california paramedic bryan stow at a dodg game back in march. they're due in court at 11:30 eastern time. pistole talks about the agency's goal at 2:30 eastern. and 8:30, president obama hosts a dinner celebrating ramadan. we're coming up at the top of the hour. it's suzanne time. it's all yours. good to see you. >> live from studio seven, i'm suzanne malveaux. i want to get you up to speed this wednesday, august 10th. dow jones stocks fell off a cliff at the open today tumbling more than 400 points. right now the blue chips are down at 390 -- well, now 400 points or so. remember, stocks racked up a 429-point gain yesterday. well, the day before they fell more than 600.

republicans already sniping about a democratic choice for the congressional super committee. democrats have named senators patty murray, max baucus, and john kerry to the debt panel. and republicans are complaining that murray shouldn't get a seat because she's too political. she's in charge of fund raising for democratic senate candidates. and 12 lawmakers are supposed to be named to the committee by tuesday. they're there to pinpoint $1.5 trillion in spending cuts by late november. 10,000 extra police officers kept a lid on the violence in london last night. but rioting and looting spread to birmingham, manchester, and liverpool. police will have all tools available to stop what he says are the thugs as he put it. a cnn ireporter describes the

scene. >> you can hear at least ten of them. sounds like i'm in beirut or some -- i don't know, some middle eastern conflict. and i have never witnessed this in the uk. i could have never imagined this. this looks like the gaza strip over here right now. grenades going off left, right, center. >> syria's brutal crackdown is expected to draw a tough new response from the united states this week. government sources tell cnn that the obama administration is ready to demand that syrian president assad step down. activists say more than 2,400 people have been killed in the five-month uprising against the syrian regime. nato says it took out the taliban terrorists who shot down a u.s. helicopter in afghanistan's wardak province last weekend. that crash killed 30 americans

and eight afghans. nato says the taliban leader and the man who fired the rocket-propelled grenade were killed by an air strike. united nations says that relief efforts have not stopped the tide of famine refugees pouring into camps in kenya. the u.n. warning it needs more than $1 billion in donations to feed 12 million people. a million children will die in the coming days if the world does not step up. >> this famine will be remembered as a famine that has destroyed generations of children. and we have, i think we are in a place now that we can actually turn it around. and nobody knows this more than you, anderson, because you are right there on the ground is that there is a generation of children that will be wiped out. police in aruba are

questioning a man about the disappearance of this american woman. robin gardner of maryland was last seen august 2nd. police say the suspect told them he and gardner were snorkeling when he signaled her go back to the beach. she never showed up. gardner disappeared from the same aruban town that natalee holloway did in 2005. colorado springs police say tipsters spotted a trio that could be the siblings. they're accused of taking shots at a florida police officer and robbing a bank in georgia. >> certainly the most important thing here is that if they spot these folks, call 911, don't approach them, don't get anywhere near them. these very dangerous people could be here in our backyard. so keep your eyes open. and make sure that you report

anything suspicious. and take a good look at the photos, take a good look at the car that may be driving. all right. get ready, hold on tight, roller coaster ride on wall street is taking another plunge. stocks nose dived at the opening bell today following yesterday's rally. so what's behind the big selloff? alison kosik at the new york stock exchange. a lot of us are fearful, confused about what is taking place. it goes up, it goes down. tell us what's taking place. what's going on here? >> you got a lot weighing on the market today, suzanne. the dow down 447 points, for one, those european debt issues are back on the forefront. you think we've got debt issues, so does the euro zone. now the worry is that the european banking sector that its problems could spill over to u.s. banks. that's one thing weighing on the markets. then you've got the fed coming out in the statement yesterday warning us to get ready for more slow growth in the coming months. that, of course, is creating this emotional trade, this

fear-driven trade that we're seeing that's not necessarily rational. because usually the market trades on fundamentals, earnings reports, trades on -- it trades on economic reports, we're not seeing that today. you're seeing that negative momentum trade sort of upon each other creating this vicious cycle. and then you've got traders saying what you're also seeing is investors pricing in a possible recession that stocks are getting ready for a possible recession around the corner. and that's why we see such a huge selloff today, suzannsuzan. >> and this extreme volatility, is that the new norm? is that what to expect in the days and weeks to come? >> i think at least in the short-term, i think you can expect to see this kind of volatility. volatility is spiking again today. and until -- until we get symptom good news showing that the u.s. economy is improving, what you're really going to see is this downward trend. and that's exactly what we're kind of caught up in right now, suzanne. >> thank you. when the market starts moving, it's easy for all of us

to get lost in the numbers. we want to hear from you. your stocks, credit cards, student loans could all be impacted by the instability on wall street. we'd like to help. send me your money questions at facebook.com/suzannecnn or twitter @suzannemalveaux. we'll get answers from the experts. here's your chance talk back in one of the big stories of the day. rioters in britain hit the streets for the fourth night despite a huge police presence on the streets. today's question, could what's happening in britain actually happen here? carol costello is joining us from new york. i know, carol, a lot of people are confused by what they're watching in london. they don't understand why this is taking place. can you put this in perspective? >> i'm going to try. you're right, suzanne, it is the great mystery of the day. why are people rioting in london and beyond? is it over the shooting of a

black man after he was pulled over by police? opportunism? because so many young people don't have jobs? or is it entitlement? listen to britain's prime minister. >> it is a complete lack of responsibility in parts of our society. people allowed to feel that the world owes them something, that their rights outweigh their responsibilities. and that their actions do not have consequences. >> british blogger laurie penny degrees. she writes the people running britain had absolutely no clue of how desperate things have become. they thought in the middle of a recession they could take away the last little things that give people hope, the benefits, the jobs, the support structures. wow. if that's true, it sure sounds a lot like us. the american middle class and the poor also thinks their government has no clue and they worry it's about to take away social security, medicare, and medicaid at a time when so many depend on them to survive. for many americans, what's

happening in britain is like looking in a mirror. they're so much like us, but riots in the street? talk back question today. could what's happening in britain happen here? facebook.com/carolcnn. i'll read your comments later this hour. >> thank you, carol. here's a rundown on some of the stories we're covering first. what good will it do if the u.s. demands syria president's step down? i'm going to ask a cia adviser. americans sound off in a new poll about what to cut as the bipartisan debt commission takes shape. and senator john mccain's lukewarm apology after calling tea party members hobbits. >> i am sorry. it was misunderstood. i'm not sorry for what i said. also, how a tractor-trailer got in this precarious position. and later, how do you get from l.a. to new york in 12 minutes? the military tests this out of this world supersonic tool.

