20 January 2012

Dr. Faber's oversight

Marc Faber aka Doctor Doom once said (most of you are familiar with this, I bet):

The federal government is sending each of us a $600 rebate. If we spend that money at Wal-Mart, the money goes to China. If we spend it on gasoline it goes to the Arabs. If we buy a computer it will go to India. If we purchase fruit and vegetables it will go to Mexico, Honduras and Guatemala. If we purchase a good car it will go to Germany. If we purchase useless crap it will go to Taiwan and none of it will help the American economy. The only way to keep that money here at home is to spend it on prostitutes and beer, since these are the only products still produced in US. I've been doing my part.
Prophetic as the words might be, he made two mistakes, pointed out by an Israeli economist, who wrote:
Dear Mark,
You are right, the economic situation in US is terrible, with no improvement on the horizon. Unfortunately, I have to tell you that:
  • The Budweiser brewery was acquired by a Brazilian company InBev. So only the prostitutes are left.
  • But if the prostitutes decide to send money to their sons, the money will wind up in the Israeli Knesset, where the majority of SOBs reside.
Hat tip: L.G.


Dick Stanley said...


SnoopyTheGoon said...

Truth is I wondered about this joke: why wouldn't working ladies send the dough to Senate/Congress. But well..