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Fed Cuts Rates on Money, Chicks
The Federal Reserve today cut a key interest rate to zero, allowing borrowers to get money for nothing. In a related move, the Fed also set the short-term lending rate of chicks to free.
Federal Reserve Chairman Ben Bernanke said the adjustments were necessary to avoid a deflationary spiral and to prevent the acquisitions of blisters on little fingers and thumbs. "We're confident that yo-yos, millionaires, and little faggots alike will respond favorably to this unprecedented action," said the visibly stressed and unhappy Bernanke, who in recent weeks has complained of "Hawaiian noises" and privately lamented that he did not learn to play the guitar or drums rather than study economics.
Retailers in dire straits welcomed the news, having felt the sting of low consumer confidence. "Hopefully this will allow us to sell our backlog," said Mark Knopfler of Brothers in Arms Appliance. "We gotta move these refrigerators. We gotta move these color TVs."Posted on December 16, 2008 to News