‘Bailout’ vs. prosperity: by Albert Mohler Jr.

 

 

‘Bailout’ vs. prosperity
R. Albert Mohler Jr.

Posted on Oct 3, 2008LOUISVILLE, Ky.

(BP)–Now that the economic “bailout” plan has been passed by Congress, expect all parties involved to claim credit if it appears to work and deny blame if the crisis worsens. Though the primary problem is a crisis in the credit markets and the financial sector, the entire economy feels the crunch. The crisis now may lie in the awareness of uncertainty — and no one likes uncertainty when it comes to matters economic.

The public is also bracing for more bad news. Just today (Oct. 3), the state of California announced that it might need a $7 billion bailout. The state’s credit rating is not the problem, but the state has been unable to get the short-term money it needs, given the constriction of credit. Who is next?

There are a host of issues to be considered here. Many Americans are just waking up to the basic facts of economics. Most, sad to say, remain oblivious. Some among the more curious are discovering how much borrowing and lending goes on in the course of business — and among their neighbors.

Niall Ferguson, one of the world’s most influential historians, puts much of this into perspective in an essay published in the current issue of TIME magazine. In “The End of Prosperity?” Ferguson argues that another Great Depression — a “Depression 2.0” — is avoidable. Nevertheless, a period of far less material prosperity is almost surely at hand.

He explains: “The U.S. — not to mention Western Europe — is in the grip of a downward spiral that financial experts call deleveraging. Having accumulated debts beyond what’s sustainable, households and financial institutions are being forced to reduce them. The pressure to do so results from a decline in the price of the assets they bought with the money they borrowed. It’s a vicious feedback loop. When families and banks tip into bankruptcy, more assets get dumped on the market, driving prices down further and necessitating more deleveraging. This process now has so much momentum that even $700 billion in taxpayers’ money may not suffice to stop it.”

The unavoidable reduction of debt is traumatic at every level. Excessive and unsustainable valuations led to bad decisions and the illusion of free money. It never lasts. The “deleveraging” we are now witnessing will take some time to run its course. And that course is still unpredictable.

The most interesting part of Ferguson’s analysis has to do with the causes and course of the Great Depression as compared to the present crisis. His historical precision and honesty are helpful — even as his analysis is bracing.

One of the most interesting paragraphs in Ferguson’s essay has to do with the credit crisis at the household level. Consider this: “In the case of households, debt rose from about 50% of GDP in 1980 to a peak of 100% in 2006. In other words, households now owe as much as the entire U.S. economy can produce in a year. Much of the increase in debt was used to invest in real estate. The result was a bubble; at its peak, average U.S. house prices were rising at 20% a year. Then — as bubbles always do — it burst. The S&P Case-Shiller index of house prices in 20 cities has been falling since February 2007. And the decline is accelerating. In June prices were down 16% compared with a year earlier. In some cities — like Phoenix and Miami — they have fallen by as much as a third from their peaks. The U.S. real estate market hasn’t faced anything like this since the Depression. And the pain is not over. Credit Suisse predicts that 13% of U.S. homeowners with mortgages could end up losing their homes.”

We can only wonder how many Americans realize that total household borrowing now amounts to the productivity of the entire U.S. economy for a year. That is a staggering reality. Such borrowing levels are economically unsustainable. At the level of the individual household, this downturn can be catastrophic.

The Christian tradition has been very suspicious of credit and borrowing. Usury laws and a bias against borrowing and lending dissuaded most Christians from borrowing except in a dire emergency. Until fairly recently, the widespread use of consumer credit was unimaginable among Christians. Evidence that this is no longer the case can be found the popularity of so many Christian financial advisers who have been calling for believers to get out of debt.

In another article — fascinating on its own — TIME’s David van Biema looks at the influence of prosperity theology in the current credit crisis. His article, “Did God Want You to Get That Mortgage?” starts with a punch: “Has the so-called Prosperity Gospel turned its followers into some of the most willing participants — and hence, victims — of the current financial crisis? That’s what a scholar of the fast-growing brand of Pentecostal Christianity believes. While researching a book on black televangelism, says Jonathan Walton, a religion professor at the University of California Riverside, he realized that Prosperity’s central promise — that God would “make a way” for poor people to enjoy the better things in life — had developed an additional, toxic expression during sub-prime boom. Walton says that this encouraged congregants who got dicey mortgages to believe “God caused the bank to ignore my credit score and blessed me with my first house.” The results, he says, “were disastrous, because they pretty much turned parishioners into prey for greedy brokers.”

