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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

CNBC just broke in and told the audience that the President has requested airtime and will speak to the nation at 1300hrs EST (12 noon central, 10 AM PST) on the US national debt downgrade.

Developing...


TOPICS: Breaking News; Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: barackalypsenow; barackfubar; barackthebroke; barrackolypsenow; bhodrivel; bhoeconomy; bhofail; bhofascism; blamegamepart23; bottomofthebarrel; cluelessrookie; crabsinabarrel; debtmantalking; debtmanwalking; debttospendingratio; democrats; disasterinchief; doomsday; downgrade; drivel; eatyourcake; epicfail; fail; fraud; fubogtfo2012; goonvacayalready; happydayshereagain; heckuvajobtimmie; herberthoover; hooverville; hopeychangey; ibarack; impeach; inneedosomerestraint; kingofthedeficit; liberalfascism; liberals; livethread; neverendingspending; nobama; nobama2012; noobpresidency; obama; obamadepression; obamageddon; obamalypto; obamanation; oblame; palinwest; prayforresign; presidentdowngrade; presidenttrainwreck; progressives; resignnow; socialistdemocrats; sociopathinchief; sp; spstolemycreditcard; summerofbankruptcy; timmyforever; vineyardvampire; wagyu4theone; worstpresidentever; youlie
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To: Cboldt

One day I wish the 'reporters' would videotape that teleprompter as he's talking. History will laugh at this man.

341 posted on 08/08/2011 10:56:57 AM PDT by Textide
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To: Lucky9teen
As I have always said... the further we venture from the Founder's intent... the closer we come to total destruction. GOD bless Washington and all of our Founding Fathers!

LLS

342 posted on 08/08/2011 10:57:10 AM PDT by LibLieSlayer (juan mccain certified Al Palin Hobbit Terrorist)
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To: RightGeek

11,063.20 -381.41 -3.33%

Nasdaq 2,423.78 -108.63 -4.29%

S&P 500 1,149.76 -49.62 -4.14%


343 posted on 08/08/2011 10:57:28 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: Churchillspirit

He can’t even manage to be on time but he can manage the economy? I don’t think so!


344 posted on 08/08/2011 10:57:43 AM PDT by Boardwalk
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To: mware

-402


345 posted on 08/08/2011 10:57:47 AM PDT by relee ('Till the blue skies drive the dark clouds far away)
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To: All
Tick-tock. Tick-tock.


346 posted on 08/08/2011 10:58:01 AM PDT by newzjunkey (the circular firing squad has got to end now)
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To: mware

Dow 11,054.61 -390.00 -3.41%

Nasdaq 2,418.79 -113.62 -4.49%

S&P 500 1,147.64 -51.74 -4.31


347 posted on 08/08/2011 10:58:44 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: Boardwalk

12 min late and counting


348 posted on 08/08/2011 10:59:27 AM PDT by cork
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To: Churchillspirit
He is waiting till Marine One has arrived on the south lawn to take him and his family into oblivion.....in my dreams.

No, just on his next vacation or to the golf course.

349 posted on 08/08/2011 10:59:31 AM PDT by clove (God, Family and Country, the truth will live!)
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To: Boardwalk

12 min late and counting


350 posted on 08/08/2011 10:59:38 AM PDT by cork
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To: newzjunkey

He’s really 45 minutes late from the original annouced hour. Figures.....goes with his “show”...no “Show” drama.


351 posted on 08/08/2011 10:59:47 AM PDT by caww
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To: clove

Hit the road barak ... comes to mind.


352 posted on 08/08/2011 10:59:50 AM PDT by no-to-illegals (Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen.)
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To: mware

Someone said earlier today on a thread that they though the DOW would fall 5%


353 posted on 08/08/2011 11:00:20 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: mware

He delayed until 13:30 then they said he is running tem minutes late. He is past his last late excuse. Atleast the microphones are on now.

http://cspan.org/Events/President-to-Address-Credit-Downgrade/10737423372-3/


354 posted on 08/08/2011 11:00:39 AM PDT by Dubya-M-DeesWent2SyriaStupid! (S&P wasn't worried about us not lifting the debt ceiling - they are worried about the spending)
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To: cork
I think he's spring-boarding his speech on a focus group of total morons and they're not even buying it.
355 posted on 08/08/2011 11:00:51 AM PDT by Hillarys Gate Cult (Those who trade land for peace will end up with neither one.)
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To: SueRae
Rush on Obama blaming others for downgrade:

--Obama inherited a AAA rating, this is his downgrade.

356 posted on 08/08/2011 11:01:10 AM PDT by opentalk
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To: DCBryan1

DOW at -391.

Seems to be trying to hit -400.

Just hit -408 and falling....


357 posted on 08/08/2011 11:01:20 AM PDT by TomGuy
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To: cork

He’s late - again. Guess he got all wee-wee-ed up and had to change his suit.


358 posted on 08/08/2011 11:01:44 AM PDT by CitizenM (He who is silent is understood to consent)
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To: newzjunkey
Tick-tock. Tick-tock.

Every minute he is late, he comes across as a President who does not know what to say, and what he eventually does say he is not confident saying...

359 posted on 08/08/2011 11:01:47 AM PDT by Fury
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To: newzjunkey; RightGeek

360 posted on 08/08/2011 11:02:15 AM PDT by Diogenesis (No man's life, liberty, or property is safe while the legislature is in session. - Mark Twain)
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