Live Thread: POTUS to speak to country at 1730 ZULU concerning S&P downgrade

08 AUG 11 | dcbryan1

[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...

[Roccus]

Google “CPT” and check the wiki entry.

[CedarDave]

C-Span says the time has been changed to 1:30pm ET

[Dubya-M-DeesWent2SyriaStupid!]

Somebody just commented on Obama's LIVE FB page to shut the front door too many tea baggers...

They announced he is now speaking at 1:30

WATCH LIVE

[KansasGirl]

POS is running late. Big surprise!

[liberalh8ter]

At this point, he’d be better off just saying, “It’s not my fault” rather than actually naming the person whose fault it is.

[americanophile]

Ah yes, the ‘blame the Tea Party’ speech. I can’t wait for it; it’s all just ugly partisan bickering and Obama is above it all. It’s rather like blaming the Poles for WWII, but that won’t stop the Anointed One. As usual, not a word from the GOP, who will have allowed Axelfraud, John Skerry, and now Hussein to frame the problem as the Tea Party downgrade.

[mware]

Dow 11,124.65 -319.96 -2.80%

Nasdaq 2,436.31 -96.10 -3.79%

S&P 500 1,155.65 -43.73 -3.65%

[FourPeas]

First, Barry would need to admit it to himself. No chance of that.

[catnipman]

“I wonder if the Teleprompter in chief will use the MoveOn.org talking points blaming the Tea Party or George Bush.”

Don’t forget that the “attacking the messenger” strategy is still on the table too: S & P can’t do math, boy genius TurboTax Timmy disagrees with S & P, etc.

[John W]

Gotcha. Interesting.

[Keith in Iowa]

Debt-Man talking delayed to 1330 Eastern...

[vicar7]

Remarks delayed til 1:30 now my Mom would be furious if she waited that long for me.

[relee]

That’s OK, I much rather watch Megyn Kelly and her new hairdo.

[Deo volente]

If he resigns, the market would jump 500 points in a matter of minutes.

I’d almost rather have Biden at this point, that’s how bad the Kenyan is.

[TheConservativeParty]

Do I get a prize?
This exact time and day was my prediction on a “prediction” thread last night.

OBAMAGEDDON

continues

[mware]

Since his delay the DOW went down 20 points.

[Boardwalk]

How can 0bama blame the tea party when all they have been saying for the past 2 years is stop the spending!!! The tea party was right!!! Unless 0bama comes on the air and says the tea party is 100% correct whatever else he says is a lie.

[Nervous Tick]

What does he do before 10?

[mware]

Dow 11,105.62 -338.99 -2.96%

Nasdaq 2,430.63 -101.78 -4.02%

S&P 500 1,153.67 -45.71 -3.81%

[massmike]

Remarks delayed til 1:30

Teleprompter must have blown a fuse!