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Showing posts with label fiscal cliff. Show all posts
Showing posts with label fiscal cliff. Show all posts

Tuesday, October 15, 2013

House Abandons Effort to Reopen Government, Says Permanent Shutdown Will Save Economy


SAN NARCISO, Calif. (Bennington Vale Evening Transcript) -- As the government shutdown lumbers into its 16th day, pushing the United States precariously close to defaulting on its bonds, House Republicans abruptly scrapped plans Tuesday evening to vote on a revised budget and raise the debt ceiling before Thursday's deadline. The Senate had already been close to finalizing a proposal that would have prevented the default while keeping the government functioning until 2014. The House, however, announced that it was drafting its own resolution. Speaker John Boehner's failure to submit the conservative-friendly alternative is seen as a severe blow to his standing and authority. But shortly after House leaders officially called off their efforts, Boehner surprised reporters by admitting that ranking conservatives had no desire to reopen the government. Ever. "After considering everything in detail, we believe that leaving cumbersome elements of the federal government closed indefinitely will actually save our economy by doing away with unnecessary, financially prohibitive regulations."

Monday, December 31, 2012

Narrowly Surviving the Mayan Apocalypse, Millions of Americans Fear 2013 Won't Come without Dick Clark

SAN NARCISO, Calif. (Bennington Vale Evening Transcript) -- Dick Clark, the iconic personality behind "American Bandstand," died April 18 at the age of 82. Throughout his career, Clark remained an influential force in popular music. He introduced generations of Americans to megastars from Buddy Holly to Michael Jackson to Madonna. He translated his success into the creation of a pop culture media empire. But Clark truly solidified his presence as a cultural touchstone after becoming the host of the eponymous New Year's Eve specials that ran on ABC for four decades. To viewers around the globe, Dick Clark owned New Year's Eve. Investors agreed. But as millions mourned the passing of "the world's oldest teenager" last spring, millions more flooded government offices and churches Monday in sheer terror, demanding to know if 2013 would come without Clark. Authorities have refused to comment for fear of setting off a chain of riots and suicides.

Wednesday, December 26, 2012

Angry Letters Flood North Pole from Children Who Received Video Games Instead of Front Teeth

SAN NARCISO, Calif. (Bennington Vale Evening Transcript) -- Postal workers at the Anchorage, Alaska, distribution center -- which processes mail to the North Pole -- were inundated Wednesday by millions of letters from children who received video game systems, smart phones, tablets and other popular electronic items instead of the two front teeth they requested. "I've been good all year," ten-year-old Barrett Nostrom of Sweden lisped. "Why didn't Santa bring me my teeth? We have no use for this Xbox 360 machine on the farm. I opened it, and there were no Xs inside the box. I tried to use it as a doorstop for the goat pen, but the animals ate it right away. Cheap and worthless thing. But the equally misleading Apple device we got last year, which contained no fruit, did hold out much longer. Mother says it's the smoothest ironing board she's ever used."

Friday, November 30, 2012

Congress Admits Gambling Millions on Powerball Jackpot, Fiscal Cliff Now Inevitable

SAN NARCISO, Calif. (Bennington Vale Evening Transcript) -- As the U.S. economy teeters on the precipice of the fiscal cliff, two lottery ticket holders -- one in Arizona and one in Missouri -- successfully matched all six numbers to win the largest Powerball jackpot in history. On Wednesday, the prize was estimated at $550 million, after the multi-state contest failed to produce a winner since October. A day later, when the drawing was held, last minute surges in ticket purchases inflated the jackpot to a record $587.5 million. The unprecedented stakes enticed many people who rarely play the lottery to buy into a chance at the second-largest payout in U.S. history, behind the Mega Millions in March 2012 -- among them, a coalition of House Republicans who had worked on a secretive financial rescue deal called "Project Magic Beans."

 
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