Psalm 49 Poetry by Isaac Watts
Pride and Death; or, The Vanity of Life and Riches
Ye sons of pride, that hate the just
And trample on the poor,
When death has brought you down to dust,
Your pomp shall rise no more.
The last great day shall change the scene;
When will that hour appear?
When shall the just revive, and reign
O’er all that scorned them here?
God will my naked soul receive,
When sep’rate from the flesh;
And break the prison of the grave,
To raise my bones afresh.
Heav’n is my everlasting home,
Th’ inheritance is sure:
Let men of pride their rage resume,
But I’ll repine no more.
In God we Trust
An Amazing Fact: There are more than 376 million Visas and MasterCards in circulation. This is up 80 percent from a few years ago when the average family had only two credit cards and $2,340 in outstanding balances. Today they have an average of four cards and owe nearly $4,880. Altogether, American consumers have racked up $480 billion dollars in debt with these little two- by three-inch pieces of plastic, and that figure grows at a 13 percent annual rate.
We are a nation drowning in red ink. Plans for the large government budget surplus seem to be the focus of recent political attention, but soaring consumer debt is seldom discussed. Within the past few years it has increased 39 percent and now exceeds $1 trillion. “When you carry this much debt it’s scary,” says consumer spending expert Madelyn Hochstein in a recent newspaper article, “Black-hole Borrowing, Consumer Debt Surging; Nation’s Economy at Risk.” The article goes on to warn that, “This could be a time bomb for the U.S. economy and its banks.”