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Funny Money Friday: Suprime Song
Money doesn&39;t have to be boring! Each week, CreditBloggers.com takes a look at the lighter side of the personal finance world in a series called Funny Money Friday.
Still feeling bad about the credit crunch? You&39;re not alone. The Fed rate cut last week has made things a little more stable but investors seem to be waiting to see if they&39;re willing to go even lower with their next announcement in October before making a move.
One economic consultant has gone so far to compose a song about the current woes. With no further ado, here&39;s his lyrics set to John Lennon&39;s Imagine:
Imagine There&39;s No Subprime
Imagine there&39;s no subprime,
It isn&39;t hard to do.
No Alt-A either, all documentation true.
Imagine all the people, living affordably.
Imagine there&39;s no Countrywide,
It isn&39;t hard to do.
No Angelo Mozilo, no rating agencies, too.
Imagine all the people, living life in peace.
You may say I&39;m a dreamer,
But I&39;m not like Option One.
New Century is now an old one,
And Ameriquest is done.
Imagine no repossessions,
I wonder if you can.
No rates to reset, repayment penalties banned.
Imagine all the people, sleeping well at night.
You may say I&39;m a dreamer,
Or that I&39;ve just got an Itch.
But Moody&39;s and S.& P. look pretty bad,
Except compared to Fitch."
Authored by Thomas Lawler of Lawler Economic and Housing Consultants. Have a great weekend!
Emily Davidson – Credit.com&39;s Communication Director and former TransUnion credit expert. Emily writes about credit reports, credit cards, loans and personal finance as the CreditBloggers.com moderator.
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