and a guy who has a lot to say about this economy and this country, trace atkins, tv personality and all-american guy. this is "piers morgan tonight." good evening. it's been another bad night on wall street. the dow closing 520 points totally erasing all of yesterday's gains. asian markets reacting as i speak to the plunge. europe will follow in a few hours. is market turmoil the new normal and what can you do to keep your money safe? joining us is leigh gallagher, ali velshi and kai ryssdal, and carmen wong ulrich. we've seen record fall, record rises and record falls again. yet again i ask you, what the hell is going on? >> every day i get up very early. every day i think maybe piers can just run my answer from the night before. unfortunately every day it's a different reason. last week it was italy. on monday it was the s&p downgrade. then tuesday the market was up so i did actually go to sleep early and then today it's france of all things. these are catalysts. we're such a jittery market that any little thing sets it off. today it was rumor that france might get its credit rati

country music superstar trace atkins. hi there! that's not going to satisfy you.t's time for a better snack. here, try this. it's yoplait greek. it has two times the protein of regular yogurt. you'll feel satisfied. [ female announcer ] yoplait greek. it is so good. it's pretty good! and started earning loads of points. you got a weather balloon with points? yes i did. [ man ] points i could use for just about anything. ♪ ♪ there it is. [ man ] so i used mine to get a whole new perspective. ♪ [ male announcer ] the new citi thankyou premier card gives you more ways to earn points. what's your story? citi can help you write it. >> quite honestly, it isn't that difficult to turn the economy around. the solutions quite honestly aren't that tough to figure out. what we've been missing from both parties is the political will to just get it done and do it. >> that was michele bachmann giving her prescription for the economy. joining me now is man who has a lot to say about the direction of this country, trace atkins, country music star and all-american guy. good to see

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trace atkins, "celebrity apprentice" runner up and now back anderson cooper. >> piers, thanks very muchill ahead tonight, the children behind the staggering number. 30,000 somalia kids died in the last few months. each one had a family. dr. sanjay gupta reports where the tiny graves are multiplying every single day and my interview with bono and his outrage over the catastrophe that was entirely predictable and preventible. >> it is shocking. it is disgusting. i have seen those faces myself up close and i've seen that loss of life. it's hard to believe that this is the 21st century. into surfboards? if we h whatever your what if is, the new sprint biz 360 has custom solutions to make it happen, including mobile payment processing, instant hot spots, and 4g devices like the motorola photon. so let's all keep asking the big what ifs. sprint business specialists can help you find the answers. sprint. america's favorite 4g network. trouble hearing on the phone? visit sprintrelay.com. can help you find the answers. we'll never stop sharing our or getting lost in a good book. we'll always coo

the president spoke in atkins s atkinsons, illinois. he spoke to whiffls hybrid. to take the waffle family -- whiffles rather. excuse me. i haven't had lunch. i want to take the whiffles family. >> okay, waffles, whiffles. this is the president in morrison, illinois. he's talking again about the economy and the failure of washington, particularly the failure to come together to put folk together. standing by for us in washington with more on that, jessica yellen. i've got to ask you, we've got folks out there who are living week to week, paycheck to paycheck, trying to keep a roof over their heads. why is the white house waiting an entire month to unveil this jobs plan? >> right back, and that's what the president republican critics, even some of his frustrated supporter have been asking. the president's adviser thinks august just isn't the time to unveil a new legislative package since congress is out of session anyway. they can't act on it now if they wanted to. the white house believes it would get loss if they put it out at this point. so wait until this town

psychologist dale atkins, and associate editor from "forbes" magazine. good morning to all of you.start off with you farnoosh. we've got a lot of viewer questions. let's first deal with this s&p credit downgrade of u.s. debt. what does that mean for the average american? especially someone who's nearing retirement. >> sure. it definitely adds to the financial uncertainty and stress of the country experiencing right now with a debt downgrade, and the entire borrowing costs. the country has to come up with that money somewhere. so for retirees it may mean that programs like social security, medicare, medicaid, which are protected now, may become more vulnerable in the future as the country looks at its budget and has to come up with that money, looking at spending cuts in different areas. so lots more uncertainty. you have to be more protective and vigilant of your own retirement plan. >> this could definitely hit home. we've got another question. we're going to go outside for that. perry is on the plaza. what's your question? >> with the high risk in the stock market, and the low in

we have a private joke atkins actually from the future.m indebted to might friend mark thompson who gave last year's lecture for his tips on what makes a classic lecture. according to him, the recipe borrows down to anger, arch villains, impossible proposals, and insults. i am not sure about the anger, but i will do my best to come up with the rest. it is usually a choice between the bbc and murdoch for candidates to demonize. i must say how refreshing it is that google is not on this list. so thank goodness. i don't kid myself. i know some of you have suspicions. some of years -- some of you blame us for the havoc wreaked on your businesses by the internet. some people accuse us of being unresponsive, and karen, or even worse so today, i am going to try to set bang the record straight -- set the record straight and demonstrate on why we should be optimistic about television's future. and a little bit about my industry. one man said this lecture is the closest most television people get going to church. hmm. that's what he said. in my casd