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the dow ended the day up nearly 430 points, but the up-down day on wall street, how skittish the markets are about the economy 7 that's just another reason i say that president obama needs to come up with a jobs program. needs to highlight the bridges and roads that need fixing in this country and make republican say, no, i don't want jobs in my district. the question isn't whether president obama should do it or how. i'm telling him how. show the bridge, the rotten roads, the broken down sewer and water systems. put it in their faces. the question, is when. also the political fall...

the polls open tomorrow morning. six republicans are up for recall. i'll talk to two of their democratic people. plus, members of the wisconsin 14 are here. they will join me live. wisconsin is showing america how to fight back, the tea party is cheering their role in the nation's credit down grachltd john nichols of the nation has the latest on wisconsin and beyond. good evening americans and welcome to theed show. great to have you with us in madison, wisconsin. the eye of the storm for the fight of the middle class in this country. while the focus, the world focus is on wall stree...

bad times. let's play "hardball." good evening. i'm chris matthews in washington. leading off tonight, show us your plan, mr. president. really it doesn't matter whether s&p was right or wrong to downgrade america's credit rating, does it? markets agree. we have a problem. the dow plunged almost 635 points today on the first day of trading after s&p's downgrade. it was the dow's worst day since december 1, 2008. good evening americans and welcome to the ed show. great to have you with us in madison, wisconsin. the eye of the storm for the fight of the middle class in this country. ...

For more on that let's go to john nichols, washington correspondent of "the nation" magazine. three republican victories declared tonight. john, how do you see the other three races? >> well, let me tell you this. i will tell you right now, i believe that jess king will defeat randy hopper. and i'll tell you why. because oshkosh, wisconsin, which is jess king's heartland, it's where she was the vice mayor and a long-time city council member, has not reported. she won that town by 5,000 votes last time. i think she's going to come up. she's got space to move. now, i've got to be honest with you...

See what comes in on her. >> so it turns out as it looks right now it could be one or three. >> it could be one or three. >> as it looks right now. adam green, the pccc co-founder, has done boots on the ground and some amazing work here. your thoughts on what's being reported tonight. it's declared three republicans have won and the other three very close for the democrats. what do you think? >> well, hope is absolutely still alive. three is the magic number. and amazing credit goes out to the boots on the ground. the people of wisconsin who have really been knocking on doors and doing so much...