I Owe My Soul to a Federal Bailout

Wednesday’s Scripture Readings:
OT: Haggai 1-2
NT: Revelation 12
W&W:

Today’s Reflection:

As I was driving home from a doctor’s appointment today, I found myself behind a Saturn Aura. I thought of my friend, Aaron, who was the first person I really knew who owned a Saturn. He swore by them. I thought about how the company just blossomed when it began over a decade ago. And I thought, sadly, about how it was one of the companies on the chopping block of GM.

My mind began wandering. What has been happening in our great nation? Are saying good-bye to what we have known as America? Oh, to be sure, America will exist for many years as a great and powerful nation. America will enjoy lingering prosperity and liberty. But, are recent events the beginning the inevitable downward phase found in the lifecycle of nations?

I could wax philosophic about the decline of morals in our nation. Or, I could pine for the days when American seemed to have a different work ethic and feeling of pride in self-sufficiency. I could express concern about terrorist hatred. I could even write about how the American culture has been weakened by all the “hyphenation” going on that has prevented great segments of our society from joining in the melting pot.

What concerned me this morning, however, was what is happening to business in America. Having just left the doctor’s office, I was a bit miffed at the history of unresponsiveness on the part of my health insurance provider. But, I believe that what we have has been working better than anything else around the globe. Why does the federal government – with its stellar record – need to insert itself into my healthcare? And in traffic behind the Saturn Aura, my mind quickly revolted that two of the big three auto makers took money from American taxpayers to support failed management and labor – to subsidize poor performance. Is it right for the federal government to get involved in saving companies and unions who engage in poor business practices? Let GM figure it out. History proves that American ingenuity will far outperform American bureaucracy. And what of the banks and financial institutions bailed out in late 2008 and early 2009? I am beginning to think that we would have sorted this out a lot quicker and with less mess had we let those too big to fail fail. We are creating a spirit of dependence not independence.

Is anybody besides me nervous that the federal government (re – their stellar record above) is positioning itself to set policy and practices for private companies? Yes, regulations are needed to provide checks and balances that protect consumers and provide accountability in all these areas. That is a function of the government. But running great segments of our economy is not. Find for me, please - in the Constitution - the rational for the federal government reaching so far into private lives and businesses. I’m not a Constitutional scholar; I’m just a concerned citizen wondering if we’ve sold the soul of our great nation for a bail-out.

Is there not a better way?

This Week’s Scripture to Memorize:
John 1.14a: The Word became flesh and made his dwelling among us…