Tuesday, December 15, 2020

Democracy prevails

President Trump is an embarrassment. He and those supporters that are still disputing the election are enemies of democracy, the rule of law, and the Constitution. Quite frankly, they are no better than traitors. To those offended by this I suggest to prayerfully consider 1st Samuel 15:23a.

I agree with everything President-elect Biden said below on Monday evening, December 14th.

Sunday, March 29, 2020

Want to see the year of jubilee?

Some folks asked me, an economist, to explain the relevance of the Year of Jubilee and the impact of applying it today.  It may seem a bit pedantic, but I need to build up to the answer.  First, let’s look at what Jubilee was in the Bible.  Next, let’s explain what it wasn’t in the Bible.  Third, how do we apply it today?

What’s the Bible say?  The Year of Jubilee is explained in Leviticus 25:9-55. Please take a moment, click the preceding link, and read it. To see what is actually written in the Bible is of the upmost importance.  You should want God’s Word, not what others want you to think it means.

STOP!  Did you really read the passage?

Yeah, it is a long passage.  I know it is hard, but you can do it.  So MAN UP!  (Grow a couple.)  Click: Leviticus 25:9-55.  Let’s do this right!  If you can’t be bothered, then please stop reading this and go back to looking at cat videos and pictures of other people’s food on Facebook.

Highlights Concerning Property in Leviticus 25:
  • Land was an inheritance from God and could not be sold outright (v. 23).
  • Land could be “sold” but the owner or a relative could redeem it, or buy it back (v. 25).
  • The price of the land, and the price to redeem it, was based on how many years were left until the year of Jubilee (v. 26-27).
  • If no one redeemed it, then in the Year of Jubilee the land would revert to the original owner since it is his inheritance from the Lord (v. 28).
  • A house in a walled city could be sold in perpetuity but the owner had a right to redeem it only during the first year after the sale (v. 29-30).
Highlights Concerning People in Leviticus 25:
  •  Lending or selling for profit to an Israelite in need was prohibited (v. 35-37).
  • A poor Israelite could not sell himself and his family into slavery to another Israelite.  He must be treated as a hired hand and only required to serve until the Year of Jubilee (v. 39-40).
  • The Year of Jubilee did not apply to non-Israelites (sojourners and foreigners).  They could be bought and sold as slaves and owned in perpetuity (v. 44-46).
  •  A poor Israelite could sell himself and his family into slavery to a non-Israelite but only until the Year of Jubilee (v. 47, 54)
  •  All Israelites could be redeemed, whether serving as a hired worker to another Israelite or as a slave to a non-Israelite (v. 48-49).
  • As with land, the redemption price was based on how many years were left until the Year of Jubilee (v. 50-52).
Financially, the Year of Jubilee applies to two things:  the debts of Israelites repaid with labor, and the land that God gave as an inheritance to the Israelites.  First, non-Israelite slaves were not set free.  The Jubilee only applied to slaves who were Israelites.  The Children of Israel belonged to God.  They could not sell themselves into perpetual slavery because they were not their own, but God’s property.  Second, the land was a gift from God, an inheritance, bequeathed with the unchangeable restriction that it was the permanent possession of the Children of Israel.  In short, they could not sell it outright.  It is like Canton’s Village Park which is actually owned by the Presbyterian Church.  It was bequeathed to the church with a restrictive covenant that it could not be sold.  The church cannot give the land title to the Village of Canton and be done with it, even with the guarantee of its continued use as a park.  Neither could the Children of Israel sell their land in perpetuity. 

What’s NOT in the Bible?  An implication of the above is that none of the following has anything to do with the Year of Jubilee:
  • Cancel all debts!
  • Stop the foreclosures!
  •  Free those in financial bondage!
You might be thinking that although it may not literally be in the Bible, can’t the Year of Jubilee be an application of biblical principles that are indicative of God’s desire, his heart for social justice for those in financial bondage?

No.

Why not?  The short answer is because such an application uses the Bible to deny, even pervert, the picture of God’s mercy, love and holiness.

(As you might suspect, the long answer is to follow.)

In Leviticus 25 the Jubilee requires neither the renunciation of debts nor the nullification of agreements or contracts.  The agreement to the sale of land is not voided by the Jubilee because there never was a sale in perpetuity.  It is very clear that both sides were to understand up front that purchasing use of the land was only temporary until a buyback (redemption) or until the Year of Jubilee.  God said, “And if you make a sale to your neighbor or buy from your neighbor, you shall not wrong one another” (v. 14) when outlining the amount of the sale and the redemption prices.  Likewise, the obligation of a hired man or an Israelite slave to work was also known to everyone involved to be temporary until a buyback or the Year of Jubilee.

Of course there are numerous Bible verses concerning the forgiveness, including the forgiveness of debt.  However, the admonition to forgive debts is always to the lender not the borrower.  Forgiveness is voluntary, not imposed by a third party, and certainly not by God.

No one is entitled to receive forgiveness.

God is a promise keeper, not a promise breaker.  He will not coerce a lender to accept another person’s violation of an agreement.  God is all powerful but not unrighteous.

How Do We Apply the Year of Jubilee Today?  The Year of Jubilee presents a beautiful picture of God’s love for his people.  The Children of Israel received an inheritance of land from God.  God guaranteed this inheritance would be restored even if someone purposed to lose it.  Children of Israel may put themselves into slavery but God guaranteed they would be restored.  They were His.

Today each of us was once part of a people who were not His people.  With our sin, we each sold ourselves into slavery.  We belonged to Satan and he was not about to forgive our sins and set us free.  Rather, Jesus redeemed us.  Satan was not forced to renounce his hold over us.  We were not stolen from Satan as a result of the coercion of an all-power God.  Rather, Jesus redeemed us.  The price for sin was death but Jesus paid the price for our sins, life for life, with his own blood.  There is no entitlement to receive such forgiveness.  Rather, Jesus redeemed us.
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Since Jesus redeemed us, we are now the Children of God by adoption.  We are his and he can renounce the debt of sin because he paid for it.  God owns us and we cannot change that even if we want to because we are not our own but were bought with a price.

In accepting Christ's redemption, we are co-heirs with Jesus.  We cannot lose our inheritance.

Jubilee is not about a Get-Out-of-Debt-Free Card.  It is all about Jesus.  Jesus is our Jubilee.