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An interesting perspective from a businessman in Maryland.  Of course, his opinions, as expressed, are his own, but there is a reason I chose to reprint this here (originally posted with permission at RedPill):

April 9, 2009

The White House
1600 Pennsylvania Avenue NW
Washington , DC 20500

Mr. Obama:

I have had it with you and your administration, sir. Your conduct on your recent trip overseas has convinced me that you are not an adequate representative of the United States of America collectively or of me personally.

You are so obsessed with appeasing the Europeans and the Muslim world that you have abdicated the responsibilities of the President of the United States of America.

You are responsible to the citizens of the United States. You are not responsible to the peoples of any other country on earth. I personally resent that you go around the world apologizing for the United States and telling Europeans that we are arrogant and do not care about their status in the world. Sir, what do you think the First World War and the Second World War were all about if not the consideration of the peoples of Europe? Are you brain dead? What do you think the Marshall Plan was all about?
Do you not know or understand the history of the 20th century?

Where do you get off telling a Muslim country that the United States does not consider itself a Christian country? Have you not read the Declaration of Independence or the Constitution of the United States? This country was founded on Judeo-Christian ethics, and the principles governing this country, at least until you came along, come directly from this heritage. Do you not understand this?

Your bowing to the king of Saudi Arabia is an affront to all Americans. Our President does not bow down to anyone, let alone the king of Saudi Arabia. You don’t show Great Britain, our best and one of our oldest allies, the respect they deserve yet you bow down to the king of Saudi Arabia. How dare you, sir! How dare you!

You can’t find the time to visit the graves of our greatest generation because you don’t want to offend the Germans but make time to visit a mosque in Turkey. You offended our dead and every veteran when you give the Germans more respect than the people who saved the German people from themselves. What’s the matter with you?

I am convinced that you and the members of your administration have the historical and intellectual depth of a mud puddle and should be ashamed of yourselves, all of you. You are so self-righteously offended by the big bankers and the American automobile manufacturers yet do nothing about the real thieves in this situation, Mr. Dodd, Mr. Frank, Franklin Raines, Jamie Gorelic, the Fannie Mae bonuses, and the Freddie Mac bonuses. What do you intend to do about them? Anything? I seriously doubt it.

What about the U.S. House members passing out $9.1 million in bonuses to their staff members — on top of the $2.5 million in automatic pay raises that lawmakers gave themselves? I understand the average House aide got a 17% bonus. I took a 5% cut in my pay to save jobs with my employer.

You haven’t said anything about that. Who authorized that? I surely didn’t! Executives at Fannie Mae and Freddie Mac will be receiving $210 million in bonuses over an eighteen-month period, that’s $45 million more than the AIG bonuses. In fact, Fannie and Freddie executives have already been awarded $51 million — not a bad take. Who authorized that and why haven’t you expressed your outrage at this group who are largely responsible for the economic mess we have right now.

I resent that you take me and my fellow citizens as brain-dead and not caring about what you idiots do. We are watching what you are doing and we are getting increasingly fed up with all of you. I also want you to know that I personally find just about everything you do and say to be offensive to every one of my sensibilities. I promise you that I will work tirelessly to see that you do not get a chance to spend two terms destroying my beautiful country.

Sincerely,
Franklin T. Bell, CFM, RPA, FMA
7239 Swan Point Way
Columbia, MD 21045

While I’m never really one for government regulation (yes, I’m a Reagan conservative), I have to praise the President for his recent legislation forcing more transparency from the credit card companies.

I want to be clear about this:  Credit card companies provide a valuable service; we don’t begrudge them turning a profit.  We just want to make sure that they do so while upholding basic standards of fairness, transparency, and accountability.  Just as we demand credit card users to act responsibly, we demand that credit card companies act responsibly, too.  And that’s not too much to ask.

obama_sc_04_01_2007-731285And that’s why, because of this new law, statements will be required to tell credit card holders how long it will take to pay off a balance and what it will cost in interest if they only make the minimum monthly payments.  We also put a stop to retroactive rate hikes that appear on a bill suddenly with no rhyme or reason.

Every card company will have to post its credit card agreements online, and we’ll monitor those agreements to see if new protections are needed.  Consumers will have more time to understand their statements as well:  Companies will have to mail them 21 days before payment is due, not 14.  And this law ends the practice of shifting payment dates.

