The S&L Song

I wrote & recorded this to self-release as a single! For various reasons that did not happen (see next song) but I've always liked it, a rather strange cross between the Bobby Fuller 4 & Devo. For those of you much, much younger than dirt, an "S&L" was a Savings & Loan Association, similar to a bank that primarily loaned their money for real estate purchases. But back in the 1980's due to some misguided deregulation & lax supervision, these S&Ls as an industry made a number of stupid and downright fraudulent transactions leading to a wholesale collapse and ultimately a Federal bailout (read taxpayers) of the various institutions. Oh, a few fat cats saw the inside of a cell, a few lost a lot of their money, but for the most part, the wealthiest people in this country walked away with anywhere from $100 to $500 billion dollars of taxpayer money. And by coincidence, 'twas a Bush in the oval office while it happened. Hmm, fancy that? Surprised to find today there is a major crisis brewing once again in the finance & real estate industries, only this time threatening to take out the entire financial sector? Bush Jr. is obviously determined to repeat every one of Bush Sr.'s mistakes in office but Junior's gonna show us how he can really truly screw things up.

The song is all MIDI, it was tracked & mastered on the old four track, the master is dated 9/90 but I know I was working on it in 1989. Personally I prefer Take 2, it's longer and has an extra verse or two but unfortunately it shows what happens when one double-tracks unison vocals but changes the words a little each time - OOPS. Take 1 is shorter & more direct, it was going to be the released version.

The S&L Song Take1


The S&L Song Take2