When you  are flipping around the dial( no more dials Mike) of the TV you must pause like me . You do right? You watch a little of the Preachers talking about gifts. Over the Holidays one of my sons turned me on to this article in the Atlantic. Now you get turned on too. It’s about Prosperity Preaching , it’s an eye opener.

“America’s mainstream religious denominations used to teach the faithful that they would be rewarded in the afterlife. But over the past generation, a different strain of Christian faith has proliferated—one that promises to make believers rich in the here and now. Known as the prosperity gospel, and claiming tens of millions of adherents, it fosters risk-taking and intense material optimism. It pumped air into the housing bubble. And one year into the worst downturn since the Depression, it’s still going strong.”

“Did  Christianity Cause the Crash?”

Meredith NH Mortgage Firm Closes ( local flavor)

Mike

UPDATE  5/5/10

This  mess in Meredith  is symptomatic of fundamental problems in  NH. This story was  buried,( ok not buried , but hard to find) the last few months and it is not about a poor couple from Kittery losing alot of dough. I have heard several people express the same  scorn reserved for  Madoff’s victims. “They should have known better”  and   more  less artful comments. Hateful, really,  that attitude.

This story should be  about the  Church that was getting  50K a month and why the State did  nothing, sat on it’s hands.

This is about  zero oversight  and why gambling is of course out of the question, and why a major probe is necessary.

I hope the investigators are from another State.

The State Securities Commission fellow resigned?

Who belongs  to this Church?Is that an issue?

Mike