Author: chronos

  • NECAP

    NECAP

    Implementation Example: NECAP

    Famous Abolitionists: Harriot Tubman; John Brown; Angelina Grimké; William Lloyd Garrison; Harriet Beecher Stowe; Frederick Douglass; Abraham Lincoln; Ulysses S. Grant

    The New England Center for the Abolition of Poverty

    aka the N.E. Storehouse (see NECAP page for overview)

    Why the term Abolition?

    Because Jesus has come to “set the captives free” – Isaiah 61

    Jesus wants to set people free from :

    • Debt Slavery
    • Poverty
    • Greed
    • Financial Fears
    • The voice of money (Mammon)
    • Career/Corporate Slavery
    • Identity/Conformity Slavery
    • Income/Money Slavery

    We know that the person we used to be was crucified with Him to put an end to sin in our bodies. Because of this we are no longer slaves to sin.

    Romans 6:1-7

    The New England Church has such a rich heritage of standing up for the abolition of chattel slavery in the 19th Century of the United States, that God is now calling again the NE Church into a reprisal of its abolitionist roots to help people get out of any kind of slavery in the 21st century, including economic slavery.


    Background Reading / Listening:

    Storehouse Vision Cast Presentation


    NECAP Inspiration Dream and Word -> Banking for the Working Poor

    So, sometime in early 2021, we started gathering a forerunner team every two weeks to put together the beginnings of the NE Storehouse.

    This had been catalyzed a few different ways:

    1. Jonathan Friz and I started talking about implementing the Storehouse vision in the New England region potentially as part of the New England Alliance in the beginning of 2020, pre-pandemic. Although we wanted to get things going, I felt in my spirit that the New England leaders were not yet ready to receive the fullness of the Storehouse / coming out of Babylon message.

    2. Sometime later, Chris Adams and I were discussing how to come out of Babylon practically – and specifically how to cash out some financial market based assets and reinvest into Kingdom driven investments. I was inspired to share with Chris, this is not a passive type of investment we are talking about, but an active one, where we the people of God have to get involved in people’s lives, to help them, disciple them, and incubate their business ideas. Who do you know in Rhode Island that would be a good ministry/business/situation to “invest” in? Instead of me serving up Chris an investment product on a platter, ready-to-buy, I was challenging Chris to start looking for people / investment opportunities that we could bring a group around to invest together. Like – ‘you are part of the solution!’

    3. Also sometime after early 2020, Joel Frazier approached me with the question – hey Gregg, are there any Christian debt consolidation firms that can help me payoff my credit card debt? To which I said, sure, but you don’t want to really work with them because they lend money just as any other debt consolidation or consultation firm – i.e. they will follow the same lousy business practices of charging more fees, hard money lending, payday lending, and recourse lending. (All of which actually profit from the poor, rather than simply help them.) I also said – hey before you use more debt to get out of debt (debt restructuring), have you ever considered that God wants to release miracles of debt forgiveness? Let me tell you my testimony…and then we prayed together for debt forgiveness miracles.

    4. One night, after the GameStop discussions we had been having on the New Breed of Business roundtable discussions, I awoke hearing/seeing the following: “NE Center ____ Poverty”. As I awoke from this and prayed, I felt the Lord was giving guidance to the NE Storehouse vision specifically. That a core focus was the elimination of poverty. After experimenting with various names, it was like a game of ‘fill-in the blank’ to make an acronym. ‘NE_CP’… so, what might then ‘NECAP’ stand for? Wait a minute, the Lord has already been speaking about the abolition of economic slavery to the body of Christ, so maybe this should be called… “The New England Center for the Abolition of Poverty”. It’s a bit of a mouthful, but boils down to a catchy ‘NECAP’, which is like CAP for Capital, NE for New England, but the NECAP (say knee-cap) is memorable. In fact, instead of being loan sharks – who if you don’t pay will “knee-cap” you (break your legs), we are like loan doves who will help lift people out of poverty and in order to “be fruitful and multiply” as well as disciple people into becoming “the lender not the borrower”.

    I presented the name via the dream to the team at the next meeting and we embraced it.

    There is more to the story…but we will discuss it by interviewing the founding team of the “NECAP”.

    For the creation waits in eager expectation for the children of God to be revealed

    Romans 8:19

    You’ve heard it said “God helps those who help themselves”, but in effect, Jesus actually says: “I will help those who help others”.

    Then the King will say to those on His right hand, ‘Come, you blessed of My Father, inherit the kingdom prepared for you from the foundation of the world: for I was hungry and you gave Me food; I was thirsty and you gave Me drink; I was a stranger and you took Me in…’

    Matthew 25:34-35

    The generous soul will be made rich, and he who waters will also be watered himself

    Proverbs 11:25

    Hope you are inspired to imagine what Storehouse the united Church could build in your city or region !

  • Unconstitutional or Inconvenient?

    Unconstitutional or Inconvenient?

    Round Table Discussion:

    Opportunity Knocks

    • Is CV19 an opportunity in disguise for the body of Christ?
    • Is God shifting the Church into a new wineskin and a new way of thinking?
    • Are these the business opportunities God has prepared the New Breed for?

    Unconstitutional or Inconvenient?

    Grant Berry brought to my attention yesterday morning that the Roundtable Doctors Discussion video we posted here was just deleted by YouTube for reasons of “violating community guidelines”. Of course, our reaction might be: “how dare they, they are violating our constitutionally protected free speech!”

    However, there is a hole in that Constitutional argument, which is this: YouTube is a private platform where all users sign a user agreement. Therefore, Alphabet (the publicly traded parent of Google and YouTube), can just say hey – it’s our business, and therefore our decision as to what our own rules are. It’s a free country. You don’t like it? Use someone else’s platform.

    So, technically, they are actually exercising their free-choice to create a business and run it freely. Just like creating a club and inviting in whoever the other club members allow.

    So, that’s not really the problem.

    The problem is actually our own convenience, complacency and complicity!

    We think it’s great that YouTube is free, works well and has the most content.

    But we – the people – created these platforms with our investment capital, our usage, our propensity to respond to ads and buy those goods and services. In other words, the irony of the situation we find ourselves in, is WE CREATED THE PROBLEM. And we continue the lemming march in doing so. Does not the bible teach us that we should judge ourselves before we are judged by God (1 Cor 11:31), and further that we reap what we sow (Gal 6:7)?

    Opportunity Knocks

    But, the solution is to see this as an opportunity: To create new platforms (social media, collaborative community, video, etc.) with our capital, starting with our users from our community – THE CHURCH.

    What if we gave away a social platform without ads, for free? For example… 

    Citymatters.info is an example of just that. It’s a growing platform. Click the link, and signup for the New Breed Group!

    So, what are some of the other emerging opportunities? We discuss…

    • Local goods and services
    • Greenhouses
    • Clean water
    • Electricity generation
    • Wholesome entertainment
    • Objective news media

    And what are the differentiators between what God is calling the New Breed to do as a form of ministry vs. just an alternative copy-cat business that slaps a Christian label on things, runs it like Babylon (the way the world creates things for fame and fortune), and produces B grade products and services?

    There has got to be more….we have got to do better…

    We also will examine the need to not only come out of our comfort zones / convenience, but also to have the courage to try new approaches, that require trusting God more, having courage, creativity, boldness, being entrepreneurial, experimental, not just relying on money to solve things….

    Its not by might, nor by power, but by my Spirit says the Lord

    Zechariah 4:6

    We need to enter into agreement with God’s heart for what to do and how to do it – a spirit of wisdom according to Isiah 11 and 1 Cor 12.

