Washington DC - March 31, 2008 - Big news release focused on a proposal by the Bush administration to do a major "make over" of the financial regulatory system -- about the biggest thing yet since that infamous "crash" of 1929! Treasury Secretary Paulson had a 218-page plan (could you expect anything less from the federal government?) which spelled out the way the Federal Reserve will do this new "regulating." Its additional tentacles will now reach all the way down to local insurance agents and mortgage brokers!
It can very well be documented by a fully authoritative and totally reliable source -- if you are in agreement with and obedient to Almighty God, then things go rather well and blessings are experienced in great abundance. BUT if you are not in agreement with God and persist in ignoring His spiritual, moral and ethical standards for a sane, strong, stable, sensible, satisfying, serene, superior and successful cultural experience, then chaos and calamity will be the inevitable outcome!
Persons in elective or appointive positions of power and authority in the republic of the United States have yet to learn a very fundamental fact as best expressed by a man named Jeremiah who lived a long time ago and witnessed first hand what happens when a culture says a loud and very defiant "No!" to God one time too many! Listen to this:
O LORD, I know the way of man is not in himself; it is not in man who walks to direct his own steps. --- Jeremiah 10:23
The Federal Reserve time and again has stepped in and cut interest rates -- then the DOW rebounds a bit, but then slips back into the red. The "news" of the impending major "overhaul" will probably bring the DOW back into the green area, but for how long?
When money has become a prominent "god" in any culture, the time comes when the living God does some things which are a shocking reminder that when you embark on a course of pleasure seeking, materialistic expansion and money grabbing while at the same time you draw your moral standards out of a sewer and you don't blink an eye at the destruction of a hundred thousand of your future citizens per month, a price will always be paid! No person and no culture has ever beat the law of sowing and reaping yet and none ever will -- the law applies whether we want to acknowledge it or not -- there is always a pay day someday, for each person and each nation!
It appears that the line to the pay out window has been forming for quite some time and the question will increase in volume all the while -- "Why is God doing these things to us?"
The overhaul of the Federal Reserve and granting of more powers to that financial albatross around our republic's neck will be as effective as a doctor slapping a band aid on the finger of a terminal cancer patient, giving him an aspirin tablet and then saying, "You look fine, come back and see me tomorrow and we'll check how much you have improved!"
"The instant I speak concerning a nation and concerning a kingdom, to pluck up, to pull down, and to destroy it, if that nation against whom I have spoken turns from its evil, I will relent of the disaster that I thought to bring upon it. And the instant I speak concerning a nation and concerning a kingdom, to build and to plant it, if it does evil in My sight so that it does not obey My voice, then I will relent concerning the good with which I said I would benefit it. Now therefore, speak to the men of Judah and to the inhabitants of Jerusalem, saying, 'Thus says the LORD: "Behold, I am fashioning a disaster and devising a plan against you. Return now every one from his evil way, and make your ways and your doings good."' And they said, "That is hopeless! So we will walk according to our own plans, and we will every one do the imagination of his evil heart." --- Jeremiah 18:7-12