Kfed to leave rates unchanged???

Discussion in 'Chit Chat' started by ta1, Apr 22, 2007.

  1. ta1


    Someone sent this link to me and although I'm new to trading and trying to learn I even know that this is a joke. What I want to know is: who is JimmyJam and why is he talking about Kfed and the rates? Scroll down to last part of page at this link....

  2. ta1


    who is this??
  3. mjh


    I believe your'e talking about this post by JimmyJam on the site:

    " KFed Leaves Rates Unchanged"
    FedeFederalReserve policymakers Wednesday decided to leave key interest rates unchanged, in recognition of Kevin Federline’s birthday. In a carefully worded statement, Federal Reserve Chairman Ben Bernanke announced, "We kept rates stable so that consumers could purchase gifts for Kevin Federline on layaway, and not have to worry about higher interest payments. Henceforth, we at the Federal Reserve would like to be known henceforth as the KFed, as calling us the Fed is demeaning. It is like calling your country a cunt".
    Posted By: JimmyJam"

    Don't worry ta1--it's not real and its by a regular annoyance on ET forms by the same name that no one takes seriously.