A firestorm of public controversy has erupted in the wake of shocking new revelations regarding the political and economic opinions of beloved '60s television star Mr. Jinks, the cartoon cat loved 'round the world for his madcap pursuit of cl...
The fact that marine turtles are emerging healthy and buying stock is an excellent indicator of how the effects of the credit and subprime mortgage crises might ultimately effect people, especially those living in the coastline tourist and travel des...
A research assistant at the Federal Reserve Board, Stanley Mouch, in Washington DC last night discovered a substance which be believes is more numerous than all the grains of sand on the entire plant earth.
WASHINGTON (FMLiveWire) - US Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke today announced that they have contracted with the Reserve Bank of Zimbabwe to print inflationary American dollars.
In a stunning interview that left the reporters stunned, and perhaps a little shocked and awed, today the head of the largest banking cartel in this solar system explained the recent collapse of our worldwide financial system.
Pizza Time Theatre Inc., the parent company of Chuck E. Cheese restaurants has announced that Chuck E. Cheese Game Tokens (CECGT) will no longer be pegged to the dollar, but will instead be tied to a basket of currencies, including the Swiss franc, t...
WASHINGTON (FMLiveWire) - The US Internal Revenue Service (IRS) has begun refusing payment of taxes by American taxpayers in US dollars, and now insists on payment in Euros, gold or Swiss francs.
WASHINGTON (FMLiveWire) - In a radical move to liquefy the bankrupt and insolvent US banking system, the US Federal Reserve has begun accepting all sorts of worthless trash and crap as collateral from banks and securities dealers in exchange for new...
DURHAM -- In news with an ironic twist, just days after being voted the Most Expensive Place to Live in America, according to an analysis by the management consulting firm Runzheimer International, Krzyzewskiville finds itself high on the list of nei...
For many years, the late Wisconson Senator William Proxmire gave away prizes, called the Golden Fleece Awards, for excesses in government spending. Former winners included an $84,000 study to determine why people fall in love, another government fun...
In a move that startled even his most ardent admirers, President George Bush announced this week that the government is going out of business. Kaput. Finis.
The Federal Reserves and its Chairman, Ben Bernanke along with the US government is trying everything possible to get rid of a recession in the largest economy of the world. Interest rates were cut aggressively; Congress and the President sanctioned...
WASHINGTON (FMLiveWire) - The Federal Deposit Insurance Corporation (FDIC) has begun a "death watch" on dozens of failing US banks which are drowning in their own debts and piles of worthless subprime, derivative and other investments.
Congress is set to finalize the stimulus package that President Bush has proposed to help stimulate the U.S. economy. Checks hopefully will start going out around May. The stimulus package is a reaction to the sub-prime market meltdown and various in...
George W Bush won his eighth consecutive Highspend Trophy today, with a $3 Trillion budget including over $400 Billion in new debt.
The balloons may have popped, the champagne may have gone flat and the Porsche may have lost its sheen but an in-depth analysis of the recent financial ups-and-downs to hit global money markets has shown that the mar...
President George W. Bush assured Americans that the economy is "just dandy" today while speaking at a convention for the homeless in New Orleans. Bush pointed to a variety of statistics that show what he called "teeny tiny drops"...
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