Category Archives: Business

SENATOR HARRY REID ADMITS: “I’M NO SMARTER THAN A 5TH GRADER”

imageWashington, D.C. (The Adobo Chronicles) – In a speech before the Asian Chamber of Commerce in Las Vegas last Thursday, Senate Majority Leader Harry Reid (D-NV) delivered a couple of punch lines that many consider to be racist and insensitive to Asian Americans.

“One problem I’ve had today is keeping my Wongs straight,” Reid said with a chamber officer, Terry Wong, standing by his side. It was Reid’s take off from the often-quoted racist remark, “Two Wongs don’t make a Right.”

Earlier in his speech, Reid also admonished his predominantly Asian American audience by saying, “I don’t think you’re smarter than anybody else, but you’ve convinced a lot of us you are.”

Very few of the mainstream media and Asian American advocacy groups called him out on his remarks, but realizing he had offended many Asian Americans, Reid issued this apology:

“I realize I may have offended a lot of people with my remarks.  I should have known better.  I now realize I’m no smarter than Asian Americans.  In fact, I’m no smarter than a 5th grader.” (It was a take off from the popular TV show)

U.S. CONGRESS JOINS THE CORPORATE EXODUS, WILL MOVE TO SWITZERLAND

imageWashington, D.C. (The Adobo Chronicles) – The United States Congress is the latest American Institution to announce that it is moving its headquarters abroad.

The announcement came just hours after the fastfood giant Burger King said it was moving its corporate headquarters to Canada. BK joins the growing list of American companies exiting the U.S. while maintaining business operations in the country — all for the sake of paying less taxes and employing cheaper labor.

Congress will move the Capitol to Switzerland.

Speaker John Boehner said the move will free senators and congressmen from public scrutiny, media criticism and lobbying while allowing the honorable men and women of Congress to do some serious work.  The current Congress has earned the reputation as a “do-nothing” Congress.

Legislative aides, interns and contractual personnel were all excited after hearing the news of their transfer to Switzerland. “I love Swiss cheese and chocolates,” exclaimed an aide to Representative Michele Bachmann. “Wow, now I can finally realize my long-time dream of going to work in kilts,” said another.

There is, however, one group that is not happy about the move – the Capitol police. Boehner disclosed that the new U.S. Congress building which will be overlooking the Swiss Alps, will be employing Swiss guards.

 

WALMART, TARGET, COSTCO RUN OUT OF PLASTIC BUCKETS

imageBentonville, Arkansas (The Adobo Chronicles) – The country’s top giant retailers — Walmart, Costco and Target — have all reported that they have fully run out of plastic buckets in their stores and outlets. An independent investigation by The Adobo Chronicles has confirmed the disappearance of the 3, 4 and 5 gallon containers from the retailers’ store shelves across the country.

A spokesperson for the Arkansas-based Walmart said that their inventory of buckets began diminishing two weeks ago when the ALS Ice Bucket Challenge started to trend on social media. “Now, our supply is down to zero,” he said.

Costco, on the other hand, appealed to its members to stop calling customer service inquiring about the availability of plastic buckets. “There is absolutely nothing to go around and no delivery expected from our suppliers for the next six months,” it said in a statement from its corporate office in Seattle, Washington.

Estimates place the number of Ice Bucket Challenge videos posted on the Internet at 1.2 Million. “That’s 1.2 Million buckets purchased in just the last two weeks,” a spokesperson for Target said.

That, of course, is assuming each video involves just one individual.

Hardware stores are worried that they may also run out of tin buckets very soon.