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Lou Costello and Bud Abbott in Newsweek 1940

Loan me 50 dollars

Abbott and Costello skit – Loan me 50 dollars

One of the classic  Abbott and Costello  routines, where Bud Abbott takes advantage of a common math mistake that we all make to fleece his pal, Lou Costello, out of all of his money.  The skit ends with a simple ‘read my mind’ routine that takes Lou’s last remaining bill.  This routine was done  many  times, both in the movies and their radio show.

Bud Abbott: Do me a favor, loan me $50.
Lou Costello: Bud, I can’t. I can’t loan you $50.
Bud Abbott: Oh, yes, ya can.
Lou Costello: No, I can’t. All I got is $40.
Bud Abbott: All right, give me the $40 and you’ll owe me 10  Read More »Loan me 50 dollars