Oct 20, 2011

Bishop Eddie Long of New Birth Missionary Baptist Church was named in an investment scam lawsuit after ten of his parishoners lost over a million dollars after investing in a company Long endorsed.

Now honestly I feel for the people that lost money, but I don't know if I agree with this lawsuit. Maybe it's just me, but I don't go to my minister for financial advice just like I don't go to my financial advisor for spiritual advice. I just don't understand why no one thought to do any kind of research of their own when it came to investing their hard earned money into something. Yes, God gave you a spiritual leader, but he/she also gave you a spirit of discernment. Don't get me wrong, I realize people are taken advantage of every day, but we are talking about people who had at least $100K apiece to invest. Are you seriously telling me these people didn't have time to do a little research into what they were putting their money into? Yes, Long was wrong for endorsing something he obviously knew nothing about, but the victims were also wrong for not doing some research before they invested their money. Regardless of what someone tells you, I always believe it best to go and research it for yourself or find an independent source. Just because a person is a minister does not make his/her word Gospel.

I guess you can see I'm on my cynical kick again.


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