The Government Cannot Take Over My Bank
Volume IX ~ Issue XXIX ~ April 12th, 2009
By: Brian A. Yeager
(To open this article in PDF - Click here)

I suppose most of us who bank with Bank of America or Citibank have seen past reports about the federal government taking over these banks. Maybe you are concerned. I bank with Bank of America and I don’t care one bit what happens. I am writing this article in advance, so by the time you read it maybe something has happened or maybe nothing has changed. The goal of this article is to help us through such worries as the financial crisis we see in the United States today.

You see, if our treasures are on earth, then we have a lot of reasons to be concerned right now. However, if we’ve listened to our Lord, then we have little to be concerned about. Why? Jesus has already told us what happens to treasures upon this earth. In fact, He used such facts to motivate us to invest our treasures in spiritual securities. Notice:
“Lay not up for yourselves treasures upon earth, where moth and rust doth corrupt, and where thieves break through and steal: But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal: For where your treasure is, there will your heart be also” (Matthew 6:19-21).

As a faithful child of God, I realize that what matters most to me cannot be taken by men from me (Matthew 10:28 and John 10:27-29). I know that the foundations of our economy may very well crumble, but the foundation of God stands sure (II Timothy 2:19). I know that my physical body can crumble, but I have a building of God, an house not made with hands, eternal in the heavens (II Corinthians 5:1). So, how badly can Barak Obama really ruin your life?

For Christians, we understand that we cannot worry about tomorrow. In fact, we are commanded not to worry about these things (Matthew 6:25-34). Therefore, if we are worried about these matters, we are violating the words of Christ. That means we have sinned (I John 3:4)! We cannot lack faith in God and His word. Worrying is a side effect of doubt. We don’t need to worry.

We Have No Cause For Worry

So, you’re invested in heavenly things and you have faith in God’s counsel not to worry. As you look around and you see the world in a panic, there still seems to be a gut reaction because of our carnal instincts. What then? Well, we must continue to remember that things work out for God’s children (Romans 8:28; 31-39). There are some great Scriptures that help us to realize we have no cause for worry. Consider the following:
“O fear the LORD, ye his saints: for there is no want to them that fear him. The young lions do lack, and suffer hunger: but they that seek the LORD shall not want any good thing… I have been young, and now am old; yet have I not seen the righteous forsaken, nor his seed begging bread… And he said unto them, When I sent you without purse, and scrip, and shoes, lacked ye any thing? And they said, Nothing… Let your conversation be without covetousness; and be content with such things as ye have: for he hath said, I will never leave thee, nor forsake thee. So that we may boldly say, The Lord is my helper, and I will not fear what man shall do unto me… For the eyes of the Lord are over the righteous, and his ears are open unto their prayers: but the face of the Lord is against them that do evil” (Psalms 34:9-10; 37:25, Luke 22:35, Hebrews 13:5-6, and I Peter 3:12). Brethren, if God is on our side we have no cause for worry! However, if you are of a doubtful mind, you have plenty to worry about.

Those Of A Doubtful Mind

As I write this article Fox News reported today (2/27/2009) the following headline: “Economy posts 6.2 percent loss in fourth quarter
as U.S. plunges further into recession”. Fox is also reporting that Fannie Mae is seeking more money (15.2 billion dollars) in aid. It is doom and gloom all over the news. I have been sick all week and have listened to this garbage over and over again. If I were of a doubting mind, I would be out digging a ditch in the ground and burying water for the end of the world as we know it (not the Judgment Day) seems near. However, I am one of faith. I am not concerned. I cannot change one thing going on, but I don’t have to let it ruin my day. Yet, I know of a few who are concerned. These are the doubters.

Jesus commanded the disciples saying:
“And seek not ye what ye shall eat, or what ye shall drink, neither be ye of doubtful mind (Luke 12:29). Paul later wrote: “I will therefore that men pray every where, lifting up holy hands, without wrath and doubting(I Timothy 2:8). From the pen of James we read: “A double minded man is unstable in all his ways… Draw nigh to God, and he will draw nigh to you. Cleanse your hands, ye sinners; and purify your hearts, ye double minded” (James 1:8; 4:8). “Doubting Thomas” was commanded, “be not faithless, but believing” (John 20:27). Doubt is sinful. Stop it if you are engaging in it.

It doesn’t matter how bad the news makes things out to be or had bad they really are, we are a people of faith. Our faith should not be in the stock market, gold prices, IRA’s, banking institutions, the government, or any other(s) of this world. You can KNOW that all investments here on earth are not sound investments (Luke 12:16-21; 31-34). So, do not be shocked if your 401k fails you. Do not be surprised if your bank is taken over by thieves (i.e. the government). If you want to be a doubtful person, make sure your doubt is in man rather than God (Psalms 118:8).


Truly, it is a great day to be a faithful child of God. We know that what we have worked long and hard for is safe in the hands of the Almighty (I Timothy 4:10, I Timothy 6:17, II Timothy 4:6-8, and Hebrews 6:10). Watch those who are not of the faith. See that their whole world is crumbling right now. They are worried about their home values and investments. On the other hand, we should know that our home is eternal and will never lose value (John 14:1-3). Our faith, in times like these, should be a beacon of light to those who are watching the government take over their banks (Matthew 5:14-16)!