UPDATE @ 1:45 PM: Still waiting for the President. The Dow is down over 400, btw.
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UPDATE @ 1:20 PM: The speech has been moved back to 1:30 PM ET. CNN's Wolf Blitzer is interviewing that economic genius/buffoon Donald Trump. The chyron reads: "Real Estate Mogul, Reality TV Star." Yep. Says it all. That's CNN's idea of an expert. Helps explain the role the media has played in fomenting this mess.
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At 11 AM ET this morning, the White House announced "the President will deliver a statement to the press in the State Dining Room." It's believed he'll address the economy (focusing on the S & P downgrade) and the recent tragedy in Afghanistan.
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