Wednesday, May 6, 2009

A Recovery on the Horizon

So, the stock market indices are up about 20% from their lows and some financial stocks are up 50% year-to-date. Some housing markets that fell first are starting to bottom out. Home foreclosures did not cascade into the millions people were predicting. The world did not come to an end. But wait, have people been chastened? did they learn anything other than to tighten their belts a little in the last 18 months? did they learn lessons about bad habits and practices they should do away with? Hmmmm. Elder brother speaking but maybe such a quick recovery would not be in everyone's interest. No, I certainly don't like the "pain" people are going through but let's look at the facts - most Americans don't save; spend 110% of their earnings; buy things they don't need - like 3.2 television sets per household, 2 cars per household, 2 computers per household and those shoes how many pairs of shoes do you need when u have two feet? So, can we refocus and become better stewards? Solomon asked for wisdom, we should do likewise. Wisdom in love. By denying yourself of consumption, you are in a better position to love your neighbor by being able to have reserve resources to tithe and give.

Philippians 1:9-10 And this is my prayer: that your love may abound more and more in knowledge and depth of insight, so that you may be able to discern what is best and may be pure and blameless until that day of Christ...

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