We asked several questions: What kind of work should we do? How should we mange our time? What "taxes" are we required to pay? How should we spend our wealth? How should we invest our wealth? How should we preserve and grow our wealth? This is what we believe our Bible study taught us about economics:
1. We should work to glorify God, grow His Kingdom on earth.
2. The work should produce fantastic safe infrastructure, be innovative, earth friendly, healthy, farmer friendly, family oriented, community oriented, helpful to widows and orphans, liberating, responsible, peaceful, with foundations, businesses and agencies producing,providing and serving every gift and talent that God graced man with.
3. After Caesar's taxes (likened to locusts) our Net pay should be allocated: a) 1% to pay for the priest of our own choice for worship
b) 9% donated to an agency, foundation, or business of our choice "Holy unto the LORD"
c) 5% donated to help the poor of our choice (could be widow/orphan)
d) 5% to spend with our family to rejoice in the Lord (holiday funds)
e) 50% towards family business (about 17 grams of silver/year towards justice - haven't figured the application for this one out yet)
f) 20% towards investing in commodities
g) 10% long term savings to be preserved in cases of dire emergency but hopefully and inheritance for our children. (gold)
h) NO long term DEBT (in case of emergencies God allows a 6 year debt - MAX), (In countries where there is property tax - 30 year fixed rate mortgages are considered paying rent - This would also protect your family against the statist inflation tax.
Wednesday, November 26, 2008
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Economics for your Children:
Teach your children not to be debtors.
Look up the laws of economic liberty
Liberty's Dictator, our triune God, tells us His law word needs to be established in every area of life. Economics is one of those areas. The world economy today is doomed because it's two classes, the hosts and the parasites, are morally and religiously corrupt. Instead of being a participant of that fiat law order of economic private property destruction (sooner or later); recognize, learn, and establish the law that is regenerating (to name a few):
- Not to steal money stealthily Lev. 19:11
- The court must implement punitive measures against the thief Ex. 21:37
- Each individual must ensure that his scales and weights are accurate Lev. 19:36
- Not to commit injustice with scales and weights Lev. 19:35
- Not to possess inaccurate scales and weights even if they are not for use Deut. 25:13
- Not to move a boundary marker to steal someone's property Deut. 19:14
- Not to kidnap Ex. 20:13
- Not to rob openly Lev. 19:13
- Not to withhold wages or fail to repay a debt Lev. 19:13
- Not to covet and scheme to acquire another's possession Ex. 20:14
- Not to desire another's possession Deut. 5:18
- Return the robbed object or its value Lev. 5:23
- The court must implement laws against the one who assaults another or damages another's property Ex. 21:18
- Not to murder Ex. 20:12
- Not to accept monetary restitution to atone for the murderer Num. 35:31
- The court must send the accidental murderer to a city of refuge Num. 35:25
- Not to accept monetary restitution instead of being sent to a city of refuge Num. 35:32
- Not to leave others distraught with their burdens (but to help either load or unload) Deut. 22:4
- Conduct sales according to biblical law Lev. 25:14
- Not to overcharge or underpay for an article Lev. 25:14
- Not to insult or harm anybody with words Lev. 25:17
- Not to cheat a convert monetarily Ex. 22:20
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