We Should Have Known Better!
We-e-e-e-e—- should have known better with the banks like you,
That you would lie about the things that you do,
And you do, hey, hey, hey, and you do !
Oh, oh, we-e-e-e- never realized how bad a bank could be,
To act so irresponsibly.
Can’t you see? See that we….
Come to your rescue with a bailout, yeah
And then you take our homes away, oh
How dare you ask us to be kind,
Because it’s your turn now to pay.
So-o I ——– say breaking up the banks is the thing to do
Or they will only keep hurting you.
They’re untrue, hey, hey, hey, they’re untrue.
We -e-e-e’ve never seen debt like this before,
And we do not need to take on more, Anymore, anymore
We come to your rescue with a bailout, yeah
And then you take our homes away, oh
How dare you ask us to be kind,
Because it’s your turn now to pay.
So-o I ——– say breaking up the banks is the thing to do
Or they will only keep hurting you. They’re untrue,
hey, hey, hey, they’re untrue. They’re untrue……
it’s overdue……. say adieu
Lyrics ©Doug Hendren 2012 Original parody of “I Should Have Known Better” (Lennon-McCartney) TO DOWNLOAD SONG, CLICK HERE
WHAT IS THIS SONG ABOUT? The big banks are not our friends. During the past decade, they strategically dismantled regulations which had served the people and the economy of the United states for over half a century. They went on an extended orgy of risky activity, engagingly chronicled in Michael Lewis’s “The Big Short”, as well as Matt Taibbi’s “Griftopia”. They led us by the nose into the “meltdown” of 2008 and the extended recession that has followed. The central point of this song is that the trillions used to “bail them out” was money ultimately belonging to “We, the People”. Was giving money to the banks the only way to stabilize our tottering financial system? What about getting that money to the banks by way of “little bailouts” to workers or homeowners or students, so they could meet their obligations, and pay their mortgages? Asked differently, if our government extended several trillion dollars to the private banking system, would it not be reasonable to expect some reciprocal forbearance of the banks toward struggling homeowners, and now struggling students with loans? The money extended to bail out the banks, one way or another, originates with the people of our nation. If the banks consider our taxpayers’ money as theirs, and choose to prey upon, rather than serve, the public, then it is time to break them up.
