Bailing Out Donkeys

This was too funny to pass up…

How the bail-out works:

Young Chuck moved to Texas and bought a Donkey from a farmer for $100. The farmer agreed to deliver the Donkey the next day.

The next day he drove up and said, ‘Sorry son, but I have some bad news, the donkey died.’

Chuck replied, ‘Well, then just give me my money back.’

The farmer said, ‘Can’t do that. I went and spent it already.’

Chuck said, ‘Ok, then, just bring me the dead donkey.’

The farmer asked, ‘What ya gonna do with him?’

Chuck said, ‘I’m going to raffle him off.’

The farmer said, ‘You can’t raffle off a dead donkey!’

Chuck said, ‘Sure I can — watch me. I just won’t tell anybody he’s dead.’

A month later, the farmer met up with Chuck and asked, ‘What happened with that dead donkey?’

Chuck said, ‘I raffled him off. I sold 500 tickets at two dollars apiece and made a profit of $998.’

The farmer said, ‘Didn’t anyone complain?’

Chuck said, ‘Just the guy who won. So I gave him his two dollars back’

Chuck now works for the US Treasury…


Comments

  1. This story has to be absolutely true. I mean that part that says Chuck works for the Government. Chuck overlooked that he paid initially $100 to the guy who sold him the donkey, so his profit wasn’t $988, it was only $898. He is a hundred bucks short in his calculation either way you slice it.
    Now since he works for the Government, he is most likely an “Always” or “Platform” Conservative with a good chance he’ll look for a new job come January when the new guy gets into office.
    He could move to Arizona and hire himself on as a legislative aid to someone in need of sound financial advice, like someone who bought a $140K house, paid $160K for it and borrowed $190K against it and when the monthly mortgage came due, oh, never mind, there is another dead donkey ready for a raffle.

  2. Odd, but it seems to me that the house ‘owner’ collected $30,000 above and beyond whatever mortgage payment he may not have made, not to mention the ‘free’ habitation for at least one month. As a matter of fact, a number of those smart folks took their $30,000 and are now living well south of the border. Who says coming to America isn’t a deal?

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