Wednesday, September 17, 2008

Gallows Humor

. Wednesday, September 17, 2008

Does this mean that the central bank of the United States is now the main sponsor of Manchester United? As a Liverpool supporter, I'd certainly hope not. But if so, can the Fed be considered independent any longer?

If the Fed's next action is to lend money at low rates to the Chicago Cubs so they can re-finance their exorbitant free agent acquisitions, then I'm joining the Ron Paul rEVOLution in calling for the abolishment of the Fed. That would be the last straw for this St. Louis Cardinals fan.


Sarah Bauerle said...

Maybe we've stumbled upon a new and improved international PR campaign. The USA can start rebuilding its status in the world by sponsoring key sports teams. It's probably cheaper and more effective than the strategy of the last 7 years.

Kindred Winecoff said...

$85bn is cheap? ;)

Alex Parets said...

You think the Fed would sponsor the polisci department soccer and softball teams? We could ask for something like $3m and they would probably say yes. They'd think, wow only $3 mil, that's a bargain!

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