President Bush Sells Louisiana Back to the French

[nicknameless]

President Bush and a giddy Jacques Chirac shake hands on the deal.

BATON ROUGE, LA. - The White House announced today that President Bush has successfully sold the state of Louisiana back to the French at more than double its original selling price of $11,250,000.

"This is a bold step forward for America," said Bush. "And America will be stronger and better as a result. I stand here today in unity with French Prime Minister Jacques Chirac, who was so kind to accept my offer of Louisiana in exchange for $25 million cash."

The state, ravaged by Hurricane Katrina, will cost hundreds of billions of dollars to rebuild.

"Jack understands full well that this one's a 'fixer upper,'" said Bush. "He and the French people are quite prepared to pump out all that water, and make Louisiana a decent place to live again. And they've got a lot of work to do. But Jack's assured me, if it's not right, they're going to fix it."

The move has been met with incredulity from the beleaguered residents of Louisiana.

President Bush's decision has been widely lauded by Republicans.

"This is an unexpected but brilliant move by the President," said Senate Majority Leader Bill Frist. "Instead of spending billions and billions and billions of dollars rebuilding the state of Louisiana, we've just made $25 million in pure profit."

"This is indeed a smart move," commented Fox News analyst Brit Hume. "Not only have we stopped the flooding in our own budget, we've made money on the deal. Plus, when the god-awful French are done fixing it up, we can easily invade and take it back again."

The money gained from 'The Louisiana Refund' is expected to be immediately pumped into the rebuilding of Iraq.

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(Source unknown)
:D

[Neoma]

1. hahahaha

:D

[NYC]

2. The Louisiana Refund.

Very enjoyable.

[npincus]

3. sounds like The Onion

[nicknameless]

4. I did a Google search, because I wanted to give credit to the author.

There were several hits for it, but none of them noted the source.

:shrug:

[Neoma]

5. Yeah..

There are several of those around the internet.

[Paladin]

6. Keeping In Mind, Of Course......

....that if such a transaction occurred, Bush wouldn't be bright enough to reserve the oil and gas rights. Believe me, the French could re-build New Orleans with their share of Louisiana oil and gas production, and have plenty of revenue left over, for decades to come.....

[nicknameless]

7. I almost wish, for the sake of the people down there, that it were true.

The French would do a vastly better job of cleaning up and rebuilding.

And we all know that anything Bush gets his hands on, he destroys or runs into the ground.

[Yupster]

8. Only problem is the French don't

have the money.

They're running a $ 60 billion deficit this year and it's expected to widen next year. Our out of control deficit is of course much larger, but we have six times their population and an even bigger factor over them when measuring economies.

France's total debt is over 66 % of its total GDP which is just atrocious.

The European Union has a requirement that a country's defecit stay below 3 % of GDP each year, but France will not hit that requirement this year or any year in the forseen future.

Like us, the French debt is actually uch larger as government promises of future benefits aren't factored into the debt.

[nicknameless]

9. Ours is around 100 times that, isn't it (~ 5 trillion)

We basically borrow to stay afloat. Don't they do that too?

[nicknameless]

10. Been thinking about this.

I believe that our deficit was around 3-4 trillion when Clinton got into office. He turned things around and we were beginning to generate a surplus. I heard a few months back that Bush has cost our economy 13 TRILLION dollars. So 5 trillion is a very low estimate.

Think about this: The Savings and Loan Bailout was estimated to cost us $600 Billion.
That means that the entire deficit of France is equal to only 1/10 of what that single Right-Wing debacle cost us.