From Baba Mail....
TRADITIONAL CAPITALISM
You have 2 cows. You sell one and buy a bull. The herd multiplies and the economy grows. You sell the herd and retire on the income.
SOCIALISM
The government takes one of your cows and gives it to your neighbor.
C*******M
The Government takes both your cows and gives you some milk.
FACISM
The Government takes both your cows and sells you some milk.
N**ISM
The Government takes both your cows and shoots you.
BUREAUCRATISM
An alphabet agency takes both your cows, shoots one, milks the other and throws the milk away.
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, and then execute a debt/equity swap with an associated general offer so you get all four cows back with a tax exemption for five cows. The milk rights of these six cows are t***sferred 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. Your annual report reflects this when it says the company owns eight cows with an option on one more.
Excellent and humorous. Unfortunately accurate.
Smedley_buzk**l wrote:
From Baba Mail....
TRADITIONAL CAPITALISM
You have 2 cows. You sell one and buy a bull. The herd multiplies and the economy grows. You sell the herd and retire on the income.
SOCIALISM
The government takes one of your cows and gives it to your neighbor.
C*******M
The Government takes both your cows and gives you some milk.
FACISM
The Government takes both your cows and sells you some milk.
N**ISM
The Government takes both your cows and shoots you.
BUREAUCRATISM
An alphabet agency takes both your cows, shoots one, milks the other and throws the milk away.
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, and then execute a debt/equity swap with an associated general offer so you get all four cows back with a tax exemption for five cows. The milk rights of these six cows are t***sferred 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. Your annual report reflects this when it says the company owns eight cows with an option on one more.
From Baba Mail.... br TRADITIONAL CAPITALISM br Yo... (
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