Tag Archive | "Libor"

Faith in Fed Interest Rate Hike at All-Time High


WASHINGTON – Faith that the Federal Reserve Bank will finally raise interest rates, after years of broken promises, is now at an all-time high.

“The Fed is really going to raise rates after our next meeting,” said Norman Bates, Chair of the Philadelphia Federal Reserve. “We promise. Personally, I’m betting big on a substantial interest rate hike. I can’t wait.”

“Of course we will raise the interest rate,” said New York Fed Chair David Rockemellon. “We just have to do it at our next meeting.” Read the full story

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Commoners Tell Romneys ‘Screw You and the Dressage Horse You Rode in On’


While the financially elite in London are said to be looking forward to showing Mitt and Ann Romney a jolly good time in London this week, the majority of ordinary Londoners would be just as happy to see the Romneys go elsewhere for what is deceptively being billed as ‘Mitt Romney’s first foreign tour of his candidacy.”

“Screw ‘em and the dressage ‘orse they rode in on,” said Edna Swanscot, a volunteer at the London Olympics, who is primarily in charge of mucking the horse stalls, including the one where Ann Romney’s horse, Refalca, will be stabled during the dressage event.

“Betcha I ain’t gonna get to shake ‘ands with that rotter and ‘e’s wife, even if I clean me ‘ands on me apron first,” she said.

Swanscot’s husband, Earl, agreed “Thems ain’t ‘ere to rub elbows with the likes of us, I’ll say that much. Rather, the wifey’s ‘ere to show off ‘er fancy ‘orse, and ‘er ‘usband’s ‘ere to meet up widdem scoundrels wots from them crooked banks, ‘e is.”

Anticipating the next question, Earl then concluded “Yeah, I realize I ain’t pronouncing my effin’ aiches. It’s you Americans ‘oo want the ‘ole British reality thing, now innit?”

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