Bankers or Bookies? The Corporate Thievery of Golddigger Sachs

Goldman Sachs executives were grilled during Senate hearings last week. Senators asked why Goldman had sold investments that its own sales team had disparaged with a vulgarity. The Boston Globe reports,

The senators tried to put a human face on the questioning. Senator John Ensign, Republican of Nevada, said more transparency is needed “so we don’t end up hurting the little guys out there on Main Street.’’

and,

In what almost added up to a light moment, Senator Mark L. Pryor, Democrat of Arkansas, said people want to know what went wrong and “how we can fix it,’’ adding that Americans feel Wall Street contributed to the financial crisis. “Instead of Wall Street, it looks like Las Vegas.’’

and,

David A. Viniar, the CFO prompted a collective gasp when Carl Levin asked him how he felt when he learned Goldman employees had used vulgar terms to describe the poor quality of certain Goldman deals. Viniar replied: “I think that’s very unfortunate to have on e-mail.’’ Levin then berated Viniar for not saying that he was appalled that Goldman employees even thought their deals were of poor quality. Viniar later apologized.

The question is, why are the Republicans protecting these banks by initially refusing to open debate on financial reform legislation and now trying to water down the bill?

Please remember to click on the song link below to familiarize yourselves with the tune and to have more fun singing along with today’s song parody.

Catch Me Now I’m Falling song link: http://www.youtube.com/watch?v=be_BeqiDigo

CORPORATE BARONS CALLING

(sung to the Kinks song “Catch Me Now I’m Falling”)

We remember your little town
How it needed a helping hand
We came to feed you but now when we need you
financial reform is your plan

Now we’re calling Republicans that rule over our world
This is Corporate America calling
We took your bailouts and then we increased your fees
So, on reform please keep on stalling (stalling)

Help us now we’re calling you
Please just keep on stalling
It’s in your hands, its up to you
Profits might be falling

We remember your little towns
And their tiny storefront vacancies
First we connived you and then we denied you
Of returns on which you must feed

Now we’re calling Republicans that rule over our world
This is Corporate America calling (calling)
Please don’t make us break every one of your knees
You would rather walk than be crawling (crawling)

Help us now we’re calling you
Profits might be falling
We need obstructive help from you
Please, just keep on stalling

Plain folks are broke and down on their knees
Now you can help us keep them down
We have paid you off to sit upon your throne
Now you must return the favor in a hurry, you best not let us down

This is Corporate America calling
This is Corporate America calling

Help us now we’re calling you
Profits might be falling
You don’t want us to turn on you
So, just keep on stalling

Corporate barons calling
Republicans stalling
Corporate barons calling
Republicans stalling

We denied you through all of your recessions
And we spit on you when you were down
We search overseas for our employees
We fill our coffers while our poor employees’ wages
Get shipped right out of town

This is Corporate America calling
This is Corporate America calling

Corporate barons calling
Republicans stalling

Corporate America deserves more clout
Because recessions cause us difficulties
Republicans will never let us down
Because their just like us and they realize we do what we please

Now we’re calling Republicans that rule over our world
This is Corporate America calling
Just bail us out or do we have to say,”please”?
We must stop our profits from falling

Corporate barons calling
Republicans stalling
Corporate barons calling
Republicans stalling

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Posted on May 1, 2010, in Songs, Uncategorized and tagged , , , . Bookmark the permalink. 5 Comments.

  1. Corporate money vs We the People

    “Unless your business model depends on bilking people, there’s little to fear from these new rules”: President Obama in a speech to Wall St. insiders.

    There’s no doubt that Wall Street bankers, left to their own devices, will eventually precipitate another financial crisis followed by more taxpayer bailouts. Unfortunately, these Republican fat cats make a fortune both ways.

    The GOP are satisfied they successfully convinced the country folk that Bush and the Democrats were responsible for bailing out the rich, greedy bankers, so why should they alienate their corporate donors? Elections cost money!

    Besides, anyone can see that regulations and oversight are bad.

    • BigPete, that clip was totally hilarious!

      Lynnrockets, glad you addressed this topic. These lines capture the essence of Corp America:

      We search overseas for our employees
      We fill our coffers while our poor employees’ wages
      Get shipped right out of town This is Corporate America calling

      Bravo–I hope this gets wider distribution.

  2. “A great vampire squid wrapped around the face of humanity”

    The Feds vs. Goldman
    The government’s case against Goldman Sachs barely begins to target the depths of Wall Street’s criminal sleaze.

    http://www.rollingstone.com/politics/news/;kw=%5B3351,136554%5D

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