Monthly Archives: September 2008

Spontanious Thought

  • This morning, I enjoyed a breakfast I prepared at my house of scrambled eggs, sausage, and a slice of low carb toast with my mom at the church office.  The food was delicious, if I do say so myself.  My mom made the coffee and it was great.
  • The topic on everyone’s mind is the economy.  Who would have thought that this country could be so vulnerable?  It seems like the things we put our trust in can so easily fail, but only God does not fail.
  • Combined with a lack of available money in the banks, fear is one of the driving forces in this potential meltdown.  It’s the fear that if I don’t get my money out now, I will not be able to get my money at all.  So people will cash out of banks, money markets, mutual funds, etc, and the available liquid assets banks and lenders use to extend credit dries up.  Without the available credit to do normal business, and banks not having money to lend, it further drives people to pull their cash out.  When a bank cannot give you cash that is in your account, they go under.  When their is no available credit or liquid assets, corporations and businesses cannot pay employees, consumers cannot purchase goods, and the economy completely grinds to a halt.
  • It’s not uncommon for a bank to fail.  It has happened before.  It is not uncommon for homeowners to foreclose.  That happens at a fairly predictable pace.  What is not common in the US is double digit unemployment, foreclosures in the numbers we are seeing and will continue to see over the next couple years, and major investment firms folding over night due to a lack of liquid assets.  We are teetering on a true economic meltdown.
  • The $700 billion bailout (which would more likely be $1 to $1.5 trillion) would not really solve the problem.  The government claims that taxpayers would not get stuck with 100% of that bill.  They claim that there would be revenue from those toxic loans and mortgages as a percentage would continue to pay their mortgages, and the other homes that the government would foreclose on would be sold or rented for revenue.  I have a hard time believing that the government can efficiently sell or rent property at a rate that would bring in revenue, and even if they could I don’t believe that they would pay down any debt with that revenue.  They would find a way to spend it on something new.
  • I also believe in the free market.  I believe that there has to be pain in order for their to be healing.  Unfortunately, this problem seems to have stemmed from the Community Reinvestment Act, which mandated that banks and lenders approve mortgages for people and businesses who were under qualified as a way of extending “the American Dream” to everyone.
  • Just for the record, I don’t believe the American Dream is owning a house or anything like that.  The American Dream is the idea that no matter where I start in life, I have the right to pursue happiness, to attempt to better myself, to risk, and that I am not forced into a “class” the rest of my life.  But just because I put my hand out, say gimme, and declare that “yes I can” does not mean “yes I will” or “no I won’t”.  Nobody owes you or me anything by birth.  But greed has pushed us to the edge.
  • McCain has suspended his presidential campaign while he goes to DC to work on a fix to this mess.  I appreciate that even though it may end his chance to be president.  Obama continues to want to have the debate, McCain wants to work.  There is time for the debates later, but this crisis is happening now.  Talking about it will not get it done.  I am not interested in a talker or debater for president as much as I want someone who will get the hard work done that is needed.
  • If this is a political stunt, it will be exposed as such.  If this is not a political stunt, then shame on those who are saying that it is.  Obama could look to his senior colleague in the senate for guidance here.  Let’s do this thing right.

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Filed under money, politics, thoughts, world events

Wednesday Quotable

If you think health care is expensive now, wait until it’s free.
-PJ O’Rourke

There seems to have been a shift in this nation over the past decade from the desire for individualism and personal responsibility to an overall acceptance of socialism, government intervention, and collectivism. What is at the root of this mentality? This is not what was envisioned by our founding fathers. I ask many people, and have yet to get a half decent response,”What does the federal government do, other than military, that is cheaper or more efficient than the private sector?”

In Massachusetts, the state subsidizes medical coverage for their residents, and the projected expense for their 365,000 residents is $1.3 billion annually. They certainly regret their decision to subsidize, considering that they don’t even bring in that amount in tax revenue. If you use that model for America’s population, the annual expense for subsidized insurance would be $1.5 trillion in tax payer expense, and that does not even eliminate your co pays and deductibles. Currently, medicaid covers those who income qualified families and children who cannot afford medical coverage. Medicare covers the age qualified. The tax payer gets the bill. What happens when the government medicaid income is transitioned to the bigger subsidized public health system? Much higher taxes, slower services for those of us who were already covered by our employer’s insurance, and the wonderful quality of a government run system.

It’s a recipe for complete failure.

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The Fantasy Football Report

The Citizen Cane is now 2-0 after a good week from the supporting cast and a down week for some of the stars. Once again, Michael Turner put up monster numbers, team D (Atlanta) and my K provided enough of a bump to make the difference. Romo had a so-so week, and the almost always reliable TO had a horrible showing. Between Ward, Parker, and TO I had a total of 6 points. Reggie Bush put up huge numbers AGAIN and is now one of the top 5 fantasy players. Chambers is putting up big numbers as well, but Bush and Chambers have been riding the bench for me so far.

Pastor Trav is now 0-2, as he came up 4 yards short from Jerricho Cotchery from overtaking Ritz. Jesse is now 2-0, experiencing what can best be described as beginners luck. I won’t be too dismissive in case he plays me soon. Mark Similey’s “Dead Skins” got an easy win against Paul’s “Skins” this week. Pastor Trav better right his ship if he wants to have a shot at making the playoffs.

