Saturday, November 21, 2009

America’s Fiscal Crisis Looming Larger

We hear every day how our government is spending more money than it has coming in; but the situation is getting ridiculous! The Federal government’s spending is far out-distancing its income; and there is no end in sight. This cannot go on! The government’s tax and spend tactics are not helping the unemployment situation; and there is no increase in productivity in sight—increasing productivity is the only thing that will pull the economy out of the doldrums. Only government employment seems to be increasing.
Now, to make matters worse, we are planning a new entitlement program in the form of a health care bill that will supposedly provide health insurance for 46 million people. President Obama says the spending on this new entitlement will not increase deficit spending! He must be talking of some new kind of magic where he can buy something for nothing. The fact is that if you provide free or low cost health insurance for 46 million people, 46 million people will begin using health care services at a faster rate. Who can say that that will not cost anything?
The only way to control this dangerous rush to suicidal cost over-runs is to reform the tax code by getting rid of corporate long term gains taxes and decrease pay-roll deduction taxes. That will actually stimulate growth by increasing employment and improving productivity. http://tinyurl.com/yfh96l7

Wednesday, November 18, 2009

Liberals and the Politics of Envy and Division

“How can limited government and fiscal restraint be equated with lack of compassion for the poor? How can a tax break that puts a little more money in the weekly paychecks of working people be seen as an attack on the needy? Since when do we in America believe that our society is made up of two diametrically opposed classes—one rich, one poor—both in a permanent state of conflict and neither able to get ahead except at the expense of the other? Since when do we in America accept this alien and discredited theory of social and class warfare? Since when do we in America endorse the politics of envy and division?” Ronald Reagan, February 1982

Monday, November 16, 2009

Liberals Should Not Speak if They Do Not Know What They Are Talking About

I have been listening to Wisconsin Public Radio lately—a program called To The Best Of Our Knowledge. It is produced by WPR in conjunction with Public Radio International. On 11/14/09, WPR aired a program titled Money, Debt, & Unbridled Capitalism. A speaker on that program was Margaret Atwood; she was discussing her recent book Payback: Debt and the Shadow Side of Wealth.
Ms. Atwood discussed the idea of redemption and mentioned that it is, by definition, the pay back for debt. She agreed that redemption is a basic idea in the Christian faith, i.e., that Christ redeemed guilty sinners on the cross of Calvary, paying the debt they owe for violating the nature of God. Speaking of theologians down through the ages since Christ’s crucifixion, she made the remark: redemption,…“the idea they developed in the course of time, but it certainly was not there in the Scriptures.” It seems that Ms. Atwood believes that redemption was not mentioned in the Scriptures and very probably had nothing to do with the Christian saga.
It is a shame that someone with a speaking opportunity like hers is so pitifully bereft of a basic knowledge of the Bible. She should just not comment on it if she knows so little about it. The fact is that the Bible is the great story of God’s redemption of His people. After the creation account in the first two chapters of Genesis and the account of the fall of man in the third chapter, the whole Bible is about God’s redemptive work. This aspect of the Bible is most clear in the New Testament where there are numerous references to Christ’s redemption of fallen man.
1 Peter 1:18,19 says, “For you know that it was not with perishable things such as silver or gold that you were redeemed from the empty way of life handed down to you from your forefathers, but with the precious blood of Christ, a lamb without blemish or defect.” I counted 15 other direct references to Christ’s redemption in the New Testament, e.g., Matt 20:28, Luke 2:38, Acts 20:28, Romans 3:24, 1 Cor 1:30, and 6:20, etc., etc.
Should we, Christians, listen to false voices like Wisconsin Public Radio? I think we should. Learning to refute this kind of false accusation, if it is answered properly, will only sharpen and strengthen our faith.