Tuesday, June 9, 2009

A Stimulus Story

A friend of mine sent this to me the other day. I could not resist posting it.

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 toughtimes, 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 therooms upstairs in order to choose one.

The hotel proprietor takes the 100 Euro note and runs to pay his debtto the butcher.The butcher takes the 100 Euro note, and runs to pay his debt to the pig farmer.The pig farmer takes the 100 Euro note, and runs to pay his debt tothe supplier of his feed and fuel.The supplier of feed and fuel takes the 100 Euro note and runs to payhis debt to the town's prostitute that in these hard times, gave her"services" on credit.

The prosititue runs to the hotel, and pays off her debt with the 100 Euronote to the hotel proprietor to pay for the rooms that she rented whenshe brought her clients there.The hotel proprietor then lays the 100 Euro note back on the counterso that the rich tourist will not suspect anything. At that moment, the tourist comes down after inspecting the rooms, and takes his 100 Euro note, 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 is how the United States Government under President Obama and the State of California under Governor Arnold Schwarzenegger are doing business today.

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