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[ male announcer ] want to pump up your gas mileage? come to meineke for our free fuel-efficiency check and you'll say...my money. my choice. my meineke. we are watching the markets very closely. the markets all over the place up and down. we are taking a look at the very latest number. the dow jones now down by 421 points or so as the market volatility increases. and we'll be keeping a close eye on all of this, the uncertainty around the markets today. new reports of heavy gunfire, explosions, tanks targeting protesters in syria. activist groups say that security forces are on the attack today in several cities.

u.s. government sources telling c, this n that washington might call for syrian president assad to step down. the move is expected in the next couple of days. our national security contributor fran townsend joins us from new york. she's a member of the cia and department of homeland security a advisory committees. it's so upsetting and frightening. and the international community is looking to see what needs to be done to stop the violence. what do you think is going to happen if the u.s. issues this explicit call for president assad to step down? >> well, look, we've -- this has been coming, right. we've heard increasingly strong language that assad doesn't have the legitimacy to govern, that assad needs to go, there needs to be reforms. the administration and working in the u.n. have put additional sanctions in place.

there are rumors there's going to be additional sanctions. but this is -- we need more than statements. you need to make this really painful for the syrian government and its leadership to continue to behave in the unacceptable, outrageous way they've behaved. i think king alababdullah's statement -- and so increasing sanctions, increasing those sort of pressure moves will be useful. but i mean, look, we can't sit by as the international community and continue to let china and russia defeat the u.n. security council in increasing international pressure. >> what's next? what do you do. syria's death toll has now reached 2,417 or so, united nations security council is going to be meeting today to discuss this crisis that's taking place. and you do have the arab leagues, the cooperation council. many other countries stepping in making rather bold statements. but is any of that going to make

a difference for assad? >> well, what you now need the arab countries to do -- and my understanding is the united states is working with the arab league in the gulf countries, you need them to directly pressure russia and china to stop the stall tactics in the u.n. security council. look, any more discussions are not useful unless they have outcomes in the security council as the death toll rises. and saudi arabia and other countries in the gulf have tremendous leverage on russia and china through these trade relationships. and so they need now to not just make public the arab countries but put pressure on russia and china to permit this to have stronger, more teeth to the u.n. security council. >> fran, why should assad cooperate? when he sees what happens, mubarak hauled to court, charged with killing protesters, shouldn't he just fight it out? is there any reward for assad to step down quietly? >> well, right now -- look,

unlike gadhafi who has been indicted by the international criminal court, that hasn't happened to assad yet. and from his perspective, he may be able to stall that. until he's indicted, he at least has that that he can try to leverage to avoid. you know, it's a problem when you see things -- when he sees something like mubarak, a former u.s. ally, i would not put assad in that category. until he's indicted, he has some hope he can walk himself back from. it may have gone too far. >> all right. fran townsend, thank you very much for your perspective as always. thanks, fran. well, three down, nine to go, but one member of the debt super committee is already coming under fire. details of the live report from washington. and a real head-turner. on a texas freeway. check this out. a truck driver loses his trailer, ends up in a really bizarre position. [ male announc] it's a fact:

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vote by texting 22630. text one for shoe shine worker, text two for dreamliner unveiled, or three for ultra-marathoner. a tough job. three of the people taking it on have already been chosen. we are talking about the congressional super committee that has that to slash the deficit by $1.5 trillion. it's going to consist of six democrats and six republicans. senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell and house speaker john boehner each appoint three members. well, reid announced his choices yesterday. senators pat murray, max baucus, and john kerry. the others have until next tuesday to name their picks. i want to bring in our cnn correspondent joe johns. joe, first of all, tell us, what do we expect from the three we do know? who are going to bring it to the table? do you have any news? >> actually, suzanne. i do have some news, actually.

just a moment ago i got a statement from house speaker john boehner announcing his selections to this committee. and those selections are as follows. house republican conference chairman jeb hensurling, and fred upton. these are the three people house speaker john boehner says he is naming to this committee. so we now have a total of six people who have been named to this committee. they have a deadline of next tuesday before they actually have to have this process completed. and then these people can get down to the business of figuring out the spending cuts or other measures that they're going to take to try to close some of the spending deficit, suzanne. >> we already know there are some complaints from the republican senator patty murray who was selected on the democratic side for being a

partisan. those new names that you have, the republicans, do any of them stand out in any way or strike you in any way as might -- might be objectionable to some of the democrats? >> well, quite frankly everybody i'm looking at here i think can be described as a loyalist to the speaker of the house. there are, for example, jeb hensarling is one of those people who i believe you can safely say has the ear of conservatives in the house of representatives as do the others. so i'd like to think about it a little bit more before i give you some broad picture, but i can also tell you, for example, the chairman of the house ways and means committee, dave camp, this would be the chief tax writer in the house of representatives. so this is a guy who will be able to sort of face off with the chairman of the senate

finance committee who is a democrat, who has also been nominated. so it looks like they're pretty well placed and evenly matched as it goes right now, suzanne. >> a fair fight, i suppose. we expect there might be a little bit of fighting going on, but they're going to try to come up with some sort of bipartisan solution. joe, thank you for presenting the news for us. and we'll get back with more details as it develops. there are some lawmakers spending their summer vacation getting an earful from their constituents. at a town hall meeting, john mccain, he was taken to task for a comment that referred to tea party members as hobbits. he was also told that congress needs to work together to deal with this mess. >> -- because the ideology, i want to see you working together. that means democrats, republicans, that means tea party, hobbits as you may call them -- and all these other people.

>> does that mean that you think we should agree to raise taxes? >> yes. >> okay. >> i got it. >> i said that if anyone misunderstood what was reported by the media, i'm very sorry about that. i am sorry it was misunderstood. i am not sorry for what i said. >> mccain was quoting from a "wall street journal" editorial when he made the hobbit remark during the debt ceiling debate. we're taking a cross country look now at some of the other stories we're following in houston. this is a bizarre accident on a busy freeway. the tail end of a tractor-trailer got stuck on an overhead sign.

the driver says the trailer started to rise as he drove down the highway. it separated from the truck, ended up on the sign. in massachusetts, a lucky break for three fishermen. their boat went down off of martha's vineyard, sinking so fast they didn't have time to grab anything. somehow a radio broke free from the boat, floated to the surface just feet from them. they used it to send out a may day call and the coast guard rushed to the scene saving all three fishermen. and in nebraska, this is a storm you surely would not want to be in. we are talking about hail as big as golf balls that fell. the video that's coming from some storm chasers. and it is also another rocky day on wall street. what are the numbers? what do they mean for you, for me, for all of us? send me your personal finance questions about the market downturn. and our financial experts are going to get you some answers.

