Cash for clunkers is nothing more than tax payer fraud. Instead of the government making loans to the big motor companies they are taking our money and giving it to them. Free of Charge. We are just a bunch of thieves stealing from ourselves by taking the money. The only one’s that will benefit are the recipients of the cash: The car companies.
Think! The government comes up with this scheme that you can take your gas guzzling car, (if I was part of state government I would howler “foul” because that will reduce tax revenue) give you $4500 of tax payer money for it to put toward a new car, and buy a car that you can’t afford. That is why you had the gas guzzler because you couldn’t afford a new car. As I read in other reports that people admit they can’t afford the car, but the American consumer can’t pass up a "good" deal. That is what got us in trouble in the first place. Tax payers lose, car companies win.
In reality the billions spent in this program was stolen from the tax payers and given to these ingrats who will end up getting the car repossessed. The bank will end up getting at best 50 cents on the dollar when they resell it. And the tax payers grand children get the bill from the government.
Monday, August 03, 2009
Tuesday, February 10, 2009
We the Government
Psalm 24:1 : "The earth is the LORD'S, and the fullness thereof; the world, and they that dwell therein."
The United States Government just passed the so called stimulus bill adding $738 billion to the US debt. The bill authorized the extension of the US debt to over $12 Trillion dollars. They are going backwards and will continue to do so in the name of "social reform." Much of the bill did nothing to stimulate the economy because it only authorized more money to already existing programs like unemployment and education. The stimulus package was nothing more than smoke in mirrors to kick start the Socialist political agenda of President Obama and the democratic party, including, nationalized health care, nationalized banking, control of education, limiting the Church, just to name a few.
The Constitution of the United States of America was established to limit the powers of government, but these kooks are limiting the power of the Constitution. I have read that we should give our Constitution to Iraq, literally, because we aren't using it any more. President Obama recently said to the American people, "The Government is the only entity that is left with the resources to help America." I have a couple of problems with this statement and I hope you do too.
First, the government did not create the Constitution, it created the government, the egg before the chicken thing. Therefore the Constitution not the government is the only entity with the power to help America. Yet, the men who are empowered by the Constitution seem to think that they can usurp this very power because they seem to be culturally and socially enlightened. What has government enlightenment caused? The government has legalized murder through abortion, dumbed-down our kids by making social issues more important than reading and writing, increased crime and wickedness by taking the Bible and prayer out of school, and forced business to move overseas by taxation and catering to unions to name a few; we can only guess what will come next.
Secondly, the government has no resources; you and I have resources that the government just takes in the form of taxes. Our resources are getting scarcer but the government (democrats) want to add more to our burden. Statements like this gives power to the idea, we the government. We the people are just a bunch of idiots who watch TV, entertain ourselves, eat, and write blogs in "new speak."
The focus of this blog is what the Bible has to say. In Genesis 1:1 says, "In the beginning God created the heaven and the earth." in Revelations 4:11 says, "…and for thy pleasure they are and were created." According to Ps 24:1 we all belong to God. Who created the chicken…God. God is the entity, the being that has always existed. Entity means existence, being. With the idea that it won't cease to exist. The government and the people can cease to exist. However, the constitution, the fulfillment of the Declaration of Independence, endowed by the creator gives entitlement to rights that are eternal: life, liberty and the pursuit of happiness. I declare that God is the only entity that has the resources to help America and he has established them in the Bible and the Constitution of the United States. 2 Chronicles 7:14 says, "if my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear them from heaven, and will forgive their sin, and will heal their land."
The United States Government just passed the so called stimulus bill adding $738 billion to the US debt. The bill authorized the extension of the US debt to over $12 Trillion dollars. They are going backwards and will continue to do so in the name of "social reform." Much of the bill did nothing to stimulate the economy because it only authorized more money to already existing programs like unemployment and education. The stimulus package was nothing more than smoke in mirrors to kick start the Socialist political agenda of President Obama and the democratic party, including, nationalized health care, nationalized banking, control of education, limiting the Church, just to name a few.