    A rebuilding of the old waste places; you shall raise up the foundations of many generations; and you shall be called, the Repairer of the breach. The restorer of the streets in which to dwell

    Isaiah 58:12

    In a sense, we must shift to MacGyvering things out (euphemism for out of the box thinking, solving problems with whatever’s available – be it toothpicks and duct tape). Frontier style living. Like the pilgrims, the rugged but wholesome life. Jesus said…

    Therefore do not worry about tomorrow, for tomorrow will worry about itself. … Each day has enough trouble of its own.

    Matt 6:34

    You think you’ve got a thing figured out, but you don’t. You are going to have to “faith it out”

    Bob Jones, God is Going to Shake the Devil Out of the Church 2012 Word

    (for a good word watch below)

    Finally, we also discussed that to endeavor to pursue these new opportunities, we can do them in parallel with continuing to interact with existing products and services where it does not cross over into partnership with them, which Paul warned us about:

    Don’t become partners with those who reject God. How can you make a partnership out of right and wrong? That’s not partnership; that’s war. Is light best friends with dark? Does Christ go strolling with the Devil? Do trust and mistrust hold hands?

    2 Corinthians 6:15-16

    Joel Travis brought up the “Break Away” bridges strategy concept to illustrate this point. Some will pioneer, others will follow, but Christ is ultimately calling us completely out of Babylon, which is scheduled for destruction (Revelation 18:4) and into the Kingdom Coming ala The Promise Land.

    Joel has tried to create an alternative video platform independently hosted as an experiment along these lines, and its NOT EASY to replicate YouTube’s ease of use, reliability and efficiency from an engineering standpoint. So, like we are using YouTube here, and we could also use Rumble, and we could also create our own platform. That’s the beauty of this opportunity – we still have the freedom to do both simultaneously, but then we are prepared for the coming flood, having EXERCISED our faith muscles.

    While we are doing this, we also are learning how to come out of Babylon, which is to no longer trust in or depend on systems of this world which are not Christ centered. The key first step in this is to exit partnerships (co-ownership in the Babylonian system) or debt slavery (owing debt to the Babylonian system). This is why the New Breed of Business is encouraging believers to:

    1. Get out of investing in publicly traded companies embracing Babylonian practices (stock ownership is partnership with a company’s business practices)
    2. Move resources into investing in people and private businesses that have returned to practicing Judeo-Christian principals (i.e., returning to all scriptural truth, not just picking and choosing by the traditions of men), which is the “New Breed of Business”
    3. Move out being employed by corporations that are becoming more and more Anti-Christ (career and income slavery)
    4. Moving into being self-employed or employed by those Judeo-Christian run companies embracing the scriptural truth ala the “New Breed of Business”
    5. Getting out of institutional debt, either by paying it down, paying it off through the sale of other assets, or trusting God for a miracle of debt forgiveness, or
    6. Replacing that institutional debt with borrowing from fellow believers willing to lend in the biblical way, which is the way of the “New Breed of Investor”
  • Joseph Fund

    Joseph Fund

    Implementation Update with Gary Crawford

    Gary Crawford will update us as to what is happening in the “OMC” (that’s the Original Manatee County – in West Central Florida/Bradenton/Sarasota). Read background here: https://newbreed.co/2021/01/30/cities-of-refuge-gary-crawford/

    The Joseph Fund is essentially the Florida implementation of the Storehouse vision. It is a resource center for helping people in need, sowing into them, not just in benevolence, but in discipleship, equipping and lending. There are three funds within the Joseph fund – Rescue, Equip and Destiny. Why is lending important? Because if someone is willing to work to repay, which is an honorable goal and part of Christian discipleship into becoming the lender instead of the borrower (Deut 28:12).

    Also, Gary will introduce us to a new set of videos called the Contender Series of which here is a draft of the first video. The Contender series was put together to help educate the Body of Christ about the times and seasons we are in, and how we are called to contend for the faith in the gospel of the Kingdom of Jesus Christ.

    Finally, Gary will explain the City Matters platform in more detail, which is like Lotus Notes for the church. OK, what the heck is Lotus Notes (early 90s reference)? Basically it’s a collaborative cloud-based platform for the citywide church. A bit social media, a bit bulletin board, a bit of collaborative discussion, a bit writing the vision down and making it clear. It’s a way the citywide church can communicate electronically on an independent platform.

    What Inhibits the Church from Moving into These Models?

    Career and Calling in the 21st century – a contrast of perspectives. The stronghold of Mammon on traditional church – laity structures vs. the 5-fold (Ephesians 4) and citywide elder leadership structure.

  • Vaccine Mandates

    Vaccine Mandates

    Round Table Discussion:

    Vaccine Mandates


    The last two sessions, we touched on vaccine mandates – how they affect the supply chain, the economy and inflation.

    We discuss the controversial topic of CV19 vaccines among the body of Christ. Some are for, some are against. Should we let this issue divide the Church?

    Gary Crawford recommended a good video of a panel of doctors and scientists who discuss openly the various approaches to addressing the COVID virus and disease, including prevention, therapeutics, role of vaccines, the influences of government and the largest pharmaceutical companies.

    If this gets censored, here is another copy of the video…

    https://m.facebook.com/watch/?v=459542808747231&_rdr

    Government Overreach?

    And what about governmental mandates and executive orders? Is it executive overreach?

    Vaccine passports? Is it a violation of the Constitution? Should people lose their jobs over this? Is this bad economic policy? Is this a sign of further governmental tyranny to come?

    Public Good Argument

    Or on the other side, as Rick Warren says, is getting the vaccine a form of loving our neighbor? Is it good economic policy because it will expedite returning things more quickly to “normal”? And what about the argument of the public good outweighing individual freedoms?

    Did you know the US Supreme Court upheld smallpox vaccine mandates in 1905 by a vote of 7-2? Read Jacobson vs. Massachusetts.

    What is God saying in all this?

  • Supply Chain P2

    Supply Chain P2

    Round Table Discussion:
    Supply Chain Part 2

    (for part 1 click here)

    Our prayer time before the discussion this morning started in an unusual way, with Antoinette from the UK sharing a word she just received for the USA. She disclaims it as this is the first word she has received like this for a nation. But as she began to write, everything came out in a flow – 4 pages worth. Here it is below:

    Do not despise prophecies, but test everything; hold fast what is good.

    1 Thessalonians 5:21

    A word from the Lord to America
    Given to Antoinette Anderson
    Intercessor. UK
    20/10/2021

    To the Jew First – A Key for the future

    America your time of exploitation is up. Your season of abundance is over. It is NOW no longer…business as usual. I am lifting up your tent peg, your season of testing has come. Where will your heart be?

    For many have said “Lord, Lord we have done much in your Name”. But I say…you have sewn much but will reap little, for like Saul you have acted in the strength of your own arm and have not obeyed my word ‘To the Jew First’.

    You speak of ‘a perfect storm’ but you will reap an overwhelming scourge, for the nation is torn from its foundations. I alone am He who formed you. I have blessed you – but you have sold yourselves to slavery.

    But to you, my faithful, true ones, to you who have not lifted up your hearts to idols, who even now stand in the gap least I destroy you completely, FEAR NOT.

    Do you not know My Word which stands as a witness against you for the abundance of all I gave to you, you have squandered, to make your own name great!

    Thus far and no further says your God. For you have not obeyed my command. You have lifted up your hearts against me and against my land and my people. You have treated my people lightly and not considered your ways before me. Have I not said to the Jew first? But you would not.

    Have I not said your wealth is not yours to hold for yourselves, but mine to be a blessing for my people Israel, whom you have despised and detested in the haughtiness of your heart. Behold I am sending a winnowing fork amongst you, to uproot and to overturn. Hear O my people, you who fear me and hold fast to My Word and to My People. Do not be afraid in the shaking, for I will shake you, and shake you again and again, until you turn your hearts towards your elder brother. For I am a jealous God, and I am watching over My Word to perform it in your midst.

