Good or bad news?

Fraters Libertas links a number of reasons why one man feels that the Pelosi/Reid/Obama recession will last quite a long time. While some of the reasons seem quite indicative of a long recession, others bode quite well if one thinks Biblically. Specifically, lending is down quite a bit, and if a good portion of that is people wising up to the bondage that is debt, we can expect many of those people to enjoy far better long term prosperity and help their neighbors out of the recession.

The article lists some very ominous signs as well, such as incredible inflation of the money supply and B. Hussein's version of Smoot-Hawley, but I have the hope that people are indeed figuring out that bondage to the Federal Reserve and debt is a bad thing, and acting accordingly.