Merle Hazard - Greek Debt Song

Video - Moral Merle Hazard presents Greek Debt...

I agree that it looks stupid, but the song was actually commissioned by and shown on PBS News Hour earlier this Summer during the Greek crisis.  You might be pleasantly surprised.  More inside.

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Lyrics and PBS video are below...

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Background stories:

• Greece Hires Former Goldman Sachs Banker as Debt Chief

• Goldman Sachs Is 'Morally Culpable' for Greek Debt (Video)

• CORRUPT ACROSS THE GLOBE - Goldman Sachs 

• Et Tu London: Goldman Sachs helped Britain hide debt

• Europe freezes out Goldman Sachs

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GREEK DEBT SONG                            

Lyric by Merle Hazard

Melody (“Never on Sunday”) by Manos Hadjidakis (courtesy EMI)

Oh yes, the Greeks gave us Pythagoras, and Euclid, and Plato, and other wondrous stuff

But balancing their national budget, their budget, their budget, apparently is tough

They used derivatives from Goldman, from Goldman, from Goldman, expenses to postpone

And had to go to France and Germany, and Germany, and Germany, to get a bailout loan

They borrowed short, at a lower rate

Like the Wall Street brokers, we have grown to hate

And when the markets, get into a funk

They won't buy your paper, if it's rated "junk"

The budget problem of the Greeks, of the Greeks, of the Greeks, are a European pain

I hope it doesn't spread to Portugal, Portugal, Portugal, Italy or Spain

The ECB and IMF, IMF, IMF, have applied their expertise

To keep the European Union, from crumbling, from crumbling, just like feta cheese

And when the markets, get into a funk

They won't buy your paper, if it's rated "junk"

Some say that Greece may drop the Euro, the Euro, the Euro so their products can compete

And if it still is not enough, not enough, not enough, maybe they can sell off Crete.

And if it still is not enough, not enough, not enough, maybe they can sell off Crete!

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PBS Video - As part of his ongoing reporting on Making Sense for financial news, Paul Solman examines -- with some country and western flair -- how Greece's debt woes began and what's being done to contain the problems from spreading throughout Europe and the world.

Comments

[DailyBail]

http://www.merlehazard.com/Merle_Hazard/GREEK_DEBT_SONG.html

source...

[DailyBail]

Ruling on Behalf of Wall Street's "Super Rich": The Financial End Time has Arrived

by Prof. Michael Hudson

http://www.globalresearch.ca/index.php?context=va&aid=21947

[DailyBail]

The Federal Reserve's Hidden Agenda: Driving the Country into a Second Depression

The Fed Is Saying One Thing But Doing Something Very Different

http://globalresearch.ca/index.php?context=va&aid=22021

[S. Gompers]

"The Federal Reserve's Hidden Agenda: Driving the Country into a Second Depression

The Fed Is Saying One Thing But Doing Something Very Different"



Create the problem to make what you wanted to do all along (the problem) more palatable.