    Have I not said the nation and kingdom that will not serve Israel My People will utterly be destroyed. Take heed my people, for once again I will shake the Nations – and the remnant of My People will come home. Where will you stand? For I am about to test your hearts.

    You cannot serve two masters, for you do love one before the other. As surely as precious metals are tested in the fires, know for sure that your hour of testing is at hand. Will you stand O My Children, for I long for you to come to me, with one heart and one mind, My Children, My Bride; for the last shall be first, and the first shall be last. Have I not said it and will I not do it? For you surely will mourn and grieve before the hour of MY coming.

    Behold I am standing at the gates, even now I cry out RETURN, return to me, rend your hearts and not your garments. For I am your God, faithful and true and I will not test you beyond what you can endure. So strengthen your stakes, secure your calling in me and in My Grace. For I am about to test your love and refine you as never before. For the the time of your abundance is over. It’s a time to weep and mourn four your hour of testing is near. Seek me with all your hearts and I will be found.

    But to the hard hearted, the stubborn and rebellious – trouble and sorrow. I say REPENT repent while there is still time. For I will show you my mercy before the great and terrible day of my judgements, test me in this. For I am coming soon.

    To the Jew First, for many will lay hands on a Jew and beg to go with him. For I am surely coming to judge the nations and bring my children back home, for I am their God and they are My People, whom I love with an everlasting, blazing love and will reward them double for their sins, which I will remove in a day – the day of My Glory amongst you, my faithful remnant Bride. Behold I stand at the door and knock. If any hear and obey my voice and do not harden their hearts to destruction, I will come in. To all who willingly TURN from your own ways, I will be your all sufficiency, I will be your strong tower and mighty defender.

    As a bridegroom adorns his Bride so I too will adorn my beautiful spotless Bride prepared with Frankincense and Myrrh. To her I withhold no good thing.

    But to the faithless, compromising and adulterous bride, the day of your travail is at hand. For I will no longer endure your adulterous ways, but you shall pass under My Rod. So be stiff necked no longer, for I am the Holy One of Israel, the coming King of Glory. Behold I bring ALL things into account on behalf of my Children Israel. All who are grafted into my commonwealth of Israel will surely arise and shine with her.

    But all adulterers, liars, blasphemers whose hearts lust after evil, to your lusts you will be a abandoned.

    For I am a Jealous God, so arise My Daughter, My Bride for I am A Great King who calls My People to hear My Voice and come follow My Lead.

    Supply Chain

    Supply-chain inflation is a very different beast – Blomberg video

    Questions people have

    • What in the world is going on economically?
    • Is it just the supply chain problems, or is it too much cash chasing too few goods?
    • Is printing US dollars finally catching up to us? Is hyper inflation next?
    • Why has the housing market boomed in the midst of high unemployment and economic contraction?
    • How are the financial markets at all time highs, in the midst of all this tumult and uncertainty?
    • Why are we having inflation issues, where we didn’t have them before? Is this a high-class problem?
    • Why have vaccines been mandated around the world, seemingly wiping away years of hard fought liberties?
    • Have such mandates backfired economically, but shutting down or impeding businesses (Southwest Airlines, NYC restaurants) ?
    • Are vaccine passports a precursor to a global police state?

    Why do the nations rage,
    And the people plot a vain thing?
    The kings of the earth set themselves,
    And the rulers take counsel together,
    Against the Lord and against His Anointed, saying,
    “Let us break Their bonds in pieces
    And cast away Their cords from us.”
    “I will declare the decree:
    The Lord has said to Me,
    ‘You are My Son,
    Today I have begotten You.
    Ask of Me, and I will give You
    The nations for Your inheritance,
    And the ends of the earth for Your possession.
    You shall break them with a rod of iron;
    You shall dash them to pieces like a potter’s vessel.’ ”
    Now therefore, be wise, O kings;
    Be instructed, you judges of the earth.
    Serve the Lord with fear,
    And rejoice with trembling.
    Kiss the Son, lest He be angry,
    And you perish in the way,
    When His wrath is kindled but a little.
    Blessed are all those who put their trust in Him.

    Psalms 2

    The Church’s Response

    Again, what is God up to in this?

    How does an economic slow-down instead of a shut-down redemptively help us?

    Prepare us?

    How do we the Church respond?

    Recall and Upgrades Dream:

    Saturday morning October 16

    There is a massive recall of General Motors vehicles

    Our family vehicle, a “Suburban” was part of the recall.

    I saw a massive parking lot seemingly set somewhere in cape cod MA. Thousands of people were bringing in their vehicles.

    The first step in an Assembly Line style process was the workers removing our hood from its hinges, exposing the engine.

    The next step was the top-end of the motor was removed. The heads, the exhaust manifolds, the intake plenum and filter, the fuel injection system.

    The “bottom-end” of the motor remained in the vehicle and did not need to be replaced.

    I could see the pistons.

    The removed parts were destroyed, such that they could not be used again. I specifically saw the exhaust manifold being crushed.

    The whole thing reminded me of a war time effort, like the factories and assembly lines for tanks, plains and ships for World War II

    Interpretative Keys:

    Family vehicle = family ministry = house church, building block of local church

    Thousands of vehicles = the US church = The Army of God

    Cape Cod = foundation of Pilgrims = Beginning of USA

    War Time Effort = Army of God

    Heads = The Mind; renew your mind in Christ

    Exhaust Manifold = What we speak

    Exhaust Gasses = Toxicity of what comes out of our mouth; out of the abundance of the heart the mouth speaks

    Recall, Rebuild = Church under construction; restoration of power; revival starting in families

    Removing hood = transparency; vulnerability; humility; “under the hood”

    Destroyed old exhaust manifold; heads = not to go back to that way of speaking, thinking (toxic, leaky)

    Bottom-end not replaced, fine as is = fundamentals of the remnant Church’s faith are fine

  • Supply Chain

    Supply Chain

    Round Table Discussion:

    Supply Chain Woes

    (for Supply Chain Part part 2 click here)

    Not enough computer chips. Not enough cars. Not enough TP. Not enough artificial Christmas Trees. What do all of these things have in common? Well, for one, they are driving inflation higher. But with the uncertainty of the future increasing (CV19, political instability, market volatility), the best laid logistical plans have been disrupted.

    We take a look at what’s happening around the world and why?

    What is God up to in this CV19 disrupted world?

    And how should the Church, we the people of God respond?

    There is no wisdom, no insight, no plan that can succeed against the LORD” 

    Proverbs 21:30

    The Lord brings the counsel of the nations to nothing;
    He makes the plans of the peoples of no effect.”

    Psalm 33:10

    Many are the plans in a man’s heart, but it is the Lord’s purpose that prevails”

    Proverbs 19:21

    62 giant cargo ships waiting to unload outside Long Beach, CA

    Good Background Reading and Listening

    Trade Wars – We look at the future of global trade. Chuck Pierce on China, CV19, and the ports.

    Inflation – Post-CV19 recovery inflation expectations of the Fed and Janet Yellen. True or false?

    Inflation Prophecies – Inflation prophecies prior to CV19, including John Paul Jackson, John Mulinde, and Bob Jones

  • Student Loans

    Student Loans

    Round Table Discussion:
    Student Loans

    The debt trap of Student Loans the next generation find themselves in (fully recourse; high interest).

    Educational inflation has outpaced the Consumer Price Index inflation by 4x!

    The potential of various “Storehouse” solutions, including current implementation examples.

    For example, Christopher Lucey will be with us to share about thegofund.com which he co-founded with Luke Womack.