The Constitution of the United States of America was established to limit the powers of government, but these kooks are limiting the power of the Constitution. I have read that we should give our Constitution to Iraq, literally, because we aren't using it any more. President Obama recently said to the American people, "The Government is the only entity that is left with the resources to help America." I have a couple of problems with this statement and I hope you do too.
First, the government did not create the Constitution, it created the government, the egg before the chicken thing. Therefore the Constitution not the government is the only entity with the power to help America. Yet, the men who are empowered by the Constitution seem to think that they can usurp this very power because they seem to be culturally and socially enlightened. What has government enlightenment caused? The government has legalized murder through abortion, dumbed-down our kids by making social issues more important than reading and writing, increased crime and wickedness by taking the Bible and prayer out of school, and forced business to move overseas by taxation and catering to unions to name a few; we can only guess what will come next.
Secondly, the government has no resources; you and I have resources that the government just takes in the form of taxes. Our resources are getting scarcer but the government (democrats) want to add more to our burden. Statements like this gives power to the idea, we the government. We the people are just a bunch of idiots who watch TV, entertain ourselves, eat, and write blogs in "new speak."
The focus of this blog is what the Bible has to say. In Genesis 1:1 says, "In the beginning God created the heaven and the earth." in Revelations 4:11 says, "…and for thy pleasure they are and were created." According to Ps 24:1 we all belong to God. Who created the chicken…God. God is the entity, the being that has always existed. Entity means existence, being. With the idea that it won't cease to exist. The government and the people can cease to exist. However, the constitution, the fulfillment of the Declaration of Independence, endowed by the creator gives entitlement to rights that are eternal: life, liberty and the pursuit of happiness. I declare that God is the only entity that has the resources to help America and he has established them in the Bible and the Constitution of the United States. 2 Chronicles 7:14 says, "if my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear them from heaven, and will forgive their sin, and will heal their land."
Sunday, February 01, 2009
What to do when you don't get your TARP?
1 Thessalonians 1:9-10 "...how ye turned to God from idols to serve the living and true God; And to wait for his Son from heaven..."
What do you think about when you read that the government is going to use our tax money, yep, right out of your back pocket and give it to your neighbor? I think how can I get my TARP. How can I screw my neighbor out of his money? Can I just stop paying my mortgage? Can I just file bankruptcy because I'm tired of paying back the money I borrowed from my neighbor (through the bank) and screw the bank? what a novel thought, because haven't the banks been screwing us...? What can I do to get my TARP?
Wait a minute...I serve the living and true God. Receiving TARP would mean serving the American government. American Christians are so caught up with the culture that we think that blessings come in the form of TARP money from the government. We end up serving them, idols, instead of the true and living God. Our TARP money will come from God. There is no TARP for you and me. If you are in debt you made a vow to God, not just to a company you promised to pay. That vow was, "I will pay!" There is no TARP...so what do I do when I don't get no TARP?
Top ten list of things we should have been doing all along..:
1. TITHE..Give! The one tangible way that you can show your faith in God. The TITHE is for your local church. If everything is God's (PS 24:1), then your paycheck is His, but he only wants you to give back 10% (more if you want) and you get the rest...what a deal.
2. SAVE! You should have 6 months wages saved for a rainy day. What I mean by 6 months means, enough to live... shelter, food, clothing, and a means to work. Did you know that man's plan is the 20% plan? The average American gives 20% or more of his annual income to interest. If we saved for that "thing"...we pay at least 20% less... wow!
3. Get on a BUDGET. get trained, get on some type of program and stay on it. Dave Ramsey or Crown Financial have great training. You can even get on software that guides you like a GPS to debt freedom. Check out http://www.howiownitnow.com/
4. RECONCILE your accounts. Know where you stand on both sides of the ledger. I tell young people that if they reconcile their account monthly they will be financially successful. All the financially successful people I know (most are just middle class Americans) know how much money they have and how much money they owe. Reconcile your accounts with people. Forgive and get forgiven. Reconcile your account with God, If your not a believer, get saved.
