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Old 07-12-2012, 10:26 PM   #1
sting75ray
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Default BUBBA

His name was Bubba, he was from Mississippi ... And he needed a loan, So... He walked into a bank in New York City and asked for the loan Officer. He told the loan officer that he was going to Paris for an International redneck festival for two weeks and needed to borrow $5,000 and that he was not a depositor of the bank. The bank officer told him that the bank would need some form of security for the loan, so the Redneck handed over the keys to a new Ferrari. The car was parked on the street in front of the bank.\\

The Redneck produced the title and everything checked out. The loan officer agreed to hold the car as collateral for the loan and apologized for having to charge 12% interest.

Later, the bank's president and its officers all enjoyed a good laugh at the Redneck from the South for using a $250,000 Ferrari as collateral for a $5,000 loan. An employee of the bank then drove the Ferrari into the bank's private underground garage and parked it.

Two weeks later, the Redneck returned, repaid the $5,000 and the interest of $23.07. The loan officer said, "Sir, we are very happy to have had your business, and this transaction has worked out very nicely, but we are a little puzzled. While you were away, we checked you out on Dunn & Bradstreet and found that you are a Distinguished Alumni from Mississippi State University, a highly sophisticated investor and Multi-Millionaire with real estate and financial interests all over the world. Your investments include a large number of wind turbines around Sweetwater, Texas. What puzzles us is, why would you bother to borrow $5,000?"

The good 'ole boy replied, "Where else in New York City can I park my car for two weeks for only $23.07 and expect it to be there when I return?"

His name was BUBBA....
Keep an eye on those southern boys!

Just because we talk funny does not mean we are stupid.
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Old 07-12-2012, 10:31 PM   #2
1LoneWolf75
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Default Re: BUBBA

Smart man.
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Old 07-12-2012, 10:33 PM   #3
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Default Re: BUBBA

Too funny
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Old 07-13-2012, 07:36 PM   #4
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Default Re: BUBBA

Just because we talk funny does not mean we are stupid
good point!
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Old 07-13-2012, 07:45 PM   #5
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Default Re: BUBBA

I'm used toall that funny talk y'all. The wife is a southern woman and is sharp as all get out. I dont mind a bit. good post hahahaha
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Old 07-13-2012, 10:37 PM   #6
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Default Re: BUBBA

Not only that, their math is bad. 12% of $5000 is $600.
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Old 07-14-2012, 12:28 PM   #7
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Default Re: BUBBA

Quote:
Originally Posted by Sig Willy View Post
Not only that, their math is bad. 12% of $5000 is $600.
Sorry. "12% interest" is an annual rate. And two weeks worth is $23.07.

(Don't ya hate it when that happens?)
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Old 07-14-2012, 01:22 PM   #8
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Ah ok. Excuse me while I go bang my head on the tree.
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Old 07-14-2012, 04:01 PM   #9
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Default Re: BUBBA

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Ah ok. Excuse me while I go bang my head on the tree.
I take it you're not one of the distinguished alums of Mississippi State.....

Welcome to the forum tho! Pull up a bowl of ice cream and jump into the funnin'!
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Old 07-14-2012, 04:19 PM   #10
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Default Re: BUBBA

Being a bubba has its priviliges too.We have alot of fun.We eat organic food cause we raise our own livestock and garden.Then charge the snot outa city slicker for the free range poultry and beef and organic produce.I have always had a garden,be it small or large.I can no longer do it but I got maters on my patio and fresh herbs.A good southern boy needs fresh mint in his sweet tea.
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Old 07-14-2012, 04:57 PM   #11
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Few things are better than fresh mint tea!
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Old 07-14-2012, 05:00 PM   #12
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Default Re: BUBBA

I love it.

The point is well made that just because we are different, it doesn't mean we are stupid......
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Old 07-14-2012, 08:24 PM   #13
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Default Re: BUBBA

Wow GEDS,I use to live in Talladega.I spent 15 years in the great state of Ala.Fartherest north I ever been was Chattanooga Tenn.
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Old 07-14-2012, 08:29 PM   #14
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Default Re: BUBBA

Puttin on my best Bubba look is a great way to make money.When Honda moved into Lincoln,ALA I made some land deals and made some good money selling cow pasture land that is now a subdivision for the yuppies.Also works well when you buy a car.Think yur a dumb hick but cash speaks volumes.
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Old 07-14-2012, 09:02 PM   #15
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Default Re: BUBBA

Quote:
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Puttin on my best Bubba look is a great way to make money.When Honda moved into Lincoln,ALA I made some land deals and made some good money selling cow pasture land that is now a subdivision for the yuppies.Also works well when you buy a car.Think yur a dumb hick but cash speaks volumes.
Well done! So you took your profit and headed further south to the land of the migrating Yankees?
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Old 07-14-2012, 09:31 PM   #16
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Default Re: BUBBA

headed south but ex cleaned me out.
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Old 07-14-2012, 10:53 PM   #17
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Default Re: BUBBA

I know several fellows who are single and work in the oil patch. When they have to be gone for period of time they pawn their hunting rifle. Same idea as Bubba it is protected and safe until they get back home.
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Old 07-15-2012, 08:39 AM   #18
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Default Re: BUBBA

An old black man in Shreveport, LA used to come into the pawn shop where I worked every fall, and hock his lawnmower, and outboard motor. He would come every month, and pay the interest. I finally got up the nerve to ask him why? His answer was a simple one; "Cause if I keep them at home, someone will steal them"!
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