    The world of student loan debt has been with us and GROWING since the 1990’s. 

    Today, we are going to highlight an organization that has done something truly inspiring that not only tackles the issue – but is solving the challenge “the storehouse way” – TheGoFund.com. I’m honored to have been a mentor and encourager to Luke Womack – founder. The year before the launch we meet in my office on Saturday’s for 4-6 hours talking, brainstorming, praying, researching how we could tackle this issue and how we could design a way to release the next generation from debt to go to the UUPG’s – when the name Jesus had never been heard.

    It is also an inspiration for what I believe other groups could be challenged to do for their own families and communities throughout the nation in the years ahead to free young people from debt and to unleash them to go to the nations and complete the task of the remaining mission.

     

    The GO FUND

    GO FUND Story…..from World Magazine 

    JOEL SUTTON BEGAN WORKING with the International Mission Board’s assessment and deployment team in 1999. Students had debt then too, but the average topped out at $17,000. Now, Sutton regularly talks to prospective missionaries who have between $60,000 and $100,000 in debt. “Those kinds of folks have really disqualified themselves for service,” Sutton said. “They’re living in the moment. They think they need the loan to get their education, but they don’t think about the ramifications down the road.”

    Sutton and his Southern Baptist Convention colleagues urge college students to think about what they want to do with their lives before taking out loans. If students can’t avoid loans altogether, missionary recruiters urge them to take on as little debt as possible, get jobs to help pay some of their expenses, and even take a little longer to get their degree, if necessary.

    That’s a hard sell, especially for students at Christian colleges, which rely on tuition payments to survive and have little incentive to encourage students to take on less debt. “We’ve found schools are not really talking to students about this,” Sutton said. “It’s a real conflict because schools are a business. Loans mean more payment out of students, so they don’t discourage them from doing the loans.”

    (source: https://wng.org/articles/repayment-ministry-1617302578)

    Higher Education News – 

    Expenses such as healthcare and housing continue to rise, so “simply owing on student loan debt — and, in particular, doing so for an extended period — makes it all the more difficult for borrowers to grapple with these growing costs,” the report says.

    While after 20 to 25 years, the balances of these income-driven loans can be forgiven, they typically are not. The report points to a recent analysis by National Consumer Law Center that found only 32 borrowers’ loans have been erased in the time that these plans have existed. Two million federal student loan borrowers have been in repayment for 20 years, though this count includes those outside of income-driven plans. 

    (source: https://www.highereddive.com/news/report-federal-income-driven-repayment-built-to-be-a-debt-trap/606858/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202021-09-21%20Higher%20Ed%20Dive%20%5Bissue:36832%5D&utm_term=Higher%20Ed%20Dive

    THE HOPE CENTER – Research Institute on Colleges in America

    (source: https://hope4college.com/wp-content/uploads/2021/03/RCReport2021.pdf)

  • Pharisees and Herod?

    Pharisees and Herod?

    Round Table Discussion:

    Has the “leaven of the Pharisees and Herod” inhibited deeper repentance and reform from taking place within the Church, especially financial/economic ?

    Jesus warned the disciples: “Take heed, beware of the leaven of the Pharisees and the leaven of Herod.” – Mark 8:15. What does Jesus’ warning mean for us today?

    “Now the Pharisees, who were lovers of money, also heard all these things, and they derided Him”. – Luke 16:14

    “And why do you look at the speck in your brother’s eye, but do not consider the plank in your own eye? Or how can you say to your brother, ‘Let me remove the speck from your eye’; and look, a plank is in your own eye? Hypocrite! First remove the plank from your own eye, and then you will see clearly to remove the speck from your brother’s eye.” – Matt 7:3-5

    • Herod = Government
    • Pharisees = Religion
    • Leaven = sin

    Questions

    1. What deceptions (falsehoods, conspiracy theories) have crept into the US Church today, which prevent or limit the church from transforming a nation and seeing the revival we all hope and pray for?
    2. Who/What have we aligned with as the leaven of ‘Herod’?
    3. What divides the US Church today?

    Here is an interesting insight from the CEO of the Sentinel Group’s (George Otis Jr. Transformation Videos), Larry Page. He wrote in Jan 2019:

    If Jesus gave a State of the Church in America address, what might He have to say?

    Don’t worry, I have no intention of speaking for God in assessing the Church. But if you will indulge me, I will share some questions I would hope He would address in such a speech.

    By the way, if you think this line of thought is foolish — i.e., Jesus’ giving a State of the Church address — re-read Revelation 2-3. Like that portion of God’s Word, I assume He would have some things to commend and some things to condemn.

    I would ask Jesus these questions:

    • Some have stated the condition of society is the report card of the Church. Is that true?

    • So much prayer is arising from the Church in this hour, calling for revival. It has been going on for a number of years now. Why have we not witnessed the answer to those prayers?

    • As I scan Your “State of the Churches” address recorded in Revelation 2-3, the church that most resembles the American Church is Laodicea. Are we as blind to our own faults as they were to theirs? And are You outside the Church, knocking to get in?

    • What do You recommend to remedy our condition?

    I missed last night’s State of the Union address. I am at a prayer summit with other pastors and Christian leaders. It is good, but I must say, I am curious about the circus that may have been displayed around that address. I doubt anything shared there will heal the great rift in our nation.

    Our needs are far beyond the reach of politicians. The hope for our nation lies in the hands of the Church, the people of God.

    https://sentinel-blog.ghost.io/

  • Caesar’s to Caesar

    Caesar’s to Caesar

    Round Table Discussion:
    Render to Caesar what is Caesar’s

    (Come Out of Babylon Part 2)

    Emperor Tiberius Silver Denarius (or Tribute Penny)

    Last week we started to discuss the difference between being in the world and being partnered with the world… (for context, its good to watch/read the notes from Part 1: Come Out of Babylon)

    And Jesus answered and said to them, “Render to Caesar the things that are Caesar’s, and to God the things that are God’s.” – Mark 12:17

    “… the world has hated them because they are not of the world, just as I am not of the world. I do not pray that You should take them out of the world, but that You should keep them from the evil one.” – John 17:14-15

    In the context of God’s command for believers to come out of Babylon (Rev 18:4), how does paying taxes, using the world’s secular currencies, or even having a regular bank account (checking; savings; demand deposit) reconcile to this command?

    “Come out of her, my people, so that you will not be a partner in her sins and receive her plagues“? Revelation 18:4

    Jesus would never have told his disciples and the Pharisees it is permissible to use Caesar’s coinage if it represented a sin (or prohibited partnerships). In fact, it is indeed related to the scriptures about how God has instituted secular authorities to keep law and order, and we are to obey them (Peter 2:13-14; Romans 13:1).

    So, critically, how are these matters then any different from economic and business partnerships with unbelievers? (co-ownership of companies, signing debt covenants, etc.). Scripturally, we must understand that the partnership prohibition with unbelievers (and Belial, aka Satan) is directly tied to the command to come out of Babylon, for the one quotes the other (Isaiah 52):

    “Do not be partnered together with unbelievers. For what fellowship has righteousness with lawlessness? And what communion has light with darkness? And what accord has Christ with Belial? Or what part has a believer with an unbeliever? And what agreement has the temple of God with idols? For you are the temple of the living God…Come out from among them and be separate, says the Lord. Do not touch what is unclean, and I will receive you.” – 2 Corinthians 6:14-17

    In other words, “be in the world not of the world”, which is a paraphrase of John 17.

