Debt and Bondage February 18, 2011

by Will

Will Grigg?s Liberty Minute

February 18, 2011

The Bible?s Book of Proverbs teaches that ?The rich rule over the poor, and the borrower is servant to the lender.? Debt is one of the most common forms of enslavement, oppressing households and nations alike. Our country, the purported Land of the Free, has sold itself into bondage through persistent public profligacy.

The Gospel of Luke records Jesus?s teaching that what is whispered in secret will someday be shouted from the rooftops. One of the unpleasant state secrets revealed through WikiLeaks is the extent to which the government ruling us has become susceptible to demands made by its Chinese creditors.

A June 2009 cable describes how China?s Sovereign Wealth Fund pressured Treasury Secretary Timothy Geithner to speed approval of a taxpayer-funded subsidy of Morgan Stanley, an investment bank in which the Chinese government had substantial interests. This was just one of several favors in which Washington placated its creditors in Beijing at the expense of taxpayers who are rapidly being reduced to undisguised serfdom.

Let us take back the liberty wherewith Christ has made us free.

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