Thursday, January 8, 2009

US/World News


Burris Reid Smackdown Tops Cable Rankings

Burris Reid Smackdown Tops Cable Rankings

Illinois’ incoming junior senator Roland Burris’ no holds barred brawl with Senate Majority Leader Harry Reid drew over one hundred and eighty million viewers Wednesday, with political beatdown enthusiasts from every state in the nation tuning into the brutal five hour match.

Political observers were treated to the first such fight in over one hundred years thanks to an obscure Senate rule requiring disputed seats to be settled in the boxing ring.

Obama Urges Congress to “Spend like there’s no tomorrow, because if you don’t, THERE MAY NOT BE A TOMORROW.”

Obama Urges Congress to "Spend like there's no tomorrow, because if you don't, THERE MAY NOT BE A TOMORROW."

Citing an “economic booby trap of elephantine proportions,” President-elect Barack Obama urged Congress yesterday to pass yet another costly and ultimately ineffective “stimulus” bill as quickly as possible.

In response to the very utterance of the world’s favorite bureaucrat, stock prices surged in yet another record-setting rally—an undeniably positive sign that experts say signals an end to the economic crisis for the seventeenth time in the past six months.

Fannie, Freddie Boost Efforts to Minimize Responsibility

Fannie, Freddie Boost Efforts to Minimize Responsibility

Fannie Mae and Freddie Mac, the walking-dead government-owned mortgage-finance companies, announced Tuesday that they will accelerate their anti-responsibility efforts with a new accountability elimination program designed to cut financial obligations for struggling debtors.

The mortgage giants will target loans in which borrowers have given up paying back their mortgages for three months or more and have debt obligations that exceed fifty percent of their monthly income.

Previous Stories