what's happening where you are in europe f...

europeans and the americans might have to have more central bank intervention into the markets and also said that there have been policy decisions in europe and the united states that have been poor, and then on top of that, that was enough. that was already bad, brooke. then we got some economic reports right here in the united states. slowdown in housing, slowdown in manufacturing, and, you know, not a great report about new jobless claims. basically it all piled on. people ran out of stocks and back into -- into, you know, safer investments, but, really, it all started in europe. ...

>> let's not confuse principles with policies. joan was talking about how some of the policies of the 18th century didn't follow the principle of liberty for example. that's entirely true. there were all kinds of policy errors that we made, certainly the tolerance of slavery, all of those things are things that can and should be corrected. . but the principle of liberty, of limited government, those are principles that today when we look at them they appear to be very conservativconservative. but in point of act, that was the center of the spectrum at that time and that's what's being re-estab...

For islam. that's not what they're about, they intend if you read al qaeda doctrine, if you read the words of osama bin laden, they intend to reengineer islam. islam is the component they need in order to have a clash of civilizations between what they view as a radicalized islam and the west. however, to do that they have to break down all of the traditional structures of islam and radicalize those people. >> that's why they don't have qualms about such a high percentage of victims are muslims. something that would be completely verboten in traditional islam of any stripe. >> beautiful way al...

For islam. that's not what they're about, they intend, if you read the words of osama bin ladin they intend to reengineer islam, islam is the component they need in order to have a clash of civilizations between a radicalized islam and the west. however, to do that, they have to break down all of the traditional structures of islam and radicalize those people. >> that's why they don't have any qualms about the fact that such a high percentage of their followers are muslims. >> the beautiful thing about the way that al qaeda manages to usurp the opinion of the muslim world, they use our mistake...