We all know that there is a global economic crisis and no one can predict how it will play out. Will it be short or will the world seek deeper and deeper into a global economic depression? These questions cannot be answered by any man or woman on earth. Many have lost all hope? We should remember that all economic systems are man made and thus imperfect. During the dot com boom of the late 90’s economists were stating that we had conquered the economic cycle and entered an age of unstoppable economic growth. When that flopped, they looked to housing and real estate. It never goes down, right? Any person who had studied property prices knew that to be incorrect, nevertheless, many fell for the lie. But how many people believe the words of Christ? Seems to me that these economic times call for heeding the words of Christ in Matthew 6: 25-33:
“Therefore I tell you, do not worry about your life, what you will eat (or drink), or about your body, what you will wear. Is not life more than food and the body more than clothing? Look at the birds in the sky; they do not sow or reap, they gather nothing into barns, yet your heavenly Father feeds them. Are not you more important than they?Can any of you by worrying add a single moment to your life-span? Why are you anxious about clothes? Learn from the way the wild flowers grow. They do not work or spin. But I tell you that not even Solomon in all his splendor was clothed like one of them. If God so clothes the grass of the field, which grows today and is thrown into the oven tomorrow, will he not much more provide for you, O you of little faith? So do not worry and say, ‘What are we to eat?’ or ‘What are we to drink?’ or ‘What are we to wear?’ All these things the pagans seek. Your heavenly Father knows that you need them all. But seek first the kingdom (of God) and his righteousness, and all these things will be given you besides.”
Of course, there is some good news that has come out of the financial turmoil and scandal:
Update: Powerline has a depressing look at the projected budget deficit for this year as a percentage of gdp. We are getting into very dangerous territory, starting with the 750,000,000,000 bailout under President Bush last year, as to the amount of debt that the Federal government is incurring in a very short time.
DEATH be not proud, though some have called thee
Mighty and dreadfull, for, thou art not so,
For, those, whom thou think’st, thou dost overthrow,
Die not, poore death, nor yet canst thou kill me.
From rest and sleepe, which but thy pictures bee,
Much pleasure, then from thee, much more must flow,
And soonest our best men with thee doe goe,
Rest of their bones, and soules deliverie.
Thou art slave to Fate, Chance, kings, and desperate men,
And dost with poyson, warre, and sicknesse dwell,
And poppie, or charmes can make us sleepe as well,
And better then thy stroake; why swell’st thou then;
One short sleepe past, wee wake eternally,
And death shall be no more; death, thou shalt die.
Now that the mythical national championship has been won by the University of Florida Gators as per the bowl oligarchy, I’d like to ask The American Catholic readers whom they would pick as their N.C.A.A. F.B.S. national champion. My pick goes to the University of Southern California Trojans. They’ve destroyed all non-conference competition by wide margins and play in the toughest football conference in the nation where the Pac-10 went five-and-0 (5-0) in bowl games this year.
UPDATED (1-13-2009 A.D.): ESPN crowns the Utah Utes the National Champions of college football.