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They believe that if you raise the stakes on the election, that benefits them because it gets to where this big contrast, the choice they're trying to highlight here, that that's something that benefits them. this may not be a turning point but it's seminal because it goes to how they frame the entire election and talk to the voters in the big swing states. >> they haven't been doing that. it's a self-correcting moment for them to get back ton track and do that. >> obviously they can't just talk about making big choices. they're going to have to follow up with big choices. he can do that well ...

People all across the east coast have lost their power as a result of this storm. but a state of emergency declared in new jersey. be safe on the roads and we'll keep following this for you. >> arthel: meantime, there is a new warning about the future of american innovation, venture capitalist, who has been dubbed the queen of the internet, saying america's edge over global technology could be at risk and that the stumbling economy may be to blame. for more on how the u.s. can get back ton track, let's bring in rich, former managing director at morgan stanley and current ceo of richard desalvo...