safely deposit blue collar hard earned savings in banks
banks banks all banks are technically insolvent risks
money is farmed out invested working hard at interest rates
run on banks bad risk rumours can swift bankrupt banks!
because limited amounts of money
are on demand customer ready
uncertainty in deflated economy
uncertainty in financial security...
uncertainty in placing positioning savings investments
check out legal ploy white collar crime confidence tricks
time to play company end letters ensure safe paper trails!
form a PLC 'public limited company' play safe money
in United Kingdom, Commonwealth, Republic of Ireland
these are for directors safe bet limited liability companies!
sneaky term PLC was introduced
in 1974 to take out identity suffix Ltd
as prior to 1974 giveaway Limited
warned investors of liability limited
better to hide this term rephrased
even red flag 'public limited company'
PLC can be misplaced hidden identity
here is a snare some public limited
companies our mostly nationalized
concerns can be invisible incorporated
under special legislation stamp applied
escape hole makes companies exempted
from bearing any giveaway identifying suffixes
cross trade Atlantic a PLC becomes a PTC ploy
yes a stiff British PLC 'public limited company'
in the United States has a different name honey
a PTC 'publicly traded companies' investment toy
PLC scheme works like this
if handled right one-way bets
pays safe profits no profits?
close PLC down leave everyone else!
hanging money owed to other companies?
other people might be limited percentages
paid? or white wash insolvent not paid?
Beauty? beauty is directors
don't go bankrupt shareholders!
others take a fall now sneaky limited
bit is rapid revelation revealed!
Public Limited Company means Limited Liability!
scam artist directors walk away scot-free completely
free from obligation harm penalty responsibility!
does this sound right?
small investors
civilian naive get burned
small investors
believe in fees integrity of bean
counting nodding directors
small investors
believe in silver spoon educated
respectability accountability honesty
when swallowing carrot offered
too good to be true quick profits
small investors believe when greedy
group of teamed up high rollers
get together launch a company
their motives are moral humane beyond
question not out to steal shirts
off poor peoples backs
soon new fancy name company
borrows money large amounts of money
borrowed a lot of money
to start a business legitimate
but not using risk their money?
legitimate company proceeds
to order equipment raw materials
marshals resources with muscle
all resources acquired without paying money
on tick so to speak
then proceeds to make
a right mess of their business
magically money resources
starts doing disappearing tricks
all is lost everything is lost
now general public would expect
these directors to be accountable
oh dear no the money is gone
directors owe nothing!
really you expected directors
to owe all that money how naive!
remember
what these directors sneaky
started
a PLC now company
in crisis
becomes an honorary
person to palm
blame off onto oh naughty
company
of bad bad name
enough to drive small investors
insane or to suicide?
it is PLC person honorary
who owes money
not high roller company
off scot-free directors
small investors
have privilege
of paying for directors
elite life style
if PLC tragically goes
under administration steps
in assets are sold off those
that do did not disappear
if assets do not cover red net debts
then as ABBA sang gone are pennies
no pennies left from workers labours
savings shell game cup empty face fear
suffer sleight of hand shuffle bad bet hung
piano keys pounding sung ABBA swan song
'Money Money Money' gone 'that's too bad'
winner face mask smiles losers impaled sad
coz in their dream scheme dirty directors
had a wicked plan to skim off all cream
then steal milk and all producing cows
beauty beauty beauty of white collar crime
confidence tricks is if directors
stayed within the letter of the law
directors major shareholders
cannot be touched are untouchable
immune from plan executed immoral crimes
learned anything yet oh naive investor small?
your trauma turn now get together
small share fleeced investors
hire slick sleek finance lawyers
to track down reclaim portions
of invested lost money but moneys
just gone department dirty tricks
has pulled off scheduled another
fleeced Wall Street scheme infamous
bitter now you can fees expenses
paid line prestige lawyers pockets
while yours are professionally empties
again it's insane how wonderful
successful schemes gold mines
certified safe to enter go belly up
golden apple prize
has been swift stolen
from mythic beginnings
it was too good to be...
true safe one-way bet incorporated
into directors all safe bets limited
liability companies cast silver spoon...
people do not have to university go
to get a license to steal law degree
plebs can also get sweat shop degrees
oh do you not see dear boys justified
elitist sleight of hand
life is more comfortable
rewarding as an exploiter...
not as exploited victim
now for the ultimate
meany greedy insult
directors proud proclaim
public were too naive stupid
let themselves get exploited
directors are cap off scot-free
laws centuries privilege sanctuaries
toasting you with their millions
billions with burned brandy
whiskey champagne whatever
fits their victory fancy
Terence George Craddock (Afterglows Echoes Of Starlight)
Copyright © Terence George Craddock
This poem has not been translated into any other language yet.
I would like to translate this poem
The 'Public Limited Co. or the PLC' have duped the small investor enormously everywhere. Thanks. small investors / have privilege / of paying for directors / elite life style