The People's flag was deepest red,
But now its guiding lights are dead;
Their principles and lofty aims
Demolished by expenses claims.
New Labour came to rule the roost
And give their private funds a boost
And with a supercilious sneer,
To plant their skull and crossbones here.
While we work hard to pay our tax,
These parasites upon our backs
Indulge themselves in luxury
At the expense of you and me.
So now it's time to play it tough
And let them know we've had enough
And when they're gone we'll raise a cheer;
No more New Labour scroungers here.
Update: excellent letter to the NEC from Labour Activists (h/t to Plato Says)