5. Get out of DEBT! Ps 15:5 says "He that putteth not out his money to usury, nor taketh reward against the innocent, He that doeth these things whall never be moved." If you are in debt you can be moved... to sin. If you own it they can't take it.
6. SIMPLIFY! Get rid of the stuff that causes you stress or pain in your life. Luke 12:15 "take heed, and beware of covetousness: for a man's life consisteth not in the abundance of the things which he possesseth"; Prov 26:20 "Where no wood is, there the fire goeth out: so where there is no talebearer, the strife ceaseth." And where there is no stuff, tyranny ceases; Prov 19:23 "The fear of the Lord tendeth to life: and he that hath it shall abide satisfied; he shall not be visited with evil."
7. STORE up food and water. Go to the Ant thou sluggard... Prov 6:6-11, Prov 30:25. Learn to garden. Have a victory garden. During WWII people were encouraged to have gardens so more food could go the war effort. Have a garden and put more toward the war on debt!
8. REACH-OUT into the community, through your church, the Rescue Mission, Food Bank, give the man on the corner with a sign a track with a dollar. Get the focus off yourself and onto others; be others focused. Matt 28:18-20 The great commission. Share the gospel with a lost sinner.
9. Be FAITHFUL in Church. Keep going to the place where you can be with other believers, the place that preaches from the Word of God. Heb 10:25 "Not forsaking the assembling of ourselves together, as the manner of some is; but exhorting one another: and so much more, as ye see the day approaching."
10. Don't forget that we are VICTORIOUS; we have already won...we are occupying enemy territory. Christ told us to occupy til he comes. We are just waiting for our ride home. We are to watch and pray (and quibble). Quibbling is standing up for the faith and the Word of truth. 1 Thes 1:10" to wait for the Son from heaven..." He is coming to get us...from Heaven.
What do you think about when you read that the government is going to use our tax money, yep, right out of your back pocket and give it to your neighbor? I think how can I get my TARP. How can I screw my neighbor out of his money? Can I just stop paying my mortgage? Can I just file bankruptcy because I'm tired of paying back the money I borrowed from my neighbor (through the bank) and screw the bank? what a novel thought, because haven't the banks been screwing us...? What can I do to get my TARP?
Wait a minute...I serve the living and true God. Receiving TARP would mean serving the American government. American Christians are so caught up with the culture that we think that blessings come in the form of TARP money from the government. We end up serving them, idols, instead of the true and living God. Our TARP money will come from God. There is no TARP for you and me. If you are in debt you made a vow to God, not just to a company you promised to pay. That vow was, "I will pay!" There is no TARP...so what do I do when I don't get no TARP?
Top ten list of things we should have been doing all along..:
1. TITHE..Give! The one tangible way that you can show your faith in God. The TITHE is for your local church. If everything is God's (PS 24:1), then your paycheck is His, but he only wants you to give back 10% (more if you want) and you get the rest...what a deal.
2. SAVE! You should have 6 months wages saved for a rainy day. What I mean by 6 months means, enough to live... shelter, food, clothing, and a means to work. Did you know that man's plan is the 20% plan? The average American gives 20% or more of his annual income to interest. If we saved for that "thing"...we pay at least 20% less... wow!
3. Get on a BUDGET. get trained, get on some type of program and stay on it. Dave Ramsey or Crown Financial have great training. You can even get on software that guides you like a GPS to debt freedom. Check out http://www.howiownitnow.com/
4. RECONCILE your accounts. Know where you stand on both sides of the ledger. I tell young people that if they reconcile their account monthly they will be financially successful. All the financially successful people I know (most are just middle class Americans) know how much money they have and how much money they owe. Reconcile your accounts with people. Forgive and get forgiven. Reconcile your account with God, If your not a believer, get saved.
