Tag Archives: Economy
What triggered the economic crisis? Accountants add it up
New York — After more than five years of intense investigations and calculations, a panel of 27 accountants has discovered the direct cause of the ongoing collapse of the world’s economy. Its finding: A bookkeeper for a tax accounting firm … Continue reading
Sequester’s Unintended Consequences Will Cause Chaos
Washington, DC — The upside of the government’s sequester initiative is a $1.2 trillion reduction in the deficit. The downside is that the blunt force action will produce many unanticipated cuts and changes that will adversely affect every American. A … Continue reading
Keystone, South Dakota – The Mount Rushmore National Memorial was severely damaged last night by a missile fired by a US military drone. The attack apparently was commissioned by Congress in what is now being called “a clerical error.” “Our … Continue reading
Mitt Romney launches a ‘War on Bankruptcy’
New York City – Republican presidential candidate Mitt Romney has declared war on what he says is the leading cause for America’s ongoing fiscal crisis — bankruptcy. In fact, Romney revealed that his entire economic/fiscal policy is tied to the … Continue reading
Washington Outlaws Money; Puts Americans on a Credit Allowance
Washington DC – Your money isn’t good here anymore. A new ruling by the Federal Reserve prohibits Americans from “owning, possessing or utilizing” money, in any shape or form, under the threat of life imprisonment. The prohibition is at the … Continue reading
Tsunami-Driven Toyota Dealership Washes Up In California
Venice, California — Japan’s 2011 tsunami has brought yet another surprise to American shores. A Toyota dealership, complete with a sales staff and a service dapartment, has landed on the beach here, less than a week after a Japanese fishing … Continue reading
Olympics Scaled Down to Face Debt Crisis Realities
London — The 2012 Olympic Games may be weeks away, but they are already feeling the effects of the European debt crisis. A long list of austerity measures is being implemented to help the international competition survive in an atmosphere … Continue reading
Wall Street’s IQ Plunges Below 70, Triggering A ‘Too Dumb To Fall’ Bailout
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. … Continue reading
The Evening Snark 