    Also, as part of Coming out of Babylon we also take a fresh look at the practical utility of:

    1. Divorcing Baal/Mammon

    Here is a link to a divorce and remarry legal agreement your consideration: https://newbreed.co/wp-content/uploads/2021/08/divorce-baal-and-mammon.pdf

    2. Private (and even Public) Repentance from Mammon / Babylon

    Related Posts and Pages:

  • Come Out of Babylon

    Come Out of Babylon

    Round Table Discussion:
    Come Out of Babylon

    What does God mean by the statement: “Come out of her, my people, so that you will not be a partner in her sins and receive her plagues“? (Revelation 18:4 Amplified)

    for more background reading (and video) about coming out of Babylon click here for article : Come out of Babylon

    Key Questions and Scriptures that address

    What is “Babylon” in the context of Revelation 18?

    “The woman [Mystery Babylon] whom you saw is the GREAT CITY, which reigns over and dominates and controls the kings and the political leaders of the earth.” Revelation 17:18

    What other city in Revelation is described as a great city?

    “I saw the Holy City, the new Jerusalem, coming down out of heaven from God, prepared as a bride beautifully dressed for her husband.” – Revelation 21:2

    Ancient Babylon (the geographic center of which is in modern day Iraq) went away in 539 B.C. when it was defeated by Cyrus and the Medio-Persion empire. So is the “Babylon” John the revelator is speaking of represented by another nation today?

    Is the United States still a Christian nation?

    Is the United States the Babylon of Revelation?

    “For ALL THE NATIONS have drunk the maddening wine of her adulteries.” – Revelation 18:3

    Or, has the United States’ helped develop and export the financial markets and capitalistic systems of commerce by which the whole world is getting drunk on the spirit of Babylon described in Revelation 18?

    “…for [Babylon’s] merchants were the great and prominent men of the earth, because all the nations were deceived and misled by [Babylon’s] sorcery” – Rev 18:23

    “The kings of the earth committed adultery with her, and the merchants of the earth grew rich from her excessive luxuries.” – Rev 18:3

    “And the kings and political leaders of the earth, who committed immorality and lived luxuriously with her, will weep and beat their chests [in mourning] over her when they see the smoke of her burning” – Rev 18:9

    “And merchants of the earth will weep and grieve over her, because no one buys their cargo (goods, merchandise) anymore” – Rev 18:11

    Discussion Notes

    Do not be unequally bound together with unbelievers [do not make mismatched alliances with them, inconsistent with your faith]. For what partnership can righteousness have with lawlessness? Or what fellowship can light have with darkness? What harmony can there be between Christ and Belial (Satan)? Or what does a believer have in common with an unbeliever? What agreement is there between the temple of God and idols?

    2 Corinthians 6:14-16

    There are two kinds of capital we need to consider in light of the above scriptures:

    • Debt (bank loan or bond issuance)

    All institutional debts have “debt covenants” associated with them.

    They are the legal agreement between the borrower and lender. These terms require the debtor to: make certain payments, pay interest (and fees), and repay the principal within certain timeframes set forth in the legal agreement. In the event payments cannot be made, the lender has certain rights that are triggered. This can include a demand to repay the enter balance, or the right to foreclose on any asset referred to a surety in the covenants. This is why Proverbs 27 teaches us that the borrower is a slave to the lender.

    Does God want us in such covenants? Where we bind ourselves with an unbeliever? Or in today’s realm, unbeleiving and depersonalized banks and systems? These entities may even start off personally during the sales cycle (when one agrees to a take a loan). But on the back end, it is almost always a nameless, faceless, person-less interaction (for example the “bank” is often legally a trust (created to buy/sell or securitize a loan)

    • Equity capital (ownership)

    Equity is a partnership.

    If you and I own a company together 50/50, we are “partners.”

    As such it is a type of “marriage”, as either partner has rights to make decisions, and are responsible for all of the company’s actions. Including a share of the profits, and responsibility for losses.

    Owning shares of stock is likewise a partnership (all be it a minority ownership). Shareholders have voting rights. They share in the profits. They are also collectively responsible for the action of the company through its board of directors and governance. Because it is a partnership, are we not responsible to God for whatever that company is doing?

    What’s the difference between using money (USD) in the banking system and having a bank loan, and/or ownership of stocks and bonds?

    Big difference

    When you hold money, you are actually lending to the Federal Reserve. They are called Fed Reserve “notes”. Its like you are holding the bond if you will, and the proceeds have gone to the central bank, and they ultimately “owe” you. Now, its a crummy deal, because instead of collecting interest, you pay a type of interest called inflation. In fact, you can’t even redeem the note for anything anymore. When the Fed pays you back (through someone giving you a good or service), that dollar may buy a lot less that when you took the “note”.

    Example: You burn 10 One Hundred Dollar bills. What happens? You are left with nothing, as you destroyed the “notes” that would have given you any redemption rights. So, you are not in debt to the Fed, the Fed is in debit to you. It’s your “bank note” (think of it as you are the lender – or the bond holder) to do with what you like.

    Contrasting example: You burn your mortgage lending agreement (loan covenants) documents and say “I own this house”. You stop making payments. But because you signed agreement the loan covenant, the bank has rights to repossess your house. Depending on the state, they may not even have to go to court to “foreclose.” Understand, that a mortgage is a legal document recorded on the town/city land records that literally says the bank owns “your” property until you pay the loan in full. Until then you actually don’t own anything. Most people don’t understand this. But if you can’t pay, the lender takes over your homestead and land and kicks you out.

    So realize the difference between the two. Ask the questions: Will this lead me into any form of slavery? Are there any strings attached to this financial transaction I am legally entering into?

    Is it permissible to pay the poll-tax to Caesar, or not?” But Jesus, aware of their malice, asked, “Why are you testing Me, you hypocrites? Show me the coin used for the poll-tax.” And they brought Him a denarius [a day’s wage]. And Jesus said to them, “Whose likeness and inscription is this?” They said, “[The Emperor Tiberius] Caesar’s.” Then He said to them, “Then pay to Caesar the things that are Caesar’s; and to God the things that are God’s.”

    Matthew 22:17-21

    4 Drachma Silver Shekel (Peter’s coin)

    Jesus forbid partnering with unbelievers, but he did not prohibit using Caesar’s money (an unbelieving Government). Jesus commands us to preach the good news to unbelievers and help them, bringing the Kingdom of Heaven near. This is very different to entering into a business partnership with an unbeliever who is doing business the “world’s way” (i.e., deceived by the Harlot according to Rev 18:3, or serving Mammon according to Matthew 6:24)

    Peter’s miracle fish coin required to pay the Jewish temple tax was a four-drachma coin Greek coin with secular rulers and/or Greek gods.

    The disciples money box held similar and other secular coins.

    Meditate on the difference through these and other scriptures to understand the difference.

    One last point – What does God think of me owning bonds?

    Good question!

    Basically it comes back to: what are in the bond covenants? Since through the ownership of bonds, we are partnered with the other bond holders and we are “lending” to an entity, we are responsible to God according to 2 Corinthians 6 (see above) and all the moral ethical scriptures of the old testament. In most circumstances (99%), bond issuers and institutional holders are by definition secular unbelievers / companies / person-less entities. If that partnership with the “world’s” bond covenants violates God’s principals (say, profits from the poor, or charges interest to those God prohibits, doesn’t return the pledge, doesn’t allow ‘gleaning’ the fields, violates the sabbath), we are responsible for all that too.

    This all goes back to Rev 18:4 – come out of her my people, lest you be responsible for her sins and suffer from her plagues. We can no longer afford to rationalize away these issues before God. We will be judged along with Bablyon and receive of her “plagues”.

    Challenge question: Is CV19 a plague of Babylon according to the prophecies of Revelation and the rest of the bible?

