Bailing out the Irish
brin
Posts: 1,122
It is a slow day in a damp little Irish town.The rain is beating down and the streets are deserted.Times are tough, everybody is in debt, and everybody lives on credit.
On this particular day a rich German tourist is driving through the town, he stops at the local hotel and lays a 100 euro note on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night.
The owner gives him some keys and, as soon as the visitor walks upstairs the hotelier grabs the 100 euros and runs next door to pay his debt to the butcher.
The butcher takes the 100 euros and runs down the street to repay his debt to the pig farmer.The pig farmer takes the 100 euros and heads off to pay his bill at the supplier of feed and fuel. The guy at the 'farmers co-op takes the 100 euros and runs down to pay his drinks bill at the pub.The publican slips the money along to the local prostitute drinking at the bar, who has also been facing hard times and has had to offer him 'services' on credit.
The hooker then runs down to the hotel and pays off her room bill to the hotel owner with the 100 euros.The hotelier then places the 100 euro note back on the desk so the rich tourist will not suspect anything. At that moment the tourist comes down the stairs, picks up the 100 euros, states that the rooms are not satisfactory, pockets the money and leaves town.
No one produced anything, no one earned anything, however the whole town is now out of debt and looking to the future with a lot more optimism.
And that ladies and gentleman is how the bail out package works.
On this particular day a rich German tourist is driving through the town, he stops at the local hotel and lays a 100 euro note on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night.
The owner gives him some keys and, as soon as the visitor walks upstairs the hotelier grabs the 100 euros and runs next door to pay his debt to the butcher.
The butcher takes the 100 euros and runs down the street to repay his debt to the pig farmer.The pig farmer takes the 100 euros and heads off to pay his bill at the supplier of feed and fuel. The guy at the 'farmers co-op takes the 100 euros and runs down to pay his drinks bill at the pub.The publican slips the money along to the local prostitute drinking at the bar, who has also been facing hard times and has had to offer him 'services' on credit.
The hooker then runs down to the hotel and pays off her room bill to the hotel owner with the 100 euros.The hotelier then places the 100 euro note back on the desk so the rich tourist will not suspect anything. At that moment the tourist comes down the stairs, picks up the 100 euros, states that the rooms are not satisfactory, pockets the money and leaves town.
No one produced anything, no one earned anything, however the whole town is now out of debt and looking to the future with a lot more optimism.
And that ladies and gentleman is how the bail out package works.
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Comments
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You forgot to add that the German tourist then charges the hotelier €5.85 for leaving the money on the counter.'This week I 'ave been mostly been climbing like Basso - Shirley Basso.'0
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There is one thing though...
Where it says "nothing has been produced".
It clearly has, it just hadn't been paid for yet.0 -
What sort of tw*t just leaves 100Euros on the front dest whilst he checks a room ? Slight flaw in this............Science adjusts it’s beliefs based on what’s observed.
Faith is the denial of observation so that Belief can be preserved0
