Connelly on Commerce

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Ageno School of Business dean Terry Connelly on business, the economy, and more. . .

The Night Before Christmas: The Dean’s Fable

Terry Connelly is dean of the Ageno School of Business at Golden Gate University and is frequently quoted on business, financial, and economic issues by Bay Area local, as well as national, news media.

“Twas the night before Christmas

And all through the land

The Beatles were back

As a remastered band!

The resumes hung by the chimney with care

In hopes that a job offer soon would be there.

While most of us had a recession to grapple

The two success stories were Kindle and Apple.

The Palins were nestled all snug in their beds,

While visions of 2012 danced in their heads.

Michelle  in her kerchief, and Barack  in his cap,

Had just gone downmarket, dropping J Crew for Gap.

When up in the Congress arose such a clatter

Bernanke and Geithner were served on a platter.

Then what to my wondering eyes did appear

But a health reform sleigh and sixty reindeer;

With a taciturn driver so patient and slow

I thought right away: “It’s Olympia Snowe!”

Her “ayes” she’s withholding

Till Reid does her bidding;

With Leiberman out,

She’s really not kidding.

There’s really no chance of an early adoption

Unless they finesse the darn public option.

Just a wink of her eye

And a twist of her head

Would let Harry know

He has nothing to dread!

But straight down the chimney

Came a different St. Nick;

With a bag full of goodies

So costly and thick.

Mere mention of stimulus made her cheeks rosy:

And all those new taxes: it must be Pelosi!

The two dueling Santa broke open their packs,

And laid out the presents:  first up, Goldman Sachs!

There was no cash for clunkers, that gift’s gotten old;

The bad kids got dollars, the good kids got gold;

For bankers and traders, new rules of the road;

But no new Glass-Steagall: now that would be bold!

For credit card issuers, loads of disclosures;

But not many ways to limit foreclosures.

Estate tax extension — no problem, my dear;

But cap and trade rules will wait till next year.

With deficits rising, the budget knife’s sharp;

So to get business hiring, just leftover TARP.

For Christmas we’re stuck with more high unemployment:

And Fox Cable News for our viewing enjoyment.

With Tea Party coverage so favorably canned

You know spontaneity was really well planned.

Then out on the lawn a third Santa appeared;

He was dressed all in red but was missing a beard.

His eyes, how they twinkled;

His dimples, how merry;

His lips were like roses;

His nose, like a cherry.

His volatile mouth was taped up with a bow;

But the hair on his head was as white as the snow.

I said: “Welcome back, where have you been hidin?”

“In Bagdad,” he answered, “I’m really Joe Biden!”

He sprang to the talk shows,

To his team gave a whistle;

But on Afghan war planning,

He lost to McChrystal.

Then up to the housetops the three Santas flew;

Olympia, Nancy and Joe Biden, too.

With a full year of practice,

Next year they’ll be ready:

But the truth is,

The liberals really miss Teddy.

We all  heard him exclaim

As he fought his last fight:

“Merry Christmas to all,

And to all a good night!”

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