Danger: Money

0 comments | Posted by Peter Swann on 12 Jun 2011 in From Steve's Study ::

Money can be hazardous to your health. Medical researchers have found that 13% of coins and 42% of paper money carry disease-producing organisms.

But there is a greater health hazard posed by money. This was seen in 1928, when a group of the world’s most successful financiers met at the Edgewater Beach Hotel in Chicago. The following were present: the president of the largest utility company, the greatest wheat speculator, the president of the New York Stock Exchange, a member of the President’s Cabinet, the greatest “bear” in Wall Street, the president of the Bank of International Settlements, and the head of the world’s greatest monopoly. Collectively, they controlled more wealth than there was in the U.S. Treasury.

Twenty-five years later, it was a very different picture: The president of the largest independent steel company, Charles Schwab, died broke. The greatest wheat speculator, Arthur Cutten, died abroad, insolvent. The president of the New York Stock Exchange, Richard Whitney, served a term in Sing Sing Prison. The member of the President’s Cabinet, Albert Fall, was pardoned from prison so he could die at home. The greatest “bear” in Wall Street, Jesse Livermore, the president of the Bank of International Settlements, Leon Fraser, and the head of the world’s greatest monopoly, Ivar Drueger, had all committed suicide. All that wealth had been unable to save them.

But, of course, there is an even greater danger still – a spiritual one. Jesus said, “how hard it is to enter the kingdom of God! It is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God.” (Mark 10:4,5) Money is dangerous because it fools us into thinking that it can provide us with everything we need & that we are masters of our own destiny. With money, we “don’t need God’.

So beware the dangers of money. Do not put your trust in what it can provide. Instead, put your hope in the one who made you and who gave up everything, to give you everything.




     


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