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Arlo Guthrie LIVE: I'm Changing My Name To Fannie Mae


Performed at Farm Aid


Ralph Nader on cutting corporate welfare:

"Corporate welfare-the enormous and myriad subsidies, bailouts, giveaways, tax loopholes, debt revocations, loan guarantees, discounted insurance and other benefits conferred by government on business-is a function of political corruption. Corporate welfare programs siphon funds from appropriate public investments, subsidize companies ripping minerals from federal lands, enable pharmaceutical companies to gouge consumers, perpetuate anti-competitive oligopolistic markets, injure our national security, and weaken our democracy."


Lyrics by Tom Paxton

Oh the price of gold is rising out of sight
And the dollar is in sorry shape tonight
What the dollar used to get us now won’t buy a head of lettuce
No the economic forecast isn’t right
But amidst the clouds I spot a shining ray
I can even glimpse a new and better way
And I’ve devised a plan of action worked it down to the last fraction
And I’m going into action here today

I am changing my name to Fannie Mae
I am going down to Washington D.C.
I’ll be glad they got my back
‘Cause what they did for Freddie Mac
Will be perfectly acceptable to me
I am changing my name to Fannie Mae
I am headed for that great receiving line
So when they hand a trillion grand out
I’ll be standing with my hand out
I’ll get mine

When my creditors are screaming for their dough
I’ll be proud to tell them all where they can go
They won’t have to scream and holler
They’ll be paid to the last dollar
Where the endless streams of money seem to flow
I’ll be glad to tell them all what they can do
It’s a matter of a simple form or two
It’s not just remuneration it’s a liberal education
Ain’t you kind of glad that I’m in debt to you


Since the first amphibians crawled out of the slime (of the slime!)
We’ve been struggling in an unrelenting climb
We were hardly up and walking before money started talking
And it’s sad that failure is an awful crime
It’s been that way for a millennium or two
But now it seems that there’s a different point of view
If you’re a corporate titanic and your failure is gigantic
Down in Congress there’s a safety net for you


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Reader Comments (23)

Hey Daily Bailers...check this out. Live on Sunday 1:00 PM EST.

Bail Out Movie - Let's see How Everything Ended...or Started


"My guest will be John Titus, the producer of the documentary film "Bailout".

"Fed up with corrupt "bail-out" banks five Chicagoans drive to Vegas with stacks of cash to give themselves a long-overdue bailout of their own! Along the way the discover first hand how hard the foreclosure crisis is on American people."

(The program will be archived, so you can listen anytime)
Feb 16, 2013 at 11:41 AM | Unregistered Commenterchunga

Are you doing the interview?
Feb 16, 2013 at 12:49 PM | Registered CommenterDailyBail
Hi DB, nope not me. It's a very interesting young lady named Senka who immigrated to the US from Bosnia (I think it's Bosnia...somewhere near there)
Feb 16, 2013 at 1:09 PM | Unregistered Commenterchunga
DB, Chunga is having a little trouble responding in comments, so I will relay this from an e-mail I had just received from him.

Hey John, nope it won't be me doing the interview. The girl's name is Senka
and she immigrated here from eastern Europe (Bosnia? I can't remember). She
really is an interesting gal (she's seen a lot and now loves America) so the
show should be fun. I responded to Steve but my comment must be jammed or
something. I also forwarded the link to Senka so maybe she'll pop in and
respond. She's had George Babcock, Will Galison, and a few other cool guest.
Glenn Russell going on soon too. Maybe Steve will even pick it up...not
Feb 16, 2013 at 2:22 PM | Unregistered Commenterjohn
Thx john. His comment was caught in the spam system but it's posted now.
Feb 16, 2013 at 2:48 PM | Registered CommenterDailyBail
That's where most of my comments belong...in the junk bin. ;-)
Feb 16, 2013 at 3:16 PM | Unregistered Commenterchunga
Chunga, you just made my day and I'll be your friend forever, just because you said this "a very interesting young lady" :)

I hope that you will be able to join us tomorrow or share the link with others. John and I will be discussing also the latest settlement - this time with LPS and how to respond to all of this injustice.

I've started my blogtalk radio program (Foreclosure Fraud and Its Survivors) in October of 2012 and was able to gain the audience nationwide. People are sharing their stories, and I also have lawyers and other players who are familiar with the impact that this financial fraud has on our lives. The most important aspect of this weekly program is that many can realize that they're not alone in this mess and that there are people/their friends out there ready to listen and help...
Feb 17, 2013 at 12:01 AM | Unregistered CommenterSenka
The Senka sensation is sweeping the nation. I'm going to call in and sing this time. LOL!
Feb 17, 2013 at 8:44 AM | Unregistered Commenterchunga
and this time I have many witnesses here - so you can't escape :)
Feb 17, 2013 at 9:24 AM | Unregistered CommenterSenka
"Oh Fannie Mae" A Doo-Occupy Re-Write ode to good love gone bad:
Feb 17, 2013 at 10:51 AM | Unregistered Commenterbackbonebill
Excellent program. John was a big hit.
Feb 17, 2013 at 2:09 PM | Unregistered Commenterchunga
Chunga, will the program be replayed at all?
Feb 17, 2013 at 2:20 PM | Unregistered CommenterSKINFLINT
Hi SKINFLINT, yup, all the programs are archived: http://www.blogtalkradio.com/senkalive
Feb 17, 2013 at 2:37 PM | Unregistered Commenterchunga
I'm getting so many emails - the people have spoken and they want John back :)
Feb 17, 2013 at 5:09 PM | Unregistered CommenterSenka
Thanks. Will try to listen this evening.
Feb 17, 2013 at 6:13 PM | Unregistered CommenterSKINFLINT
Great show Senka! Look forward to more.

john (I am not the gentleman you interviewed).
Feb 17, 2013 at 6:13 PM | Unregistered Commenterjohn
Here's Senka's show from earlier today. She was gracious enough to have me on...


Many thanks to chunga for setting this up.
Feb 17, 2013 at 8:20 PM | Registered CommenterCheyenne
Nice job Senka and Cheyenne. Lots of ground covered and good info. Thanks.
Feb 17, 2013 at 8:26 PM | Unregistered CommenterSKINFLINT
Thank you so much for you nice comments! You give me strength and inspiration to go on...there are many who feel left alone in this, and we're here to lead the way, to show that we're not alone...
Feb 17, 2013 at 9:44 PM | Unregistered CommenterSenka
I love listening to Senka LIVE. She has had some very knowledgeable FC Fighters & Lawyers educating the masses from this despicable Fraud upon Americans. TY again Senka
Feb 18, 2013 at 4:53 PM | Unregistered CommenterAce
FYI...Ace is a good friend of mine folks. Known him for a long time. Welcome to Daily Bail Ace-man.
Feb 18, 2013 at 6:27 PM | Unregistered Commenterchunga
Thanks Chunga
Feb 19, 2013 at 1:17 PM | Unregistered CommenterAce
thank you for sharing this to me is very interesting....
Jul 17, 2014 at 3:12 AM | Unregistered Commenterpeluang usaha kecil sampingan

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