A scenario...
There are these 3 companies which I'll call the "Big 3" that had poor business models and wound up going billions of dollars in debt. Then they came to a group of people with an "unlimited" money supply asking for help. I'll call this group "Congress". The Big 3 companies say to the Congress " We really need your help because we have all these bills we can't pay and all these workers which could be put out of work. Could you please give us a loan of say 25 billion dollars to get us through these hard times?" The Congress said to the Big 3, "Why sure we would love to loan you money to protect your people from losing there jobs, and your companies from failing. We just have a few questions you need to answer, ok? We also want you to give us a plan on how you are going to spend this money, so come back next month and we will discuss your plans."
The Big 3 leave the Congress and go back to there businesses and start devising a plan. The first thing they came up with was: "We should pay our workers a lot more than the competition, that will for sure empress the Congress, because we know how they like big paychecks for workers." "Then we should provide all our workers medical care for life, that too will be a big hit in those hallowed halls of money." "I know what else we can do is if we have to close a store we pay our people 95% of there wages." Knowing these and other things will empress the Congress they fly in a big jet to the home of The Congress.
Siting in front of the Congresses select members the Big three ask "Have you read our plans on how we are going to use the money you are giving us?" The great and powerful leaders, named Reid and Pelosi sternly look at the big three and ask" So you want to give all your money to the workers huh? That seems to be very noble way to give away others money. That will save many jobs and the futures of your companies. May we ask what you make at your companies?" The first one answered," At McDonalds we make a varity of yummy sandwiches." The Second answered "at Taco Bell we make this great food called tacos. " the last one answered "We make these flat bread pies covered in toppings called pizza."
The great leaders Pelosi and Reid then say "Of course you can have our (wink, wink) money to make your food, now go to the guy down the street, named Palson, with the check book and pick up your money and live happily ever after."
The big three go down the street and pick up there money and return to there stores all over the country to spend it how they planned. They spent and spent till the 25 billion dollars was no more, and still they had debt. So they decide to go back to the Congress for more magic money.
The leaders of the Congress gathered and asked the big 3, " You did what you said and spent money like you said and you say you are not rich beyond your wildest dreams. How can that be? everybody knows that when you spend money you get rich?"
Stammering the big three answer "It seems that people don't want to buy $500 sandwiches, $600 tacos, and $1000 pizzas. That is what we have to charge to make enough money to pay you back."
Pelosi and Reid started chuckling and then work themselves in to a full roaring laughter. Puzzled the Big 3 ask "What is so funny, we did what you wanted and still can't pay you back?"
"Because" Reid answered " You thought you have to pay the money back. We are Congress so we can take money from everybody and never have to pay it back." Pelosi adds " and if we run out of money we just make more"
They all laugh and laugh at the silly people who give there money to the Congress they are so foolish......
The moral to the story is "If you want your business to fail just leave it in the hands of Congress..."
No comments:
Post a Comment
Comments on Plumb and Square are moderated. Comments made within 7 days of the posting will post right away. If you make a comment after 7 days of the posting, the comment will not post right away. I will be notified of your comment and I will approve the comment. I do not discriminate, I will post favorable and unfavorable comments. I will not post "sales" comments.
Note: Only a member of this blog may post a comment.