Thursday, October 16, 2008

Glenn Beck Must Reads

I feel that everyone should read these 3 articles from Glenn Beck about our economic crisis:

What Happened?
What's Coming?
What Can I Do to Prepare?

Some quotes from the articles that resound truth:
"Our political system was not designed around the people in power or really even us. It began with the core belief that we were created and given rights by God. For America to truly fulfill its promise we must restore our faith in the only thing that is solid, unchanging and real: God.
As we find ourselves not trusting our leaders, institutions or even our currency, remember the secret is simple and found as close as your pocket or purse. How appropriate that on the symbol of our present troubles we find the answer: IN GOD WE TRUST."

Some Americans have been trying to push God out of everything to do with our country, from schools to courthouses. When that is the ONE thing we should NOT push out but draw closer too! A good thing about the Great Depression, is that it drove more people to church and God.


More quotes from Glenn Beck's articles:
"We just need to focus on a few out of fashion American values such as thrift, value and moderation"

On the mortgage crisis:
"Our current economic crisis was caused by politicians, both Democrats and Republicans, who perverted the American Dream by treating home ownership as an undeniable right rather than what it really is, a privilege."
"Call me crazy but if you need to count child support money that's intended for your child, or are in such bad economic shape that you're relying on welfare payments to make ends meet or are unemployed, maybe, just maybe, you shouldn't be buying a house. Too bad our politicians and the 'best and brightest' on Wall Street couldn't figure that out!"

"So when federal regulators began to warn the executives at Fannie and Freddie about the increasing risks of non-payment by subprime borrowers the companies did nothing and when the regulators took their concerns to congress their warnings were met with scorn and contempt. (see video below) The politicians who received the most political contributions from Fannie and Freddie, by pure coincidence, just happened to be their biggest defenders: Chris Dodd (D-$133,900), John Kerry (D-$111,000) and Barack Obama (D-$105,189)."







The bottom line on the cause of this crisis:
"...it's greed that has been shown to be at the root of our present economic uncertainty"


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