Thursday, September 18, 2008

WHERE *ARE* WE GOING? - Just a Minute for 9-19-08C

            It’s finally here… Friday!

 

            Seems like it’s been a terribly long week – and if you follow the market, which I seldom do – it’s been even longer. One day up – another down… charges, counter-charges. Answer one another; appear to ignore one another. More information than I could possibly digest given my incomplete knowledge of what the financial markets work and how they gyrate… it’s been a bit of an oxymoron… an exciting bore!

 

            I get tired of the same crime stories being done over and over and over in excruciating detail – and the same goes for the financial indices… at best they give an incomplete picture – and if you don’t really know what you’re looking for, you’re likely to not know when you’ve found it. Sort of like Alice in “Through the Looking Glass” I think it was the Cheshire Cat who asked her where she was going – and of course she answered she didn’t know – So he said: ”Well any road will take you there.”  A perfectly satisfactory answer in an unsatisfactory world.

 

            We should understand, I suppose, since imperfect humans designed and conduct the markets – they will take on the characteristics of their creators – namely they will be quite imperfect.  Why should we expect anything else?  Oh… comes the answer: “If we can put a man on the moon we ought to be able to…” (fill in the blank.) Nobody yet has been able to consistently predict or out-guess the market. It seems to have a mind of its own. And given the events of this week… I’d say the same about this interminable presidential election. Up one day – down the next – operating on its own non-schedule. I sometimes think so-called campaign consultants should have three initials inscribed after their names.  Like Karl Rove, MBG – My best guess!

 

            Cordially, IN HIM

 

            Jack Buttram

 

http://www.jebcovoice.net/audio/jama09-19-08.mp3

 

http://www.jebcovoice.net/scripts/jamt09-19-08.doc

 

 

“JUST A MINUTE”

WHERE ARE WE GOING?

Just A Minute – I started out to write a commentary about lemmings, senselessly marching over cliffs.

The financial melt-down, wild swings in the stock market and credit crunch call to mind the legend of lemmings periodically committing mass suicide or incredibly stupid acts. In the case of the financial ‘geniuses’ who should know better, I have a description of what’s really happened. 

They, like all us fallen humans, are subject to grasping and greed; seeing hefty profits realized by competitors, and subject to pressure from owners, stockholders and pride, comes the breaking of one of God’s ten commandments:  THOU SHALT NOT COVET. So, observing their brethren capturing wealth – while ignoring the means – they do dumb, immoral and even illegal things to keep up. It’s an ancient problem that’s been with us since the Garden of Eden.

However it is amenable to the cure Christ offers by His Gospel. People just think it’s not for today. We Christians ought to be showing them that’s not the case. 

<> I’m Jack Buttram

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