Eric Allie Cartoon
It can be argued that the policies of the George W. Bush administration drove the U. S. economy into the ditch. But the Obama administration’s policies and legislation not only did not do much to keep the economy from getting out of the ditch, but pretty much blew the economy up while in the ditch.
Our Country’s credit is experiencing a downgrade for the first time. I know our Treasury Secretary, Timothy Geithner said that this would not happen. I also heard other Democrats and some Republicans say the same thing, but it did happen. The everyday citizen could feel the effects of the downgrade through higher monthly mortgage and car note payments and from bad to worse unemployment situation. Internationally, I am not going over board in saying catastrophic!
Those whose Savior is Jesus Christ, PRAY for the healing of our economy and everything else that hurts this country. Some are ridiculing Texas Gov. Rick Perry for his call to prayer event. I am not. Our country is in a deep crisis and we need to go to the Lord in Prayer.
I had to suffer being knocked off-line for a few days. During that time, I have watched and listening to all the back and forth and political posturing coming from the Obama administration and the congressional Democrats and Republicans. Regardless of where you are in the political realm, I hope those saved by the blood of Jesus Christ are praying for this country’s debt crisis.
If we go into default, not only will we it affect this country negatively around the world, but here there would be a rise in interest rates propelled by a fall in the number of bidders for new Treasury bonds. This would affect higher costs in home mortgages, student loans, credit cards and auto loans. Could you afford for your mortgage rates to go higher. If you think the foreclosures are bad now, well you have not seen anything yet. It also would increase the federal deficit by raising interest rates on the debt. Read more here. Christians please pray.
Posted in Christian, Country, Economy, Political, United States Of America
Tagged Christian, Deficit, Democrat, Economy, Government, Republican, United States of America
Happy Birthday to the U. S. A. It is not perfect, but it is the best at 335 years of age. I thank the Lord and continue to pray for this country.
Blessed is the nation whose God is the LORD, The people He has chosen as His own inheritance.
Posted in Christian, Country, Events
Tagged America the Beautiful, Bible Scripture, Celebration, Christian, Country, Holiday, Music, Psalm 33:12, Ray Charles, United States of America, Videos