The Federal Reserve, in a move perceived by many economists as the boldest yet by this private banking cartel during the current financial crisis, announced today
Somali pirates aboard a hijacked Ukrainian military freighter now hovering near the Somalian coastline would be permitted to identify themselves as a bank holding company. This, of course, would authorize the pirates to participate in
any and all government handout/bailout/freakout programs involving payouts of several billion taxpayer dollars.
"We've got a lot of weapons on board," said one of the pirates in a press conference earlier this morning to a group of seagulls that had perched on the ship, "and if we don't get help soon, we're afraid these weapons could be repossessed. We didn't want them falling into the wrong hands, like those of their owners, so this just seemed the only viable option."
Fed Chairman Ben Bernanke could not be reached for comment.
The pirates' CEO and CFO, it was reported earlier last week, actually took a private, decked-out life boat to meet with the Federal Reserve Chairman and
US Treasury Secretary Henry Paulson. Rumors of the pirates offering a giant squid (worth nearly $4,320 on the market using the new 'fuck it' value accounting rules instituted by the Fed as an alternative to controversial fair value accounting guidelines) as a gift to Fed board members circulated wildly around the Internet in the wake of this meeting though Fed members insisted no gifts were offered nor received.
The evening after Paulson and Bernanke met with pirate leaders, however, Bernanke was spotted at local DC bar Pirate's Booty wearing a gold eye patch. He insisted this had been bequeathed to him by his great-grandmother, who apparently also had a collection of French peg legs and floofy Armani shirts.
"If we don't do something now, this ship is going under," Secretary Paulson said in a letter released to the press late last evening, "and besides, we've got
automakers and credit card companies in our back pocket now, we thought adding a military ship with real pirates would be pretty wicked awesome. Have the airlines failed yet? I could really use an airplane. That'd be way cool."
It is expected that the pirates will request a $25 million dollar piece of the
$900 billion dollar Funds Under Coerced Kickbacks decision, which faced opposition in both houses of Congress this past September. Even though the historical bill was rejected by every member of both parties, it passed unanimously.
American media reaction to the landmark decision has thus far been minimal.
In fact, no mainstream stations picked up the story. When asked by alternative media reporters why they were reluctant to pick up the report, a CNN spokesperson said simply "Have you seen Paris Hilton lately? Now THAT girl is newsworthy."
The Somali pirates insisted that their leader would not be receiving a large bonus this year. "He's probably going to die of scurvy before Christmas," said a representative for the pirates who wished to remain anonymous, "so a bonus isn't really relevant at this point."