  • Currencies with Doug Tjaden

    Currencies with Doug Tjaden

    Interview: Part 2 Doug Tjaden
    and his book “I Came To Give”

    Doug Tjaden serves as co-leader of the Public Policy Focus Group for the Global Council of Nations/Statesmen Project and is founder of Project Thrive 21, a non-profit dedicated to establishing love for neighbors as the economic foundation of local communities. In early 2021 he released his book, “ I Came To Give   – Understanding the Great Reset and the Coming Age of Abundance.” Doug is working with others to design and develop a new means of value exchange that is based on God’s principles of cooperation, stewardship and abundance.

    Last week’s write-up and podcast can be viewed / listen to here: https://newbreed.co/2021/07/28/doug-tjaden/

    Currencies

    This week we will continue the discussion with Doug on the subject of currencies. Before we do, here are some prior New Breed discussions regarding alternative currencies, including crypto currencies and specifically Bitcoin.

    New Breed of Business Background Discussion

    Alternative Currency (Inflation part 2) : https://newbreed.co/2021/05/12/alt-currency/
    Crypto Currency : https://newbreed.co/2020/09/01/crypto-currency/
    Bitcoin (Crypto Part 2) : https://newbreed.co/2021/04/28/bitcoin/

    Doug Tjaden Interview Questions Part 2:

    3. Doug, one of your areas of focus is on currency. The world’s history of it. What the bible has to say about it. And what is God saying about it for believers today? Why does currency matter?

    4. Give us an implementation example at work today of a local agricultural backed currency: Community “X” predominantly grows “Y”.

    5. Practical example of how a network of local currencies can work (be exchanged for one another). (the Bancor Network system being implemented in Israel as example)

    Valuable Resources on Doug’s Website:

    Overview – https://thrive21.org/

    Free book offer – https://icametogive.life/

    Audio book – https://thrive21.org/courses/ictg-audio-book/

    21 Day Reset – https://icametogive.life/reset/

  • Doug Tjaden

    Doug Tjaden

    Interview: Doug Tjaden
    “I Came To Give”

    Part 1

    (Part 2 – Currencies with Doug Tjaden)

    Doug Tjaden serves as co-leader of the Public Policy Focus Group for the Global Council of Nations/Statesmen Project and is founder of Project Thrive 21, a non-profit dedicated to establishing love for neighbors as the economic foundation of local communities. In early 2021 he released his book, “ I Came To Give   – Understanding the Great Reset and the Coming Age of Abundance.” Doug is working with others to design and develop a new means of value exchange that is based on God’s principles of cooperation, stewardship and abundance.

    Doug has done extensive work in the Kingdom economy and the alternative currency arena.

    His website is Regeneco.org

    This discussion will likely go over two Wednesday mornings to get through everything Doug has focused on regarding Kingdom economics and the Ecclesia aka The Church taking back what the enemy has stolen in the economic, currency and financial realm.

    Interview Agenda:

    1. Intro Doug Tjaden. So Doug, what do you work on, who are you connected with, and what’s your story of how you got here (testimony)?

    2. “I Came To Give” book. What prompted you to write it? What’s in it?

    3. One of your areas of focus is on currency. The world’s history of it. What the bible has to say about it. And what is God saying about it for believers today? Why does currency matter?

    4. Give us an implementation example at work today of a local agricultural backed currency: Community “X” predominantly grows “Y”.

    5. Practical example of how a network of local currencies can work (be exchanged for one another). (the Bancor Network system being implemented in Israel as example)

  • Start a Bank?

    Start a Bank?

    Discussion:
    Can we start a Judeo-Christian Bank?

    federal reserve.jpg

    Recently our friend Chris Adams (Navy Chaplain, Newport, RI) posed this very question out of a desire that he would rather pay someone he knows and trusts interest on his mortgage instead of his mortgage bank. Further, he quoted this article:

    Christian Motivational Speaker Starts Bank in Response to the Rise of Cancel Culture in the Private Sector: https://link.theepochtimes.com/mkt_app/christian-motivational-speaker-starts-bank-in-response-to-the-rise-of-cancel-culture-in-the-private-sector_3895330.html

    So, a potentially added benefit of having a Christian bank, is that one couldn’t be “cancelled” out of use of credit for standing for a Christian cause, such as being pro-life.

    So, what about it? Can we start a Judeo Christian Bank? Do we want to? Why or why not?

    The answer is yes, anyone can start a bank if you get a bank charter, meet the capital requirements, and all the “banking” regulations. You can do this in a variety of ways. You can start de-novo. You can buy an existing bank. You can create a credit union which is a close cousin of a bank, but it is cooperatively owned by the affiliate group that creates a membership (getting warmer). However, anything called a “bank”, “thrift”, “savings and loan”, or “credit union” are ultimately regulated by the Federal Reserve, OTS and/or state regulators serving a similar function. That is because they use a system called “fractional reserve banking” where depositors deposit their money and the bank determines who to “lend” to using their own credit decision making criteria. Borrow money from a depositor at 1% interest, the bank has to keep only 10% of the deposit and gets to lend 90% of the money to say a business at 10% interest. Hence, the bank makes a 9% spread. You get the idea.

    However, because of the risk of these loans failing, regulators have very strict requirements of any bank conducting such fractional banking practices. The regulators and the government have set up insurance entities such as the FDIC (Federal Depository Insurance Company) to insure depositors against the risk of any bank making “bad loans”. In other words, the regulators in an effort to try to protect depositors and taxpayers from “bailing-out” or “bailing-in” the banks (due to “bad loans”) are very strict with how money is lent out. But most importantly, the regulators require the following banking practices be performed, which make for good business and profit, but which go directly against what the scriptures teach us to do:

    Why starting a Christian regulated “bank” may NOT be God’s best and highest:

    Gregg, I care more about how you make your money, than what you do with it” – 2009

    Banking Regulations

    Ful-recourse loans, ideally secured by assets

    • At the end of every seven years you must cancel debts. Deut 15:1
    • the master called the servant in. ‘You wicked servant,’ he said, ‘I canceled all that debt of yours because you begged me to. Shouldn’t you have had mercy on your fellow servant just as I had on you? Matthew 18:32-33
    • if … a wicked person… turn[s] away from their sin and do[es] what is just and right—if they give back what they took in pledge for a loan… Ezekiel 33:14-15

    Loans must be made at interest

    • You shall not charge interest on loans to your brother Deut 23:19

    Loans are to be made to the best credits – i.e. the wealthiest, most credit worthy customers

    • And if you lend to those from whom you expect repayment, what credit is that to you? Even sinners lend to sinners, expecting to be repaid in full. Luke 6:34

    Strict regulation of sub-prime credits, where more interest and fees must be charged to “risk-adjust” a less stellar credit

    • Whoever increases wealth by taking interest or profit from the poor amasses it for another, who will be kind to the poor.” Deut 28:8

    No lending to bad credits

    • But love your enemies, do good to them, and lend to them without expecting to get anything back Luke 6:35

    Lending must be “arms-length”, the definition of which includes no special terms in lending for those you know or want to help personally

    • If anyone is poor among you… do not be hardhearted or tightfisted toward them. Rather, be open handed and freely lend them whatever they need. Deut 15:7-8

    Credits need to be scored by commercially accepted methods – i.e., FICO scoring (debt history and strength of income / balance sheet) is more important than personal knowledge / reputation and character.

