Feeds:
Posts
Comments

Posts Tagged ‘markets’

Obviously there is an economic crisis.  The world is unable to borrow money.  As a result countries have stopped trading money.  People have stopped spending money.  Within weeks businesses will stop paying money to employees.  Unless something changes. 

 

The government of the United States has already acted.  They passed a $700 billion bill that, along with unnecessary tax cuts to special interests, relieves stupid and irresponsible bankers and investment agencies of their risk.  Initially confidence was back up, and the stock market regained some of its points.  I don’t know what else to call it, because there isn’t inherent value in the stock market, or money. 

 

Now the economy has regained its sense.  The people of the United States, those whose money fuels the investments and liquidity, told the government not to pass this imaginary money bill (a huge loan taken out by the US Congress in the name of the US people).  Now they are still not confident, still right that the bailout bill was the wrong thing to do.  The Congress went ahead and stole our free market.  So the stock market crashed more than it ever has before. 

 

The world is in turmoil, because most of the world owns stock in our financial stupidity.  Of course looking out your window no one seems to be in turmoil. 

 

I have been in tears.  Yesterday morning, watching news of voter fraud and financial collapse, an eerie thought crossed my mind.  Much like the compulsion to watch the news all day on September 11, 2001 and remember every event and emotion, I thought I should remember these days and their news, as though recording the last days of an era, an ideology, or a country. 

 

I’m generously predicting complete socialism in America in 3 months.  My dad says it could be sooner.  So, as a matter of fact, does President Bush.  The government has acted and will continue to act, he says with regards to the economy and the failing markets.  Our country may soon be socialist. 

 

That is, if country still means anything. 

Today the G7 world leaders are meeting to compose a unified plan for a unified global solution to the economic crisis affecting people internationally.  “In an interconnected world, no nation will gain by driving down the fortunes of another. We are in this together. We will come through it together,” Bush said. “There have been moments of crisis in the past when powerful nations turned their energies against each other or sought to wall themselves off from the world. This time is different.”

My friends don’t know who to vote for in the presidential election.  They’re discouraged with the options offered by major political parties.  We all know that neither candidate will accomplish much of anything toward fixing the massive problems in our government and economy (financial markets and health care), nor will they actually do much of anything for the social interests of people (education, immigration, abortion, and marriage).  The best answer I have is that it won’t matter what we vote.  Our government is rapidly running away from republican principles, the Constitution, and even its national existence. 

Have a good day. 

(My personal philosophy is that whatever is out of my control is in God’s.  He has the future thoroughly planned, and has revealed the end of the world in His word in several places.  What’s more, my personal welfare and provision is securely in his good hands, not ultimately in the government’s.  Whatever happens, however discouraged I may be by world events, I can trust His sovereignty, goodness, and grace.) 

To God be all glory,

Lisa of Longbourn

Advertisements

Read Full Post »