Fwd FRIDAY: Simple Economics

i am often forwarded many interesting emails...sometimes they make me cry sometimes they make me laugh those i would like to share here...some i delete upon reciept...i hope you enjoy fwd Friday

Understanding Economic Systems a simple explanation Traditional Capitalism You have two cows. You sell one and buy a bull. Your herd multiplies, and the economy grows. You sell the herd and retire on the income. Socialism You have two cows. You give one to your neighbor. Communism You have two cows. The State takes both and gives you some milk. Fascism You have two cows. The State takes both and sells you some milk. Nazism You have two cows. The State takes both and shoots you. Bureaucratism You have two cows. The State takes both, shoots one, milks the other, and then throws the milk away.. Surrealism You have two giraffes. The government requires you to take harmonica lessons. 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 analyze why the cow has dropped dead. AIG 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. He sells the rights to all seven cows back to your listed company. The annual report says the company owns eight cows, with an option for one more. You sell one cow to buy a new president of the United States, leaving you with nine cows. No balance sheet provided with the release. Then the public buys your bull. A French corporation You have two cows. You go on strike, organize a riot, and block the roads, because you want three cows. A 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. You then create a clever cow cartoon image called "Cowkimon" and market it worldwide. A German corporation You have two cows. You re-engineer them so they live for 100 years, eat once a month, and milk themselves. An Italian corporation You have two cows, but you don't know where they are. You decide to have lunch. A Swiss corporation You have 5,000 cows. None of them belong to you. You charge the owners for storage. A Chinese corporation You have two cows. You have 300 people milking them. You claim that you have full employment and high bovine productivity. You arrest the newsman who reported the real situation. A British corporation You have two cows. Both are mad. AHH...SO THAT'S HOW IT ALL WORKS...huh

I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. Thomas Jefferson, (Attributed)3rd president of US (1743 - 1826)