I would rather live my life as if there is a God, and die to find out there isn’t, than live my life as if there isn’t, and die to find out there is!


Monday, January 5, 2009

ONE MORE BAILOUT NEEDED

*******************************************************************

It looks like we are about to have a veritable perfect storm of bankruptcies, foreclosures, lost incomes, credit card losses and we will be living from paycheck to paycheck. It is possible that for up to 20% of the United States population, there will be no paycheck to depend, on and credit lines will dry up.

The Treasury Department's $700 billion bailout plan, also known as the Troubled Asset Relief Program (TARP), is one of the main U.S. tools to address the financial crisis. Here is where the money has gone so far:

AIG $40 billion
JP Morgan $25 billion
Citigroup $25 billion
Wells Fargo $25 billion
Bank of America $15 billion
Merrill Lynch $10 billion
Goldman Sachs $10 billion
Morgan Stanley $10 billion
PNC Financial Services $7.7 billion
Bank of New York Mellon $3 billion
State Street Corp $2 billion
Capital One Financial $3.55 billion
Fifth Third Bancorp $3.45 billion
Regions Financial $3.5 billion
SunTrust Banks $3.5 billion
BB&T Corp $3.1 billion
KeyCorp $2.5 billion
Comerica $2.25 billion
Marshall & Ilsley Corp $1.7 billion
Northern Trust Corp $1.5 billion
Huntington Bancshares $1.4 billion
Zions Bancorp $1.4 billion
First Horizon National $866 million
City National Corp $395 million
Valley National Bancorp $330 million
UCBH Holdings Inc $298 million
Umpqua Holdings Corp $214 million
Washington Federal $200 million
First Niagara Financial $186 million
HF Financial Corp $25 million
Bank of Commerce $17 million
Chrysler $4 billion (more auto mfg bailout $ coming)

There may have been a few more since this list was compiled and we know commitments have been made to at least one other auto manufacture, but for this list:

TOTAL: $207.08 billion


Even so… there is one more bailout needed. And it will have a much greater impact than all of the above bailouts.

We need a MORAL bailout!

This much needed bailout has seven parts:

Part one – We have had, and have, an excessive belief in our own abilities. As a nation and individually we think we can do anything and everything. We have no limits.

Part two – As a nation and individually we have desired others traits, status, abilities, or situation.

Part three – As a nation and individually we have an inordinate desire to consume more than that which we require.

Part four – As a nation and individually we have deteriorated to the point that everything sexual is acceptable. Porn is rampant and readily available. We have an inordinate craving for the pleasures of the body.

Part five – As a nation and individually we have lost control of ourselves in our relationships with others. We attempt to control others by an expression of fury and/or threats.

Part six – As a nation and individually we have become selfish and covetous. We have an inordinate desire for material wealth or gain.

Part seven – As a nation and individually we have become lazy. We expect provisions from others when we won’t fend for ourselves. The United States has more people on government welfare (support) than ever before in our history.


There you have it folks… the seven parts of the needed bailout…

Pride, Envy, Gluttony, Lust, Anger, Greed & Sloth. The Seven Deadly Sins!

Fortunately, the bailout is readily available… to you and to me. It is available to everyone!

Its called the BIBLE. Why not start collecting your share of the bailout now!

Be blessed,

Wayne

Love all – Trust some – Harm none

www.Capstone-Ministries.org

http://www.curetype2diabetes.info/

http://www.yourfinancingconsultant.com/



Link to me at: http://www.linkedin.com/home
Follow me at: http://twitter.com/wcweeks

.

2 comments:

Kimberley Rodriguez said...

Dear Wayne,
I couldn't agree with you more. there is however one more tool available to everyone to help them through these times. It is the Money Merge Account system available through me, http://www.teachingdebtfreedom.com and United First Financial. This revolutionary proprietary software program is astounding and making a difference for millions of people across America and in Canada. It is working for me and I am happy to be able to teach others about the benefits of this truly remarkable service. thank you for sharing your passion with us as i will be glad to share mine with you and your other visitors.
Sincerely,
Kimberley Rodriguez
District Manager and recipient of U1st Leading Lady for January 2009 Accolade

Wayne Weeks said...

Thanks Kimberley! I appreciate your taking the time to comment.
Have a blessed 2009!
Wayne

IMPORTANT DISCLOSURE: All products and/or services advertised/promoted on this blog are either owned by myself, or I am an affiliate marketer for. Should you make a purchase I MAY EARN A COMMISSION or receive revenue. Don't let that stop you.