5. Get out of DEBT! Ps 15:5 says "He that putteth not out his money to usury, nor taketh reward against the innocent, He that doeth these things whall never be moved." If you are in debt you can be moved... to sin. If you own it they can't take it.
6. SIMPLIFY! Get rid of the stuff that causes you stress or pain in your life. Luke 12:15 "take heed, and beware of covetousness: for a man's life consisteth not in the abundance of the things which he possesseth"; Prov 26:20 "Where no wood is, there the fire goeth out: so where there is no talebearer, the strife ceaseth." And where there is no stuff, tyranny ceases; Prov 19:23 "The fear of the Lord tendeth to life: and he that hath it shall abide satisfied; he shall not be visited with evil."
7. STORE up food and water. Go to the Ant thou sluggard... Prov 6:6-11, Prov 30:25. Learn to garden. Have a victory garden. During WWII people were encouraged to have gardens so more food could go the war effort. Have a garden and put more toward the war on debt!
8. REACH-OUT into the community, through your church, the Rescue Mission, Food Bank, give the man on the corner with a sign a track with a dollar. Get the focus off yourself and onto others; be others focused. Matt 28:18-20 The great commission. Share the gospel with a lost sinner.
9. Be FAITHFUL in Church. Keep going to the place where you can be with other believers, the place that preaches from the Word of God. Heb 10:25 "Not forsaking the assembling of ourselves together, as the manner of some is; but exhorting one another: and so much more, as ye see the day approaching."
10. Don't forget that we are VICTORIOUS; we have already won...we are occupying enemy territory. Christ told us to occupy til he comes. We are just waiting for our ride home. We are to watch and pray (and quibble). Quibbling is standing up for the faith and the Word of truth. 1 Thes 1:10" to wait for the Son from heaven..." He is coming to get us...from Heaven.
Tuesday, January 27, 2009
The Two Reasons: good and real.
Eph 4:14,15 "...henceforth be no more children....by the sleight of men, and cunning craftiness...but speaking the truth..."
JP Morgan said: "Men have two reasons for doing a thing: the good one and the real one."
Has your wife ever asked you, "how does this dress look?" You reply, "gee, honey, you look great in that dress." What you really mean is that green dress is the ugliest I have ever seen. But you lie to save your marriage.
I have for years told my wife that I go hunting because I like bonding with my buddies, to bond with nature, enjoying the great outdoors, or telling stories by the campfire. Most hunting trips I come home empty handed. I try to hide my disappointment. Why? Because the real reason I go hunting is to kill something.
Those of us working just love our jobs, right? As long as they pay us. We will tell our customers how much our product will help them, how much we believe in our product because it helps them, and look how much it has helped us, right? But the real reason we sell a product isn't really for them, it is because we want to get paid. It is really for the money.
A pastor friend of mine told me a story once that further illustrates this point. He was in a car with 4 other pastors in downtown Dallas, Texas. One of the Pastors blurted out, "Wow, look at that great looking women!" Which they all looked and agreed, wow! (even Pastors are human) However, one of the men piously said, "I didn't notice anything, I don't look at other women." The driver then quickly pulled over and ordered the pious man out. He said, "get out because your are either a homosexual or a liar!" Even though the man was morally right, he was still a man (I think).
Have you ever over drafted your account? Of course you have, most people have made the mistake at least once. You go into your banker and you ask if they can reverse that $500 dollar overdraft charge. They might ask you why? You will tell them, "I thought I had enough money in my account." That is a perfectly good answer to his question. You do not want to tell him the real reason is because you forgot to write down a debt card purchase you made. You give them a perfectly good reason, because if they knew the real reason they would say sorry, but it isn't our job to keep track of your account.
