Berton Braley on the Bailout

 Posted by on 2 October 2008 at 11:00 am  Economics, Finance, Poetry, Politics
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Berton Braley was a very popular early 20th century poet; his writings often extolled the virtues of capitalism, industry, success, and the like. Here’s a particularly apt poem, sent to me by Boaz Arad:

The Profits and Loss
By Berton Braley

From New Deal Ditties: or, Running in the Red with Roosevelt, 1936

When “planned economy” first began
It looked like a swell “idea” –
Until we learned it had no plan
And wasn’t economee.

For the taxes rise and the budget’s shot
And the New Deal costs are met
By spending money we haven’t got
For things that we never get.

The Billions roll in mighty stream,
A regular tidal flood,
With the net result that each spending scheme
Bogs down in a sea of mud.

When plans and programs go all to pot
Do the New Deal planners fret?
Why no, they think up a brand new lot
Of schemes to spend what we haven’t got
For things we will never get!

The House is scheduled to vote on this new bailout plan on Friday. It might well pass this time, in part due to all the special-interest pork added to the bill. (UGH!) Please tell your representative that you still oppose the bailout. You might wish to mention that your vote in November will be influenced by their vote tomorrow.

Suffusion theme by Sayontan Sinha