Bail Out Explained    Young Chuck in Montana bought a horse from a farmer for $100. The farmer agreed to deliver the horse the next day. The next day he drove up and said, 'Sorry son, but I have some bad news, the horse died.' Chuck replied, 'Well, then just give me my money back.' The farmer said, 'Can't do that. I went and spent it already' Chuck said, 'Ok, then, just bring me the dead horse.' The farmer asked, 'What ya gonna do with him? Chuck said, 'I'm going to raffle him off.' The farmer said, 'You can't raffle off a dead horse!' Chuck said, 'Sure I can, Watch me. I just won't tell any body he's dead.' A month later, the farmer met up with Chuck and asked, 'What happened with that dead horse?' Chuck said, 'I raffled him off. I sold 500 tickets at two dollars a piece and made a profit of $998..' The farmer said, 'Didn't anyone complain?' Chuck said, 'Just the guy who won. So I gave him his two dollars back.'  Chuck grew up and works now for the government. He was the one who figured out how to "bail us out".   The above is from ROD Linda Russell. With her insight into the banking fiasco she was gracious enough to offer this explanation to what some say is a difficult concept to grasp. No longer. (So what if this was here last week..it still works)

 

February 11, 2009

Catered by

Shout and Sack

 

Welcome…

PROGRAM

 

Rotarian of the Day: Linda Russell

 

Linda has been with Arvest Bank for the past 12 years located in Bartlesville, as Sr. V.P. and Consumer Loan Manager.  She is married with two daughters and 5 grandchildren.  I've been in the banking industry for the past 44 years, working in Illinois, Missouri and Oklahoma.  We moved to the lake in May and I transferred to the Arvest Vinita Branch.  I attended college at Southern Illinois University and have taken many banking related classes and attended the following schools: Consumer Lending, Commercial Lender, Compliance and Graduate Compliance School.  While in Bartlesville, I served on the following Boards,: Rotary, Boy Scouts, Girls Scouts, Red Cross, Women and Children in Crisis, Bartlesville Trust Authority, Green County Pilot and Family Crisis and Counseling Center. Linda’s hobbies include reading, quilting, playing cards and living on the “Healing Waters” of Grand!

 

Today’s Program

 

Today’s speaker will be Suzanne Marler with “Fit Camp.” This is a day camp for the physically and mentally impaired. Should be interesting.

 

 

Rotarian of the Day Schedule

ROD and Weekly programs.

Please be sure to note your ROD date and get me an updated bio and your program particulars as early as possible. I need this at least one week in advance.

Senior Rotarians

Hillary Kidd and Brooke Owen are Senior Rotarians for the month of February. Be sure and make them feel welcome.

Stimulus Bill

Let’s see….stimulus is something that excites you and bill is something that you pay so….we should be excited about what we are going to pay?? I get confused so easily. BG

Bailout on the back was left so Linda can explain and because I ran out of time this week.

PLEASE SEND COMMENTS/SUGGESTIONS TO Bob Green

bob.green@arrowheadok.com