This one might hurt some of you... You refinance your house to pay off all the consumer debt your have incurred. You are really coy about this one. Your refinancing your debt because you got a lower interest rate, and you might as well include all your debt. Good reason. You have now extended that 5 year car loan out 30 years, but that is okay. Because you know that the real reason is that if you go one more month with all the debt you have incurred your next stop might be a bankruptcy.
One more and I will let you go... The new candidate for President says that his plan will provide 5 zillion jobs in the next few years. He says that because that is what we want, a job or what he thinks we want to hear. That is a good reason. The real reason he says that is that he wants to be elected, and really has not a clue that his plan would work, but he did get elected.
I think that if we lived by the truth we would keep our mouths shut, be better citizens, do better work, accept responsibility, get ourselves in less trouble, live simpler lives, and just be better off.
JP Morgan said: "Men have two reasons for doing a thing: the good one and the real one."
Has your wife ever asked you, "how does this dress look?" You reply, "gee, honey, you look great in that dress." What you really mean is that green dress is the ugliest I have ever seen. But you lie to save your marriage.
I have for years told my wife that I go hunting because I like bonding with my buddies, to bond with nature, enjoying the great outdoors, or telling stories by the campfire. Most hunting trips I come home empty handed. I try to hide my disappointment. Why? Because the real reason I go hunting is to kill something.
Those of us working just love our jobs, right? As long as they pay us. We will tell our customers how much our product will help them, how much we believe in our product because it helps them, and look how much it has helped us, right? But the real reason we sell a product isn't really for them, it is because we want to get paid. It is really for the money.
A pastor friend of mine told me a story once that further illustrates this point. He was in a car with 4 other pastors in downtown Dallas, Texas. One of the Pastors blurted out, "Wow, look at that great looking women!" Which they all looked and agreed, wow! (even Pastors are human) However, one of the men piously said, "I didn't notice anything, I don't look at other women." The driver then quickly pulled over and ordered the pious man out. He said, "get out because your are either a homosexual or a liar!" Even though the man was morally right, he was still a man (I think).
Have you ever over drafted your account? Of course you have, most people have made the mistake at least once. You go into your banker and you ask if they can reverse that $500 dollar overdraft charge. They might ask you why? You will tell them, "I thought I had enough money in my account." That is a perfectly good answer to his question. You do not want to tell him the real reason is because you forgot to write down a debt card purchase you made. You give them a perfectly good reason, because if they knew the real reason they would say sorry, but it isn't our job to keep track of your account.
This one might hurt some of you... You refinance your house to pay off all the consumer debt your have incurred. You are really coy about this one. Your refinancing your debt because you got a lower interest rate, and you might as well include all your debt. Good reason. You have now extended that 5 year car loan out 30 years, but that is okay. Because you know that the real reason is that if you go one more month with all the debt you have incurred your next stop might be a bankruptcy.
One more and I will let you go... The new candidate for President says that his plan will provide 5 zillion jobs in the next few years. He says that because that is what we want, a job or what he thinks we want to hear. That is a good reason. The real reason he says that is that he wants to be elected, and really has not a clue that his plan would work, but he did get elected.
I think that if we lived by the truth we would keep our mouths shut, be better citizens, do better work, accept responsibility, get ourselves in less trouble, live simpler lives, and just be better off.
Monday, January 19, 2009
I Am...wretched, miserable, poor, naked, and blind
Rev 3:16-17 So then because thou art lukewarm, and neither cold nor hot, I will spue thee out of my mouth. Because thou sayest, I am rich, and increased with goods, and have need of nothing; and knowest not that thou art wretched, and miserable, and poor, and blind, and naked:
Do I really need to comment...read the verse again. I am pointing one finger out, but three are pointing back at me. I am an American and I know this verse applies because it applies to me. How much time have I spent praying before the Lord in the recent past except at dinner and church. Have I led my family in devotions recently? Have I given up a Sunday service for football, skiing, or riding our motorized toys? How long has it been since I opened the Word outside of a Church service? But I'm happy...
