Sign in or signup

5,328 active users!!Bandwidth
SUNDAY
SEP 25, 2016
Home
NewsSITE
Events & Blogs
New Audio & Video
BroadcastersNew Stuff!
Local Church Finder
Webcast LIVE NOW!
Sermons by Bible
Sermons by Topic
Sermons by Speaker
Sermons by Date
Staff Picks
CommentsALL -1 hrs
Top Sermons
VideosPDFs
Daily Log
PhotosNew Stuff!
Stores
Online Bible
Hymnal
Daily Reading
Our Services
Submit Sermon
Members Only

Breaking News Home | All | Religion | Society | Tech | Choice | FF | SA News
FRONT PAGE  |  9/25/2016
SATURDAY, OCT 19, 2013  |  12 comments  |  1 commentary
U.S. debt jumps a record $328 billion — tops $17 trillion for first time
U.S. debt jumped a record $328 billion on Thursday, the first day the federal government was able to borrow money under the deal President Obama and Congress sealed this week.

The debt now equals $17.075 trillion, according to figures the Treasury Department posted online on Friday.

The $328 billion increase shattered the previous high of $238 billion set two years ago.

The giant jump comes because the government was replenishing its stock of “extraordinary measures” — the federal funds it borrowed from over the last five months as it tried to avoid bumping into the debt ceiling. ...


CLICK HERE to Read Entire Article
www.washingtontimes.com

|  FOCUS  |  Audio commentaries on this news item | more..
The National Debt • 280+
Trevor Hammack | Victory Baptist Church
Play! | RSS

Response to economic crisis?
  START  
  Recommended sermons | more..
•  Biblical Economics • Pastor John MacArthur | 6/15/2010
•  Covetousness, Sin of Our Time • Dr. Stephen Jones | 2/17/2006
•  Is My Name Demas • Dr. Bob Jones III | 1/12/2007

   03/14/15  |  Another One Bites the Dust • 2 comments
   03/11/15  |  God Doesn't Want Matt Chandler to be Your Pastor • 21 comments
   01/08/14  |  Christian Post: Warning, this article may offend many Christians • 93 comments
   01/01/14  |  Michelle Obama praises lesbian TV anchor • 17 comments
   12/29/13  |  U.S. Slams 'Conservative Gender Norms' • 377 comments
MORE RELATED ( ) NEWS | MORE..
   09/25/16  |  Do ‘White Lives Matter’ in Charlotte? • 6 comments
   09/25/16  |  Five dead in shooting at Washington state mall • 7 comments
   09/24/16  |  Ted Cruz endorses Donald Trump • 25 comments
   09/24/16  |  North Korea: Christians Crucified, Burned, Steamrolled in... • 8 comments
   09/23/16  |  Christian Church Responds to Opening of Satanic Temple HQ in... • 8 comments
OTHER CHOICE NEWS | MORE..
   09/23/16  |  Feedback Friday for 09-23-16
   09/18/16  |  SermonAudio Tip: To reach the world, we need your help!
   09/16/16  |  Feedback Friday for 09-16-16
   09/09/16  |  Feedback Friday for 09-09-16 • 1 comments
   09/02/16  |  Feedback Friday for 09-02-16 • 1 comments
MORE SPECIAL | MORE..
   09/25/16  |  Major Newspaper Takes A Hit After Endorsing Hillary Clinton • 4 comments
   09/25/16  |  Do ‘White Lives Matter’ in Charlotte? • 6 comments
   09/25/16  |  Pope urges 'sincere dialogue' between Christians and Muslims • 14 comments
   09/25/16  |  Five dead in shooting at Washington state mall • 7 comments
   09/25/16  |  Internet Freedom and Supreme Court Are Keys to Cruz Endorsement... • 9 comments
OTHER RECENT NEWS | MORE..
COMMENTS | show all | add new  
    Sorting Order:  
· Page 1 ·  Found: 12 user comment(s)
News Item10/21/13 5:13 PM
Neil | Tucson  Find all comments by Neil
Kyle wrote:
You know the without federal debt a positive net savings rate is not possible, right? Do you know how our monetary system works?
I don't understand why you say that's impossible, so no, I suppose I don't understand how it works. Whose savings are you referring to?

My observation is simply that we have a cultural consensus that debt is a good thing, or at least tolerable, but I dissent. Am I mistaken here?

12

News Item10/21/13 4:32 PM
Kyle | Tucson  Find all comments by Kyle
You know the without federal debt a positive net savings rate is not possible, right? Do you know how our monetary system works?
11

News Item10/20/13 1:02 PM
Neil | Tucson  Find all comments by Neil
Debt is the American Way of Life, & it's What the People Want. This is clear in the public, commerical, & private spheres.

Recently we've been seen ads warning how terrible it would be if Congress revoked the tax deduction on mortgage interest, a relatively minor issue by comparison. Poor little Johnny would have no home to sleep in ! Unsurprisingly, these were sponsored by the real-estate lobby.

I wish I could hide from my foolish fellow Americans somehow, per. Prov. 22:3, so I'll not have to suffer from their stupidity.

10

News Item10/19/13 10:25 PM
Anne | The Wild West  Find all comments by Anne
Harry Leeson, T-bills, notes and bonds make up a percentage of debt, obviously. But total US debt also includes things like our now decrepid housing market (thanks Freddie and Fannie) and other personal debt, plus private corporation debt. Just our national debt totals are painfully misleading - they don't take into account Social Security and Medicare payments (just the trust funds only and those are rather easily manipulated) and some other government securities. It's actually far, far worse than the $17-whatever-trillion they mention in this article.

