Tag Archive | "wall street"

Newt Volunteers/Threatens to Join Mars One-Way Mission (If Not Appointed to Cabinet)


Fallow bucket of human compost and erstwhile DC King Maker Newton Leroy Gingrich has put up his name as a possible applicant for a one-way mission to Mars…

That is, assuming he can’t secure a cabinet position in Trump’s administration.

Successor to Tom Foley and human embodiment of Mr. Potato Head Newt Gingrich has already pointed out his months of suckling up to the dry teat of the Trump campaign (despite only twice getting his parking validated), and is already seeking a new level of validation. He wants to be the first post-menopausal man on Mars, if he can’t get a place in Trump’s cabinet. Read the full story


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Devastating Campaign Trail Interview: Hillary ‘Misspeaks’ Over Links to Wall Street

Hillary Clinton is renowned for her talents in the highly competitive artistic fields of evasive and equivocal rhetoricmongering. How did she react recently when I grilled her about her ties to Wall Street?

Wall Street? Uh, excuse me, but we’re going to have to define our terms here. [Aside]: And by ‘we,’ I mean ‘me…’ ohhh, shit! It’s not really working this time, is it??

You know, all these big banks you are receiving money from?

Well, first of all, how do you define ‘big?’ Read the full story


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Mitt Romney Cannot, Will Not Win (Yet Again) And Here’s Why

Time Magazine has a great article about Mitt Romney, and how his third (and final?) attempt at running for office will be no better than before.

On the early morning of Election 2012 I ran an article entitled “Obama WILL Win Today, And Here’s Why” and I was blasted by conservative friends for it. Read the full story


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“Drones May Not Attack Banks” says new U.S. Drone Czar

WASHINGTON – The newly appointed US Drone Czar announced today that attack drones operating on US soil may not attack US banks without prior approval of the Federal Reserve Bank.

“Let me be clear,” stated General Quentin Easing, the new US Homeland Drone Czar. “We are only permitted to attack US banks on US soil with attack drones if we receive prior authorization from the US Federal Reserve Bank. We can’t just attack any bank we like. It’s the law.” Read the full story


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The Many (questionable) Roads To Success

So many are struggling in our current difficult economic times where the few controlling the financial strings of the country have the rest of us dancing around just to survive while they watch from the porches of their grand estates grandly amused.

In order to help those so afflicted (approximately 90% of the population) we offer this famous series of success videos and books designed to show you examples of what other individuals, groups and nations have done to win wealth for themselves. Read the full story


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Wall Street Banks’ Financial Dealings Stump the Lord Almighty

Dateline: NEW YORK—A cabal of Wall Street bankers runs a global crime syndicate that buys the regulators of their industry, rigs the rules of the market, and uses convoluted financial instruments and bogus mathematical models to siphon cash from the majority of people in modern economies, according to many experts.

However, no judge or jury has convicted the bankers of any crime, because no one other than the bankers understands exactly how they’re doing what they’re doing. Read the full story


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Rating Agencies Themselves Downgraded

Policy makers have agreed that financial rating agencies are to be reformed.

In the expected announcement, the European Parliament said; “The Big Three, Moody’s, Finch and Standard and Poor’s, are now so far behind financial trends that we have no other option then to downgrade them”.

The downgrade comes at a bad time for rating agencies, which are under criticism for the poor timing of their own downgrading announcements of countries, companies or banks. Read the full story


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Goldman Sachs to Make Money from Young Convicts

Goldman Sachs, the Wall Street investment firm that profited heavily from the world-wide collapse in subprime mortgage bonds, has announced that it will participate in a bold new experiment to apply the principles of greed and the profit motive to the problem of preventing young ex-cons from returning to prison in New York City.

“New York City is continually seeking innovative new ways to tackle the most entrenched problems, and helping young people who land in jail stay out of trouble when they return home is one of the most difficult — and important — challenges we face,” said Mayor Michael Bloomberg. Read the full story


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Charlie Brown-Lucy Reunion Ends Badly

Another chapter in the long history of unintended consequences was written this week, as two former child stars found themselves in the no longer adoring media spotlight. By all accounts, things began innocently enough at the Aaron Burr High School reunion for the Class of ’86. It was later in the evening’s festivities that events began to spiral terribly out of control. Read the full story


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Invisible Hand Sees its own Shadow, Two More Fiscal Quarters of Economic Downturn

New York, NY– On wall street today, the opening bell signaled one of the institution’s more macabre traditions, releasing the invisible hand, to determine whether it can see its own shadow or not. This tradition dates back to Adam Smith’s initial inception of the Invisible Hand. Ever since Smith coined the term in his work The Theory of Moral Sentiments, economic policy makers have captured the Invisible Hand and subject it to what is known in the meteorological field as “the shadow test.”

