Monday, September 15, 2008

DEEEEE- REGULATION!


Bloggers (Daily Howl, Chancellors New Clothes) have compared Wendy Kopp, Michelle Rhee, BloomKlein, Sharpton, all the EEPs and other education reform flim flam men and women with "The Music Man's" Harold Hill.

But they all pale in comparison to the man who eagerly signed on to their phony ed reform: Republican presidential candidate and likely next co-president of the United States, John McCain.

You see, according to McCain, the major problem in this country is too much regulation and he promises to DEEEEEEE-REGULATE. The poor financial institutions have been so limited by all that regulation, that they have not been able to make even worse loans. The American and world financial world is in meltdown because they don't have enough freedom.

Remember the good old days of the 1920's when they could do anything they wanted. When investment companies and banks intermingled and all sorts of abuses led to the dreaded D word. And I don't mean DEEEEEEE-REGULATION!

Now I was a history major and we actually studied the D-word. We learned there would never be another D-word because the banking industry was now REGULATED. Remember Glass-Steagall?

Established 1933- a very good year - and repealed 1999. Remmber the president who signed that repeal? He wasn't named Bush.

The poor dears in the banking industry joined the oil and other corporate powers and bought both parties. But McCain feels they still need more DEEEEEEEEEEE-REGULATION!

So today, we salute the American political world with a few words from Harold Hill with a few minor changes.

It starts with a capital D
And that rhymes with P
And that stands for "POOR"

Well, either you're closing your eyes
To a situation you do now wish to acknowledge
Or you are not aware of the caliber of disaster indicated
By the presence of a Palin in your community.

Ya got trouble, my friend, right here,
I say, trouble right here in D.C. City.

And it starts with T
And that rhymes with P
And that stands for PALIN

Oh, we've got trouble.
We're in terrible, terrible trouble.

Original lyrics here.

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