Fiscal Cliff Risks US Supremacy and Leadership in the World; Platinum Coins Not the Answer

Handwriting on the Wall (Crespo)

The ‘fiscal cliff’ remains in the news:

8 December 2012…

House Speaker John Boehner said the White House “wasted another week” in the negotiations over the “fiscal cliff”, both President Obama and the Republican Party, are repeating their arguments today…http://www.cbsnews.com/8301-34222_162-57558034-10391739/little-change-in-fiscal-cliff-talks-or-talking-points/

This “fiscal cliff” is that taxes in the USA are to raise January 1, 2013 without federal action and automatic spending cuts are also to go into place to attempt to reduce the USA’s deficit growth (USA debt is to increase even if the taxes are increased and the spending is cut).

The spending cuts will affect many areas of US government spending. In terms of military spending, USA Defense Secretary Leon Panetta has warned about the dangers of the cuts as “doomsday” (‘Doomsday’ Defense Cuts) and “unthinkable” (Panetta Weighs Unthinkable Defense Cuts) and yet they may well happen. The tax increase portion has been called “THE LARGEST TAX HIKES IN AMERICAN HISTORY” (Obama Book #1 Again? Fiscal Cliff an Economic & Military Danger).

While the Republicans and Democrats are using 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. Notice the following report

AFP – Dec 7, 2012

IMF chief Christine Lagarde said Friday the looming “fiscal cliff” in the United States threatens the country’s international supremacy and the fragile global recovery.

In an interview with BBC World News, Lagarde noted the US fiscal cliff, a combination of severe tax increases and spending cuts due in January, would probably wipe out growth in the world’s largest economy.

“The real issues are, in a way, the supremacy of the United States and its leadership role in the world,” said the managing director of the International Monetary Fund.

“To make sure that that leadership endures, the uncertainty has to be removed because uncertainty fuels doubt as to that leadership…It’s not purely a political issue, it’s not ideological, it’s broader than that. It really addresses the role of the United States in the world from a geopolitical and economic point of view,” said Lagarde, according to extracts of the broadcast interview. http://www.france24.com/en/20121207-lagarde-says-fiscal-cliff-threatens-us-supremacy

The Europeans (Christian Lagarde is French) and others are realizing that the USA is losing its position in the world–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). Yet, few in the USA seem to realize what is going on. The leaders in the USA are causing the nation to err.

The following “solution” was in the local newspaper today:

If President Obama wants to avoid an economic calamity next year, he could always show up at a press conference bearing two shiny platinum coins, worth… $1 trillion apiece.

Okay, that sounds utterly insane. But ever since last year, some economists and legal scholars have suggested that the “platinum coin option” is one way to defuse a crisis if Congress can’t or won’t lift the debt ceiling soon. At least in theory.

The U.S. government is, after all, facing a real problem. The Treasury Department will hit its $16.4 trillion borrowing limit by next February at the latest. Unless Congress reaches an agreement to raise that borrowing limit, the government will no longer be able to borrow enough money to pay all its bills. (Plumer B. Could $1 trillion coins solve the U.S. debt crisis? San Luis Obispo Tribune, p. b5; originally from Washington Post)

This is really not much more insane than “quantitative easing” where “assets” are grossly overvalued in order to try to “justify” debasing the US money supply through overproduction of currency without real goods and services. This is just a different way to pretend to fix a problem on the surface level, and one that U.S. government leaders might really consider. Pretending a few thousand dollars of platinum is worth trillions is absurd–and world leaders will realize this.

Inflating the money supply through currency debasing and other tricks is not something advocated in the Bible. Notice:

4 Take away the dross from silver (Proverbs 25:4a).

25 I will turn My hand against you,
And thoroughly purge away your dross,
And take away all your alloy. (Isaiah 1:25)

22 Your silver has become dross, Your wine mixed with water. (Isaiah 1:22)

Notice, further, that the Bible teaches the following:

12…Those who lead you cause you to err, And destroy the way of your paths.” (Isaiah 3:12)

16 For the leaders of this people cause them to err, And those who are led by them are destroyed (Isaiah 9:16).

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 because you did not obey the voice of the LORD your God, to keep His commandments and His statutes which He commanded you…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 (Habakkuk 2:3,5,6-8).

Thousands of years ago, the Prophet Daniel was asked to interpret some handwriting that was written on a wall by only a hand that the king of the area personally witnessed (which is why he ultimately called Daniel to see it). The moral trend in that kingdom was not good according to Daniel (Daniel 5:22-23). After stating that, here is the interpretation that the prophet Daniel gave of that handwriting on the wall:

24 Then the fingers of the hand were sent from Him, and this writing was written.

25 “And this is the inscription that was written:

MENE, MENE, TEKEL, UPHARSIN.

26 This is the interpretation of each word. Mene: God has numbered your kingdom, and finished it; 27 Tekel: You have been weighed in the balances, and found wanting; 28 Peres: Your kingdom has been divided, and given to the Medes and Persians.” (Daniel 5:24-28)

That kingdom was taken over that very night (Daniel 5:30-31).

So, let us look at the words from the wall and apply them to the United States.

Mene: Your days as being on the top of the world order are numbered. And more in the world are starting to realize this.
Mene: Despite signs of your decline, instead of repenting, you seem to be taking steps to speed it up–you are soon to be finished.
Tekel: Your morality and “conscience” have been weighed in the balances, and found wanting.
Peres/Upharsin: Your nation will be divided by the final Beast, the King of the North (Daniel 11:39), and he will make your people slaves as your nation will be finished.

As I have written many times, I doubt that the USA will have national repentance, so it is on the way to destruction. A lot of what has come out of the White House, Congress, and other politicians have not been real solutions to the problems that the USA is facing. But that does not preclude individual repentance.

34 “But take heed to yourselves, lest your hearts be weighed down with carousing, drunkenness, and cares of this life, and that Day come on you unexpectedly. 35 For it will come as a snare on all those who dwell on the face of the whole earth. 36 Watch therefore, and pray always that you may be counted worthy to escape all these things that will come to pass, and to stand before the Son of Man.” (Luke 21:34-36)

Turning to God is the only answer–not a couple of ounces of platinum. And repentance is something you can do –whether you are American or not. Even a report a while back from the Congressional Budget Office warned that the USA is risking a “sudden fiscal crisis” that could have devastating consequences (see CBO Warns of ‘Sudden’ Debt Crisis), and according to the Bible, the consequences will be even worse than the CBO imagined.

Nations rise and fall.

Secular sources are more and more starting to realize that the end of USA dollar domination is going to occur (and it will not be on January 1, 2013, that is a bit too soon–but it will happen). This will have major ramifications for the USA, as well as its Anglo-allies.

Can you see the handwriting on the wall?

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?
Are You Saved? Do You Love Jesus? What is a True Christian? What is the Gospel? Evangelist Richard Ames answers those important questions.
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. 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?
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.)