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breaking news. i want to go back to joe johns who is reporting on more announcements.

those appointed to this special super committee, congressional committee to deal with the budget deficit. joe, what do you have for us? >> well, senator mcconnell, the republican leader in the senate now has released his picks for this new super committee. and they are as follows, just sort of cut right to the news. senator jon kyl of arizona, pat toomey of pennsylvania, and rob portman of ohio. these are all very interesting picks. the first one i would highlight for you is pat toomey who ran the club for growth, which is a conservative organization and all likelihood would be very much opposed to tax cuts, which is some -- or tax increases i should say which is something that democrats would likely be pushing for in some form or another even though they call it revenue enhancers. rob portman, former guy who ran

the office of management and budget. so he knows the numbers very well. that leaves just three more members of congress who need to be named. those three members would have to be named by the minority leader in the house of representatives who is nancy pelosi, the former speaker. so we're still waiting for her. we have 8 of the 12 members selected. and sounds interesting to sit in that room to figure out how they get organized and go forward to make these $1.5 trillion in recommendations for budget cuts that have to be voted on right before christmas. >> certainly sounds like from the group being named and listed so far that you've got various opinions, a wide range of opinions and people who are going to be that group. i'm only wondering how they're going to come up with some sort of consensus. but clearly these are the people that they're going to put in that room and try to hash something out. do we expect nancy pelosi to actually make an announcement

today or fairly soon on the rest of the committee members? >> well, i've been checking in and haven't heard anything from them as yet. and, you know, that -- those are the last three people to go. it's funny, suzanne, you talk about this issue of how they're going to reach consensus. so many times when people are fo formulating committees and boards, even in law school they recommend don't have an even number because what do you do if there's a deadlock? well, this is an even number. it's 12, 6 democrats and 6 republicans. and, you know, i'm already asking the question. if they do get tied up, where's the tie-breaker? it could be a tough job for them. >> indeed, a tough job. i'm going to be speaking with alan simpson later. he was one of the members -- co-chairs, you may recall of the president's congressional committee to deal with the deficit and they had recommendations, bipartisan group. the president did not endorse

their recommendations, really didn't go anywhere. we'll ask him what he thinks those members should be doing when they sit in that room and try to hash all this out. joe, thanks again, we'll come back to you if you get those other names of the democrats, as well. >> will do. here's a rundown of some of the stories we're working on next. how to cope with this roller coaster ride in the stock market. our financial guru has some calming advice. then, what to do about your 401(k) if you're close to retiring or far from it. and later, your answers to the day's talk-back question. could the rioting in london happen here in the united states. er. that hurts. it's not like i really had a choice. snack on this. progressive's "name your price" tool showed me a range of coverages and i picked the one that worked for me. i saved hundreds. wow, that's dinner and a movie. [ dramatic soundtrack plays ] this picture stars you and savings. but mostly savings. out there with a better way.

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it's been a volatile couple of weeks on wall street to say the least, and today is proving to be no better. after a comeback yesterday, the dow jones down now by 424 points or so. so what is all the back and forth mean? for you, your money, all morning

long we've been taking your personal finance questions. i'm joined by clyde anderson. thank you for returning. >> my pleasure to be here. >> the e-mails have been blowing up here. facebook, twitter, people are asking a lot of questions. i want to read the first one to you here. gena says i went through bankruptcy in 2006, just got a credit card again this year to build back my credit. is it better to pay the card off each month in full or to carry some balance, pay more than the minimum each month? >> i tell people it's good to always pay more than the minimum because it'll take you forever to pay the credit card off if you're paying the minimum. but one of the things to remember, credit is a game. you need to keep about a third of that balance on there. they want to see something on there. pay a little bit of interest on it, but pay it down continuously, but don't always pay it off. you may not get the same effect. what she's needing is to boost that credit score up. >> don't pay it all off? >> just keep a little bit of balance on there. i say about a third, but then go ahead and use it and pay it down

again. >> all right. here's another person who weighed in on this. ellie says i have about $9,000 in liquidity, and i have no debt except my car loan with zero interest. i'd like to put some in an investment which earns more than my 1.1% savings account, but i'm unsure what investment to go with and how much i should put in. >> i think the first thing -- all this buzz with stock market and investing. some people need to make sure they have a solid plan. she's got $9,000, and that's all she had. she really needs to have three months of savings at least saved up before she thinks about investing. but if she wants to get into investing, mutual funds are a safe route to earn a little bit more than the 1.1%. but again, have that solid plan and make sure she's got that reserve because cash is still king. >> cash is still king. this one comes from summer. should i continue to contribute the maximum to my 401(k)? or should i pay down our home

equity line of credit? >> what you have to look at here is how much is she paying on that home equity line of credit? that's the first thing. if her company is matching her dollar for dollar, she wants to make sure she's getting the full match. i say go ahead and max that out on the 401(k). home equity lines of credit have little or low interest rates, especially what we're going through right now with these rates dropping it's probably not high interest rate. i would say go ahead and take that time to weigh that out, but maximize your dollars on the 401(k) first and then kind of attack that or have some sort of strategy to make sure you're putting something toward that equity line, as well. >> and the last one, facebook coming from joanna. as a current college student with numerous loans, what advice can you give me about protecting myself when i graduate? should i attempt to pay off interest while i'm in school? >> student loan debt still has a pretty low interest rate. and i would say don't rush to it, but communicate with them. they give you several options. usually they don't require you to start paying until 6 month

after you graduate. so you want to make sure you know what's available to you and again start paying that interest or loans off at that time. i wouldn't say to rush and start paying that, establish yourself as you're getting yourself out of college and make sure you have a foundation built first. >> you're going to stick around for us, right? >> i'll hang around. >> we need you. thank you very much for your advice. appreciate it. well, a reminder to vote today's choose the news winner, text 22360 for the story you'd like to see. one for shoe shine worker. a man trying to save a dying industry with a unique hard sell is turning heads and feet his way. text two for dreamliner unveiled. a look at the new plane that's supposed to revolutionize air travel. text three for ultra-marathoner. a man who tries to run 13,000 miles from the north pole to the south pole. that's pretty incredible. winning story's going to air in the next hour. well, the anticipation now is building for texas governor

rick perry. will he be president obama's next republican challenger? we've got the inside details on the cnn political ticker up next.

