Iceland's PM Geir Hallgrimur Haarde announced today the immediate collapse of his government in the wake of the country's dire economic crisis; news that came as a shock to a busy world community that had entirely forgotten Iceland existed. In a h...
WASHINGTON, D.C. - Following the House of Representatives' passage of an $819 billion economic stimulus bill without the benefit of one single Republican vote, President Obama has proposed a revolutionary new bill providing augmentative surgery for H...
Hollywood CA: The respected heads of the porn industry have made a pitch to the Obama Administration and to the 111th Congress for a $5 Million Bailout Package for the PORN Industry. The initial plea made to the outgoing Bush Administration was limp...
London,UK/ Auto Nostalgia News - Treasury Business Secretary Peter Mandelson made auto news today with the announcement that $3.2B would be made available to bring back iconic English car marquees, Morgan and MG Motors in the hopes of stimulating th...
Representatives at this year's Davos conference are rioting, according to Twitter reports from the Swiss resort. A series of meetings have been placed at risk after delegates have taken to violence over bar bills. At a meeting dubbed Banking Af...
The judge in the Bernie Madoff trial has dismissed the case against the swindler who bilked clients in a $50 billion Ponzi scheme when his lawyers presented evidence that the entire US economy is based on the same scheme. "The whole schmiel is...
The International Monetary Fund today released its latest damning figures, with Britain showing as worst-placed to endure the global economic downturn. The startling report by the IMF states baldly that the UK economy will contract by 2.8% in 2009...
The United States government announced the outline of their newest stimulus plan today. The plan, which involves distributing $200 billion to random Americans by throwing small bills out of the cockpits of WWI era aircraft, is expected to begin some...
After being pressured by the Obama administration, Sleazigroup Inc. reversed it's course today and said it will not take delivery of an expensive corporate jet it previously planned to purchase. The canceled deal comes amid a chorus of concerns fr...
Alistair Darling is to start using RBS cash machines to put quantitative easing in place. The BBC's Robert Peston reports the Treasury is drawing up plans to pump more money into the economy through lucky cash machines. On average, according to...
Government officials in Zimbabwe declared victory today over runaway inflation, stating it was finally defeated. To bolster the public's confidence in the nation's currency, Zimbabwe Mint officials issued a 100 trillion dollar coin as evidence demons...
Bent Fork, Indiana. - There was jubilation in the U.S. car industry when Dr. Arnold Goldstein of Pineneedle County, Sasquahama Falls, Wyoming, bought a new car today. Standing proudly beside his CX420 at the Bent Fork dealership of General Motors...
President Obama on Friday stepped squarely into the fractious mess known as Congress to assemble his $825 bazillion economic recovery package, seeking to quell criticism and squabbling from both parties and to retain leadership on an initiative that...
Washington, DC - Soon the backbone of our economy, America's middle class, blue-color workers, men in hardhats, steel toed boots and holding black lunch-buckets on their laps on their way to their new jobs promised will be seated alongside the nation...
WASHINGTON, D.C. - Upon meeting Congressional leaders to discuss an economic stimulus plan with them, US President Barack Obama addressed news on the country's economy. "I've asked Larry Summers... my top economic advisor, to give me daily briefings...
The citizens of the United States today in a mass movement became the largest bank in the world. Strapped with the responsibility of saving huge financial institutions from insolvency and the auto industry as well as a number of other enterprises, th...
CHICAGO, Illinois - Talk show host, media mogul, and the new Secretary of The Treasury Oprah Winfrey has just announced that she is personally lending the United States government $2 billion. Ms. Winfrey, owns five mansions in five different state...
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