Some New
Market Limericks
Though for most of us things seem much dimmer
In Washington they see a glimmer
Getting us to feel good
In the 'hood like we should
Keeps social unrest on low simmer.
***
For awhile new investment in banks
Was something done only by cranks
'Til Sam made it clear
Bank losses he'd bear
With bailouts that stopped banking tanks.
***
Credit card issuers play the pig
With a system they took pains to rig
Higher rates and new fees
These trough feeders please
As they endlessly jack up the vig.
***
Outsiders may think there's some onus
In getting a huge Wall Street bonus
But the getters can bear it
Indeed they don't fear it
They laugh: "Let 'em verbally stone us."
***
While economists have been devising
Theories that things are now stabilizing
Job numbers ain't growing
Foreclosures keep flowing
So I find this thinking surprising.
***
For months bonds low rated pure junk
Traded like the proverbial skunk
Still to earn high return
Traders now caution spurn
And again pretend junk's a slam dunk.
*****
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