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Christians Living In Babylonian Captivity
publication date: Dec 16, 2009
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author/source: CJP
Unlike Israel that was carried away into Babylon, many
Christians unknowingly and willingly have waltzed their way into
Babylonian captivity. How is that you say?
If you are in debt or owe
money to anyone, you and/or your collateral are in bondage to a person...the lender. You are being held captive by your debt
financially and spiritually. You may think you are free, but in reality you are in captivity and will be until the bonds of debt are released.
Unfortunately, the modern day lenders do not practice a seven year sabbatical release of debts owed to them. In addition, they also don't return your collateral if you don't pay them.
Debt should only be incurred if it is for emergency use and can be paid back quickly. And prior to doing that, a Christian should seek to receive aid from his fellow brethren that is not a loan, but a gift.
"Do good, and lend, hoping for nothing in return; and your reward will be much." -Luke 6:35
I came acroos a short article from R.J. Rushdooney called Usury and Cosmic Personalism. Here are some things I gleaned from this article:
To borrow meant tragedy
The believer cannot mortgage his future. His life belongs to God, and he cannot sell out his tomorrows to men, nor bind his family's or country's future. This means that long-term personal loans, deficit financing, and national debts involve paganism.
The believer lives in a world of unbelievers, and commercial credit is
the order of the day. Interest is not condemned in the New
Testament, but debt on the part of believers is to be avoided.
However, the intrusion of Babylonian practices into the temple met with
Christ’s whip. The believer must be in the world but not of the
world.
The modern system of commercial credit is, like the Babylonian, a form
of slavery. The Civil War saw the abolition of limited private slavery,
involving three million people, and the imposition of slavery to the
state and the furtherance of slavery to financial interests. Some
people are by nature slaves, demanding total security of a master,
employer, or of the state. But to impose slavery on our children is no
less a sin.
The Babylonians were money-lenders not only out of dedicated policy but with fervor, zest, and relish.
It is not surprising that Babylon the Great, the harlot, is the type in
Revelation of the one-world order which shall seduce all nations.
For biblical economy, loans are not the basis of normal operation as
with Babylon, but of abnormal circumstances. As such, and definitely as
such, they have their place, but they operate in terms of implicit as
well as explicit restrictions. Two kinds of loans were recognized: to
the believer without usury but with security, and to the unbeliever,
with usury and security. But in both instances the presupposition is
that something real, in goods or in money, is transferred, a tangible
asset involving only the two parties to the contract. Modern banking,
however, is radically different. Banks “create” money by fiat and by
the unilateral action of simply recording a loan and a deposit on their
books. The consequence is, not the personal and limited action of a
biblical loan, but inflation, the dilution of the prior relationship of
money units to total goods and services. As a result, there is a
dilution of all money, and such “loans” mean an element of robbery in
that they reduce the value of all other money units previously in
existence. Fractional reserves and modern central banking (i.e., the
Federal Reserve System) are modern applications of the old Babylonian
principles and are equally conducive to the dream of empire. Biblical law is hostile to this pyramiding of credit. The impersonal economics of Babylon and of today are thus anti-biblical
and are attempts to substitute fiat “creations” of man for the absolute
government of God. As such, they incur the wrath of God, whose advance
judgment Scripture proclaims: “Babylon the great is fallen, is fallen…
And the merchants of the earth shall weep and mourn over her…” In
terms of this comes the summons, “Come out of her, my people, that ye
be not partakers of her sins, and that ye receive not of her plagues.”
Debt was not to be a normal thing or a way of life. Debt was an
emergency, or “need,” matter, not normally a consumption loan, and only
a severely conservative production loan.
You can read the entire article here.

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