Bear News Beartown News

FEBRUARY 1, 2002

NEWS


COW POLITICS EXPLAINED

DEMOCRAT: You have two cows. Your neighbor has none. You feel guilty for being successful. You vote people into office that put a tax on your cows, forcing you to sell one to raise money to pay the tax. The people you voted for then take the tax money, buy a cow and give it to your neighbor. You feel righteous. Barbara Streisand sings for you.
SOCIALIST: You have two cows. The government takes one and gives it to your neighbor. You form a cooperative to tell him how to manage his cow.
REPUBLICAN: You have two cows. Your neighbor has none. So?
COMMUNIST: You have two cows. The government seizes both and provides you with milk. You wait in line for hours to get it. It is expensive and soured.
CAPITALISM, AMERICAN STYLE: You have two cows. You sell one, buy a bull, and build a herd of cows.
DEMOCRACY, AMERICAN STYLE: You have two cows. The government taxes you to the point you have to sell both to support a man in a foreign country who has only one cow, which was a gift from your government.
BUREAUCRACY, AMERICAN STYLE: You have two cows. The government takes them both, shoots one, milks the other, pays you for the milk, and then pours the milk down the drain.
AMERICAN CORPORATION: You have two cows. You sell one, lease it back to yourself and do an IPO on the 2nd one. You force the 2 cows to produce the milk of four cows. You are surprised when one cow drops dead. You spin an announcement to the analysts stating you have downsized and are reducing expenses. Your stock goes up.
FRENCH CORPORATION: You have two cows. You go on strike because you want three cows. You go to lunch. Life is good.
JAPANESE CORPORATION: You have two cows. You redesign them so they are one-tenth the size of an ordinary cow and produce twenty times the milk. They learn to travel on unbelievably crowded trains. Most are at the top of their class at cow school.
GERMAN CORPORATION: You have two cows. You re-engineer them so they are all blond, drink lots of beer, give excellent quality milk, and run a hundred miles an hour. Unfortunately they also demand 13 weeks of vacation per year.
ITALIAN CORPORATION: You have two cows but you don't know where they are. While ambling around, you see a beautiful woman. You break for lunch. Life is good.
RUSSIAN CORPORATION: You have two cows. You count them and learn you have five cows. You have some more vodka. You count them again and learn you have 42 cows. You count them again and learn you have 12 cows. You stop counting cows and open another bottle of vodka. You produce your 10th, 5-year plan in the last 3 months. The Mafia shows up and takes over however many cows you really have.
POLISH CORPORATION: You have two bulls. Employees are regularly maimed and killed (attempting to milk them)
FLORIDA CORPORATION: You have a black cow and a brown cow. Everyone votes for the best looking one. Some of the people who like the brown one best, vote for the black one and some people vote for both. Some people vote for neither. Some people can't figure out how to vote at all. Finally, a bunch of guys from out-of-state tell you which is the best-looking one.
NEW YORK CORPORATION: You have fifteen million cows. You have to choose which one will be the leader of the herd, so you pick some fat cow from Arkansas.

NEW SPELL CHECKER

Eye halve a spelling chequer.
It came with my pea sea.
It plainly marques four my revue
Miss steaks eye kin knot sea.

Eye strike a key and type a word
And weight four it two say
Weather eye am wrong oar write
It shows me strait a weigh.

As soon as a mist ache is maid
It nose bee fore two long
And Eye can put the error rite
Its rare lea ever wrong.

Eye have run this poem threw it
I am shore your pleased two no
Its letter perfect awl the weigh
My chequer tolled me sew


.MISTAKEN IDENTITY

On a recent winter day Sam Jorgenson was cutting logs near the Canadian border. Two Border Patrol Agents appeared and bellowed through a loudspeaker "Who are you and what are you doing?"
"I Sam.. I Bin Loggin!" was the reply and he was shot dead!


ENRON ECONOMICS

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 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, 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.

Now do you see why a company with $62 billion in assets is declaring bankruptcy?


GOING

GOING

GONE!!!

Did somebody say Beartown?


Email: dernc@sover.net


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