Obama Asks for $1.2 Trillion More Debt

COGwriter

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Obama requests $1.2T increase in debt ceiling

12 January 2012 WASHINGTON –  President Obama is kicking off 2012 with an uncomfortable but inevitable request — for Congress to permit another $1.2 trillion increase in the debt ceiling.

With the U.S. debt at about $15.2 trillion, it is now estimated to be larger than America’s entire economic output. The proposed increase would boost the debt ceiling to $16.4 trillion, which should be enough to allow the government to keep borrowing until the end of 2012, or just after the presidential election.

While this increase request was expected, the Bible shows that increasing debt is dangerous:

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 above prophecy will be fulfilled at the time of the end (cf. “The message was true, but the appointed time was long…in the latter days, for the vision refers to many days yet to come,” Daniel 10:1,14).

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 now $1.2 trillion more debt is requested with no realistic way to properly pay it back.

The consequences will not be good.

While your nation probably will not repent (Anglo or otherwise), you can. Do not wait until it is too late.

Several articles of possibly related interest may include:

Prophecies of Barack Obama? This article has eight reasons why Barack Obama is apocalyptic and eight reasons why Barack Obama is not the Antichrist. It includes many biblical and non-biblical prophecies, from around the world, that seem to discuss Barack Obama. Did Nostradamus predict Barack Obama dealing with the Antichrist? Might Barack Obama set the stage for the kings of the North and South as at least one Shiite prophecy suggests? This is the longest and most complete article at the COGwriter website on Barack Obama prophecies. Read it and decide for yourself if President Obama seems to be fulfilling various prophecies.
Barack Obama, Prophecy, and the Destruction of the United States
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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? What will happen to 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?
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?
Does God Have a 6,000/7,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? What year may the six thousand years of human rule end? When will Jesus return? 2018 or 2019?
Can the Great Tribulation Begin in 2012, 2013, or 2014? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord?
End of Mayan Calendar 2012–Might 2012 Mean Something? Are there Mayan calendar predictions for change in 2012? Changes were centuries ago predicted by the Hopi Native Americans. Do Mayan/Hindu/Hopi/Buddhist/New Age/Nostradamus prophecies have any value here? Why might Satan have inspired this date? Does the Dresden codex show destruction of the earth by flood? Can the great tribulation start before 2012? How might Barack Obama be involved in 2012?



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