Lee Grady, editor of Charisma magazine, explained it this way: “It definitely goes on, that a preacher might say, ‘if you give this offering, God will give you a house.’ And if they did get the house, people did think that it was an answer to prayer, when in fact it was really bad banking policy.”

It is easy to see how prosperity theology could lead to these unwarranted assumptions. Prosperity theology is a lie, and a false Gospel. We are not promised economic or financial prosperity in the Gospel. We are promised what money cannot buy and poverty cannot take away.

It is also easy for non-charismatic critics of prosperity theology to look down on those who were so susceptible to its false promises. Many devotees of prosperity theology are desperate in ways the more privileged cannot understand, and they are prey to both lenders and preachers promising prosperity.

I must wonder how many other Christians — far removed theologically from Charismatic prosperity theology — might have bought into a very different prosperity theology. Have we all been seduced by the idea that prosperity is a given? Do we now think that prosperity is our right? Do we associate prosperity with the blessings we receive in the Gospel?

Perhaps we all need a refresher course in Christian economics and Christian theology. Niall Ferguson argues from the record of history in looking to the current crisis. Perhaps we should remember our own history lesson — that far more believers in Christ have been and are now among the poor, rather than among the wealthy. We should hear Jesus warn against materialism and Paul remind us that we are to be content when we have plenty and when we have little. We should know that the Christian virtue of thrift is incompatible with the lies of those who push consumer credit.

We are not promised prosperity. When we do enjoy prosperity, we should be thankful stewards — not peddlers of our own prosperity theology.
–30–
R. Albert Mohler Jr. is president of Southern Baptist Theological Seminary in Louisville, Ky. This column first appeared on his blog at www.AlbertMohler.com

http://www.sbcbaptistpress.org/BPFirstPerson.asp?ID=29071

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Thoughts On the Current Economic Crisis (a Word of Faith article)

Thoughts On the Current Economic Crisis

by Isaiah on October 13, 2008

The world around us, and as we know it, is falling to pieces. There’s panic at every corner — the financial crisis is sending ripple waves across the world and being felt by millions at an unprecedented speed; there’s war (Iraq, Afghanistan) and rumors of war (Iran, Israel), political uncertainty, and the list goes on.

To many, it’s doom and gloom – time to hunker down and try to ride out the crisis as best as we can, while counting on the governments and experts to devise manners in which to bring the world out of the mess caused by unbridled greed and lust for mammon.

Many who have already been affected, and will be affected, will be Christians — at this juncture it doesn’t matter if they are real Christians or those who just profess to be Christians. Looking at Christendom in the past several years, one wonders if much of the teachings coming from pulpits are setting up Christians to be some of the biggest losers in the crisis and perhaps even cause a great falling away (2 Thessalonians 2:3).

Look at what we have today — Christ-less Christianity that has adopted the world’s preoccupation with the self, and subsequently a feel-good “gospel” that’s all about me. God wants me to have good self image; God wants me to be successful; God wants me to be rich; God wants me to be the head and not the tail in the marketplace and the list goes on — me, me, me, and just me.

Instead of teachings on separation from the world, a denial of the flesh, and carrying one’s own cross, today many churches are teaching exactly the opposite. The flesh is to be gratified — the natural desires of man to be fulfilled through the accumulation of wealth and power. Instead of separation from the world, the filthiest, God-denying, forms of entertainment are brought into churches with the excuse that they have inherent Christian messages in them.

And then there are some of the biggest scammers in history fleecing thousands upon thousands of not-so-discerning Christians who provide a continuous stream of income for the former simply because these so-called pastors are able to quote Scripture and twist them to achieve the desired effect, much like at the beginning when the serpent told Eve, “You shall not surely die.” (Genesis 3:1-6).

These pastors — wolves in sheep’s clothing — play on the desperation of people and appeal to their natural desires. After all, who in their right mind in the natural human state doesn’t want to be rich or powerful? And if there’s a god who can give me all that in 100-fold (or more) returns if only I give up a sizable amount of my income as a tithe or building fund, oh yes, I’ll definitely worship that god!

It worries me that in these bad times, when desperation is high, that more would be drawn to such false promises. Most would think that some folks, after realizing that the promises were empty, might abandon the teachings and return to Biblical truth but I fear that the opposite might actually be more probable.

