Showing posts with label debt-ceiling. Show all posts
Showing posts with label debt-ceiling. Show all posts

Thursday, August 4, 2011

day 704: Debts

"Pay all your debts, except the debt of love for others. You can never finish paying that! If you love your neighbor, you will fulfill all the requirements of God's law."

Business cares about the amount of debt that carried on the balance sheet. When debt gets too high, we can't borrow, or if we try and borrow, it will be very expensive. Companies that can grow their business without incurring debt remain more nimble and have greater leverage. Although some companies carry debt for the ability to invest, or move quickly, it is probably fair to say that most companies would prefer to be debt-free, or as close to debt-free as possible. As we have heard a lot about in the past few months, the argument we have seen about debt and debt ceilings is a controversial and inflammatory subject. Without debt, there would be no reason to have the fight. Without debt, there would not be the worries, the anxiety, or the concerns. So, as we think about how we grow our businesses, consider whether or not debt can be avoided or quickly paid down.

God tells us that that we should pay what we owe and pay all of our debts, except for one. That is the debt of love that we owe to others. We can't ever pay that off? And why not, we may ask? Because the love that God shed for us is more than we could ever expect to receive and to honor Him we must carry His love into the world. So, as we think about what we owe, know that we owe to other to provide them the love that is the love of Jesus Christ and we are to share and give that love to them freely. Is there someone at work today who needs some love and won't receive any, unless it is us who step forward? Let's do what is owed of us and be glad that this is one debt that we do carry.

Reference: Romans 13:7 (New Living Testament)

Monday, August 1, 2011

day 701: Weighing Our Responses

"Why are you so angry?, the Lord asked him. 'Why do you look so dejected? You will be accepted if you respond in the right way. But if you refuse to respond correctly, then watch out! Sin is waiting to attack and destroy you, and you must subdue it."

I have watched with great intrigue the discussions and debate over the U.S. debt-ceiling. The back and forth and the rhetoric in itself is educational (and sometimes saddening). What is most fascinating to me is how people respond from one situation to another and the importance of even one word as part of a response and how that can reinforce or change the tone of an entire discussion or debate. The same is true in business and as we have all learned, what a CEO says about a company when they are in distress can make the difference between recovery and failure. Carry this inside of the company and how a manager or team leader responds to a challenge, a question, or a problem can become the linchpin for what happens next, good or bad. We need to be sure that we are thoughtful in our responses and do the best we can to think ahead and weigh out the implications of how we respond. Being on the hot seat is not easy work, but weighing the response before we say it is something that we should always be doing.

Cain was challenged by God and God put forth correction and direction to him about how important it is for us weigh our responses before we make them. God gives us the alternative of making the right response, which are the ones that align with His teaching and Word, or taking the alternative path and allowing ourselves to be weighted with sin. When we consider that we have the assurance of being accepted when we do choose the right response, then that should tell us all we need. Today, we each will be faced with tens, if not hundreds, of times that we must respond. Let's pray into this day, and week, that when we weigh our responses, that we weight them to the way of the Lord.

Reference: Genesis 4:6-7 (New Living Testament)