Colonel Gaddafi has said that he will not leave Libya, and will die a martyr.
During his defiant, rambling speech he tried to stir Libyans into reacting against the protesters. He used rhetoric about defying and defeating America, Britain and NATO.
He suggested that the young people of Libya were trying to emulate the people of Tunisia and Egypt, which he conceded.
He then went on to say that these young people - which he referred to as "cockroaches" - had been given drink, drugs and arms by unspecified groups and this was the cause of their actions.
He went on to say that if he had been a president he would have resigned, but as he was not he couldn't.
He said that he had already resolved the issue of power in Libya, saying the country was managed by the people via people's committees, which he suggested he may try to reform.
Gaddafi said that from tomorrow security should be restored by the police and the military. He also urged Libyans to "chase away" and "destroy" the protesters.
He continued by saying that if order wasn't restored then America would occupy Libya, and went on to discuss US engagement in Iraq and Afghanistan.
The tone of his speech was defiant and did not sound like a leader that was about to step down.
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