Fake Fed Statement Generator

Wednesday, October 31, 2007 | 01:30 PM

While we await the Fed statement, my friend Paul, who has been stuck somewhere in Canada, has created the "fake Fed Statement generator."

Its classic econo-geek work by someone who appears to have gotten stuck in one too many airports:

>


Fake Federal Reserve Release
Release Date: October 30, 2007

For immediate release

The Federal Open Market Committee decided to increase its target for the federal funds rate by 75 basis points to 5 1/2 percent.

The Committee is desperately afraid that a more accommodative than usual stance of monetary policy, coupled with screwy underlying growth in analyst salaries, is providing marvelous support to economic activity. However, the relaxation of balance of payments concerns has moderated gold prices, moderated earnings upgrades, and lowered, generally speaking, debt markets. These developments, along with the uncertain stance of monetary policy and ongoing whizzy change in the price of Nebraska real estate, should foster decreased economic stability over time.

Although the timing and extent of that decline remains uncertain, the Committee perceives that over the next five minutes or so the upside and downside risks to the attainment of sustainable growth are not balanced. The Committee believes that, taken together, the balance of risks to achieving its goals is weighted toward ass-kicking growth for the foreseeable future.

 

Click Fed Chairman Bernanke Ben to create another fake FOMC release!

Ben-in-a-Box Fed Statement Generator ®

>

Awesome! Thanks for the afternoon laugh, Paul.

Wednesday, October 31, 2007 | 01:30 PM | Permalink | Comments (13) | TrackBack (0)
de.li.cious add to de.li.cious | digg digg this! | technorati add to technorati | email email this post

bn-image

TrackBack

TrackBack URL for this entry:
https://www.typepad.com/services/trackback/6a00d8341c52a953ef00e54f4420048834

Listed below are links to weblogs that reference Fake Fed Statement Generator:

Comments

Link is broken.

Posted by: Isaac | Oct 31, 2007 1:39:01 PM

The comments to this entry are closed.



Recent Posts

December 2008
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      

Archives

Complete Archives List

Blogroll

Blogroll

Category Cloud

On the Nightstand

On the Nightstand

 Subscribe in a reader

Get The Big Picture!
Enter your email address:


Read our privacy policy

Essays & Effluvia

The Apprenticed Investor

Apprenticed Investor

About Me

About Me
email me

Favorite Posts

Tools and Feeds

AddThis Social Bookmark Button

Add to Google Reader or Homepage

Subscribe to The Big Picture

Powered by FeedBurner

Add to Technorati Favorites

FeedBurner


My Wishlist

Worth Perusing

Worth Perusing

mp3s Spinning

MP3s Spinning

My Photo

Disclaimer

Disclaimer

Odds & Ends

Site by Moxie Design Studios™

FeedBurner