Mind you, I’m not making light of the desperation that some of these folks might have and the extreme poverty and hardships they might face, but it is my opinion that it is in desperate times that people will turn to desperate measures, including falling chin-deep into such mire. We might therefore see some of these tricksters flourishing, fleecing what little the desperate have for their own gains with twisted Scripture and false promises.

In fact, I’d even go as far as to state that such men aren’t very much different from the scammers many of us have at one time or another received an email from at our email accounts. In order for you to claim the promised prize(s), you first have to give and give till it hurts. Their version of Matthew 7:9-11 goes something like this (added words in italics):

Or which one of you, if his son asks him for bread, will give him a stone? Or if he asks for a fish, will give him a serpent? If you then, who are evil, know how to give good gifts to your children, how much more will your Father who is in heaven give good things to those who ask him after you give what money you have in your bank account as tithe or to the fund.

I am not speculating, but have seen how, even in dire times, many who buy into the prosperity and self-serving messages encourage one another to continue giving despite the pain and desperation. On a blog where the writer preaches the prosperity message, he advises a woman on the brink of a breakdown after failure in her business and calamities in her personal life to “not give up” but continue to give, believing that she will ultimately reap the returns in due time. As recent as this past Sunday, the senior pastor of a mega-church in Singapore has been telling his congregation to pledge more to the building fund and tithe more, backed up by testimonies of folks who have done so and are now rich and prosperous.

While I fear that more will fall into the traps strategically set up by such tricksters, there will also be those who will leave, disillusioned with the faith and angry with God. Most likely they will not blame themselves (for not many will), but their hearts will cry and curse God for not delivering on His promises (according to the pastors). And so, even if there was seed planted that grew a little in their hearts, whatever little bud or fruit there was would be ripped up and thrown away. In many ways, folks who have professed to be Christians but are now disillusioned and bitter are, in most cases I’ve come across, worse than militant atheists.

Finally, what is the true Bride of Christ to do? I very much believe that many in the world need to hear the Gospel — even those who have professed to be Christians but have not the fruits to identify them as being so. Perhaps what’s even more needed and necessary is for many churches to return to Biblical, Christ-centered Christianity. This is a time of cleansing and discipline when we need to pray that the will of the Lord our God be done, and we pray that part of His will is to rid His bride of the impurities of the messages of Self and Mammon.

It is also a time for Christians to be Christians — many, even those who have a good grasp of theology and see themselves as being Biblical, are Christians until they hear someone call out for financial help or other forms of assistance which might inconvenience their normal routines. Perhaps many of us are not too keen to lend without expecting anything back (Luke 6:34-35), or even offer a fellow Christian and even a non-Christian a meal or two but it is in such dire times that, I believe, true Christianity is, and should be, in action. I’m not emphasizing a social gospel, vis-a -vis Rick Warren, but the truth is that the Bride of Christ in recent times has to a certain degree been quite ensconced in our own little bubbles.

There’s no doubt in my mind that God has allowed this unprecedented financial crisis for a reason — that His Bride for His beloved Son Jesus Christ returns to an ethos that solely relies on Him, forsaking the temporal treasures of this world for His kingdom, and defines success as He defines it. As members of the body of Christ Jesus’ bride, we’ll do well to rejoice even in these troubling times, with the full knowledge that God is in control, as we encourage one another and as we pray for many to receive salvation and find true contentment in Him alone.

Maranatha!

http://wordnverse.com/2008/10/13/thoughts-on-the-current-economic-crisis/

Word of Faith Televangelists Partly To Blame For Economic Woes: COULD IT BE THAT?, Americans and the World are now paying the consequences of a false “prosperity gospel“, through economic crises and outrageous personal debt? What will be the end result?

