Senator Simpson warns of ‘failed presidency’ because of debt

“I will break the pride of your power” (Leviticus 26:19)

Former Senator Alan Simpson is concerned that the debt “can” continues to be “kicked down the road” and will result in a failed presidency for Barack Obama. This is also a concern for former White House Chief of Staff Erskine Bowles:

February 19, 2013

One of the leaders of President Obama’s discarded deficit-reduction commission warned Tuesday that Obama “will have a failed presidency” unless he deals “honestly” with entitlements, as he and his Democratic counterpart pushed Washington to once again come up with a bigger and better fiscal deal.

Former Republican Sen. Alan Simpson warned that programs like Medicare and Social Security must be dealt with in order to get the country on a sustainable path.

They spoke as Obama prepared to make yet another call for Congress to avert imminent spending cuts…

Simpson and Erskine Bowles, the former co-chairmen of the president’s deficit-reduction commission who for years have been urging Washington to stop kicking the can, got in front of the president early Tuesday morning to push a plan of their own.

“Over the medium and long-term, our debt is projected to continue growing faster than the economy. It is simply on an unsustainable path,” they said in a statement. http://www.foxnews.com/politics/2013/02/19/obama-renewing-call-to-use-tax-increases-to-help-avert-spending-cuts/#ixzz2LMEpUwME

February 19, 2013

Congress faces a March 1 deadline to find an alternative to $85 billion in widespread spending cuts from defense and social programs, which threaten to slow economic progress.

WASHINGTON — Congress must replace upcoming “dumb” across-the-board budget cuts with targeted spending cuts and sweeping changes to tackle the nation’s debt without restricting economic growth, the former co-chairs of President Obama’s debt commission say in a revamped bipartisan proposal for fiscal restraint.

Erskine Bowles, Bill Clinton’s former chief of staff, and former senator Alan Simpson, a Republican from Wyoming, were scheduled to appear at a Washington breakfast hosted by Politico on Tuesday to promote their renewed call for fiscal restraint under the banner of the Campaign to Fix the Debt.

The looming cuts, called a “sequester,” will cut defense and social programs across the board starting March 1 — a consequence that threatens to slow economic growth and cost jobs. The White House argues that the sequester will impact the nation’s security as well as programs that help the most vulnerable Americans. http://www.usatoday.com/story/news/politics/2013/02/18/bowles-simpson-debt-sequester-budget-plan-politico/1928819/

WASHINGTON—President Barack Obama on Tuesday prodded Congress to act to avoid automatic spending cuts set to kick in March 1, pressing a plan for targeted spending cuts and tax increases.,,The president has pressed Congress to temporarily delay the $85 billion in federal spending cuts scheduled to begin March 1, known as sequestration, urging lawmakers to pass a smaller package of spending cuts and tax increases. But many Republicans have rejected his calls to raise more revenue. http://online.wsj.com/article/SB10001424127887324449104578314113835559092.html

The debt problem in the USA is more serious than what some may consider a failed Obama presidency. It will help lead to the destruction of the USA according to Bible prophecy.

Lest this seem to be a partisan post, notice that while Senator Simpson is a Republican, Erskine Bowles is a Democrat. I also wish to add that US President Obama himself, about four years ago, also called the increase in US debt “unsustainable” (though it has increased at a faster rate in his four years than the four-year term of any other president–it should also be noted that it was increasing a lot the last year of the last President Bush’s term).

The Bible teaches the following about leaders and end time destruction:

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).

14 ‘But if you do not obey Me, and do not observe all these commandments, 15 and if you despise My statutes, or if your soul abhors My judgments, so that you do not perform all My commandments, but break My covenant, 16 I also will do this to you: I will even appoint terror over you…19 I will break the pride of your power…30 I will destroy your high places, (Leviticus 26:14-16,19,30)

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).

The nation with the greatest debt of all time is the United States of America, and on a per capita basis may be the United Kingdom of Great Britain and Northern Ireland (and they are close if not the per capita debt leader).

It is the the United States and its Anglo-allies that have loaded pledges of debt in these end times that they really do not expect to pay back. In that respect they have recently plundered many nations. And while much is owed to nations such as China, Japan, and the Arab World, the Europeans have trillions of dollars invested in the USA–money they may be disappointed to have devalued. Enough so that they may divide the land among themselves and other creditors.

The debt problems in the USA are bigger than most Americans realize.

And even though some in the world and the USA are starting to notice this, the time will come when the creditors of the USA will rise up quickly and the USA will be taken over (Habakkuk 2:6-8). But this will not happen until after Barack Obama’s second presidential term ends.

To learn more, please check out the following articles:

Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, 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?
Will the Anglo-Nations be Divided? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people?
Who is the King of the West? Why is there no End-Time King of the West in Bible Prophecy? Is the United States the King of the West?
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.