after months of bitter political warfare, wisconsin republicans have held on control of the state's senate. democrats had hoped to turn popular anger against governor scott walker's budget cutbacks into political sea change. well, that didn't happen. the democrats needed to win three seats to shift power, but could not pull it off in these recall elections. paul steinhauser, part of the best political team on

television is live from the political desk in washington. so, paul, tell us what happened here. what does this indicate? the fact that the republicans were able to come out on the winning side of this. >> republicans will tell you, suzanne, that this is validation, the republican governors, the freshmen elected last year in the midterms with spo support from tea party activists, they will say this is elevation with the budget cuts. they will tell you that. democrats will say the opposite, but they did hang on, and because of this, they will still control the state senate in wisconsin, and it is a victory for them at the polls. listen, this was a national story, not just a wisconsin story. it has implications and reverberations around the country what happened here and republicans are rejoicing today. there was a lot of money spent on this. these were local elections, but a lot of money spent not only by labor unions and progressive

unions, but tea party groups. trying to get republican voters out there, and i guess it worked to a degree. >> and one republican a lot of folks are watching is texas governor rick perry. a lot of buzz around whether or not he's going to run. what do we know? >> i guess you could say that rick perry is going to be a frequent flier this weekend. a political hat trick. earlier this week we learned he'll be in wisconsin saturday while all eyes in iowa. he's going to give a speech in south carolina at a conservative conference, and he's going to pretty much say he's running for president without saying those words. he's going to hint that he's going to make his intentions known. but what does he do later that day? he goes to new hampshire, and now we learn he's going to be in iowa on sunday. he's going to hit all three of those crucial early-voting states. a hat trick for rick perry this weekend. suzanne? >> appreciate it. the latest political news, you know where to go, cnnpolitics.com. well, the fluctuating stock market is making a lot of people

anxious about their 401(k)s, we're all feeling it. today is another good example. right now, the dow jones by 394 points is down. alison kosik is here with tips. give us a sense of what we should be doing here, we have a lot of questions about this. what do we do with our investments, particularly those who are close to retirement? >> it's no surprise, suzanne, people are worried. according to a new cnn/orc poll, 55% of americans say the drop in the stock market affected their financial position. whether you're young or a few years away from retirement. there are important steps to take to limit the damage. matt mccall says, first, don't panic. making emotional decisions are typically the wrong ones. long-term investment choices that influence your retirement should not be based on short-term market volatility that we're seeing now. so changing your entire portfolio strategy is not a good

choice. if anything, look at the widespread weakness as an opportunity to buy into solid companies at a discounted price. it's similar to walking into a saks fifth avenue with a 25% sales sign in the window, suzanne. >> it's good for long-term investors. folks who have time to essentially wait this thing out. but what about people who are really just about to retire? what are their options? >> okay. so for soon to be retirees, it's a totally different story. if your portfolio is diversified, you're most likely weathering the storm just fine. but those who are overly aggressive may be taking a hit. it may be a wake-up call to change your strategy. he recommends reducing your exposure to stocks and play it safe, invest in high-yielding investments that can offer downside protection if the market should fall again. also mccall says keep a portion of your portfolio in cash to lower the risks of those market fluctuations that we're seeing. suzanne? >> all right, alison, don't go anywhere. we're asking what are the things

you can do with your retirement accounts to prepare for the kinds of drops that we're seeing in the market? alison's going to answer that next. [ male announcer ] it's a fact: your nutritional needs can go up when you're on the road to recovery. proper nutrition can help you get back on your feet. three out of four doctors recommend the ensure brand for extra nutrition. ensure clinical strength has revigor and thirteen grams of protein

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we're back with alison kosik, taking a closer look at retirement accounts. and alison is here to help us sort this out. how can we be ready, financially, when you look at these drops in the markets. is there any way to actually protect your nest egg? >> i'll tell you what. tough times call for a little preparation, suzanne. and there are several ways to help cushion your financial nest egg.

a senior editor at "money" magazine says it may seem obvious, but try to save more and spend less. the more you save, it's better off that you've saved more so you can have them when emergencies happen. also consider having liquid assets at hand. you know, money, cash is really king. having liquid assets at hand, you know, money. cash is really king. and having a decent amount of money in an fdic account yields a good term. and so if you are close to retirement and worried, talk to a financial adviser before making any huge move. suzanne? >> thank you. good advice as always. a fourth night of violence in britain. that brings us to today's "talk back" question. carol costello has your responses. >> the "talk back" question

today, could what is happening in britain happen here? this from ben, what is scary is our access to weapons, which is a major concern. it's how this country was founded. u.s. history 101. politically motivated hull aguns. and if it did, my anger would be towards the opportunists and thieves. this from tony, no, we riot about important things like when our sports teams win championships. sadly that is so true. facebook.com/cnn. you have a sports story. >> how did you know? i know you are a football fan. this is a new england patriots's

player. chad ochocinco. he is getting acquainted with his own town. he is planning to stay with the team's fans. it will be a good way to learn his way around boston. he got lost over the weekend. could not figure out how to get where he needed to go. he said there is one catch with his new roomie, he says he cannot live without the internet or xbox. whoever he lives with, they have to be well stocked and hooked up. could you live with a stranger? >> no. i don't think any fans stepped up and said i would love to be his roomie, but i am sure he would have takers. i am sure in foxborough, there may not be that many exciting

things to do, i don't know, don't hate me, but it's kind of cool. >> we're going to follow-up on the story and find out who is his new roomie, huh? >> i will be interested to know. we know it's not going to be you because your husband would not approve. >> i don't think he would like that, no. >> we will talk to you in a bit. thanks. hundreds of people showed up at a job fair in los angeles, many telling us they have to reinvent themselves and their careers. we will hear about what they are doing to stay afloat. from my worst allergy symptoms. so lily and i are back on the road again. with zyrtec® i can love the air®. of these abandoned racetracks in america today. automotive performance is gone. and all we have left are fallen leaves

