Year of Jubilee for American CEOs

It's a jubilee year for the "United States of Bailouts"
Nov. 13

I don't know if they meant to be spiritual or not, but the American government seems to be adhering to the biblical calendar. This is suspected by some to be the "year of jubilee" on the Hebrew calendar and, biblically, all debts are canceled in such a year.

I say 'suspected' because we've lost count of the actual jubilee year centuries ago. However, some rabbis and Christian teachers have somehow estimated this year, 5769, which began in late September with Rosh Hashana, to be a Jubilee year on the Hebrew calendar. And if that's the case, the U.S. government appears to be in line with the times and seems to have become super spiritual lately. With the financial "crisis" looming heavy, many CEOs are finding that they can weather this thanks to the scriptural principles being put into practice by the federal goverment! It's rather heartening.

Let's list the bailouts and possible bailouts this year:

• Fannie
• Freddie
• GE Capital
• GMAC
• Chrysler Finance
• AIG
• Morgan Stanley
• Goldman Sachs
• American Express
• General Motors Corp.
• Ford Motor Co.
• Chrysler LLC
• and U.S. auto-parts makers

And more to come, so we've heard. If you want some comic relief, or possibly, some great ideas on how to cash in on the bailouts, read this witty piece by Elizabeth MacDonald of Fox Business News.

Unfortunately Israel doesn't abide by the jubilee year so my mortgage still stands (thankfully only at 3 percent interest though).