I have spent my kids inheritance on high maintenance stuff that only causes worry and pain. I don't have any money, but I have a lot of stuff. Randy Alcore in his book, "Treasure Principles," has an entire chapter on the tyranny of stuff.; how it owns us amid How it requires our time and money. But I'm happy...
But…wait, how did they pay for everything? They have a mortgage of $300,000 with a payment of $1600 per month. The truck payment is $500 and the car payment is $300 per month. The vehicles sitting in the back have payments of $1000 per month. The department store bill where they bought the big screen TV is $200 per month. They owe $10,000 in credit card bills amounting to another $400 per month. The daycare bill is $800 per month. That is whopping $4800 per month without getting to most of the essentials. They aren’t millionaires, they are debtors. Mommy wants to be a stay at home mom, but the “want” bills are to high, so she has to work to take care of the needs…of the lenders. You get what you want, but you lose what you need. Robert E. Lee said, “you are free to act as much as you are free from debt.”
A debtor gets what he want, but may lose the things that are of real value. In the great real estate bust of 2007 people are loosing their homes, cars, and work. Families are breaking up because of debt. Did the stuff really make a difference to what you really value or did it represent what you value? Are we wretched, miserable, poor, naked and blind?
You’ve heard it before, “who ever dies with the most toys wins,” but in reality he still dies. We have a society that is over indulgent and selfish. This state of want has created a debt monster that is now uncontrollable. We doubled mortgage debt in only 6 years between 2001 and 2007 from 4.9 trillion to 10.2 trillion. Consumer debt (autos, credit card, etc.) has risen from 1.7 trillion in 2001 to 2.6 trillion in 2007. This is little deceiving because many people have rolled consumer debt into home equity to the tune of 2 trillion dollars since 2001. In January of 2008 52% of all homes for sale in California were foreclosures. We have been duped to think that the American dream is owning things. Are we wretched, miserable, poor, naked, and blind?
Rev 3:20 "Behold, I stand at the door, and knock: if any man hear my voice, and open the door, I will come in to him, and will sup with him, and he with me." We can change. Look to the author and finisher of our faith: Jesus Christ.
Do I really need to comment...read the verse again. I am pointing one finger out, but three are pointing back at me. I am an American and I know this verse applies because it applies to me. How much time have I spent praying before the Lord in the recent past except at dinner and church. Have I led my family in devotions recently? Have I given up a Sunday service for football, skiing, or riding our motorized toys? How long has it been since I opened the Word outside of a Church service? But I'm happy...
I have spent my kids inheritance on high maintenance stuff that only causes worry and pain. I don't have any money, but I have a lot of stuff. Randy Alcore in his book, "Treasure Principles," has an entire chapter on the tyranny of stuff.; how it owns us amid How it requires our time and money. But I'm happy...
But…wait, how did they pay for everything? They have a mortgage of $300,000 with a payment of $1600 per month. The truck payment is $500 and the car payment is $300 per month. The vehicles sitting in the back have payments of $1000 per month. The department store bill where they bought the big screen TV is $200 per month. They owe $10,000 in credit card bills amounting to another $400 per month. The daycare bill is $800 per month. That is whopping $4800 per month without getting to most of the essentials. They aren’t millionaires, they are debtors. Mommy wants to be a stay at home mom, but the “want” bills are to high, so she has to work to take care of the needs…of the lenders. You get what you want, but you lose what you need. Robert E. Lee said, “you are free to act as much as you are free from debt.”
A debtor gets what he want, but may lose the things that are of real value. In the great real estate bust of 2007 people are loosing their homes, cars, and work. Families are breaking up because of debt. Did the stuff really make a difference to what you really value or did it represent what you value? Are we wretched, miserable, poor, naked and blind?
