The U.S. government is borrowing 700 billion more dollars to bail out the greedy, incompetent Wall Street banking houses with all their “bad mortgage-backed securities.”
Congress “would boost that debt limit to $11.3 trillion…The government is already spending more than $400 billion a year just to pay interest on the national debt,” according to the Associated Press last Sunday.
How is the federal government paying this interest? We the people pay it! They strongarm us, using the thugs at the IRS, collecting income taxes to pay the interest on the money they borrowed without our okay. This is proof positive that we are not living in a democracy; we live in a republic.
Let’s try to look at all this from a biblical vantage point. The scriptures say that “the borrower is servant to the lender” (Proverbs 22:7). Our government is the borrower. Therefore, it is a servant of the international bankers who lend them the money. It does not serve the people of the United States as the Founding Fathers envisioned. Our government serves the bankers at the Fed.
It is supposed to be a government “of the people, by the people, and for the people.” But it is not for us; it is for the bankers because it serves them. The people get the crumbs, for you cannot serve the people and serve the bankers at the same time. We, the people have been betrayed by dark nefarious forces (see more on this at https://immortalityroad.wordpress.com/2008/07/02/the-old-serpent-deceiveth-the-whole-world/ ).
Instead of a country that was in reverential awe of God, we all now vicariously serve a few rich banking families because our government has borrowed from them.
The noose on our way of life is tightening. This past week was called by many, “Staring into the abyss.” I call it stumbling blindly into the abyss. Life as we know it is slip-sliding away as we get ever closer to a total economic collapse.
There are many passages in the Bible warning God’s people about hard times if they “grow fat and forget God.” I believe that this is what all this is about. He allows this to happen so that we will cry to Him for deliverance. He is the Savior and Deliverer, after all. He’s just waiting for us to realize that we need to be delivered.
The best advice I can give as far as the earthly angle is concerned:
- Don’t depend on governmental agencies
- Get out of debt
- Put back two month’s salary as an emergency fund
- Put away some precious metals
- Cut unnecessary spending
- Pay off car or truck and drive it ten years
- Love each other
- Forgive each other
- Pray and study Kenneth Wayne Hancock