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Brutal day on Wall Street

Brutal day on Wall Street

08/04/11 08:00PM

The Dow plunged more than 500 points, it's worst day since the financial crisis in 2008. The Huffington Post’s Howard Fineman and Robert Reich, former labor... watch

The debt deal hangover

The debt deal hangover

08/04/11 08:00PM

The verdict is in. America doesn’t like the debt ceiling deal. MSNBC’s Lawrence O’Donnell talks to MSNBC political analyst Richard Wolffe about the political... watch

Happy (redacted) to you, Mr. President!

Happy (redacted) to you, Mr. President!

08/04/11 06:44PM

Yes, it's been a rough week for President Obama.  A bitter debt ceiling deal here, a stock market plunge there. But the President does have one thing to celebrate today: his 50th birthday.  We at The Last Word had hoped to sing the world's best known song marking the anniversary of one's birth for the president on our show, but something has stopped us dead in our tracks: Mildred and Patty Hill.  The Hills were kindergarten teachers in Louisville, KY. read more

Witness to Lincoln assassination

08/04/11 06:39PM

Nerd Alert! Earlier today, the Huffington Post pointed us to a historical gem on the Interwebs. In February 1956, 96-year-old Samuel J. Seymour appeared on the CBS show "I've Got a Secret." His secret: he had witnessed the assassination of President Abraham Lincoln at Ford's Theater in Washington, D.C. on April 15, 1865.Seymour tells the host of the show that he was just five-years-old when family friends invited him to the play. read more

Gary, a particularly big-boned gourami fish

Dow Jones gives America buzzkill

08/04/11 06:34PM

Do me a favor. You probably don’t want to check your stock portfolio or 401k account today. I mean, you can. I am certainly no financial expert (though I do claim to be The Last Word's Madonna trivia expert). Just trust me on this one.The Dow Jones industrial average plunged, closing down 512 points. It’s the Dow's worst drop since October 2008 and its ninth-steepest decline ever. Worries over the U.S. economy sent stocks into this nosedive.It's not all doom and gloom. Gas prices are down, so now's the time to fill up your tank. That's kinda positive...Hey, how about a distraction? read more

Senate Majority Leader Harry Reid (file)

Deal reached to end FAA shutdown

08/04/11 04:55PM

Senate Majority Leader Harry Reid announced today Congress... did its job. Lawmakers worked out a bi-partisan deal to end the Federal Aviation Administration shutdown, which put 74,000 transportation and construction workers out of work.The House left for vacay before figuring it out, which prompted the partial shutdown. Oopsy!Under terms of the agreement, the Senate can now approve the House bill extending the FAA's operating authority through the middle of September."This agreement does not resolve the important differences that still remain," said Reid in a statement. read more

First Word: August 4, 2011

08/04/11 03:40PM

Looks like we have a deal to get FAA employees back to work. More on this story tonight.FAA shutdown deal reached: Harry Reid announces agreement to reopen FAASecret corporate money powers pro-Romney Super PAC Gov. Christie defends appointing Muslim judge: 'This Sharia Law business is crap’Inside the 'drama' of the Jon Huntsman 2012 campaignRepublicans set sights on balanced budget amendmentStocks pile on losses, Dow drops more than 400 points amid economy worries read more

Simpson talks debt deal, Norquist

08/03/11 10:37PM

Former Sen. Alan Simpson, the co-chair of the National Commission on Fiscal Responsibility and Reform, joined the Last Word to discuss how Obama handled the negotiations and what to expect with the debt super committee.And you can't talk about fixing the debt, without talking about revenues. Grover Norquist, the anti-tax pledge master and second most powerful man in Washington, who, by the way, is not even an elected official, came up quite a few times in this conversation with Lawrence. read more