Tuesday, July 21, 2009

A Ponzi Scheme

Be not ye judge, lest you be judged
That wise old saying’s never budged
Yet the government attacked Madoff
For ripping all his clients off
But to others and myself it seems
They run the biggest Ponzi scheme
They collect from Peters to pay Paul
With no chance to repay at all
This scheme in Ponzi purity
We call Social Security


Mdailey
02/11/09

A Ponzi scheme is a fraudulent investment operation that pays returns to investors from their own money or money paid by subsequent investors rather than from profit.

Monday, July 20, 2009

Who Wants to be Paul

You can't legislate poor into freedom
By legislating wealthy to pay
What someone receives for not working
Another must work for all day
The government can't give away something
Without taking it from some other guys
You can't give to Peter without robbing Paul
No matter how hard Congress tries
And when half of the people are thinking
They don't have to work to survive
Because somebody else is out working
And the government always provides
Then the other half gets the idea
That working's not worth it these days
Because somebody else gets the paycheck
And not working is really what pays
And that my friend is where we are heading
The end of the nation - that's all
You can't multiply wealth by dividing
And nobody wants to be Paul


MDailey
03/19/09

To paraphrase Dr. Adrian Rogers, past president of the Southern Baptist Convention …

Tuesday, July 14, 2009

Dear John

I’m writing “Dear John” letters to John Deere
I can’t afford the gas hikes and continue to farm here
So I’m writing “Dear John” letters to John Deere

John, you’re quite the fashion statement in your yellow and your green
You’ve seen me through the good times; you’ve seen me through the lean
You’ve always been there for me as I plowed the field
You deserve the accolades for every yearly yield
But, John, we must part company despite our wondrous past
For, John, you have depleted me, I can’t afford your gas

I thought that this would end it; I thought my thoughts were clear
I thought we would part peacefully; the end was Oh so near
When I wrote this “Dear John” letter to John Deere

But letters can’t convey the heartache that I feel
Through all those years together – the wounds that will not heal
For letters are mere word groups and simply can’t replace
The finality of endings that takes place face to face
So I’m out here with my John Deere, the key within my hand
I turn it, slip out of the seat, and walk away a man

Oh, he’ll find another farmer who can afford his bill
I’ll see him on another farm parked up there on a hill
The yields won’t be as profitable as when we were together
And I’ll think about him often but I know it’s for the better
I’ll have to go back farming as my forefathers did back here
And forget the years together that we had – me and John Deere

Mdailey
06/02/08

Written last year but just as meaningful today as it was back then.

Wednesday, July 1, 2009

Madoff Gets 150 Years

Madoff’s Benz, his boats and trailers
Will be sold, so say his jailers
His Steinway and his silverware
Worth 90 grand’s beyond compare
His houses in Palm Beach they say
Will bring in millions auction day
And that Manhattan penthouse dwelling
The US Marshals will be selling
Coupled with that East End house
Leaves little for his grieving spouse
She gave up claims of 80 mill
But she has millions even still
The Madoff’s forfeit all it seems
That came to them through Ponzi Schemes
But even with all assets sold
He’ll be locked up until he’s old

Mdailey - 6/27/09