    The Storehouse Strategy:
    How it differs from traditional banking

    Full reserve banking – it’s your money, you decide how to give, invest or spend it

    More of a payment platform and human exchange to facilitate biblical economy and discipleship (than a way of passively making a profit and/or impersonally getting the use of money at a price)

    Biblical lending, which is non-recourse, non-interest bearing

    Trusting God instead of man

    Giving and receiving rather than contractual obligation

    The wicked borrow and do not repay, but the righteous give generously

    Psalm 37:21

    Voluntarily providing returns to those who lend or “invest” in you, either out of your desire to bless back and/or out of your profit

    When lending to others, you are making the decision to trust God and the community instead of making money off of other people’s backs (the borrower is slave to the lender)

    Common funds such as the “Storehouse” or “Joseph Funds” pool assets together for good in the community and to advance the Kingdom together (Acts 2 & 4)

    More Reason to go Storehouse
    (instead of traditional Bank)

    Part of our responsibility here I believe will also be to pray for the breaking of the mindset your parents generation and many others have.  The real risk here is staying in the current system which at some point will be demolished versus shifting out now while there is time. (the crux of Gregg’s passion and teaching). Very similar to the warning Jesus gave in Luke 23:27-29.

    While it is not really relevant to this I was part of a group that formed a National bank back in the late 80’s which was ultimately sold and just because we could call one Judeo-Christian, to Gregg’s point it would still be erected inside the corrupt system.  A very complex process.  I have found in my own walk that once my heart was repentant and yielded to the desire to get out of the system, the Lord made a way, but you will not be able to keep a foot in both camps. 

    So I pray that their hearts would be moved to further consider your suggestion and the same would befall others in the New England area. To ask “what then must we do” and then I believe the Lord will move and be glorified through the Storehouse movement.  Good discussion gents and blessings on this day!  In the meantime my counsel is to wait on the Lord.

    PS: If you want to pay the loan off sooner you don’t need a new financial vehicle to do that, just increase your payments to join your hand to your heart.

    Gary Crawford to Chris Adams and co July 11, 2021

  • Cooperatives

    Cooperatives

    Discussion: Cooperatives

    Equity Ownership Structures Part I

    We discuss Co-ops (short for Cooperatives). What are they and how are they significantly different from publicly traded companies, non-profit corporations, and privately held for profit companies? We discuss their strengths and weaknesses. We look at biblical models such as Acts 2 and 4 and compare and contrast them.

    Some History of Co-ops in USA:

    Founded 1752 in Philadelphia, PA

    Earliest known US co-op in the form of a mutual insurance company – owned by policyholders

    https://1752.com/blog/about-us/history/

    Founded 1930 in Hanson, Massachusetts among 3 cranberry farming families

    Example of a vertically integrated farming co-op whereby the farmers own the company.

    https://www.oceanspray.com/en/Our-Story/Ownership

    Founded in 1938, Seattle, WA

    Formed as a consumer co-op where by the customers own the company

    https://www.rei.com/about-rei

    Founded 1908, Manchester, New Hampshire

    First credit union in the US, as a cooperative bank owned by depositors and loan holders

    https://www.stmarysbank.com/nav/about-us/history

    Key Attributes of a “Co-op”

    • Alignment of interest around an affinity group
    • Pool resources together to better achieve business objective / common goal
    • Mutual and broad ownership with “one man, one vote” governance structure
    • “Profits” are distributed back to owners based on various fairness metrics, such as policy value, agricultural output, deposit/loan amount, or sales volume
    • they are “Non-profit” in the sense that the income statement balances to zero after dividends and/or member benefits are paid out
    • Opt-in and opt-out provisions for agricultural / supplier co-ops
    • Lifetime membership for some consumer co-ops including credit unions and insurance cos
    • Avoids hostile takeovers, capital stripping, over use of leverage, etc. found in publicly traded cos.

    Other types of “Co-ops”

    • Housing / Coop Apartment buildings / Condos
    • Student unions
    • Preschools / Child care
    • Utilities
    • Workers
    • Food / Farmers Market
    • Retail / Buyers Clubs
    • Business
    • Arts / Crafts / Performance / Theater

    We compare the strengths and weaknesses of the cooperative structure to other equity ownership structures.

  • Lending Club

    Lending Club

    Discussion: Lending Club

    What is a lending club? We discuss the OMC and NECAP examples. What is it? How does it work? It’s the “Storehouse” in action…

    Rules

    1. The first rule of Lending Club is: You do talk about Lending Club

    2. The second rule of Lending Club is: You do talk about Lending Club

    … wait a second – no but seriously ….

    Scriptural Rules for Lending Club

    1. Do not charge your brother interest (Deut 23:19); 2. Do not charge interest to the poor (Deut 22:25)

    2. Forgive debts every seven years (Deut 15:1)

    3. Return the pledge (do not hold collateral) (Ezek 33:15)

    4. Don’t expect to be repaid (Luke 6:34)

    5. Lend to your enemy (Luke 6:35)

    6. Freely you have received; freely give (Matt 10:8)

    7. Open your hand wide to the poor for their need (Deut 15:8)

    8. Borrower repays principal under God (Psalm 37:21)

    But wait, that’s impossible, right?

    Everything is possible for one who believes.”

    Mark 9:23

  • Texas Debrief

    Texas Debrief

    Discussion: Storehouse Retreat Debrief

    We cast vision for the Storehouse alternative banking strategy of God and discussed new possibilities and potential partnerships with others in Lindale Texas (see attached presentation).

    The Storehouse includes: savings, payments, community investment, local currency, advancing the Kingdom, and more. It’s God’s biblical way of lending (non-hard recourse; non-forced interest), with a focus on discipling people to create Kingdom business/ministry opportunities, receive seed investment, get out of debt and into capital surplus in order to become an investor/lender, paying it forward for the benefit of others in the community.

  • Storehouse Intro

    Storehouse Intro

    Roundtable Discussion: The Storehouse

    What is the Storehouse alternative banking strategy of God?

    We discuss further.

    The Storehouse includes: savings, payments, community investment, local currency, advancing the Kingdom, and more.

    It’s God’s biblical way of lending (non-hard recourse; non-forced interest), with a focus on discipling people to create Kingdom business/ministry opportunities, receive seed investment, get out of debt and into capital surplus in order to become an investor/lender, paying it forward for the benefit of others in the community.

  • Alt Currency

    Alt Currency

    Discussion: Alt Currency

    Inflation Part 3

    see Inflation Prophecies for Part 1
    see Inflation for Part 2

    How to deploy God’s “Storehouse” strategy of banking which can utilize an alternative community currency to the US dollar as a hedge against Inflation. The alternative currency would still be convertible to and from USD using payment bridges.

    Everyone then who hears these words of mine and does them will be like a wise man who built his house on the rock. And the rain fell, and the floods came, and the winds blew and beat on that house, but it did not fall, because it had been founded on the rock. And everyone who hears these words of mine and does not do them will be like a foolish man who built his house on the sand. And the rain fell, and the floods came, and the winds blew and beat against that house, and it fell, and great was the fall of it.

    Matthew 7:24-27

    Within a community, there lies an opportunity to encourage and stimulate the local economy, whereby the people of a given area agree to accept their own currency in lieu of US dollars. This does not remove the use of USD, but it runs in parallel to it.

    BerkShares local currency
    W.E.B. DuBois born in Great Barrington

    An example of this is BerkShares which was a local currency created in 2006 and is accepted by 400+ merchants in the Berkshire Region of Western Massachusetts. Here is a good article in the Boston Globe.

    Saugatuck Bank, Westport CT local currency 1860

    Here is a different example of a Westport CT local bank issued currency (these are the printing plates) from 1860. Because banks today are regulated by the Fed, they deal only in Federal Reserve Notes (USD). But that wasn’t always the case! And what if the Fed fails?

    We continue to discuss why inflation is coming. Another good perspective on this is from Ray Dalio, who manages the largest hedge fund in the world Bridgewater Capital, also based in Westport CT. While I don’t agree with Ray’s approach to economy and investing, he is an astute observer. And here.