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Televangelists Partly To Blame For Economic Woes
December 6, 2008 by C. KingHisglory

September 24, 2008
Andrew Strom: The Depression Has Begun
From: Revival School

The DEPRESSION HAS BEGUN

Ten months ago in November 2007 while preaching in Wisconsin USA, I felt a strong unction from the Holy Spirit to speak about the future of the United States and the imminent Crash. As often happens under that kind of anointing, a real boldness came over me, and for the first time I found myself clearly putting a “date” on the coming financial Depression – something I had never done before – except in the vaguest of terms. I found myself predicting that tragically within six months America would be in Recession, and within 12 months the actual Depression would begin.
(-This audio is on our website – http://www.revivalschool.com )

So let us look at the evidence. It is now ten months later. Has the Depression begun? Sadly the answer has to be “Yes”. In the last
two weeks the two largest mortgage giants in the world (Fannie
Mae & Freddie Mac) failed, the largest Insurance Company on earth
crashed (all taken over by the US Government), Lehman Brothers
went bankrupt (almost taking the entire financial system with it),
Money Markets reeled, the two remaining giant Investment banks
sought protection as “holding banks” – which means the end of
Wall Street as we know it, etc, etc. Stocks are in turmoil, Oil leapt
on Monday by the most ever recorded, gold is volatile – and on it
goes. -The most shattering two weeks since the Great Depression.
Meanwhile the US Treasury is seeking 700 billion dollars in a
forlorn effort to put Humpty back together again – tragically too late.

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Scamming the Lamb’s Fam: Hireling Mike Murdock Gets Paid $100,000 For Twisting the Gospel on the Inspiration Network  See video here

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THERE ARE “JONAHS” on THE BOAT

Why is this storm hitting America at this time? There are certainly
many reasons – most of which we have discussed before. But let
me put something else before you that I believe God spoke to me
not long ago:- There are “Jonahs” on the boat – and they are
sending the nation down.

Who are these Jonahs? I believe they are the “prophets” of America
who will not preach the truth – who sleep comfortably in the bowels
of the nation while chaos reigns all around them. Too afraid to
deliver God’s word ‘Repent’, they run the other way – toward smooth
talk and pleasant sayings – “Peace peace” when there is no peace.
And the depths of this great crisis can be laid directly at their door.

Yes – that’s right. A big reason why the ship of America is sinking
is because her prophets ran away from their God-given task and
message at the crucial moment.

If only these prophets had preached the TRUTH when the nation
so desperately needed to hear it. If only they had begun – way
back in the 1980’s – to call the lukewarm church to repentance,
to rebuke the people for their love of money, their greed, their sin.
But no – the siren call of “popularity” was too strong. The call of
“grace, grace”, of mass acceptance, of big reputations and even
bigger offerings. And so they sold out. And now they sleep bliss-
fully in the midst of the ship, while the storm whips to fury all
around. How do you sleep, O Jonahs, who would not cry “Repent”?

And it is not just the “prophets” either. It is the televangelists too.
Caught up in a world of fakery, hype and money-grubbing unseen
in the church since the Dark Ages, these hucksters are spreading
their garbage to every Third World Revival nation around the globe.
Greed, manipulation and pride on a scale that only America could
generate. Where is your shame, O charlatans of greed?

And so God is forced to act. And just like Jonah, the storm will
not abate until the wayward preachers are thrown overboard. Until
America is rid of these international thieves and prostitutes, she
is finished. And she will not recover until they are gone.

You see, it is not just the leaders who are at fault here. It is also
the people, who “love to have it so”. And thus until the heart of the
people is scourged and purged they will accomodate the “Jonahs” –
even seeking more of their ear-tickling fables to comfort themselves
in this time of breaking.

Until the heart of American greed is shattered – until her people
act of their own volition to throw these Jonahs overboard – this
storm will go on and on. In fact, it is about to grow a whole lot worse.

Mark my words, America: Until you remove these Jonahs, your
nation cannot recover. They have held the whole world in thrall by
their apostasy. And God cannot have it so any more. How long will
it take you to realize? How long will it take you to act?

THROW THE JONAHS OVERBOARD and be done with them!!
Only then will this mother of all storms subside.

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Are some Christians practicing Witches Unaware? Prosperity Gospel to blame for economic woes?  LIVE RADIO JAN 6 10pm on BlogTalkRadio.com/How2BecomeAChristian

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-Comments welcome. -Send to- prophetic@revivalschool.com

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God bless you all,

Andrew Strom.

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ALERT: The Roman Catholic “Church” is Not Christian by Jesus-is-Lord.com

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ALERT!!!

  The Roman Catholic “Church” is Not Christian

 

Practically all precepts of the Roman Catholic religion contradict the Bible repeatedly. It is the largest cult in the world and most preachers will not openly say so because it is so large. For Catholics who read this, please remember this: the person that tells you the truth is the one that cares.

