How bad is the housing market? Can you describe it in real economic terms? Can you quantify the “housing crunch” in historical terms? Is it worse as the President claims? Is it being overblown as many economists claim? Is it simply an “opportunity not being wasted” as White House Chief of Staff Rahm Emanuel opined? What is the actual nature of the housing market as it stands today the last day in February in the year of our Lord two thousand nine?
Although I did not watch the President’s speech last night, I was online with a few bloggers watching their running commentary to the speech. I have read excerpts of the speech and I will read it in its entirety later today, but as is the case with most presidential speeches before a joint session of Congress, this president made promises he cannot keep without bankrupting our future:
1. Increase troop levels
2. Cure cancer in “our time”
3. Universal education through college
4. Universal health care
I have received emails from many of you wondering if I and others were not being too hard on the pro-family/pro-life movements. That is a fair question so let me approach it from a fund-raising perspective.
Let’s say I come to all of you with a proposal for a new organization that is “dedicated to the promotion of marriage and family and the sanctity of human life in national policy.” My organization will be at the forefront “valiantly fighting the culture war”, but it will suffer “terrible defeats.” My organization will not be “able to arrest and reverse the moral and cultural slide by protests, lobbying, voting and legislative remedies.”
Timothy Geithner became the nation’s 75th Treasury Secretary with the Senate’s confirmation vote of 60 yeas to 34 nays. There were some surprise votes and not so surprising votes. Voting against Geithner’s nomination was West Virginia Democrat Senator Robert Byrd who said, “Had he not been nominated for treasury secretary, it’s doubtful that he would have ever paid these taxes.”
Is not that just the height of hypocrisy? Whatever happened to the Obamanation’s commitment to rid government of corruption?
I was asked by a caller this morning to publish today’s daily devotional on my blog so here it is:
A New Beginning
Today we inaugurate Barack Obama as the 44th President of the United States of America. This makes the 44th time in our great history that power is willingly handed over from one man to another. Many people are praying for Barack Obama to be successful; I am not doing so in an unattached manner. I do not approve of his agenda but God has seen fit to allow this man to lead our nation. Others are praying that President Obama fails; I will not do that either because his fall will be cushioned by our country. So I will pray that he surrenders his life to Jesus Christ and/or he is influenced by godly men and women such as Daniel of the Old Testament influenced pagan kings.
To piggyback on my last post, it seems that if someone steals during economic hard times it is the result of “survival panic.” Leave it to a psychiatrist to come up with this doozie.
“Your honor, my client, while he indeed did take items from Krogers it was not because he is a thief, it is because he had a panic attack,” presents the attorney, psychiatrist nodding in the afirmative.