Interesting and factual article in USA Today concerning our national debt of over $21 trillion and annual deficits approaching $1 trillion. Unsustainable. Prepare.
My Summary Notes for Radio Interview… 7 things to remember
I don’t know what the financial news is going to be several days after I write this article, but the last three days have been headline news.
Dow Jones Down 358, Down 531, Down 588.
This morning (August 24, 2015) I received a phone call from a radio station asking me to be a guest on their program to discuss the current economic news. Below you will find a summary of what I communicated:
New website page: Quick-links to helpful data. National debt numbers as of yesterday, amount paid in interest for national debt each month/year, average interest rate on national debt, U.S. budget allocations, history of GDP, monetary base chart, how much we owe foreign nations, SS worker to beneficiaries ratio history, food stamp numbers, who pays taxes, helpful articles, video, plus much more…
Every day we see the condition of a nation that has turned away from God. I don’t need to list everything going on in our nation – you already know the list.
I would like to offer four exhortations:
1. Don’t let all the negative news consume your time and thinking. Yes, we absolutely need to be informed about what is going on in the world, but that can be done by watching a thirty-minute news cycle once a day or reading an informative book on a topic. Hours of negative news input is not good for your mind, heart and soul. And remember God’s Word teaches us that in the end we win.
You can purchase American Silver Eagles online or at a local gold/silver store.
First, let’s explore several of the online options to consider (see links below). It is your responsibility to do your due diligence before you make a purchase. (I have no financial or personal relationship with any of the companies listed.)
Most American Silver Eagles will be selling $1.50 to $3.00 over the spot price for one ounce of silver (subject to change).
5-6 pm March 27th. 91.3 FM Dallas, TX and live streaming at KDKR.org Call in and join the discussion.
If you missed the program go to http://www.livetheword.org for archive.
A few days ago President Obama presented his $4 trillion budget for FY 2016. OK, the actual amount was $3.999 trillion. But, let’s go ahead and call it $4 trillion. The projected deficit is $474 billion (revenues – expenses). That means we are overspending $1.3 billion every day, $9.1 billion every week and just under $40 billion every month. The federal government will add another $474 billion to our current national debt of $18.1 trillion as of February 1, 2015.