Political observers are already calling it one of the biggest debate gaffes in modern history. During the debate in Rochester, Michigan on Wednesday night, Rick Perry said he would eliminate three federal agencies if elected President - but after struggling for nearly 50 seconds, he was able to name only two of them. Now many are saying this could well mark the beginning of the end of the Texas Governor's campaign.
Rick Perry explains to Christine Romans this morning why he's not dropping out of the race – and why voters will ultimately choose a candidate who realize that this country needs "substance more than we need style."
Many questions remain unanswered about the child sex abuse scandal involving Penn State head football coach Joe Paterno's former top assistant coach, Jerry Sandusky. What did university officials know – and when did they know it? Regardless, even Paterno admits that he should have done more at the time.
CNN legal contributor Paul Callan talks to American Morning about whether Paterno and Penn State could be legally liable for not reporting the abuse.
The Eurozone debt crisis is sending global markets into a free-fall. The Dow took its biggest hit in six weeks yesterday. Increasingly, fears have spread to Italy – which accounts for a whopping 25% of the Eurozone's debt. And now there are even reports that Germany and France are holding talks about possibly downsizing the European Union.
Christine Romans speaks with Drew Kanaly, Chairman and CEO of Kanaly Trust, to discuss where this crisis is going – and how it is impacting your 401k.