The Dead Horse
So, I typically strive to avoid any political debates on here, but I got an email this morning that was just too good to pass up. I have often wondered how printing more money, further decreasing its inherent value, is supposed to stimulate the economy — well, let’s learn a lesson from Chuck:
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
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 now works for the government. He’s the one who figured out how this “bail-out” is going to work.
That’s good stuff.
Garth Henson has been working professionally as a web developer for nearly 10 years. When not coding in PHP, JavaScript or Actionscript, he can usually be found trying to refine his photography skills.
Robin
25 Feb, 2009
hah
true!
David
9 Mar, 2009
The profit should be $898:
500 tickets * $2 = $1000
$1000 – $100 for the dead horse – $2 refund = $898
obsidian
9 Mar, 2009
Agreed… one reason I wanted to make it clear it was not original with me