Debt is rather distinct and different from that which is used to fulfill (discharge) monetary liability. I'm not sure people really get how things might work. Consider the corporate Purchase Order system.
1 - The seller charges or taxes the buyer.
2 - The buyer agrees that the goods or services have value and that the debt is valid (the Purchase Order is evidence of the buyer's sound mind and lack of argumentativeness and also formalizes the indebtedness of the buyer).
3 - Through some means or another the buyer discharges the debt (i.e. fulfills the monetary liability).
Consider the scenario of Q going into the grocery store, grabbing a gallon of milk and walking out of the door without paying for it. He will have disagreed with his adversary as to the milk having any value, he will be arguing/protesting the tax(es). Consider Z writing a bad check at the register for the same, in Mo. the Bad Check and Delinquent Tax Unit are the same.
In certain monetary systems, its important to firm up the debt IN WRITING and especially to get it in writing that the current owner and seller is willing to accept dollars in exchange for conveying the service, goods or the like. That is why corporate/business purchasing systems are so complex they are designed to firm up the entire process. Credit cards companies and their merchant clients do this all for you at the register so you don't get arrested by the time you hit the door.
So many "Christians" seem to think God isn't in charge anymore. But, reviewing the above and that which follows here:
Quote:
Agree with thine adversary quickly, whiles thou art in the way with him; lest at any time the adversary deliver thee to the judge, and the judge deliver thee to the officer, and thou be cast into prison. Matthew 5:25 KJV
Hint: cops are types of magistrates. Here's your retail confessional complete with a cleric--I mean uhh...clerk.Quote:
But if we confess our sins to him, he is faithful and just to forgive us our sins and to cleanse us from all wickedness.
1 John 1:9
Attachment 3100
While an Ox is working, why obstruct if from enjoying itself? Likewise, if a man makes something or provides a service, obstruct not payment.Quote:
..."An ox treading out thou shalt not muzzle,' and `Worthy [is] the workman of his reward." Timothy 5:18 (YLT)
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As for the public debt, that seems to represent unbonded or undischarged monetary liability. The U.S. federal deficit results, for example, when the U.S. government spends more than what is bonded for by Congress.
Attachment 3101
Source: August 2015 - Monthly Treasury Statement (Bureau of the Fiscal Service, U.S. Department of the Treasury)
Attachment 3102
Source: August 2015 - Monthly Treasury Statement (Bureau of the Fiscal Service, U.S. Department of the Treasury)
Notice the difference between the amounts received and the total expenditures for the month = the month's deficit (i.e. there is no matching discharge or countercharge for it).