The student and the professor of economics.
A student asked a professor of economics:
- What is the difference between socialism and capitalism ?
The professor answered:
- Capitalism is the exploitation of humans by humans
- And socialism ?
- It's the inverse of course.
A rather frugal man asked the bank for a loan of one dollar and was
told he would have to pay nine percent interest at the end of the year.
For security he offered $60,000. in U.S. bonds. The banker, foreseeing
a potential depositor, accepted the bonds and gave the man a dollar.
At the end of the year, he was back with a dollar and nine cents to
clear up his debt and asked for the return of his bonds.
Upon returning the bonds the banker asked, "I don't want to be
inquisitive, but since you have all those bonds, why did you have
to borrow a dollar?"
"Well," said the tightfisted old gent, "I really didn't have to. But
do you know of any other way I could get the use of a safe-deposit box
for nine cents a year?"
Have you heard about the Irishman who reversed into a car boot sale and sold the engine?
A guy at work went in for a competition and won a trip to China. He's out there now...trying to win a trip back!
"What! No E-mail?"
An unemployed man goes to apply for a job with Microsoft as a janitor. The manager there arranges for him to take an aptitude test (Section: Floors, sweeping and cleaning). After the test, the manager says, "You will be employed at minimum wage, $5.25 an hour. Let me have your e-mail address, so that I can send you a form to complete and tell you where to report for work on your first day. Taken aback, the man protests that he has neither a computer nor an e-mail address. To this the MS manager replies, "Well, then, that means that you virtually don't exist and can therefore hardly expect to be employed." Stunned, the man leaves. Not knowing where to turn and having only $10 in his wallet, he decides to buy a 25 lb. flat of tomatoes at the supermarket. Within less than 2 hours, he sells all the tomatoes individually at 100% profit. Repeating the process several times more that day, he ends up with almost $100 before going to sleep that night. And thus it dawns on him that he could quite easily make a living selling tomatoes. Getting up early every day and going to bed late, he multiplies his profits quickly. After a short time he acquires a cart to transport several dozen boxes of tomatoes, only to have to trade it in again so that he can buy a pick-up truck to support his expanding business. By the end of the second year, he is the owner of a fleet of pick-up trucks and manages a staff of a hundred former unemployed people, all selling tomatoes. Planning for the future of his wife and children, he decides to buy some life insurance. Consulting with an insurance adviser, he picks an insurance plan. At the end of the telephone conversation, the adviser asks him for his e-mail address in order to send the final documents electronically. When the man replies that he has no e-mail, the adviser is stunned, "What, you don't have e-mail? How on earth have you managed to amass such wealth without the Internet, e-mail and e-commerce? Just imagine where you would be now, if you had been connected to the internet from the very start!" After a moment of thought, the tomato millionaire replied, "Why, of course! I would be a floor cleaner at Microsoft!" Moral of this story: 1. The Internet, e-mail and e-commerce do not need to rule your life. 2. If you don't have e-mail, but work hard, you can still become a millionaire. 3. Seeing that you got this story via e-mail, you're probably closer to becoming a janitor than you are to becoming a millionaire. 4. If you do have a computer and e-mail, you have already been taken to the cleaners by Microsoft.
A man commented to his lunch companion: "My wife had a funny dream last night. She dreamed she'd married a millionaire". "You're lucky", sighed the companion. "My wife dreams that in the daytime".
Management student kisses a girl.
Girl: Whats this?
Boy: Its called DIRECT MARKETING.
(Girl slaps the boy)
Boy: What is this?
Girl: This is CUSTOMER FEED BACK.
An investment banker stood at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellowfin tuna. The banker complimented the fisherman on the quality of his fish and asked how long it took to catch them.
The fisherman replied, “Only a little while.”
The banker then asked why didn’t he stay out longer and catch more fish?
The fisherman said he had enough to support his family’s immediate needs.
The banker then asked, “But what do you do with the rest of your time?”
The fisherman said, “I sleep late, fish a little, play with my children, take siestas with my wife, stroll into the village each evening where I sip wine, and play guitar with my amigos. I have a full and busy life.”
The investor scoffed, “I am an Ivy League MBA and could help you. You should spend more time fishing and with the proceeds, buy a bigger boat. With the proceeds from the bigger boat, you could buy several boats, and eventually you would have a fleet of fishing boats.
“The investor continued, “And instead of selling your catch to a middleman you would then sell directly to the processor, eventually opening your own cannery. You would control the product, processing, and distribution! You would need to leave this small coastal fishing village and move to Mexico City, then Los Angeles and eventually New York City, where you will run your expanding enterprise.”
The fisherman asked, “But how long will this all take?”
To which the banker replied, “Perhaps 15 to 20 years.”
“But what then?” asked the fisherman.
The banker laughed and said, “That’s the best part. When the time is right you would announce an IPO and sell your company stock to the public and become very rich. You would make millions!”
“Millions. Okay, then what?” wondered the fisherman.
To which the investment banker replied, “Then you would retire. You could move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take siestas with your wife, and stroll to the village in the evenings where you could sip wine and play your guitar with your amigos.”
I'll send you some money
A kid called up his mom from his college and asked her for some money, because he ran out of it.
Mom said: "Sure, sweetie. I'll send you some money. You also left your calculus book here when you visited 2 weeks ago. Do you want me to send that up too?"
"Uh, oh yeah, OK," responded the kid.
So Mom wrapped the book along with the checks up in a package, kissed Dad goodbye, and went to the post office to mail the money and the book.
When she gets back, Dad asked: "Well, how much did you give the boy this time?"
Mom said: "Oh, I wrote 2 checks, one for $20, and the other for $1000"
"That's $1020!!!" yelled Dad, "Are you crazy???"
"Don't worry hon," Mom said, as she kissed Dad on the on top of his bald head, "I taped the $20 check to the cover of his book, but I put the $1000 one somewhere between the pages in Chapter 19!"
After a laborious two-week criminal trial in a very high profile bank robbery case, the jury finally ended its 14 hours of deliberations and entered the courtroom to deliver its verdict to the judge. The judge turns to the jury foreman and asks, "Has the jury reached a verdict in this case?"
"Yes we have, your honor," the foreman responded.
"Would you please pass it to me,"
The judge declared, as he motioned for the bailiff to retrieve the verdict slip from the foreman and deliver it to him.
After the judge reads the verdict himself, he delivers the verdict slip back to his bailiff to be returned to the foreman and instructs the foreman, "Please read your verdict to the court."
"We find the defendant NOT GUILTY of all four counts of bank robbery," stated the foreman.
The family and friends of the defendant jump for joy at the sound of the "not guilty" verdict and hug each other as they shout expressions of divine gratitude. The defendant's attorney turns to his client and asks,
"So, what do you think about that?"
The defendant looks around the courtroom slowly with a bewildered look on his face and then turns to his defense attorney and says,
"I'm real confused here. Does this mean that I have to give all the money back?"