Monday, June 14, 2010

"You can take it to the bank!"

Last week Federal regulators shut down the 82nd bank of the year—surpassing last year’s 37 bank closures (by this time), already a record! Most of us don’t agonize over bank closures. We believe in their solvency & reliability—the backbone of the free market! And why shouldn’t we, when up to $250,000 of our money is insured by the FDIC in case of fraud or failure? We use the expression: “You can take it to the bank!”

“Take it to the bank” means something is absolutely and verifiably true”—originally a reference to bank checks that could certifiably be cashed in at the bank—“you could bank on it [the check].”

Now, the heretofore impossibility of an unreliable bank system seems more real than ever before. [You know where I am going with this, don’t you!] In fact, has there ever been a time when you could ‘bank on’ any earthly deposit? Everything on earth is destined for destruction. There’s only ONE bank guaranteed not to crash and burn. Only ONE account you can really bank on!

Most of us probably make less than 3 or 4 deposits a month at our local bank. But if we are not making daily deposits into our divine account (treasures in heaven), we’re likely headed for a bank failure—nothing in our account when we need it. And you can take that to the bank!

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