(Intro, in italics below is sung to the melody at the very beginning of Rudolph, The Red Nosed Reindeer)
There was Citicorp, Morgan, A-I-G and Wa-Mu.
Freddie and Fannie, big checks were made out to.
And ‘mong those from the Street of Wall
He kept the loos-est purse strings of all.

Paulson the Dough-man,
Takes the TARP cash and he doles
Out to Goldman Sachs
Where policies were lax
Never mind taxpayer’s polls.
.
Paulson the Dough-man
E-nun-ci-a-tion dis-array.
He just hems and haws
Prays the credit thaws
Change his mind most ev-ry-day.

We hope it won’t turn trag-ic with tax-pay-ers funds abound
So blow another trillion, Hank,… while we wait for a re-bound.

Hey!

Paulson the Dough-Man
He hoped Main Street’d be okay
Thought the money’d flow, but “what do you know”?
Banks squirreled it all away.

Stumpity-stump-stump, Stumpity-stump-stump
Pitch his plan wherever he go.
Stumpity-stump-stump, Stumpity-stump-stump
Like a poor-man’s Ross Perot.


Paulson The Dough-man
On The Hill he got his way.
Didn’t think to thank,
Even Barney Frank
Hank’s a self-proclaimed Sensei.

Due to the pillage,
Kept his checkbook in his hand,
Thanks to ‘ol Chris Cox and de-pressed stocks
At his whim, he’d change The Plan.
.
Cong-ress gave the leeway so he’d be thee lone TARP cop.
But not until the Big Three asked,
Did his spending ever stop.

Oh!
Paulson the Dough-Man
And the TARP funds he holds sway
Soon he’ll wave goodbye,
Admit he went awry
On In-aug-u-ra-tion Day.


Pumpity-pump-pump, Pumpity-pump-pump
Make liquidity grow.
Pumpity-pump-pump, Pumpity-pump-pump
Bare-faced he let it flow.