Logic Riddles

Question: What was the president of the United State's name in 1980?

Question: A woman goes into a bank in Chicago and asks for a $1,000 loan for an upcoming trip she has planned to Asia. The loan officer tells her she will need collateral if she wants the loan.

She tells the loan officer "I'll leave my car, it's worth $150,000." The bank takes the car for the loan, laughing at her for leaving such expensive collateral.

A month later when the woman comes back she pays off her loan plus interest, costing her $1,020. The bank manager smirks at her and asks "While you were gone we found out you're very wealthy. Why would you get such a small loan and leave such expensive collateral?"

She tells him why and he realizes she's not as dumb as they thought. Why did she get the loan?

Question: There are two planes. One is going from New York to London at a speed of 600 MPH. The other is traveling from London to New York at a speed of 500 MPH.

When the planes meet which one will be closer to London?

Question: You have 7 tennis balls that are all identical but one of them is slightly lighter than the others.

Using a balance scale and only two separate weightings, how can you find the light tennis ball?

Question: Little Johnny's teacher asks him, "If I gave you two cats, then two more, and two more cats; how many would you have?"

Little Johnny replies, "Seven!"

His teacher asks him again more slowly, "If I gave you two cats, then two more, and two more cats; how many would you have?"

But again Little Johnny replies, "Seven!"

Next she asks, "If I get two cats, then two more, and two more cats; how many would I have?"

Little Johnny replies, "Six!"

"Good Job Johnny! Now if I gave you two cats, then two more, and two more cats; how many would you have?"

Johnny thinks for a second, "Seven."

But Johnny is not wrong. Why?