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steelworker's wife. i mean, it was beyond -- >> steve: it was the president himself who would benefit from the ad. he never came out to condemn it even though mitt romney said it's despicable. there is an ad -- rather there is a lie floating around now and that is that paul ryan, with his medicare plan, he wants to blow up medicare. that is a flat out lie because if you are 55 years or older, nothing would change for you. if you're on medicare right now, nothing would change. so that's something that you see floating around. then the romney people say, don't forget, if there has been anybody who has blown up medicare, it's been the president of the united states because he took $700 billion out of it. >> peter: i think stuart varney will be talking about some of these kind of myths, urban and rural myths that have popped up. >> steve: good! >> gretchen: going to be next. governor chris christie of new jersey is going to be delivering the republican national convention keynote speech now. he has been selected for ultimately the most important role other than that, of

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