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>> hey, fredericka. the losses are holding steady. the dow down about 436 points. they're off their lows of this session where we saw the dow down as much as 500 points. this is coming after morgan stanley kind of set off an alarm bell saying that the u.s. and europe are looking like they're getting close to going into a recession. morgan stanley also downgrading its growth forecast globally for this year and next. also not helping we got a bunch of economic reports here in the u.s. one on jobless claims showing a rise in jobless claims, the jobs area something that this economy real...

And it's time to come to the table and take the ridiculous plan away. i will work with you, we're in this together and we'll work to find a solution to the budget problems and do it with collective bargaining. >> the wisconsin budget issue became a national issue when president obama stuck his nose in it. 's got more things to be concerned about with the economy, high unemployment. that should be-- >> don't you agree the president felt if it didn't rise, there had he' be a trickle effect that the president would have kept his nose out of it, had it not. >> it may have started anyway, because i...

President obama's overhaul infringes on the liberty of those states and individuals. a quick check of wall street now, mid-week, we're seeing traders giving back some of the gains they had. we flirted with that 11,000, anyway. martha: it loves to do that, doesn't it? it bounces over. bill: you know what they're worried about? they're worried about greece, the headlines out of athens, what impact that has on the rest of europe, and has the trickle effect on the economies like ours. we're watching it now, about eight minutes into trading so far on this wednesday. martha: all right, this is an ...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.