Lessons from America
I recently heard someone say that Americans are losing their homes to the banks at the rate of 1 every 13 seconds. I wasn’t sure if that was correct so thought it best to check for myself. According to the Wall St Journal, there were approx 120,000 U.S. home foreclosures in February 2009. At my reckoning, that works out at 1 every 21 seconds. Not quite 1 every 13 seconds but still, a significant number.
How awful this must be for those who have labored, sacrificed and struggled, to obtain these properties, only to see them disappear before their eyes. In some ways it reminds me of a type of modern day slavery and legalized theft. Big business, corporations and financial institutions make merchandise of mens souls. Rev 18:13
I guess the tragedy about this whole affair is that the people willingly partook of this game. It was sold to them as “The Dream”. Be it the great Australian dream, or the American dream, the dream of home ownership, with the promise of a prosperous future, and financial security.
But now, every 21 seconds “the American dream” becomes a nightmare. The reality that people have been unwittingly yoked into the bondage of modern day slavery is realized, and they wake up homeless in the land their forefathers conquered.
Some 218 years ago, one of Americas founding fathers made a profound statement. Whether Thomas Jefferson was a man of faith or not, I do not know, but I know this. His prophetic warning was ignored and is now fulfilled in this generation.
“I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a money aristocracy that has set the government at defiance. This issuing power should be taken from the banks and restored to the people to whom it properly belongs. If the American people ever allow private banks to control the issue of currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers conquered” Thomas Jefferson, 1791
Of course history records that much of what Jefferson warned against, was fulfilled when the government handed much of the US financial system to an independent corporation, the Federal Reserve.
Australians need to pay attention to what is presently unfolding in the U.S. We are playing a very similar game in many respects, supposing that there will be an altogether different outcome.
I believe that dream is coming to an end and it’s a hard lesson for many. Men have been beguiled by the promise of serving mammon and self, only to discover a hard master.
Such a master you shall not find in the service of Christ. As we live out these last days, serve Him Christian, do it with all of your heart and strength. Do not be beguiled as many have been, do not lay up your treasure on earth, where rust and moth destroy, and thieves break in and steal. Serve Christ and you shall have treasure in heaven, where your treasure is secure.
Mat 6:19 “Do not lay up for yourselves treasures on earth, where moth and rust destroy and where thieves break in and steal;
Mat 6:20 but lay up for yourselves treasures in heaven, where neither moth nor rust destroys and where thieves do not break in and steal.
Mat 6:21 For where your treasure is, there your heart will be also.
