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The Gershwins writing for the fed? Fascinating!

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Rick Horowitz
November 12, 2010

Quantitative easing,


Economy is slow,


Quantitative easing,


We need a booster.





Print a lot of money


So commerce starts to flow,


Suddenly it's sunny,


And we're the rooster.





Six hundred billion's plenty to spend,


(Bonds to buy and quit your cryin',)


To make those banks more willing to lend.





(Don't fret if...)





You don't understand it—


It's complicated stuff—


Deficits demand it,


Though Germans holler.





There's no hanky-panky,


It's time for hangin' tough,


Only Ben Bernanke,


Can save the dollar.





Oh, how we need a rescue plan,


So hear our plea:


Quantitative easing,


Keep easin' us through the debris!





Quantitative easing,


We're running out of tools,


Interest rates have fallen,


They're nearly zero.





Don't believe the carping


From scaredy-cats and fools,


Just ignore the harping,


You'll be a hero.





The voters say, "We're feeling bereft!"


(Mad and whiny, porcupine-y)


And now the Fed's the only one left.





(In theory.)





Not a time for panic,


We're standing on the brink,


Markets going manic—


We gotta juice 'em.





Now we make it happen,


It's either swim or sink,


Ev'ryone's been nappin'—


It's time to goose 'em.





Oh, what a chance to fix it all,


Just wait and see,


Quantitative easing,


You better start easing for me!





Rick Horowitz is a syndicated columnist. You can write to him at rickhoro@execpc.com.

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