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a reminder to vote for the choose the news winner. text "1" for shoe shine worker. a man trying to save a dying industry. text "2" for dreamliner unveiled. a look at a new plane that is supposed to revolutionize air travel. "3," for ultra marathon runner, from the north pole to the south pole. winning story will air in the next hour. almost half of the americans who have been out of work have been out of work for six months.

americans are trying to come up with ways to reinvent themselves and their careers. sandra endo has their story. >> reporter: hundreds show up to find work. these are their stories. we have been out of work for five months and need a job. >> i have sent out so many resumes online. shortly thereafter, my wife was also laid off. >> i am looking for a part time job, anything that can keep afloat. >> i a new husband looking for work with a pregnant wife, and that's stressful. >> so the hunt begins. >> are you looking for sales positions or managers? >> how has the process been? >> there are job postings out

there, but there must be a flood of people applying for them, because it's so difficult to get a callback. it's like a hustlers market, you have to hustle and see what you can grab. >> reporter: and in the meantime figure out ways to improve beyond. >> i had to reinvent myself to go back to school, and i am networking and going out and meeting new people all the time. >> i people who are working hard and have special kids, it should not the be a problem. top of the hour. i am suzanne malveaux. want to get you up to speed. buckle up, today's ride down wall street is a bumpy one. and right now blue chips are

down. we're looking at 371 points. and alison kosik is at the new york stock exchange. we have been watching very closely on one hand, the stocks were way down on one happened and way up and then way down. what are investors thinking? can they make up their minds? >> looks like they cannot make up their minds. look at the good news. you know, the reason we're seeing so many wild swings, suzanne, is because what you are seeing is not rational trading, but you are seeing fear gripping investors and trading on the fear and trading on emotion. the fact of the matter is a lot of investors feel like they are flying blind. nobody has an idea of what is coming next and don't know where the economy is headed. usually the market trades on fundamentals, when an earnings report comes out and we're not seeing that trading today. that's why it's so vaolatilvola.

the fed downgraded the forecast for the u.s. economy for the third time this year saying good ready for more slow growth, and you are seeing that concern played out on wall street here today. suzanne? >> thank you. republicans have just named their six members of the congressional super committee. that panel is supposed to find $1.5 trillion in spending cuts by late november. the republicans are senators jon kyl of arizona, and pat tumi of pennsylvania, and portman of ohio. and from the house, they chose jeb of texas, and upton of michigan. republicans are complaining that murray shouldn't get a seat because she is too political. republicans keep control of the wisconsin state senate after

this bitter recall election. democrats only took two of six republican seats. they needed three to take charge of the senate. the recall was a referendum on the recall. nato says an air strike has killed the taliban insurgents who shot down the helicopter last weekend. it went down and killed 30 americans and eight afghans. cnn just learned the pentagon will make the names of the dead american service members public, and that is unusual because 22 of those killed were u.s. navy s.e.a.l.s, and they operate in secret sea.

british prime minister david cameron said they will do everything they need to restore order, and he says the rioters are nothing but thugs. >> we need a fight back, and a fight back is under way. we have seen the worst of britain and i also believe we have seen some of the best of britain. syria's beautiful crackdown is expected to draw a tough new response from the united states this week. government sources tell cnn the obama administration is ready to demand that syrian president step down. activist say more than 2,400 have been killed in the regime. police in aruba are questioning the man about the disappearance of this american

woman. she was last seen august 2nd. the suspect told him they were snore coming and she was never seen again. a town recently found out it had a $700,000 surplus. it is refunding the money to business and homeowners. checks range from $150 to several thousand. >> i don't believe it. we were like, are you sure? >> that's an indication that the town is doing their job and spending their money wisely. >> if a little town like this can do it, who knows what the big towns can do. we're getting more details on the newest members' name to

the debt super committee. the panel is going to try and slash the deficit by $1.5 trillion for more on who these folks are, the challenges they face. we want to bring in cnn's joe johns back in who is in washington. explain to us the members on the panel so far and how the political chess game will play out? >> senator republican leader, mick mcconnell, chose jon kyl of arizona, and he is a minority whip and a member of the senate finance committee, and that's important for a lot of reasons but what is interesting about it, he did not select orrin hatch, who was the top senator on that committee. and so kyl is a leader and has the leadership's ear, and that's why he came on because he knows

about the finance committee. pat tumi is another interesting person. senator pay toomt to pat tumi o pennsylvania. anybody that knows the club for growth, it's an organization that is concerned with cutting spending, and scaling back taxes in the united states. so he is one of the conservatives that will stand up on the idea that the problem is on the spending side and not on the revenue side. portman of ohio, a lot of representation from the midwest. rob portman is a former budget director under president bush. he is a guy that knows the numbers very well. he is also a guy that a lot of people are able to talk to. those are three interesting people that come on the senate side. now, the house side, suzanne,

these are the choices from the house speaker, john boehner. he put in the republican congress chairman, hen scerling. he says the debt crisis is a legitimate concern and the american people cannot afford to wait any longer on this issue, and he says everybody can agree that we have to stop spending, and the time to act is now. so sounds like he is raring to go. and the interesting thing i have to say, there are two members on this committee from michigan, dave camp, and congressman fred upton, the chairman of the energy committee. >> do we expect anybody from the democratic side to take issue with some of the republicans

that have been selected? >> all is fair in love and war, and we know on the senate side, when the choices from harry reid came out, the republicans immediately started yelling about the senator from washington state who had actually been in there, and you see her, patty murray. house and senate make their own rules. they decided this is the way they were going to do this, put 12 members on, six from each side, and what are you going to do about it? >> do we expect nancy pelosi will make any announcement anytime soon? >> well, it's different on the house side from the senate side, and that's because the senate, there are some members that have to worry about re-election, and some who don't. you know the way it cycles in and out. on the house side, everybody has

to worry about re-election. whoever you put on the committee is going to have to fight it out and try to get their job back if they want it. >> we know you will be following the food fights happening there. >> that's for sure. >> thank you. >> you bet. here is your chance to "talk back" on one of the big stories of the day. rioters hit the streets despite a huge police presence. today's question, could what is happening in britain actually happen here? carol costello joining us from new york. people confused of what is taking place there. they don't understand what initiated that violence? >> great mystery of the day. why are people rioting in london and beyond? is it opportunism? is it entitlement? listen to britain's prime minister.

