The UK’s Financial Times published the following:
US has been let down by its leadershipFinancial Times -A deal that extends unsustainable tax cuts for 98 per cent of Americans is no victory, writes Nouriel Roubini
The deal reached in Washington on New Year’s day prevented the US economy from falling off the so-called fiscal cliff. However, given the dysfunctional nature of the American political system, it won’t be long before there is another crisis.
Two months, in fact. If no action is taken by March 1, $110bn of spending cuts will commence. At about the same time, the US will hit its statutory debt limit, known colloquially as the debt ceiling.
That is only the beginning. Later in 2013, and not before time, a bigger debate on medium-term fiscal consolidation will begin. This will lead to another dispute between Republicans, who want to shrink the size of the federal government, and Democrats, who want to maintain it but are unsure how to pay for it…
In short, the “mini deal” on the fiscal cliff dodged all the important questions. By not including spending cuts in the deal, the Democrats have emboldened Republicans who are determined to slash taxes but lack a plan to pay for it. It is again up to Washington’s policy makers to fix the problem before the market does it for them. Tuesday’s deal suggests this will not happen with any ease.
Notice what the Bible warns about leadership:
12…O My people! 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).
Certainly, leaders in the USA are causing people to err. And it is not just happening with one political party in the USA. And while I do believe that one party has a better grasp of certain economic matters than the other, the reality is that none of them truly understand why all this is happening in the USA nor what really needs to be done about it.
The leadership of the USA continues to come up with arrangements the still result in debt for the USA.
According to the Bible, debt is a curse of disobeying God:
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. (Deuteronomy 28:43-46)
The destruction of the USA is coming and disobedience to various laws of God will be the reason. And most of the leadership of that nation does not understand this.
Some items of possibly related concerns may include:
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in 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 and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? 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?
Abortion, the Bible, and a Woman’s Right to Choose Do you know what the Bible teaches on this? Has the Roman Catholic Church allowed abortions? What about the real Church of God?
God Created Marriage Some falsely claim that God did not create marriage and that fornication is fine. What does the Bible really teach?
Why Marriage? Soon Obsolete? This is a booklet from Herbert Armstrong on this important topic.
Love, Marriage, and Sex It is important to get them in the right order.
The Bible Condemns Homosexuality “Same-sex marriage” for “gays” and lesbians is becoming more acceptable to many. What does the Bible teach about homosexuality? Can homosexuals change?
CG7 on Pornography This is an article excerpt from the Church of God, 7th Day-Denver about the pre valance of pornography.
British and American Moral Decay Public nudity is becoming more prevalent in the Anglo-lands. What are some of the consequences?
The Ten Commandments Reflect Love, Breaking them is Evil Some feel that the ten commandments are a burden. Is that what Jesus, Paul, Peter, James, and John taught?
Was the Commandment to Love the Only Command? Some have stated that John’s writings teach this, but is that what the Bible really says?
The Ten Commandments and the Early Church Did Jesus and the Early Church keep the ten commandments? What order were they in? Here are quotes from the Bible and early writings.
Barack Obama, Prophecy, and the Destruction of the United States 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?
Barack Obama, Prophecy, and the Destruction of the United States–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–Amazon Kindle edition.)