Friday, October 10, 2008

Friday Rant

I confess: I am not an economic expert.  Not nearly in the same league as the "experts" who have put the world in the worst financial crisis of many of our lifetimes.  But I must say, if I hear the word "correction" one more time, I'm going to scream.  

I'm wondering, too, about the $700 billion Wall Street bailout.  Wasn't that supposed to help stabilize the markets?  I would hate to think where they would be if they hadn't been "stabilized"! (that is a sarcastic comment, in case you didn't already know).  

And here is another question:  If the markets are going to tank anyway, can't we renege on making tax payers bail out these greedy folks?  Further, I may be showing cold-heartedness here, but I also find it hard to be overly sympathetic about people who bought more house than they could afford with an ARM -- and now get to refinance at taxpayer expense. 

There.  I feel better now.

God is still on His throne.  And this crisis, too, shall pass.  I spent time today in prayer for the poor, who are the forgotten ones in this kind of situation.  Also, I ask you to join me in praying for W.A.R.M (Wise Area Relief Mission).   We want to be able to continue to provide food for those who are in need.  But right now, getting food is difficult.  The food banks are running extremely low.  This week, we had to purchase food at retail from Wal-Mart.  This REALLY stretches our already-limited budget.  So please pray for us.  God has always been faithful to our ministry.  


Jeff said...

I don't know much but I think when the correction has corrected what needs to be corrected, it will eventually be correct and we won't have another correction for several years until we do the same things again and need a correction to get the market corrected. Just a thought.

Josh Ross said...

On the bright side, I got gas for 3.09 yesterday. Saw it for 2.99 today.

Karen said...

Happy Birthday, Rick! Karen and Kelley