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Posts Tagged ‘interest rates’

Obama Keeps Child Slaves In Fancy Illegal House

Monday, July 7th, 2008

The front page of GOP.com — one of America’s top sources of humor — uses this graphic to represent “Obama’s Glass Houses.” It links to a scandalous item about how Obama locked into a modestly below-average mortgage rate because he had good credit. Oh no that is terrible oh no. We’re mostly interested in the “glass house” illustration in this graphic, however. Is that what a Liberal’s illegally-financed home looks like? All clear-like with fancy angles and such? Indeed, most Liberals live in subprime replicas of Dulles airport. [GOP.com]


Federal Reserve Can’t Stop Saving Economy!

Tuesday, March 18th, 2008

The Federal Reserve cut the federal funds rate — its “big deal” interest rate — by another 3/4 of a percentage point this afternoon, bringing the number down to 2.25%. This is the second 3/4-point cut in recent months, meaning Ben Bernanke is probably on speed since that is a lot to cut. MORE »


Ben Bernanke To Save America From Stagflation

Wednesday, February 27th, 2008

Federal Reserve chairman Ben Bernanke testified about our flourishing American economy to Congress again today, and the economy’s just not good at all! He signaled more rate cuts would come to stave off the growing credit crisis, but balanced it with fears of inflation. As the Federal Reserve noted in its semi-annual policy report today, it foresees “a negative combination of below-trend growth and inflation rates topping 2% this year, though conditions are expected to start improving in 2009.” So we’ll have horrible stagflation for all of 2008, but Ben Bernanke will make 2009 wondrous! MORE »


Ben Bernanke Saves Economy Again, For Eternity!

Wednesday, January 30th, 2008

The Federal Reserve cut the federal funds rate — “the” rate — by half of a percentage point today to 3%, a week after they freaked out and cut it by three-quarters of a point. Ben Bernanke and his minions indicated there may be more rate cuts on the way, too. Hooray! Eventually they can get that bitch down to 1%, then we can all buy mansions with $5 down payments and deal with the damn adjustable interest later. Because we’re all getting mansions! [AP/Breitbart]