Q. How would you explain James 5? Recently I heard a preacher on T.V. claim that this passage explains how the coming kingdom in Jerusalem is going to be financed. Any truth to this teaching?
1* ? Come now, you rich, weep and howl for your miseries which are coming upon you. 2* Your riches have rotted and your garments have become moth-eaten. 3* Your gold and your silver have rusted; and their rust will be a witness against you and will consume your flesh like fire. It is in the last days that you have stored up your treasure! 4* Behold, the pay of the laborers who mowed your fields, and which has been withheld by you, cries out against you; and the outcry of those who did the harvesting has reached the ears of the Lord of Sabbath. 5* You have lived luxuriously on the earth and led a life of wanton pleasure; you have fattened your hearts in a day of slaughter. 6* You have condemned and put to death the righteous man; he does not resist you. 7* Therefore be patient, brethren, until the coming of the Lord. The farmer waits for the precious produce of the soil, being patient about it, until it gets the early and late rains. 8* You too be patient; strengthen your hearts, for the coming of the Lord is near. 9* Do not complain, brethren, against one another, so that you yourselves may not be judged; behold, the Judge is standing right at the door. 10* As an example, brethren, of suffering and patience, take the prophets who spoke in the name of the Lord. 11* We count those blessed who endured. You have heard of the endurance of Job and have seen the outcome of the Lord's dealings, that the Lord is full of compassion and is merciful.
See the notes "Millennial Madness" at this site for a comprehensive look at the doctrine of Premillennialism. This passage is not a reference to the method of financing for the Kingdom.