Friday, November 14, 2008
Banking and autos
Today a friend and I chartered a bank and opened up an auto manufacturing business. We immediately declared insolvency and applied for $20,000,000,000 in no interest government loans and preferred stock. They agreed, since our business is vital to the economy.
We are prepared to lend out this money to you, our good friends, for 7% interest, but we will require your home and your family as collateral. Should you fail to repay your obligation, your family will be indentured into serfdom, your home will be razed, and your earth salted.
Have a nice weekend.