On the March 23, 2009 edition of Fox News Special Report, Washington Correspondent ran the following report:
[Video of Barack Obama]: “These investments are not a wish list of priorities that I picked out of thin air – they are a central part of a comprehensive strategy to grow this economy by attacking the very problems that have dragged it down for too long: the high cost of health care and our dependence on foreign oil; our education deficit and our fiscal deficit.” [End video]
Much of the federal budget every year is already committed for the poor and elderly, such as Medicare and Medicaid. Add soaring interest payments on all this borrowing, and a few years from now, it’s slim pickings for all the other spending.
Says Josh Gordon of the Concord Coalition, “If you look out 10 years at the budget: Social Security and Medicare, Medicaid and net interest takes up about 70% of the budget – just in ten years.”
Leaving only a third of the entire budget for everything else, including defense, education, energy, and all other programs. That’s the predicament created by all this borrowing now. And that doesn’t even include all those unfunded promises for all those baby boomers about to retire.
When one counts “all those unfunded promises for all those baby boomers” such as Social Security, the actual federal deficit soars to the hysterically-giggling figure of $65.5 trillion, which is more than the GDP of all the world’s economies combined.
This is no longer about wondering whether you will one day get to enjoy your Social Security benefits in the future. Of course you won’t! This is about whether there will even still be a United States of America in the future.
One has to wonder if our nation and our economy is like a headless chicken that is somehow still running around, but you really ought to know it can’t for very much longer.
WASHINGTON – President Barack Obama’s budget would produce $9.3 trillion in deficits over the next decade, more than four times the deficits of Republican George W. Bush’s presidency, congressional auditors said Friday.
In the words of The Wall Street Journal:
“The budget more than doubles the national debt held by the public, adding more to the debt than all previous presidents — from George Washington to George W. Bush — combined.”
We can’t go on like this. Any fool ought to see that.
But the man we elected to be our president can’t. He sees only government spending on top of more government spending – like a Jenga game where you keep pulling money out of our economy and stacking it on top for future spending until the whole thing comes crashing down (I thank Glenn Beck for that illustration).
Barack Obama is compiling $10 trillion of debt (“By CBO’s calculation, Obama’s budget would generate deficits averaging almost $1 trillion a year of red ink over 2010-2019″) – and he’s still going strong. As the quote at the top of this article indicates, Obama is determined to go through with yet more massive spending on health care, on education, and on “alternative energy” – all in the name of resolving our economic crisis (see this if you believe Obama’s rhetoric). Like all the fascist leaders of the past before him, Obama is using the crisis of the day as an opportunity to ram home his radical agenda.
All the while the Russians and the Chinese – who tried their own versions of Obama’s socialism and paid the consequences in the past – literally plead for him to stop. But there’s no stopping this freight train to hell we’re on. And this country voted for it.
I tell you what, I now believe more in the literal understanding of the Bible than I ever have before. The Bible describes a time of economic and international catastrophe such as the world has never before seen.
And into this scenario would come the beast, also known as the antichrist, who would ride in on a white horse and – apparently for a time – solve all of our problems. He will be such a magnificent figure that the whole world will worship him.
We are on the brink of what the Bible describes as the Apocalypse. It will end with Armageddon, just as the Bible said it would. In 520 BC, the prophet Zechariah wrote, “And it will come about in that day that I will make Jerusalem a heavy stone for all the peoples; all who lift it will be severely injured. And all the nations of the earth will be gathered against it” (Zechariah 12:13). He didn’t know about oil, or that one day Islam would build its own holy site right on top of the Temple Mount and claim the region for itself, or anything about modern political intrigue. But God did. Ezekiel also perfectly described the coalition that is in the process of being gathered right now against Israel in chapters 37 and 38 in his book. Ezekiel didn’t know about modern Russia or about Islam or about any coalition of Islamic states, but God did.
And, of course, God also knew that one day China would attack the Middle East with an army of 200 million men at a time when there weren’t 200 million human beings on the entire planet (see Revelation 9:13-16; 16:12).
Today, Iran – under the international protection of Russia – is being allowed to build nuclear weapons and the missile systems to deliver them. Beginning back in April of last year, I began stating that Obama would be weak on Iran. I have no doubt that many others arrived at that conclusion far earlier still. By May, I was categorically predicting that (with explanation why) Iran would be allowed to successfully build its nuclear weapons program if Obama was President. And now, here we are: after years of liberal pooh-pooing George Bush’s threat assessment of Iran’s growing nuclear capability, we find out that Iran has enough material to build not one but fifty nuclear bombs – and the Obama administration doesn’t even have the moral courage to use the word “terrorist,” much less to boldly confront Iran.
A nuclear-armed Iran – especially with a United States weakened by insane spending and further weakened by massive reduction in spending in defense – will become bolder and bolder in carrying out its radical Islamist jihadist agenda. A nuclear-armed Shiite Iran will stimulate a nuclear arms race among its Sunni rivals. And a nuclear arms race in the craziest region in the history of the world is a guarantee of Armageddon.
The Wall Street Journal recently noted that:
Mr. Obama’s $3.6 trillion budget blueprint, by his own admission, redefines the role of government in our economy and society. The budget more than doubles the national debt held by the public, adding more to the debt than all previous presidents — from George Washington to George W. Bush — combined. It reduces defense spending to a level not sustained since the dangerous days before World War II, while increasing nondefense spending (relative to GDP) to the highest level in U.S. history. And it would raise taxes to historically high levels (again, relative to GDP). And all of this before addressing the impending explosion in Social Security and Medicare costs.
This domestic and foreign agenda is exactly what liberals wanted; and now it will be exactly what sends the U.S. and the world into apocalypse and Armageddon.
I read the news, and all I have to say is that you had better get religion, because the beast is coming.