PDA

View Full Version : Stimulus Story


blackcat
06-04-2009, 08:30 PM
It is the month of August, on the shores of the Black Sea. It is raining, and the little town look totally deserted. It is tough times, everybody is in debt, and everybody lives on credit.

Suddenly, a rich tourist comes to town. He enters the only hotel, lays a 100 Euro note on the reception counter, and goes to inspect the rooms upstairs in order to pick one.

The hotel proprietor takes the 100 Euro note and runs to pay his debt to the butcher. The Butcher takes the 100 Euro note, and runs to pay his debt to the pig grower. The pig grower takes the 100 Euro note, and runs to pay his debt to the supplier of his feed and fuel. The supplier of feed and fuel takes the 100 Euro note and runs to pay his debt to the town's prostitute that in these hard times, gave her "services" on credit. The hooker runs to the hotel, and pays off her debt with the 100 Euro note to the hotel proprietor to pay for the rooms that she rented when she brought her clients there. The hotel proprietor then lays the 100 Euro note back on the counter so that the rich tourist will not suspect anything.

At that moment, the rich tourist comes down after inspecting the room and takes his 100 Euro note, after saying that he did not like any of the rooms, and leaves town.

No one earned anything. However, the whole town is now without debt, and looks to the future with a lot of optimism and hope for change!

And that, ladies and gentlemen, is how the United States Government under President BHO and the State of California under Governor Arnold are doing business today and actually in California for a long time already.

At least the hooker and the hogs made out okay.

Diny
06-04-2009, 08:38 PM
Hmmm that story is the entire point of the credit system, which has been around for decades.. For every dollar in paper, there are 9 more in the credit system. If everyone went to the banks and tried to withdraw their money at the same time, there wouldnt be enough and the whole system could collapse (not to mention the riots).