Today I read an article how the market responded so well to the "good news" concerning the Treasury Department's bank rescue plan. FoxBusiness - 'Bad Bank' Buying Binge: Dow Soars 497
For months we have all watched the Dow nosedive from 12,548.63 (March 24, 2008) to today's close of 7,685.46. (Yahoo! Finance)
And today's 497 point rally is good news? Even if the Dow rose to the level it was a year ago in the next two weeks or two months, people will still place their trust and hope in the world's financial system rather than in God's Word.
I am not a pessimist by any means whatsoever, but it is sadly clear what people treasure most and what they desire to see more of in their lives. MONEY. Now I also realize that there are others who do not have such a lust for money in their lives either.
In the article, Dave Rovelli, managing director of Canaccord Adams said, “The market definitely likes what it’s hearing. It’s taking the uncertainty out of the equation.” Amazing! The market likes what it is hearing and the uncertainty people had has been eased, or comforted.
Unfortunately though, many people find their total security and complete happiness in the amount or size of their financial portfolio and many are consumed by the opportunity to amass more wealth as if there would soon be a short supply of it.
This story caught my attention because while the market responded positively to the Treasury Department's bank rescue plan, many people do not respond to God's rescue plan from eternal condemnation through His command to repent and believe in the gospel (Acts 17:30, Mark 1:15).
Let's take a quick look at a verse from Scripture that talks about the danger of trusting in riches.
6 Those who trust in their wealth and boast in the multitude of their riches, 7 none of them can by any means redeem his brother, nor give to God a ransom for him— Psalm 49:6-7Matthew Henry's commentary regarding verse 6 says, "they depend upon it as their portion and happiness, and expect that it will secure them from all evil and supply them with all good, and that they need nothing else, no, not God himself."
After Jesus counseled the rich young ruler (Mark 10:17-22) who could not leave his wealth to follow Jesus said, "Children, how hard it is for those who trust in riches to enter the kingdom of God!"
Matthew Henry says, "here he tells them, that the danger arose not so much from their having riches as from their trusting to them, and placing their confidence in them, expecting protection, provision, and a portion from them; saying that to their gold, which they should say only to their God, Thou art my hope, Job 31:24. They have such a value as this for the wealth of the world, will never be brought to put a right value upon Christ and his grace." (Matthew Henry's Commentary, Mark 10:17-31)
What will it take for people to realize that trusting in anything material of this world will not save them from God's judgment for their sin? Those who think their weekly donation to the local church or their charitable contributions will somehow exceed the blood that was shed by Jesus Christ on the cross for the payment of their sins. It won't. It truly won't.
The Old Testament prophet Hosea said, "I will ransom them from the power of the grave; I will redeem them from death. O Death, I will be your plagues! O Grave, I will be your destruction! Pity is hidden from My eyes.” Hosea 13:14.
These words are filled with such hope for the unrepentant sinner who stands on the edge of eternity and before a just and holy God! God will be the one who will release a person from the power of the grave! Death cannot hold the repentant sinner in the grave when an eternity in heaven awaits them!
God will be the one who redeems them from a state of absolute lifelessness to a life of glory and immortality in heaven! God will conquer death and the grave for the one who repents before God!
The only ransom that will satisfy God, is Jesus Christ!
In You, O LORD, I put my trust; Let me never be put to shame. Psalm 71:1.
Meyers, R. (2006). e-Sword. The sword of the Lord with an electronic edge (Verson 7.8) [Computer software].
Scripture taken from the New King James Version. Copyright © 1982 by Thomas Nelson, Inc. Used by permission. All rights reserved.