I still remember the commercials
about less paperwork for mortgages,
no proof of income required.

Greenspan heard them too, but he
implied the housing bubble was just
effervescence – a little local fizz.

Instead of asking the foxes to fix
the hen house door we should move
the hens to a better neighborhood.

Government shouldn’t bail out banks,
in the hope they will make needed loans,
they should make the loans directly.

Since they aren’t trained bankers,
they will probably save enough tax money
to finance the auto industry’s retooling.

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