You’ve heard it before, “who ever dies with the most toys wins,” but in reality he still dies. We have a society that is over indulgent and selfish. This state of want has created a debt monster that is now uncontrollable. We doubled mortgage debt in only 6 years between 2001 and 2007 from 4.9 trillion to 10.2 trillion. Consumer debt (autos, credit card, etc.) has risen from 1.7 trillion in 2001 to 2.6 trillion in 2007. This is little deceiving because many people have rolled consumer debt into home equity to the tune of 2 trillion dollars since 2001. In January of 2008 52% of all homes for sale in California were foreclosures. We have been duped to think that the American dream is owning things. Are we wretched, miserable, poor, naked, and blind?
Rev 3:20 "Behold, I stand at the door, and knock: if any man hear my voice, and open the door, I will come in to him, and will sup with him, and he with me." We can change. Look to the author and finisher of our faith: Jesus Christ.
Tuesday, January 13, 2009
The Gift Givers...
Proverbs 19:6 "Many will entreat the favor of the prince: every man is a friend to him that givith gifts."
Do you remember the story of Hansel and Gredel? They were led along by the good gifts. How about Edward in, "the Lion, the Witch and the Wardrobe," being given the good gifts "turkish delight" by the witch. Now we have the US Government giving the good gifts of money. Are we becoming the friend of the gift giver?
President Bush last spring gave his friends, the American people, a gift. He with the permission of congress gave each of us about $600. That was very generous. He just went to his buddy Bernanke and said get the printing presses ready, "I'm fellin' generous." I became a friend of the gift givers.
My neighbors are behind in their mortgage payment and their house is upside down, meaning they owe more than it is worth. This makes them eligible for a little help from their friends. The gift givers want to forgive them the difference between what they owe and what the value of their home is now plus give them a new loan with an affordable new payment. Isn't that nice! They want to be friends of the gift givers.
As far as I can tell Morgan Stanley, who was the first recipient of the TARP money, is going to help out Citibank, another recipient of TARP money, by taking off it's hands Smith Barney, Citibanks brokerage arm for a mere $10 billion. That's right...Citibank was the one who, with the gift givers backing, was going to buy Wachovia bank. What tangled webs we weave. Morgan Stanley was on the verge of bankruptcy last fall as well. Now they are brokering deals with the help of their friends the gift givers.
I read the other day that the porn king (Larry Flint) and his friends were asking the government for their share (5 billion) of the TARP funds, citing that the economy has affected their industry also. They would like to be the friends of the gift givers.
Once we get fattened up by the gift giver will we be in any position to resist anything that they want to push upon us?
Do you remember the story of Hansel and Gredel? They were led along by the good gifts. How about Edward in, "the Lion, the Witch and the Wardrobe," being given the good gifts "turkish delight" by the witch. Now we have the US Government giving the good gifts of money. Are we becoming the friend of the gift giver?
President Bush last spring gave his friends, the American people, a gift. He with the permission of congress gave each of us about $600. That was very generous. He just went to his buddy Bernanke and said get the printing presses ready, "I'm fellin' generous." I became a friend of the gift givers.
My neighbors are behind in their mortgage payment and their house is upside down, meaning they owe more than it is worth. This makes them eligible for a little help from their friends. The gift givers want to forgive them the difference between what they owe and what the value of their home is now plus give them a new loan with an affordable new payment. Isn't that nice! They want to be friends of the gift givers.
As far as I can tell Morgan Stanley, who was the first recipient of the TARP money, is going to help out Citibank, another recipient of TARP money, by taking off it's hands Smith Barney, Citibanks brokerage arm for a mere $10 billion. That's right...Citibank was the one who, with the gift givers backing, was going to buy Wachovia bank. What tangled webs we weave. Morgan Stanley was on the verge of bankruptcy last fall as well. Now they are brokering deals with the help of their friends the gift givers.
I read the other day that the porn king (Larry Flint) and his friends were asking the government for their share (5 billion) of the TARP funds, citing that the economy has affected their industry also. They would like to be the friends of the gift givers.
Once we get fattened up by the gift giver will we be in any position to resist anything that they want to push upon us?
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