Thursday, March 26, 2009

Is Anyone Else Concerned?

Every day it seems I read that the government is amassing more and more power.

The headline in the Business Section of The Washington Post for March 25th read: "The Pitch for Expanded Powers." And the tag line was: "Geithner, Bernake Seek the Authority to Seize Failing Firms Other Than Banks."

Frankly, I'm worried.

Our government should not be seizing firms. What is next?

I thought our whole business structure was built on the basis of the good succeed and the bad fail. If the government intervenes to save companies that should fail--what will that do to the entrepreneurs of the future? The great idea people like those behind Apple when it started and IBM and Xerox back when they began?

Will the bad business practices continue--with the safety net of a government bail out to save them from their own excesses and poor decision making?

How will the marketplace and industry evolve if the government is in control?

Isn't this all a violation of the Constitution somewhere?

AIG needed to fail.

GM needs to fail. So someone better and brighter can succeed it.

Big industries and corporations have been buying up and destroying competition for years to preserve their now obvious faults. And our government is condoning this behavior by buying them, seizing them and keeping them afloat. What's wrong with this picture? Since when did our government become the model way for running businesses?

I'm not sure I want to pay for all of this.

I'm not sure the world economy is in a position to finance the debt until our grandchildren can pay for it.

I'm worried that we have taken a leap into socialism--where the government controls everything and we are taxed at an unbelievably high rate to pay for it.

Nothing is free!

I'm worried about what's next?

Then when the Lamb opened the third seal I heard the third living creature saying, “Come!” So I looked, and here came a black horse! The one who rode it had a balance scale in his hand. Then I heard something like a voice from among the four living creatures saying, “A quart of wheat will cost a day’s pay and three quarts of barley will cost a day’s pay. But do not damage the olive oil and the wine!” Rev 6:5-7 NET Bible

Does this foretell of runaway inflation from a failed bailout plan? And of the incredible world-wide depression which results? I hope not.

So, is anyone else concerned? I think we need to pray harder.


Pennie said...

Yes I am very concerned. I do think we are headed for socalism! I agree what ever happened to the businesses that can't make it, fail? What happened to if you don't qualify for a loan you don't get one?! Very concerned that the government is adding to its debt by buying banks etc out!!!! My question is, "Do you think that this is part of God's plan?" "What are we as Christians suppose to be doing?"

Bobdadmd said...

There is more to it than the evil newspapers even admit to what has happened and will happen. All I can say is we as a formerly free people are in for a rude awakening in the next few months. Newsmatch om the commuter news and a few others have given some pictures we don't want to know.
For me and my house we will serve the Lord and remember that "In God We trust". Thomas Jefferson predicted this mess back in his day and we should pray hard and long and much for this country.



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