Sunday, February 22, 2009

Understanding the Wall Street Bailout Plan

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, knowing there were many monkeys, went to the forest and
started catching them. The man bought thousands at $10 each and, as
supply started to diminish, the villagers stopped their effort.

He then announced that he would buy monkeys at the rate of $20 each.
This renewed the villagers efforts and they started catching monkeys

Soon, the supply diminished and people started going back to their

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 big city on some business, his assistant would
buy them on his behalf.

The assistant gathered all the villagers near the highway just outside
the village and said, "Look at this big cage, and see all these monkeys
that my boss has already collected. I will sell them to you for $35
each, and when my boss returns, you can sell them back to him for $50."

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



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