Tag: bailout

mega ditto

Kevin Hendricks shares ::

Bono talks about the $700 billion bailout package:

“I am not qualified to comment on the interventions that have been put forth. I can assume these people know what they’re doing. But is is extraordinary to me that you can find $700 billion to save Wall Street and the entire G8 can’t find $25 billion to save 25,000 child who die every day of preventable treatable diseases and hunger. That is mad. Bankruptcy is a serious business. And we all know people who have lost their jobs this week, I do anyway. But this is moral bankruptcy.”

I agree with Bono on both counts: I’m not qualified to comment on the bailout yeah or nay, but I do think it’s amazing that we can shell out a ton of money for all these bailouts but we can’t spend a much smaller sum of money to save lives.

It’s much more complicated than this, but saving lives seems more important than saving the economy.

I would add this…

“Be generous. Give to the poor. Get yourselves a bank that can’t go bankrupt, a bank in heaven far from bankrobbers, safe from embezzlers, a bank you can bank on. It’s obvious, isn’t it? The place where your treasure is, is the place you will most want to be, and end up being.” – Jesus the Christ

Granted as someone pointed out in The Ordinary Radicals (great film by the way) if everyone just gave away their possessions just because they’re a Christian then it’s rather pointless. It has to be a heart issues and a heart matter. You have to be authentic about it. Don’t just give away your stuff because someone told you Christ said to. Give it away because you really feel its what you’re called to do.

The Fleecing of the American Taxpayer

From Gov. Mike Huckabee:

Dear Huck PAC family,

I ask 2 things of you right now:

First, read this email completely. I’m including my thoughts on the “bailout bill,” and I believe you will find them of interest. Second, if you agree with what I have to say, support my efforts at Huck PAC so we’ll continue to have a strong voice and we’ll have the capacity to support conservative candidates all across the nation who will stand and fight for our conservative principles … especially in times of crisis like we are facing as a nation today.

Frankly, I’m disappointed and disgusted with my own Republican party as I watch them attempt to strong-arm a bailout of some of America’s biggest corporations by asking the taxpayers to suck up the staggering results of the hubris, greed, and arrogance of those who sought to make a quick buck by throwing the dice. They lost, but want the rest of us to cover their bets so they won’t be effected in their lavish lifestyles as they figure out how to spend their tens of millions and in some cases, hundreds of millions in bonuses and compensation which was their reward for not only sinking their companies, but basically doing the same to the entire American economy.

It’s especially disconcerting to see the very people who pilloried me during the Presidential campaign for being a “populist” and not “understanding Wall Street” to now line up like thirsty dogs at the Washington, D. C. water dish, otherwise known as Congress, and plead for help. I thought these guys were the smartest people in America! I thought that taxpayers like you and I were similar to the people at the U. N. who have no translator speaking into their headset – that we just needed to trust those that I called the power bunch in the “Wall Street to Washington axis of power.”
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