national debt
Destruction By National Debt
Monday, September 21st, 2009 | Economy and the Christian, Politics and the Christian, Spiritual Warfare | 1 Comment
Scripture says, “The rich ruleth over the poor and the borrower is servant to the lender” (Proverbs 22:7). A welfare economy is a slave economy. Debt is a slave’s chains whether they bind the individual or the nation. The anti-American revolutionary knows the capitalist American system cannot endure massive taxation and crushing debt. Sooner or later the system will collapse. It appears we are dangerously facing our day of reckoning… Keep Reading
Are We Becoming Irish?
Wednesday, February 18th, 2009 | Christian Life and Culture, Economy and the Christian, Politics and the Christian, Recession Freedom Strategies | 1 Comment
Are we becoming Irish? I was in Ireland in the 90’s and met some wonderful people. The country is beautiful and they have a national gift of hospitality. Today, however, they have some serious economic problems. According to the folks over at Everbank.com, “Ireland’s external debt, at $1.8 trillion, equals 900% of the country’s $200 billion GDP. The United Kingdom’s external debt of $10.5 trillion equals 456% of its $2.3… Keep Reading
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