Thursday, December 25, 2008

The Night Before Christmas

'Twas the night before Christmas, and in his cold bed
Alan Greenspan was groaning and shaking his head
For a ghost was abroad on that cold winter's night --
I was John Maynard Keynes, howling, "See" I was right!
"I was right! I was right! I was right all along!
"You believed Milton Friedman, but Friedman was wrong!"

"Enough," shouted Greenspan, "why can't you have pity?
"I admitted my fault to a Senate committee
"But old Milton Friedman died happy and smug
"Before unbounded greediness pulled out the rug.
"They had plenty of pork, but they took the whole hog, oh
"A curse be upon that damned U. of Chicago!"

So Keynes went to the Senate to try some soul saving
But Corker and Chambliss were ranting and raving,
And Bunning and Enzi and Cornyn and Thune
And Ensign and Inhofe all sang the same tune,
And Keynes said, oh Lord, I just can't take the drama,
Forget all these fools, I'll just talk to Obama.

And Obama sat silently, listening to Keynes,
Looking down at the hands that would soon hold the reins.
Keynes said, "Time to ignore what the financiers like,
"Time to get rid of Rubin and listen to Reich,
"Yes, it's time for a change, but a change that is real,
"Yes, the time has arrived for a new New Deal."

And Obama sat silently, cards to his chest,
Then said, "I'll endeavor to do what is best."
"Spend money," said Keynes, "spend a trillion! Spend two!
"They'll just call you a socialist whatever you do!"
Keynes had one more remark as he faded from sight,
"The whole world is praying that you get it right."

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