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The Old Covenant Vs The New Covenant

The Abrahamic Covenant was based on belief. We are equal with Abraham because Abraham was made the righteousness of God and we are the righteousness of God. Jesus has made you the righteousness of God by His death, burial and resurrection. He carried your sins faraway as far as the East is from the West. You are a New Covenant believer. Under the New Covenant, Jesus forgave the woman caught in adultery. (John 8:4-11).

In the Old Testament, He “came upon” them; in the New Testament, He lives in us. That’s why Jesus said you shall receive power when the Holy Ghost comes, because the Holy Ghost comes with the power. He’s the power of God.

The Bible says in Acts 10:38, “How God anointed Jesus of Nazareth with the Holy Ghost and with power…”; that’s the same Holy Spirit and power Jesus. It’s the same power, and the same Holy Spirit that Jesus had that we also have today. So, when you have the Holy Spirit, you have all the power you need.  

Luke 1:35 lets us into the dialogue between the angel Gabriel and Mary. The angel said to Mary, “…The Holy Ghost shall come upon thee, and the power of the Highest shall overshadow thee….” Some have read this and ran off with the idea that the Spirit comes into you first, and then His power or anointing comes next, and they’re wrong. The two expressions point to the same thing. The power of the highest overshadowing her is as a result of the Holy Ghost coming upon her.
With the Holy Spirit, you don’t lack any power or ability; He’s your ability. He’s everything you need, and has everything you require to fulfil God’s purpose, and walk in His perfect will for your life.

Colossians 1:26-27 [Even] the mystery which hath been hid from ages and from generations, but now is made manifest to his saints: 27 To whom God would make known what [is] the riches of the glory of this mystery among the Gentiles; which is Christ in you, the hope of glory:
Micah 3:8 But truly I am full of power by the spirit of the LORD, and of judgment, and of might, to declare unto Jacob his transgression, and to Israel his sin.

Isaiah 54:9-10; 9. For this is as the waters of Noah unto me: for as I have sworn that the waters of Noah should no more go over the earth; so have I sworn that I would not be wroth with thee, nor rebuke thee. 10. For the mountains shall depart, and the hills be removed; but my kindness shall not depart from thee, neither shall the covenant of my peace be removed, saith the LORD that hath mercy on thee."

The LORD is declaring you will no longer see His anger. He will never send a flood to the earth again. God sealed His promise to Noah by sending a rainbow.

Luke 9:54-55; 54. And when his disciples James and John saw this, they said, Lord, wilt thou that we command fire to come down from heaven, and consume them, even as Elias did? 55. But he turned, and rebuked them, and said, Ye know not what manner of spirit ye are of."
You are under the New Covenant of Grace which is a better Covenant and you have a better relationship with God. Under the Old Covenant you could not enter the holy of holies which means you couldn't enter the presence of God. The Old Covenant condemns you. If you break one you were guilty of all. (James 2:10); the New Covenant justifies you. You have been set free, reconciled, redeemed.

Romans 4:5-7;5. But to him that worketh not, but believeth on him that justifieth the ungodly, his faith is counted for righteousness. 6. Even as David also describeth the blessedness of the man, unto whom God imputeth righteousness without works, 7. Saying, blessed are they whose iniquities are forgiven, and whose sins are covered."
Under the New Covenant you are the righteousness of God. All you must do is believe. Under the New Covenant you are holy, set free and reconciled to God. Under the Old Covenant you were cursed. Hebrews 8:12; "For I will be merciful to their unrighteousness, and their sins and their iniquities will I remember no more." God is merciful to sinners. He hates sin but He loves the sinner. He will no longer remember your sins.
Hebrews 10:17; "And their sins and iniquities will I remember no more." Colossians 2:14; "Blotting out the handwriting of ordinances that was against us, which was contrary to us, and took it out of the way, nailing it to his cross;"
Your sins were nailed to the Cross with Christ. You have been redeemed, delivered, reconciled, made holy, justified and declared righteous. Under the Old Covenant there were animal sacrifices that had to be done every year; under the New Covenant, Jesus was the sacrifice once for all. (Hebrews 10:13). Under the New Covenant sin has no more dominion over you. (Romans 6:14).

The scripture says, "You will know the truth and the truth will set you free." (John 8:32). The law is not of faith. The children of Israel didn't have an intimate relationship with God because of unrighteousness. The believer is intimate with God because he is the righteousness of God. Your confidence in God will take you to another level. You can have life more abundantly. (John 10:10; Hebrews 10:10; Hebrews 4:16

For I will be merciful to their unrighteousness, and their sins and their iniquities will I remember no more (Hebrews 8:12).

Too many are enslaved by the memories of their past. They could be cheerful one moment and depressed the next, all because they remembered something they did in the past. But did you know that from the moment you were born again, your past ceased to exist?

2 Corinthians 5:17 says, “...if any man be in Christ, He is a new creature, old things are passed away, behold, all things are become new.” The Christian is a new creation, and the new creation has no past; he never existed before.

Your old nature, the old you and everything about your earthly, natural human life was supplanted by the life and nature of God at the New Birth. When God looks at you now, He doesn’t see an old, wretched, struggling “sinner saved by grace”; rather, He sees Christ, because you’re in Christ. And in Christ, you’ve been made righteous; you’re the righteousness of God in Christ Jesus.

Something so extraordinary that Jesus accomplished for us is remission of sins. Our sins—past, present, and future—were remitted ever before we came into Christ; this was legal. But we came into the vital experience when we were born again. So, even when you remember a past mistake and you feel bad and ask God to forgive you over and over again, He doesn’t have the record; He doesn’t remember.

Speaking to Israel, concerning this new covenant, He said, “…their sins and their iniquities will I remember no more” (Hebrews 10:17). Do you think He’d relate to us any less, considering that we’re fruits of this new covenant, established upon better promises?

Christ Jesus paid the full penalty for sin in His death on the Cross. The Bible says it was necessary that Christ should suffer for our sins (Luke 24:46); and now we walk in newness of life.

Romans 6:4 says, “Therefore we are buried with him by baptism into death: that like as Christ was raised up from the dead by the glory of the Father, even so we also should walk in newness of life.” You’re forever blameless in the sight of God, because Jesus died to “…present you holy and unblameable and unreproveable in his sight” (Colossians 1:22).