Alan Beattie, FT International Economy Editor and FT Alphaville’s new A&R man, sent a rock opera by two parodists whom wish to remain anonymous. Read the parody song/lyrics to the tune of Queen’s Bohemian Rhapsodythat was dedicated to Prime Minister George Papandreou from the FinancialTimes (and why not... sing along!)
Athenian Rhapsody (The Ballad of Papandreou)
Is this our real debt? Is this just fantasy? Won in a landslide Now I’m facing austerity I opened the books And said “are you kidding me?” Did what we did to get into the Eurozone So there was never a need to grow Euro’s high, rates stayed low Anything to enter, didn’t really matter to Greece, to Greece Papa, just told the truth No one’s paying any tax And my colleagues here are hacks Papa, Greece had everything But the bankers came and took it all away Papa, ooh ooh ooh ooh Goldman told us it would work and now I sit here like a jerk They were wrong, they were wrong, that swap illusion’s shattered Too late, the market crashed My country’s on the brink And my bond spreads really stink Goodbye to the good life – it’s got to go I never thought our bonds could trade so low Papa, ooh ooh ooh ooh – (anyway my yields go) No one wants to buy And some folks wish they never had bought at all… We need some euros need some euros very fast Mykonos, Skiathos, you can sell them to China DSK and Regling – say our debt is frightening – Hey, Papandreou, Papandreou, Papandreou, Papandreou, Papandreou runs the show – he’s out of dough oh oh oh He’s a professor from Minnesota He’s a professor leading his country Found that the Greeks had been cooking the books Bail in – bail out – will you bail us out? ECB. Nein! We will not bail you out Bail us out IMF. We will not bail you out Bail us out PSI. We will not bail you out Bail us out Will not bail you out Bail us out (never) Never bail you out Bail us out Never bail you out – ooh ooh ooh Nein, nein nein nein nein nein nein! Oh mama Merkel, mama Merkel, mama Merkel we’ll default The Bundestag has no package set aside for Greece For Greece For Greece China: So you think you can stiff me and just say goodbye? So you think I’ll just hold and continue to buy? You’ll pay us – we’ll want more than Piraeus Ships, airports and banks, as for your unions, no thanks! Ooh yeah, ooh yeah Once we had an empire That is history How did this transpire? – back to Minnesota for me. Goodbye to the Euro…
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