Debt Ceiling Battle – Same Old Band Aid

May 22, 2023 in News by RBN Staff

source:  needtoknownews

By: Devvy Kidd

May 22, 2023

Way back in 1988, I went to work at a Northern California Army base.  I came in as a GS-11 which ticked off some federal civil service employees who highly resented anyone coming in from the private sector.  Never mind your qualifications.  Why, you should be a GS-1 and work your way up the ladder.  After all, it’s taken me 18 years to get to a GS-5!  (Top is GS-15)

In any event, I supervised quite a few employees and had a budget of $8 million dollars.  Peanuts compared to budgets in a whole lot of federal agencies – most of them unconstitutional.  That was my first exposure to federal fiscal budgeting, deadlines and back stabbing.  The Fed’s budget deadline each year is Sept. 30th.

I put together my budget and was told, no, that doesn’t work.  You have to spend what’s been allocated from the year before or lose it this year.  Huh?  My department didn’t need a rail car full of toilet paper, office chairs or other items.  Oh, but you must spend that money!  And, they did even though I objected that it was wasted taxpayer money.

The month of September was like a box of chickens flapping around, clucking and cackling; department heads chasing down the big honcho budget chief.  They all had months to evaluate and figure out how much more of taxpayer’s money could they get to waste.  But, as last-minute crunch time loomed, it was tense.  All of this was quite a shock to me coming from the private sector.

Right now, AGAIN, the U.S. Congress, both parties, are doing the debt ceiling dance with the usual political finger-pointing and bickering.  Since 1960, the two-step has been done 49 times under a GOP president with the Democrat/Communist Party USA coming in second: 29 times under the rat in the WH at the time.

If the debt ceiling isn’t raised then the CONS in Congress – both parties – won’t be able to continue borrowing $6 BILLION DOLLARS A DAY to pay for their reckless and out-of-control spending.  A chunk comes from the Godless, brutal savages known as the Chinese Communist Party.  That’s right.  China.

It’s a serious situation, no question about that, but those sanctimonious vultures in the Republican Party act like their underwear is clean while over $200 BILLION BORROWED DOLLARS has been sent to Ukraine over a regional conflict with Russia.  OOPSIE! Pentagon ‘Accounting Error’ of $3 Billion Will Benefit Ukraine, May 19, 2023

Ukraine, lorded over by a former comedian who liked to wag his weenie on tour, Zelinsky knows the names and amounts of all the money laundering and dirty financial dealings which involve big name politicians and business men that has been feasts of corruption in Ukraine for decades.  Now OUR Patriot missiles are being used over there to continue prolonging the misery and horror on both sides to protect the corruption and players.  Bakhmut has fallen, Russia in control: Wagner chief, May 20, 2023

Under President-Elect Donald Trump, the national debt rose the highest of any president.  Trillions of borrowed dollars.  Debt you, me, your children and grandchildren are expected to pay the interest on the rest of our lives; not a penny goes to the principle.  They all do it instead of telling the CONS in Congress:

The majority of spending in this budget is unconstitutional.  No where in Art. 1, Sec. 8 of the U.S. Constitution which you swore an oath to uphold and protect, does it authorize the Federal Department of Education, the EPA, agriculture*, USAID (US Aid for International Development), foreign aid, giving money to the IMF (International Monetary Fund), the World Bank, BIS (Bank of International Settlements), UN, NIH (National Institute of Health), HHS (Health & Human Services) all the social welfare programs and the list goes on.  ONLY the enumerated powers listed below can be funded by Congress:

Article 1 – The Legislative Branch, Section 8 – Powers of Congress

The Congress shall have power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States; but all duties, imposts and excises shall be uniform throughout the United States;

To borrow money on the credit of the United States;

To regulate commerce with foreign nations, and among the several states, and with the Indian tribes;

To establish a uniform rule of naturalization, and uniform laws on the subject of bankruptcies throughout the United States;

To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;

To provide for the punishment of counterfeiting the securities and current coin of the United States;

To establish post offices and post roads;

To promote the progress of science and useful arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and discoveries;

To constitute tribunals inferior to the Supreme Court;

To define and punish piracies and felonies committed on the high seas, and offenses against the law of nations;

To declare war, grant letters of marque and reprisal, and make rules concerning captures on land and water;

To raise and support armies, but no appropriation of money to that use shall be for a longer term than two years;

To provide and maintain a navy;

To make rules for the government and regulation of the land and naval forces;

To provide for calling forth the militia to execute the laws of the union, suppress insurrections and repel invasions; [Note:  Which neither Congress nor the fake president, Biden, have done by design and our Gov. Greg Abbott, here in Texas refuses to ‘call into service the Texas Reserve Militia’:

Sec. 431.071.  MILITARY DUTY. (a)  The reserve militia is not subject to active military duty, except that the governor may call into service the portion of the reserve militia needed for the period required in case of war, insurrection, invasion or prevention of invasion, suppression of riot, tumult, or breach of peace or to aid civil officers to execute law or serve process.

