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Posts Tagged ‘Money’

Dow Drops on News of Something

Written by The Sarcasmist on April 26, 2010 - Comments (1)

In an unusual occurrence, the Dow dropped today as news came in about something completely random. It is, however, believed that the Dow is set to rally again once there is different news about other unrelated matters. “Normally, we are able to predict the exact direction a stock is going to move in, so this ... Read More

Sex & Gambling Are Not Just For Vegas

Written by The Sarcasmist on April 23, 2010 - Comments (7)

Some of the senior staffers at the Securities and Exchange Commission (SEC) were busy looking at porn on the Internet instead of watching the U.S. economy careen towards a precipice. “A senior attorney at the SEC’s Washington headquarters spent up to eight hours a day looking at and downloading pornography. When he ran out of ... Read More

Insurance Companies Exploiting Loopholes in the Healthcare Bill

Written by The Sarcasmist on April 16, 2010 - Comments (16)

Some of the largest health insurance providers in the United States are modifying their accounting practices, booking administrative costs as medical ones, in order to avoid new industry reforms. It is absolutely shocking that the same insurance companies that have been fleecing their customers all these years, are now exploiting the very legislation that was ... Read More

Dow Closes Above 11,000 – Time to Rejoice

Written by The Sarcasmist on April 12, 2010 - Comments (13)

The Recession is finally over. The magic number of 11,000 has been reached by the DOW. This is fantastic news, since everyone knows that the health of the U.S. economy is tied directly to the activity on the Dow. If the DJIA is moving up, it must mean that the economy is just going gangbusters. ... Read More

US Broadband Service Far Ahead of Everyone Else Says Verizon CEO

Written by The Sarcasmist on April 7, 2010 - Comments (16)

Apparently, all this time we have been duped into thinking that Europe and Asia enjoy much more advanced broadband connections, especially for wireless services. It turns out we were wrong. Excerpt from the interview given by the Verizon CEO at the Council for Foreign Relations: “In Japan, where everybody looks at Japan as being so ... Read More