Bernanke Errs
![[fed funds 2%]](http://s.wsj.net/public/resources/images/OB-BJ252_10pt_f_20080430113907.gif)
Wall St.’s Turmoil Sends Stocks Reeling
miscalculations cranky.
reduces rates for yankee.
With economics wanky
Wall Street, once brash, sleek, swanky,
sees bonuses asea.
.
Bearded wonders lanky
are sure to break the bank we
must turn towards with 'thank ye !'
for subprime loans now manky
with whose rates few agree.
.
Thus Freddy Mac and Fanny
Mae may be acting whacky,
Fed window back-to-backy
is looking all too tacky
bankrupting Indymacky.
Priority economy
lacks credibility,
miracle monopoly
needs crisis therapy.
.
We'll pull out white flag hanky,
illusions sank, at sea, see
who can blind eye turn when we
are mortgaged to the Chinee ?
Stagflation's crack-a-jack fee
recession may accompany.
.
Crude oil's crude swings defy glee
as floods drown Missisippi,
dykes down, levées leave débris
demand outstrips supplies - see
consumer sighs, price steep be,
dollar's demise spells double jeopardy.
.
Greenback to front has tanked, free
trade turns raid, quite frankly
draws blank check drawing blank we
could do without, smells rankly
.
Greenberg has said how sadly
he sees recession badly
affecting those who madlysee withdrawn guarantee
for Lehmann, A.I.G.
and WaMu we'll soon see
like Merrill lynched to be
blind alley bye-line history.
.
Said burning Bush "I ran ! flee !
I wreck but little reck, ah me !
I rack but fear attack flea
awaiting verdict to be
dispensed by Lethe history.
.
Autonomy's in Cheney,
and Rove-in-I's been sacked key
official rats jump boat, knee
begin to bend with lackey,
bushwhacked by rank malarkey.
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