WASHINGTON, DC - Senior aide to President Obama, David Plouffe, warned Congressional Democrats to avoid the use of the word "package" when talking about stimulus "plans". He said that "package" can have negative connotations, especially if an Afri...
WASHINGTON, DC - In a risky move, President Obama has decided to ignore the economy and focus on a more important issue: The 2010 midterm elections. The White House had promised a recovery summer, but unemployment rose to 9.6 percent last month, a...
Secretary of State Hillary Clinton, fresh off reminding everyone SHE brokered the Irish Peace Accord after the recent egging of former PM Blair in Dublin, announced that the President would be seeking economic stimulus advice from the recently disgra...
WASHINGTON, DC - President Barack Hussein Obama announced today that he would be visiting all 975 US workers to thank them personally for their hard work. The 47-state tour will begin Monday (Labor Day) and will take approximately six days to comp...
The press corps was shocked yesterday when the CEO of BP Oil appeared at the lectern. He was dressed in torn and shabby clothes. His wife was with him in a dirty and frayed cotton house dress. His children looked straight out of Charles Dickens.
WASHINGTON, DC - President Obama released his new Advanced Stimulus System (ASS), that he touts as "twice as good as the last plan". Although the details of the plan won't be released until next week, he outlined the cost and the benefits: "Wh...
Due to immense public pressure, the Government have been forced to scrap plans to sell off the Port of Dover. The planned sale to Nord-pas-de-Calais regional council, which also owns Calais, was hoped to net over £350million for the Treasury. T...
Now that the Government's independent banking commission is looking at reform in the industry, banking giant HSBC has announced that it intends to increasingly replace £20 Notes with the smaller £5 denomination as it runs down stocks of the banknote...
Afghan politicians, drug lords, Taliban Chieftains, CIA informants and Al Qaeda fighters all stood in line today as the run on the Bank of Kabul extended into a second day prompting the major stockholder to call on the US for 'just another little bai...
Rich people all over the world, from bankers to celebrities, with the exception of the Greeks, are finally stepping up to the plate and offering to buy as many new luxury items as they can if it will help revive the world's ailing economies. From...
The recession has gotten so bad that most businesses in the country's market sectors, including technology, capital goods, and energy have been showing losses for the past 6 months or more. This is alarming but it is in line with what the effects of...
For every half-broke family who were advised to "buy as much house as you can get financing for" during the sub-prime lending craze, there was a mortgage broker, and a realtor, an Attorney for buyer and seller, a title insurance company, and countles...
Jackson Hole, WY (BNSE): Mired with increasing signals of an unexpected economic slowdown and the possibility of a double dip recession, the Federal Reserve announced a series of "unconventional" programs it is prepared to undertake in order to sta...
The government is to introduce a new vole-based economic strategy, in an effort to address its flagging popularity. David Cameron told a puzzled press conference: "We have decided to widen the scope of the Big Society by including small rodents. T...
The Coalition Government is concerned that a biased so- called study by a group of dim witted economists, known as the Institute of Fiscal Studies could distract people from the birth of the Cameron's daughter. The think tank declared that the Gov...
Better keep an eye out on what's going on in the Middle East as our gas could go up to $15 a gallon practically overnight. The situation is this: Israel cannot afford to allow Iran to go nuclear because they could use the weapons or threaten to...
Leaders of the Grey Economy are advising people 'of a certain age' to stop saving and spend. Not only will this help to revive the ailing economy it will mean they can apply for all the benefits being taken away because they have too much saved to...
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