I got the capitalism blues
|
'Cause we're capitalistic fools
|
And we're lucky if it stops at a recession
|
|
I got the capitalism blues
|
'Cause our capitalistic tools
|
Are leading the world to a depression
|
|
Let's make some giant loans
|
That are too big for the homes
|
And more than the buyer can afford
|
|
We'll give a real low rate
|
Right out of the gate
|
Knowing that next year the rate will soar
|
|
Then we'll get a Wall Street ghoul
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To put it all into a pool
|
And "securitize" it into senior bonds
|
|
And shop at all the doors
|
Of all the rating stores
|
And pick the ratings of which we're most fond
|
|
And we'll get our triple A
|
Even though the bonds won't pay
|
But we'll sell them here and sell more across the pond
|
|
I got the capitalism blues
|
'Cause we're capitalistic fools
|
And we're lucky if it stops at a recession
|
I got the capitalism blues
|
'Cause our capitalistic tools
|
Are leading the world to a depression
|
|
When the mortgage loans default
|
While the short funds all exalt
|
The longs all make a very different sound
|
|
Because they bought with leverage
|
And when the prices start to hemorrhage
|
The walls around them all start falling down
|
|
And as collateral prices fall
|
They all get a margin call
|
And have to dump their bonds at the same time
|
|
Because everybody's got 'em
|
And no one sees a bottom
|
Buyers are impossible to find
|
|
[Chorus]
|
|
Lending disappears
|
Due to balance sheet fears
|
And the Fed and Paulson don't know what to do
|
|
They even make worse
|
'Cause even with their giant purse
|
It's clear that they haven't got a clue
|
|
Our stocks and bonds all plummet
|
A long way from their summit
|
Leaving us with nothing left to spend
|
|
And as companies don't survive
|
We watch unemployment rise
|
And we still don't know when it all will end
|
|
[Chorus]
|
|
-----------------
|
The Capitalism Blues
|
| Loudon Wainwright III |
