A preacher wanted to earn money for his church. He had heard there was big money in horse racing, so he decided to purchase a horse and enter it in the race. However, at the local auction, the going price for horses was too steep and the preacher ended up buying a donkey. The preacher figured since he had the donkey, he might as well enter it in the races. The next day the donkey came in third place.

The following day in the racing form, the headlines appeared: PREACHER'S ASS SHOWS

The preacher was so pleased with the donkey the he entered the donkey the next day also. The donkey won. The racing form read:
PREACHER'S ASS OUT IN FRONT

The ranking Bishop was so upset with this publicity that he ordered the preacher not to enter the donkey in the races anymore. The headline read: BISHOP SCRATCHES PREACHER'S ASS

The Bishop, apoplectic, ordered the preacher to get rid of the donkey. The preacher donated the animal to a nearby convent. The following day the paper read: NUNS HAVE BEST ASS IN TOWN

The Bishop fainted. He informed the Nuns to get rid of the animal, so they sold it to a farmer for $10. The next day the paper read: NUNS PEDDLE ASS FOR TEN BUCKS

They buried the Bishop the next day. The following day the paper read: TOO MUCH ASS RESPONSIBLE FOR BISHOP'S DEATH