This question was recently posed to me (and some other friends) on an email discussion-group:

« What is your take on Matthew 5:17-18 regarding the Law and Prophets? Do you believe we are still under the Law, and do you believe that we have Prophets today, and if so for what purpose in light of receiving the Holy Spirit individually? »

I waited with anticipation for an answer to these questions from the group, but nobody dared venture forth... I suspect it’s because the answers to those questions would require so much explanation that too many are daunted!

I too am daunted, but I've never let that stop me from being a foolish blow-hard (witness this weblog!). So, here goes a long answer.

First, see the a larger context of the verses cited:

“Do not think that I have come to abolish the Law or the Prophets; I have