Quote Originally Posted by rhonda15 View Post
An intriguing idea I came across on another forum:

Forgive all debts

What do you guys think if they were just to forgive everyone's debts. No mortgage, no car payment, and no credit cards to pay for. I think that could really help our economy. Think about all the cars that people could go out and buy, therefore helping our infrastructure. People that need work done on their house could now afford to do so.

There have been many cultures in the past that have done this. What do you guys think about this. Crticisim is welcome. What are the problems with doing this? What are some of the advantages?

Even the bible has an opinion on this
The forgiving of 'debts', public and private was commanded in the Bible. It is called the Fifty Year Jubilee. For His documention, you will locate it in Leviticus 25 vrs 10-17. But hey, since when has mankind done anything God's way?

Rhonda - It's a lovely idea but you might see from the reaction on this site why it can never happen.
A lot of people judge their own benefit in relation to the benefit that others will get. Hence they feel that despite them getting their mortgage paid off and continuing (even improving) in the lifestyle they are used to they would rather stay in the gutter than see someone else benefit more than them.
It is begrudgery and part of the human condition.