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Types Of Governmen
3 comments | Posted by joe 43 months ago
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Feudalism: You have two cows. Your lord takes some of the milk.

Fascism: You have two cows. The government takes both, hires you to take care of them and sells you the milk.

Communism: You have two cows. You must take care of them, but the government takes all the milk.

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.

Enron 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, 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 through 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 Enron annual report says the company owns eight cows, with an option on one more.

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View Profile for MRBMRB
Posted on Aug 17, 2006 at 08:42 AM
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what???????

this user does not have a signature

i dont suffer from insanity. i enjoy every minute of it.

Why r we dying to live if we are just living to die? (Tupac n Biggie Runnin)

dont worry to much about life no one gets out alive.

I smile because I don't know what the hell is going on


 
View Profile for minodudeminodude
Posted on Aug 17, 2006 at 10:15 AM
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Comment in reply to MRB's original comment

with the enron way, a cow is being added every time,even though theres still only 2 "real" cows

Enron went bankrupt after lying about stocks and stuff, so the joke is aimed to make fun of them for that

Just Kidding!!

Watching professional fishing on TV is just watching a bunch of master baiters
hold their rods

Politics is just a bunch of mass debators in one room

 
View Profile for alex657684alex657684
Posted on Aug 17, 2006 at 11:13 AM
11,788 tokens, 2.64 weeks wasted
lol....i think i've heard it before, but still funny.

Hey! Hier kommt Alex
Vorhang auf fur seine Horrorshow

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