Al Roker explains “The [shadow] test is one of the most hallowed scientific institutions of all time. Groundhogs prove to be the most useful in meteorology, but a wide array of shadows can be used to determine a number of different unforeseen outcomes. Unfortunately for Wall Street, the Invisible Hand has seen its shadow quite regularly for the past decade.”

It has been reported that the primary reason for Austan Goolsbee’s inability to properly ascertain rises and falls in the economy, ultimately leading to his resignation, was in most part due to his disbelief in this sacred practice.

“Austan’s a smart guy, but there are some things that just work,” explains Paul Krugman, Nobel Prize-winning Professor of Economics at Princeton University.

“The shadow test lets us build a road map for the year to come. Without it, we would all be pretty much shooting in the dark. How in the hell are we supposed to know what people are going to do with their money? Just the other day I bought a Kindle when I already had a Nook, who does that?”

Economic policy makers in the White House have already been hard at work to limit the effects forecast by the Invisible Hand, but has met stern opposition from Tea Party members. Rep. Paul Ryan (R-Wis) has been one of President Obama’s most outspoken critics. Ryan asserts that “Obama can’t possibly think he’s powerful enough to take on the Invisible Hand of Economics. I mean, it has built and destroyed empires. The Invisible Hand will always prevail against socialist tyrants, all hail the Invisible Hand.”

Despite the ominous warnings issued by the 18th century metaphor, Americans seem to be optimistic. A recent Gallup Poll showed that only 3 percent of Americans believed that they believed the hand’s predictions to be true while the other 97 percent responded “invisible what? Is it like a stranger?”

So far, reports have not been confirmed that another shadow test will be administered any time soon. Krugman continued, “This is science, you can’t just try it over again to see if you get different results. That’s not how reproducible observation works. That would be like using a Magic 8 Ball.”


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Wall Street Whizzes “Said Sorry”, Beg Public for New Nest Eggs

The front page of USA Today announced that ‘Five Wall Street Heavyweights say it’s time to “Get Back Into Stocks!”’

Yes folks, for those of you who are not unemployed or living out of a storage unit, it is time to take your hard-earned cash and put it back into the hands of those people who almost sunk the United States like it was the Titanic.

Hey, what the heck! It’s only money. It’s not like you need it to survive in our modern world. Read the full story


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The Term ‘CEO’ Now Has So Many Different Meanings

At one time in our no-so-distant past the term ‘CEO’, meaning ‘Chief Executive Officer’, was invented to replace the perfectly good word ‘President’ as the title for the person heading up a company or corporation.

For some reason, some bureaucratic gerbils somewhere decided that acronyms were better than names for describing institutions, treaties, corporations and other entities of importance because it made them sound cooler and more authoritative. Read the full story


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Bank Deemed ‘Too Big to Succeed’

NEW YORK (GlossyNews) — Analysts predict a drop in equity markets this week, in the wake of unexpected SEC announcements. Investment giant Guildenstern & Rosencrantz, long a Wall Street presence, is to be liquidated.

The word came from Under Assistant Treasury Secretary David Cassidy today, simultaneous with deployment of the SEC’s elite SWAT CPA force. Cassidy predicted the G&R perimeter would be secured quickly, and then detailed the reasons behind the operation. Read the full story


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Study Reveals Jobless Feel Frustrated

WASHINGTON DC (GlossyNews) — Delores Delgado, Under Assistant Secretary for the Obvious today held a joint news conference with NIH director Dr. Gary Carey, to announce results of a five year research project many found alarming and disturbing.

Per the $180 Million study, it appears that people don’t enjoy being without jobs, and are highly pissed about it, Read the full story


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Worried Investors Turn to Aluminum

Arkadelphia, AR (GlossyNews) — As fears of a sluggish recovery keep stock markets anemic, more investors are seeking safe haven in aluminum; a metal some call the new platinum.

The shift comes as a surprise, even to Wall Street insiders. Gordon Gecko, of investment bank Guildenstern & Rosecrantz said, “The thing’s really weird. The aluminum market should be dead, but it’s like it doesn’t know that.”

Your Glossy News reporter got to the bottom of the mess; it’s a tangled tale of complexity that staggers the imagination. But first, the boring stuff…

Continued strength in aluminum defies orthodox business models. Read the full story


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Corporate Execs Spell Out Their Goals — Greed, Lust and Power

Mission statements are a modern attempt to give pretend meaning and an acceptable facade to the corporation in its never ending pursuit of profits. They are the true intentions and purposes of the business, supposedly. The problem is that the facade is leaning and the meaning is muddled. If we could see the corporate executive’s REAL intentions, they might look something like this: Read the full story


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