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Frank Koerner

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Money In The Bank
by Frank Koerner → (All Poetry by Frank Koerner)
   Rated "G" by the Author.
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There was a time when banks would entice customers to open accounts with them by offering small electronic appliances, such as TV sets and toasters, as gifts for their new customers. Now the banks and money management institutions increasingly need our direct financial help via Federal loans to bail them out of investment debacles, that border on criminal or, at least, make one wonder, “What were they thinking? These people are supposedly the experts in money management matters.” Why are we (the people) bailing out these folks? Why are we rewarding incompetence? …or is that what suckers are supposed to do?


***************************************

Years ago, they had bragged, much like the town boaster,

"If you will give us your money, we will give you a toaster.

This outfit is substantial.  It is no will-of-the-wisp.

Your money? We'll return it with a profit ever crisp."

 

So they gladly took our money and some then literally ran

To the nearest, below prime mortgagor or entrepreneurial scam.

"No matter what we do, our investments are all backed

By federal funds. In our favor….the decks are nicely stacked."

 

Now that so many owners, did their resources hurt and maim,

The public's got to help the banks.  For us they'd do the same.

For if we missed some payments with our finances in the tank,

Wouldn’t our banker guys simply get us bucks from another bank?

 

The Congress is the agent to effect a bail-out scheme

And our own taxes make us unwilling players on the team.

To solve a unique problem, we will need an approach quite novel,

And someone to write that book; to stave off a poorhouse grovel.

 

What we really need to do is discover criminal activity

On the part of money managers, who had a certain proclivity

For bad investments. Put them in jail, if needed, and then we can

Straighten out the mess they left…..with our own economic plan.

 

To every hundredth person, who at WalMart buys a toaster,

Toss in a bankrupt mortgage firm; one that's troubled. And most are.

It is likely that such a person, entirely picked at random

Would do no worse than "pros", whose ineptness in jail should land 'em.

 

 Copyright © 2008 by Frank Koerner  


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 Reviews of "Money In The Bank"
Reviewed by Edwin Hurdle
Reviewed on October 11, 2008
Your poems speaks the truths.I wish those AIG's CEO would spend the rest of their lives in jail.It is mind-boggling and disgusting that they would spend our taxpayer's money on lavish spas,hotel rooms,etc.

Edwin

Reviewed by Debashish Haar
Reviewed on October 11, 2008
The world has seen extremities as far as the banking and finance system is concerned. The deregulation has no doubt have a huge part to play in this meltdown, but the whole behemoth was created out of the same deregulation one shouldn't forget!


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