This site is made in honor of my Lord and Savior Jesus Christ who gave His life for me and whose blood has covered over my transgressions and thus reconciled me with the Father to whom forever be the glory!

This site contains pictures, videos, commentary, links, posts, writings,etc. meant to in one way or another, directly or indirectly lift up the Name, the ONLY name, under heaven, given to men, by which we must be saved, Jesus Christ.

The postings on this site are meant to provide the believer with uplifting testimony from the Spirit. If you are a believer and feel there is anything which may be perceived as detrimental to the cause and/or advancement of the Gospel, please let me know.

My personal writings are meant to inspire, instruct, and instill a grateful spirit, for I believe it is only right to give thanks to the One responsible for all things and to stay in constant contact with Him.

In addition, this site will in many ways help us to stay awake, as we await THE DAY! It is my firm belief that it is our generation that will come to see the events foretold and pre-ordained before the foundation of the earth spoken of through the prophets and to John, the beloved apostle who "testifies to everything he saw—that is, the word of God and the testimony of Jesus Christ" and whose unveiling declares that "Blessed is the one who reads the words of this prophecy, and blessed are those who hear it and take to heart what is written in it, because the time is near."

Like always, LET US REJOICE IN THE LORD, as we "await in eager expectation for the sons of God to be revealed."

AMEN.

Tuesday, August 21, 2012

Current Events-Economics

http://www.usatoday.com/money/economy/story/2012-08-03/us-debt-downgrade-one-year/56832980/1

"S&P sticks by its decision," said Chambers, the 56-year-old chairman of S&P's sovereign-debt rating committee. "Since the downgrade, our projection for the national debt as a percentage of the economy in five years has actually gotten worse."

 On June 8, S&P issued another warning: There's a 1-in-3 chance it will cut the U.S. rating again by 2014.


The downgrade teemed with frustration about Congress' inability to contain the deficit. Even the $2.2 trillion deficit-reduction deal Congress reached last year — about $1 trillion in spending cuts over 10 years plus another $1.2 billion in automatic cuts if the so-called supercommittee failed to recommend more deficit reductions — wasn't enough, S&P wrote. It warned that even the 2012 election might not produce the political will needed to rein in Medicare, Social Security and other entitlements.
"By then the government debt burden will likely be higher, the needed medium-term fiscal adjustment potentially greater," S&P said.

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