Here I am

A better understanding

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To the point: Click this link and check out the Front Page News story(ies) where we are tracking the introduction of the 2025 Ram HD trucks.

Thanks, TDR Staff

Guns, Bows, Shooting Sports, and Hunting Colorado Unit 62

I'm not Catholic BUT I side with them on this One....

WCPoe

TDR MEMBER
I found this and I thought it to be very appropriate with the economic crisis at hand, just hope it hasn't already been posted here before.

:)

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 at $20 for a monkey.



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 small that it was an effort to even find

a monkey, let alone catch it!



The man now announced that he would buy monkeys at $50! 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 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

all their savings and bought all the monkeys.



They never saw the man nor his assistant again, only monkeys everywhere!





Now you have a better understanding of how Wall Street works.
 
So what you are saying is they really stuck it to the little guy huh?



What is the moral of the story? Stay out of monkey business?
 
Don't think your getting something for nothing. Like seeling $200,000 and $300,000 homes to people when they could only afford a $100,000 home (example).

The stock brokers were buying up bad loans but it was the mortage companies and banks that gave the bad loans the Ok. :mad:

Unfortunately it is the people that have good credit that will have to pay for it.



Liked the story!:cool:
 
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