Zimbabwe Raised to AAA+ by S&P, Geithner Celebrates Thru Innocent Mistakes

To celebrate their new credit rating, insane dictator Robert Mugabe releases new 50 billion note, which is roughly equal to one US dollar. In what should be a sobering case study to Hank Paulson and his soon-to-be replacement Tim Geithner, (who earns bonus points in our book for "forgetting" to pay Social Security and Medicare taxes in recent years and hiring illegal immigrants, which according to Ira Sorking would likely be classified as an "Innocent Mistake") Zimbabwe's most recent reading on inflation, at a time when people's calculators could calculate numbers that high, was 11,200,000%. Let's just hope the U.S. doesn't run out of ink and paper before we need to add a few hundred zeros to each dollar bill. If one is so inclined, one might make some money by going long the company that makes the magnetic ink used by the Willy Wonka Dollar Printing Factory... Blue Horseshoe Loves whoever the hell that is.

************** UPDATE *****************

*SEN.MAX BAUCUS, CHAIR OF SENATE FINANCE COMMITTEE, SUMMONS FINANCE PANEL MEMBERS TO DISCUSS GEITHNER

probably out of jealousy for not thinking of this first

**************FURTHER UPDATE******************

*REPUBLICAN SENATOR HATCH SAYS HE SUPPORTS GEITHNER

anyone know how many maids Orrin has?

Comments

No comments yet! Be the first to add yours.