Pastor Randy has written a good post for us!

We can generalize what he has written a bit. In these recent banking failures, we can detect the consequences of idolatry. If we serve an idol instead of serving God by helping our fellow man (or customer), we can fall into the trap we have laid for others.

What idol would a banker worship? Crony Capitalism is the worship of money. In the throes of our worship of money, we can lose our minds and throw in with politicians whose policies are almost certain to destroy our economy and our country.

Inflation driven by excessive spending is the primary cause of these banking failures.

Did irresponsibility have a role? Did ignoring the consequences have a role? Yes and yes.

Banks exist to loan money. When interest rates go up, that reduces the value of their loans. If interest rates rise high enough and fast enough, long term loans made at lower interest rates suddenly start to become worth less. That can quickly put banks out of business.

An unstable currency is a direct threat to the finance industry. Unfortunately, instead of defending the value of our currency, bankers too often focus on buying politicians. The banks that went belly up did a lot of that, actually. Look where it got them.

There is no honor among thieves. Remember Proverbs 1:8-19.

As voters, we too can be Crony Capitalists. We too can listen to false promises of scoundrels and vote for politicians who promise to fill our pockets with other people’s money.

There is only One God. All else are idols.

When we go to church, we must remember who it is that we worship. Then when we leave church, we can begin each week by keeping our focus upon our Lord God and what He has commanded us to do.