Posts Tagged ‘the banks agreed to pay criminal fines of more than $2.5 billion’
Banks, Real Estate, and Insurance Companies Crush The People
The Bible has a lot to say on the subject of injustice. We know that God is in favor of justice; we know that He is against injustice, even in the most basic terms. The writer of Proverbs mentions this: “The LORD detests differing weights, / and dishonest scales do not please him” (Proverbs 20:23).…
Merrill Lynch Caught Criminally Manipulating Precious Metals Market “Thousands of Times” over 6 Years
The Bible explains the reason for the trouble. Humanity is sinful, not just in theory or in practice but by nature. Sin is part of the very fiber of our being. The Bible speaks of “sinful flesh” in Romans 8:3. It’s our “earthly nature” that produces the list of sins in Colossians 3:5. And Romans 6:6 speaks of “the…
Bank of Japan Stealth-Tapers Further
These same money changers were associated with others who engaged in shady business practices in the temple courts. Some sold sacrificial animals, overcharging people who did not bring their own. Others were in charge of examining the animals to be sacrificed, and it was a simple matter to declare an animal “unapproved” and force the worshiper…
The Wolves on Wall Street Have Turned on Each Other
The money changers in the temple courts were similar to tax collectors in that they extorted money from their own people. They were more than ordinary businessmen. They were seeking to profit financially from the worship of God. Wherever passion and zeal are found, there will also be those who seek to profit from that zeal. Paul…
The Six Megabanks have not skipped a beat when it comes to committing fraud, market manipulation, and other abuses against their clients, investors, and the financial markets themselves.
Paul’s charge to us in Romans 13:8 to owe nothing but love is a powerful reminder of God’s distaste for all forms of debt that are not being paid in a timely manner (see also Psalm 37:21). At the same time, the Bible does not explicitly command against all forms of debt. The Bible warns against debt, and…