Uncle Sam is a man with a hole in his money Bag,
It Is A NINE Trillion Dollar Hole Like A Huge Black Hole,
Which sweeps material mammon into it to vanish Forever!
Man’s great acquired LOVE for mammon rather than its Creator
Is now moving into a prophetic era defined clearly as perilous Times,
I do wonder how few in this final generation are considering their Ways?
If there ever was a historical time the saved need to do so, the TIME is NOW!
Man can never get enough Mammon in this life to insure his happiness in Eternity!
August 26, 2009
http://www.tribulationperiod.com/
PLEASE CONSIDER THE FOLLOWING SCRIPTURES:
Haggai 1:5-7 – Now therefore thus saith the Lord of hosts; Consider your ways. [6] Ye have sown much, and bring in little; ye eat, but ye have not enough; ye drink, but ye are not filled with drink; ye clothe you, but there is none warm; and he that earneth wages earneth wages to put it into a bag w
ith holes. [7] Thus saith the Lord of hosts; Consider your ways.
Luke 16:10-15 – He that is faithful in that which is least is faithful also in much: and he that is unjust in the least is unjust also in much. [11] If therefore ye have not been faithful in the unrighteous mammon, who will commit to your trust the true riches? [12] And if ye have not been faithful in that which is another man’s, who shall give you that which is your own? [13] No servant can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other.
Ye cannot serve God and mammon. [14] And the Pharisees also, who were covetous, heard all these things: and they derided him. [15] And he said unto them, Ye are they which justify yourselves before men; but God knoweth your hearts: for that which is highly esteemed among men is abomination in the sight of God.
II Timothy 2:19 to 3:7 – Nevertheless the foundation of God standeth sure, having this seal, The Lord knoweth them that are his. And, Let every one that nameth the name of Christ depart from iniquity. [20] But in a great house there are not only vessels of gold and of silver, but also of wood and of earth; and some to honour, and some to dishonour. [21] If a man therefore purge himself from these, he shall be a vessel unto honour, sanctified, and meet for the master’s use, and prepared unto every good work. [22] Flee also y outh
ful lusts: but follow righteousness, faith, charity, peace, with them that call on the Lord out of a pure heart. [23] But foolish and unlearned questions avoid, knowing that they do gender strifes. [24] And the servant of the Lord must not strive; but be gentle unto all men, apt to teach, patient, [25] In meekness instructing those that oppose themselves; if God peradventure will give them repentance to the acknowledging of the truth; [26] And that they may recover themselves out of the snare of the devil, who are taken captive by him at his will. [1] This know also, that in the last days perilous times shall come. [2] For men shall be lovers of their own selves, covetous, boasters, proud, blasphemers, disobedient to parents, unthankful, unholy, [3] Without natural affection, trucebreakers, false accusers, incontinent, fierce, despisers of those that are good, [4] Traitors, heady, highminded, lovers of pleasures more than lovers of God; [5] Having a form of godliness, but denying the power thereof: from such turn away. [6] For of this sort are they which creep into houses, and lead captive silly women laden with sins, led away with divers lusts, [7] Ever learning, and never able to come
to the knowledge of the truth.
I Timothy 6:5-11 – Perverse disputings of men of corrupt minds, and destitute of the truth, supposing that gain is godliness: from such withdraw thyself. [6] But godliness with contentment is great gain. [7] For we brought nothing into this world, and it is certain we can carry nothing out. [8] And having food and raiment let us be therewith content. [9] But they that will be rich fall into temptation and a snare, and into many foolish and hurtful lusts, which drown men in destruction and perdition.
[10] For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows. [11] But thou, O man of God, flee these things; and follow after righteousness, godliness, faith, love, patience, meekness.
Psalm 2:1-12 – Why do the heathen rage, and the people imagine a vain thing
? [2] The kings of the earth set themselves, and the rulers take counsel together, against the Lord, and against his anointed, saying, [3] Let us break their bands asunder, and cast away their cords from us. [4] He that sitteth in the heavens shall laugh: the Lord shall have them in derision. [5] Then shall he speak unto them in his wrath, and vex them in his sore displeasure. [6] Yet have I set my king upon my holy hill of Zion. [7] I will declare the decree: the Lord hath said unto me, Thou art my Son; this day have I begotten thee. [8] Ask of me, and I shall give thee the heathen for thine inheritance, and the uttermost parts of the earth for thy possession. [9] Thou shalt break them with a rod of iron; thou shalt dash them in pieces like a potter’s vessel. [10] Be wise now therefore, O ye kings: be instructed, ye judges of the earth. [11] Serve the Lord with fear, and rejoice with trembling.
