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Financial Bailouts A Sin

Is bailing out the banks or government subsidies to private enterprise welfare? And, is that a sin?

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 ---Janze on 2/17/09
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Rome agreement here with what ---jody posted.
---mima on 2/25/09

Conspiracy to bring down your country is treason. Conspiring against the poor, stealing from the poor to give to the rich for any reason is a sin. I think both have been committed. Being unjust, and allowing the rich to not pay taxes whilst stealing taxes from the poor, that is sinful.
---frances008 on 2/24/09

the human race by far takes every creative thought given by God,aka we get this gift from God, AND SUBVERT IT AND TURN A BUCK IN the process.
---tom2 on 2/23/09

Some bamks ought to fail.
---catherine on 2/22/09

"Is bailing out the banks or government subsidies to private enterprise welfare?" No. It is robbery.
"is that a sin?" Yes.
"He that oppresseth the poor to increase his [riches, and] he that giveth to the rich, [shall] surely [come] to want." Prov. 22:16
Banks and private enterprise, as organizational structures, for the most part, are simply reaping what they have sown.
"Rob not the poor, because he [is] poor:(With substandard wages)..Exact no more than that which is appointed you: (Through exorbitant usury)." Refs.Prov. 22:22>Lk.3:13
"Better [is] a little with righteousness than great revenues without right." Prov. 16:8
---josef on 2/22/09

probably the real issue here is stewardship,and accountability,while most live and work with wages or profits taking presidence over the latter other words greed above all.
---tom2 on 2/21/09

catherine,economics,aka money has taken over completely.I have no doubt.when the people who made millions upon millions of dollars,aka banks,mortgage companies,auto makers,investment brokers,and so many others are all you hear in the news,it tells of the sorry state of the human race.and when governments spend billions and billions trying to solve the problems,most of which were created because of greed,and a lack of faith in both are political,and business leaders,whose too say where it will end?
---tom2 on 2/21/09

"Ask not what my country can do for me, ask what I can do for my country". President Kennedy.
---catherine on 2/21/09

The truth is that this country is riddled with sin from every direction. An ungodly nation that will be judged accordingly. I think the financial outlook is bleak from a superficial view but I strongly believe that a "one world order" will kick in and appear to make the financial problems disappear. However, when they say "peace and safety" swift destruction will come. Jesus is coming soon.
---jody on 2/21/09

Well said, tom2!>>Thank you, Jesus.
---catherine on 2/20/09

The Financial Bailout? We are in this CRISIS because of greed and selfishness.When one third of the people hoard two thirds of the wealth,you have recessions and depressions.Man is too greedy to share his wealth.They launder thier money,scam people out of thiers,take bribes,set up phony accounts to serve thier own interests,fail to pay thier taxes.Store money in freezers and on and on it goes.The bail-out is only a stop gap measure.I do not think of it as sin.But, we are a nation who has forgotten God.And this is the reason America,the most blessed of Abrahams seed,has come to poverty.It all comes down to the law of reaping and sowing!
---Danelle on 2/20/09

I would have too agree with catherine.integrity sorryfully has become a lost art.the world has turned into a place where economics, aka money, has become the overwhelming all encompassing ruler of life. goods and services,bottom line,investments,anything and everything done too attain wealth,personal wealth,and corporate wealth. controls motives and decisions.with a world so deep in sin and lost,iam not sure a bailout is even possible.iam afraid we are headed for global depression,which will be headed off by the appearance of the antichrist.
---tom2 on 2/19/09

I am not sure about your question! However, I will say, I know that the Government is not fixing the problem. Too many crooks involved.
---catherine on 2/19/09

The bailouts are a first step in producing Euro-Socialism in this country. I myself would go out of business and start over, before I would "let" the government "help" my company with a bailout!

Congressmen and Acorn threatened banks that if they didn't make bad loans (those they knew would never be repaid), they would be accused of "redlining" (discrimnination).
Now the banks are in trouble. Now the feds are going punish those of us who worked, sacrificed, played by the rules and paid our motgages on time.

Financially responsible homeowners will shortly be taxed to pay for the bank bailout AND the defaulted home loans BOTH . This is CHANGE I could do without!
---Donna66 on 2/18/09

Many believe that the free market capitalism had run its course. Basically the free market system is the big dog eating the little dog. Some students of economics believe something between socialism and free market capitalism is the system of the future.
Regardless of what we thank the ecumenical OneWorld church and OneWorld market system(known today as globalization) is steady on the march and will come to be. There is however much pain and suffering coming before it is achieved and after it is achieved men will cry, peace peace, and then cometh sudden destruction!!!!!!!
---mima on 2/18/09

It is a sin, it is stupid, and it is the first step in socialization of our country. I wonder how long we are going to continue turning from God to the gods of this world. All the "rich" people who are rich on paper, but, not in actuality, are what has contributed to this problem.
---tommy3007 on 2/18/09

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While I'm not sure I'd call the bail out a sin, I will call it stupid. A person is suppose to learn from their mistakes, and all the financial bailout will accomplish is to allow the same mistakes to be made. Plus, they are giving it to the wrong sources, In my opinion. For example: giving a tax cut to each USA citizen would give them more spending power and this money will find it's way into the market place thus requiring companies to increase production, which means returning layed-off workers to the work place.. I wrote my senator a few weeks ago explaining how it would best serve the American people. Would suggest you do the same thing.
---wivv on 2/18/09

Well, mima, that's a pretty clear scripture, very descriptive of what is going on, now, though it was written quite a long time before this happened. But Paul does say a secular ruler "is God's minister to you for good", in Romans 13:4. So, I understand I need to be careful about how I think and talk about those who are in authority. Also, Peter has given us > "For the time has come for judgment to begin at the house of God, and if it begins with us first, what will be the end of those who do not obey the gospel of God?" (1 Peter 4:17) So, judgment begins with us, "first", NOT with this world's people. But I tend NOT to make sure people are wise to me. Pointing the finger elsewhere is "easier" (o:
---Bill_bila5659 on 2/18/09

A lot of people sinned to cause the banking collapse. But is it sin to bail them out? I don't know, but it sure is a BIG MISTAKE.

It sets a bad precedent.Requests from banks (and other industries) will multiply.
Bail-outs are like potato chips, after one, there is no stopping.

Businesses will keep making the same mistakes over again as long as they think someone will rescue them. Most Congressmen lack expertise in business, but failing to recognize this, they may set regulations for specific businesses that make things worse.

If Companies, Banks etc. fail..and are ALLOWED to do so...they can reorganize under bankruptcy. Doing this, they must continue doing business and they are highly motivated to get it RIGHT.
---Donna66 on 2/18/09

Yes!! The bailouts are welfare on an unheard-of scale! And this is welfare to the very people that cursed the little food stamp recipients. Another word for bailout when the big banks are involved would be stealing!!
The privileged few have always catered to the privileged class. And the poor or "little people" as they call us can pick up the script or do without. There is a scripture that pertains to this very thing and that Scripture is. to be continued.
---mima on 2/17/09

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James5-1-2-3-4,"James 5:1-2-3-4
"1-Go to now, ye rich men, weep and howl for your miseries that shall come upon you.

2-Your riches are corrupted, and your garments are motheaten.

3-Your gold and silver is cankered, and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

4-Behold, the hire of the labourers who have reaped down your fields, which is of you kept back by fraud, crieth: and the cries of them which have reaped are entered into the ears of the Lord of sabaoth."
---mima on 2/17/09

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