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Join Date: Oct 2005
Location: Magnolia State
Posts: 7,548
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How the stimulus package works...enjoy before its banished to PARF
It is the month of August, on the shores of the Black Sea . It is raining, and the little town looks 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 rooms, 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 that, ladies and gentlemen, is how the United States Government is doing business today
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Jim 1987 Carrera 2002 BMW 525ti 1997 Buell Cyclone cafe project 1998 Buell S1W: "Angriest motorcycle I've ever ridden." |
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Join Date: Nov 2004
Location: Charleston, SC
Posts: 2,357
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Great for those of us without any debt I guess...
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'87 924S (Sold) |
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Band.
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1983 SC Coupe 1963 BMW R60/2 1972 Triumph Tiger 1995 Triumph Daytona SuperIII |
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Cogito Ergo Sum
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Holy Crap Jeremy! They are making Porsche smart cars now!
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Quote:
Everybody earned something, and they all had receivables to offset their payables. The tourist simply provided the liquidity needed to clear all of the transactions. Nothing wrong with that!
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Silver '88 RoW Carrera Grey '06 A4 Avant |
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Location: CA
Posts: 684
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![]() Has anyone heard the story about the Bugatti that hit a Pelican? Last edited by NineOhOne; 12-06-2009 at 02:29 PM.. |
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Join Date: Dec 2001
Location: Cambridge, MA
Posts: 44,400
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Tru6 Restoration & Design |
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Get off my lawn!
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No, but I have heard about a the cool collar!
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Glen 49 Year member of the Porsche Club of America 1985 911 Carrera; 2017 Macan 1986 El Camino with Fuel Injected 350 Crate Engine My Motto: I will never be too old to have a happy childhood! |
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Band.
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1983 SC Coupe 1963 BMW R60/2 1972 Triumph Tiger 1995 Triumph Daytona SuperIII |
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Registered
Join Date: May 2002
Location: St Louis
Posts: 4,211
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That's stupid.
The hotel proprietor is out 100 Euros.
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Rick 88 Cab |
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I think we need to see a pic of the town's prostitute before we can pass judgment on the worthiness of the financial repayment plan.
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1987 Venetian Blue (looks like grey) 930 Coupe 1990 Black 964 C2 Targa |
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Join Date: Apr 2006
Posts: 5,179
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And if someone along the line decides to keep that 100$ and spend it instead of paying off their debt, the whole plan goes to hell.
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Used to be Singpilot...
Join Date: Oct 2006
Location: Sioux Falls, SD is what the reg says on the bus.
Posts: 1,867
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And every one of those people will gladly go back into debt again knowing how well it worked last time.
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