cover up of hundreds of white collar crimes on wall street details of what republican senator chuck grassley is alleging against the securities and exchange commission. you need to know this another day another wild ride on wall street the stock market slid down four hundred nineteen points in trading today as investors continue to an it go over economic conditions both in the united states and in europe this is just the latest day of chaos on wall street this month back in august on the august fourth the market plummeted five hundred twelve points then on august eighth after s. and p. downgraded our credit rating the market skidded out of control losing another six hundred thirty five points on august ninth volatility something market in the other direction surging talk four hundred thirty points then back down on august tenth with a five hundred twenty three point drop followed by the next day on august eleventh with a four hundred twenty three point gain on wall street and here we are today. day wondering what the heck is going on after the market dropped more than four hundred one thousa

let's bring in a man who knows a thing or two about iowa politics, chuck grassley is in his sixth term as united states senator from iowa. he joins us now. senator, welcome? >> i'm glad to be with you. >> you've been through a few of these. >> yeah, i think since 1979. >> bret: what do you think of this one, turnout and the overall anecdotes you're hearing? >> more people turning out. there is an undercurrent of outrage. i think because of the president's discredited economic and fiscal policies. there is a real determination to change the leadership of this country. it's not -- this was a quiet turnout, as you meet people one on one. but under there, there is a current. >> bret: do you sense that across the state? >> yes. absolutely. and particularly in the last three or four days as i interacted with so many people two days at the state fair, and almost as many people here. >> bret: there is a lot of discontent across the country for congress and getting things done and some say that's about coming together. others say it's about standing on principle. how do you respond to the criti

senator chuck grassley, senior senator in iowa. are tomorrow at ames. >> yes. >>> still ahead what do you get when you mix a reporter, fried food on sticks and a camera. by the way, i didn't ask you. what's your favorite on a stick? >> mine would be the pork chop. but that's a bone. >> my trip tight wa state fair next. >>> live here at java joe's, david axelrod, senior strategist for president obama's campaign. first today's question, how many winners of the ames straw poll have gone on to win the ames straw caucuses? the answer and more coming up on "the daily rundown" live here from java joe's. [ female announcer ] what if your natural beauty could be flawless too? discover aveeno positively radiant tinted moisturizers with scientifically proven soy complex and natural minerals. give you sheer coverage instantly, then go on to even skin tone in four weeks. aveeno tinted moisturizers. it's schwab at your fingertips wherever, whenever you want. one log in lets you monitor all of your balances and transfer between accounts, so your

[unintelligible] couple ofking a questions to chuck grassley. we will head back to the soap box location at the "des moines register" response and the speeches. in the meantime, we'll hear from ron in thousand, maryland, on the republican line. go ahead. you're on the air? we'll go next to juanita in florida. >> i would like to make a remark to the young people supporting ron paul -- he scared me to death last night. he said we should mind our own business with other countries, and what is going on with the wars. i know he is against these wars, and we all are, but they were not minding their own business september 11. and -- it is really scary. the other people were not so much involved, but as they did get all of this, ron paul is very dangerous for this country as far as protecting us. he really is. thank you. >> john is joining us from massachusetts on the democrats' line. >> everybody is forgetting when this happened over the past 30 years. there is no checks and balances. unless you hold people accountable and enforce the rule of law that

and he went over to congress in july and he presented this information to them right where chuck grassley said why does turner stand why an investigative body you know would want to do something like this why they would want to get rid of potential evidence and they had there we had heard in thing else from congress and only after this piece broke today now that senator grassley once again start bringing up so do they just play dumb even though it's on public record this is been presented to them. you know i always wonder about the two and i don't have a good answer to that but i would i see grasses rationally that i think you see for the snickering after is good oh golly gee willers i didn't see that because we all get beat by these guys what a joke this is and he's just you know more sophisticated actor or are they purposefully ignorant they don't want to know so they don't know so they tell their staff to look into things like that so that when things that are obvious happen they go oh go as you would there's nobody could have seen it coming it's one of the other there's no question ab

but why did chuck grassley vote yes? is there a catch? senator grassley is next. also since the debt ceiling is raised, why does the nation have new fears about our credit rating. plus, donald trump, he is standing his ground and this time it's getting personal. what is going on with donald trump. you'll hear from donald in just a few minutes. stay tuned. excuse me? my grandfather was born in this village. [ automated voice speaks foreign language ] [ male announcer ] in here, everyone speaks the same language. ♪ in here, forklifts drive themselves. no, he doesn't have it. yeah, we'll look on that. [ male announcer ] in here, friends leave you messages written in the air. that's it right there. [ male announcer ] it's the at&t network. and what's possible in here is almost impossible to say. ♪ let me make you smile ♪ let me do a few tricks ♪ some old and then some new tricks ♪ ♪ i'm very versatile ♪ so let me entertain you ♪ and we'll have a real good time ♪ [ male announcer ] with beats audio and flash, you can experience richer music and download movies straight

but i learned recently as a result of the investigation of senator chuck grassley and congressman darrella that it had spread to houston, texas where straw purchases were being made. the gun shop owner called atf and said hey we think there something wrong here. no, go ahead and sell them the guns and they ended up, of course, in the hands of the cartel. this is a bone-headed idea from the very beginning. we need to know who is responsible. now it looks like, according to the "l.a. times," that three of the people involved in this are being promoted. you know, one of the things i think that drives people crazy about washington, d.c. is a lack of accountability and the arrogance. and we need more accountability and less arrogance coming out of the justice department. that goes all the way to the top. >> laura: those are the three atf officials we just showed on screen who are getting promotions mcmahon and newell and voth. these three guys are getting promoted. meanwhile, eric holder has been denying all along that he directed this operation and that he had intimate knowledge of the detail

