Last year there were hundreds of TV commercials offering products to consumers with the seductive incentive “No payments until next year.” Well, guess what? It’s next year. Home foreclosures are not only up, fiscal reality has come down like a ton of bricks. Past due notices, like gaping fissures in the earth are swallowing borrowers and lenders alike. Sink holes are opening on the floor of the stock exchange and financial behemoths find themselves sinking in the tar pits of their own greed.
Satan has always been a predatory lender. He will gladly give you credit. He will let you have what you want with “no money down,” and if you buy today, he will throw in a set of steak knives for free. Faust was a fool. The pathetic figure of German legend makes a deal with the devil. The word “faust” comes from the Latin meaning “lucky.” America may have run out of luck. She has been on a credit card binge and now comes the hang-over. She has maxed out her Master Card and she is about to find out that Hedonism has a hard taskmaster. Hypocrisy is singing “id,” while living as if there is no God. It is a “so called” Christian nation that is writing checks “in faith” when there is no money in the bank. We sent our children off to study MONEY and get their MBA’s at MIT while the best business advice could be had for free all along. says “Better is a little with righteousness, than great revenues without right.” America was once a great nation. Now we find a certain consternation. We need repentance more than rebates and the wish that America will rush out on another spending spree. Like the prodigal that “spent all” we need to say “Father I have sinned.” Only repentance will make a Debtor Nation a Better Nation. Only then can we sing without being a hypocrite, “ .” –