WASHINGTON – Embattled Federal Reserve chairman Ben Bernanke’s position on the limited ability of the Fed to stimulate the nation’s sluggish economy was vigorously defended today by a homeless and badly undernourished former expert on monetary policy.

Arthur Peterson, a 58-year-old unemployed economist who is unable to remember the last meal he ate, said he agrees with Bernanke’s assessment and doubts that any attempt by the agency to bolster short-term economic growth would be sufficient to prevent him from starving to death by the end of this week. Read the full story

Just as the rich say that breaking the cycle of poverty is a never-ending battle because it is self-perpetuating, some are now using that same logic to try and explain the unmitigated greed that is threatening to tear apart entire states such as Wisconsin and Michigan.

The rich, or as they like to refer to themselves as “the haves” say they simply can’t help it. Read the full story

Losers around the world are waking up today to the sad realization that regardless of what they’ve been told in school and the workplace, the win-win scenario just doesn’t exist. “It’s a ploy,” said Winton Gardensalad from Montauk, NY. “I played along for most of my life and look where it’s gotten me,” he said from the sad little 8 x 10 room he calls home at the Happy-go-Lucky Retirement Center. Read the full story

STURGIS, Mississippi (GlossyNews) — The bailout recovery has finally come full circle as the recipients have finally stabilized their companies and are ready to rehire their workers. A shock came about, however, when it was found out that most of their old workers had either starved to death or were homeless and couldn’t be found.

“It was surprising to us.” said Chief Investor Charles Fatbelly, speaking at the ‘Back On Top’ banquet for top Wall Street executives while munching on pheasant under glass. “I thought there was supposed to be a trickle down of some sort. Oh, well, we’ll just import some people from India.” Read the full story

WASHINGTON, D.C (GlossyNews) — Americans are still too fat, but obesity rates in the United States appear to be slowing, according to newly released research.

Government data show that 68 percent of U.S. adults are considered overweight, having a body mass index of 25 or higher. A third are obese, having a body mass index of 30 or higher. Read the full story

This article was written and published as a satire on the fiscal state of wasteful celebrities, specifically Nicolas Cage, who has earned vast fortunes but still went broke. We learned that some have taken this farce as fact, but wish to set the record straight. This story IN NO WAY reflects upon Mr. Morrison and he has NOT filed for bankruptcy. He was simply chosen because his music has remained timelessly brilliant throughout the decades.

DUBLIN – Irish singer and curmudgeon Van Morrison has filed for bankruptcy in Irish Bankruptcy Court, according to a notice published on his official website today. The famously gruff singer-songwriter informed his fans that he has debts of 652 million € and assets of only 40 million € yet he stopped short of accepting responsibility for his financial meltdown. Read the full story

Dear Hank,

I recently received this email and thought I would ask your advice about how to respond. You see I am currently unemployed and this job offer would be such a big help for me to put food on my family table.

Subject: ATTENTION: COUNSELLOR

Attention: Counselor, Read the full story

A real look into the impoverished areas of America: their drug use, prostitution, violence… and why they happen!

Written from my own personal working experience…

It takes someone who has really hardened his or her heart to integrate into some of these impoverished areas in America and serve there — because of some of the things that he or she will see and bear witness to. Read the full story

The White House - Americans are being asked to team up and pool their resources to further stem the tide of inflation and allow everyone a better chance of getting back on their feet. President Obama, over the weekend, issued a statement regarding his “Buddy Breaks” initiative. Read the full story