Monday, September 8, 2008

Freddie Mac, When Are You Coming Back?



Freddie Mac? When Are You Comin’ Back?

Blawgerman has done some research! Yeah, yeah…..it may be the first time…..but hey, there’s always a first time for everything!

You may not know this, but there has already been a song written about the takeover of one of our largest lending institutions. Martha and the Vandellas wrote this a long time ago, but had to change the original wording to Jimmy Mack in order to sell songs……..

Here’s the Original Freddie Mac (before they changed it due to crass commercialism):


Freddie, Freddie, oh Freddie Mac, when are you coming back?
Freddie, Freddie, oh Freddie Mac, when are you coming back?
My ARMs (Adjustable Rate Mortgages) are missing you, my Equity Lines feel the same way too
I tried so hard to be true, like I promised I'd do
But this Lender keeps coming around, he's trying to wear my resistance down

[Chorus:]

Hey Freddie, Freddie, oh Freddie Mac, when are you coming back?
Freddie, Freddie, oh Freddie Mac, when are you coming back?
He calls me on the phone, about three times a day
Now my heart's just listening to what he has to say
But this interest rate I’m locked into keeps me reaching out to be his friend

[Chorus]

Need your loaning, need your loaning

[Instrumental break]

I wanna say, I'm not getting any stronger, I can't hold out very much longer
Trying hard to be true, but Freddie, he talks just as sweet as you

[Chorus]

Need your loaning, need your loaning
Need your loaning, need your loaning...(Freddie, Freddie, oh Freddie Mac, when are you coming back)


Wow. I didn’t know Martha and Vandellas were a prophetic group! Well, enjoy the song as you wonder, as do I, what it really means that the US Government seized the two largest mortgage lenders in America in the past week.

Singing the Mortgage Blues,

Blawgerman

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