Forum Post: New Song ~~ Financial Regulation ~~ Feel free!
Posted 13 years ago on Oct. 15, 2011, 8:03 a.m. EST by tomdeedy01
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Song: FINANCIAL REGULATION, original words and music by Tom Deedy; (G-C-D six-string guitar chords)
Financial regulation/ That's what we need/ Get a fat finger/ On politics and greed/ Financial regulation/ Twist the game around/ Spin like a roulette wheel/ Currency's goin down!/
Think you're hot?/ Gonna make some cash/ Bet both ways/ Like Goldman Sachs/
Haul a dumpster/ Of dough for free/ Just like Morgan Stanley/
One trick/ That's hard to do/ Split in two Like Citigroup/
Big fat dollars/ All over the place/ Double down with JP Morgan Chase/
Financial regulation/ Playin that silly game/ Sometimes it's glory/ Mostly it's just pain/ Nothin wrong with profit/ Depends on the expense/ Shuffle your assets/ Your money-maker's spent/
Freddy Mac And Sally Mae/ Had a baby called Rainy day/ No matter how much/ You scrimp and save Rainy day gonna blow you away/
Financial regulation/ What a rotten smell/ Drowned out daily/ By the closing bell/
Financial regulation/ What a lotta fun/ Insiders trading baseball cards/ Of politicians/
Financial regulation/ Just do something, please!/ Treat us like you treat yourself/ That's our policy/
Financial regulation/ That's the way it goes/ The more you save/ The more they steal/ And hope we'll never know/
Financial regulation/ Exactly we need/ No more shell games/ Or dirty rotten schemes/ We'll impose a limit/ On politician’s greed/
Financial regulation/ We don't give a damn/ Now's the time and place/ That we make our stand/ Right here, right now/ We have no choice/ Like it or not/ You will hear our voice!
original lyrics and music by TOM DEEDY 860.447.1998, dtdeedy@snet.net , copyright 2009 by TDeedy.
Great!
How we can easily Reform Wall Street: Take away their powers once again.
"We are here Congress because we want to bring BACK the Glass-Steagall Act of 1933 http://www.investopedia.com/articles/03/071603.asp#axzz1aPEc3wX which saved our country from the Great Depression by preventing banks and insurance companies from merging and becoming large brokerage firms; instead of Banks and Insurance companies--can't we learn a history lesson here Congress? Btw, why did most of you vote for its repeal in 1999? http://www.counterpunch.org/2008/09/19/shattering-the-glass-steagall-act
Think about where we are now, it all started in 1999 with the subprime loans Senator Phil Gramm was peaching on Senate floor. http://www.youtube.com/watch?v=gKQOxr2wBZQ&feature=related
Furthermore, we also want you to CHANGE the Commodities Future Modernization Act of 2000 http://en.wikipedia.org/wiki/Commodity_Futures_Modernization_Act_of_2000 BACK to where it was before 2000, which since has deregulated energy markets and has allowed for such scams as The Enron Loophole; whereas in the early 2000's Enron Corp. was charging 400 bucks plus for a kilowatt hour...They all when to jail for this. But, the Enron loophole is still not closed, for example, allowing speculators to resell barrels of oil over and over again before it reaches the gas station owner. It's basically, legal gambling at our expense. What were those lawmakers thinking then? What are you thinking now? Either do the right think, or you're part of the 1%."
Why are oil prices high? The Enron Loophole
http://www.youtube.com/watch?v=zbdtTGYQBMU&feature=related http://www.youtube.com/watch?v=PNp0y0SjOkY&feature=related
Rolling Stones Reporter: Truth about Goldman Sachs--how they have cornered the markets--basically, The Enron Loophole and the Repeal of Glass-Steagall Act in 1999. http://www.youtube.com/watch?v=waL5UxScgUw