Sign in or signup

5,188 active users!!Bandwidth
FRIDAY
DEC 9, 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 -8 min
Top Sermons
VideosPDFs
Daily Log
PhotosNew Stuff!
Stores
Online Bible
Hymnal
Daily Reading
About | $1 Signup!
Submit Sermon
Members Only

Breaking News Home | All | Religion | Society | Tech | Choice | FF | SA News
FRONT PAGE  |  12/9/2016
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
•  Response to economic crisis?Dr. Alan Cairns | 3/9/2009
•  Covetousness, Sin of Our Time • Dr. Stephen Jones | 2/17/2006
•  Marx • Dr. R. C. Sproul | 2/21/2009

   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..
   12/09/16  |  Macy’s: We No Longer Donate to Planned Parenthood Abortion... • 2 comments
   12/07/16  |  YouTube bans Prager U video of Muslim denouncing anti-semitism... • 7 comments
   12/06/16  |  Ken Ham Responds to Muslim Reporter Who Asks if He's Going to... • 78 comments
   12/05/16  |  Can Donald Trump and Betsy DeVos Really End Common Core? • 9 comments
   12/05/16  |  Ohio Bill Protecting Pastors Clears House Committee • 4 comments
OTHER CHOICE NEWS | MORE..
   12/09/16  |  Feedback Friday for 12-09-16
   12/02/16  |  Feedback Friday for 12-02-16
   11/27/16  |  SermonAudio Tip: Truly Unlimited Sermon Uploads for Broadcasters • 2 comments
   11/25/16  |  Feedback Friday for 11-25-16 • 2 comments
   11/23/16  |  Mungu Kwanza: A New Documentary Film Project • 1 comments
MORE SPECIAL | MORE..
   12/09/16  |  Feedback Friday for 12-09-16
   12/09/16  |  Christian Filmmakers Refuse to Provide Services for Gay Wedding • 9 comments
   12/09/16  |  Chapel speaker terms Calvinism ‘Trojan Horse’ • 37 comments
   12/09/16  |  John Glenn, American hero, aviation icon and former U.S.... • 9 comments
   12/09/16  |  Macy’s: We No Longer Donate to Planned Parenthood Abortion... • 2 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
John Glenn, American hero, aviation icon and former U.S....
kathryn from ohio: "john glenn, who purported to be a devout christian, was..."
-5 min 
Chapel speaker terms Calvinism ‘Trojan Horse’
stever from mt zion: " narroway 'covenant theology is the bible’s way of..."
-16 min 37 
Life Expectancy In U.S. Drops For First Time In Decades,...
mike from new york: "from the news: 'the downward trend held true across the u.s...."
-22 min 10 


Lacombe, Alberta, Canada
Lacombe Free Reformed Church

Play! | More

Pastor Michael Pickett
Who Is On The Lord's Side

Exodus 32:26
Sunday - AM
Old Paths Strict Baptist
Play! | MP3 | RSS


Pastor Michael Pickett
The Stone Rejected

Old Paths Strict Baptist
Midweek Service
Play! | MP3

Lin Brown
The Confession of a Sheep

Grace Particular Baptist
Sunday Service
Transcript!Play! | MP3

Dr. Peter Masters
Our Resistance to God

Sunday Evangelistic Message
Metropolitan Tabernacle
Video!Play! | MP4

Rob Ham
The Benefit of Knowing Christ

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

Sponsor:
History of Holy Days (7 Free MP3s)

What does the Bible teach about the Sabb­ath, Lord's Day, Chr­istm­as, East­er, etc.?
www.puritandownloads.com/hi..

Sermon:
Hell Shaking Prayer
E. A. Johnston

SPONSOR | 10,000+

SPONSOR




                   
Trust God where you cannot trace Him. ... John MacDuff

Gospel of John
Cities | Local | Personal


MOBILE
iPhone + iPad
Church App
Android
Church App
Kindle + Nook
Chromecast TV
Apple TV
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

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!