More cow economics

[Hillbilly]

>You have two cows.
> >You sell one and buy a bull.
> >Your herd multiplies, and the economy grows.
> >You sell them and retire on the income.
> >
> >Enron Venture Capitalism:
> >
> >You have two cows.
> >
> >You sell three of them to your publicly listed
> company, using
> >letters of
> >credit opened by your brother-in-law at the bank,
> then execute a
> >debt/equity swap with an associated general offer
> so that you get
> >all
> >four cows back, with a tax exemption for five cows.
> The milk rights
> >of
> >the six cows are transferred via an intermediary to
> a Cayman Island
> >company secretly owned by the majority shareholder
> who sells the
> >rights
> >to all seven cows back to your listed company. The
> annual report
> >says
> >the company owns eight cows, with an option on one
> more. You sell
> >one
> >cow to buy a new president of the United States
> from Texas, leaving
> >you with nine cows. No balance sheet is provided
> with the release of
> >the annual report
> >
> >The public buys your bull and you use a small
> portion of your
> >profits to
> >buy Congress's support for deregulating all
> transactions involving
> >cows.
>
> _____
>

 

[Chuck52]

Hillbilly,

<font color=red> You sell
> >one
> >cow to buy a new president of the United States
> from Texas, </font color=red>

You can't buy a president from Texas! /w3tcompact/icons/mad.gif They're way too expensive! The rental price is within reason, however!/w3tcompact/icons/grin.gif

Chuck

 

[Wingnut]

However, Presidents from Arkansas are very cheap and deliver great value ... so if you have any felons that want to be pardoned ... use your cow to buy a President From Hope!!!

peter