Once upon a time a man appeared in a village and announced to the villagers that he would buy monkeys for $10 each. The villagers, knowing there were many monkeys, went to the forest and started catching them. The man bought thousands at $10 and, as supply started to diminish, the villagers stopped their effort.
He then announced that he would buy monkeys at $20 each. This renewed the villagers efforts and they started catching monkeys again. Soon the supply diminished and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so scarce it was an effort to even find a monkey, let alone catch it!
The man now announced that he would buy monkeys at $50 each! However, since he had to go to the city on some business, his assistant would buy on his behalf.
The assistant told the villagers, “Look at all these monkeys in the big cage that my boss has already collected. I will sell them to you at $35 and when my boss returns, you can sell them to him for $50.”
The villagers rounded up all their savings and bought all the monkeys for 700 billion dollars. They never saw the man or his assistant again, only lots and lots of monkeys!
Now you may have a better understanding of how the WALL STREET BAILOUT PLAN WORKS!
But, it doesn’t get much clearer than …
The Dead Horse
Young Chuck in Montana bought a horse from a farmer for $100. The
farmer agreed to deliver the horse the next day..
The next day the farmer drove up and said, “Sorry son, but I have some
bad news… the horse died.”
Chuck replied, “Well,
then just give me my money back.”
The farmer said, “Can’t do that. I went and spent it already.”
Chuck said, “Ok, then, just bring me the dead horse.”
The farmer asked, “What ya gonna do with him?”
Chuck said, “I’m going to raffle him off.”
The farmer said, “You can’t raffle off a dead horse!”
Chuck said, “Sure I can, Watch me. I just won’t tell anybody he’s
A month later, the farmer met up with Chuck and asked, “What happened
with that dead horse?”
Chuck said, “I raffled him off.
I sold 500 tickets at two dollars a piece and made a profit of $898.”
The farmer said, “Didn’t anyone complain?”
Chuck said, “Just the guy who won. So I gave him his two dollars back..”
Chuck grew up and now works for the government.
He’s the one who figured out how this “bail-out” is going to work.