Nicki Minaj Nip Slip Parents Council Rips 'GMA' You FAILED On the 5-Sec Delay!

8/5/2011 8:53 AM PDT

Parents TV Council -- 'GMA' Failed On 5-Second Delay

The Parents Television Council is blasting "Good Morning America" for airing Nicki Minaj's nip slip on live TV this morning ... saying the whole thing COULD have been prevented with a 5-second delay.

TMZ spoke with Tim Winter, president of the PTC, who tells us, "For the umpteenth time in recent memory a morning news show has included inappropriate content for children and families."

He adds, "Instead of asking for forgiveness, they need to stop apologizing and implement the five second delay that so many Americans have been calling for.” 

As we previously reported, Minaj's left breast popped out of her top during a performance on "GMA" this morning -- and her exposed nipple was broadcasted to the entire East Coast audience.