Friday, October 24, 2008

Respond to the Financial Crisis? Come out of Babylon!

A German Church has been directly affected by the credit crunch. In recent years, its income (German's law offers churches income directly through the tax payer's "Kirchensteuer") has been hit by a drop in membership fees. But its expenses remained the same.

So, to boost the coffers, the local church put its faith (faith in what??) in financial markets and made an investment in Lehman Brothers. As a result, the church is set to lose its 4.3m-euro investment. Lehman Brothers securities were considered a good, safe investment, the church official said. (read the whole story in BBC)

Recently, I had to hear these stories very often how believers have lost vast sums of their portfolios. Even this week, during a teaching on how to respond to the financial crisis by a reknowed teacher, he himself admitted he lost in the 6 digits! ... what a testimony!

Where
has
the
commandmend

"feed my sheep" gone?

John 21:15




Where do we find in Scriptures we have to invest our hard worked money into financial markets (read: dishonest scales and weights, Proverbs 11:1) over which we have; 1/ no control, 2/ no wisdom how it works and 3/ most of the time, statistically lose money anyhow... ?

I think this is again a hard learned lesson on how we have to spend our money. At least the pastor ended his teaching wise, saying we have to go back to basics, take care of the poor people ( believe me there are enough of them and if you can't find them, just ask me...) and use our money for 2 things that will last: 1/ the Word of God and our Faith in Him (not in financial instruments where moth and rust will destroy) and 2/ in souls!! (the latter the most important!)

Make friends with your money (Luke 16:9) : feed a poor needy soul, help your neighbour, a colleague who got retrenched, a sick person with no medical treatement, a child or orphan in Africa, India, etc...

Jesus says in in Matthew 25:37 to 46 to feed the poor" 'I tell you the truth, whatever you did not do for one of the least of these, you did not do for me."...

So, please do not let me know you also have lost money on the stock exchange, funds, or any other financial debt instruments. It will break my heart, definitely God's and frustrates the poor child, still wondering why his prayers for his 'daily bread' are not answered...

As one commercial in the metro sytem warned. "If you do not know what the book is about, put it down." Likewise for investments: ... put it down: you have no idea how it works... If you want to know, read the book of J M Keynes, The Economic Consequences of the Peace, Chapter 6, Europe after the Treaty...then you will know...

"An anxious soul is a soul who constantly wonders how his investment is doing.
A soul at rest is a soul who knows he has helped a needy soul."
, JT Clierinck

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