Comments on: Preventable crisis

By: Scroop Moth

Scroop Moth — Wed, 29 Oct 2008 03:03:17 +0000

Alan Greenspan doesn’t agree with Mamet’s story. Greenspan blames capitalism. The culprits were “aggressive demand” for mortgage paper (read: greed), the failure of counterparty surveilance, and the failure of banks to price risk in their own interest. These are failures in the market. Greenspan puts very little importance upon government promotion of subprime mortgages, which account for only a third of all subprime mortgages, and not especially the ones that went bad. In fact, Greenspan wants the government to re-establish a market for subprime mortages because of the importance of homeownership to society, to small business, and to the economy. chairman Cox took his own swing at capitalism when he faulted the deregulation resulting from the securities exchange modernization act.

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By: musing

musing — Wed, 29 Oct 2008 01:44:24 +0000

Chas post 111,

actually we can most certainly communicate and we are.

What one must always understand, however, is that ones beliefs may not be shared by others. This forces one to look for the commonalities and communicate with these rather than focusing on the differences and arguing that commuication is impossible.

And indeed even if we are not Christians, I suggest we are still all brothers in Christ.

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By: Chas

Chas — Wed, 29 Oct 2008 01:08:14 +0000

Musing, all that means is that we can’t communicate. I don’t know how NJL would respond but even though Jesus prayed “that they all may be one…” Jn. 17:21, it is not necessary that religion be homogeneous. That doesn’t mean that we aren’t brothers in Christ.

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By: musing

musing — Wed, 29 Oct 2008 00:48:51 +0000

Chas post 109,

I suggest that I disagree with you. But this is a matter of belief and unprovable per se.

For example I don’t accdept the Epistles as canonical, so an Epistle based argument has little standing from my perspective.

I was hoping that NJLawyer would respond, since it would then help clarify the lack of religious homogeneity in this country even between different versions of Christianity.

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By: Chas

Chas — Wed, 29 Oct 2008 00:39:33 +0000

Musing:
It is not un-Biblical to look for the revealing of the man of sin.
II Thessalonians 2:3 “Let no man deceive you by any means; for that day shall not come except there be a falling away first, and that man of sin be revealed, the son of perdition.”

The chief admonition of Matt. 24 and especially ch. 25 is to “Watch”.

As I said before, I expect the anti-Christ will be smarter than this empty suit.

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By: musing

musing — Wed, 29 Oct 2008 00:03:37 +0000

NJLawyer post 107,

MATTHEW 24:36 [niv]:

36″No one knows about that day or hour, not even the angels in heaven, nor the Son,[a] but only the Father.

I suggest that arguing that anti-Christ is about to appear in un-Biblical.

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By: musing

musing — Wed, 29 Oct 2008 00:00:22 +0000

NJLawyer post 107,

so tell me about the “era of good stealings”?

How about the gilded age?

I suggest your apparent model of a past Biblical utopia in the U.S. is simply not grounded in fact.

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By: NJLawyer

NJLawyer — Tue, 28 Oct 2008 22:42:14 +0000

It is not a question of hanging my hopes on anything. It is just a fact that when the populace, society as you call it, followed biblical principles in their daily lives, the country was better off. Now they follow celebrities. The government is secular, but now the people are, too. They’ve lost their way. The people who founded this country presumed that those who came after would understand the necessity of following biblical principle in their daily lives. But you know what happens when you assume…

As a Christian, I can accept that that my country will ultimately tank. It’s not as if there’s a reference to it in the Revelation. There isn’t. If that’s what it takes for the Lord to return, so be it. But this isn’t about religion. This is about knowing the difference between right and wrong and choosing to do the right thing. Our society doesn’t know how to do that anymore because it has adopted the relativism, the anything goes worldview of the left which is slowly but surely slitting the throat of the golden goose.

Keep your head in the sand all you want, Musing, but the greed manifested in this country with the mortgages, has affected the whole world, and the stage is now set for the Anti-Christ to appear. It is not Obama, but Obama is lefty enough and not well-versed in biblical principle enough (having sat at the feet of Wright and the liberation theology nonsense) that he’ll commit the US to the road to its ultimate destruction.

I can accept that as a Christian. As an American, I’m appalled at what is happening. Just saying.

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By: Anlir

Anlir — Tue, 28 Oct 2008 22:32:44 +0000

Bottom line is that our conservative and Republican friends are trying to say that none of this is their responsibility and they are completely without fault.

The American people aren’t buying it.

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By: musing

musing — Tue, 28 Oct 2008 22:02:10 +0000

NJLawyer post 102,

well perhaps, but the society was established as a non-sectarian society. As such one can not depend on the other being of the same religion as you.

And hence depending on the Bible as you put it would appear to be a thin and inappropriate reed to hang ones hope on.

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