>> it is a complete lack of responsibility in parts of our society, people allowed to feel that the world owes them something, and their rights outweigh their responsibilities and their actions do not have consequences. >> a british blogger disagrees, and she says the people running britain had no clue how desperate things had become. they thought after 30 years of soaring inequality in the middle of recession, they could take away the last things that gave people hope, the benefits, the jobs, the support structures. if that's true, it sounds like us. the middle class and poor also think the government has no clue, and now the worry they may take away medicaid and social security when that's what they rely on to survive. riots in the streets? the "talk back" question today, could what is happening in

britain happen here? facebook.com/car facebook.com/carolcnn. here is a run down over the stories we're covering next hour. they are in charge of making the hard choices after the deal. but can the super committee find compromise. and a bizarre accident in houston that drivers cannot turn away from. and does the volatile economy spell disaster for the president's re-election bid. and why this golden retriever helped a grown girl get through some tough times and tough testimony. how to save the children in somalia's deadly family. dr. sanjay gupta talks to doctors in a race against time. >> what keeps you going is you have to come back and do

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revolutionize air travel. we will show you why it's drawing so much attention. third choice, 13,000 miles, 14 countries, an ultramarathoner attempts to run to the north pole to the south pole. can you vote by texting "1" for shoe sign worker, and "2" for dreamliner unveiled, or "3" from ultra marathoner. winning story will air later this hour. texas authorities just release add new mugshot of warren jeffs. he was found guilty of sexually assaulting two girls that he claimed were his spiritual wives. in new york, a legal battle that you might not expect. caught in the middle of this is a golden retriever named rosy. she was allowed to be in the witness box to comfort a teenager girl that was testifying that her daughter had

raped and impregnated her. the man was convicted and now the lawyers are appealing claiming the dog may have influenced the jury. sun sunny hostin joins us from new york. how common is this? >> it's not something new. i would say it's unique, but it's not uncommon. it started in 2003, and that's about the time that i left the u.s. attorneys office. i used to try child sex crimes. there was a movement when i was with the u.s. attorneys office to try and figure out a way to make child victims, witnesses, more comfortable. one of the most difficult things is to get a child victim on the witness stand in a courtroom to

face the person that has been abusing them sexually and physically. so typically there are child victim witness advocates in the courtroom, but they are not seated right next to the witness, they are seated in the courtroom. many children have reported that that made all the difference. this is a natural extension of it. it is used in a lot of courts, and it's used in arizona and hawaii and identify hoe and indiana. it started in 2003. it's sort of the natural extension of victim advocates, and believe it or not, there have been court cases of children holding teddy bears. a court said that was okay, and so while i think this is news to so many viewers, it's a growing trend. >> sunny, does the laura peelwy appealing now, does he have a case? >> i think he does, actually. this is the first time that a

therapy dog has been allowed in new york. as i mentioned, it's allowed in other jurisdictions. courts grabbles with this, because a defendant's rights when accused are paramount. there have been studies done that viewers -- rather jurors do have empathy towards victims when they see this sort of dog therapy -- a therapy dog with a witness, and so there is i think a valid legal argument. who knows how the court will decide. but i will say this is an extremely important, important case for victims, victims rights? >> let us know how it turns out. >> i will. and turning to tough budget decisions. we know the names of nine of the members of the super committee.

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so what if congress's new debt super committee can't come to an agreement on what to cut in the federal budget? what then? a trigger mechanism will force steep across the board cuts in spending, including the military. within the last hour, we learned the names of six more members of the debt super committee. nine of the 12 members have now been chosen. house minority leader nancy

pelosi still has to name her three picks. members of the committee, they have a tough job ahead of them, of course. we need to get perspective of some who have been there and done that. and allen simpson served as cochairman, and he joins us via skype. thank you for joining us here on "cnn newsroom." you spent a good deal of time to tackle the deficit, and led to your recommendations that the president did not end up endorsing. are the committees going to be able to get anything done? >> it will be a tough hall. the reason i am holding this to my ear, because my ear has been chewed off by various people in the last few months. but i am watching the selections

coming on, and there are very good people there. you get rob portman, and camp and hensarling, and max, he may have some problem with conrad. but john kerry realizes the import, and patty murray is highly partisan and chairs the senatorial -- >> some people think she will be not productive, and you put somebody against her, like pat

toomey, how do you like those together? >> they said andy stern -- wait, andy stern, what kind of a guy -- tom coburn, you don't mean him? well, they became good friends and worked together and gave us the suggestions we used on how to get money out of the defense problem without hurting the security of the u.s., and there is plenty of fat in there. i will tell you. leon pennetta he will -- oh, man, when you see the extremes in there, it will take a while to establish trust, but they don't have three months to establish trust like we did on the commission. they are going to jump in here, and by thanksgiving they will be thankful it's thanksgiving, because it's going to be a rough hall. they will have to do more than what they have been asked to do to succeed. >> they have less time and it's a partisan group of people and

you guys managed to come up with recommendations, the bipartisan group. what do these women need to do when they sit down and talk to one another. >> they sponge away any need to get more information. they say we have a gang of six plan, or the obama plan, we have the boehner plan, the reid plan, and we don't need to sit around and gather more information. we have the reports, and we know exactly what is going to happen to social security in 75 or 30 years. no more fun and games. we know whether you call it obama care, i don't care, you have to do something with a totally unsustainable thing on automatic pilot, that's what you sit down and start mucking around in. the defense budget. you talk about tri care, and aflewance testing, and people who are on medicare and they could buy this whole county, and

they get a heart operation and don't get a bill. >> it will be very painful. you used a med afore, it's like getting birth to a porkpine. is it more about cutting services? >> it's about tax reform. these tax expenditures which are on the books, they were stunned to find $100 trillion in the code, no oversight, no nothing, and all backed by some of the toughest lobbying groups you have ever dealt with, and there they are, $1 trillion, $100 billion a year, and we said get rid of them all, and they can't

do that, but take $100 billion, and drop it into debt reduction, and take the other and lower the base, and merry christmas, and we said zero to 70,000, you pay 8% tax, and 70,000 to 210, you pay 14%. if that's called a tax increase, that is as tom coburn says, it's ludicrous and deceptive. >> we will have to see if the commission goes for that route when they are looking at this, whether it will be tax code reform or not. we know your committee, your commission had detailed specific recommendations, and ultimately did not go anywhere.

