Twas the night before Christmas, Online paying my bills,
I realized this season, there weren’t too many thrills.
With the housing market sputtering, my job security hung in the air,
I looked in my mail box, praying no bills would be there.
With my wife complaining, that our credit was crap,
I just wanted to settle in, for a decade long nap.
When suddenly from the news, there arose such a clatter,
Housing woes getting worse, and foreclosures getting fatter.
Away from the market, investors flew like a flash,
Pulling their money, faster than the 50-yard dash.
With the stock market falling, to a new record low,
I began to wonder what happened, to that plumber named Joe.
When, what in the news next would appear,
But investors with Madoff that were shaken with fear.
With GM and Ford stock diving so quick,
I knew to turn from the news before I got sick.
Faster than interest rates dropping, the economic stories they came,
The housing market bubble was pretty much to blame.
Now Countrywide, now Lehman, now
If you had an adjustable rate, you’re just as screwed too.
Now dash away, dash away dash away all,
Leave it to the bank to take the big fall.
And as the value in my home continued its decline,
I knew right away that I wouldn’t be fine.
So to the phone I went, armed with news of a new rate,
The rates are so low, this had to be great!
And then, like a weakling, I heard from the line,
Your credit is poor and your value’s not fine.
As I drew in my breath and found I was spinning around,
There came from my mouth, not an inkling of sound.
Then I shook, and I laughed, like a bowl full of jelly,
Wanting to regurgitate the holiday dinner from my belly.
My home ownership dreams were gone with a jerk,
And I prayed that on Monday that I would find some steady work.
While laying a finger inside of my nose,
I realized it was going to get worse, I suppose.
So I opened my statements, at the zeros I whistled,
And I wondered aloud how my balances had fizzled.
Though things may look dreary, and really quite weak,
There are others in worse positions whose futures are bleak.
My family is healthy, there’s a roof over my head,
So instead of worry I decided for bed.
And as I switched off the Christmas lights with a flick of the switch,
I was so very thankful that I wasn’t Blagojevich.
I crawled under the sheets hoping things would be fine,
Thinking Happy Christmas to all, and a much better 2009.