I just watched a little of the coverage of the Republican National Convention on NBC.
Dick Cheney gave a speech after he accepted his Party’s nomination as Vice President. Among other things, he talked about how well the U.S. economy has recovered under George W. Bush’s leadership.
As an example of how well the economy was doing, Cheney said “Mortgage rates are low.” :mad:
Cheney, you are a great big flaming poopy head! Low interest rates are a sign of a bad economy!! The Federal Reserve lowers interest rates whenever the economy is weak and/or stagnant, in an attempt to stimulate economic growth. The only reason mortgage interest rates are as low as they are is because the Fed thinks the economy is still in the toilet! What have you been smoking, Dick? Your own feces?