An Example of Tragedy
Winston Peters is visiting a school.

In one class, he asks the students if anyone can give him an example of a "tragedy". One little boy stands up and offers that, "if my best friend who lives next door was playing in the street when a car came along and killed him, that would be a tragedy".

"No," Winston says, "That would be an ACCIDENT."

A girl raises her hand. "If a school bus carrying fifty children drove off a cliff, killing everyone involved... that would be a tragedy". "I'm afraid not, "explains Winston, "that is what we would call a GREAT LOSS."

The room is silent, none of the other children volunteer. "What?" asks Winston, "isn't there any one here who can give me an example of a tragedy?"

Finally, a boy in the back raises his hand. In a timid voice, he says: "If an airplane carrying Winston Peters was blown up by a bomb, THAT would be a tragedy".

"Wonderful!" Winston beams. "Marvelous! And can you tell me WHY that would be a tragedy?" "Well," says the boy, "because it wouldn't be an accident, and it certainly wouldn't be a great loss!"

Bad Japanese economy
According to inside contacts, the Japanese banking crisis shows no signs of ameliorating. If anything, it's getting worse.

Following last week's news that Origami Bank had folded, we are hearing that Sumo Bank has gone belly up, and Bonsai Bank plans to cut back some of its branches. Karaoke Bank is up for sale, and it is (you guessed it!) going for a song.

Meanwhile, shares in Kamikaze Bank have nose-dived, and 500 back-office staff at Karate Bank got the chop. Analysts report that there is something fishy going on at Sushi Bank, and staff there fear they may get a raw deal.