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Friday, February 26, 2016

GLOBAL FINANCIAL CRISIS: 2.26.16 - Tick Tock the prophetic Debt Clock


Tick Tock the prophetic Debt Clock - Bill Wilson - www.dailyjot.com
 
In this day of political speak, there are many issues that Americans face as the consequences of selecting bad leaders. The presidential debate has been focused on illegal immigration. This issue has people divided in their political parties as well as in their churches. Liberals and progressives (socialists) believe that the borders should be open to give opportunity to all. Conservatives believe there should be control of the borders because America is facing a costly invasion. The argument goes on and on. But there is one issue looming as a dark cloud over the country that if it is not addressed, there will be great and terrible consequences suffered by American citizens. A prophetic people must arise and boldly speak.
 
Sending jobs overseas, expanding government, allowing illegal immigration, and fighting decades of wars against Islam, has accelerated government spending to never before seen levels. There is a heavy cost to taking care of people who do not pay taxes, do not have jobs, or can't find jobs. An article in Bloomberg points to a recession: "As economists size up the chances of the first nationwide slump since 2009, pockets of the country are already contracting. Four states -- Alaska, North Dakota, West Virginia and Wyoming -- are in a recession, and three others are at risk of prolonged declines, according to indexes of state economic performance tracked by Moody's Analytics."
 
This could be just the tip of the iceberg that loomed beneath the waters in a "Titanic"-like situation. While the politicians in Washington are partying at the expense of the American taxpayer, the good ship America is about to face the consequences. USDebtclock.org keeps a running tally of government spending and the debt owed by each citizen. At the time of this writing, the US national debt is $19.026 trillion and is rising at a rate of $800,000 per minute. As a taxpayer, your share of this debt is $159,034. Student loans, credit card debt and mortgage debt averages about $54,000 per citizen. There is a lot of debt in this country. The consequences of it occur when those debts can no longer be serviced.
 
People will call it God's judgment for America's sins. Let us be careful to not blame God when we ourselves brought on the consequences of bad stewardship by electing leaders who do not follow the criteria found in Exodus 18:21: "...able men, such as fear God, men of truth, hating covetousness." No one of this current generation has faced an economic depression such as that of a little less than 100 years ago. We need wise and God-fearing leadership to guide us through these unchartered waters. As a prophetic people in a prophetic time, we need to make sure that our own houses and families are in order--not in fear, but in order. And we should be prepared to shine the light of Christ into the darkness because many will be seeking when the times get tough.
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