And, sadly, if the government finds something else to do with the money than pay off EE bonds, don't think for a second they love you that much!

9

News Item10/19/13 8:39 PM
Harry Leeson  Find all comments by Harry Leeson
Anne wrote:
According to the national debt clock, each taxpayer now owes over $134,000 to our illustrious government leaders!
penny wrote:
the great irony -- those who are wracking up the debt are the ones we owe the debt to?
No, the money is owed to those who hold US government bonds.

I have a significant amount of them, and they provide a nice steady income and well secured nest egg. Thanks.

8

News Item10/19/13 9:45 AM
penny  Find all comments by penny
the great irony -- those who are wracking up the debt are the ones we owe the debt to?
7

News Item10/19/13 8:41 AM
Will | Mississippi  Find all comments by Will
Of course we are going to fix the national debt. If we run the the number up high enough then surely those to whom we owe money will simply stop counting and forget right? And even computer systems can only count so high...
6

News Item10/19/13 8:19 AM
Mike | New York  Find all comments by Mike
John UK wrote:
I guess someone forgot how to budget. Mind you, as a peasant, I've only been debt-free since becoming a Christian, seeing things much more clearly. The policy is quite simple, if I ain't got the dosh, I don't spend it.
What? You mean you don't simply raise your debt ceiling, like fools in Washington do?
5

News Item10/19/13 8:07 AM
Anne | The Wild West  Find all comments by Anne
According to the national debt clock, each taxpayer now owes over $134,000 to our illustrious government leaders! Let me just start digging through my couch cushions, I am sure I can come up with something...
4

News Item10/19/13 6:52 AM
Christopher000 | Rhode Island  Find all comments by Christopher000
Thank you, Mr. Obama...for the systematic destruction of this nations economy, that is.
3

News Item10/19/13 3:39 AM
John UK | Wales  Find all comments by John UK
I guess someone forgot how to budget. Mind you, as a peasant, I've only been debt-free since becoming a Christian, seeing things much more clearly. The policy is quite simple, if I ain't got the dosh, I don't spend it.
2

News Item10/19/13 1:12 AM
GsTexas | Texas  Find all comments by GsTexas
The government can't even control the national debt, and now it controls our health care (despite no constitutional authority to do so). Not hard to see an abysmal failure on the horizon.
1
There are a total of 12 user comments displayed | add new comment |Subscribe to these comments
Last PostTotal
Pope urges 'sincere dialogue' between Christians and Muslims
dawn strait from greenvillesc: "that sounds good, two non christian groups coming..."
-1 hrs 14 
Ted Cruz endorses Donald Trump
buckeyes from usa: "sorry looks like it cut it off here is the rest:demonstrated by..."
-1 hrs 25 
Major Newspaper Takes A Hit After Endorsing Hillary Clinton
ignominious emirakan from cloud: " gay allen clinton “took her through hell” by..."
-3 hrs 



Dr. James M. Phillips
When The Good Suffer

When The Good Suffer
Sunday Service
Discover The Word With Dr Jim
Play! | MP3 | RSS

When God Asks Why?
Mike Allison

Pastor Cory Griess
Be Faithful Even Unto Death

Christ Speaks to the Churches
Calvary Protestant...
Play! | MP3

Rev. Nate Decker
Walking Worthy of the Lord

Trinity Protestant Reformed
Sunday - PM
Play! | MP3

E. A. Johnston
A Letter By George Whitefield

Evangelism Awakening
Prayer Meeting
Play! | MP3

Rob Ham
Leviticus: The God Who Is Holy

KHPC Daily Devotional Podcast
Keystone Heights...
Play! | MP3

Sermon:
A Plumbline And A Famine
E. A. Johnston

SPONSOR | 5,500+

SPONSOR




                   
Do all you can, By all the means you can, To all the people you can. ... John Wesley

Gospel of John
Cities | Local | Personal


MOBILE
iPhone + iPad
Church App
Android New!
Church App
Kindle + Nook
Chromecast TV
Apple TV New!
ROKU TV
Amazon Fire TV
Apple Watch
Android Wear
Kindle Reader


HELP
Knowledgebase
Broadcasters
Listeners
Q&A
Uploading Sermons
Uploading Videos
Webcasting
Tips & Tricks
YouTube Screencasts

FOLLOW
Weekly Newsletter
Staff Picks Feed
Site Notices
RSS | Twitter | Facebook
SERVICES | ALL
Local Church Finder | Info
MP3 Play & Download
Mobile Apps
Podcasting
Video Support
Live Webcasting
Transcription
PowerClips
Business Cards
SOLO | MINI | Domain
Favorites | QR Codes
Online Donations
24x7 Radio Stream
INTEGRATION
Sermon Browser
HTML Codes
WordPress
Twitter
Facebook
Logos | e-Sword | BW
JSON API New!

BATCH
Transfer Agent
Protected Podcasts
Upload via Email
Auto-Upload Sermons
Auto-Blog Import
Picasa | FTP | Dropbox
ABOUT US
The largest and most trusted library of audio sermons from conservative churches and ministries worldwide.

Our Services | Articles of Faith
Broadcast With Us
Advertising | Local Ads
CONTACT
info@sermonaudio.com
Support Us | Feedback Fridays New!