Above is the National Debt of the United States of America. Every Senator, Congressman, and President should have this is as the screensaver on his or her computer.

Things for us to remember:

Precious treasure remains in a wise man’s dwelling,
but a foolish man devours it. (Proverbs 21:20 )

The rich rules over the poor,
and the borrower is the slave of the lender. (Proverbs 22:7)

This morning Treasury Secretary Henry Paulson addressed a skeptical press about the latest plans for those 700 billion dollars that were appropriated for the “TARP” — or Troubled Asset Recovery Program. Now Paulson says Treasury won’t buy those “Trouble Assets” — one of the many metamorphoses this program has had in its young life.

In the meantime, care to apply for some TARP money? Turns out there’s a five-page, downloadable document to fill in — if you’re interested…here’s the link.

More from ABC’s the World Newser, click here.

Excerpt:
One of the challenges of dealing with an economic crisis during campaign season is that when politicians and commentators use hyperbole and politically expedient rhetoric to bash “unregulated markets” and “Wall Street greed” they end up undermining not just confidence in George Bush’s policies or the Reagan legacy, but the fundamentals of our free market system. Campaigns, after all, don’t do subtlety. If one side can find an advantage, it’s easier to throw the proverbial baby out with the bathwater.

Surprise: ABC denies pro-life ad.

What is the “bailout” and is it working? Andy Kessler of the Wall Street Journal explains, What Paulson Is Trying to Do.

Obama supports abortion, late-term abortion, partial-birth abortion, and infanticide for infants who survive birth. Robert George, a man that I highly respect wrote an excellent article on: Obama’s Abortion Extremism.

In case you’re still wondering, George Weigel explains why there are Pro-life Catholics for Obama (Newsweek).