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Live Thread: POTUS to speak to country at 1730 ZULU concerning S&P downgrade
08 AUG 11 | dcbryan1

Posted on 08/08/2011 8:31:48 AM PDT by DCBryan1

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To: Justaham

NASDAQ at -5.17%


561 posted on 08/08/2011 11:33:50 AM PDT by mware (By all that you hold dear on this good earth, I bid you stand, Men of the Wes)
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To: Batman11
My AAA rating for Zero is: African Anti-American A-hole!

There...fixed it.
562 posted on 08/08/2011 11:34:25 AM PDT by Lucky9teen (Peace is that brief glorious moment in history when everybody stands around reloading.~Thomas Jeffer)
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To: mware

DJIA down 500 points


563 posted on 08/08/2011 11:34:47 AM PDT by relee ('Till the blue skies drive the dark clouds far away)
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To: KansasGirl
--------- “We’re still a AAA country”. ??????? ----------

That phrase must have polled well. It will be the headline.

Hmmmmm. That was an idiotic statement by obama, IMO.
564 posted on 08/08/2011 11:34:54 AM PDT by Girlene
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565 posted on 08/08/2011 11:35:37 AM PDT by markomalley (Nothing emboldens the wicked so greatly as the lack of courage on the part of the good-Pope Leo XIII)
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To: mware

NEW YORK (MarketWatch) — U.S. stock indexes were slammed Monday and hit session lows as President Barack Obama defended the nation’s credit rating following Standard & Poor’s downgrade late last week. After falling as much as 459 points,

the Dow Jones Industrial Average /quotes/zigman/627449/delayed DJIA -3.82% was lately off 424.89 points at 11,019.72.

The Standard & Poor’s 500 Index /quotes/zigman/3870025

SPX -5.37% shed 57.76 points to 1,141.62.

The Nasdaq Composite Index /quotes/zigman/123127 COMP -5.25% declined 124.02 points to 2,408.39.

http://www.marketwatch.com/story/stocks-hit-obama-defends-us-after-downgrade-2011-08-08?link=MW_home_latest_news


566 posted on 08/08/2011 11:35:37 AM PDT by caww
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To: Hillarys Gate Cult

Actually I think the Republicans should ask for equal time.


567 posted on 08/08/2011 11:35:40 AM PDT by mware (By all that you hold dear on this good earth, I bid you stand, Men of the Wes)
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To: relee

dow -700 before trading day is done?


568 posted on 08/08/2011 11:36:11 AM PDT by WashStateGirl
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To: Girlene
That is nearly Howard Dean scream level.

It's near Romania time.

569 posted on 08/08/2011 11:36:38 AM PDT by riri
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To: mware

Fox reports...dow down 500 now.


570 posted on 08/08/2011 11:36:57 AM PDT by caww
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To: relee

Just damn.


571 posted on 08/08/2011 11:37:11 AM PDT by mware (By all that you hold dear on this good earth, I bid you stand, Men of the Wes)
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Dow down 500+!!


572 posted on 08/08/2011 11:37:14 AM PDT by markomalley (Nothing emboldens the wicked so greatly as the lack of courage on the part of the good-Pope Leo XIII)
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To: markomalley

Yeah, I think Dukakis used that phrase in a debtae with George H.W.Bush. Supposed to be Greek wisdom or something.


573 posted on 08/08/2011 11:37:36 AM PDT by Repealthe17thAmendment (Is this field required?)
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To: untwist

I don’t think it is possible for Chuckles the Clown to be any worse than the Ass Clown... I say bring on President Biden....just to get us to ‘12....


574 posted on 08/08/2011 11:37:40 AM PDT by Newton ('No arsenal is so formidable as the will and moral courage of free men and women.' -Ronald Reagan)
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To: mware
NASDAQ at -5.17%

Wow that is some waterfall! Think I'll I send the White House the lyrics to TLC's "Waterfalls..."

Don't go chasing waterfalls Please stick to the rivers and the lakes that you're used to
I know that ypu're gonna have it your way or nothing at all But I think you're moving too fast

575 posted on 08/08/2011 11:38:19 AM PDT by Justaham
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To: relee

DJIA down 500 points


Even if it’s something he believes in, the fact that he mentioned raising taxes in the middle of a market crash is unfathomable. That level of stupidity is simply mind-boggling.


576 posted on 08/08/2011 11:38:28 AM PDT by KingOfVagabonds
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To: caww

I knew Obama’s speech would make the market tank more. People are looking for solutions that will work. Obama’s got nothin’!


577 posted on 08/08/2011 11:38:28 AM PDT by KansasGirl
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To: Girlene

You know what? Reince Priebus is starting to gain a little of my admiration. he was pretty darn good after 0’s gig was up.


578 posted on 08/08/2011 11:38:33 AM PDT by MestaMachine (Going down! (Gunwalker Ping List))
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To: WashStateGirl
dow -700 before trading day is done?

I hope not. Down 380 would be nice.

579 posted on 08/08/2011 11:38:50 AM PDT by relee ('Till the blue skies drive the dark clouds far away)
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To: WashStateGirl
I thought the FReeper who said there would be a 5% decrease in the DOW as over the top.

Not so much now.

580 posted on 08/08/2011 11:39:00 AM PDT by mware (By all that you hold dear on this good earth, I bid you stand, Men of the Wes)
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