    Hockey Stick Increase M1 Money Supply

    Finally, we have received another wake up call from the Fed itself when it announced at the beginning of the year that it would stop tracking ANY of the money supply. Yes, you heard that right, for years everyone tracked M1 and M2, which are our US measures of money. But the problem is when the Fed started printing money during the pandemic and the Fed government sent out stimulus checks and PPP loans, the money supply exploded. M1 took off like a rocket. This is also a sign of inflation. The fact that the Fed is not really explaining why it took this action, is also problematic.

    Weimar Wheelbarrow of Money

    This just in: 3 Americans – Buffet, Bezos and Musk are wealthier than the bottom 50% of all Americans. Mmmm.

    There was not a needy person among them, for as many as were owners of lands or houses sold them and brought the proceeds of what was sold…

    Acts 4:34

    Cryptocurrencies as of April 29 were worth more than $2 trillion, according to CoinDesk, an information service, roughly equivalent to all U.S. dollars in circulation.

    WSJ excerpt from “It’s Raining Money! What Happens When It Stops?“

  • Inflation

    Inflation

    Discussion: Inflation

    Inflation Part 2

    see Inflation Prophecies for Part 1

    Last July, we discussed the Inflation Prophecies which you can read here as a refresher. Then more recently, our discussion of the National Debt delved into the “what if” of if the US ever lost its place as the reserve and settlement currency of the world, and how that could lead to even hyper-inflation. As we talked about, China and Iran are already making inroads to settling oil and energy products outside of the USD, including the US Fed wire / SWIFT banking system.

    Just today Janet Yellen hinted that the Fed may need to raise interest rates in the medium term. Jamie Dimon, the CEO of the largest US bank JPM also said inflation is here but “everyone should enjoy it”. Warren Buffet also said inflation is more than expected. This is news. Reason being – stimulus spending and asset purchases through loose monetary policy, aka more debt.

    No raising rates if inflation goes above 2% “temporarily”

    The Fed and Jerome Powell have also raised their inflation target to above 2% rather than traditional measures of keeping inflation below 2%.

    The spigot of government spending and Fed backed lending that is now wide open through the various Fed lending windows, to banks, corporations, municipalities. This in turn has led to massive increase in asset purchases such as housing, land, stocks, commodities, land, gold, precious metals and yes – Bitcoin.

    Zimbabwe Note – 100Tn ?!

    Third Seal: Scarcity on Earth

    When He opened the third seal, I heard the third living creature say, “Come and see.” So I looked, and behold, a black horse, and he who sat on it had a pair of scales in his hand. And I heard a voice in the midst of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not harm the oil and the wine.”

    Revelation 6:5-6

    So, what to do? That will be the nature of our discussion. How the “Storehouse” alternative banking and currency strategies can respond to these issues.

  • Bitcoin

    Bitcoin

    Discussion: Bitcoin from a Christian perspective (Crypto Currency Part 2)

    Bitcoin was the first cryptocurrency to successfully record transactions on a secure, decentralized blockchain-based network. Launched in early 2009 by its pseudonymous creator Satoshi Nakamoto, Bitcoin is the largest cryptocurrency measured by market capitalization and amount of data stored on its blockchain. The Bitcoin software is free and available online to anyone who wants to run a Bitcoin node and store their own copy of the Bitcoin blockchain. As Bitcoin matures, engineers have designed additional protocols to improve the speed and privacy of Bitcoin transactions, including the Omni Layer, Lightning Network and Liquid Network. Only approximately 21 million bitcoins will ever be created. New coins are minted every 10 minutes by bitcoin miners who help to maintain the network by adding new transaction data to the blockchain.

    Coindesk.com description of Bitcoin

    Last September, we explored the subject of Crypto currencies, decentralized finance (DeFi) and blockchain technology for applicability to financing the works of God here on the earth, including an alternative currency. The biggest Crypto by far is Bitcoin. So we are going to do a bit of a deeper dive into it in this discussion… This post / podcast is worth reading / listening to by means of review: https://newbreed.co/2020/09/01/crypto-currency/

    Sept 2020     1 Bitcoin (last time we talked) $11,500
    April 2021   1 Bitcoin (as of this email) $55,043

    What has happened since:

    • 10/8/20 Square / Jack Dorsey $50m purchase of Bitcoin
    • 10/21/20 PayPal clients can purchase Bitcoin; Venmo 2021
    • 12/16/20 MassMutual insurance buys $100m Bitcoin
    • 12/20/20 Square Cash announces “Bitcoin back”
    • 1/31/21 Twitter / Dorsey brands “#bitcoin” with bitcoin emoji
    • 2/2/21 CALPERs increases Bitcoin miner RIOT stake to $441m
    • 2/4/21 “Dogecoin is the people’s crypto.” Elon Musk tweet
    • 2/8/21 Tesla $1.5Bn purchase of Bitcoin; Bitcoin as payment
    • 2/18/21 Robinhood announces clients Bitcoin buy and sell
    • 2/23/21 Square / Dorsey $170m purchase of Bitcoin
    • 3/30/21 PayPal clients can settle transactions in Bitcoin
    • 3/17/21 Morgan Stanley high net-worth clients can buy Bitcoin
    • 4/14/21 Coinbase goes public at $250/s – closes $338

    Few other interesting tidbits:

    A friend forwarded me this Tweet:

    Bitcoin is an exit from the Fed.
    DeFi is an exit from Wall Street.
    Social media is an exit from mass media.

    Homeschooling is an exit from industrial education.
    Remote work is an exit from 9-5.
    Creator economy is an exit from employment.

    Individuals are leaving institutions.

    @Naval Tweet on 1/2/21

    A nice quip, but is it true??

    • Example: Bitcoin is traded through exchanges and held in wallets that are regulated
    • Example: Virtually all USD lending is done through the Fed
    • Example: 75% of US GDP and 50%+ of all jobs come from the Fortune 500…big institutions getting bigger

    700 Club video just published yesterday on Bitcoin, which was pretty good: https://www1.cbn.com/cbnnews/world/2021/april/understanding-the-bitcoin-revolution-and-why-its-likely-to-change-the-world

    Bear Case for Bitcoin:

    NYU Economist Roubini believes Bitcoin is a self-fulfilling bubble as transaction costs are too high as a means of payment : https://www.bloomberg.com/news/videos/2021-02-17/bitcoin-is-a-self-fulfilling-bubble-roubini-warns-video

    Bull Case for Bitcoin:

    ARK Investing Founder Cathie Wood (a professing Christian) believes the ability of crypto and bitcoin and other advanced technology cos to change and advance the economy of the world (such as Tesla and Space X) are so great, we have an order of magnitude of future investment appreciation https://www.bloomberg.com/news/videos/2021-03-08/cathie-wood-on-market-broadening-out-tesla-retail-investors-video

    Satoshi Nakamoto

    What is needed is an electronic payment system based on cryptographic proof instead of trust,
    allowing any two willing parties to transact directly with each other without the need for a trusted
    third party.

    2008 Bitcoin white paper p1

    Is God is looking to replace trust in Him and people with cryptographic machine trust?

    The word “Crypto” comes from the Greek word kruptós, meaning ‘hidden’, ‘secret’ or ‘in the dark’.

    Another friend asked me the other day what I thought of the decentralized nature of Crypto as it relates to creating an alternative Christian banking system, and this was my response :

    Crypto, block chain, and DeFi are all good/interesting technology and ideas. Bitcoin, etc. not so great given price mania of its implementation. Bitcoin and most crypto-currencies also try to replace human trust with machine trust (which isn’t biblical). So, if you combine the tech with human relationships, bypass the legacy financial systems and the Fed while using removable bridges, back it with physical tangible value, you have what we are prototyping in the New Breed of Business.