The Capitalism Blues
Loudon Wainwright III

I got the capitalism blues

'Cause we're capitalistic fools

And we're lucky if it stops at a recession


I got the capitalism blues

'Cause our capitalistic tools

Are leading the world to a depression


Let's make some giant loans

That are too big for the homes

And more than the buyer can afford


We'll give a real low rate

Right out of the gate

Knowing that next year the rate will soar


Then we'll get a Wall Street ghoul

To put it all into a pool

And securitize it into senior bonds


And shop at all the doors

Of all the rating stores

And pick the ratings of which we're most fond


And we'll get our triple A

Even though the bonds won't pay

But we'll sell them here and sell more across the pond


I got the capitalism blues

'Cause we're capitalistic fools

And we're lucky if it stops at a recession


I got the capitalism blues

'Cause our capitalistic tools

Are leading the world to a depression


When the mortgage loans default

While the short funds all exalt

The longs all make a very different sound


Because they bought with leverage

And when the prices start to hemorrhage

The walls around them all start falling down


And as collateral prices fall

They all get a margin call

And have to dump their bonds at the same time


Because everybody's got 'em

And no one sees a bottom

Buyers are impossible to find


[Chorus:]


Lending disappears

Due to balance sheet fears

And the Fed and Paulson don't know what to do


They even make worse

'Cause even with their giant purse

It's clear that they haven't got a clue


Our stocks and bonds all plummet

A long way from their summit

Leaving us with nothing left to spend


And as companies don't survive

We watch unemployment rise

And we still don't know when it all will end


[Chorus:]


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Lyrics by Loudon Wainwright III

  1994   4 X 10   A.M. World   Absence Makes The Heart Grow Fonder   Bein’ A Dad   Between   Bill Mason’s Bride   Breakfast In Bed   Career Moves   Carrickfergus   Christmas Morning   Cobwebs   Come A Long Way   Conspiracies   Date Line   Dead Skunk   Doctor   Double Lifetime   Dreaming   East Indian Princess   Father / Daughter Dialogue   Five Years Old   Graveyard   Grown Man   Guru   Hank And Fred   Hard Day On The Planet   High Wide & Handsome   High Wide & Handsome   Homeless   Hospital Lady   I Am the Way (New York Town)   I Remember Sex   I Wish I Was A Lesbian   I'd Rather Be Lonely   I'm Alright   I'd Rather Be Lonely   I'm Alright   In C [Explicit]   Inaugural Blues   Kick In The Head   Last Man On Earth   Living Alone   Lullaby   Lullaby   Men   Missing You   Motel Blues   Mr. Ambivalent   Mr. Guilty   Muse Blues   My Meds [Explicit]   New Paint   Nocturnal Stumblebutt   Not John   Number One   Ode To A Pittsburgh   OGM (Out Going Message)   Older Than My Old Man Now   One Man Guy   Our Own War   Over the Hill   Passion Play   Plane Too   Pretty Good Day   Pretty Little Martha   Rowena   Samson & The Warden   Samson & The Warden   Say That You Love Me   School Days   So Damn Happy   So Many Songs   So Much To Do   Sometimes I Forget   Strange Weirdos   Suddenly It's Christmas   Suddenly It's Christmas   Surviving Twin   Sweet Sunny South   Swimming Song   Synchronicity   T.S.M.N.W.A.   Talking New Bob Dylan   Thanksgiving   The [Untitled]   The Days That We Die   The Drinking Song   The Grammy Song   The Here & the Now   The Man Who Couldn't Cry   The Man Who Couldn't Cry   The Picture   Therapy   Tip That Waitress   Tonya’s Twirls   Turkish Revelry   Unhappy Anniversary   Unrequited To The Nth Degree   Uptown   Valley Morning   Westchester County   What Gives   When I'm At Your House   When I'm At Your House   White Winos   X Or Y   Y2K   You Can't Fail Me Now   You Never Phone   Your Mother & I   Your Mother & I

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