For a glimpse of the atrocities committed by the Roman Catholic religion, do a net search on the Inquisition or the Crusades. During the Inquisition, the Catholic religion killed millions. Why? Primarily to suppress any and all opposition to the pope. Side “benefits” included taking the material wealth of its victims and showing the pope’s power. The Catholic Inquisitors tortured, crippled, burned, and imprisioned millions of people. Whatever happened to love your enemies? (Matthew 5:44)

Before we get to specific problems with Catholic doctrine, let’s review how this bloodthirsty organization treated a man who simply wanted to get the Bible into the hands of the common people. In the late 1300s John Wycilf translated the scriptures from the Latin Vulgate. Some 40 odd years after his death, the Catholic religion dug up his bones and burned them calling him an arch-heretick. In the 1500’s William Tyndale sought to translate the Bible into the language of the common people, English. He could not gain approval from the Catholic religon so he worked as an outlaw on the run in Europe, translating the Bible. He was eventually captured, condemned and executed in 1536. It is because of people like these men, Tyndale and Wycliffe, that we have the scriptures today. If the Catholic religion had its way, we’d still be in ignorance about the Bible and enslaved to the pope. Time fails me here to tell of other marytrs like John Hus, John Rogers, etc. who were killed by popish persons.

I’ll list the catholic tradition first and then what the Bible has to say about the matter.

* * * *
CATHOLIC TRADITION – Call priests father, e.g., Father McKinley.

WHAT THE BIBLE SAYS –

Matthew 23:9 And call no man your father upon the earth: for one is your Father, which is in heaven.
* * * *
CATHOLIC TRADITION – Forbidding the priesthood to marry.

WHAT THE BIBLE SAYS –

1) It is devilish to forbid God’s people to marry when He has given marriage to be received with thanksgiving.

1 Timothy 4:1 Now the Spirit speaketh expressly, that in the latter times some shall depart from the faith, giving heed to seducing spirits, and doctrines of devils;
4:2 Speaking lies in hypocrisy; having their conscience seared with a hot iron;
4:3 Forbidding to marry, and commanding to abstain from meats, which God hath created to be received with thanksgiving of them which believe and know the truth.

2) Peter was married (remember the pope is supposedly continuing the apostolic line through Peter).

Matthew
8:14 And when Jesus was come into Peter’s house, he saw his wife’s mother laid, and sick of a fever.

Mark
1:30 But Simon’s wife’s mother lay sick of a fever, and anon they tell him of her.

Luke
4:38 And he arose out of the synagogue, and entered into Simon’s house. And Simon’s wife’s mother was taken with a great fever; and they besought him for her.

3) Paul, a great apostle, remained single; however he made it very clear that he could marry if he wanted to.

1 Corinthians
9:5 Have we not power to lead about a sister, a wife, as well as other apostles, and as the brethren of the Lord, and Cephas?

* * * *
CATHOLIC TRADITION – Mary never had other children after the Lord Jesus. A perpetual virgin.

WHAT THE BIBLE SAYS – Mary and Joseph indeed had children. They were the Lord’s half brothers and sisters for their father was Joseph and mother was Mary.

Matthew
13:55 Is not this the carpenter’s son? is not his mother called Mary? and his brethren, James, and Joses, and Simon, and Judas?

13:56 And his sisters, are they not all with us? Whence then hath this man all these things?

Mark6:3 Is not this the carpenter, the son of Mary, the brother of James, and Joses, and of Juda, and Simon? and are not his sisters here with us? And they were offended at him.

* * * *
CATHOLIC TRADITION – Mary is the queen of heaven.

WHAT THE BIBLE SAYS – Worshipping the queen of heaven (which is not the Mary of the Bible) is worshipping another god and it provokes the Lord to anger.

Jeremiah
7:17 Seest thou not what they do in the cities of Judah and in the streets of Jerusalem?
7:18 The children gather wood, and the fathers kindle the fire, and the women knead their dough, to make cakes to the queen of heaven, and to pour out drink offerings unto other gods, that they may provoke me to anger.
7:19 Do they provoke me to anger? saith the LORD: do they not provoke themselves to the confusion of their own faces?

* * * *
CATHOLIC TRADITION – Mary is the mother of God.

WHAT THE BIBLE SAYS – Mary is the mother of the earthly Jesus, not God. Jesus pre- existed from everlasting as God (see John 1:1). When He came to redeem mankind, He laid aside His glory and was made like unto sinful man so that He could take our punishment (Hebrew 2:9). God has no mother. He has lived from everlasting which means He had no beginning.

