A Black Swan is defined as an event no one saw coming, and many described the events of 2008 and 2009 as a Black Swans. But they were not Black Swans, they were White Swans, for quite a few people saw where the criminal gang running Fannie Mae and Freddie Mac were taking us. Saw what was happening and brought it forcefully to the attention of Congress, where guys like Barney Frank and the rest of the Democrats brushed off the evidence and proclaimed all was well, that giving mortgages to people with no reasonable expectation of paying them was a reasonable thing to do, and for the Democrats it was a reasonable thing to do, for the people getting those mortgages were an integral part of the Democratic base, and could be relied upon to vote Democrat so long as they were fed other peoples’ money in a never ending stream. Now if the black swans and the white swans could get together, maybe we’d have a chance of getting out of this mess. But don’t hold your breath.
Prince Barack, with some handsome friends
In Bretton Woods go hunting
When magically the woodlot ends
To show a lake not wanting
In beauty, filled with pure white swans
Once maidens, now bewitcheth
By Fannie Mae and other cons
Whose nostrums they did pitcheth
Good Prince Barack, now deep in love
With Odette, swan and comely
Cried in despair to gods above
Why is Odile so homely
Odette said that the spell were gone
If Barack loved her fiercely
And if he cried on White House lawn
With face all streaming tearsly
That debt and earmarks and the like
Were now and ever done with
And did he not she’d take a hike
He’d not have her for fun with
And so he did and all the swans
Were unbewitched and praised him
And swore that no more magic wands
Would harm the ones who raised him
With crisis passed the whole great gang
Of mankind cried Hosannas
And white and black the swans all sang
Yes, we have no bananas
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