The First American Jubilee Year

In ancient times, in Israel, they would have what is referred to as a Jubilee year. It was the year after seven, sets of seven years. The seventh day to the Israelites was a Holy day, their Sabbath, in which no labor was performed. In a like manner, they would have a sabbatical year every seventh year in the which all the fields were left fallow. After 7 of these sabbatical years, or after 49 years, they would have a Jubilee year in which all land was returned to its original owners or their heirs and all slaves were set free.

So in light of the financial problems that we are facing in America currently, I am declaring this an American Jubilee Year...which in our case means...all debts will be forgiven starting now. Therefore, everyone now owns their homes free and clear, all credit card and bank debts are forgiven, companies no longer have to pay back any of their debts, car debts are gone, government debt is gone, school loans are gone...we are all starting at zero with what ever possessions we have.

To some who had many debts, this will seem wonderful, to others who had few debts, this will seem unfair. I want all of us to look at this from the perspective that even if you don't benefit from it as much as someone else, you still probably benefit from it somewhat, and if you don't, it will still benefit you because it benefits the whole. I also ask all those who gain much by this Jubilee to please look around you and try to find some whose lives you might bless through your consequential kindness.

From today forward, lets all steer clear of debt as much as possible. We should be trying to practice delayed gratification, and save for most things before hand, and then buy them only when we have saved the needed money to be able to purchase them outright. There will still be some need for borrowing for large expenses but lets try and keep our debt minimal and manageable.

HaPPy JuBilEE,

The King