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Thursday, February 05, 2009

Monkey Business

My MIL sent this to me. I thought you would enjoy reading it.

Monkey Business"


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

Logan's Savvy Hero

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