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B4 The Bell Wednesday March 17


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It seems the world won't believe the PPI number either the $ is getting sold big time!

Where's the betting pool?

 

To kick it off, I'm gonna guess +0.8% for January.

 

The real number is more like +1.8%, but I'm trying to compensate for the hedonic adjustment factor. :huh:

Bureau of Labor and Statistics Confabulation Department:Minutes of meeting

 

Director: So, lets have it. What have we decided to release as regards the PPI number?

 

Peon: Well, the real number is 1.8%, but if we were to release that number, then there would be panic in the streets.

 

Director: Well, so.....?

 

Peon: So, we've taken our most advanced IBM computer, and run the punch cards through. The results that we have obtained have been analyzed by small rodents and after careful deliberation, we are going to substract the number 1 from the 1.8% figure, leaving us with a final number of .8%.

 

Director: Will they believe us?

 

Peon: Believe us? What's your point?

 

Director: Quite right, carry on. Meeting adjourned.

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So true WH- so true-whilst the markets were rocketing upward and Baghdad was blowing up our old friend Kosovo another pacified and newly democratic country was showing its appreciation for our efforts by sliding back into sectarian strife. But as the Idiot prince says "Democracy is taking root"!

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US commanders said the blast appeared to be the work of al-Qaeda or its Iraqi counterpart, Ansar al-Islam, both of which have been blamed for a spate of car bombings in Iraq since last summer.

 

Speaking at the scene, Colonel Ralph Baker said: "This matches the typical profile of those two groups. We think this was a car bomb as it left far too big a crater to have been a rocket attack.

 

"It looks like the bomb was 1,000 pounds of plastic explosives and artillery shells mixed in with explosives to create more injuries on the scene.

http://news.scotsman.com/index.cfm?id=311802004

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