Some fun. . . SOCIALISM You have 2 cows. You give one to your neighbour. COMMUNISM You have 2 cows The State takes both and gives you some milk. FASCISM You have 2 cows. The State takes both and sells you some milk. BUREAUCRATISM You have 2 cows. The State takes both, shoots one, milks the other and then throws the milk away. TRADITIONAL CAPITALISM You have two cows. You sell one and buy a bull. Your herd multiplies, and the economy grows. You sell them and retire on the income. 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 that you get all four cows back, with a tax exemption for five cows. The milk rights of the six cows are transferred 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. The annual report says the company owns eight cows, with an option on one more. AN AMERICAN CORPORATION You have two cows. You sell one, and force the other to produce the milk of four cows. Later, you hire a consultant to analyse why the cow has died.
Posted on: Tue, 15 Oct 2013 00:58:01 +0000
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