Isaiah
43:10 Ye are my witnesses, saith the LORD, and my servant whom I have chosen: that ye may know and believe me, and understand that I am he: before me there was no God formed, neither shall there be after me. [If Mary gave birth to God, she’d be God.]

Psalm
93:2 Thy throne is established of old: thou art from everlasting.

Micah
5:2 But thou, Bethlehem Ephratah, though thou be little among the thousands of Judah, yet out of thee shall he come forth unto me that is to be ruler [Jesus] in Israel; whose goings forth have been from of old, from everlasting.

Philippians
2:6 Who [Jesus], being in the form of God, thought it not robbery to be equal with God:
2:7 But made himself of no reputation, and took upon him the form of a servant, and was made in the likeness of men:

* * * *
CATHOLIC TRADITION – Pope called Holy Father.

WHAT THE BIBLE SAYS – The term Holy Father is only found one time in the entire Bible. It was when Jesus prayed before He and His disciples went to the garden of Gethsemane. He referred to God the Father as Holy Father. It is blasphemy to call a man by God’s name

John
17:11 And now I am no more in the world, but these are in the world, and I come to thee. Holy Father, keep through thine own name those whom thou hast given me, that they may be one, as we are.
* * * *
CATHOLIC TRADITION – Purgatory, nuns, popes.

WHAT THE BIBLE SAYS – None of these is mentioned in the Bible. It is a sin to add to the Bible.

Proverbs
30:6 Add thou not unto his words, lest he reprove thee, and thou be found a liar.
The pope is a man who takes upon himself honor which belongs to no human being. Even the very name by which he allows himself to be called (Holy Father) is highly presumptuous and blasphemous (see above).

One does not need the pope to determine what God’s will is. The Bible says that God has given the Holy Ghost to each believer and that He (the Holy Ghost) guides and leads us into all truth. All a believer needs is the Bible and the Holy Ghost to know the will of the Lord. Popery has been treacherous, but worse, each pope has been the blind leading the blind. Jesus said that both will fall into the ditch. Catholics, come out of this system that cannot save and know Jesus for youself, intimate and up-close.

NOTE: Purgatory is supposedly a place where a person is purified of sins–even popes supposedly go there. The Bible says that Jesus Christ is the one that purifies us of our sins. Romans 8:1 There is therefore now no condemnation to them which are in Christ Jesus…. When a person dies their eternal home is sealed–heaven or hell–no in between. Hebrews 9:27 …it is appointed unto men once to die, but after this the judgment.

* * * *
CATHOLIC TRADITION – Venerating/worshipping images. Pope bows to statues of Mary, people worship the eucharist and have statues/candles in their homes and churches.

WHAT THE BIBLE SAYS – It is idolatry to venerate images. We are not even supposed to make them.

Exodus
20:4 Thou shalt not make unto thee any graven image, or any likeness of any thing that is in heaven above, or that is in the earth beneath, or that is in the water under the earth.
20:5 Thou shalt not bow down thyself to them, nor serve them: for I the LORD thy God am a jealous God…
* * * *
CATHOLIC TRADITION – The mass. Through transubstantiation, the wafer/host and the wine supposedly become the actual blood and body of Jesus Christ when the priest prays over them.

WHAT THE BIBLE SAYS – Jesus died once for sins, never to be repeated. He sits on the right hand of God and does not reappear in the mass as a mass of blood and flesh.

Hebrews
10:12 But this man [Jesus], after he had offered one sacrifice for sins for ever, sat down on the right hand of God;
10:13 From henceforth expecting till his enemies be made his footstool.
10:14 For by one offering he hath perfected for ever them that are sanctified.
10:15 Whereof the Holy Ghost also is a witness to us: for after that he had said before,
10:16 This is the covenant that I will make with them after those days, saith the Lord, I will put my laws into their hearts, and in their minds will I write them;
10:17 And their sins and iniquities will I remember no more.
10:18 Now where remission of these is, there is no more offering for sin.

John
19:30 When Jesus therefore had received the vinegar, he said, It is finished: and he bowed his head, and gave up the ghost.

