Seeking Alpha

Bonner & Partners'  Instablog

Bonner & Partners
Send Message
Bill Bonner founded Agora Inc. in 1978. It has grown into one of the largest independent newsletter publishing companies in the world. In 1999, along with Addison Wiggin, Bill founded The Daily Reckoning. Today, this daily e-letter reaches over 500,000 readers around the globe. Bill has also... More
My company:
Bonner & Partners
My blog:
Diary of a Rogue Economist
  • He Is Risen! 0 comments
    Apr 1, 2013 12:04 PM

    We attended Easter Sunday mass at Our Lady of Pilar in Recoleta yesterday. The small church was crowded. Most were dressed casually -- the men in open shirts and slacks, the women in dresses. They were middle-aged, for the most part, and middle-class, but it was hard to tell.

    However, they knew the plot.

    Let us bring you into the picture...

    The smart money, in the year of our Lord 33, was on the Romans and the Pharisees. They were the insiders. They controlled the courts. They had the military budget and the "boots on the ground" that could kick any butt they wanted.

    Then the skinny Jewish guy came into Jerusalem. The crowd loved him. They dropped palm leaves in this path. Here was an underdog; the "king of the Jews," they called him.

    Jesus knew something was up. He had a last supper with his friends, and he turned to Peter.

    "I know I can't trust you," he said... or words to that effect. "You're going to betray me three times before the cock crows."

    Peter flatly denied it. But it was true. Picked up later by the equivalent of the Department of Homeland Security, Peter denied he had anything to do with the troublemaker Jesus.

    So it didn't look good for the maverick Jew. The odds against him rose even higher over the next few days.

    But when he was dragged before the Roman governor, Pontius Pilate, all of a sudden, his stock rose. Pilate saw no reason to prosecute him; he hadn't done anything wrong. For a while, it looked as if he were going to walk.

    But noooo. The local elite came in, guns blazing. They wanted Jesus taken away. He was an "insurgent"; they were sure of it. Did he not claim to be "king of the Jews"? Wasn't that the same as treason? They put him to the test; they would find out if he were really a law-abiding citizen.

    Render Unto Caesar...

    "Shouldn't we all pay our taxes?" they asked. They hoped to trap him, like Senators Graham and McCain trying to get Chuck Hagel to say that "the surge" was a mistake or that the "Jewish lobby" has too much power.

    "Render unto Caesar that which is Caesar's," he told them, tossing a coin with Caesar's picture on it in their direction.

    Pilate wasn't sure what he meant by that. But he didn't care, either. He just didn't want trouble. So he gave the locals a chance.

    "OK, I'm going to nail someone to the cross," he told them. "But I am also going to pardon someone, as it is Passover. You decide who goes free. The thief Barabas... or the pretender, Jesus."

    "Give us Barabas," said the mob.

    At that point, you could have bought all the Jesus stock you wanted... for pennies. No one ever survived crucifixion. It wasn't possible. Unless this was a "new era," Jesus was done for. He was history.

    They drove spikes through his hands and feet and hauled up the cross; he wasn't coming down until he was dead. Even Jesus himself figured he was finished. By the ninth hour on the cross, he had given up hope.

    "Eli, Eli, lama sabachthani?" he cried out.

    And now the skies darkened. Jesus hung his head and breathed his last. If he had been a listed company, trading in his stock would have been suspended. At that point, he had gone "no bid." He was out of business.

    Then they took him down from the cross. They pulled out the nails. And they put the corpse into a hole, with a big stone in front of the opening to prevent dogs from getting to it.

    The End of the Affair?

    The entire affair, at that point, seemed to be over. No more "miracles." Nor more healing. No more talk of loving thy neighbor or everlasting life.

    The disciples, who had given up their careers and families to follow him, were thinking of going back to school... maybe becoming lawyers. A few were going to try to qualify for disability. Others were hoping to return to fishing, farming... or just hanging out in town.

    The next day, Mary Magdalene and some other women went to the tomb. They expected to take out the body and wash it properly. But when they arrived, there was no body there. What had happened to it?

    An angel, dressed in bright white, appeared. He said, "He has risen!" The angel told them to report these facts to the disciples.

    It was about this time that speculation in Christ Inc. began. The company had seemed broke... and finished. Now it was back in business.

    If this "resurrection" thing had any truth at all to it, the stock could go up as high as Apple or Google. It was one thing to give customers a fancy telephone... or a search engine that helped them find out what the Easter story was all about.

    Eternal life was something altogether different. Maybe it would work out. Maybe it wouldn't. But it was worth putting in a few shekels to find out. After all, it could be the biggest hit since... well... bread.

    The disciples ran to see if it were true. On their way to the tomb, Jesus -- in his new, post-real-life form -- met them. They didn't know what to make of him. He was there in flesh and blood... sort of, but not quite.

    "Don't be afraid," he said to them. "I'll meet you in Galilee."

    Jesus did show up at Galilee, as promised. Speculation increased. People could see that the promise of "everlasting life" was not just marketing hype. If Jesus could do it, they reasoned, anybody could.

    Jesus turned to the same Peter who had betrayed him. "You'll be CEO of my new company," he said. "Peter" means "stone" in ancient Greek. Jesus used a little double entendre: "On this rock, I will found my church," he said.

    Shares in the new company rose, off and on, for the next 1,500 years -- peaking only when a breakaway unit, led by Martin Luther of Germany, set up competing companies.

    Today, the church Peter set up still has 1.14 billion members and shareholders and a capitalization (net worth) that is probably in the billions (we found no estimates that appeared authoritative). Not as big as Facebook, but still not bad.

    No one could ever prove or disprove the claim that by joining Christ Inc., you would have eternal life. But most people decided to take the route suggested by the French philosopher Pascal.

    "I don't know if it's true or not," he said, or words to that effect. "But why take a chance? If you're wrong, you don't lose much -- you just give up a few years of naughty behavior. If it turns out to be true, on the other hand, you gain a lot -- an eternity of bliss. You do the math."


    Bill Bonner


    To learn more about Bill visit his Google+ page

Back To Bonner & Partners' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

Latest Comments

Most Commented
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.