Today, while I was shopping, I overheard a conversation between two young shoppers, a man and a woman. After they greeted each other, the man said, “I just got laid off last week. That s**ked”. The woman responded, “I’m sorry to hear that. I understand that there will be another wave of layoffs announced on Monday.” That was terrible news to hear.
Congress had no problem handing out $700 billion to Wall Street so that banks could free up credit. Then before heading home to spend the holidays with their families, the Republicans turned their backs on workers and refused to grant a loan to the American automobile industry. As a result, many other industries will face layoffs because they do business with the “Big 3 Auto Makers”. This is known as “trickle down disaster”. If the banks that received the bailout opened up the credit market like they were suppose to do, American car makers may not have needed to go begging to Congress. Instead, the banks are hoarding this money which is causing our economy to come to a screeching halt. It is bad everywhere except for the fat cat Congressmen that aren’t a bit worried about the economy because they will be getting a raise when they return in January. As for the rest of us, well, we can eat cake and take drugs that numb our senses.
Here’s a parody that may help put a smile on our faces authored by that man of many talents, Breezy.
God Rest ye Merry Gentleman
God rest ye bankers one and all
Let nothing you dismay.
For George Bush your sav-i-or
Is giving cash away
With no strings attached to it
Wall Street will shout Hooray!
Oh… tidings of billions of bucks
you’re outa luck
Oh… tidings of billions of bucks.
Now ’tis the time to celebrate
For we’ll still get our bonus.
Bad loans we needn’t contemplate
Now that the gov’ment owns us.
Without creating one new job
We’ve had it all our way.
Oh… tidings of billions of bucks
it’s not enough
Oh… tidings of billions of bucks.
Do to job insecurity and the credit crunch, Santa may not be bringing many gifts this year so Santa thought we might all appreciate hearing him play the guitar.
Organizing for Change 
3 replies on “God Rest ye Bankers…”
Cats – I’m loving your site’s festive dress!
The economy really stinks right now. I have spent the last 3 weeks renegotiating just about every deal I’ve made over the past 2 years.
I’ve been calling companies and many high level executives have been fired and entire departments have been let go – it’s really bad.
It’s very sad and depressing and we probbaly haven’t seen the worst as yet.
I heard a report on Friday that Funeral Homes are doing bad as well since people can no longer afford full burials so they are opting to cremate instead.
I’ve also heard that spas and nail salons are going out of business because people just cannot afford luxuries anymore. Very sad.
Paulette – It’s been tough on my business, too. Fortunately, I’m able to offer pain management as part of my services so I have some regulars who come either monthly or bi-weekly.
Bloomberg has something interesting to say about the auto industry.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aq2JHRpdTeW8&refer=worldwide
Also, Buzzflash remarks that Southerners love their GM, Ford and Chrysler trucks and SUVs and will only become aware of the lost value of their trucks and SUV when the Big Three fold because of their Senators.