1 Corinthians
11:24 And when he [Jesus] had given thanks, he brake it [bread], and said, Take, eat: this is my body, which is broken for you: this do in remembrance of me.
11:25 After the same manner also he took the cup, when he had supped, saying, This cup is the new testament in my blood: this do ye, as oft as ye drink it, in remembrance of me.
11:26 For as often as ye eat this bread, and drink this cup, ye do shew the Lord’s death till he come (not for the forgiveness of sins or to receive Jesus).

* * * *
CATHOLIC TRADITION – Saved, in part, by good works.

WHAT THE BIBLE SAYS – Good works are the fruits that grow out of being saved. They do not make you saved. An apple does not make its tree an apple tree, it was already an apple tree before any apples appeared. When you see the apples; however, you know what kind of tree it is. If a person is saved, he will shew forth good works because he has the spirit of Christ in him. The good works don’t make him saved only the blood of Jesus can do that.

I John
1:7b …the blood of Jesus Christ his Son cleanseth us from all sin.
Acts 16:31b
…believe on the Lord Jesus Christ and thou shalt be saved.

Romans
3:24 Being justified freely by his grace through the redemption that is in Christ Jesus:
3:25 Whom God hath set forth to be a propitiation through faith in his blood, to declare his righteousness for the remission of sins that are past, through the forbearance of God;
3:26 To declare, I say, at this time his righteousness: that he might be just, and the justifier of him which believeth in Jesus.
3:27 Where is boasting then? It is excluded. By what law? of works? Nay: but by the law of faith.
3:28 Therefore we conclude that a man is justified by faith without the deeds of the law.

What about James 2:20 “faith without works is dead”?

The kind of faith that saves is a faith that shows forth the works of God. Even devils believe in Jesus and tremble (James 2:19). Many people believe in Jesus but they won’t follow Him. They have a faith, but not the kind that saves. If a person has true faith in Jesus, the Holy Ghost dwells in him and will cause good works will show forth in his life. The good works confirm the faith by which the person was saved. James 2:21-23 uses Abraham as an example. Abraham believed God so when God asked him to sacrifice his son Isaac, Abraham, out of his faith in God, offered up Isaac.

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CATHOLIC TRADITION – The church is founded on Peter.

WHAT THE BIBLE SAYS – Jesus Christ is the foundation of the church. Peter was a man like you and me. Jesus called Peter Satan in Matthew 16:23 when Peter rebuked Jesus dying. When Cornelius tried to worship Peter, Peter responded, “Stand up; I myself also am a man.” (Acts 10:26). The pope needs to remember Acts 10:26 when he has men bowing to him and kissing his hand like he is worthy of worship.

1 Corinthians
3:11 For other foundation can no man lay than that is laid, which is Jesus Christ.
Matthew
21:42 Jesus saith unto them, Did ye never read in the scriptures, The stone which the builders rejected [Jesus], the same is become the head of the corner: this is the Lord’s doing, and it is marvellous in our eyes?

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CATHOLIC TRADITION – Confessing sins to a priest. Petitioning saints and Mary.

WHAT THE BIBLE SAYS – We are to confess our sins and needs to God alone.

I John
1:9 If we confess our sins, he [God] is faithful and just to forgive us our sins, and to cleanse us from all unrighteousness.
Matthew
6:9, 12 After this manner…pray ye: Our Father… forgive us….

1 Timothy
2:5 For there is one God, and one mediator between God and men, the man Christ Jesus [not Mary, not saints, not priests, not the pope];

I John 2:1, …And if any man sin, we have an advocate with the Father, Jesus Christ the righteous.

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There are many other scriptures that could have been used here to testify against the doctrines of the catholic religion. There are also many other doctrines of the catholic religion which could have been refuted (e.g. the sacraments, receiving the Holy Ghost, salvation through the catholic religion, penance, rosary, etc.).

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The Catholic religion has a history of taking the money of poor widows in order to say masses for the dead (which do no good) and collecting the material possessions of nuns. In Italy, the heart of Roman Catholicism, there is an often used saying that goes, “Without money, they don’t sing the mass.” That is really pitiful on several fronts–1) mass is blasphemous and people who trust in it are hell-bound 2) there’s no such thing as purgatory and 3) the gift of God is without price.

Roman Catholicism today is probably the wealthiest government in the world. It owns a good share of America’s hospitals and has healthy real estate interests. The bottom line is, if you want to get right with God, you have to go through His Son, Jesus Christ, not some religious organization. Prayerfully, Tracy.

http://www.jesus-is-lord.com/cath.htm