Tag Archives: bankcruptcy

Does God Want You to Be Bankrupt?

One of my Google Alerts the other day linked to a New York Times article called Does God Want You to Be Bankrupt? where the reporter quotes N. Elden Tanner. As far as I could find, the author, Ron Leiber is not a Mormon, and so it is interesting that he would quote someone from the Church.

The article is about debt and bankruptcy, and mentions how many churches have doctrine that compares them to slavery. Here is the main quote that mentions the Church:

Still, the notion of enslavement, albeit of the psychological sort, survived to modern times. N. Eldon Tanner, a leader of the Church of Jesus Christ of Latter-day Saints, wrote: “Those who structure their standard of living to allow a little surplus control their circumstances. Those who spend a little more than they earn are controlled by their circumstances. They are in bondage.”