we're hoping to see what comes out of the next -- >> the reason it didn't, is because it's specific. that's when the groups come out of the woodwork, when they see theirs come up on the screen, that's when they go crazy. >> senator allen simpson, thank you for your perspective. thank you. we appreciate it. got breaking news here. i want to bring in brian todd out of washington. we have an update on the fugitive siblings that were basically on the loose that i understand that perhaps they have been captured. what do we know? >> well, suzanne, i just got off the phone with clark taylor, the sheriff of pueblo county, colorado. they do have all three of the siblings in custody. ryan edward doherty, and lee grace doherty, and dillon stanley, a half sibling of the other two. they do have them in custody right now.

he told me that this began today as a high speed chase south of pueblo in colorado city, colorado. he said they spotted the three in a white vehicle, and made off after them. he says the vehicle took off and a high-speed chase ensued. it went 20 miles south on i-25 in colorado, and the vehicle crashed and one of the three got out on foot. i asked if any of them tried to flee, and he said he did not believe that they did. he is getting the reports from his officers. so this has apparently come to an end in an area south of pueblo, colorado. they went through a town in southern colorado, off i-25. he said some shots were fired during this high-speed chase, or at least during this prolonged incident this morning. he said that he has unconfirmed reports, unconfirmed that there is one person injured. it's not a law enforcement

officer, and he says the injury, if there is an injury is not life threatening. these fugitives wanted in connection with the attempted murder of a police officer in florida and a bank robbery, all of the three siblings are in custody. that's according to the pueblo colorado sheriff. >> since they were arrested in colorado, but they were committing crimes in florida and in georgia, i wonder where they might be tried. do we have any sense of which jurisdiction, or is that something that they have to sort out? >> i imagine, suzanne, that's something they have to sort out, what jurisdiction might get priority over this. maybe they would base it on the degree of the severity of the crime committed. in that case, what is the more severe crime? i am not sure about that. plus, whatever the incident was that occurred today in colorado, the sheriff did tell me that

shots were fired, so you know, we are not quite sure how that was, so you have possibly three states here, and who knows whether there may be more states involved. they made their way across the country, so you have a lot of jurisdictions to sort out here. >> this family, the siblings have now been captured and arrested. thank you for the breaking news. we will obviously get back to you if we get more answers around that. thank you, and we'll be back after the break. [ male announcer ] to the seekers of things which are one of a kind. the authentic, the rare, the hard to define. to those always searching for what's pure and what's real from we who believe we know just how you feel. haagen-dazs.

president obama's toughest opponent in the 2012 election may be the job market. historically presidents don't usually get re-elected in unemployment is on the rise. john foreman tells us that could mean trouble for the president. >> forget about all the the polls for a moment and consider the possibility that jobless numbers may be one of the better barometers on whether or not somebody can get re-elected. just in their re-election bids, and i will show you something

very interesting. in almost every case, the truth is if the numbers are moving in their favor in terms of the jobs, they get re-elected and if not it's not true. 1956, unemployment was moving down and it was at 3.9%, re-elect re-elected. johnson, unemployment moving down at 5.1. nixon, re-elected, moving down, and ford -- remember, he is a special case because we were coming out of the nixon years. and carter, unemployment was moving up. he was defeated. you get into reagan. unemployment moving down, and he was re-elected. bush, moving up, he was defeated. clinton, moving down, re-elected. bush, moving down, re-elected. and this is a relative thing. these are fairly big numbers here, and certainly compared to 3.9% over here with eisenhower. and yet the trend line was

moving their direction, they were re-elected. so what does that mean to president obama? let's look at the trend line in his case. unemployment was already coming up when he went into office, before this point when he took office. look what happened after he took office. that trend line kept soaring, and it is pretty much stayed there the whole time. this is a very difficult thing for any sitting president to deal with. it's not just a number of 9%. it's a relative sort of thing. let's look at ronald reagan for a moment. ronald reagan had terrible numbers at one point. look at this. soaring up to almost 11%, and before he had to be re-elected, look what happened. it fell, fell, fell. the trend line for america looked positive. the question is, does the trend line hurt president obama? the numbers will suggest it probably does at this point.

can he hit certain key states, and maybe, but even there it looks difficult. iowa, 6%, not bad but moving up. and minnesota is promising, because it's moving down, and it's a small number. but look at michigan. there is it moving down, but the numbers are terrible. it's still 10.5 now, and it moved down from 11.3%. look at those in unemployment and push the polls aside and you can see why president obama has a big challenge on his hands. we will talk to alison kosik and david gergen more about the president's challenge after this brief break. yes, it's new beneful healthy fiesta. made with wholesome grains, real chicken, even accents of tomato and avocado. yeah! come on! [ barking ] gotta love the protein for muscles-- whoo-hoo! and omega-rich nutrition for that shiny coat.

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it's not just the job market, but the economy in general that could hurt president obama's bid for re-election.

alison kosik joins us from the new york stock exchange, and cnn senior political analysts, david gergen joins us from cambridge, massachusetts. let's start off with you, alison. we know unemployment is a strong indicator of how americans will vote. >> suzanne, the fed's biggest concern is overall economic growth. the fed did mention inflation yesterday saying prices rose after the earthquake in japan hit america's purchasing power and that was a temporary factor. and the long-term focus for the fed and voters is still likely to be jobs and the economy. >> alison, did the fed in keeping short term rates near zero for another two years, did they do enough? could they have done more to insure investors? >> you have to look at what the fed has done up to this point.

it kept interest rates low. it injected $2 trillion into the economy over the last two years, and was that enough? that is up to debate and controversial. some say no it has not done enough. but the fed may not be finished yet. and look at yesterday's statement. it said, quote, the committee discussed the range of policy tools available and is prepared to employ the tools as appropriate. the translation here, we're here to do more if needed. we saw something similar before we got the latest bond buying program that ended in june, and some say there could be more stimulus on the way. >> thank you, alison. if the fed manages to stop the bleeding is that enough for the president to win another term? >> no, absolutely not. the president has two problems on his hands. one is a lousy economy, and secondly a growing perception that is is ineffective in

dealing with it. the best way to win an election is to stop campaigning and start leading. try to bring more certainty and stability, and people are scared now. >> a lot of people that we talked to, a lot of supporters of the president felt the moment the u.s. credit rating was downgraded was a big blow to the president. do you think that think something premature right now? >> erin burnett has said a downgrade has been followed by actual growth and prosperity within six to nine months. i don't think it's permanent. it's an albatross for him. i think if he can get the economy moving and creating jobs, that's the number one concern for most americans.

