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Merle Hazard is back with 'Bailout'

If you've been desperately waiting for a new Merle Hazard song, the long winter is over: Merle is back with 'Bailout', a charming country ballad all about bailouts.

It's not an immediate classic the way that the catchy H-E-D-G-E F-U-N-D was, but for lyrical depth and detail, it's definitely a new high for Mr. Hazard.

The song includes a scathing critique of Ben Bernanke, who is dismissed as an "academic." Watch the video below the cut.

Continue reading Merle Hazard is back with 'Bailout'

Billy Joel on the subprime meltdown

OK, so I lied about it. To my knowledge, Billy Joel hasn't yet opined on the subprime mess. But we'll keep you posted if he does.

Instead, a hilarious riff on Joel's hit "We didn't start the fire" is making the rounds on the internet -- It's definitely not as good as Merle Hazard's "hit" "H-E-D-G-E F-U-N-D" but it's pretty good.

I wonder whether YouTube videos featuring market-oriented gallows humor could be seen as a sign of a bottom -- a sign that the traders/managers making these videos have finally gone nuts.

In case you missed out on Hazard's follow-up, check out "In the Hamptons."

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Last updated: May 27, 2012: 04:44 AM

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