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AC Bible Corr Course Lesson 54 (1969)

AC Bible Corr Course Lesson 54 (1969)

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Published by: Tim Kitchen on Jun 30, 2012
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CORRESPONDENCECOURSE
InGodWeTrust?
LESSON54
 
2
AmbassadorCollegeCorrespondenceCourse
Wlat-our
STUDENTSSAY
DiscardsPreviousCourse
"IwouldliketothankallofthepeoplewhoworktomakeuptheCorrespondenceCourse.ItookaBiblecoursebeforeIlearnedofyourwork.IreceivedacertificatewhenIfinishedit-butitdidn'tbegintocomparewithyourlessons.IdiscardedthewholethingwhenIstartedyourcourse."-Mrs.F.
B.,
OklahomaCity,Oklahoma
ChurchHistory
"IwouldliketoaddmycommentofsincereappreciationforLessons49,50,51oftheCorrespondenceCourse.TheselessonsmakeChurchhistorycometo'life'forus,andgiveusfoodforthoughtconcerningthePhila-delphiaandLaodiceanEras.WethepeoplethatarescatteredworldwideappreciateeveryeffortthatisputforthineveryundertakingattheAmbassadorColleges."-Mrs.F.M.,Cornelia,Georgia"IreceivedmyLesson52.TheCoursebe-comesmoreexcitingwitheachlesson.It'ssowonderfultohavethosewhoresearchandwritetheselessonsforwenevercouldhavehadtheunderstandingofthedifferenterasofGod'sWorkotherwise.It'scertainlyagreatblessingtous,andwethankGodformakingitpossible."-FrankF.,Salem,Oregon
PrayerandFasting
"JustafewlinestothankyouforalltheseCorrespondenceCourselessons-andespeciallyforlessons45,46,47and48thatexplainaboutprayerandfastingsoclearly.InevergotmuchschoolinganditwassometimeagothatIstartedtoaskGodtoteachmehowtoprayandwhattoprayfor.GodmusthaveansweredmyprayersforitwasnotlongafterthatIbegantoreceivetheselessonsonprayer.Thishasneverbeenexplainedinanyofthechurchestoday.MayGodblessyouinyourworkofservingGod.IhavelearnedsomuchandtheyhavebeenagreathelptomeinunderstandingwhattheBibleteaches."-Man,Saskatchewan,Canada
lesson54AMBASSADORCOLLEGECORRESPONDENCECOURSE
LESSON54
PublishedatPasadena,California;Watford,England;andNorthSydney,Australia,byAmbassadorCollege.FrenchandGermaneditionspublishedatPasadena,California.SpanisheditionpublishedatBigSandy,Texas.
©
1969AmbassadorCollegeAllRightsReserved
EDITOR
HERBERT
W.
ARMSTRONG
EXECUTIVEEDITOR
GarnerTedArmstrong
MANAGINGEDITOR
RichardH.Sedliacik
StaffWriters
LawsonC.BriggsWilliamF.Dankenbring
EditorialAssistant
George
1.
Johnson
ArtStaff
ArthurFerdigWilliamS.SchulerBasilWolverton
CirculationManager
EdwardC.KleierYOURENROLLMENThasbeenpaidbyothers.Bulkcopiesfordistributionnotgivenorsold.ADDRESSCOMMUNICATIONStotheEditoratthenearestaddressbelow:UnitedStates:P.O.Box111,Pasadena,California91109.Canada:P.O.Box44,StationA,Vancouver1,B.C.UnitedKingdomandEurope:P.O.Box111,St.Albans,Herts.,England.SouthAfrica:P.O.Box1060,Johannesburg,Transvaal,R.S.A.AustraliaandSoutheastAsia:P.O.Box345,NorthSydney,NSW2060,Australia.NewZealand:P.O.Box2709,Auckland
1.
ThePhilippines:P.O.Box1111,Makati,RizalD-708.LatinAmerica:ApartadoPostal5-595,Mexico5,D.F.NOTICE:BesuretonotifytheCorrespondenceCourseDepartmentimmediatelyofanychangeinyouraddress.Pleaseincludebotholdandnewaddress.
Important!
Nothingintriguestheaveragepersonmorethanmoney-somethingmosthavetoolittleof-orsotheythink.Peoplelovemoney,cravemoney-even
worship
money!Millionshavemadetheacquisitionofmoremoneytheirgoalinlife-assumingitwillresultintruehappiness.Thislessonexposesthefollyofsuchreasoning,andshowswhymillionsintheaffluentWesternWorld
suffer
fromseriousmoneyproblems.
H.
Armstrong
Roberts
 
