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clinton the computer entrepreneur
 
 
What did President Clinton name his new computer business?

LAP TOPings

full speed ahead
 
 
What's faster than the speed of light?
An Afghani with a dinner ticket.
presidential surprise
 
 
The President was out walking on a beautiful snowy day, when he saw that somebody had urinated on the White House lawn to spell out "The President Sucks." Infuriated, he called on the secret service to figure out who had done it. In a few hours, they came to him and told him that there was some bad news and some worse news.

"The bad news is that the urine is from the Vice President."

"Al? How could you do this to me? What could be worse than this?"

"The handwriting's the first lady's."

voodoo enronomics
 
 
Feudalism: You have two cows. Your lord takes some of the milk.

Fascism: You have two cows. The government takes both, hires you to take care of them and sells you the milk.

Communism: You have two cows. You must take care of them, but the government takes all the milk.

Capitalism: You have two cows. You sell one and buy a bull. Your herd multiplies, and the economy grows. You sell them and retire on the income.

Enron 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 through an intermediary to a Cayman Island company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company. The Enron annual report says the company owns eight cows, with an option on one more.


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