British Prime Minister David Cameron admitted yesterday to accidently leaving the UK Economy "in the shitter" at the weekend. A Downing Street Special Advisory Public Relations Advisor, defended the Prime Ministers' lack of judgement as an act of ex...
The Bank of England has once again left UK interest rates unchanged and announced no expansion to its quantitative easing (QE) programme. Rates have now been held at the current record low for more than three years. "We're just not that bothere...
Angry tourists gathered in Athens today as it emerged that Greece has ceased trading. The news emerged as German bailiffs closed in to recover unpaid bailout funds. In the words of one, Mr Hans Offenkraut: "When we broke into the country this...
A Eurodrone has hit the biggest bank in Europe resulting in a Greek farce followed by a Spanish siesta. Barack Obama, facing an election soon is defending the eurodrone attack saying that all diplomatic attempts at resolving the crisis had failed. He...
ATHENS - Today, the Greek government has decided to take "extreme" measures to address its financial problems. A three-pronged legal attacks is expected to be filed Monday in every major world capital, "Demanding back payments for centuries worth of...
Many people, including politicians Barack Obama and Mitt Romney, author/activists Charles Ferguson and Noam Chomsky, and economists Larry Summers and Raghuram Rajan, have weighed in on (or denied) the fraud, political manipulations and criminal wrong...
London - A Royal Freak Hospital emeritus professor of psychiatry has drubbed reports blaming cut-price shrinks for the mess in Europe. Speaking to journalists this afternoon Prof Einstein Flintstone said there's no point in analysing in bleedin' o...
With the news that they will be thrown out of the Euro, the Greeks now have the decision to make of what to call their new currency. "We could go back to the Drachma," said head of the Greek Mint, Polo Trebor. "It's got bad memories though." In...
In an unprecedented show of unity 26 of the 27 European Member States agreed to ban the word austerity from their respective languages. As expected, Greece used its' veto against the proposal before releasing the following statement; "In the off...
Chancellor Osborne (Ozzie to his mates - more later) has announced his plan for the rescue of the British economy. "We will announce new taxation rates that will take the average British family's annual bill to approximately 112.376% of their annu...
New York City - The collective IQ of Wall Street executives has dropped below the mental retardation level for the first time ever, prompting the Federal Reserve to impose the "too dumb to fall" provisions of the Barney Frank Act. Implementing a s...
Since 1967, Israel has maintained a presence on the West Bank, the Palestinian territory situated west of the Jordan River and the Dead Sea. Although the United Nations Security Council has, since 1979, referred to the West Bank as "Palestinian terri...
Bank of America President and CEO Brian Moynihan doesn't claim to be a gifted chef. "I can barely find my way around a kitchen," he admitted with a self-deprecating grin. "But I felt such strong appreciation for our loyal bank employees that I wa...
Bank of America CEO Brian Moynihan is grateful and proud to be part of the 1% that possess nearly all of the nation's wealth. Nevertheless, Moynihan hasn't forgotten about the 99% who aren't quite so fortunate - far from it. "I've been blessed," h...
To millions of Americans who, for years, have encountered difficulties in receiving packages scheduled for delivery by the United Parcel Service, it arguably came as little surprise when an investigation by the Federal Bureau of Investigation recentl...
The United States Bureau of Labor has reported that for the first time in the past 6 years, unemployment rates have dropped a statistically remarkable 3%, with a corresponding 3% increase in levels of wage slavery. According to President Obama, th...
According to Porter economic theory companies can compete in two ways - price leadership or product differentiation. Unlike Primark where you can buy a suit for £29, fund managers are traditionally coy about disclosing all their charges, lest the cus...
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