Andy Borowitz

Andy Borowitz

Posted: October 24, 2008 07:28 AM

Retail Sector Soars on News that Palin Seeks New Outfit

digg Share this on Facebook Huffpost - stumble reddit del.ico.us RSS

Offering a sharp contrast to the general gloom on Wall Street today, retail stocks soared on the news that Gov. Sarah Palin (R-Alaska) plans to buy a new outfit for Election Night.

Major retailers had been plummeting all day but staged a stunning comeback when Gov. Palin told a reporter in Ohio, "Election Night is just eleven days away and I have nothing to wear."

Gov. Palin said that a new dress for Election Night could cost as much as $20,000, "and that's before you accessorize."

Major department stores such as Neiman Marcus and Saks Fifth Avenue rebounded dramatically on the news of Gov. Palin's plans, with some industry analysts predicting that Gov. Palin's shopping could bail out the entire retail sector in the fourth quarter.

"Right now, the only part of the economy that's strong is Sarah Palin's shopping," said Tracy Klugian of Morgan Stanley. "She is a one-woman stimulus package."

Elsewhere, former Fed Chief Alan Greenspan gave this testimony to Congress today: "To those millions of Americans who have lost their jobs, their homes, and their life savings, let me offer a heartfelt 'oopsy.'"

Andy Borowitz is a comedian and writer whose work appears in The New Yorker and The New York Times, and at his award-winning humor site, BorowitzReport.com.

Follow Andy Borowitz on Twitter: www.twitter.com/BorowitzReport

Offering a sharp contrast to the general gloom on Wall Street today, retail stocks soared on the news that Gov. Sarah Palin (R-Alaska) plans to buy a new outfit for Election Night. Major retailers ha...
Offering a sharp contrast to the general gloom on Wall Street today, retail stocks soared on the news that Gov. Sarah Palin (R-Alaska) plans to buy a new outfit for Election Night. Major retailers ha...
 
Comments
0
Pending Comments
0
iPhone App Promo

Want to reply to a comment? Hint: Click "Reply" at the bottom of the comment; after being approved your comment will appear directly underneath the comment you replied to

View Comments:
Comments are closed for this entry

 You must be logged in to comment. Log in  or connect with 

Connect