Besides the recent bridge collapse, a home mortgage company who practices risky lending has recently collapsed and seriouly effect the stock market... At American Home Corp., today is their last day... often with no downpayment... and adjustable rates, most borrowers simply couldn't afford to pay their payments...
The result of course is also the skyrocketing home sale prices! People who usually can't afford to buy homes all of a sudden become capable of buying homes... with such sudden increase in "demand", naturally prices went up! Very similar to the Enron fiasco I think, energy broker manipulating the market for short term profit... driving up the prices... and then eventually the market would simply collapse.
Anyway, hopefully this will help the home prices to come down a bit, but then again, the trend seems to be that the real estate market often goes against the stock market. Typically those rich folks with money tend to put money in which ever is growing! And housing price and stock price often go against each other... My parent's house was purchased cheap when stock market was booming! Recently, stock market slowed down... so the housing market began to boom... with easy loans from companies such as American Homes, of course that didn't help...
But now the market is declining... it'd be scary to also see house price go down too... Both going down would be a pretty bad 'depression'!!! Certainly that won't help anybody and I don't want that to happen too!
Anyway, Lord knows what He's doing I suppose. As long as we continue to try our best and do things as ethically as possible, surely everything will be alright. Well, actually even if we were to do things unethically, God can still make things right later on!
Case and point... Rebekah and her son Jacob! ;) Today's scriptural reading is about Rebekah..., not sure what possessed her to do what she did... They were also deceitful, but things turned out alright for them..., but of course eventually God taught Jacob a lesson and gave him a taste of his own medicine! ;)
Anyway, I suppose it's always easy to make judgement on those past bible characters regarding their 'mistakes', but suppose ourselves are these characters too and somebody were reading about our lives... wonder how would those people see us... I wonder how would we see ourselves as we read our own stories... ;) Gotta hand it to those people in Abraham's era though..., they not only don't have as close of a fellowship with God as Adam and Eve, but they also don't have the Bible as we do today... so what or who can then learn from? Surely when Abraham can hear God's voice clearly to go somewhere or do something, he never hesitates..., it's only when God's not that clearly about what to do... then Abraham would screw up... such as pretending Sarah to be his sister to save his life... or to sleep with his maid because Sarah told him to...
Nowadays, for sure I, along with most people in this world, cannot hear God clearly anymore..., but at least we can read His word clearly. At least we know He is with us all the time... even when we cannot hear Him or feel His presence. And I sure hope someday if somebody were to read my life in a book, I hope they won't be too critical..., but at least I know God won't ever be that critical against any of us... He'll only 'judge' us if we suck and continue to insist on being sucky without any repentance in our hearts. Even with His judgements against us, God is still doing that out of His unfailing love toward us. Our God is an awesome and loving God. How great You are my Lord! :)
(Genesis 27)
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