Monday, September 29, 2008

leaders to laggards to life boats

easy credit, housing boom
good times, grand times
everything is cool
adjustable rates or interest only
zero down heck double down
we have got you covered
mortgage applications, a mere formality
no credit checks or shake my hand credit checks
we can make the deal.

on the up and up
business is as usual
Enron, dot-com, dot-bomb
Long Term Capital
no one will remember

executive pay, executive comp
merge this hedge that swap me some of these
we've got golden parachutes
mortgage backs, derivatives
short this strip that I think I might go long
deregulation at its best

Wall Street, Main Street, Dow Jones
where to invest today?
price swings dollar dips check with the SEC
fiscal haze, credit crunch
getting harder to make money in manipulation

benchmarks, earmarks
bridges proposed to nowhere
and now a need for fiscal conservancy
downgraded, foreclosed, some short sold real estate
and a road actually built to nowhere
getting harder to provide this lip service

McCain, Obama, Palin
has anyone seen Joe Biden?
Paulson, Bernanke, Pelosi
where in the world is Dick Cheney?
Republicans, Democrats, Aristocrats
somebody hurt some feelings
burn the midnight oil
burn the midnight plan

time out, oh hell just bailout, when will the buy back window open?
lending crisis, recession, depression, meltdown
here comes the FBI
fear, greed, blood in the streets
scared yet? of whom you say?
George Bush, Freddie Mac or Fannie Mae?
where is the next diversion?
brush up on--Mahmoud Ahmadinejad?

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