Thursday, October 9, 2008

The Bailout Made Easy





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 an d 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 !!!!

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