Fed Chief Bernanke Ups Interest Rates 1.25% "Just To Mess With People's Heads"
New York, January 30, 2008 -- In a surprise move that has left market analysts worldwide scratching their heads, Federal Reserve Chairman Ben Bernanke raised, rather than lowered, the discount and fed funds rates by an unprecedented 1.25% this afternoon.
Fed Chief Ben Bernanke
America's 400 Richest Join Forces to Eradicate Poverty, Hunger
New York, November 22, 2005 -- In a stunning development that will improve and save the lives of billions, and perhaps even change the course of history, the 400 wealthiest people in the United States have signed an agreement to each contribute half their assets to a newly formed global fund to fight poverty, hunger and disease.
Bush Withdraws Justice Samuel Alito's Supreme Court Nomination
Washington, D.C., March 2, 2006 -- President George W. Bush said today he will be withdrawing his nomination of Justice Samuel Alito to the United States Supreme Court, citing "second thoughts". According to President Bush, Justice Alito, who was swept into the court on a initial tide of nearly universal approval among conservatives, "isn't working out exactly like I planned it".
Federal Minimum Wage Rate Reduced To Button
Washington, D.C., March 22, 2015 -- Despite stiff opposition from Democrats, the Republican-controlled House of Representatives today approved a measure officially reducing the federal minimum wage rate from $5.15 per hour to one button.
Example of the new federal minimum wage
While individual states will still have the right granted by President Clinton to set their own minimum wages higher, no state will henceforth be required to pay workers more than the newly mandated button.
10 Worst Ideas and Inventions of 2008
Los Angeles, California January 15, 2009 -- As the saying goes, "for every good idea there are dozens of bad ideas." Rather than sort through the dozens of bad ideas and horrible inventions released onto the unwary public this year, the Avant News Consumer Advisory Committee along with the Avant News Public Awareness Department put together the following list of the 10 Worst Ideas and Inventions of 2008:
Archeology Report: The Armstrong Tautologies
Wapakoneta, Ohio, July 21, 2069 -- Researchers exploring the recently reopened tomb of the late astronaut Neil Armstrong have happened upon a treasure trove of previously unknown recorded material that promises to conclusively resolve the long-standing question of the famous Armstrong tautology.
Astronauts Neil Armstrong and Edwin (Buzz) Aldrin bicker over who gets to plant the flag
Treasury Sec. Paulson Calls Chain Letter, Lotto Buyback Cures to Deficit Woes
Washington, D.C., March 12, 2008 -- Treasury Secretary Henry M. Paulson, Jr., speaking at the annual meeting of the Conservative Economists' Union, today outlined a plan to alleviate the Bush administration's record federal deficit through "government chain letters and Lotto buyback initiatives".
Treasury Secretary Henry M. Paulson, Jr.
Pledging "Fresh, Clean Start", Disney Clones Britney
Burbank, CA, July 19, 2008 -- A spokesman for The Walt Disney Company, creator of erratic pop diva Britney Spears, said the company has decided to "cut its losses" and genetically engineer a new, improved Britney Spears using cutting-edge cloning technology.
Britney Spears (version I)
Ali Baba Archeologists Unearth Saddam's WMD
Tikrit, Iraq, April 30, 2338 -- Archeologists excavating near the Iraqi town of Tikrit last week were startled to discover what may at last be solid evidence of Saddam Hussein's weapons of mass destruction, or WMD, over 334 years after they were last mentioned publicly.
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