and i think it was a mistake to put him out there on 2:00 to stabilize things and the market goes down significantly. he has to be seen being a leader. he has to be in a situation where he is not presidential candidate 2012, he is president of all the people trying to find answers, coming up with an action program. >> how does he do that? how much is the economic recovery out of his hands and out of his control? >> well, the way washington has been acting, it's out of his control and the market is running things. the question of leadership is trying to reassert control and insert authority where where it goes. it's the president's job to help bring hope, and to help bring more confidence back. franklin roosevelt could not solve the depression.

he could not get us out of the valley rapidly, but he did build a bridge of hope across the valley. that's what good presidents do. >> david gergen, thank you very much, and alison kosik as well. a reminder, text 22360 to vote for the story you would like to see. text "1" for shoe sign worker. a man trying to save a dying industry with a unique and hard sell. "2" for dreamliner unveiled. this is a look at a new plane that is supposed to revolutionize air travel. or text "3" for ultramarathoner. a man tries to run 13,000 miles from the north pole to the south po pole. snack on this. progressive's "name your price" tool showed me a range of coverages and i picked the one that worked for me. i saved hundreds. wow, that's dinner and a movie. [ dramatic soundtrack plays ]

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it is hard to imagine. hundreds of thousands of children face death from starvation right now in east africa. many of them are being taken to the refugee camp in kenya. this satellite image gives you an idea of how massive the camp is. it's the largest one in the world. dr. sanjay gupta is there and he is focusing on efforts to save some of the sickest kids. >> suzanne, that number, 600,000 people potentially at risk of starving to death. boggles the mind. 30,000 people, mainly women and children died over the last three months for the same reason. if you heard those numbers anywhere else in the world, it would make headlines, but not

here for some reason. in the middle of a famine, the sickest of the sick come here. amed is 6 years old and just spent 10 days walking in the east african sun. his tiny body robbed of nutrition for too long. the doctor can only hope he arrived in time. >> what happens to a child like this if you were not at this facility? >> this child probably in a few weeks or so we would have lost this child. >> reporter: when the doctor talk bz death by starvation, i can tell you it's neither quick or painless. when you come to a place like this, you see it just about everywhere, and you can hear it and smell it. it's a sweetness that is the

body starting to ingest itself. little kids simply stop growing, and they become stunted in time. the tools to save him are basic, and it's not like they have much choice, but they work. doctors use a simple device. you can tell if they are malnourished by using this, and you take this and put it around her arm, 10 centimeters down from her shoulder, and in her number comes back below 11, that means a kid is in real trouble, and the number is about 9.5. that's part of the reason she is getting these feedings through a tube in through her nose. amed's was 10.5.

many kids will not survive with a reading that low. it's grim duty for the doctor, the only doctor caring for all these children. i have three kids. how do you do it? how do you see these kids that are suffering so much? >> it's difficult, especially the suffering they are going to, and what keeps you going is that you have to come back and do something great for them, for them to survive. >> reporter: amed was one of the estimated 6,000 kids on the brink of death of starvation, but today that may have changed. amed may have been saved. he made it here just in time. >> what we know, right behind amed, there are many more coming to the camps, and they statement 2,000 people a dad. the aid is coming but is slow to come, and there is news this

week that one of the major providers may run out of funding and food within the next three weeks. that's something obviously where a difference can be made. suzanne, back to you. >> thank you, sanjay. catch a special edition of "sanjay gupta md." he will take you inside a refugee camp to report on the humanitarian camp. and don't forget to watch anderson cooper tonight, live from somalia, at 8:00 p.m. eastern. [ tires squeal ] an accident doesn't have to slow you down. with better car replacement, available only from liberty mutual insurance, if your car's totaled, we give you the money to buy a car that's one model-year newer

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it was the fourth night of

riots in britain despite a strong police presence. and that brings us to the "talk back" question. >> could what is happening in britain happen here? wake up and smell the coffee. i saw a news man interviewing a rioter in london, and he asked why is this happening? the rioter answered, people are poor. i hope the super congress sees the ramification. >> rioting around the world is getting somewhere. that's what is wrong with america, we don't stand up and protest this sorry excuse for a government we have. we need to stand together and get something done, because our government is not going to do it. i would rather see an egyptian type of revolt, and that could bring an end to our government's way of doing business. this from joshua. i am fearful things are going to

get worse for america in the several months ahead of us. we're being pushed to the edge of extreme conditions. if people do not feel safe, they will choose one of the two. please keep the conversation going. facebook.com/carolcnn. while you told us what you wanted to see. your choose the news story moments away. [ carrie ] you're studying how to be an effective leader. [ cherie ] you're dealing with professionals, teaching things that they were doing every day. [ kimberly ] i manage a network of over a thousand nurses. [ carrie ] i helped turn an at-risk school into an award-winning school. [ cherie ] i'm responsible for the largest urban renewal project in utah. [ kimberly ] and university of phoenix made it possible. learn more at phoenix.edu. [ martin luther king jr. ] i still have a dream that one day on the red hills of georgia, the sons of former slaves

and the sons of former slave owners will be able to sit down together at the table of brotherhood. i have a dream today! [ male announcer ] chevrolet is honored to celebrate the unveiling of the washington, d.c., martin luther king jr. memorial. take your seat at the table on august 28th.

you voted and we listened. here is the choose your news winner. this is the unveiling of a new plane that is supposed to revolutionize air travel. >> reporter: on saturday, the company unveiled the new passenger plane. three years overdue, and billions of dollars over budget. the 787 was finally ready for the close-up. >> today we are finally rolling out the first 787 to be deliv delivered to a customer. that's an amazing thing. >> reporter: there is no other commercial airliner like the 787. it's carbon composite makeup promises a cost-effective plane for the airlines, and the game changer for the japanese airliner that will fly the first

787 fleet. >> we use the dreamliner to expand our business, particularly our international route. we are aiming to increase our revenue from the international operation significantly. >> reporter: what most people care about is inside the plane. boeing is promising to revolutionizing the way we travel with touch screen in business class, and more humidity and light and, yes, more leg room. the reliance on third-party companies meant long delays. logistics that still have to be fine-tuned before boeing speeds up 787 production. >> i think it's an extraordinary challenge. nobody has built a wide-body aircraft at a rate of 10 per month before. boeing has