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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: AU72

PEAS!


21 posted on 08/08/2011 8:37:21 AM PDT by Boardwalk
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To: expatguy
Ten Bucks says he blames somebody else for it.

When was the last time this guy took responsibility for anything? :) He'll take credit if something goes well, but nothing is ever his responsibility. I can't stand this guy.
22 posted on 08/08/2011 8:37:25 AM PDT by rockvillem
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To: DCBryan1
Uh, uh, uh, It's not MY fault!

We need to share some sacrifice, jet planes, oil companies, millionaires, billionaires, fundamental transformation, spread the wealth, discipline Bo, First Wookie says:, TEA Party, blah, blah, uh, um.....

23 posted on 08/08/2011 8:37:30 AM PDT by Paladin2
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To: DCBryan1
NRO called it this morning - "The Tea Party Downgrade" - that is the new talking point that ABCNBCCBSCNN and WashpostNYT, etc will toss about.
Yup - it's our fault, Freepers.
24 posted on 08/08/2011 8:37:37 AM PDT by Psalm 73 ("Gentlemen, you can't fight in here - this is the War Room".)
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To: DCBryan1

Shut up and hide you fly-specked, brain-dead communist muslim!

Smoke a carton of cigarets and stab a monkey for the rest of the day.


25 posted on 08/08/2011 8:37:44 AM PDT by IbJensen (God made idiots. That was for practice. Then he made politicians.)
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To: KarlInOhio

Great graphic. Original?


26 posted on 08/08/2011 8:37:47 AM PDT by cornfedcowboy (Trust in God, but empty the clip.)
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To: rbg81

Though I oppose virtually everything he has done, I really wish he would be straight with the American people, tell us what this downgrade means, and what plans he has, if any, to deal with the fallout. There will be fallout in the form of higher interest rates for all types of borrowing, as well as a higher federal deficit. I heard that this move could add $100 billion a year going forward to the interest expense for the existing debt. America is a higher credit risk now, so our interest expense on borrowing will be higher.

Now, if we have a blame game / pity party type of speech, then it will be more of what we’re used to hearing from this president.


27 posted on 08/08/2011 8:37:59 AM PDT by Dilbert San Diego
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To: expatguy

Sorry but only an idiot would take that bet! You might get some takers over in DUmmyland though.


28 posted on 08/08/2011 8:38:05 AM PDT by pgkdan (Time for a Cain Mutiny!)
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To: DCBryan1
The lemon juice treatment must be working, and the smile is disappearing from zer0 face. Is the price of lemon juice up this morning?
29 posted on 08/08/2011 8:38:13 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: ladyvet

I suspect he will JIP (that’s Join In Progress for those of you in Rio Linda) with live commentary. Wouldn’t be the first time.


30 posted on 08/08/2011 8:38:20 AM PDT by shooter223 (the government should fear the citizens......not the other way around)
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To: DCBryan1

Going to announce he’s directed Holder to arrest and prosecute GWB for economic sabotage....


31 posted on 08/08/2011 8:38:26 AM PDT by papertyger
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To: DCBryan1

He must have recouped from his Hip-Hop barbeque, weekend golf, fundraisers, a few games of hoops, and his Martha’s Vineyard vacation planning.


32 posted on 08/08/2011 8:38:41 AM PDT by SanFranDan
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To: DCBryan1
I fell down and scrapped my knee
I rode my bike into a tree
Stick in my eye now I can't seeeeeeee!
But don't blame me it's Bush's fault!
33 posted on 08/08/2011 8:38:46 AM PDT by IMR 4350
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To: DCBryan1

We need to just start calling him “Fidel”. Time for siesta!


34 posted on 08/08/2011 8:38:46 AM PDT by babyfreep
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To: expatguy
Ten Bucks says he blames somebody else for it.

Has he ever NOT blamed somebody else?
35 posted on 08/08/2011 8:39:07 AM PDT by Girlene
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To: DCBryan1
I'm guessing it's going to be the same dreck he's been spewing for months.

Uhhh...Rich need to pay fair share...Uhhh...Corporate Jets Bad....Uhhh....Protect Social Security and Medicare...Uhhh...Need New Revenue...Uhhh..Car's stuck in a ditch..Uhh..Republican's fault...Uhh..Call you Senators and Representatives...

36 posted on 08/08/2011 8:39:17 AM PDT by apillar
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To: expatguy
Ten Bucks says he blames somebody else for it. Anyone in?

No way, sucker bet.. How about this, Ten bucks market drops further after Obama's speech....

37 posted on 08/08/2011 8:39:23 AM PDT by 11th Commandment (http://www.thirty-thousand.org/)
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To: DCBryan1
I wonder if the Teleprompter in chief will use the MoveOn.org talking points blaming the Tea Party or George Bush.

zer0 p!sses away and prints trillions and it is our fault for the US credit score:


38 posted on 08/08/2011 8:39:30 AM PDT by Vaquero ("an armed society is a polite society" Robert A. Heinlein)
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To: expatguy

He will make some fake statement that he cares our troops were killed and never mention he funded the taliban.

Iam wondering if he will go with his Axelrod spin and blame the tea party or if his chief of staff will just have him say it is a math error. If he says this and that we need to raise REVENUE (Taxes) there is no doubt he is purposefully destroying our country and articles of impeachment should proceed.


39 posted on 08/08/2011 8:39:40 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: DCBryan1

Maybe he’s going to resign.

I can dream, can’t I?


40 posted on 08/08/2011 8:39:43 AM PDT by ilovesarah2012
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