Funny Money Friday: Suprime Song

Money doesn't have to be boring! Each week, CreditBloggers.com takes a look at the lighter side of the personal finance world in a series called Funny Money Friday.

Still feeling bad about the credit crunch? You're not alone. The Fed rate cut last week has made things a little more stable but investors seem to be waiting to see if they're willing to go even lower with their next announcement in October before making a move.

One economic consultant has gone so far to compose a song about the current woes. With no further ado, here's his lyrics set to John Lennon's Imagine:

Imagine There's No Subprime

Imagine there's no subprime,
It isn't hard to do.
No Alt-A either, all documentation true.
Imagine all the people, living affordably.

Imagine there's no Countrywide,
It isn't hard to do.
No Angelo Mozilo, no rating agencies, too.
Imagine all the people, living life in peace.

You may say I'm a dreamer,
But I'm not like Option One.
New Century is now an old one,
And Ameriquest is done.

Imagine no repossessions,
I wonder if you can.
No rates to reset, repayment penalties banned.
Imagine all the people, sleeping well at night.

You may say I'm a dreamer,
Or that I've just got an Itch.
But Moody's and S.& P. look pretty bad,
Except compared to Fitch."

Authored by Thomas Lawler of Lawler Economic and Housing Consultants. Have a great weekend!

Emily Davidson – Credit.com's Communication Director and former TransUnion credit expert. Emily writes about credit reports, credit cards, loans and personal finance as the CreditBloggers.com moderator.