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Bultmann's Jesus is not kerygma for the same reason that his Theologie des Neuen Testaments is not kerygma -- namely, because it is theology, i.e., existentialist interpretation of kerygma, as distinct from kerygma itself. (Significantly, Bultmann says explicitly that "one can speak of the proclamation of Jesus only as kerygma" [Glauben und Verstehen 1:172].) Of course, Jesus could be said to be indirect kerygma in the same sense in which all theology is "indirect address."

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But there is another sense, perhaps even more important, in which Bultmann's Jesus is Christian theology after all. Actually, there are two somewhat different senses in which this may be claimed.

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