Dave in Truro bought a horse from a farmer for £100.

The farmer agreed to deliver the horse the next day.

The next day the farmer drove up and said,

"Sorry , but I have some bad news.. the horse died."

Dave replied,

"Well, then just give me my money back."

The farmer said,

"I wish I could, but I can't. I went and spent it already."

Dave said,

"Ok, then, just bring me the dead horse."

The farmer asked,

"What ya gonna do with him?"

Dave said,

"I'm going to raffle him off."

The farmer said,

"You can't raffle off a dead horse!"

Dave said,

"Sure I can, Watch me. I just won't tell anybody he's dead."

A month later, the farmer met up with Dave and asked,

"What happened with that dead horse?"

Dave said,

"I raffled him off. I sold 500 tickets at two pound a piece and made a profit of £902."

The farmer said,

"Didn't anyone complain?"

Dave said,

"Just the guy who won. So I gave him his two pounds back."

Dave grew up and now works for the government.

He's the one who figured out how this "bail-out" is going to work.