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September 19, 2007

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Y'all Chickenhawks to Me - by Elmo (MP3)

(If you have trouble with the link right click and "save target as")

The half percent drop in interest rates will stem that mortgage refinance debacle a little, but not enough. Those mortgages were taken out when prime was 5% or maybe 6%.

Since then, it's topped out at 8.25% and yesterday was lowered to 7.75%.

That's a 36% increase in the cost of borrowing for people who's wages have only gone up maybe...maybe...ten percent. And mortgage payments eat up roughly 40% of your income (including escrow deposits and insurance), so anyway you slice it, the housing market is in seriously bad shape, even at the prime borrower level.

How disconnected from reality does someone have to be to think Dick friggin' Cheney has any credibility at all? I mean, did someone at the WSJ say "hey, you know who could most effectively counter this Greenspan shit? Dick Cheney!"? Are there wingnuts so divorced from any tangible plane of existence that they read this thing and say "checkmate!"?

Please, for the love of god, don't answer that.

Are there wingnuts so divorced from any tangible plane of existence that they read this thing and say "checkmate!"?

Well, see, it's like this...

Please, for the love of god, don't answer that.

Oh. Nevermind.

The man with the most apt first name in DC

Cheney's ability to be right about anything up to now should makes this an endorsement.

So Dick and Alan won't be having any warm fuzzy little chats now...wow...I am shocked...Dick doesn't think anyone is right...ever....( 450,00 Homes that is huge...we have a neighborhood full of empty foreclosed homes already...I didn't think it could get worse...of course I live in one of the worst counties...for Foreclosure...we should just call it Countrywide County....)

Why is Cheney even writing this? Doesn't he have like 9% approval rating?

Cheney is plenty competent when he's doing the bidding of his masters...and that ain't your and me, Gracie.

New English Language Edition Dictionary.... From the Royal Academy. England.

"Correct": corr-ect. To be of the opposite opinion of Dick Cheney.

Congrats Dick, you just made history as the first VP to make Ripley's believe it or not list in the " Longest string of mistaken opinions by a human ever---

You join your President in the honor. Way to go team!!!!

"Why is Cheney even writing this? Doesn't he have like 9% approval rating?"----More like 9% of Haliburton. No wonder he's so optimistic!

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