I am writing from my comfortable apartment in beautiful Tampa Florida.
William Earnhardt’s Financial Bailout Plan
Okay, we all know I am no economic expert, but I think what we are discovering here is that we don’t have any economic experts! The reason we are having a world financial crisis is because the world’s financial policy is the exact opposite of Biblical financial policy.
Jesus says “The meek will inherit the earth.” Matthew 5:5
The world says the greedy will inherit the earth. Sorry I have to go with Jesus on this one. And Jesus was not making a dictatorial decree when He said that. He was just revealing a law of nature. A law Wall Street will never learn, thus our financial dilemma today.
My bailout plan includes forgetting about yourself, and living to benefit others.
[Let] nothing [be done] through strife or vainglory; but in lowliness of mind let each esteem other better than themselves. Look not every man on his own things, but every man also on the things of others. Philippians 2:3-4
The Bible says, “If thou lend money to [any of] my people [that is] poor by thee, thou shalt not be to him as an usurer, neither shalt thou lay upon him usury.” Exodus 22:25
We have a big problem here because the world banking business makes its profit from something that is strictly prohibited in the Bible-charging interest. Again I understand I am no financial expert here, but I can’t help but see red flags when your financial game plan is strictly prohibited in the Bible. Not that God will curse us for going against His plan, but God warned us against charging interest because He knew where it would lead to. By now we should see that too.
My bailout plan includes doing away with charging people interests on their loans. I know economy majors are laughing at me right now, but I don’t see anyone laughing on Wall Street right now, and once again I have to go with the Bible here again.
A couple thousand years ago a prophet hanging out near the Jordan River said, “be content with your wages.” Luke 3:14
The world tells us if we don’t make enough to get what we want then charge it or borrow money for it. (while creditors should not be charging interest, borrowers should not be borrowing money just to keep up with the Joneses.) I know it sounds crazy, but I have to go with the prophet hanging out down by the river instead of those Wall Street gurus.
Borrowing money is actually lying. We lie to ourselves when we tell ourselves our credit level is actually money that we have. It is not our money it is the banks money. When we are content with our wages we develop something essential for survival, and that is self control and character. In the 30s people survived the depression with their self control, character and creativity. Credit cards and rotting our brains watching TV have all destroyed our character, self control and creativity. I shudder to think what a depression will be like this time.
I remember as a little kid in the late sixties and early seventies going to a little Mexican restaurant in Tulsa. We went on Wednesdays when their enchilada dinner was a dollar off. I remember asking my parents, ‘Can we go to the Monterey House today?” And my mother would answer, “No it is not Wednesday and they do not have their dollar off the enchilada dinner today.” I have not seen that kind of reasoning in years. My parents have always been generous towards others and thrifty with themselves. Frankly they have seen good times and bad times financially, but to be honest I can’t really recall exactly when they were rich or when they were poor because in either case they have always practiced, character, self control and creativity.
Again I am no financial wizard so it took me years to wake up and make this observation. Poor people are poor because they live like they are rich and rich people are rich because they live like they are poor. Sure there are exceptions, but it all comes down to character, self control and creativity. My mother was creative and would make us tuna gravy on toast. I loved it! It was not till a few years ago my mom said she made that just because we did not have a lot of money. I had no clue. I thought she was making it because it was delicious!
Fifty years ago you saw someone driving a Porsche and you thought, “Man they are rich!” Today you see someone driving a Porsche and you think, “Man are they in debt!”
My bailout plan includes making character and self control the fabric of our lives again.
But seek ye first the kingdom of God, and his righteousness; and all these things shall be added unto you. Matthew 6:33 Wall street is now missing “all these things” because they never sought “His righteousness”. Again Jesus was not being dictatorial in Matthew 6:33, He was just trying to explain to Wall Street another law of nature.
Malachi 3:10 says, “Bring ye all the tithes into the storehouse, that there may be meat in mine house, and prove me now herewith, saith the LORD of hosts, if I will not open you the windows of heaven, and pour you out a blessing, that [there shall] not [be room] enough [to receive it].”
I am no economics major but I have a message for Wall Street. The tithing system cures the greed that has brought on your recession. I have another message that will baffle math experts as well as economists. After you tithe, 90% of your pay check goes further than 100% of your pay check without tithing. Tithing is a systematic way to overcome greed. Greed is what has lead people to borrow more money than they can pay back, thus causing banks to go under. Greed is what has led people to spend more money than they have so they can live the lie that they are richer than they really are. You may think I am crazy Wall Street, but I believe the tithing system will cure the character problems that have brought about our economic decline. Sounds crazy I know, but I dare you to try it! At this point, what do you have to lose?
My bailout plan includes systematically returning tithes and giving offerings. This will help us develop the character, self control and creativity that will help us survive what is ahead for us as a nation.
God Himself says, “And thou shalt number seven sabbaths of years unto thee, seven times seven years; and the space of the seven sabbaths of years shall be unto thee forty and nine years. Then shalt thou cause the trumpet of the jubilee to sound on the tenth [day] of the seventh month, in the day of atonement shall ye make the trumpet sound throughout all your land. And ye shall hallow the fiftieth year, and proclaim liberty throughout [all] the land unto all the inhabitants thereof: it shall be a jubilee unto you; and ye shall return every man unto his possession, and ye shall return every man unto his family. A jubilee shall that fiftieth year be unto you: ye shall not sow, neither reap that which groweth of itself in it, nor gather [the grapes] in it of thy vine undressed.
For it [is] the jubilee; it shall be holy unto you: ye shall eat the increase thereof out of the field. In the year of this jubilee ye shall return every man unto his possession.
And if thou sell ought unto thy neighbour, or buyest [ought] of thy neighbour’s hand, ye shall not oppress one another: According to the number of years after the jubilee thou shalt buy of thy neighbour, [and] according unto the number of years of the fruits he shall sell unto thee: According to the multitude of years thou shalt increase the price thereof, and according to the fewness of years thou shalt diminish the price of it: for [according] to the number [of the years] of the fruits doth he sell unto thee. Ye shall not therefore oppress one another; but thou shalt fear thy God: for I [am] the LORD your God. Leviticus 25:8-17
Forgiveness!! Debts forgiven! Wall Street will never go for this especially the more they themselves are in debt but I am going out on a limb here in allowing people to question my sanity by saying this, if you want to get out of debt, then cancel the debts of your debtors. Wall Street will tell you the first step out of debt is to collect all that is owed to you so you can in turn pay your debtors. Wall Street will never accept a “year of jubilee” where all debts are cancelled and debtors are not oppressed but set free. Therefore Wall Street will never be a sound infallible financial institution.
My bailout plan includes canceling the debts that are owed to me so that I can get in on God’s financial plan which is the only sound plan there is. Again there is a natural law that the Merciful will obtain mercy and forgiving people will be forgiven. Wall Street may not buy into it, but there is One who over rules Wall Street.
The Republicans are accused of having their eyes on Wall Street while the Democrats say let’s watch Main Street. My bailout plan has nothing to do with where Wall Street or Main Street is. Lets follow the plan that comes from Gold Streets! Hhhhmmm…. Think about it, my plan comes straight from a place that is so financially sound they pave the streets with gold. Brave enough to try my plan?