...about all of the encouragement of debt in "conservative" circles. On the radio, you'll hear ad after ad for mortgages, debt consolidation, and debt elimination. In politics, you'll hear the argument that if a "public good" is to be used over many years, then it should be paid for over many years.
While I understand the logic, I'm brought back to Romans 13:8 ("Owe no man any thing, but to love one another.."), the principles of rent and capital, and the principle of not presuming upon the future (James).
In other words, is it really more cost-effective in general to pay principal plus interest, or principal alone? Is it really better to presume on the bird in the bush, or eat the one that's in your hand?
While certainly not all debt is bad or wrong, I think that believers ought to be a little more circumspect in its use than one might infer by listening to conservative talk radio.
Podcast #1047: The Roman Caesars’ Guide to Ruling
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The Roman caesars were the rulers of the Roman Empire, beginning in 27 BC
with Julius Caesar’s heir Augustus, from whom subsequent caesars took their
nam...
11 hours ago
2 comments:
You may be conflating the views of the advertisers with those of the shows' hosts.
While the radio station takes care to disassociate the views they air on various shows from the views that they may or may not hold, I don't believe that it would be good for those hosts to do similarly for his advertisers.
:^/
That would be an excellent point, if it were not for the fact that so many of the hosts do the commercials, too, and endorse the products.
Plus, one is unfortunately known by the company one keeps--which is why they don't allow, say, strip bars to advertise.
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