Catholic Bishops Generous With Other People's Money
US Catholic bishops continue to be "compassionate" with other people's money, in this case, the money of US taxpayers.
The US Conference of Catholic Bishops is now nagging the US Congress to amend a bill passed in 1996 called the "Heavily Indebted Poor Country" initiative (HIPC). Its purpose is to provide "debt relief" for countries whose corrupt governments continually go out on a limb and accept World Bank and IMF loans, no matter what the risk.
The US taxpayer has paid out over $800 million since 1996 under this program, but Rome doesn't think that's enough! Rome wants to milk Americans for more.
The Catholic bishops are liars to call it "debt relief" because the debts get paid - on the backs of US citizens! "Debt relief" is REALLY:
1. American taxpayers bailing out banks that make irresponsible loans to third world nations. Also - these banks make loans knowing full well that organizations like the Catholic Church will whine and complain for "debt relief" when third world nations decide not to pay their debts.
2. Rome using American money to ingratiate itself with third world nations.
The Catholic Church is very clever - getting the US government to fork out the money, while Rome gets all the glory. And with not a penny leaving the pope's pockets!
Rome has always been the mortal enemy of Protestant nations. Please pray daily that the Lord protects the USA from the sinister workings of the Roman Catholic Church.
The US Conference of Catholic Bishops is now nagging the US Congress to amend a bill passed in 1996 called the "Heavily Indebted Poor Country" initiative (HIPC). Its purpose is to provide "debt relief" for countries whose corrupt governments continually go out on a limb and accept World Bank and IMF loans, no matter what the risk.
The US taxpayer has paid out over $800 million since 1996 under this program, but Rome doesn't think that's enough! Rome wants to milk Americans for more.
The Catholic bishops are liars to call it "debt relief" because the debts get paid - on the backs of US citizens! "Debt relief" is REALLY:
1. American taxpayers bailing out banks that make irresponsible loans to third world nations. Also - these banks make loans knowing full well that organizations like the Catholic Church will whine and complain for "debt relief" when third world nations decide not to pay their debts.
2. Rome using American money to ingratiate itself with third world nations.
The Catholic Church is very clever - getting the US government to fork out the money, while Rome gets all the glory. And with not a penny leaving the pope's pockets!
Rome has always been the mortal enemy of Protestant nations. Please pray daily that the Lord protects the USA from the sinister workings of the Roman Catholic Church.
posted by Robt. B. at 8:18 AM
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