Archive for the 'Bail out' Category

Debt Problem Solved

Special to eGrumps network: Washington, D.C. (July 30, 2011) GREECE, IRELAND, ITALY AND SPAIN  (GIIS) AGREE TO GUARANTEE THE REPAYMENT OF U. S. DEBT. An unnamed spokesman for Secretary of the Treasury Timothy (it was all Turbo-Tax’s fault that I didn’t report taxable income) F. Geithner announced that the Treasury Department had solved the debt [...]

Saturday, July 30th, 2011

Banker’s Salaries; Banks (Scapegoat of The Week); and Tax Increases on Banks

Washington D. C. (January 25, 2010) Banker’s Salaries: The Administration has come up with a novel, and fair plan concerning banker’s salaries. No bank employee shall receive a salary that is greater than the amount paid to the highest paid professional athlete. If a professional athlete gets paid $35,000,000 a year for throwing a little [...]

Monday, January 25th, 2010

TARP Funds for House of Ill Repute Requested from President Obama

Washington D.C. , October 28, 2009              (Special to eGrumps) A Washington Insider, who asked to remain anonymous, confirmed the fact that the Treasury Department, The Federal Reserve Board, President Obama and the Tsars and the rest of the White House staff had  received  requests for TARP funds from a “red light” establishment. Madam XXXX (who also asked [...]

Wednesday, October 28th, 2009

FOX News, eGrumps News and President Obama

Washington, D. C. October 19, 2009        (Satirical eGrumps Comment) In case you missed it, FOX News has been defrocked by the White House, claiming it is an arm of the Republican Party. No such allegation has been leveled against the eGrumps News Network – at least so far. Of course there is no network – [...]

Monday, October 19th, 2009

Obama’s Major Legislative Push – (and payment)

Washington, D. C., July 19, 2009  (eGrumps commentary) The following major legislative pushes are now being undertaken in Washington by the Obama administration: (1). Major Health Care Reform plan. (2) Cap and Trade plan. (3) Global Climate Change plan (formerlly know as Global Warming plan) (4) Stimulus 2 Plan. (5) Finance Plan to figure out [...]

Sunday, July 19th, 2009

Employment – Good News – 34 States Have Less than a 10% Unemployment Rate

Washington, D. C., July 17, 2009  (eGrumps Commentary) The Administration proudly announced today that 34 states have less than a 10% unemployment rate. A spokesman said “Considering today’s economic climate, and the mess the prior administration left us with, we consider this a remarkable achievement.” When questioned by eGrumps as to the unemployment rate when Pres. [...]

Friday, July 17th, 2009

California to Seek Merger Partner – Obama Suggests the UAW

(Sacramento, CA, May 31,2009)(exclusive to eGrumps) In a desperate attempt to avoid bankruptcy, Governor Arnold Schwarzenegger, announced that the golden state of California was looking for a merger partner. He stated “Although we may be slightly tarnished because of a few small financial problems, California would make a great acquisition for another state,  a sovereign [...]

Sunday, May 31st, 2009

Taxes – The eGrumps Stimulus Plan – (The Geitner Deferral) What’s Fair is Fair.

(Washington D.C. May 18, 2009)(Exclusive to eGrumps) The current stimulus plan is not working. Unemployment figures are rising. The problem – the consummer does not have enough disposable income to buy goods and stimulate the economy. But – a precedent has been set, and I guarantee the “eGrumps Stimulus Plan” will work. The current Secretary [...]

Monday, May 18th, 2009

California Stimulus Package – Maybe

(Washington D. C., May 12, 2009) (exclusive to eGrumps) The Official Stimulus Csar, who has joined the prestigious Committee of Csars, has decreed that California will get its $7,000,000,000 (+/-) stimulus package only if it rescinded a reduction in the minimum wages that the state paid to unionized home health care workers, even though the [...]

Tuesday, May 12th, 2009

Obama’s comment on social agenda

Our president said in his speech: “I know there is a criticism out there that my administration has somehow been spending with reckless abandon, pushing a liberal social agenda while mortgaging our children’s future.” Mr. President, you’re kidding, right? Criticism? Nah – it isn’t happening – much!

Thursday, April 16th, 2009

Too Big to Fail – Subsidies and Cutting Salaries and Wages

I wonder if the President and Congress have considered the inconsistency in their plan to limit the wages and bonuses of those employed in industry. The government has taken the position that some companies are too big to fail and therefore should be subsidised by the American taxpayer and salaries and bonuses should be limited.  [...]

Wednesday, April 15th, 2009

Barney Frank on Freddie Mae and Fannie Mac

Congressional Hearing, 2003 “Rep.  Frank: I do think I do not want the same kind of focus on safety and soundness that we have in OCC [Office of the Comptroller of the Currency] and OTS [Office of Thrift Supervision]. I want to roll the dice a little bit more in this situation towards subsidized housing. [...]

Tuesday, April 14th, 2009

Microsoft, Yahoo and eGrumps

Microsoft, Yahoo and eGrumps have jointly announced that they are in talks to develop a strategic partnership. Details have not been released, but it is believed that the eGrumps website is the key to the arrangement, and Microsoft and Yahoo have been unable to work out satisfactory terms with eGrumps. Actually, the release said they [...]

Saturday, April 11th, 2009

Hollywood and Sports Moguls Strike Back

In response to my previous post concerning outrageous pay to actors, actresses and sports figures who do not deliver that for which they have been paid (up front – I might add), I have received several threatening letters. Out of concern for their safety from my outraged readers, I will not disclose the names of [...]

Thursday, April 9th, 2009

Fannie and Freddie Bonuses (boni(?))

Question: Should the plural of bonus be boni, “i” being the plural of “us” in Latin? Guess not. Never heard of a company awarding boni to its employees. Maybe if the companies called it boni, it would not be so controversial since no one would know what was meant, except for we Latin scholars, and [...]

Friday, April 3rd, 2009