Water Of The Word 083 Newsletter

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MESSAGE - Why This Financial Crisis?

"You must have accurate and honest weights and measures, so that you may live long in the land the LORD your God is giving you." Deut. 25:15

Why do we have this financial crisis? Many point to surface causes and seek bandaid solutions. The root cause is really simple. We do not operate our money system according to God's laws. I have said for a long time that the money system must totally collapse - that hasn't happened yet - for the simple reason that ANY system that violates the Word of God must sooner or later collapse unless it returns to a Godly base. It is inevitable, since only God's systems work.

In fact, the first report I wrote in the Financial Section, There Is Counterfeit Money In Your Wallet, was along these lines. Many Christians don't even realize that God has a way for the money system to operate. They have rejected Biblical Law so they are stuck with the ever-worsening "solutions" of the world. Christians need to take time to study economics [and other issues] from God's perspective.

What is God's system? Basically, it is to have honest weights and measures. In relationship to money, that means that money has to have value. In other words, money has to be backed by something. Normally, it has been gold but what it is backed by doesn't matter as much as that it is backed by something that people want. This prevents governments from inflating the currency. No more paper money or digital dollars can be created than they have gold [or whatever] to redeemed it.

Inflation, deflation, recession, depression, etc. all come as a result of unbacked currency. It is often called "hidden" taxation, and it is always theft. It steals from people because their money is worth less than it was before. That cannot happen on a gold standard, which is why governments hate the gold standard - it limits and restrains them.

Fractional Reserve Banking is a part of this system and also represents theft. It loans out more money that it has. In an honest system, you can only loan what you have - not what you don't have.

When will the money system totally collapse? Only God knows. It may last for another hundred years, or it may totally collapse in a few years. As Christians we do not live in fear, but we need to be wise and prepared. Both Gary North and Tom Rose have books out on Christian Economics. It is certainly an area that Christians need to know and understand.

SPECIAL OFFER

Have you every wondered why two intelligent people can look at the same fact and come to different conclusions? Have you ever wondered how someone can present a systematic, logical argument for another religion, yet you know they are wrong? Have you ever wondered how humanists can make things sound so right? The answer lies in their presuppositions. It is like building a house. The above ground portion can look and be great, but if the unseen foundation is bad the house will collapse. In the same way, a person's "above ground" reasoning may be logical but if it is built on a false presupposition [or assumption] then it is worthless. When talking to people also look for the presuppositions on which they are building their case.

A great e-book on this subject is Presuppositions And World Views by Rev. LeRoy Davis. It looks at the presuppositions that various religions and governmental systems are built on. An excellent e-book for anyone wanting to go beneath the surface and see how different assumptions shape our world and direct our lives. Regular price $15.00 ON SALE NOW for ONLY $7.50! Sale will end Nov. 17th. Order Now so you don't forget and miss this deal!

BOOK REVIEW

Institutes Of Biblical Law by R.J. Rushdoony is a reference/research book which should be on every Christian's bookshelf. If we fail to understand Biblical Law we will fail to understand how God wants this planet operated. We, even through we are Christians, will be grasping at the same failing solutions that the world uses. We must know God's ways and Institutes of Biblical Law lays a good foundation for the knowledge. It groups all God's various laws under one or more of the Ten Commandments and shows both how it has operated [or been violated] in history and how it is to be applied in our world today. Ignorance will not be an excuse on the Final Day. Learn today.

WEBSITE PICK

American Vision is a great website even if you are not American. While they sell books there is a lot of good free information under the archives. I recommend you check out the Refuting Atheism short video under the media archive. You see two "nice" guys...but are they really nice? Also, you can hear Dr. Gary North speak on the current economics crisis. There are many articles in the Article Archive as well.

PERSONAL BLOG

In my article on wise planning I recommended considering a home business on the side in case something happens to your main job. Under the current economic conditions this is even more important. As Gary North pointed out in his recent newsletter, many people who were counting on being able to retire are now going to need to keep working, which also means than many people who were counting on promotions when those people retired are now going to be stuck in their current position for a long time. Company cutbacks may force layoffs. My advice then still applies: have a backup plan.

If possible, turn a hobby you enjoy into a business. That way it is not a drudgery but a delight. Unfortunately, starting a business is usually expensive and time consuming. One way avoid high expense is to operate a website. Now you may laugh because you know that the vast majority of websites are expensive, have little traffic, and make no money. However, there is one company which consistently over delivers on its promises. It is reasonably priced. Comes with a step-by-step guide that anyone - even with no computer experience - can follow which explains not only how to set up your site but also how to rank high in the search engines and how to make money with your site. Is it for everyone? No. No one business can ever be right for everyone, but this one can be done by anyone Click here for proof that it works and to see what others are saying. Click here to let your mind soar with the possibilities! This is NOT a get-rich-quick scheme, but with the right idea [hint: don't market exclusively to Christians!] you can grow a steady income over time. But whatever you decide, have a backup financial plan for sure.

ANNOUNCEMENTS

We have added three new pages to our site. In the wisdom section we have The Secret Of Feeling Attractive To God by Bob Sorge. In the Christian Life section we have The Cause Of Christ. And finally, our blog on the Gospel of Matthew has reached the half way point so we have started a new page: Matthew Part II.

God bless you,
Glenn Davis
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