Koenig’s perspectives on Bible prophecy and world issues, April 2011
This is going to be a critical month for the budget fight. The Republican House wants to make trillions in cuts over the next ten years and the Democratic wants to keep spending money until the 2012 election. They do not want to cut anything that will make a difference. I think at least until the next election the Democrats are going to win these budget battles and I think in the end the establishment Republicans will go with the Democrats to get a budget passed.
The consequences of that in the 2012 elections is hard to say. But by 2013 cuts will be futile anyway because we will be the midst of an inflationary depression.… continue reading