God Test Ye Merry, Gentlemen

From Ben the Chairman of our Fed
A helicopter came;
And loads of money fell into
the hands of banks so lame:
Then GM bonds were trashed to buy
The Union vote to blame.
O tidings of worry and fear,
Ain't it so queer
No hurry to worry and fear

In Wall Street now, in New York streets,
The bonus pool goes on
And bankers all across the land
pull off this spineless con
A bank account pays 1 percent
But businesses get none
O bankers both greedy and mean,
CD rates lean
The old folks eat ramen and green bean.

"Fear not then," said the Angel 'cause,
"The White House has your back,
We won't raise income taxes now
Of funds we do not lack,
The trillions that you're forced to pay
The rich will pay you back."
O tidings of borrow and tax,
Those are the facts
Raise the limit on our debt to the max

Obama came to save the day
With Congress playing ball,
Soon Treasury can't borrow and
The markets hit a wall:
Then China plays the China card
Oh where'd they find the gall.
O tidings of borrow and spend,
when will it end
On good tidings of our lenders we depend

Pelosi gave healthcare to all,
While saving bankers hides,
They bought GM illegally,
then watched as business died;
With Barney Frank and Dodd in charge,
Reality denied.
Civic leaders lying, full of gall,
I'm appalled
Send the politicians home from the mall.

We're praying for a happy end,
Before this song is done,
The stimulus worked briefly
and the spending sure was fun;
We'll pay for that till our kids die
And grandkids too are gone.
O tidings of credit and debt,
Come and get
The problem is that lenders don't forget

Douglas B. May, CFA, is President of May-Investments, LLC and author of Investment Heresies.

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