Christian Debt Recovery

Congress Debt Deal

July 1st, 2008 |

Author: Gavin

congress debt deal

Congress Reach a Debt Deal – But What Does This Mean For You?

President Barack Obama announced agreement Sunday night with Republican congressional leaders on a compromise to avoid the nation’s first-ever financial default. The deal would cut more than $2 trillion from federal spending over a decade.

In his speech he admitted that the whole process has been messy and has taken far too long. He was also concerned on the bad effects it has had for business confidence and also the economy. Even though both parties have found their way to compromise it is too late. What they will fail to tell you is that over the next few years the debt will have to default anyway, so they are just delaying the inevitable and going to devalue you the dollar.

What will this do to you?

You will have money to buy things, but you will not be able to buy as much as you can right now. So we would suggest that you start stocking up on food, water and other necessaries before they start getting very expensive.

This is the warning shot, when the next crisis erupts you will want to be ready. It is coming soon. These short term fixes on the economy are not working, and this debt deal is just another quick fix that is bound to fail, just like the ones previous.

The bailouts have not worked. The quantative easing has not worked, so do not expect this debt deal to work. They are just giving us all a false sense of security. Do not fall into this trap and become misinformed like a lot of the hard working Americans that choose to listen to the government. Their lies continue and people are wondering why their bad financial situation. The reason is because they keep doing nothing and believe the government keep getting it right. But you can see clearly now that this is not the case.

Realise that you will be on your own when the US does collapse and the time to start preparing was yesterday. Start stocking up on the foods and items that you use day to day. This is your warning. Don’t listen to the government. Watch what actions they are taking. The same ones that keep failing. When you see what is happening there is a very smart saying that comes to mind. Fool me once, shame on you. Fool me twice shame on me. Prepare for the worst and expect the best. That way you will win either way.

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