What Was Greenspan Watching?
MSNBC?

If Greenspan was the watchdog,
    how could bankers buy his bark?
How could Angelo Mozilo
    sell the public Noah's Ark?

Capacity was limited.
    It couldn't hold us all.
And when Angie raised the fares,
    who had the wherewithal?

Only Greenspan and the pols
    their rapacious bankers bought,
Quite convinced that only they
    deserved the spoils they got.

But selling out remains one thing
    we're sure the Congress does
And Greenspan, the Fed regulator,
    was supposed to be the fuzz.

The fuzz that was protecting us
    from charlatans engaging
In deceptions like the ones that keep
    his lovely wife from aging.

For he's never seen a wrinkle,
    Nor a credit default swap,
Sheltered in his aerie,
    convinced bull markets never stop.

And that the beauty to whom he's married,
    still is thirty-nine.
So when she hid his mirrors,
    he was sure that all was fine…

Was it Botox or a facelift
    that led Greenspan astray?
You'll have to ask her doctor,
    Blankfein, M.D., MBA.

Bob Carlson
www.politicalboondoggles.com
9/28/09

To 'Alan Greenspan'
To 'Politicians for Sale'
To 'Watchdog Fed Didn't Bother Barking'