WHYMILLIONSAREINDEBT
High
taxes,
runawayinflation,
andsurging
DEBT
rob
mil-
lionsofpeaceofmind-createworryandfinancialanxiety.But
it
isallsoneedlessl
This
firstofathree-part
seriesrevealsthe
often
overlooked
andlittleunderstoodfACTSaboutfINANCES-
explainingWHY
millionsareinfinancialtroubletoday.
"CHARGEIT!"hasbecomethefavoritephraseofmillionsintheWesternworld.Today'sglitteringworldofluxuryisavailableoncredit-andavailable
immediately.
Whateveryoudesirecanbeyours-rightNOW!
If
youaretheaverageAmerican,BritonorAustralian,thechancesareyouare
headoverheelsin
DEBT!Youaremakingpaymentsonyourhome,yourfurniture,automobile,yourhouse-holdappliances-maybeevenyourclothing.But-isit
worththeprice?
FalseProsperity
NeverhastherebeenaricherormoreaffluentsocietythanintheWesternnationstoday.Andyetneverhastherebeenatimewhenmorepeoplefeltafflictedbythelackorthemisuseofmoney.Today'sgeneration,unlikepastgenerations,hasnotbeenbroughtupontheaxiomthatdebtisadanger,andthattobeindebtcarriessome-whatofastigma.Intimespast,theconceptwasthatyousavedyourmoneyuntilyoucouldpaycashforwhatyoubought.Butintoday'ssociety,theunderlyingconceptisthatyoushouldenjoyTODAYwhatyouhopetopayfor
tomorrow.
Thatis,
IF
youarestillemployedand
able
topay-tomorrow!Whilemillionsareheedlesslyplungingdeeperanddeeperintodebt,tensofthousandsarealreadyhopelesslyindebt.Theyhaveover-obligatedtheirincomes.Theysimplycan'tmeetthepaymentsanymore.Morethan191,000individualAmericans,andthousandsofbusinesses,filedforbank-ruptcyin1967.That'sover500peopleeverysingleday.Andtriplethefigureoftenyearsago.Thegrowingbankruptcyproblemisapartofthemoralandspiritualdecayofourtime.Manydon'tcareiftheycan'tpay!"Sowhat?"istheattitudeofthousands."Thestigmaattachedtopersonalbankruptcyinthepasthasallbutfadedinthemindsofmany,"saysAlfredHackbarth,oftheNationalFoundationForConsumerCredit.
"Thereisabreakdowninpersonalresponsibility."
Suchirresponsibilityisactuallystealing-defraudingandtakingadvantageoftheircredi-torswhoexpectedthemtorepayinfull.
TheCurseofHighTaxes
Governments,too,arespendingbeyondtbeirmeans-andare
alsoheadedtowardbank-ruptcy!
Thesameirresponsiblebehaviorisdis-playedingovernment'ssky-hightaxesandseem-ingly
unlimited
debt"limits."It'sarareoccur-rencetodaywhenanygovernment-beitfederal,stateorlocal-canbalanceitsbudget.Welfare,povertyprograms,socialsecurityandthelikeneedincreasinglylargersums.Waranddefensespendingtakeupto50%ofallavailableincome.Asaresultgovernmentsbor-rowandborrow.Andtaxratesgoupandup.Alreadyinheritancetaxestakeupto80%ofthepropertyleftatdeath.
If
youareamillionaire,yourincometaxmayapproach50%ofyourincome-orevenmoreinsomecountries.Andwouldyoubelieve-ataxthattakes
morethan
ALL!Suchatax-136%inthetopbracket-wasproposedbytheBritishgovern-mentin1968onincomefrominvestmentsinadesperateattempttobalanceitsunwieldybudget.Now
that's
atax!Governingbodiesarediligentlyseeking
new
formsoftaxation,whileyou-theaveragecitizen-mustalreadyworkfrom
threetofive
hoursoutofeightjusttopaythetaxes-manyofwhichare"hidden."WHY?Whysomuchpersonaldebt?Whydogovernmentsoftenoperate"intheRED"?Whysky-hightaxes?Isthereasolution?Whatistheanswer?

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