Tag Archives: Wall Street

When Symbolism Serves as a Facade to Hide a Lack of Substance

During Bill Clinton’s eight years as president of the United States, the phrase “Symbolism over Substance” was made popular by Rush Limbaugh. Using his weekly radio talk show as a forum, Limbaugh daily illustrated that the political and economic world are driven much more by image than by content. In a 2006 article written by Craig Smith, the Swiss America CEO uses a past public relations campaign to prove his point. Symbolism over substance was behind the mass medias attempt to convince America that a rally on Wall Street is right around the corner.

You see that a man is justified (pronounced righteous before God) through what he does and not alone through faith [through works of obedience as well as by what he believes], James 2:24.

In the past few years, a new form of symbolism over substance is taking center stage, the Woke Movement. “Woke” indicates a healthy paranoia, especially about issues of racial and political justice. The leaders of this movement use current events as a form of ambulance chasing to score political points in the media. Several democratic candidates running for president went on apology tours to confess past political decisions to convey their degree of woke-ness. Hollywood actors and actresses have joined in, serving vegan meals at this year’s Oscars to illustrate their concern about climate change.

For as the human body apart from the spirit is lifeless, so faith apart from [its] works of obedience is also dead, James 2:26.

Def Leppard released their song Action Not Words in 1983. While the album title Pyromania and lyrics send the wrong message about action, most human beings prefer action, not empty words. This mentality leads to an inner desire, “don’t tell me, show me.” In the passage above, Jesus’ earthly brother writes about faith’s role in fulfilling what you believe. According to James, when you fail to live out faith via works of obedience, faith is dead. Thus, symbolic acts like going to church serve as a façade to hide a lack of spiritual substance. May this blog inspire you to become more than just woke. May the power of the Holy Spirit awaken your soul so that your faith becomes alive.

by Jay Mankus

The Enough Syndrome

Whether its the persistent increase of consumer prices or decline in the purchasing power of the dollar, most families and individuals understand how difficult it is to get ahead in this financial climate.  The majority fluctuate between not enough and just enough, making sacrifices to break even monthly.  Meanwhile, the blessed, talented and wealthy are fortunate to experience a more than enough income, reaching a place of security few can comprehend.

In everything I did, I showed you that by this kind of hard work we must help the weak, remembering the words the Lord Jesus himself said: ‘It is more blessed to give than to receive.’ ” – Acts 20:35

Prior to the bursting of the dot.com bubble on Wall Street, my wife and I made investments in two of the highest earning mutual funds in the world.  Thinking these were going to continue to rise in value and not wanting to pay the taxes for selling them, we elected to put less money down on our first house instead of cashing out to pay for our home in full.  This decision made sense until 2001 when the market tanked, flushing 60,000 dollars in paper money down the toilet.  Ever since this day, I know the anguish of the “Enough Syndrome,” living under the curse of not enough.

But remember the Lord your God, for it is he who gives you the ability to produce wealth, and so confirms his covenant, which he swore to your ancestors, as it is today. – Deuteronomy 8:18

From a spiritual perspective, the Jews were led by God through 3 similar phases in life.  During 400 years of slavery in Egypt, not enough was par for the course, an accepted way of life.  Upon their departure, able to pillage Egypt following the plague of the First Born, Israel spent 40 years in the Wilderness, graduating up to a just enough status as God provided manna, quail and water to meet their daily needs.  Finally, the promise of a land filled with milk and honey was fulfilled, giving birth to a generation who tasted more than enough.

But seek first his kingdom and his righteousness, and all these things will be given to you as well.  Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own. – Matthew 6:33-34

Wherever you may be on this financial spectrum, remember the words of Job 1:21, “the Lord gives and takes away.”  Through the good times and the bad, there is a lesson to be learned.  At the end of each day, try to find and reflect on the positive things in your life, Philippians 4:8-9.  No matter how hard it may be, trust in the Lord to help you move from the months of not enough to years of more than enough!

by Jay Mankus

It’s a Tough World Out There

As I listen to the media’s so called experts, I have a hard time believing what they are trying to sell.  Reports of economic recovery, declining unemployment and a Stock Market’s all time high seem misleading.  As I try to slow down to observe the culture around, citizens are conveying a different story.

While driving in my car, a day usually doesn’t go by without seeing at least one homeless person at an intersection with a cardboard sign: will work for food.  The retired are coming out of retirement not because they want to, but out of necessity after their pension, 401K or both have disappeared.  Meanwhile, former students who are now college graduates are beginning to consider grad school since the jobs in their fields either aren’t hiring or don’t pay enough to make a better life.

I doesn’t take a PHD to recognize it’s a tough world out there.  Individuals are struggling to find a place to call home.  Others are downgrading their expectations, wondering if they will ever find a good paying job again.  Despite these circumstances, it’s time to put on your big boys pants, buckle up your chin strap and fight hard to the finish.  Whether you taste success or failure, remember that each day on earth is a gift from God.

by Jay Mankus