A bright youngster named Chuck bought a horse from a farmer for $100.00 The day the farmer was to deliver the animal he told Chuck he was sorry but the horse had died.
Chuck ask for his money back but the farmer said he'd spent it, so Chuck ask for the dead horse and said he'd raffle him off to get his money back. The farmer said, "You can't raffle a dead horse!" Chuck said, "Sure I can! I just won't tell anybody the horse is dead."
The farmer saw Chuck later and asked about the raffle? Chuck said, "I sold 500 tickets at $1.00 each, they cost $49 to print so I had a profit of $350.00." The farmer asked, "Didn't anyone complain?" Chuck said, "Just the guy who won the horse, so I gave him his dollar back."
The bright youngster named Chuck went off to college and now works for the government. He helped formulate the stimulus and bail-out programs and is now working on Fannie and Freddie.
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