Bailouts

A Team Obama official says the FDIC may run out of money, so others wearing an “O” on their jerseys step forward with yet another bailout proposal … for the FDIC. Meanwhile, a congressional committee evaluates an Obama plan to bail out people with bad mortgages and says the plan doesn’t get to the heart of the matter, those homeowners who are “under water” (they owe more than their homes are worth).

Meanwhile, Obama himself is talking about … healthcare, spouting off nonsensical statements that “every 30 seconds in America a company goes bankrupt because of high healthcare costs.” That’s almost as unreal as the statement that the so-called stimulus bill will create “or save” 4 million jobs (there’s no way to count saved jobs).

One begins to get the idea that it’s the administration and its daily plans that are “under water.” At the very least, the president seems to be in over his head. Time to get a bucket, everyone, and do some real bailing.

About Stan Guthrie

Stan Guthrie is an editor at large for Christianity Today magazine and for the Chuck Colson Center for Christian Worldview. His latest book is God's Story in 66 Verses. He also is author of All that Jesus Asks: How His Questions Can Teach and Transform Us, Missions in the Third Millennium: 21 Key Trends for the 21st Century, and A Concise Guide to Bible Prophecy. He is co-author of The Sacrament of Evangelism. Besides authoring, writing, and editing books, Stan is a literary agent, bringing together good authors, good books, and good publishers. Stan writes the monthly Priorities colum for BreakPoint.org. He has appeared on National Public Radio's €œTell Me More,€ WGN's Milt Rosenberg program, and many Christian shows, including The Eric Metaxas Show and Moody Radio'€™s €œNew Day Florida.€ A licensed minister and an inspirational speaker, he served as moderator for the Christian Book Expo panel discussion, Does the God of Christianity Exist, and What Difference Does It Make?
This entry was posted in Thought of the Day. Bookmark the permalink.

Leave a Reply

Your email address will not be published.