Lastly, among many other provisions, there will be no more sudden charges — changes to terms and conditions.  We require at least 45 days notice if the credit card company is going to change terms and conditions.”

I would disagree with some of what President Obama said.  For starters, I think his ongoing domestic policy proves that he doesn’t “…demand credit card users to act responsibly,” and I am afraid to praise too liberally (pun intended) this new policy, as I am sure that there are some provisions that are not necessarily for the benefit of consumers.

Further, if you’re going to force some regulation, I would have liked to see a strengthening/tightening of the bankruptcy rules again.  Obviously, the most recent changes didn’t help as bankruptcies were on the rise even before we got into this time of “economic challenge.”

And I’m still waiting to see someone in Washington or the media start looking at our economic futures positively – there is a future, things will get better, but only if we stop wallowing and start telling people they can have hope – REAL hope.

Well, at least he’s not using the regulation as leverage to take over Mastercard, Visa & American Express… At least not YET.

Our friend Phil Cooke has just published an article on his site entitled, “How Confidence Can Change Everything in this Economy.”  He points out what economist Ben Stein (yes, he is much more than the teacher from Ferris Bueller) has said that many in our media and government seem to want to forget, that our financial system isn’t built on printing money or regulation, it’s built on confidence.

It’s a perception issue. When investors feel confidence in the market, it soars.

Of all people, Christians should be the most confident, because even in the worst circumstances, our hope isn’t in money.

Take a moment to check out Phil’s article here, then become an example of encouragement and TRUE hope in this time of economic distress.

31g64e58wal_sl150_I just posted a number of new Christian books and music on my Amazon reseller site, including a rare Mylon LeFevre and Broken Heart cassette, “Crack the Sky,” still sealed in shrinkwrap.  I’m dating myself here, but I remember buying the album before it was commercially released, at their concert back in 1987, with the NewsBoys.  Boy have times changed.  Take a moment to check out my Amazon site if you’re looking for Christian music or books, old or vintage.  Thanks!


Getting ready for Saturday’s Job & Finance Fair in Cape Coral, 10-2 at Family of God Church: http://www.Familyofgod.us

Carl Emerson, over at Freedom Analysis, posted an extremely insightful article on the “stimulus” debate that I wanted to share with my readers.  Regardless of your political leanings, this is something you need to consider…

The Kool-Aid is flowing in Washington, D.C.

Sadly, lawmakers are actually batting around the notion of passing what is currently being estimated as an $800 Billion “stimulus” package.

First let me say that if we actually had $800 Billion “in the bank,” as it were, my opinion on this might be different. But the fact of the matter is that we are talking about borrowing this money… on top of all of the money we’ve already borrowed.

And before you write off my opinion as somehow “partisan” or otherwise neatly in support of one “side” or the other in this debate, let me hit you with a bit of common sense:

You can’t borrow your way out of debt.

This is a lesson learned the hard way. I’ve tried it. Let me tell you… it simply doesn’t work.

A National Addiction

We — as a nation — are addicted to debt. And so far we — as a nation — have not felt the sting of it. Sure… many families have learned that excessive borrowing against an asset which varies in value can land you in foreclosure.  That stings.  But as a nation, we’ve not yet faced the painful consequences of all the borrowing that we have done.

This is precisely why we continue to debate this bill as though it were actually a plausible solution.

Once you realize that you have a harmful addiction, you must do any and everything in your power to end the addiction. No matter how painful it may seem (or actually be).

But we — as a nation — have decided that more of our destructive vice is preferable to detox.

The fact is that it used to be a shame to “mortgage the farm.” It meant that you had managed things poorly. It meant that you had not planned well enough for the future. It meant that you weren’t planning well enough for your heirs.

Granted, in an agricultural enterprise, there are years (and sometimes series of years) where drought or other conditions affect the crops and things go badly. But everyone knows this and it’s all the more reason why shrewd farmers plan for it by storing things up.

But our pattern of handing off responsibility every few years and electing leaders — at the national or state level, in all branches of government — who are more concerned about short-term results, their approval ratings and their “legacies” than they are about the real impact of their decisions has made it all too easy to dig ourselves deeper and deeper into this devastating hole.

