A Christian financial expert says America's current financial liquidity problem can't be solved by a government bailout or the policy of a new elected official, but only if people take responsibility for their sin.
Chuck Bentley is the CEO of Crown Financial Ministries and host of the "Money Life" radio program. He says the $700 billion Wall Street bailout bill signed into law by President Bush contained "the good, the bad, and the ugly."
Bentley likes the controversial provision that gives the Treasury secretary funding to remove the bad mortgage assets off the books of banks, as well as the tax relief for small business owners that was added to the legislation.
But Bentley says he still would not have voted for the bill because it contains an "outrageous" amount of pork and raises the federal debt limit to $11.3 trillion.
"I think it's abhorrent," he states bluntly. "It's putrid that our legislators would try to throw that pork into this bill....I think we do need the good parts of it -- but the bad parts are politicizing the issue. They're not 'sweeteners.' They're feathers in the cap of politicians, [and] I think it's actually unpatriotic."
Bentley believes the country's current financial woes can be attributed to the sin of greed and the failure of Americans to acknowledge that sin and repent of it before God.
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