Barack Obama does not want to negotiate debt ceiling; What are the risks?
USA President Barack Obama made some debt related statements today:
January 14, 2013
“The issue here is whether or not America pays its bills,” Obama said at a press conference on Monday, the last of his first term in office. “We are not a deadbeat nation.” http://nbcpolitics.nbcnews.com/_news/2013/01/14/16505804-obama-chides-gop-on-debt-limit-we-are-not-a-deadbeat-nation?lite
(Reuters) – President Barack Obama on Monday rejected any negotiation with Republicans over the most pressing U.S. fiscal issue, refusing to trade cuts in government spending in exchange for raising the borrowing limit.
“If the goal is to make sure that we are being responsible about our debt and our deficit – if that’s the conversation we’re having, I’m happy to have that conversation,” Obama said. “What I will not do is to have that negotiation with a gun at the head of the American people,” he told a news conference.
Republican leaders quickly reiterated their demand that increasing the debt limit must be accompanied by spending cuts. http://www.reuters.com/article/2013/01/14/us-usa-obama-debt-idUSBRE90D0UK20130114
Actually, with a $16+ trillion dollar debt and plans to increase that, plus the implementation of programs such as quantitative easing, the USA absolutely is becoming a deadbeat nation: meaning that it does not truly intend to repay its debtors with goods and/or services that are truly worth $16+ trillion dollars on the world scene today.
While Barack Obama is not the cause of all the ills or debt in the USA (sin is), he has not taken certain steps that I feel are necessary to change the direction to a truly positive one for that country. And his comments today seem consistent with that view.
Continuing to increase the debt ceiling is very risky.
Why?
Debt is often caused by greed, and debt is very dangerous:
43 The alien who is among you shall rise higher and higher above you, and you shall come down lower and lower. 44 He shall lend to you, but you shall not lend to him; he shall be the head, and you shall be the tail. 45 Moreover all these curses shall come upon you and pursue and overtake you, until you are destroyed…47 “Because you did not serve the LORD your God with joy and gladness of heart, for the abundance of everything, 48 therefore you shall serve your enemies, whom the LORD will send against you, in hunger, in thirst, in nakedness, and in need of everything; and He will put a yoke of iron on your neck until He has destroyed you. 49 The LORD will bring a nation against you from afar, from the end of the earth, as swift as the eagle flies, a nation whose language you will not understand, 50 a nation of fierce countenance, which does not respect the elderly nor show favor to the young. 51 And they shall eat the increase of your livestock and the produce of your land, until you are destroyed; they shall not leave you grain or new wine or oil, or the increase of your cattle or the offspring of your flocks, until they have destroyed you. 52 They shall besiege you at all your gates until your high and fortified walls, in which you trust, come down throughout all your land; and they shall besiege you at all your gates throughout all your land which the LORD your God has given you (Deuteronomy 28:42-45,47-52).
3 For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry…5 Indeed, because he transgresses by wine, He is a proud man… 6 “Will not all these take up a proverb against him, And a taunting riddle against him, and say, ‘Woe to him who increases What is not his–how long? And to him who loads himself with many pledges’? 7 Will not your creditors rise up suddenly? Will they not awaken who oppress you? And you will become their booty. 8 Because you have plundered many nations, All the remnant of the people shall plunder you. Because of men’s blood And the violence of the land and the city, And of all who dwell in it. (Habakkuk 2:3,5,6-8).
The above prophecy in Habakkuk will be fulfilled at the time of the end (cf. “The message was true, but the appointed time was long…in the latter days, for the vision refers to many days yet to come”, Daniel 10:1,14). Daniel 8:19, 11:27,29,35 use same the Hebrew term for “appointed time” as Habakkuk 2:3, while Daniel 10, using a different term, ties the latter days to the time in Daniel 8:19. Habakkuk 2 was not fulfilled in its entirety anciently. Also, it makes little sense that Habakkuk would be directed towards the modern nation of Israel as it does not have enemy creditors. It must be a nation or group of nations with some prominence at the appointed time of the end. As far as “violence of the land” as a contributing factor, this would seem to include crime, military missions, and perhaps riots/civil unrest, but might it also include promotion of violent sports? But either way, it should be clear that increasing debt involves risks that the USA should not take. Yet it still insists on doing so.
Notice that sudden destruction will occur among those who are spiritually drunk:
3 For when they say, “Peace and safety!” then sudden destruction comes upon them, as labor pains upon a pregnant woman. And they shall not escape. 4 But you, brethren, are not in darkness, so that this Day should overtake you as a thief. 5 You are all sons of light and sons of the day. We are not of the night nor of darkness. 6 Therefore let us not sleep, as others do, but let us watch and be sober. 7 For those who sleep, sleep at night, and those who get drunk are drunk at night. (1 Thessalonians 5:3-7)
8… A plunderer at noonday; I will cause anguish and terror to fall on them suddenly…
13 Your wealth and your treasures
I will give as plunder without price,
Because of all your sins,
Throughout your territories.
14 And I will make you cross over with your enemies
Into a land which you do not know;
For a fire is kindled in My anger,
Which shall burn upon you.” (Jeremiah 15:8;13-14)
Notice that both Paul and Habakkuk seem to have tied drunkenness in with this sudden calamity (so did Jesus in Luke 21:34-35). Truly the Anglo-nations are not spiritually sober–and the indebtedness of the USA is not a spiritually sober thing to do.
Notice how Ezekiel’s writings confirm that those who made profits improperly (such as quantitative easing and other forms of currency debasement) will be punished:
13 “Behold, therefore, I beat My fists at the dishonest profit which you have made, and at the bloodshed which has been in your midst. 14 Can your heart endure, or can your hands remain strong, in the days when I shall deal with you? I, the Lord, have spoken, and will do it. 15 I will scatter you among the nations, disperse you throughout the countries, and remove your filthiness completely from you. (Ezekiel 22:13-15)
Borrowing money that will not be paid back is a “dishonest profit” which the American and British peoples have been living on for the past several years (as is the “quantitative easing” programs for the US Federal Reserve; see also Doubling QE3 is not good). The Anglo-power will be scattered for this and their filthiness (see also Will the Anglo-Nations be Divided?). Sexual immorality and abortion are simply some outward signs of this filthiness.
The USA is a de facto deadbeat nation as it really does not intend to pay its bills in full. And it will be a bigger disaster for the USA than nearly all Americans can conceive.
Some items of possibly related interest may include:
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
Taxes What caused the descendants of Israel to pay taxes? Should Christians pay taxes?
Abortion, the Bible, and a Woman’s Right to Choose Do you know what the Bible teaches on this? Has the Roman Catholic Church allowed abortions? What about the real Church of God?
Barack Obama, Prophecy, and the Destruction of the United States This is a 160 page book for people truly interested in prophecies related to Barack Obama and the United States, including learning about many that have already been fulfilled (which the book documents in detail) and those that will be fulfilled in the future. This book is available to order at www.barackobamaprophecy.com. The physical book can also be purchased at Amazon from the following link: Barack Obama, Prophecy, and the Destruction of the United States: Is Barack Obama Fulfilling Biblical, Islamic, Catholic, Kenyan, and other America-Related Prophecies?
Barack Obama, Prophecy, and the Destruction of the United States–Amazon Kindle edition. This electronic version is available for only US$2.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon’s Free Reader Apps. After you go to for your free Kindle reader and then go to Barack Obama, Prophecy, and the Destruction of the United States–Amazon Kindle edition.)
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