The Dead Horse
Young Tim in Montana bought a horse from a farmer for $100. The farmer agreed to deliver the horse the next day.
The next day the farmer drove up and said, "Sorry son, but I have some bad news... the horse died."
Tim replied, "Well, then just give me my money back."
The farmer said, "Can't do that. I went and spent it already."
Tim said, "Ok, then, just bring me the dead horse."
The farmer asked, "What ya going to do with him?"
Tim said, "I'm going to raffle him off."
The farmer said, "You can't raffle off a dead horse!"
Tim said, "Sure I can, watch me. I just won't tell anybody he's dead."
A month later, the farmer met up with Tim and asked, "What happened with that dead horse?"
Tim 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?"
Tim said, " Just the guy who won. So I gave him his two dollars back."
Tim grew up and now works for the government. He’s the Secretary of the Treasury. He's the one who figured out how this "bail-out" is going to work.
Young Tim in Montana bought a horse from a farmer for $100. The farmer agreed to deliver the horse the next day.
The next day the farmer drove up and said, "Sorry son, but I have some bad news... the horse died."
Tim replied, "Well, then just give me my money back."
The farmer said, "Can't do that. I went and spent it already."
Tim said, "Ok, then, just bring me the dead horse."
The farmer asked, "What ya going to do with him?"
Tim said, "I'm going to raffle him off."
The farmer said, "You can't raffle off a dead horse!"
Tim said, "Sure I can, watch me. I just won't tell anybody he's dead."
A month later, the farmer met up with Tim and asked, "What happened with that dead horse?"
Tim 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?"
Tim said, " Just the guy who won. So I gave him his two dollars back."
Tim grew up and now works for the government. He’s the Secretary of the Treasury. He's the one who figured out how this "bail-out" is going to work.
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