Into the Fire
February 20th, 2009We’re Going to Miss the Frying Pan
Looks like the Dow is poised to open way down. Another victory for Obamanomics.
This is shocking. You can hear the fear in the voices of the hosts on CNBC.
Sometimes being right is not pleasant at all.
Now pundits are talking about inflation. Where do you go in an economy in which stocks are dead, your wages are depressed or gone, and your savings are under attack from inflation?
Frankly, I hope the anti-deflation measures bomb. At least, I hope they fail badly enough to protect responsible people who saved money and didn’t get caught up in the sleazy, ill-fated housing orgy.
My clever and sophisticated survival plan is to trust God. I think this recession is his punishment for slicing up Israel and turning away from him, and if he can punish a nation, he can protect people within that nation.
The Bible says, “The Lord knoweth the days of the upright, and their inheritance shall be forever. They shall not be ashamed in the evil time, and in the days of famine, they shall be satisfied.”
Hold on tight.
February 20th, 2009 at 10:26 AM
This is Jeff W’s wife. Jeff is cooking bacon now. How many heart bypass ratings does that account for? 🙂
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Anyway, I really like your post above. Your plan is right on, Trust God. He is in control anyway. I do believe that this is His punishment, but I don’t think people , especially those who don’t have a relationship with him, will get it. Jeff and I do. I hope people will wake up, but that remains to be seen. All we can do is pray.
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Your verse is awesome and encouraging. Thank you for that.
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February 20th, 2009 at 3:11 PM
Is it too late to buy gold? How high will it go? What’s a reasonable price and fees? Are there better commodities to put cash into?
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Sucks to be us.
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Or rather, be those who haven’t subscribed to your little plan.
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Good plan.
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February 20th, 2009 at 3:34 PM
For me, the point of buying gold isn’t to make money. It’s to have some solid currency on hand if the dollar goes to hell.
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Of course, if that happens, the dollar value of gold will skyrocket.
February 24th, 2009 at 2:42 PM
“Another victory for Obamanomics.” These days I’m more inclined to credit W, who rarely vetoed a spending bill, with putting the money down on the roulette table by encouraging bad loan and business practices and Obama (the “smart one”) for more than doubling down on a very bad bet.
It’s a pity we can’t flush and fill all the current Senators and Congressmen and prohibit any incumbent from returning to office for a decade. Newcomers couldn’t do much worse. A strong case should be made that people who have never built a company from 1 to 50 people are incapable of managing anything more than a small town. I’d also make government officials be filmed taking a test in 8th-grade algebra to establish that they have fundamental mathematic ability as a prerequisite to taxation. Quiz them on video tape about the Bill of Rights and put these tapes on YouTube. Another question, ask them to define Ponzi Scheme and the morality of seizing a percentage of one’s wages for decades under the ruse of retirement insurance and using those funds for pet social projects.