[...] I think you're making a pretty clear case for how one's grasp/view of Inspiration (or lack thereof) is feeding their exegetical approach. What role do you think, if any, ones view of Pastoral responsibility plays in the development of a series such as "The Coming Financial Armageddon"? In other words, do you think that such an exegetical approach (as the two had above) develops primarily as a consequence of a low view of inspiration? Or, do you think there are multiple factors, such as one's view of the pulpit's place in congregational ministry that are at play as well? I see both in play - even in my own ministry. There's certainly a tension that exists that has to be managed. I'd love to hear your view on how the Primary can and should feed the secondary issues in exegesis and (even) pulpit ministry.
The following is my response to his points and query.
So I think, in response to your question, that their hermeneutics have resulted from a defective view of inspiration or a bibliology or doctrine of Scripture that is built upon a rationalist/reactionary edifice that reduces and depersonalizes revelation to propositions instead of the person, Jesus Christ. Which explains quite a bit, relative to the way that both MacArthur and Jeremiah have proceeded in their "exegesis" of the text. They both presume that Scripture is our source-bed for providing a set of values and propositions that needs to be discerned (e.g. exegesis), principalized, and then given up for application for their listener's lives.
So the only solution, that I see, is to abandoned the defective edifice upon which Evangelical's understandings on a doctrine of Scripture (and thus hermeneutics) is built; and re-orientate oneself in a way that sees Scripture within the personal triune speech act of God to us, given to us through his Son, in and through the creative activity of the Holy Spirit. This way Scripture is no longer understood as a proposition book which humanity can master; but instead, Scripture is understood as the God ordained place wherein God in Christ by the Spirit contradicts and confronts our "human mastery" through direct encounter with him, in Christ (wherein Scripture finds its Spirit breathed voice through the resurrected humanity of Jesus Christ). This will set up a hermeneutical framework that methodologically seeks to lay bare the inner reality of Scripture, which finds its ground in Jesus Christ himself (in principle, quite intensively!). So the exegete and expositor won't be seeking to figure out how a particular text (like in the OT for example) is "relevant" or answers people's particular questions today. Instead, the exegete will trust that God alone knows all of our hearts, and his answer to our deepest longing is personal encounter with Him. That is what Scripture is for; to lead us to him in Christ. So when teaching an OT passage, for example (or even a NT one), the expositor will use a hermeneutical practice that exemplifies the kind that we see the NT authors using; it will interpret the OT promises in light of their fulfillment in Christ. For example, it will tie the suffering and rebellion we see happening over and again amongst God's people in the OT; into what Jesus elected for himself as he elected our humanity/reprobation for himself and gave us his elect status as our vicarious representative in his resurrected humanity (so the exegete would emphasize that God humbled himself, and in that humbling he exalted humanity in the resurrected humanity of Christ ... something like that).
So this requires a massive paradigm shift for the expositor's hermeneutical practice. It requires that the Pastor believe that God knew best when his prescription for humanities' daily longings and issues was who he revealed, himself, in Jesus Christ. It is this encounter alone that will set the captives free, and provide the deep kind of perspective and spirituality that God wants for all of his people (on a day to day basis)! MacArthur and Jeremiah (and any Evangelical pastor, in particular, that follows in their footsteps, methodologically) have missed the boat I have been describing. Does this help clarify?