October 10, 2008

How the bail out works...

Young Chuck moved to Texas and bought a donkey from a farmer for $100. The farmer agreed to deliver the donkey the next day. The following day the farmer drove up and said, 'Sorry son, but I have some bad news, the donkey died.' Chuck replied, 'Well, then just give me my money back.' Farmer: 'Can't do that. I went and spent it already.' Chuck: 'OK, then, just bring me the dead donkey.' The farmer asked, 'What ya gonna do with him? Chuck: 'I'm going to raffle him off.' Farmer: 'You can't raffle off a dead donkey!' Chuck: 'Sure I can, watch me. I just won't tell anybody he's dead.' A month later, the farmer met up with Chuck and asked, 'What happened with that dead donkey?' Chuck: 'I raffled him off. I sold 500 tickets at two dollars a piece and made a profit of $998.' Farmer: 'Didn't anyone complain?' Chuck: 'Just the guy who won. So I gave him his two dollars back.' Chuck now works for the Goldman Sachs!

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