Our Debt is Getting Scary | Time

From The Curious Capitalist:

“President Obama  handled his first State of the Union pretty well on Wednesday evening. But overhanging his ambitious agenda is a darkening cloud of debt as we were reminded Thursday when the senate voted to raise the nation’s debt limit by $1.9 trillion. The CBO director recently noted that debt held by the public totaled $7.5 trillion, or 53% of GDP, at the end of 2009. Of perhaps greater concern, this frightening percentage only looks to get worse. By the end of 2020 the debt is expected to climb to $15 trillion, or 67% of GDP. America is a resourceful country but these projections are beginning to look scary.”

Scary?  Its absolutely mind-numbingly terrifying. Or it would be if any of us could really wrap out heads around those numbers.

Read more @ Time

Why Do You Desire To Know and Preach God's Word? | Nathan W. Bingham's Microblog

‘Some desire to know merely for the sake of knowing, and that is shameful curiosity. Some desire to know that they may sell their knowledge, and that too is shameful. Some desire to know for reputation’s sake, and that is shameful vanity. But there are some who desire to know that they may edify others, and that is praiseworthy; and there are some who desire to know that they themselves may be edified, and that is wise.’ St. Bernard as quoted by Baxter as quoted by Nathan Bingham.

Why Do You Desire To Know and Preach God’s Word? – Nathan W. Bingham’s Microblog.