Democrats and Republicans consider additional debt reduction delays, yet…
Some US Democrats and Republicans are considering further delays in cutting spending and the US debt:
6 February 2013
WASHINGTON — Congressional Democrats, sensing a shift in political momentum, said Wednesday that they were closing in on legislation to temporarily head off deep across-the-board spending cuts, convinced that once federal furloughs and layoffs begin next month, political pressure on Republicans to accept more tax increases will become irresistible…House Democrats produced legislation that would stave off the cuts through Sept. 30 by ending direct subsidy payments to agriculture businesses, eliminating tax breaks for oil and gas companies, and establishing a minimum 30 percent effective tax rate on annual income over $1 million. http://www.nytimes.com/2013/02/07/us/politics/two-parties-map-strategy-on-automatic-budget-cuts.html?_r=0
House Majority Leader Eric Cantor, R-Va.: Our olive branch is ripe, Democrats, and with the right legislation, we’re willing to compromise. http://www.cbsnews.com/8301-250_162-57567812/is-the-republican-party-headed-toward-civil-war/
Of course, in both parties, there are those with differing views. But at least some in both parties seem to be willing to allow the debt to go up–at least for a while longer (and in reality, much longer).
Yet politicians of both parties have concerns about where the USA is right now:
6 February 2013
“At some point, Washington has to deal with its spending problem,” Speaker John A. Boehner of Ohio said Wednesday, his voice rising in frustration. “Now I’ve watched them kick this can down the road for 22 years since I’ve been here. I’ve had enough of it. It’s time to act.”
With the clock ticking and President Obama calling for some action, both parties are showing some cracks in their resolve. http://www.nytimes.com/2013/02/07/us/politics/two-parties-map-strategy-on-automatic-budget-cuts.html?_r=0
But both Republican John Boehner and Democrat Barack Obama have “kicked the can” down the road themselves in recent weeks (see Obama Administration will not oppose debt-ceiling delay proposal and Congress passes debt bill).
The reality is that something needs to be done (and it may essentially be some type of sham, like the “quantitative easing” programs are; see Doubling QE3 is not good) as the US government is NOT in a position to function unless it raises its debt limits. So, it will raise its debts.
Biblically, this is more dangerous than most in the USA realize. Notice what the Bible warns about those who increase debt in the end times:
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).
At some point in time, the USA will likely start to experience massive inflation. And afterwards, its creditors will rise up (Habakkuk 2:7). The realities of USA debt as well as policies of the Federal Reserve like “quantitative easing” are setting the stage for the end of economic dominance by the U.S.A.–have no doubt about it (although there could be some major positive economic events before that happens).
While the Republicans and Democrats have often used this as a major partisan fight, the reality is that the rest of the world is also watching and is very disturbed by all of this (see IMF: Suspending debt ceiling hurts United States tremendously). The Europeans and others are realizing that the USA is losing its position of world leadership–and when it does, this will be the final “time of the Gentiles” that the Bible warns of (Ezekiel 30:2-3; Luke 21:23-24; Revelation 11:2). The leaders in the USA are causing the nation to err (cf. Isaiah 3:12; 9:16).
The policies and decisions in Washington, D.C. are helping to create the conditions for the upcoming European Beast power to fill the void in economic (and even military) leadership that the USA is in the process of making.
Some articles 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?
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe?
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States?
Barack Obama, Prophecy, and the Destruction of the United States-Second Edition for Second Obama Term 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. It also has a chapter about a Republican choice. 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? What About Republican Leaders? Second Edition for Second Obama Term.
Barack Obama, Prophecy, and the Destruction of the United States-Second Term-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-Second Term-Amazon Kindle edition.
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