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Story behind the song
Treasury Secretary, Henry Paulson's public persona (and his handling of the TARP) is just too good to pass up.
Lyrics
There was Citicorp, Morgan, AIG and WaMu.
Freddie and Fannie, big checks were made out to.
‘Mong those from the Street of Wall
He kept the loosest purse strings of all.
Paulson the Dough-man,
Takes the TARP cash and he doles
Out to Goldman Sachs
Where policies were lax
Never mind taxpayer’s polls.
.
Paulson the Doughman
Enunciation disarray.
He just hems and haws
Prays the credit thaws
Change his mind most evryday.
We hope it won’t turn tragic with taxpayers funds abound
So blow another trillion, Hank, while we wait for a rebound.
Paulson the Dough-Man
He hoped Main Street’d be okay
Thought the money’d flow, but
“what do you know”?
Banks squirreled it all away.
Stumpitystumpstump,
Pitch his plan where‘ver he go.
Stumpitystumpstump
George W’s hero.
Paulson The Doughman
On The Hill he got his way.
Didn’t think to thank,
Even Barney Frank
Hank’s a self-proclaimed Sensei.
Due to the pillage,
Kept his checkbook in his hand,
Thanks to ‘ol Chris Cox and
depressed stocks
At his whim, he’d change The Plan.
.
Congress gave the leeway so he’d be thee lone TARP cop.
But not until the Big Three asked,
Did his spending ever stop.
Paulson the DoughMan
And the TARP funds he holds sway
Soon he’ll wave goodbye,
Admit he went awry
On Inauguration Day.
Pumpitypumppump, Pumpitypumppump
Make liquidity grow.
Barefaced he let it flow.
