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election? because contrary to all of this nonstop coverage of everything november six, something that is going to hit all of us hard on december 31. that is why we're here today. what is at stake today for each and every american today and what could all of that, at the stroke of midnight on january 1. all the bush tax rates, better than $100 billion worth of spending cuts. they all kick in at identically the same time. think about that, as we rifle through this. top rate on capital gain jumping to 20%. dividend taxed at regular income tax rates. child credit, essentially being slash...

could make these folks here and you at home depressed. what is facing us post this election? because contrary to all of this nonstop coverage of everything november six, something that is going to hit all of us hard on december 31. that is why we're here today. what is at stake today for each and every american today and what could all of that, at the stroke of midnight on january 1. all the bush tax rates, better than $100 billion worth of spending cuts. they all kick in at identically the same time. think about that, as we rifle through this. top rate on capital gain jumping to 20%...

>> reporter: what a story, one man in a foreign bankrupt country makes a political decision. europe goes back into chaos. we take a hit and the dow tanks 315 points. that is the circular rotation of this story. last week euphoria, the europeans have a bail out deal. today that deal could be falling apart because of that referendum in greece. result banks likely to take huge losses both over there and here, our economy take a hit if europe goes into recession and we have the dow industrial average down 311 points. that is the situation that president obama is flying into. i into. he w...

next, and angela merkel. this is 40 minutes. [inaudible conversations] [inaudible conversations] ladies and gentlemen, could i ask you to take your seats? those of you who can find any. let me start this session by saying my name is peter sutherland. i'm the moderator of this session and will be introducing the report, and first of all, i would like to welcome the very distinguished panel that has come here this evening who have been responsible for the creation of the report which is the backdrop to the meeting which we have this evening and which i will be referring to leader in so...

tradertalk.cnbc.com. >> bob, you got that right. biggest one-day slide for the nasdaq since february 4th. bob just said it, down 3% today on the nasdaq right here. that's a loss of 73 points. i'll take you through large cap and wildly held technology stocks. look at some of the declines across the board. 3% from cisco and just about 3% from yahoo! and microsoft. ebay leading to the down side today. down 4%, down 4.5%. and down more than 5% and stabilized just a little bit here. but google is down 3% today as is google. get the picture, two, three, four. some 5% declines through big c...