Friday, September 26, 2008

Lets see,

no more buldge bracket investment banks,
nationalization of AIG and the GSEs,
WaMu, the biggest bank failure in history,
money markets in near panic,
record foreclosures,
interbank credit freeze,
subprime godzilla,
global CDS minefield,
rising unemployment,
TARP (Torpedoed Assetbacked Recovery Plan) chaos,
Sage McCain, says:"This isn't the beginning of the end of this crisis, this is the end of the beginning."

Is it time to panic?

No! Its time to sing

OBLADI OBLADA (MARKET LIFE GOES ON)
(the Beatles)
(adapted by WilliamBanzai7)

Ben Bernanke plays backstop for the market place
Henry is cleaning up subprime quicksand
Bernanke says to Henry - we've got to save this place
And as he says this the two of them shake hands.

[ Chorus: ]
Obladi oblada markets go on bro
Lala how that market life goes on
Obladi Oblada markets go on bro
Lala how that market life goes on.

Bernanke takes a trolley from the Fed money store
Buys a 700 billion dollar bailout ring
Takes it back to Henry waiting at the door
And as he gives it to him the markets start to sing.

[ Chorus ]

In a couple of years they have refinanced
all our home sweet homes
With a couple of big banks running in the yard
And Hank and Ben sitting on the market throne.

Happy ever after in the market place
Bernanke lets the bankers lend a hand
Henry stays at home and keeps his poker face
And in the evening they both like
to sing out with the band.

[ Chorus ]

In a couple of years they have refinanced
all our home sweet homes
With a couple of big banks running in the yard
With Ben and Hank sitting on the market throne.

Happy ever after in the market place
Benrnanke lets the bankers lend a hand
Henry stays at home and keeps his poker face
And in the evening they both sing out with the band.

[ Chorus: ]
Obladi oblada markets go on bro
Lala how that market life goes on
Obladi Oblada markets go on bro
Lala how that market life goes on.

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