[12] Kiss the Son, lest he be angry, and ye perish from the way, when his wrath is kindled but a little. Blessed are all they that put their trust in him.
I Corinthians 2:9,10 – But as it is written, Eye hath not seen, nor ear heard, neither have entered into the heart of man, the things which God hath prepared for them that love him. [10] But God hath revealed them unto us by his Spirit: for the Spirit searcheth all things, yea, the deep things of God.
John 3:7 – Marvel not that I said unto thee, Ye MUST be born again.
John 6:62,63 – What and if ye shall see the Son of man ascend up where he was before? [63] It is the spirit that quickeneth; the flesh profiteth nothing: the words that I speak unto you, they are spirit, and they are life.
DON’T PUT YOUR TRUST IN MAMMON – PUT YOUR TRUST IN GOD’S SON
For Those of you who know Christ, yet consider ONLY a lack of money as Perilous Times, please consider these Scriptures:
Isaiah 29:6 – Thou shalt be vi sited
of the Lord of hosts with thunder, and with earthquake, and great noise, with storm and tempest, and the flame of devouring fire.
Luke 21:25-28 – And there shall be signs in the sun, and in the moon, and in the stars; and upon the earth distress of nations, with perplexity; the sea and the waves roaring; [26] Men’s hearts failing them for fear, and for looking after those things which are coming on the earth: for the powers of heaven shall be shaken. [27] And then shall they see the Son of man coming in a cloud with power and great glory. [28] And when these things begin to come to pass, then look up, and lift up your heads; for your redemption draweth nigh.
IT IS TIME TO CONSIDER YOUR WAYS!
Mark 6:50 – For they all saw him, and were troubled. And immediately he talked with them, and saith unto them, Be of good cheer: it is I; be not afraid.
UNBELIEVING ISRAEL – IT IS TIME TO CONSIDER YOUR UNBELIEF!
Matthew 23:37-39 – O Jerusalem, Jerusalem, thou that killest the prophets, and stonest them which are sent unto thee, how often would I have gathered thy children together, even as a hen gathereth her chickens under her wings, and ye would not! [38] Behold, your house is left unto you desolate. [39] For I say unto you, Ye shall not see me henceforth, till ye shall say, Blessed is he that cometh in the name of the Lord.
This is your last chance to rest under the wings of the Sun of Righteousness during the Age of the Gentiles!
Malachi 4:1,2 – For, behold, the day cometh, that shall burn as an oven; and all the proud, yea, and all that do wickedly, shall be stubble: and the day that cometh shall burn them up, saith the Lord of hosts, that it
shall leave them neither root nor branch. [2] But unto you that fear my name shall the Sun of righteousness arise with healing in his wings; and ye shall go forth, and grow up as calves of the stall.
John 5:39-41 – Search the scriptures; for in them ye think ye have eternal life: and they are they which testify of me. [40] And ye will not come to me, that ye might have life. [41] I receive not honour from men.
Begin Excerpt from The News & Observer
A $9,000,000,000,000 hole
The White House’s 10-year forecast sees monster deficits ahead.
BY JIM KUHNHENN, The Associated Press
August26, 2009
WASHINGTON – In a chilling forecast, the White House is predicting a 10-year federal deficit of $9 trillion — more than the sum of all previous deficits since America’s founding.
But before President Barack Obama can do much about it, he’ll have to weather recession aftershocks, including an unemployment rate that his advisers said Tuesday is still heading for 10 percent.
Overall, White House and congressional budget analysts said in a brace of new estimates that the economy will shrink by 2.5 to 2.8 percent this year even as it begins to climb out of the recession. Those estimates reflect this year’s deeper-than-expected economic plunge.
The grim deficit news presents Obama with both immediate and long-term challenges. The still fragile economy cannot afford deficit-fighting cures such as spending cuts or tax increases. But nervous holders of U.S. debt, particularly foreign bondholders, could demand interest rate increases that would quickly be felt in the pocketbooks of American consumers.
The White House Office of Management and Budget indicated that the president will have to struggle to meet his vow to cut the deficit in half in 2013 — a promise that earlier budget projections suggested he could accomplish with ease.
“This recession was simply worse than the information that we and other forecasters had back in last fall and early this winter,” said Obama economic adviser Christina Romer.
The deficit numbers also could complicate Obama’s drive to persuade Congress to enact a major overhaul of the health-care system, which could cost $1 trillion or more over 10 years. Obama has said he doesn’t want the measure to add to the deficit, but lawmakers have been unable to agree on revenues that would cover the cost.
What’s more, high unemployment is expected to last well into the congressional election campaign next year, turning the contests into a referendum on Obama’s economic policies.
Loud alarms
Republicans were ready to pounce.
