Tuesday, January 13, 2009

Califantasia (Musical Tribute)

Has our state exhausted its prosperity?

What, if anything, will come next to pull us out of recession and return California to prosperity? Some think it will be biotechnology, services to baby boomer retirees or solving global warming.

Lurking in the background, however, is a nagging worry that there won't be anything, that the state's endemically high costs, political dysfunction and list of unresolved dilemmas, from transportation to water, have made us uncompetitive in a global economy. Just last week, a federal survey found that California has the nation's highest adult illiteracy rate.




Plastic toys from China try to route through Alameda
Dolls are made in Shanghai with lost jobs our one agenda
But if you want prosperity, it's Califantasia

It's the end of the world and the fall of North America
Oil rose in the East as was seen in the memoranda
It's understood that the Fed Reserve sold Califantasia

Pay the bankers very well to break deflation's raging
Buy up homes at a record pace and then plan for the collapsing
Your home can't be sold?
You had to fold?
Dream of Califantasia
Dream of Califantasia

Drop the cash in the backyards of the world, it becomes the next parabola
A central banker with a printing press getting high on great dilemmas
He borrows some time but it's so hard, it's Califantasia

Cash may seem the safe long-term bet, but it's conjured with abracadabra
The risk is hoarding too much as it's hardly a panacea
You say stagflation's far away but that's Califantasia

Buy and hold's been sold so much you'd think it's the referenda
Everybody has bought in on this national ponzi schema
Your home can't be sold?
You had to fold?
Dream of Califantasia
Dream of Califantasia

Dream of Califantasia
Dream of Califantasia

Destruction leads to great depression but it also breeds propaganda
And defaults are to a banking system what sticks are to pinatas
But liquidity can't save the world from Califantasia

Pay the bankers very well to break deflation's raging
Sicker than the rest, this is no test, and this is why it is caving
Your home can't be sold?
You had to fold?
Dream of Califantasia
Dream of Califantasia

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