LCG: Repent or Disaster Ahead

The Strength of Dollars Have Long Been Part of the “Pride of the Power” of the USA (which will be broken per Leviticus 26:19)

COGwriter

In his latest co-worker letter, LCG’s Roderick C. Meredith wrote:

It is about time we face the facts. If we don’t truly repent and turn to God’s ways, disaster lies just ahead for our American and British-descended peoples! The Eternal God tells us in His inspired Word, “The rich rules over the poor, and the borrower is servant to the lender” (Prov. 22:7). Throughout the Bible, God tells us that we should not live beyond our means. Later in His Word God tells us, “There are four things which are little on the earth, but they are exceedingly wise: The ants are a people not strong, yet they prepare their food in the summer” (Prov. 30:24-25).

Yet most Americans—and millions of Britons, Canadians and Aussies—continually spend far more money than they are actually making, or than they should spend. We run up bills at various stores and businesses. Americans, especially, run up massive credit card bills, and as a nation, the United States—which used to be the world’s greatest lender—has become by far the largest “debtor nation” in human history!

Many articles have come out in the financial press revealing that the U.S. government, technically, is “flat broke.” If we were a bank or financial institution, we would long ago have been put into receivership. America’s total federal debt now stands at approximately $9,500,000,000,000—that’s over nine trillion dollars! This is an absolute disaster in the making. And it will soon get much worse because our contingent liabilities such as future Social Security payments, Medicare and government pensions are not even reflected in that figure.

Add up all these IOUs and it turns out that our actual financial obligations total more than $57 trillion!

Most people, even most economists, have a hard time understanding the implications of that massive indebtedness. It is destined to change everything around you! Right now, for instance, the news reports tell us that the United States government has had to come to the rescue of the huge lending institutions called Fannie Mae and Freddie Mac—financial institutions partially backed by the United States government that now have almost $6 trillion in mortgages on their books—many of which are in trouble…

So how will the U.S. government come up with the hundreds of billions of dollars to “rescue” these financial institutions?

Most honest investment experts acknowledge that it will be accomplished by simply “printing money.” In other words, the government is free to print money of any amount backed by essentially nothing except the good name of the United States government. “The Treasury’s effort is an ‘unmitigated disaster,’ according to famed investor Jim Rogers. Taxpayers will be saddled with debt if Congress approves the plan, he told Bloomberg. ‘I don’t know where these guys get the audacity to take our money, taxpayer money, and buy stock in Fannie Mae,’ Rogers said” (Charlotte Observer, July 15, 2008). Before long, foreign governments such as China, Japan, Germany and others will demand from within in this manner!

Think about it!

For many years, we have warned our American and British-descended readers that—unless there is a genuine repentance which brings our nations back to the ways of God—our Creator will begin to bring us down for our own good! Millennia ago, the Eternal God warned our forefathers that if they did not repent, “The alien who is among you shall rise higher and higher above you, and you shall come down lower and lower. He shall lend to you, but you shall not lend to him; he shall be the head, and you shall be the tail. 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” (Deut. 28:43-45).

Dear brethren and co-workers, these words are right now coming true before your very eyes! As God’s servant, I feel duty bound to warn you that it is truly time to “set your house in order”—even in a personal way. Though our government leaders do not seem to understand or be willing to act on what is happening, we must learn to do so personally. So I encourage every one of you reading this to begin to “tighten your belts,” to set aside adequate savings for the proverbial “rainy day,” and to seek God and His blessing and guidance in a special way in the months and years ahead.

Though there will be ups and downs along the way, this financial crisis we are in will not go away! And—as God has clearly prophesied—the incidents of terrible storms and alternating droughts, fires, earthquakes and increasing disease epidemics will grow worse and worse—unless there is a real repentance among our peoples such as has never taken place in modern times!…

But do not forget that your ultimate protection is from God and from Him alone. So do your part to set aside extra monies—and extra food, water, and emergency supplies as we have warned you before—but also do your part to pray for, encourage and support the very Work of God which is helping you understand the meaning of all these happenings around you.

The facts support the idea that the US and UK in particular are setting themselves up for a mighty fall because of debt. While Canada and Australia have a lot of natural resources currently benefiting their exports, they too are vulnerable, which also makes New Zealand vulnerable (it has too many ties with the other 4 nations). The entire co-worker letter is available at http://www.cogl.org/cgi-bin/cogl/coworker/cogl-coworker.cgi?action=view_coworker

One point that I would like to make has to do with Deuteronomy 28:43-45, which Dr. Meredith quoted. The Anglo-Saxon peoples of the US, UK, etc. simply have been so used to being “the head” that most have no idea that this situation will NOT last for too much longer. Other nations have long resented the current situation and when “push comes to shove” they feel that they are at least as entitled to be the head and that it is time for the Anglo-Saxon nations to be “the tail”.

The US dollar ultimately WILL COLLAPSE and Americans will starve to death and have other serious problems. And while the Anglo-Saxon nations are not likely to repent in mass, individually, you can.

Some articles of possibly related interest may include:

Physical Preparation Scriptures for Christians. We all know the Bible prophecies famines. Should we do something?
Baptism and the Early Church Was it by immersion? Did it include infants? What about repentance.
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies 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 ofthe 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?
Are You Saved? Do You Love Jesus? What is a True Christian? What is the Gospel? Evangelist Richard Ames answers those important questions.
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? When does the six thousand years of human rule end?