Day After Dow Plunges Over 600 Points, White House Seeks To Calm Nerves By Canceling Obama Speech, Scrapping Carney’s Daily Press Briefing…
Head, meet sand.
(WaTi) — One day after the stock market took its biggest plunge since the 2008 financial crisis, President Obama on Tuesday canceled a previously scheduled speech at a local moving company, and the White House also pulled the plug on the daily press briefing.
Instead of traveling to Springfield, Va.-based Interstate Moving Services and making public remarks on fuel efficiency standards for work trucks, Mr. Obama will meet privately with industry officials at the White House this morning — and that meeting will be closed to the press, the White House announced in a scheduling update Tuesday morning.
In addition, a 12:30 briefing with press secretary Jay Carney has been canceled, the update said.
On Monday, the stock market suffered its worst blow since before the president took office, with the Dow Jones Industrial Average plummeting more than 630 points — losing more than 5 percent of its value and plunging below the 11,000 line. The turmoil came after ratings agency Standard & Poor’s late on Friday cut the country’s credit rating from AAA to AA-plus for the first time in U.S. history.
Posted by ZIP on Tuesday, August 9, 2011, at 10:39 am | 
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More like “Duck & Cover”
50 minute late yesterday, and now this.
I think he’s crying in a bathroom stall somewhere.
Watch out for Bawney!!!
Well, it is an undeniable fact that the market dropped like a rock during and after yesterday’s so-called speech. Perhaps someone told him to shut the hell up.
Actually, the absence of this petulent child is comforting to me. One day out of 4 years we don’t have to listen to his nonsensical blather. I would only hope he is at his desk drafting his “I quit” letter to be delivered this Friday afternoon.
Instead of traveling to Springfield, Va.-based Interstate Moving Services and making public remarks on fuel efficiency standards for work trucks, Mr. Obama will meet privately with industry officials at the White House this morning — and that meeting will be closed to the press, the White House announced in a scheduling update Tuesday morning.
He was going to talk on more fucking regulations for business?
The empty suit has become the empty everything…..empty podium….empty briefing…..guess they are all out of shiny objects to try and distract the American people………or they are too busy trying to sue the S&P…..
President Shamus O’Bumbler as a hot golf date with a member of his staff!
Obama speech canceled. Dow currently up $231. He better get out there fast and tank it again.
Good ol’ Barry…he’s probably too busy scheduling a fundraiser or playing golf.
The good news is, I’ve been helping the economy – ’cause every time I see his useless face on the tv, I throw something through it. Had to buy 6 new tv’s in the last month!
Someone needs to have a talk to Obama and explaine to him he needs to cut back on the parties, cut back on the golf, and then he needs to cut back on the government and recommend Cut (33%), Cap, & Balance!
No wonder the Dow is up 200+ points.
Stay away, Bad Magumbo.
They should just replace both of them with a sign that reads: “BUSH DID IT!”.
barry, please stay away until the market has recovered somewhat and our 401ks are in better shape.
The best thing obama could do for the economy is to resign, although that would still leave his partners-in-crime in place – Biden, Kerry, Frank, Pelosi, Reid, Clinton and the majority Senate.
Since obama’s boss Soros reportedly made $10 billion on this crash, I suspect “the plan” is working perfectly.
They are in secret session trying to figure out who else they can blame for their incompetence…………
Pretty sad when your absence as a leader does more to calm things down than when you actually show-up!
Cowdude
In 12 when this legion of theives and liars get voted out, look for the same thing that is happening in London to be in the streets of major liberal cities in America………..keep your powdwe dry.
@MN Jim
Yep, now Soreass has $10B to finance the mongrel’s re-election bid instead of just one measily billion. It’s great to have disposable income, isn’t it? Doubt he would have been able to do that in Russia.
*powder
@Smokey
Doubt it will happen where I live, but if it does the Sheriff will “clean” up the mess with extreme prejudice.
“Remain calm all is well.”
http://www.youtube.com/watch?v=2jqQsDklQEM
You see Obama takes his hands off the steering wheel the Dow goes up.
Saw a gr8 tweet
Blaming the TEA Party for the downgrade is like the guy with a 2 pack a day habit blaming his Lung Doctor for his cancer.
Maybe a good time for him to go on vacation……since he has not had much time away from the pressures of the job………..
Leading From Behind! The Land of OZ
Just think how much the stock market would rise if he resigned.
Obama caccils speach no one want to hear him oinking anymore
Economy 101: – O* + Forever = $$
The nation may not last until 2012. the congress needs to start investigations across the board or are these fuckers in bed with the lunatics running the nation?
It’s “3:00 AM” meets “Lead from behind”.
Upside for Obama: more time for golf.
Headed to Dover AFB, Delaware for photo-op:
http://www.nationaljournal.com/obama-cancels-schedule-to-meet-returned-bodies-of-fallen-troops-20110809
There was going to be a huge Tea Party protest, so he chickened out of going to Springfield.
“Paper Boy” Carney can now do his morning delivery route,
wipe down his Schwinn, and leisurely drink a cup of Ovaltine
in front of “The Young and the Restless”.
Obama, on the other hand, has some business at Dover, Md.
…..which will/won’t…will/won’t…. be open to the Press. Then
he can hit the links for a much-earned round of golf…and
think up the best way to “kill” Mitt Romney.
He quietly went to Dover for a photo op. I want to puke.
Run..Obama…Run
hide behind your curtain…
…nothing is as dangerous as a cornered animal…
beware of what the Commiecrats will do for a distraction…