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    • Five Hundred Million Dollar Negative Yield Bond Issued
      No, central banks aren’t screwing the economy up with their purchases: Veolia (Paris:VIE) has issued a 500 million 3-year EUR bond (maturity November 2020) with a negative yield of -0.026 %, which is a first for a BBB issuer. To be clear, central banks didn’t buy those bond, investors did. But central bank purchases of […]
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Childhood songs mondagans

Atrios put up the lyrics of two childhood songs yesterday but he got them all wrong.

Here are the correct lyrics for the Battle Hymn of the Republic and Old Smokey:

My eyes have seen the glory of the burning of the school
We have tortured every teacher, we have broken every rule
We are marching to the office now to hang the principal
Our school is marching on

Glory, glory, hallelujah
Teacher hit me with a ruler
I bopped her on the bean
With a rotten tangerine
And now she’s not so mean

(note that the original lyrics predates the use of assault weapons in school)

And here is Old Smokey:

On top of old Spaghetti, all covered with cheese
I lost my poor meatball, when somebody sneezed
It rolled of the table, and onto the floor
And then my poor meatball rolled right out the door

It rolled into the garden and under a bush
And then my poor meatball,
Was nothing but mush.

The mush was as tasty
As tasty could be,
And then the next summer,
It grew into a tree.

The tree was all covered,
All covered with moss,
And on it grew meatballs,
And tomato sauce.

So if you eat spaghetti,
All covered with cheese,
Hold on to your meatball,
Whenever you sneeze.

Kids in the 60s and early 70s were less violent. We knew all the words to the protest songs and no one we knew owned guns except bad suburban dads wwho beat their kids on Sundays as prophylactic punishment and hunters.

True story.

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