The Financial Crisis That Wouldn't Go Away - Open Mike Eagle

Your boy Alan Greenspan

Does the best that he can

To walk away from this mess with clean hands

He cut interest rates to the floor and shit

Supporting the lending of sub-prime mortgages

To people far too poor to afford the shit

Yeah, on the surface sure it seems great

Giving poor folks a road into real estate

But don’t get comfortable, wait

The payments start to rise its adjustable rate

Lenders flip 'em like they’re hustlin' weight

Sell the debt from your apartment on foreign markets

The predatory mortgage started without the hint of a down payment

Flippin' it sounds dangerous

And greedy investors flippin' promissory notes

On the hopes of future interest when the borrower is broke

This was the housing bubble, now

Hundreds of thousands struggle to fight foreclosure

And moreover the big banks take a spanking

They came from caked up to bankrupt tanking

Institutions the world’s banks depend on

Gone like the companies WorldComm and Enron

Now here comes the crazy part

The feds starts to bail em out days apart

Instead of folding em and scolding em

The US government bank takes control of em

The same folks that insisted to keep the rates low on the interest

And told the banks to go rape folks and pillage and make those millions

Knowing it would fail

Now they slide in low to control em with bail out

They should go under the jailhouse for economic devastating

Calculating lehman, stearnes, and merrils failing

But they’re out para-sailing with Sarah Palin