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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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-582!!!
601
posted on
08/08/2011 11:44:09 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: riri
-700 is sounding more likely
602
posted on
08/08/2011 11:44:09 AM PDT
by
FourPeas
("Maladjusted and wigging out is no way to go through life, son." -hg)
To: KansasGirl
Obamas got nothin!Oh he had something.....Hope and Change.....He took our Hope and gave us Change we don't want
603
posted on
08/08/2011 11:44:16 AM PDT
by
clove
(God, Family and Country, the truth will live!)
To: mware
Yup and DOW is down almost 5%.
605
posted on
08/08/2011 11:44:43 AM PDT
by
Errant
To: cll
CNN: President Barack Obama presented a reassuring assessment of the U.S. economic situation Monday, calling the countrys problems imminently solvable. The solution?
Palin/West 2012!!!
606
posted on
08/08/2011 11:44:54 AM PDT
by
Mr. Jazzy
("A man may be a fool and not know it, . . . but not if he is married." - H. L. Mencken)
To: untwist
Dow 10,849.43 -595.18 -5.20%
Nasdaq 2,380.33 -152.08 -6.01%
S&P 500 1,122.70 -76.68 -6.39%
607
posted on
08/08/2011 11:45:36 AM PDT
by
mware
(By all that you hold dear on this good earth, I bid you stand, Men of the Wes)
To: hattend
608
posted on
08/08/2011 11:45:36 AM PDT
by
Lucky9teen
(Peace is that brief glorious moment in history when everybody stands around reloading.~Thomas Jeffer)
To: DCBryan1
Was this speech supposed to help or was it designed to push the average investor off the cliff?
609
posted on
08/08/2011 11:45:36 AM PDT
by
Raycpa
To: hattend
Reporters were there. Reporters tried to ask questions. zer0 walked out.
610
posted on
08/08/2011 11:45:56 AM PDT
by
no-to-illegals
(Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen.)
To: Errant
Markets Crashing!!
In a HUGE way!!!
To: cll
imminently solvable.LoL!
612
posted on
08/08/2011 11:45:56 AM PDT
by
relee
('Till the blue skies drive the dark clouds far away)
To: no-to-illegals
Yep, his body language and demeanor was revealing. This guy is way over his head, and the look on his face alone was like looking at someone getting ready to serve time in prison, or someone who was just told their home blew up because they left the gas on.
No joke.
613
posted on
08/08/2011 11:46:05 AM PDT
by
dragnet2
(Diversion and evasion are tools of deceit)
To: HKMk23
You are absolutely right:
By Brendan Conway
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)—U.S. stocks tumbled Monday and gold surged as investors fled from risky assets during the first trading session since Standard & Poor’s downgraded the federal government’s credit rating late Friday.
The Dow Jones Industrial Average dropped 406 points, or 3.6%, to 11038 as 2 p.m. EDT approached, plumbing fresh session lows midafternoon. The market was on track to take another chunk from investor portfolios after last week’s swoon, which came as investors lost faith in European leaders’ ability to stave off a debt crisis, and as fears grew that the economic slowdown would deepen into a recession.
The Standard & Poor’s 500 stock index tumbled 55 points, or 4.1%, to 1150, with financial and energy stocks falling hardest. The Nasdaq Composite slumped 120 points, or 4.7%, to 2413.
614
posted on
08/08/2011 11:46:05 AM PDT
by
Palladin
(Sarah Palin in 2012!)
To: mware
“It can’t happen here...”
615
posted on
08/08/2011 11:46:17 AM PDT
by
who knows what evil?
(G-d saved more animals than people on the ark...www.siameserescue.org.)
To: Errant
616
posted on
08/08/2011 11:46:28 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: FourPeas
Nothing personal, of course. ;-). Obama just wants to “consume” all of us who insist on free markets, individual liberty and the free exercise of religion (other than Islam, of course), and who also believe that government is the problem, not the answer.
617
posted on
08/08/2011 11:47:17 AM PDT
by
andy58-in-nh
(America does not need to be organized: it needs to be liberated.)
To: Godzilla
618
posted on
08/08/2011 11:47:59 AM PDT
by
Lucky9teen
(Peace is that brief glorious moment in history when everybody stands around reloading.~Thomas Jeffer)
To: Raycpa
Speaking of which...has anyone jumped out of any windows on Wall Street yet?
619
posted on
08/08/2011 11:48:26 AM PDT
by
who knows what evil?
(G-d saved more animals than people on the ark...www.siameserescue.org.)
To: Mr. Jazzy
I love Palin and I love West.
I heard West on some show say about Geithner:
“When you open that refrigerator door, the light don’t go on.”
Man, he cracks me up! LOLOLOL.
620
posted on
08/08/2011 11:48:46 AM PDT
by
Palladin
(Sarah Palin in 2012!)
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