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<a style="font-family:Trebuchet MS, Arial, sans-serif;font-size:18px;" href="http://feeds.feedburner.com/~r/Aspaqlaria/~3/437109152/finance-bitachon-ii.shtml">More on Finance and Bitachon</a>
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<span>Posted:</span> 30 Oct 2008 12:02 PM CDT</p>
<div style="margin:0;font-family:Times New Roman, Times, serif;line-height:140%;font-size:12px;color:#000000;"><p>In <a title="Aspaqlaria: Lehman and Bitachon" href="http://www.aishdas.org/asp/2008/09/lehman.shtm">an earlier post</a>, I mentioned R’ Elchanan Wasserman’s essay on the Great Depression. ) Despite the past couple of days looking promising, it is still too early to rest comfortably. The markets are still volatile, meaning there is too much uncertainty. A 10% one day jump isn’t meaningful — people’s opinion of what the typical US company is worth didn’t increase by 10% in one day. People are still lost, and looking for what things should be valued. I recommend watching the <a title="Yahoo Finance: ^VIX" href="http://finance.yahoo.com/q/bc?s=^VIX" target="_blank">VIX</a>, a measure of the volatility of the S&P 500 as implies by options on it traded at CBOE. Until it goes back down to usual levels, people still aren’t really operating on their usual levels of trust, and it ain’t over yet.</p>
<p>As Rav Elchanan wrote, it’s all about trust. No actual wealth was lost in the Great Depression, and none now. What was lost was a false belief in wealth that didn’t really exist. The lesson of a depression, he writes is “אַל־תִּבְטְח֥וּ בִנְדִיבִ֑ים בְּבֶן־אָדָ֓ם ׀ שֶׁ֤אֵ֖ין ל֥וֹ תְשׁוּעָֽה׃ … אַשְׁרֵ֗י שֶׁ֤אֵ֣-ל יַֽעֲקֹ֣ב בְּעֶזְר֑וֹ שִׂ֝בְר֗וֹ עַל־ה’ אֱ-לֹהָֽיו׃ — Do not rely on generous people, in humans who have no salvation… Enriched is he whose help is the G-d of Yaakov, whose dependency is on Hashem his G-d.” (Tehillim 146:3, 5) And, “ט֗וֹב לַֽחֲס֥וֹת בַּ֑ה’ מִ֝בְּטֹ֗חַ בָּֽאָדָֽם׃ ט֗וֹב לַֽחֲס֥וֹת בַּ֑ה’ מִ֝בְּטֹ֗חַ בִּנְדִיבִֽים׃ — Better to rely on G-d than to rely on man. Better to rely on G-d than to rely on generous people.” (118:8-9, and said in Hallel, such as on this morning, Roch Chodesh).</p>
<p>Perhaps a key to getting through this is to say the following words of<br />
<em>bentch</em>ing and think about what one is saying:</p>
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<td><span lang="HE-IL">וְנָא אַל תַּצְרִיכֵנוּ</span></td>
<td dir="ltr">And Please, do not make us require,</td>
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<td><span lang="HE-EL">ה’ אֱ-לֹ</span>ה<span lang="HE-IL">ֵינוּ</span></td>
<td dir="ltr">Hashem our G-d,</td>
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<td dir="rtl"><span lang="HE-IL">לֹא לִידֵי</span><span lang="HE-IL"> </span><span lang="HE-IL">מַתְּנַת בָּשָׂר וָדָם</span></td>
<td dir="ltr">not the power of the the gifts of flesh and blood</td>
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<td dir="rtl"><span lang="HE-IL">וְלֹא לִיֵדי הַלְוַאָתָם</span></td>
<td dir="ltr">nor <strong>the power of their loans</strong>,</td>
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<td dir="rtl"><span lang="HE-IL">כִּי אִם</span></td>
<td dir="ltr">rather only</td>
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<td dir="rtl"><span lang="HE-IL">לְיָדְךָ</span></td>
<td dir="ltr">Your Power (lit: “Hand”)</td>
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<td dir="rtl"><span lang="HE-IL">הַמְּלֵאָה</span></td>
<td dir="ltr">Which is full,</td>
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<td dir="rtl"><span lang="HE-IL">הַפְתוּחָה</span></td>
<td dir="ltr">open,</td>
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<td dir="rtl"><span lang="HE-IL">הַקְּדוֹשָׁה</span></td>
<td dir="ltr">holy,</td>
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<td dir="rtl"><span lang="HE-IL">וְהָרְחָבָה</span></td>
<td dir="ltr">and broad.</td>
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<td dir="rtl"><span lang="HE-IL">שֶׁלֹּא נֵבוֹשׁ וְלֹא נִכָּלֵם</span></td>
<td dir="ltr">So that we will not be shamed, and we will not be extinguished</td>
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<td dir="rtl"><span lang="HE-IL">לְעוֹלָם וָעֶד</span><span dir="ltr">.</span></td>
<td dir="ltr">until the end of time.</td>
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<p>Notice we asked to be freed from “the power” or authority — literally, the “hand” — of people’s loans. Not the loans themselves. Having a loan and trusting in Hashem to have the means to repay it is very different than being under the control of the loan.</p>
<p>And in that is all the difference.</p><div class="feedflare">
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