2014's fast food atrocities
Burger King's black cheeseburger: Made with squid ink and bamboo charcoal, arguably a symbol of meat's destructive effect on the planet. Only available in Japan.
Ben Bernanke and the Federal Reserve came to the rescue of the stagnant U.S. economy on Thursday, thrilling advocates of forceful monetary policy to address unemployment, disappointing Republicans who prefer that nothing be done that could possibly stimulate the economy (even if the impact of the Fed move won’t be felt before the election), goosing the stock market to a five-year high, and sending Twitter into a delirious conniption.
Here is how the reaction to “QE3″ played out, in 140-character outbursts, with a couple of footnotes to provide added clarity.
AP: Fed to spend $40B a month on bond purchases to boost weak economy, no end date set.— Jesse Rodriguez (@JesseRodriguez) September 13, 2012
And it's real Fed stimulus! Time to see if the doves are right— Tim Fernholz (@TimFernholz) September 13, 2012
WOW! DOUBLE PUNCH: EXTENDED GUIDANCE, OPEN ENDED QE http://t.co/xxrTCmnK— Joseph Weisenthal (@TheStalwart) September 13, 2012
QE3, motherfucker.— Peter Suderman (@petersuderman) September 13, 2012
QE2: We're going to try buying a bunch of bonds and see if it works. QE3: We're going to buy a bunch of bonds until it works.— Joseph Lawler (@josephlawler) September 13, 2012
GAMECHANGER: Why This Fed Move Is Different Than Every Move The Fed Has Made Before http://t.co/32bWtqmd— Joseph Weisenthal (@TheStalwart) September 13, 2012
Romney sobbing...— Mark H (@fundmyfund) September 13, 2012
Easing to continue until it achieves desired results. Low rates expected for a long period after recovery, at least through mid-2015. Yay!— Josh Barro (@jbarro) September 13, 2012
what would the economy/Obama's polls look like if Bernanke and the Fed had done this months/years ago?— Ryan Chittum (@ryanchittum) September 13, 2012
It's been some time since the Fed surprised people with aggressiveness.— David Leonhardt (@DLeonhardt) September 13, 2012
I think this could be enough to change the trajectory of recovery.— Ryan Avent (@ryanavent) September 13, 2012
Awaiting the jumpy, overaggressive statement on Bernanke from the Romney campaign...— Joshua Green (@JoshuaGreen) September 13, 2012
Basically Ben Bernanke better stay out of Texas.— Matt Yglesias (@mattyglesias) September 13, 2012
Romney may complain about the Fed's policy now, but he'll be glad when it gooses the economy in his first term.— Tim Fernholz (@TimFernholz) September 13, 2012
Doves win! The unemployed cheer.— Justin Wolfers (@JustinWolfers) September 13, 2012
The important part of the Fed decision is more about shaping expectations--we're here to help--than just printing money.— Justin Wolfers (@JustinWolfers) September 13, 2012
This is a little better than I expected, but the twittersphere has gone ballistic. It is not THAT big, guys.— Joseph Gagnon (@GagnonMacro) September 13, 2012
Fed: We will provide the punch for the party. Heavy pours. And we're not going to be too careful about closing time.— Binyamin Appelbaum (@BCAppelbaum) September 13, 2012
Drudge's spin: Bernanke's trying to elect Obama. http://t.co/xr66QoHy— daveweigel (@daveweigel) September 13, 2012
There's no sense in which the Fed's move today was political. If they wanted to help Obama, they would have done this months ago.— Justin Wolfers (@JustinWolfers) September 13, 2012
QE3 can't both "not work" and "help Obama". Pick your criticism.— Tony Fratto (@TonyFratto) September 13, 2012
Gotta be some long faces in Boston over (1) Fed action; (2) stock market response— Daniel Gross (@grossdm) September 13, 2012
* In Fed-watching parlance, “doves” advocate “looser” policy to boost employment, while “hawks” advocate “tighter” policy to keep inflation down.
** This is exactly what Rick Perry warned against!
Domino's Specialty Chicken: It's like regular pizza, except instead of a crust, there's fried chicken. The company's marketing officer calls it "one of the most creative, innovative menu items we have ever had” -- brain power put to good use.
KFC'S ZINGER DOUBLE DOWN KING: A sandwich made by adding a burger patty to the infamous chicken-instead-of-buns creation can only be described using all caps. NO BUN ALL MEAT. Only available in South Korea.
Taco Bell's Waffle Taco: It took two years for Taco Bell to develop this waffle folded in the shape of a taco, the stand-out star of its new breakfast menu.
Krispy Kreme Triple Cheeseburger: Only attendees at the San Diego County Fair were given the opportunity to taste the official version of this donut-hamburger-heart attack combo. The rest of America has reasonable odds of not dropping dead tomorrow.
Taco Bell's Quesarito: A burrito wrapped in a quesadilla inside an enigma. Quarantined to one store in Oklahoma City.