The Bailout Explained

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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 !!!!
 
Excellent analogy Joe. The American people have been SCREWED and there are many people to blame. The problem is nobody (who is to blame) has been punished. We keep electing politicians who share a great deal of the blame. We see CEO's still getting 'golden parachutes' paid for by us. Bernie Madoff is still smirking in his 8 million dollar apartment on Park Ave. while 'forensic accountants' try to find where he has $$$ hidden. His sons and wife (who most certainly knew of the scam) haven't even been charged. One political party has been punished while both are to blame. Despite all the talk about taking a knife to 'goverment waste' I still hear of tons of PORK in the bailout plan. The only thing that is certain is HIGHER TAXES (for those of us that pay taxes that is) I'm not optimistic.
 
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