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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (52009)10/18/2008 2:23:46 AM
From: Hope Praytochange  Respond to of 224718
 
lesson for kennyboy: Once upon a time in a village, a man appeared 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 further 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 now buy on behalf of
him.

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 with all their
savings and bought all the monkeys. Then they never saw the man or his
assistant again, only lots and lots of monkeys.

Now you have a better understanding of how the stock market works.


The Story is not finished yet.


The villagers went to the city and asked the man why he disappeared.
The man told them that he lost all the money and cannot buy more monkeys.
The villagers collected some money from surrounding villages to help that
man so he can continue his business of buying monkeys.

Now you have a better understanding of how bailout works. . .