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social unrest and pushing for a plan for raising taxes on the wealthy. >> it appears the politics of division are making a great comeback. instead of working together where we agree, the president has opted for divisive rhetoric and broken politics of the past. he's going from town to town impugning the motives of republicans setting up scapegoats and engaging in lazy arguments as he tries to build support for punitive tax hikes on job creators. >> he went on to say that many americans share my disappointment. here is language that ryan and other republicans are objecting to. >> thei...

wealthy. >> to my great disappointment, it appears the politics of division are making a great comeback. instead of working together where we agree, the president has opted for divisive rhetoric and broken politics of the past. he's going from town to town impugning the motives of republicans setting up straw men and scapegoats and engaging in lazy arguments as he tries to build support for punitive tax hikes on job creators. >> he went on to say that many americans share my disappointment. here is some of the language that ryan and other republicans are objecting to. >> their plan, ...

"outfront" tonight, whoa, whoa, whoa. the markets soared, the dow up 339 points. nasdaq and s&p up more than 3%. and there were two big reasons why. one, america defied skeptics with american consumers spending money. the u.s. economy grew 2.5% in the third quarter. twice as fast as the prior quarter. look at it compared to earlier this year. 2.5% isn't great overall. but it is a lot better than a lot of doomsayers expected. the other big news was europe. they made a deal to bail out greece. that deal also, not that great. but after 14 summits, any deal was enough to juice the market...

Prosecutors say he was selling worthless vitamins. >> all right. so he's gone. a government-run mental hospital reported looking to release john hinckley jr., the gunman who tried to assassinate president reagan. hinckley has been at st. elizabeth's hospital since he was found not guilty by reason of insanity. hospital officials want to put him on convalescent leave so he can live near his mommy in virginia. prosecutors are asking a court not to release him saying he's still dangerous. the hearing on this case begins november 28th. >> bernie madoff's relatives not likely to face charges. that ...

good morning to you. it is thursday, august 11 now. this is "american morning." lot going on today. let's get right to it, folks. >> good morning, good morning. so much for comeback. haven't seen these kind of wild swings on wall street since the darkest days of the financial meltdown. the dow diving 520 points yesterday. this time fueled by fears or at least triggered by fears. that france is on a verge of a credit downgrade. every day it seems to be something new trying terg sell-off or the buying. that's because this is a global economy. your investments feel it here. wild swings....