Friday, February 22, 2013

America's Killing Debt


17,000,000,000,000 – National Debt (More than total annual production, GDP)
3,500,000,000,000 – Annual Spending
2,450,000,000,000 – Annual Income
1,050,000,000,000 – Annual Borrowing

85,000,000,000 – Sequester 
(Amount of spending required by law to be reduced at the present time.)
The Sequester is 2% of Annual spending
The Sequester is 5% of Annual Borrowing

The amount of money required to be reduced by the Sequester is very small.
The idea that this amount of reduction is critical is ridiculous.
It does not touch the Annual Spending or the Annual Borrowing.

Spending Allocations from 2012:

802,000,000,000 - Medicare
768,000,000,000 - Social Security
670,000,000,000 - Defense Spending
615,000,000,000 - Non-Defense Discretionary Spending
461,000,000,000 - Other Mandatory Spending
233,000,000,000 - Interest Payment

America is financially non-functional; she has no financial future.
She has made slaves of her children.
The Democrats will not reduce spending
Because they would lose their constituency and their power if they did.
The Republicans have seldom shown fiscal prudence or discipline.
Financially, both Democrats and Republicans defy common sense.
America is on an unsustainable financial path with no end in sight.
The most rigorous plan by the Republicans
Does not balance the Budget for another 10 years.
By that time the National Debt will be over 20,000,000,000,000.

There is no way out of this Debt by a godless people.
America is in this situation because she has turned godless
And is in defiance of God, His Christ Jesus and His Word,
By her laws and practice.
God alone gives a nation the power to obtain wealth.

America's SIN is punishing it and grinding it to powder.
The only way out of this predicament is REPENTANCE.
America could turn from its SIN and turn to God.
If she does not she will destroy herself as did all the great nations before her.

Today, the world is raging against God, rushing toward oblivion. (Psalm 2)
America is being ground to powder because of her SIN against God.
Save yourself from this Corrupt Generation! (Acts 2:40)
As God has written, so shall it be! Hallelujah! Maranatha!
Father, Your Kingdom come, Your will be done, on earth as in Heaven!




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