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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (63360)6/28/1999 5:27:00 PM
From: Les H  Read Replies (1) | Respond to of 132070
 
Dell to launch DBay

news.com



To: Knighty Tin who wrote (63360)6/29/1999 9:47:00 AM
From: Don Lloyd  Read Replies (3) | Respond to of 132070
 
MB -

FOMC MEETS -

In a stunning development, the Federal Open Market Committee refused to accept Chairman Alan Greenspan's request to increase short term interest rates by 0.25%. Instead, they announced a new hard currency regime, effective immediately.

In alignment with this policy, the governors announced that they have accepted a buyout offer from McDonalds Corporation (NYSE:MCD). This will be treated as a pooling of interests and will be tax free to both US taxpayers and McDonalds' shareholders.

Henceforth, the US Dollar will be freely convertible upon demand into one Big MAC. This policy will be backed by the full faith and credit of McDonalds Corporation and by its monumental reserves of vintage Big MACs in its subterranean vaults. The now obsolete gold reserves of the Federal Reserve will be held back as insurance against future dental liabilities.

Chairman Greenspan has tendered his resignation, subject to negotiations on the residual rights to royalties on the forthcoming Federal Reserve Governor Action Figures, to be announced at a later meeting.

Regards, Don