Hondo's Cabin
http://www.hondosackett.com/yabb/YaBB.pl The Cabin >> The Cabin >> Bail out? http://www.hondosackett.com/yabb/YaBB.pl?num=1231787982 Message started by Hondo I. Sackett on Jan 12th, 2009, 2:19pm |
Title: Bail out? Post by Hondo I. Sackett on Jan 12th, 2009, 2:19pm 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, seeing that there were many monkeys around, went out 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 next announced that he would now buy monkeys at $20 each. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished even further 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. In the absence of the man, the assistant told the villagers: "Look at all these monkeys in the big cage that the man has already collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each." 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 have a better understanding of how the WALL STREET BAILOUT PLAN WILL WORK !!!! It doesn't get much clearer than this.............. |
Title: Re: Bail out? Post by Soda on Feb 26th, 2009, 12:51am Hondo I. Sackett wrote:
Hee hee hee... that's really funny! ;D I want a monkey now! ;D But isn't that kinda like how the whole capitalism system works in the first place? Like, Wall Street is full of people buying and selling the 'effort' of workers, and on both sides of each buy/sell is someone who thinks he's outwitting the other person? I know what you're saying is really bad, because that's taxpayer money, but it's always been like the efforts of the workers that the stock market guys are totally exploiting anyways. You know? |
Title: Re: Bail out? Post by Hondo I. Sackett on Feb 26th, 2009, 12:49pm the biggest problem with the bail out is that they are borrowing this money for it from China and most of it is going to organizations that helped Obama get elected. So it's really a big payoff and this money will be added to our taxes and our childrens taxes and our grandchildrens taxes. this bail out is close to 1 trillion dollars. If you got one million dollars a day since Christs birth (figuring he was born 1 AD) you would still not have one trillion dollars. you'd be over 200 billion short. There is a lot of junk in this all, a lot of shadiness, more than I can explain in a simple post. |
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