The following is an exerpt from the book “Our Lord Cometh”
by William J Rowlands, published 2010.

I believe it is time we search the scriptures to see if these things be so. The Apostle Paul teaches us to think on these things, and that he does not want us to be ignorant concerning our hope.
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CHAPTER VI.

“TAKEN OUT OF THE WAY.”

2 THESSALONIANS 2:7

Much controversy has centered around this passage of Scripture. It is affirmed by many that the Holy Spirit is to be taken away, and that as His divine presence is promised to the Church for ever in the Savior’s words in the Paschal discourse in John 14 it follows as a natural sequence that both the Holy Spirit and the Church will be thus removed from the world, leaving lawlessness to spread unhindered under the Antichrist, the Lawless One.

These brethren believe, even as we do, that the Lawless One will receive his death blow at and by the appearing in glory of our glorious Lord, but they use this inference, based, we believe, on a mistranslation and misinterpretation of Holy Scripture, to support the idea of a pretribulation translation of the Church.

The statement of a recent writer that our interpretation rests upon a special translation of this passage (2 Thess. 2:7) may readily be tested, and is seen to be utterly false when it is noted that the verb ginomai in its various forms, occurs over 600 times in the New Testament, and only in this one case is the word “taken” used in connection with its translation.

We may well ask whether that is “special translation” which accords with the 600, or that which insists on departure from uniformity in this one instance out of 600?

This is strengthened too, when we see that the word “taken” upon which their own theory leans for support, really represents no Greek word in the text at all, but is simply an addition to the words of Holy Scripture.

This may be set out as follows:—
“For the mystery of iniquity doth already work: only he who now letteth will let,
until         he be   (taken)  out of    the way.

heos           genetai.           ek             mesou

This fact is recognized and shown in the Newberry Bible, for there, while giving the Authorized Version reading as he always does, he prints the word “taken” in italics to reveal that it represents no Greek word in the text at all. Mr. Newberry also prints in his Marginal Notes “become—genetai” and “mesou—midst.”

In The Englishman’s Greek New Testament the same fact is set forth, thus:—
heos         ek                      mesou         genetai
until          out of      (the)     midst           he be      (gone)

If the Holy Spirit had intended us to read the word “taken” he would have caused the Apostle to write one of the Greek words employed in the New Testament which mean “taken,” and would have never left a blank.

The theory, therefore, which rests upon an English word “taken,” which English word rests upon no Greek word in the text at all, rests simply and purely upon nothing.

“Genetai” Never Means or Implies “Taken.”

The word genetai, denoting origin or “coming to be,” as in birth, could not apply to the Holy Spirit. In John 1:14, a kindred word is indeed used, thus:—”And the Word was made (lit. became) flesh, and dwelt among us,” but relating as it does to the virgin birth of our Lord Jesus Christ, it confirms the thought that the Greek word employed is connected with birth. This is clearly seen to be the case when the word is traced throughout the New Testament, by the aid of Dr. Strong’s or Dr. Young’s Concordance, both of which show plainly that origin and not removal is the thought contained in the word. Why should the thought of removal be imported into this verse of Holy Scripture when it is foreign to this word in every other passage in which it is used? We see therefore that firstly there is, no Greek word in the text for “taken” and also that there is no thought of “taken” implied in the verb “genetai”—lit. “to be” or “become.”

Dr. Young’s Analytical Concordance shows that “ginomai” is rendered “arise” 13 times, “be” 253, “be done” 63, “be made” 67, “become” 47, “come” 53, “come to pass” 82, etc.
A glance also at the kindred words “genesia”—translated (birthday 2), “genetes”—(birth, in John 9:1), “gennao” (beget—49 times and be born, 39), “gennema” (fruit 5 and generation 4), “gennesis” (birth 2), “gennetos” (that is born 2), “genos” (translated offspring, stock, kindred, etc.) will verify the fact that “becoming” or “coming to be” is the true meaning and force of the word used in 2 Thessalonians 2:7.

Dr. Strong gives the literal meaning of ginomai as “to become,” “to come into being,” and Dr. Young says in every instance “ginomai,” lit. to come, become.” The force therefore of the verb used in this passage of Scripture denotes “coming to be” and is connected with origin and not removal.

We see therefore that firstly, there is no Greek word in the text of 2 Thessalonians 2:7, for the English word “taken,” secondly, that the Greek word “genetai” contains no thought of removal, and thirdly, that it definitely and everywhere in Scripture denotes “coming to be,” origin.

Other Uses of the Word.

