Saturday, October 04, 2008

A Gift to Your Children's Children

The bailout includes much more than just the $700 billion, with every penny added to the weight of the millstone slowly drowning this once-great nation in debt. Read the 451-page bill to see the nonsense that we bequeath to our children's children.

In the Old Testament, while listing the charges God held against the residents of Judah, the prophet Isaiah warned: "Thy silver is become dross, thy wine mixed with water" (Isaiah 1:22).

Printing paper to cover debts and extend credit turns silver to dross. Paper is not real savings, and printing more cannot create the capital required to grow an economy. Yet we allow our government to add toxic waste to our money supply and spread the dross throughout the economy.

Proverbs 13:22 reads, "A good man leaveth an inheritance to his children's children." We are not leaving an inheritance of prosperity, we are leaving mounting debt; debt that will ensure that our posterity live as bond servants.

Isaiah's warnings were not heeded and God turned His back on His people.

4 comments:

Anonymous said...

Here is how the Ohio delegation vote broke down.

Democrats: Marcy Kaptur, n; Dennis Kucinich, n; Tim Ryan, y; Zack Space, y; Betty Sutton, y; Charlie Wilson, y.

Republicans: John Boehner, y; Steve Chabot, n ; Jordan, n; Hobson, y; LaTourette, n; Latta, n; Pryce, y; Regula, y; Schmidt, y; Tiberi, y; Turner, n.

So, Tiberi did the dirty deed after all.

Anonymous said...

never in a million years would i ever co-join the names "Marcy Katur" or "Dennis Kucinich" with the word "responsible".

Anonymous said...

Pelosi's press appearance on the bailout package, speaking about the importance of government regulation to solve this. Nonsense. http://news.yahoo.com/s/usnw/20081003/pl_usnw/pelosi_statement_on_passage_of_bipartisan_economic_rescue_legislation

Anonymous said...

During this financial crisis, which I fear will be worse than The Great Depression, I continue to read at Lew Rockwell's site and at Will Grigg's site. I think we are getting close to the "men's hearts failing them because of fear" stage.