DEBT FAMILY SNAPSHOT – NOVEMBER 2015

13 November 2015/1 Kislev 5776

Source: The Washington Times http://www.washingtontimes.com/news/2015/nov/12/government-adds-record-339-billion-to-national-deb/
Source: The Washington Times http://www.washingtontimes.com/news/2015/nov/12/government-adds-record-339-billion-to-national-deb/

“The rich rule the poor, and the borrower is slave to the lender.” – Proverbs 22:7 CJB

The above words represent ancient Jewish wisdom from approximately 2,700 years ago. Wisdom is eternal. Wisdom is timeless, but foolishness sprouts anew every generation.

Source: The National Debt Clock http://www.usdebtclock.org/
Source: The National Debt Clock http://www.usdebtclock.org/

One hears about our national debt, but local debt is the financial ‘quicksand’ upon which we stand.

Source: Texas Comptroller http://www.texastransparency.org/Special_Features/Debt_at_a_Glance/County.php?countyname=Rockwall%20County&countysubmit=GO
Source: Texas Comptroller http://www.texastransparency.org/Special_Features/Debt_at_a_Glance/County.php?countyname=Rockwall%20County&countysubmit=GO
Source: Texas Comptroller http://www.texastransparency.org/Special_Features/Debt_at_a_Glance/ISD.php?isdname=Rockwall%20ISD&isdsubmit=GO
Source: Texas Comptroller http://www.texastransparency.org/Special_Features/Debt_at_a_Glance/ISD.php?isdname=Rockwall%20ISD&isdsubmit=GO

God scheduled economic resets: the sh’mittah and the yovel [Jubilee]

“At the end of every seven years you are to have a sh’mittah. Here is how the sh’mittah is to be done: every creditor is to give up what he has loaned to his fellow member of the community — he is not to force his neighbor or relative to repay it, because Adonai’s time of remission has been proclaimed.”
Deuteronomy 15:1-2 Complete Jewish Bible (CJB)

“‘You are to count seven Shabbats of years, seven times seven years, that is, forty-nine years. Then, on the tenth day of the seventh month, on Yom-Kippur, you are to sound a blast on the shofar; you are to sound the shofar all through your land; and you are to consecrate the fiftieth year, proclaiming freedom throughout the land to all its inhabitants. It will be a yovel [Jubilee] for you; you will return everyone to the land he owns, and everyone is to return to his family.”
Leviticus 25:8-10 Complete Jewish Bible (CJB)

Welcome to the year of Jubilee.

John White

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