“The alarm bells on our nation’s fiscal condition have now become a siren,” said Senate Minority Leader Mitch McConnell of Kentucky. “If anyone had any doubts that this burden on future generations is unsustainable, they’re gone — spending, borrowing and debt are out of control.”
Even supporters of Obama’s economic policies said the long-term outlook places the federal government on an unsustainable path that will force the president and Congress to consider politically unpopular measures, including tax increases and cuts in government programs.
“The numbers today portend the biggest budget fight we’ve probably had in decades in the United States,
” said Stan Collender, a former congressional budget official.
Bleak and bleaker
The summer analyses by the White House budget office and by the Congressional Budget Office reached similarly bleak conclusions. The CBO’s 10-year deficit figure was smaller at $7 trillion, but that is because it assumes that all tax cuts put into place in the administration of former President George W. Bush will expire on schedule by 2011. Obama’s budget baseline, however, hews to his proposal to keep the tax cuts in place for families earning less than $250,000 a year.
Both budget offices see the national debt — the accumulation of annual budget deficits — as more than doubling over the next decade. The public national debt, made up of amounts the government owes to the public, including foreign governments, stood Tuesday at $7.4 trillion. White House budget officials predicted it would reach $17.5 trillion in 2019.
Congressional Budget Office Director Douglas Elmendorf said that if Congress doesn’t reduce deficits, interest rates are likely to rise, hurting the economy. But if Congress acts too soon, the recovery could be thwarted.
“We face perils in acting and perils in not acting,” Elmendorf told reporters.
David Walker, former head of the Government Accountability Office, said the numbers illustrate the need for a national commission that would review spending and taxing options and present lawmakers with a deficit reduction plan that Congress could approve or reject.
“We’re going to have to do a hard course correction once we turn the corner on the economy,” Walker said.
A fatter stimulus
Both Romer and Obama budget director Peter Orszag said this year’s contraction would have been far worse without money from the $787 billion economic stimulus package that the president pushed through Congress as one of his first major acts.
At the same time, the continuing stresses on the economy have, in effect, increased the size of the stimulus package because the government will have to spend more in unemployment insurance and food stamps, Orszag said. He said the cost of the stimulus package will grow by tens of billions of dollars above the original $787 billion.
The government was also strongly suggesting that business should get general liability insurance for contractors, because it would seem that we’ve had a wave of people that are looking to lure businesses into expensive and drawn out legal cases in order to profit from a settlement. It would seem it is not yet known if these people are part of a group or organization, or working individually.
Orszag, anticipating backlash, conceded that the long-term deficits are “higher than desirable.” The annual negative balances amount to about 4 percent of the gross domestic product, a number that many economists say is unsustainable.
But Orszag also argued that overhauling the health system would reduce health-care costs and address the biggest contributor to higher deficits.
“I know there are going to be some who say that this report proves that we can’t afford health reform,” he said. “I think that has it backward.”
All rights reserved. This copyrighted material may not be published, broadcast or redistributed in any manner.
Big pile of dough
It used to be the government’s budget picture was measured in billions of dollars. No longer. Trillions, that’s the yardstick of the 21st century.
In 1981, the trillion dollar figure was such a novelty that President Ronald Reagan declared it incomprehensible. “If you had a stack of thousand-dollar bills in your hand only 4 inches high, you’d be a millionaire,” the president said then. “A trillion dollars would be a stack of thousand-dollar bills 67 miles high.”
•Today, the government faces nearly a $1.6 trillion deficit in the fiscal year that ends Sept. 30, according to government budget officials.
•It faces a cumulative 10-year deficit of about $9 trillion. That’s $30,000 for each man, woman and child in the United States.
•Its publicly held debt is projected by the White House budget office to total a whopping $17.5 trillion by 2019 — a figure so big it is three-quarters of the nation’s entire economy — and big enough that it would send Reagan’s stack of thousand-dollar bills into satellite orbit.
The Congressional Budget Office and the White House Office of Management and Budget had some other numbers to ponder:
•The unemployment rate will peak in coming months at 10 percent, but will begin to drop in 2010, according to the White House. CBO says it will be slightly worse, averaging 10 percent for all of 2010.
•The recession will cause the economy to contract 2.8 percent this year, the White House said, more than doubling its prediction from earlier this year. Both government agencies expect the economy to grow next year by 1.7-2 percent and continue expanding in 2011 at a 3.5 percent clip.
The Associated Press
FAIR USE NOTICE: This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more detailed information go to:
http://www.law.cornell.edu/uscode/17/107.shtml.
You may use material originated by this site. However, if you wish to use any quoted copyrighted material from this site, which did not originate at this site, for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner from which we extracted it.