If you are interested in testing your football knowledge against some of the greatest sports minds at Life Pointe, or if you are just a casual fan and want to have some fun selecting who you think will win or lose, click over here and read how you can join a Pro Football “Pick ‘Em” league.

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NFL “Pickem” Second Chance

We got a late start and had low registration and Paul had technical difficulties getting his team together this week.  That leaves the competition in LPC pickem between Trav and myself.  So, I created a second chance league that does not use the Vegas line.  This is a straight winner/loser pickem league.  Let’s see if the Life Pointe ESPN crew knows what they are talking about.

To enter, visit http://football.fantasysports.yahoo.com/pickem/register/joingroup and enter the group ID # as 74798 and the password lpc.  If you don’t have a yahoo account, you will need to register a free yahoo account.  If you know anyone that thinks they know anything about sports, tell them to bring it on.  The more, the merrier!

Pastor Trav, Jesse, Alex, Kelly, and yours truly will be in this league, hopefully along with Chris, Paul, Mark, Victor, Richard, and all the other football freaks and even casual pig skinners at LPC.  You get one point for every correct pick you make.

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Filed under football, games, life pointe, NFL, sports

Monday: Reflections from an Armchair QB

Dolphins Win!

Who would have thought that this headline would be on the papers Monday morning? The Dolphins came into the game looking worse than last year, the Patriots were undefeated with 22 straight regular season wins and they still looked like they were favorites to make the Super Bowl from the AFC. When the game ended and Miami had won in dominating fashion, Ronnie Brown looked like one of the new elite stars on the NFL and the fans of the greatest pro team on the face of the earth had hope once again. Brown finished the game with over 100 yards on the ground, one passing TD, and 4 rushing TD’s. Unbelievable! I don’t want to read too much into this singular win, but one thing I did take away is that if Ronnie Brown can stay healthy he will be a legit star in this league.

In the Life Pointe league, I look pretty strong for a win this week against O Beason. If LaDainian Tomlinson has a huge game tonight (I am talking almost Ronnie Brown numbers) then I might lose. The good news is that he is not projected to carry enough times to score that many points. That should put me at 2-0 with one of the strongest teams in the league. The fantasy guru, Pastor Trav, is looking at a possible 0-2 with a loss to “Puttin on the Ritz”. He needs a TD or about 90 yards from Cotchery to win, and 80 to tie. Jesse is going to go 2-0, and Mark Similey’s Dead Skins are going to go 2-0 with a win against Paul’s “skins”.

On Saturday, the Miami Hurricanes looked like the Canes of old as they totally demolished the Aggies of Texas A&M at College Station. Supposedly, College Station is one of the toughest places in college football to win a game. Apparently it is, if you are an Aggie. Texas A&M lost to Arkansas State at College Station earlier in the year. One of the most exciting aspects of the game was seeing the Canes flying all over the field laying big hits on everyone. LB’s were smacking RB’s, DB’s were pounding WR’s until they did not even want to get up, and the whole team was swarming to the football. We also have a leader with some serious physical talent at QB. Marve is the real deal. This coming week we have a nice test against Butch Davis and the UNC Tarheels who look like they could compete for the ACC crown this year. WOOSH WOOSH!

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Filed under fantasy football, football, life pointe, Miami Dolphins, Miami Hurricanes, NFL, sports

From the “What’s up with that?” files!

Never Give Up!

Well, on second thought….

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Sunday Life Pointe Talk Soup

Good afternoon evening friends.  This morning was a great time at the theater with my fellow Life Pointe friends and family.  This was my first morning to experience three services in the morning other than Easter this year.  I had a great time as I hope you did too (if you came).  If you didn’t make it out to be with us, I will look for you next time.

The set up was in full swing when I entered the theater at 7:30ish.  Mike B greeted me at the back door of pier 2 after a couple of raps on the door.  The worship team was a little light this week with Bill out of town and Reina home taking care of their little one who has been sick.

A few tech difficulties interfered with our start and made things a little bumpy early on.  But everyone sang along and worshiped the Lord, because He is our audience.  The other two services were very smooth without any technical incidents.

The music was a lot of fun today.  Jesse was on the guitar with the lead vocals, Mike B was on the drums and sang back up, I sang back up and played the bass, and Julie sang back up vocals as well.  We sang “Your Love is Amazing”, “Your Grace is Enough”, and “Holy is the Lord”.  It was a great time of singing and worship.

For our regular announcement video, Jesse pulled a fast one on everybody.  Halfway through the video, he raised his hand and said “I am here”.  Turns out he was sitting in the theater with his camera on and projecting himself giving the announcements live.  It was a great touch and very innovative.  I think he fooled everybody except those sitting right beside him.  Good job!

For a different perspective on the service this morning and the message (on Habakkuk), be sure to visit:

Pastor Trav’s Wrap Up

Ritz’ Goosfaba

Jesse From the Stage

Life Pointe Church Sunday Morning Tossed Salad by Chris Day

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