Appearing on CNBC Monday, billionaire Warren Buffet said the economy has fallen off a cliff. Attorneys for Wile E. Coyote are exploring the possibility of a slander suit. When questioned about this outside his Texas residence, ex-President George W. Bush would only say "Beep-beep."

Pharmaceutical giant Merck & Co. is buying rival Schering-Plough Corp. for $41.1 billion. The company dates back to 1908 Memphis, when 16 year old Abe Plough sold Plough's Antiseptic Healing Oil, a "sure cure for any ill of man or beast," door-to-door from a horse-drawn buggy. He was the inspiration for Republicans and high school drop-out talk radio hosts to this very day.