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Steps we can take to apply more pressure to the assad regime, and we're going to be continuing to work with all the parties concerned to try to move forward on a diplomatic solution. >> keep in mind the president's not admitting that he's had the wrong policy, but he's saying that he needs a new approach. but in a background briefing by senior administration official over the weekend, they indicated they're still casting around for some ideas, mentioning only that a, quote, wide range of policy tools and options are in play. meanwhile, the crisis seems to have intensified in recent weeks. whil...

Policymakers. so pat, what does it look like if the federal reserve does more? does that mean 0%30-year mortgages? what does that look like? >> i don't think we get there. i think the federal reserve is purchase out of bullets. qe3 will be a nonevent. like a soldier runing into battle with a bayonet instead of all his ammunition. the fed on monetary policy i think is basically done. that doesn't mean we have other policy tools. fiscal policy matters and tax related policies lake what we've done in the department of labor and the epa holding up of pipelines. destroying of jobs. all of those thi...

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...

these folks weren't rioting like we have seen the past several days. they were there to clean up. now the problem is that the violence, looting and arson has spread to sever other british cities besides london. also a nationwide manhunt for two brothers and their older sister accused much opening fire on a florida police officer, then robbing a georgia bank. you're seeing the three siblings there and authorities do consider them armed and extremely dangerous. all right. wall street did a bit of a u-turn yesterday and thank goodness it did. we don't know exactly what it's going to...

one assistant chief con stanl calls it unjustified acts of wanton krlt. nearly 800 people arrested for violence, disorder and looting. more than 100 officers have been hurt. the streets have been calmer, probably because there are twice as many police on the streets as there was a night before. amazon uk reports sales of lull num baseball bats are up 8,000% since the violence broke out. prime minister, david cameron meets with his crisis response committee, and he's called lawmakers from the summer holiday to address the problem. parliament meets tomorrow. >> these are sickening scen...