Bailout Thoughts

As the bailout has passed the Senate and the House, it appears to be the law of the land. $700,000,000,000.00 dollars. That’s a lot of zeros. “700 Billion” doesn’t look as bad as $700,000,000,000.00 does it? It seems that everyone is now lining up for money because of the credit crisis. California is asking for $7 Billion ($673B left) to “pay for teachers salaries, nursing homes, law enforcement and ever other state-funded service” [emphasis mine].

Two quotes are applicable:

“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
-Thomas Jefferson, Letter to the Secretary of the Treasury Albert Gallatin (1802)

“The money power preys upon the nation in times of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. Corporations have been enthroned, an era of corruption will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people, until the wealth is aggregated in a few hands, and the republic destroyed.”
– Abraham Lincoln, November 21, 1864, a letter to William F. Elkins

Telling indeed.

And now to read about others blaming religion for making them financially insolvent due to "Prosperity theology". The thought “that God would ‘make a way’ for poor people to enjoy the better things in life” is more than a little disconcerting. The way is, and always has been, work. There are no entitlements. You deserver absolutely nothing in life. And some of the things that are most important to you will be suddenly and mercilessly taken away from you. God didn’t want you to get a house. God didn’t want your loved one to die. Let me be perfectly clear in my belief on this:

God doesn’t act.

He cares, okay. Fine. I’ll go with that. But if God’s hand is at work everywhere, then free will cannot exist. And saying “it’s God’s way” is another means for one to absolve themselves of responsibility for the actions that the take on a daily basis.

Take responsibility for yourself. Live within your means. Strive to improve your situation. Don’t give up on life. Don’t expect a handout. And don’t blame God for your problems.

People are to blame.

  1. Dyra says:

    the consecration would lead its memrebs to strange places. Haha, yeah, I'll say. I'm sure everyone who has made that consecration has interesting stories to tell This is . an incredible article, and the answer to many prayers today. Man, what can I say but Totus tuus, Jesus and Mary, you're hilarious! This article is a grace-transmitter. In reading this, I have had my own consecration to Mary, and baptism in the Holy Spirit, renewed. And in fact, all of your WYD videos on BadCatholic brought about the reception of a lot of grace. So, thanks Marc (and Elaine) for letting God work through you! Viva viva viva Maria!

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