Economic Crisis

The United States House of Representatives approved a "bail out" bill today ending a fierce debate in our nation's captial over the past two weeks. I use the word "ending" quite loosely for the economic problems of our country are far from over. Personally, I was against such a "bail out" and had asked my representatives to oppose it. Nevertheless, both houses of Congress have approved the bill. No matter who is elected the next President, they will inherit quite a mess.

I briefly chatted with a work associate this week. He has been looking forward to retiring in a couple of years. Like most of us, his retirement package has been hammered hard by the activity on Wall Street these past two weeks. He told me he had cashed out his stock, taking quite a loss in the process. But he feared the entire economy was about to crash and decided to get what he could on the deal. Since I am no economic expert, I have left my investments alone. I'm certain that was probably not very wise but I decided just to ride this out.

My family is not wealthy despite the good salary I make. Raising my children and trying to provide for my family without being a complete Scrooge consumes lots of my funds. Also, contributing to the work of our local church as well as various missionary ventures requires significant investments. So, I have never considered retiring from working until the Lord makes it impossible for me to work. I am not complaining, just stating the facts. Accumulating money for retirement has never been a priority in my life. We are not wealthy and likely never will be.

So, in the midst of such turmoil as we have seen this month, it is easy to get caught up in the world's view of the situation and panic about our future. At times like these, we need to return to God's Word. Listen to Paul's Word in 1 Timothy 6.

Perverse disputings of men of corrupt minds, and destitute of the truth, supposing that gain is godliness: from such withdraw thyself. But godliness with contentment is great gain. For we brought nothing into this world, and it is certain we can carry nothing out. And having food and raiment let us be therewith content. But they that will be rich fall into temptation and a snare, and into many foolish and hurtful lusts, which drown men in destruction and perdition. For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows. But thou, O man of God, flee these things; and follow after righteousness, godliness, faith, love, patience, meekness. (1 Timothy 6:5-11)

Being rich is not necessary evil. Loving one's riches and living for them is.

Let us be satisfied with what the Lord has given us and make certain our number one goal in life is to glorify Him.