Archive for the ‘Bailout’ Category

Washington DC is ablaze with activity. We have a new President getting ready to assume power. We have the Big Three auto executives begging for money, we have Bernanke and Paulson trying to stem the financial crisis that has settled over America like the Black Plague. The Mudpreacher is not normally pessimistic. People would say he is an optimist. But God keeps telling me that HE IS TRYING TO GET OUR ATTENTION! What is happening today is merely the tip of the iceberg. By spring time it will be very clear that our Nation is in dire trouble. Unless Repentance and Revival comes to America the emotional and economic pain and suffering will surpass anything this generation has experienced. God is serious about us heeding the message of Jeremiah. The headlines are growing more ominous:

Economy rescue: Adding up the Dollars: The government is engaged in an unprecedented – and expensive – effort to rescue the economy. CNN details the 7.2 TRILLION Dollars the Government has ALREADY committed since December 2007.

Bernanke: ‘Work It Out. Now. Bernanke is Worried“Federal Reserve chairman wants to see distressed mortgages modified quickly, and in large numbers.”Bernanke’s support for debt relief is a departure from February, when he told a U.S. Senate Banking Committee meeting that a bill allowing bankrupcty judges to modify mortgages to save people’s homes would be more of a cost to the US economy than a benefit.”

Pent up Anger Greets Return of Auto Chiefs to Capitol Hill Auto Executives on Capitol Hill“Confirming the fears that taxpayers could lose out, the economist Mark Zandi of Moody’s said automakers probably needed much more than their requested $34 billion and perhaps as much as $125 billion. He predicted that the automakers would ask for more money by next fall.”

Dour Reports Show Cracks in ETFs, Economy: “Through the turmoil of the economic downturn, factory orders are getting buried, leaving an underlying weakness on Wall Street and exchange traded funds (ETFs). The deepening recession has left factory orders at their lowest point in eight years, with demand in steel, cars, computers and heavy machinery sinking.”

God wants our Nation to pay attention to the Message of Jeremiah. Jeremiah was dealing with leaders who were conspiring against God. They refused to hear God’s Words. They were going after other gods. Gods of money, greed, self-confidence. Listen to Jeremiah 11:9-12:

Again the LORD said to me, “A conspiracy exists among the men of Judah and the inhabitants of Jerusalem. They have turned back to the iniquities of their forefathers, who refused to hear my words. They have gone after other gods to serve them. The house of Israel and the house of Judah have broken my covenant that I made with their fathers. Therefore, thus says the LORD, Behold, I am bringing disaster upon them that they cannot escape. Though they cry to me, I will not listen to them. Then the cities of Judah and the inhabitants of Jerusalem will go and cry to the gods to whom they make offerings, but they cannot save them in the time of their trouble. (Jer 11:9-12 ESV)

imnotlisteningGod deliberately brought disaster upon Judah and its inhabitants. The warning from God was that “though they cry to me, I will not listen to them.” Then the leaders and people of Judah went and cried to their gods, but they would not save them in their time of trouble.

hallowed-be-thy-nameIf our leaders and if we as God-fearing Americans do not acknowledge God and plead with Him for mercy, wisdom and guidance, God will close His ears to our cries. We will be left to cry out to our gods of money and weapons, but sadly, they will not save us this time! America is bankrupt spiritually, and we will soon be bankrupt financially.

As God said in Jeremiah 11:7-8 “For I solemnly warned your fathers when I brought them up out of the land of Egypt, warning them persistently, even to this day, saying, Obey my voice. Yet they did not obey or incline their ear, but everyone walked in the stubbornness of his evil heart.”

The time has come to humble ourselves before El Gibbor, our Mighty God. He is the Mighty Warrior, the Mighty Hero that we need. Only He has an inexhaustable supply of mercy and grace and wisdom for the weary and lost, the broken and bankrupt. Only God is Jehovah Jireh, the God who supplies all our needs. Turn and be reconciled, for His mercy endures forever!

Selling Our Liberty for the Safety of our 401(k)’s

In wondering about the ramifications of our Government buying an interest in private banks, buying up commercial notes, buying delinquent mortgages, all in order to stabilize financial markets, I am wondering if we are starting to see the fruition of “Why Democracies Fail” a quotation attributed by some to Alexander Tytler. On December 28, 1987, a letter in the Wall Street Journal quoted this whole passage, and said it was from a lecture by “a history professor by the name of Sir Alex Fraser Tytler (1714-1778).” (Actually 1747-1813).

In 1787, Alexander Tytler, a Scottish history professor at the University of Edinburgh, had this to say about the fall of the Athenian Republic some 2,000 years earlier:

‘A democracy is always temporary in nature; it simply cannot exist as a permanent form of government’.

‘A democracy will continue to exist up until the time that voters discover they can vote themselves generous gifts from the public treasury’.

‘From that moment on, the majority always vote for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship’.

‘The average age of the world’s greatest civilizations from the beginning of history, has been about 200 years’.

‘During those 200 years, those nations always progressed through the following sequence:

From bondage to spiritual faith;
From spiritual faith to great courage;
From courage to liberty;
From liberty to abundance;
From abundance to selfishness;
From selfishness to complacency;
From complacency to apathy;
From apathy to dependency;
From dependency back again into bondage.

Where are the Statesmen who cry out for Liberty!

Are we going to surrender our freedom for the sake of financial ease and comfort. Has our dependency on our affluent lifestyle led us to bondage to big government once again? Where are the statesmen who possess Courage and Character. Should not the sins of the greedy be punished even if it means economic hardship? Do we surrender our free-market economy for the sake of government control so we may continue to live in comfort?

Where are those who cry out “Give me Liberty or give me death!”