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Posts Tagged ‘Ecomony’

Stimulate Me: $838 Billion Bailout is Official

2/11/09 - Posted by Evan Kessler under Economy, US

Not since Bob Dole stumped for Viagra has there been this much ado about the government’s need to bring about a rise in the good fortunes of the American Public.

In hopes of lifting the nation from it’s financial doldrums, the United States Senate has finally passed the long-awaited, long-debated stimulus plan to combat the nation’s worst financial crisis in decades. The $838 Billion bill garnered the favor of only three Republicans en route to a 61-37 margin of passage, as a spirit of partisanship continued to mar the institution of government despite President Obama’s efforts to make both the Dems and the G.O.P. play nice in this time of crisis. While the bill did pass, further negotiations took place late last evening to get the figure down around $790 Billion, forcing both sides to make compromises. Included in the concessions: a cutback on a $35.5 billion proposal to provide a $15,000 homebuyer tax credit that the Senate had approved the week before, and a several more nitpicky edits. For instance, the Republicans really wanted the Meat Lovers pizza to tide them over during the late night session, but the Dems outvoted them in favor of a more practical plain pizza with no extra cheesy bread, saving the US over $1.50 a head.

McDonalds Posts Fat Profits, We Post, uh, Fat

1/27/09 - Posted by Evan Kessler under Economy

McDonalds may have but the kaibosh on the super-size promotion quite some time ago, but their profit margins continue to grow at an even higher rate than some of their more loyal customers waistlines. As it turns out, this whole global recession whosamawhatsit has turned all of those hungry for decent value into hungry value meal consumers.

The corporate fast-food fatty became obese with profit in 2008 earning a stout $4.3 billion, $2 billion more than the previous years moderately healthy intake. In spite of a steep net profit drop of 23% in the fourth quarter, most certainly caused by the hamburglar’s mischievous leanings, the company’s earnings per share finished 4 cents above the estimated amount in that time. The famed restaurant and drive-thru now boasts serving around 58 million people per day, but before you presume that all of that saturated fat is situated stoically within the borders of North America, it’s important to note that the brand’s global profits increased 6.9% worldwide. This includes an 8.5% gain in Europe and a 9% rise in the Asia/Pacific region. The moral of the story is, just because the world is getting poorer, doesn’t mean it has to get thinner.

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    11/20/09

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  • Appropriate Publicity Techniques

    11/12/09

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  • Renaming Mel Gibson’s Octo-Spawn

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