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How the bailout really works ....

Discussion in 'Off Topic Threads' started by Bob Schultz, Jan 20, 2009.

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  1. Bob Schultz

    Bob Schultz Well-Known Member Supporting Vendor

    Joined:
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    Location:
    Tuxedo NC
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    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 he 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 any body he's dead.'

    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 $998.'

    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 works now for the government. He was the one who figured out how to "bail us out."
     
  2. Fast Oil

    Fast Oil TS Member

    Joined:
    Jan 29, 1998
    Messages:
    918
    Bob, more truth than you realize. Chuck forgot to subtract the original $100 from the purchase from the farmer. His real profit was only $898.
     
  3. halfmile

    halfmile Well-Known Member

    Joined:
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    15,643
    Location:
    Green Bay Wisconsin
    Obama supporters think the best way to bail out the sinking boat is to blow more holes in the bottom. That will let the water out, right? Wrong. But if it makes you feel good, by all means, blast away. Bon voyage.

    HM
     
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