david axelrod in town, senator chuck grassley, tim pawlenty's campaign manager and a lot more, we'lleaa lot of food on a stick. my colleague and pal "andrea mitchell reports," she's coming on saturday and she's coming here tonight and you're going to see her tomorrow here in iowa because she loves food on a stick as well. >>> coming up, chris jansing and company and don't miss andrea at 1:00. see you tomorrow. es nearby. interesting... wow, i'm blown away. you look great. hotels.com summer sale, save up to 30%. and get a free kindle. hotels.com. be smart. book smart. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone works as a team. and i only need to talk to one person about her care. we're more than 78,000 people looking out for 70 million americans. that's health in numbers. unitedhealthcare. >>> good morning, i'm chris jansing and the question is

weeks here, enjoying the time, been to 51 cities in 15 days, been to 68 counties, not as many as chuck grassleyost. we're working very, very hard. national media may not pay a lot of attention to us, but we pay a lot of attention to iowa and new hampshire and south carolina. we will be working very hard to earn your trust, so you can kick the tires, someone with proven leadership and can get things done in washington, d.c. and been a consistent conservative. and guy who is can beat incumbent democrats -- three of them. that's better than anybody else on this panel. >> mr. cane? >> it is clear from the discussion tonight that america needs a leader and a uniter. i represent growth. all. issues we talk about, if we don't get this economic engine moving by putting fuel in the engine, all of the rest of it won't matter. a poet once said, life can be a challenge, life can seem impossible, but it's never easy when there is so much on the line. we have a lot on the line. send washington a message, send a business problem solver to washington, d.c. >> congressman paul? >> i have been in politics for 35

that is the hardest working center in the entire united states senator, chuck grassley. ♪ >> we are goingext year, aren't we? [cheers and applause] i have a question for president obama. after 2.5 years, when are you going to start taking responsibility for your policies instead of making excuses? [applause] because it seems like speech after speech or news conference after news conference, you are always blaming somebody else and. yes, mr. president, maybe you have accepted when you took office bad economic and fiscal times, but i want you to know, mr. president, by any measure of the economy orthoscope policy, you have made every statistic worse. [applause] so, we are here today to elect new leadership. we are here today to listen to they andidate ass propose policies to turn our economy around and leadership that will accept responsibility for their actions. we need a president of uncomp romising integrity. thanks to the voters and especially to the tea party members. i get it. congress gets it. [applause] no excuses. when will you get it, mr. president? [applause] we are here today be

we are joined right now by republican senator chuck grassley of iowa.serves on the senate judiciary committee and has been a key part of this investigation along with congressman issa. senator grassley, congressman issa said yesterday he was contacted by the eric holder, by the justice department, have you heard from them. >> no i have not heard from them. i'm kind of surprised that i didn't hear from them. i'm kind of happy with the move that was made, because you know when somebody is fired or let's say request their resignation, heads roll, and if you're going to change the culture of a lot of these agencies in washington when somebody does something as stupid as fast and furious, and they aren't relieved of their employment, you know, it's not going to change anybody else's behavior. so i compliment the justice department on doing that and moving the other two people. jenna: the question that we've talked about several times, we've talked about your investigation, senator is how high this goes, who knew about this project, how much oversight was the

. >>> well, back in ames now where i'm joined by iowa's senior senator, republican chuck grassley.re just talking off camera, congressman king was on air credit call with governor perry for announcing today. not upset he joined the race but announcing today in what he thought appeared to be an attempt to diminish the importance of the straw poll. what do you think? >> if that was the moment, i would criticize him. but i don't know if there's any connection or not. for me, the more the merrier. it is hard for me to criticize at this point. i would on that specific issue, though. >> when you look today, you walked through the tents today, what stood out to you that sort of -- that you weren't expecting? >> well, i think outrage at the grass roots of america that is expressed in one-on-one conversation. i haven't -- the speeches by the candidates showed outrage. the average iowan is very quiet in how they approach split call issues they feel strongly about, but there's an outrage for the president's discredit to economic and fiscal policies. >> how many familiar faces did you see at a

that is the hardest working center in the entire united states senator, chuck grassley. ♪ >> we are goingma next year, aren't we? [cheers and applause] i have a question for president obama. after 2.5 years, when are you going to start taking responsibility for your policies instead of making excuses? [applause] because it seems like speech after speech or news conference after news conference, you are always blaming somebody else and. yes, mr. president, maybe you have accepted when you took office bad economic and fiscal times, but i want you to know, mr. president, by any measure of the economy orthoscope policy, you have made every statistic worse. [applause] so, we are here today to elect new leadership. we are here today to listen to they andidate ass propose policies to turn our economy around and leadership that will accept responsibility for their actions. we need a president of uncomp romising integrity. thanks to the voters and especially to the tea party members. i get it. congress gets it. [applause] no excuses. when will you get it, mr. president? [applause] we are here toda

senator chuck grassley of iowa said if you want a nomination, work like you're campaigning for sheriffenty is working, michelle bachmann is working. he's got to work if he wants this. faith is a good thing but in the end, you got to work and we'll see how the works play out. >> all right, amen, senator coleman and also margy, thank you for your time, you guys. >> thank you. >> bad credit rating about to get some company, another country's finances are headed down the tubes and chances are they'll take some of your money with them. and we're expecting a major announcement today from the white house ordering a major piece of legislation that was passed by president george w. bush, was it ignored? coming up. [ artis brown ] america is facing some tough challenges right now. two of the most important are energy security and economic growth. north america actually has one of the largest oil reserves in the world. a large part of that is oil sands. this resource has the ability to create hundreds of thousands ojobs. at our kearl project in canada, we'll be able to produce these oil sands wit