Who's up for some canned spiced meat or playing flag football on a synthetic surface? That and I disagree with our very recently minted new member's opinions. On several fronts.
That and s/he got the story wrong: the white elephant was presented as a gift by the king of Siam to people that had done wrong, not good. The King would make a show of this wonderful gift, and the courtesan couldn't very well say no. So the King gets to look generous for giving a gift, he gets to divest an elephant, and the courtesan gets to take home a rather large poop machine who will eat anything in sight, make an unholy racket and destroy whatever he gets near. Imagine if Groo the Barbarian was twenty times bigger. The gift is not meant to be a "conversation starter" or to facilitate zingers, it is meant to be an excuse to get rid of the stuff that clutters up your shelves and closets, and you just toss out/donate whatever you win. (Though the idea of my uncle hanging onto the zero value Target gift card I put in once fills me with cackling delight.)
Go find the Simpsons episode Bart Gets an Elephant for more detail and nuance.