Login
Subscribe
More About This Website

This is my effort to share my thoughts with readers about concerns facing our country today.  I believe there is a good chance my grandchildren may be the first generation in the history of this great country not to have a better standard of living than their parents. If so, our generation is to blame. The clock is running out for damage control. .

<a href="http://technorati.com/claim/sdept8b5a6"rel="me">TechnoratiProfile</a> 

Navigation
Search
Powered by Squarespace
blog index
« I'm Putting My Money Where My Blog Is | Main | U.S. Exports Cash »
Saturday
May172008

Saudi King Explains Capitalism to U.S. President

Press notices say the Saudi King politely turned the begging U.S. President down on his plea to sell more oil. Here's what really happened.

While President Bush was groveling on his knees, the Saudi King said: Mr. President, let's say I made widgets. Every month I get orders from customers for 300 widgets. The other widget makers in the world are making all the widgets they can make. You have to cut down a tree for every 10 widgets you make. We, and all the other widget makers are running out of trees but there is more and more demand for widgets. Yes, you are my biggest customer. But, if I make more widgets you are not going to buy more, if fact you have been buying less lately. My new customers(China and India) are buying more and one may replace you as my biggest customer soon. (China) So, Mr. President, if I make more widgets and you don't buy them, what happens? Yes, the price of widgets goes down. But I don't sell any more. So my revenue goes down, my cash flow goes down, and you benefit at my expense. 

So, Mr. President, let me ask you. Why should I cut the rest of my trees to make widgets and sell them for less money just because you can't get your country to produce your own widgets? Mr. President you have a personal problem and I suggest you pay my price for widgets or go home and start cutting your own trees and making your own widgets which is all right with me since I will sell the widgets you don't buy to another customer for my price today. 

Mr. President, my response is go pound sand and if you haven't noticed there is a lot of it right here in this country you can pound.  

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>