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Wednesday, May 13, 2009

LENDING:THE RECIPE FOR SOCIAL CATASTROPHE

Proverbs 17:18
A man void of understanding striketh hands, and becometh surety in the presence of his friend.

The idea here is that your friend cannot get a loan. Creditors do not trust him or his credit (same thing). Your friend then banks of your friendship, as well as good ‘credit rating’ and reputation to co-sign, a loan with him.

Common sense should tell me that if my friend cannot get a loan, it could be that he is a risky investment. For me to co-sign a loan with him could take me, and my whole family down. Only a person ‘void of understanding’ would agree to such a thing. My son, if thou be surety for thy friend, if thou hast stricken thy hand with a stranger, thou art snared with the words of thy mouth, thou art taken with the words of thy mouth. Do this now, my son, and deliver thyself, when thou art come into the hand of thy friend; go, humble thyself, and make sure thy friend. Give not sleep to thine eyes, nor slumber to thine eyelids. Deliver thyself as a roe from the hand of the hunter, and as a bird from the hand of the fowler. Proverbs 6:1-5

The preceding proverb tells us that a friend loves at all times, but this may be a case when the person showing love should be the person in need, by not asking his ‘friend’ to guaranty for him.

The insanity of the lending system is played out in front of our eyes in our generation today. People and banks loan to each other; they ‘strike hands’ in guaranty to each other for ‘toxic loans’. The taxpayers are now bailing these financial institutions out and as unfair as it seems, it brings the payment back to the original people: the loaners.

The Word teaches us to give to him that asks of us; not loan. That is because the borrower is servant to the lender and we do not want this sort of owing relationship between brethren. It is the recipe to social catastrophe.

May Yeshua return quickly to deliver us from the insanity of man and put us back in God’s financial system as described, and prescribed in His Words.

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