SIN: The ULTIMATE Bailout !!
It hit me today as I was listening to the news. They said "Banks in Europe are now being asked to VOLUNTARILY reduce the interest rate on any Greek Bonds they may hold."
So THIS is what went through my mind:
*SAVE ME !
*Bail ME Out!
*Bail out EVERYBODY!
*For everyone....ANYONE...... who has done thoughtless financial things.....BAIL THEM ALL OUT!
Bail them out before they FAIL....regardless of the fact that they brought on their problems themselves!
Ah.....but that's NOT fair to the other people....to the nations....that were more prudent. (Ah, my favorite parable......about the workers in the field....who were all paid the SAME wage for the day, no matter how many hours they worked.....!!)
Who said "Life was Fair?"
And then it hit me:
This is just like my/our/all of our......SINS!
And we cry out..
LORD....BAIL ME OUT!
LORD....though I have known your Word...I have known what I "should" do......
I should have been more prudent.......I could have been more prudent....but I was not....
...I have NOT done so.........every day.....in some way..big or small..... LORD, I have sinned.
LORD...I am a sinner........
Nonetheless Lord....I still ask you....every day....LORD, Save Me from my sins.....Lord, Bail ME out!
Please SAVE me from my sins......LORD....please BAIL ME OUT......again and again.......every day I need you.
Hmmmmm...maybe there is a lesson to be learned about SIN.....about God's Grace....about what Jesus Christ did for ME on the cross........... in this world-wide financial Bail out!! ??
PS....in the "real world" context of this world-wide financial SELF IMPOSED mess...can you believe it??
Here you have Greece.........the shadow of things to come for MANY Western Nations...including the United States...
And banks who legitimately own Greek bonds are seriously being asked to VOLUNTARILY reduce the interest they will pay on the bonds they own. CAN YOU BELIVE IT??! ! Isn't that ABSURD ??!! Now, who do you think will VOLUNTARILY choose to do that???
When I look at the Greek problem...this is what I see:
1) Greece has one of the youngest retirement programs of any nation. Age 55 I think??
2) So, the Greeks created this wonderful early retirement program......isn't that nice....
3) And so.....their "unfunded federal liabilities" (can you say Social Security Program?) helped them get to the point where their Federal Expenses were way MORE than their income (taxes).
4) And now the riots in Greece. Why? NO ONE wants to take less than they were promised.
5) And all the "creative financing" (can you say SHADY financiing" they did in the past 10-15 years just delayed this HUGE problem they now face. Hmmmmm.......incredibly, Goldman Sachs played a role in an incredible "CREATIVE ACCOUNTING" Maneuver a few years ago....... Hmmmmmm...can you say ENRON? Can you say Iceland? Irelend? Spain? Portugal? England? and the United States???)
By the way........remember when the United States Congress..in it's wisdom, STOLE money from Social Security so they could conitune to SPEND SPEND SPEND?? What about the state Lotterys?? Same thing.....that money didn't go where it was supposed to.......each state borrowed from Peter to pay Paul... and so on and so on.........UGH!!!
In the United States, like in Greece.....WHO WANTS TO BE FIRST....TO SAY THEY ARE WILLING TO TAKE LESS.....LESS THAN WHAT THEY HAVE BEEN PROMISED?? No one, I presume.....watch the fight to come if proposals are ever considered for cutbacks in Social Security, Medicare, Medicaid, Food stamps, etc, etc, etc. NO ONE will want to take LESS......it will be a huge political and financial mess, soon. TICK TOCK> !!
PPS--I just HIT me: Greece is the equivalent of the US Over-extended HOmeowner!!!! Yes??
Greece spent and spent and borrowed and borrowed...
US Homeowners (many....not all of course) spent and spent.....and borrowed and borrowed.
Greece found "easy money" in loans from other European banks and Euro countries.
US Homeowners found "easy money" in loans (lines of credit against their rising home values) from US Banks
Greece then got in trouble when it all collapsed and they got "upside down" on their balance sheets
US Homeowners got in trouble when it all collapsed and they too, got "upsdie down"
Greece was bailed out by other Euro Nations.....led by Germany.
US Homeowners got schmucked.....it's the US BANKS that got bailed out.......BY all the US taxpayers.
In essence: Greece was bailed out by the "good nations" and the US Homeowners/US Banks, were bailed out by the "good US taxpayers" who had NOT been imprudent financially.
Lots of similarities here........lots of foreshadowing of things to come in our own country.
And the TRIGGER for the BIG BLOWUP in the US????? I think it will be the RAPTURE....very soon.