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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: Justaham
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)
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)
To: mware
563
posted on
08/08/2011 11:34:47 AM PDT
by
relee
('Till the blue skies drive the dark clouds far away)
To: KansasGirl
--------- Were 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
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)
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
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)
To: relee
dow -700 before trading day is done?
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
To: mware
Fox reports...dow down 500 now.
570
posted on
08/08/2011 11:36:57 AM PDT
by
caww
To: relee
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)
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)
To: markomalley
Yeah, I think Dukakis used that phrase in a debtae with George H.W.Bush. Supposed to be Greek wisdom or something.
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)
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
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.
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’!
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))
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)
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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