Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

8/27/2013 (1 year ago)

Catholic Online (www.catholic.org)

America is governed by an aristocracy.

The U.S. Treasury claims the government remains just $25 million under the national debt limit, a position it has now held for a hundred days. In the meantime, the treasury says it has been using extraordinary measures to maintain that number, and those measures will expire on Oct. 11.

The nation is preparing for a showdown on the debt ceiling in October.

The nation is preparing for a showdown on the debt ceiling in October.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

8/27/2013 (1 year ago)

Published in Politics & Policy

Keywords: Obama, Boehner, debt, ceiling, jack lew, treasury, limit


LOS ANGELES, CA (Catholic Online) - A hundred days ago, the federal government maxed out its credit.  With clever accounting schemes, and probably some outright lying, the Obama administration has remained in business.

Known as "the usual extraordinary measures," according to Treasury Secretary Jack Lew, those measures include raiding disability funds, cashing in on treasury securities, and raiding federal retirement funds. These measures have bought some time, however given the rate of federal spending, it's unlikely they bought enough to extend the country's credit through October 11.

Nonetheless, the authorities have set the deadline for October.

At that time, Congress will have to either vote to borrow more money against our children's future, or cut spending, despite the sequester.

What we are observing is a government scam of epic proportions. The federal government spends money it doesn't have against the credit of people yet unborn, to pay for things we shouldn't need. Among those things are supermassive surveillance programs, drones, cruise missile strikes, free contraceptives for women, massive political campaigns, and legal battles to batter back the will of the people where they oppose homosexual marriage and abortion.

An aristocracy that cares only for itself and views the people as a resource now rules us. According to Mark Levin, there is more turnover in the House of Lords than the U.S. House of Representatives.

Our political leaders have become an aristocracy with separate healthcare, separate retirement, and  privileges and perks that most CEO's can't even access. Counterpart to them is another aristocracy made of two-bit celebrities who have more money than self control or talent.

Congress sends us bread and the celebs provide the circuses.

Meanwhile, the rest of us, oblivious to the numbers game in Washington, because the numbers are too big to calculate, are busy rageposting on Facebook about Miley Cyrus, but post nothing about government spending, a pending war in Syria, or the general erosion of privacy and freedom in our nation.

---


Pope Francis: end world hunger through 'Prayer and Action'


© 2014 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for November 2014
Lonely people:
That all who suffer loneliness may experience the closeness of God and the support of others.
Mentors of seminarians and religious: That young seminarians and religious may have wise and well-formed mentors.



Comments


More Politics & Policy

Seventh terrorist suspect released from Guantánamo in two weeks; Republicans protest Watch

Image of Muhammad al-Zahrani, became the 13th prisoner released this year and the seventh in just two weeks.

By Catholic Online (NEWS CONSORTIUM)

A Saudi Arabian man has been released from the terrorist holding facility GuantĂ¡namo Bay. He was the seventh such suspect in two weeks to have been transferred from the United States to another nation. The practice has created a great hue and cry among Republicans, ... continue reading


The Immigration Conflagration and the Dangers of a Benevolent Dictator

Image of

By Keith A. Fournier

There is no question that comprehensive immigration reform is needed. Most people acknowledge this as a fact. However, the truth is President Obama could have participated in such reform, and he knows it, by working with the 114th Congress which will soon be sworn ... continue reading


Running out the door, Republicans too busy with Thanksgiving to address laws Watch

Image of

By Catholic Online (NEWS CONSORTIUM)

With Thanksgiving turkeys dancing in their heads, many Republican lawmakers are running out the door in lieu of considering a plethora of new legislation. Republican members have discussed resolutions of disapproval and censure. One unnamed lawmaker was ... continue reading


The TOP 10 list of countries where slavery is most prevalent. DO YOU BENEFIT FROM SLAVERY? You might be shocked! Watch

Image of Poor Haitians are commonly enslaved by wealthier family members.

By Catholic Online (NEWS CONSORTIUM)

Last week it was announced that some 36 million people around the world live in slavery, a number that is higher than at any time in history. While most Americans feel that slavery is a distant problem, which has little or no effect on their lives, the sad fact is that ... continue reading


Raking in the dough: Obamacare 'architect' worth millions Watch

Image of Jonathan Gruber has a lucrative connection with the Department of Health and Human Services.

By Catholic Online (NEWS CONSORTIUM)

Jonathan Gruber's good fortune would make lots of college students change their majors to economics. The Massachusetts Institute of Technology, along with his firm Gruber Microsimulation Model has raked in millions. Gruber's chief function is estimating the ... continue reading


Why have Republicans betrayed us to the most anti-life president in history? Mark Levin has an idea Watch

Image of Mark Levin is a Constitutional scholar and commentator.

By Catholic Online (NEWS CONSORTIUM)

Two weeks ago, the American people spoke and sent a message to Obama that we did not approve of his style of leadership. Americans gave control of both the House and Senate to Republicans with a clear mandate to put a stop to the rule of the most anti-life, ... continue reading


Reaping what is sown: No immigration reform hurt Democrats in midterms, former president Clinton says Watch

Image of Speaking in an interview with POLITICO's Mike Allen, Clinton was celebrating the 10-year anniversary weekend of the opening of his presidential library in Little Rock.

By Catholic Online (NEWS CONSORTIUM)

A lack of action may have cost President Obama and the Democratic Party big time, former President Bill Clinton says. The Republican victory at midterms earlier this month may have been the result of a lack of action on immigration reform. Clinton says that ... continue reading


'Mook Mafia' said to be heading Hillary Clinton's run for president Watch

Image of Mook is a word used to describe an underling or person with limited intelligence who does as he was told by higher-ups.

By Catholic Online (NEWS CONSORTIUM)

As coined in the 1974 Martin Scorsese film, "Mean Streets," "mook" is the term used by Italian Americans used to denote a "loser." In later years, mook became known as a word used to describe an underling or person with limited intelligence who did as he was ... continue reading


United Nations takes United States to task for legalizing marijuana Watch

Image of The United Nations is taking some states in the United States for legalizing or decriminalizing marijuana use. The U.N. anti-narcotics chief says that these measures are not in concert with international drug conventions.

By Catholic Online (NEWS CONSORTIUM)

The United Nations is taking some states in the United States for legalizing or decriminalizing marijuana use. The U.N. anti-narcotics chief says that these measures are not in concert with international drug conventions.  LOS ANGELES, CA (Catholic Online) ... continue reading


Federal health care officials scramble to bring health care Web site up to snuff Watch

Image of Throttling would detect overloads sooner and be more efficient than the one long online line federal officials devised last winter. This led to the dreaded

By Catholic Online (NEWS CONSORTIUM)

While the Obama administration is confident that HealthCare.gov is far more adept this time around in time for open enrollment, there are signs that officials are drawing up contingency plans for any eventuality. These plans will hopefully readily address the ... continue reading


All Politics & Policy News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Ezekiel 34:11-12, 15-17
11 "For the Lord Yahweh says this: Look, I myself ... Read More

Psalm, Psalms 23:1-2, 2-3, 5, 6
1 [Psalm Of David] Yahweh is my shepherd, I lack ... Read More

Gospel, Matthew 25:31-46
31 'When the Son of man comes in his glory, escorted ... Read More

Reading 2, First Corinthians 15:20-26, 28
20 In fact, however, Christ has been raised from the ... Read More

Saint of the Day

Saint of the Day for November 23rd, 2014 Image

Bl. Miguel Pro
November 23: Born on January 13, 1891 in Guadalupe, Mexico, Miguel Agustin ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter