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5 Minutes on Faith: How Shall We Then Vote? Part 3 #134
I will vote for the most PRO-DEBT REDUCTION candidate, because the borrower is servant to the lender.
AMERICA BURDENED BY MASSIVE DEBT! WHEN YOUR OUTGO EXCEEDS YOUR INCOME, YOUR UPKEEP BECOMES YOUR DOWN FALL!
Proverbs 22:7 The rich rules over the poor, And the borrower is servant to the lender.
Proverbs 22:26-27 Do not be one who shakes hands in pledge or puts up security for debts; if you lack the means to pay, your very bed will be snatched from under you.
Romans 13:8 “Owe nothing to anyone—except for your obligation to love one another.”
Milton Friedman: 4 types of spending
1. Spend your own money. You are careful how much and how you spend.
2. Spend your money on someone else. You are careful on how much you spend but less attentive to how it is spent.
3. Spend someone else’s money on yourself. You don’t care how much you spend.
4. Spend someone else’s money on somebody else. You don’t pay attention to how much or how you spend it. This is government spending: take some people’s money and spend it on other people with no regard or accountability on how you spend it. This is why there is massive waste and corruption in government.
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