This is an old saying, but one that applys to the events of the day.
If a family or business, on a year in year out basis makes $60,000 and spends $100,000, the end will come soon. For our nation our payday for years of abbusive, almost unlimited spending practices is now upon us.
For every $1.00 that the Federal government spents, it borrows $.40. That borrowing comes in the form of printing more cash or issuing more Federal Notes that are depressing the value of every asset that the general populous has worked hard to accumulate.
"Someday" is upon us.
Citizens must demand major cuts in spending by the Government. A reduction in the size of Government in the neighborhood of 40% will be required to repaid the problems.
We must start now Praying for a Miracle in America. A "Third Great Awakening" would be GREAT.
Praying for a Miracle, Gary W. Phillips
Friday, August 26, 2011
Friday, August 5, 2011
They Just Don't Get It
Well it's just another confirmation that politicians just don't get it. Even many of the newly elected representatives crumbled at the end and voted to expand the Debt Ceiling. They must stop blinking, hold their ground and live by time honored principles.
The market responded with a major sell off amounting to a 1,000 point fall in the Dow Jones Industrials. Many Americans have been hurt financially this week after the Congress and Senate refused to hold the line on Debt and Spending.
The Federal Government borrows 40 cents of every dollar it spends. This is just not acceptable. Americans are fed up with this practice. They are holding us and our children's futures hostage for the short term gratification of the love of money, lots of money.
Who will stand in the gap? Where are the prophets crying out for and demanding change in our land.
I am praying for a Supernatural Intervention now. We need an intervention from Almighty God to intercept this run away government.
"God revive Your people and change the lives of multitudes in America, put us on a new path, stop the insanity and restore Biblical order to this land. In Jesus Name, Amen"
Praying for a Miracle, Gary W. Phillips
The market responded with a major sell off amounting to a 1,000 point fall in the Dow Jones Industrials. Many Americans have been hurt financially this week after the Congress and Senate refused to hold the line on Debt and Spending.
The Federal Government borrows 40 cents of every dollar it spends. This is just not acceptable. Americans are fed up with this practice. They are holding us and our children's futures hostage for the short term gratification of the love of money, lots of money.
Who will stand in the gap? Where are the prophets crying out for and demanding change in our land.
I am praying for a Supernatural Intervention now. We need an intervention from Almighty God to intercept this run away government.
"God revive Your people and change the lives of multitudes in America, put us on a new path, stop the insanity and restore Biblical order to this land. In Jesus Name, Amen"
Praying for a Miracle, Gary W. Phillips
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