But the question has been asked: Inasmuch as the word is translated “arose” and “ariseth” several times in the New Testament, does it not in those verses where it is so rendered, imply removal?

An examination of all the verses will be the best reply,

Matthew 8:24:  there arose a great tempest in the sea.
        8:21:   when tribulation or persecution ariseth.
Mark 4:17:  when affliction or persecution ariseth.
     4:37:   there arose a great storm of wind.
Luke 6:48:  when the flood arose.
     15:14:  there arose a mighty famine in that land.
John 3:25:  then there arose a question.
Acts 6:1:  There arose a murmuring of the Grecians.
     6:19:  the persecution that arose about Stephen.
     20:23:  the same time there arose no small stir.
     23:7:  there arose a dissension.
     23:9:  there arose a great cry.
          

These are all the verses where the word or its cognates is translated arose or ariseth. In neither of them is that which ariseth removed by so arising. The rising of a storm or flood does not indicate its removal. It simply develops, “comes to be,” and thus becomes manifest.

Even so it may be argued, if necessary, in every instance. That which is said to “become” or “come into being” (translated arose or ariseth in these verses) is a tempest, tribulation, persecution, affliction, flood, mighty famine, a question, a murmuring, a cry, a dissension. When we read, “there arose a mighty famine in that land,” there is no thought of the famine being removed from, or taken away from, that land.

The reverse is the case. In fact, these instances might very well illustrate the truth contained in the very passage in 2 Thessalonians 2:6-8, which we are considering. The little boat upon the lake of Galilee was suddenly enveloped by the tempest, which became, came to be (egeneto). So will it be in the last days. Lawlessness which has long been working secretly, will at God’s appointed time become developed out of the midst, as a ripened system, and then (tote, i.e., at that time) shall the Wicked One be revealed.

The restraining is not intended to stop entirely the working of lawlessness, but to check its progress, so that it will ripen just at God’s due time for the Antichrist to be manifested.

Nothing “Taken Out of the Way.”

We are not pleading for any “special translation,” but it is our duty to bow to the Word of God. If He had said “taken” in this text, or if He had said “way,” removal from the way would probably have been the thought. But God says neither. We have seen already that “taken” is inserted by the English translators and that it rests on no Greek word in the verse, either written or implied. It is also unquestionably true that the Greek word for “way” does not occur in this text. None will surely deny that “hodos” means way, as when we read “I am the way,” but that “mesou” means midst, as for example: “Where two or three are gathered together in My Name, there am I in the midst.”

“He or It.”
The question arises now as to whether the words should read:—”until he become out of the midst,” or “until it become out of the midst.” Whichever is more correct, the practical result is substantially the same, for “he” could refer to none other than the Antichrist, and “it” to the manifestation of the lawlessness of which he is the embodiment, just as our Divine Lord is said to be the incarnation of godliness in the words, “great is the mystery of godliness; God was manifested in the flesh.” The person described in the whole context from verses 3-9 (with the exception of the words, “only there is the restrainer now”) is the Antichrist. All the personal pronouns in verses 3-6 refer to him and also the “he” of verse 8, so that if we read “he become out of the midst” in verse 7, this pronoun would also as a matter of simple grammatical sequence refer to the Antichrist too. If it be read, “until it become out of the midst” it can only refer to the emerging as a manifested fully-ripened system of the lawlessness which is to be the matured apostasy of the last days. The Antichrist will arise at that very time as its embodiment and head. It is certain that the restraining is on the secretly working lawlessness and not on the Antichrist, because that person has not yet come.

The Apostle Paul wrote this very chapter because the Thessalonian saints were in danger of being “troubled,” by a premature and therefore false expectation, namely, that of thinking the Day of the Lord had set in when it had not. So likewise, Satan is still trying to “excite” us with a premature hope which has in many dear saints had disastrous results. Hence the Apostle’s words in chapter 3:5: “and the Lord direct your hearts into the love of God, and into the patient waiting for Christ.” May the Lord give us truly, brethren, to have “patience of hope.”

It is when “The Lord Himself shall descend from heaven with a shout, with the voice of the archangel, and with the trump of God . . .” that we shall be caught up in the clouds to meet the Lord in the air. It is “when the Lord Jesus shall be revealed from heaven with His mighty angels, in flaming fire, taking vengeance” (2 Thess. 1:7), that the troubled Church will get release. It is when He comes to destroy Antichrist that we are to be caught up in the clouds to meet our Lord and be with Him.
“When Christ who is our life shall appear, then shall ye also appear [not disappear] with Him in glory.”

Source Reference:
http://www.pbministries.org/Eschatology/cometh/cometh_06.htm