If everybody had an RIAAcross the U.S.A.Then everybody'd be PEU-fin'In their IRAYou'd see 'em wearing their VuarnetsGucci loafers tooA short and tapered hairdoPEU-fin' U.S.A.You'd catch 'em PEU-fin' on Carlyle (inside, outside 401(k))KKR is just fine (inside, outside 401(k))Blackstone and Apollo (inside, outside 401(k))Affinity Partners too (inside, outside 401(k))All over the White House (inside, outside 401(k))And down at the SEC (inside, outside 401(k))Everybody's gone PEU-fin'PEU-fin' U.S.A.
The spoof on Universal Basic Capital arose from my pondering how the mavens of capital might profit? I caught a whiff of private equity underwriter (PEU) with a splash of TechGod.
My wise friend offered:
I think it's a trap to convert fictitious capital to placate the masses. Everything is a trade off. Let us control our valuations and we will tokenize our fraud and distribute some to you.
And the little people cheered the excessive marks for they finally had a small piece of that fraudulent pie.
Let us give thanks to politicians Red & Blue who love PEU and their new TechGod brethren. Increasingly, more are one and their sons shall be far richer than their billionaire fathers.
The Greed & Leverage Boys Tour is coming to a stadium near you (where they also own the NFL/NBA/MLB professional sport team). Club deals are back baby! Possible inspiration for their next hit?
If you go, gird yourself for the late hit or screamer foul ball. They can come out of nowhere.