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The lord does work in mysterious ways, particularly when there is a government bailout involved.
According to Reuters, one of Detroit's largest churches placed three hybrid SUVs on its alter as its congregation prayed for a Congressional bailout.
"We have never seen as midnight an hour as we face this week," the Rev. Charles Ellis told several thousand congregants at a rousing service at Detroit's Greater Grace Temple., the news service said. "This week, lives are hanging above an abyss of uncertainty as both houses of Congress decide whether to extend a helping hand."
Other religious groups in Detroit also urged Congress to pass the help for the auto industry. None, though, appears to have turned their sanctuary into a car dealership. It almost seems as though they were worshiping a golden calf. But my question for these sincere people is what are praying for?
Money is not going to solve the problems of the automakers. Mark Zandi of Moody's Economy.com estimates that the automakers will need as much as $125 billion. The bailout being debated in Congress would include $15 billion in funding, just enough to get Ford (NYSE: F), General Motors (NYSE: GM) and Chrysler LLC through the next few weeks. What the actual figure is anybody's guess.
Maybe the congregants should beseech the almighty to inspire the designers at these companies to create cars people want to buy. Let's remember that the people who are going with their hat in hand to Washington created such monuments to ugliness as the Pontiac Aztek.
The religious-minded better not close their prayer books quite yet.
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