A future for Ethnic Israel?

• Dispensational Theology
  • Two peoples of God
  • Temple rebuilt and sacrifices continue
  • Takes literally many of the Old Testament prophecies
• Reformed Covenant Theology
  • Replacement: Everything said about Israel is now replaced by the church
  • Clear teaching that the law pointed to Christ and the Mosaic Covenant is obsolete
• Alternative interpretation
  • Salvation is only by faith in the name of Jesus
  • There is one people of God—the dividing wall is broken down
  • Yet is is hard to take Romans 11 to mean there is nothing
  • Similarly with some of the O.T. prophets
  • This could be fulfilled by a world-wide revivial among ethic Jews, turning from Moses to Christ

13. Now I am speaking to you Gentiles. Inasmuch then as I am an apostle to the Gentiles, I magnify my ministry
14. in order somehow to make my fellow Jews jealous, and thus save some of them.
15. For if their rejection means the reconciliation of the world, what will their acceptance mean but life from the dead?
    …
23. And even they, if they do not continue in their unbelief, will be grafted in, for God has the power to graft them in again.
24. For if you were cut from what is by nature a wild olive tree, and grafted, contrary to nature, into a cultivated olive tree, how much more will these, the natural branches, be grafted back into their own olive tree.
25. Lest you be wise in your own sight, I want you to understand this mystery, brothers: a partial hardening has come upon Israel, until the fullness of the Gentiles has come in.
26. And in this way all Israel will be saved, as it is written, “The Deliverer will come from Zion, he will banish ungodliness from Jacob”;
27. “and this will be my covenant with them when I take away their sins.”
28. As regards the gospel, they are enemies of God for your sake. But as regards election, they are beloved for the sake of their forefathers.
29. For the gifts and the calling of God are irrevocable.