(b)  The governor may assign members of the reserve militia who are called into service to existing organizations of the state military forces or organize them as circumstances require. End]

Back to Art. 1, Sec. 8.  To provide for organizing, arming, and disciplining, the militia, and for governing such part of them as may be employed in the service of the United States, reserving to the states respectively, the appointment of the officers, and the authority of training the militia according to the discipline prescribed by Congress;

To exercise exclusive legislation in all cases whatsoever, over such District (not exceeding ten miles square) as may, by cession of particular states, and the acceptance of Congress, become the seat of the government of the United States, and to exercise like authority over all places purchased by the consent of the legislature of the state in which the same shall be, for the erection of forts, magazines, arsenals, dockyards, and other needful buildings;–And

To make all laws which shall be necessary and proper for carrying into execution the foregoing powers, and all other powers vested by this Constitution in the government of the United States, or in any department or officer thereof. End

No where does the U.S. Constitution authorize Congress to act as a lender, bail out private corporations like GM, banks or any other private sector companies.  What Congress did in 2008 was rape the American people to save the banks, mismanaged auto manufacturers and as we found out in the eleventh hour, big insurance companies – all with borrowed “money”.

Republicans have been making big headlines: Biden refuses to negotiate!  We won’t back down!  Brain gone Biden couldn’t negotiate which flavor of ice cream cone momma Jill chooses for him much less a monstrosity budget to spend more money that doesn’t exist.

Kevin McCarthy, the House Freedom Caucus and the cockroaches on the Democrat side will ramp up their Karaoke theater this coming week as the grossly incompetent Secretary of Treasury, Janet Yellen, has warned them the spigot runs dry on June 1st.  Freedom Caucus draws line in debt ceiling fight, May 19, 2023:

“Even as Democrats tell Biden to use questionable procedure to dictate change – The House Freedom Caucus has said that it will not entertain further discussion on the nation’s debt ceiling, indicating it will not vote for a compromise bill between House Speaker Kevin McCarthy and President Joe Biden, who is under pressure from more Democrats to invoke the 14th Amendment to avoid a default.”

The bill referred to calls for a reduction in spending regardless of whether or not the spending is unconstitutional.  This is just another Band Aid.  Instead of abolishing all the unconstitutional agencies and cabinets – using a timely and rational plan – let’s keep funding all of it, just cut a few inches off the hem.

Unless and until the unconstitutional cabinets, agencies and programs are abolished/eliminated, this will go on until the whole house of cards collapses.  Well, actually, it’s going to as people like me have been warning the last few years.  There’s no way to stop what’s underway.  I know that’s not what stressed out Americans worried about their job and inflation want to hear, but it is reality so best be prepared rather than blind-sided as Americans were in 2008.

Half of America’s banks are potentially insolvent – this is how a credit crunch begins, May 2, 2023, Ambrose Evans-Pritchard //  WARNING: The Economy Is Already In Full Collapse, May 16, 2023 // Celente – Consumer Debt Just Hit $17 Trillion For The First Time But It Gets Worse, May 17, 2023  //  Central Banks Must Now Hyperinflate As Minsky Moment In “Ponzi Finance” LoomsMarch 28, 2023  // Expectations of an Imminent Big Tech Crash Bringing Down the U.S. Economy is Expanding, May 18, 2023

Yellen: “More Bank Mergers Necessary” as Banks Lose Tens of $Billions in Deposits the Past Two Weeks, May 19, 2023  //  Legend Richard Russell Warned Every Fiat Currency In The World Will Be Destroyed, March 20, 2023 // 2023 & BEYOND: Tremendous Change Is Coming, Feb. 22, 2023 // Greyerz – What The World Is Facing Is Nothing Less Than Catastrophic:  “The shadow banking system is not subject to the normal mark-to-market rules. Thus no one knows what the real position or losses are. This means that central banks are in the dark when it comes to evaluation of the real risks of the system.

“Clearly, I am not the only one harping on about the catastrophic global debt/liability situation.  And no one knows the extent of total global derivatives. But if they have grown in line with debt and also with the shadow banking system, they could easily be in excess of $3 quadrillion.” And:

The Federal Reserve financed $5 trillion of debt by printing money. This resulted in a dilution of the value of money, causing inflation. Printing money out of thin air is poison to an economy.”  Rep. Thomas Massie [R-KY] – three real short videos you should watch.


Besides these liars, thieves and crooks who enrich themselves while serving in Congress, the American people need to acknowledge they share a big piece of the blame for voting for the same incumbents in the primaries which is when the elections actually begin.  The primary winner is what you get, D or R, come November.  The same incumbents in both parties destroying this republic.  Of course, with vote/election fraud controlling key races, the shadow government pretty much selects who will win which election.

Tens of millions of Americans have swallowed the dependency pill and now their very existence is dependent upon a bankrupt federal purse.  What they’ve done and what they refuse to own up to is they are making slaves out of their children and grand children to the massive debt owed to the magical money machine – the Fed – which is in deep trouble.

Tens of millions of Americans on Social Security and those dependent upon the U.S. government for jobs, are waiting with great anxiety what will happen with this latest debt ceiling political show.  The solution – eliminating all unconstitutional spending – will never be mentioned.  While the matador is distracting the bull with a cape, he’s using his other hand to stick a sword down deep into the bull’s neck.

Whatever the final outcome, it will just be another Band Aid in the long line of Band Aids since 1960.  Actually, it will be debt ceiling battle number 79.