Thus Cometh the Bailout

I’m sick of reading about it; I wish they’d go ahead and pass the stupid thing already.

From Yahoo News: Senate passes $700B rescue; House votes lured

WASHINGTON – After one spectacular failure, the $700 billion financial industry bailout found a second life Wednesday, winning lopsided passage in the Senate and gaining ground in the House, where Republicans opposition softened.

So this Friday, the House will return again to vote on the highly controversial bill.

Let’s get something straight: I don’t want our economy to fail.

From the perspective of a student pastor, I don’t want to enter into a deep recession that makes things difficult on Americans, thus difficult on churches, thus difficult on missionaries and other workers around the world.

From the perspective of a friend to some who will be deeply impacted by a staggering economy, I don’t want them to go through hard and stressful times as people who work in an industry so closely tied to the news that has been flooding TV screens, computer monitors, and radio speakers the past few weeks.

From the perspective of a capitalist, however, this bill makes me leery. Sure, we might need the bailout, but I just don’t like the fact that we’ve developed a need for the government to step in and be the overreaching “hero” once again. After all, it’s the government that played a large role in getting us into this mess in the first place, according to Harvard-based economist, Jeffrey Miron (CNN news story).

I suppose I want the bill to pass. I don’t like it, but it looks like it just might be necessary if our economy is going to make it through this tough time.

Just please…do something and get it out of the headlines for 10 SECONDS, PLEASE!


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