And whether it’s been done ignorantly or with complicity, we the people have enslaved ourselves through the actions of these leaders.

It’s been done by Republicans and Democrats alike. It’s been done by Independents and others. It’s all too easy to simply borrow more than it is to address the real issues. And as anyone who treated their home equity like an ATM machine during the real estate boom years can tell you, it’s all fine and good until you can’t borrow anymore.

And then the pain of dealing with the real issues is far greater because of the multiplied impact of the debt.

As the ancient proverb says:

The borrower is servant to the lender.

We have enslaved ourselves. And most of us don’t even know it yet. We’ll realize it one day when we wake up with the sting and the scars of the whip extracting its “pound of flesh.” And we’ll have no one to blame but ourselves.

This morning, I am reposting an interesting e-mail I received from Pastor Andy at Irving Bible Church, outside of Dallas, Texas.  Please enjoy his thoughts on character & taxes:

Andy McQuitty

Pastor Andy McQuitty

My Dear Friends,

I’ve been watching with fascination the machinations of several nominees to our new administration’s cabinet in taking a run at confirmation while gamely dragging the boat anchor of unpaid personal income taxes.

Yesterday Tom Daschle, former senate majority and minority leader, withdrew his nomination as health secretary after revelations of unpaid back taxes ($140,000). This is the same man who said in a 1998 debate: “Make no mistake. Tax cheaters cheat us all, and the [Internal Revenue Service] should enforce our laws to the letter.”

This move comes after the resignation of Nancy Killefer, President Obama’s choice to fill a new job of chief performance officer, also over tax arrears. And THAT move comes a few days after Tim Geithner, his Treasury secretary, was confirmed in his job (which ironically includes oversight of the IRS!) in spite of strong opposition after he disclosed that he had cleared more than $40,000 in back taxes.

It’s annoying to me that people who wanted to be part of an administration committed to raising my taxes are evidently none too keen on paying their own. But my subject in this little screed today is not abject hypocrisy, so I shall move on.

What fascinates me about these folks is that, having been informed that they were being considered for high office, they did actually pay their taxes and got their houses in order—and thought that this Johnny-come-lately action made their prior cheating OK. It’s like a bank robber who gets nabbed during the getaway, gives the money back to the bank president and asks, “Hey now that we’re all square, I’d like to put in my application for that open teller position…”

It would seem that the words “integrity” and “character” in our day have taken on a whole new low in definition. It’s no longer “do right ‘till the stars fall”, but do what you want ‘till you get caught, then do right if you have to (and then maybe you’ll still get what you want).” Perhaps this is just one of the thorns in the side of our fallen human race—the default mode of constructing a righteous façade to conceal the unseemly reality, and then in time, coming to believe the facade instead of the reality.

This weekend IBC is considering what it means to be a true disciple of Jesus. Now there’s a subject that has to include the Christian’s proclivity to pretence. Yes, I believe that the same self-justifying rationale of “I’ll do the right thing if I have to” afflicts the Body of Christ as well as the Body Politic.  So does the hypocrisy thing. I know it afflicts me. I admit it: your pastor is never all that he seems, even to himself! (What did you expect? I’ve been working on my facade for about 40 years now…)

Nevertheless, Jesus’ gracious invitation comes to me and to you and to all His followers to, well, follow Him. Do what He does, be what He is. It’s not so much about how we look, but who we’re becoming. The comforting thing is that though none of us has arrived, our Lord is always thrilled that we’ve embarked on the journey of matching an attractive and honorable “what we appear to be” with a sincere and authentic “what we truly are”.

Oh, that reminds me to recap our “Here We Stand” message last weekend in case you missed it. It’s about what IBC believes with regard to finding relationship in the Body of Christ. . . . At IBC we believe that all Christ followers are called to build missional community by cultivating relationships with other believers. In this community we learn to know and love God, each other, and the world more deeply and accomplish our task of building Christ’s Kingdom more effectively. Claiming our place in significant relationships in the Body of Christ and using our gifts to build others up in that Body of Christ is not an optional activity for those who happen to choose it, but a command (John 13.34) and corporate calling from our Lord that we are individually responsible to fulfill.

Blessings all, I’m going to leave now and start preparing my tax return early this year,

Pastor Andy

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