Monday, February 22, 2016

How Much Is Obama REALLY Spending ???

Here's another tale about the shenanigans of "our" lawless, unconstitutional President:

The US Treasury is spending billions of dollars they won’t even account to Congress for. It’s hard to believe we have come to the point in this country where Congress asks the United States Treasury to account for 3 billion in Obamacare payments and they flat out tell Congress, NO!

Astoundingly Rep Paul Ryan has asked the treasury to explain why $3 billion in payments were made to health insurers even though Congress never authorized the spending through annual appropriations and the Treasury Department told him flat out, they would not comply.

If the treasury under the Obama administration cannot and will not account for this kind of money, $3 Billion, what else are they up to at the orders of Barack Hussein Obama?

You can read the rest @
http://investmentwatchblog.com/5-signs-that-prove-we-are-on-the-brink-of-a-complete-collapse-get-prepared-for-the-coming-food-shortages-and-the-end-of-america-as-we-know-it/

Perhaps you haven't noticed, but the US Treasury has been playing fiscal games for quite some time:

Treasury Secretary Jacob Lew told Congress on Wednesday that he will extend for another three months the authority he is using to take emergency measures to keep from breaching the nation's borrowing limit.

In a letter to congressional leaders, Lew said he will extend the current debt-suspension period, which was set to expire Friday, through Oct. 30. He said he believes the emergency measures he is using may be sufficient to keep the government operating for a brief period after Oct. 30.

Since March 16, Lew has been employing a variety of bookkeeping maneuvers such as removing investments from government pension funds to keep from breaching the current debt limit of $18.113 trillion. The debt currently stands $25 million below that figure.

The Congressional Budget Office has estimated that the bookkeeping maneuvers should keep the government's borrowing below the new limit until October or November. In his letter, Lew once again urged Congress to pass a new debt limit "without controversy or brinksmanship."

You can read the rest @
http://www.investorvillage.com/smbd.asp?mb=4245&mn=856524&pt=msg&mid=15157601

First, it was the Federal Reserve System which refused to be audited. Now it's the US Treasury.

What's our real debt? How much is Obama ad-Dajjal really spending, and how much of it is not authorized by law (in violation of the US Constitution)?

We are staring fiscal ruin in the face, but no one seems to care. Why is that?

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