Newspaper logo  
Local News & Opinion

Ref. : Civic Events

Ref. : Arts & Education Events

Ref. : Public Service Notices

Books, Films, Arts & Education

11.29 The scientists whose garden unlocked the secret to good health

Open Letters:

Ref. : Letters to the editor

Health Care & Environment

12.01 The Most Ambitious Emissions Pledges on the Table in Paris Would Still Result in Catastrophic Warming

12.01 No plan B for climate change without forests, Prince Charles tells Paris summit [plants use solar to absorb the C from CO2 and oxygenate our atmosphere...]

12.01 Unsafe Climates

12.01 Money to Burn

11.30 Gauging a warming world [interactive & animated graphics]

11.30 The greenest city mayors take home the fight against climate change

11.30 Smarter renewable power: six innovations

11.30 World Pollutionwatch: Pain in Spain

11.30 Obama calls Paris climate talks an 'act of defiance' in wake of recent attacks [video]

11.30 Major powers pledge $20bn for green energy research [videos]

11.29 The Paris climate summit is a real test of humanity

11.29 Planned Parenthood on shooting: we will 'never back away' from mission

11.29 Contaminating Our Bodies With Everyday Products

News Media Matters

Daily: FAIR Blog
The Daily Howler

US Politics, Policy & 'Culture'

12.01 The Terrorists Among Us

12.01 Ralph Nader on 2016, Wall Street, and Our Broken Political System

12.01 Every Female Democratic Senator Is Backing Clinton—With One Notable Exception

12.01 The Planned Parenthood Shooting and the Republican Candidates’ Responses

11.30 Fiorina: I Will Not Be Bullied Into Telling Truth

11.30 Only three states score higher than D+ in State Integrity Investigation; 11 flunk [interactive map]

11.30 A Wealthy Governor and His Friends Are Remaking Illinois

11.29 GOP’s hell-bent on tearing us apart: A decades-long strategy to win by divisiveness now leads to President Donald Trump [fighting to continue a racist culture...]

Justice Matters

11.30 Trials of officers in Freddie Gray case begin amid skepticism over process

11.28 The Corrupt System That Killed Laquan McDonald [1:40 video]

High Crimes?

11.30 Japanese whaling fleet to set sail for Antarctic

Economics, Crony Capitalism

11.27 Paris climate talks: powerful business lobbies seek to undermine deal

11.25 Fossil fuel companies risk wasting $2tn of investors' money, study says


12.01 Ex-US Intelligence Chief on Islamic State's Rise: 'We Were Too Dumb'

12.01 EU Parliament President Schulz: 'The Situation in Europe Is Extremely Concerning'

11.30 Philippe-Joseph Salazar: the philosopher whose essay on Isis has shocked and enlightened

11.30 Europe split over refugee deal as Germany leads breakaway coalition

11.29 The world wants more 'porous' cities – so why don't we build them?

11.29 This Composer Wants You To Know Who Syrian Refugees Really Are [her music]

11.29 Poll: Muslims actually HATE ISIL/ Daesh

11.29 Turkey reels as Putin imposes Stiff Economic Sanctions

We are a non-profit Internet-only newspaper publication founded in 1973. Your donation is essential to our survival.

You can also mail a check to:
Baltimore News Network, Inc.
P.O. Box 42581
Baltimore, MD 21284-2581
This site Web
  The Words of the 'Profits' Are Written in the 'Congress Halls'


The Words of the 'Profits' Are Written in the 'Congress Halls'

by Fred Cederholm
No way do the numbers being released to the public pass the “straight face” test.
I’ve been thinking about stewardship. Actually I’ve been thinking about Matthew 25: 14-30, the 10 talents, elections, truth, February, the costs of war, and the sounds of silence. Last Thursday our Senate voted to once again raise the ceiling on our National Debt to almost $9 TRILLION. Yes, $ 9 TRILLION! The vote was 52 to 48 in favor of the increase—strictly along party lines. The House of Representatives had already approved the increase when it passed a 2006 budget blueprint bill. Is this good stewardship? Who deserves to continue in their offices?

You see, the Matthew 25 teachings deal with stewardship and the parable of the 10 talents. A master entrusted three of his servants with his money—one received 5 talents, another received 2 talents, and the third 1 talent. In his absence, the first two worked diligently and doubled the master’s money, while the third merely returned the one talent intact. Upon his return, the master rewarded the first two for their diligent stewardship, but cast the third out into the darkness. Now... think of voters as “the master” and our elected officials as “the servants” (of all the people). How would/should we, the master(s), react in knowing that what we had entrusted to our servants was all gone, and that we now “owed” even more?

Truth is hidden from US/us out in the open because the truth is “protected” by a palace guard of lies. We are told that the economy is going great guns and that tax cuts will generate more revenue. But be aware of this: Uncle $ugar is on a cash basis of accounting; recognizing revenues when received and expenses when paid. Normally in the first months of the calendar year there are “surpluses” because payments are coming in anticipation of the income tax filings due on the prior year’s income. February 2006 numbers just released showed a $119 BILLION deficit! No way do the numbers being released to the public pass the “straight face” test. Does THAT show us that the economy is booming and that tax revenues are increasing?

Last week, we learned that the projected costs of the wars in Afghanistan and Iraq will increase from $6.8 BILLION a month to $ 9.8 BILLION a month—a jump of 44%. Will this really prove to be enough? Given the present saber rattling toward Iran, can we truly afford yet another invasion/war? Trust me when I say that peace and diplomacy are a heck of a lot cheaper in terms of both dollars and lives. Immediately after raising the debt ceiling by $781 BILLION—the fourth MEGA increase during the Bush Presidency (with almost two-and-a-half more years to go); Congress authorized another $92 BILLION more for the wars and Katrina/Rita relief. What kind of stewardship is that?

The very day the debt ceiling was increased, the outstanding debt jumped by $1 BILLION to $8,271 BILLION from the $8,270 BILLION, where it had effectively “languished” since March 2. The game being played with the “cash basis accounting” and “honoring the sanctity” of the debt ceiling precluded Uncle $ugar from paying the bills. At the old ceiling of $8.2 TRILLION, $3,460 BILLION was already “misappropriated” from accumulated Social Security surpluses and other trust/retirement funds under Uncle’s "stewardship," and spent elsewhere. To honor those obligations, we will be told that we must “re-fund” that which was already paid for by us.

In all the states, there are good candidates/stewards out there who understand the madness of the profligate spending and the wanton misuse of debt. Find them, support them, and vote for them.

We the people can no longer remain silent in our disgust over their “stewardship.” “The words of the ‘profits’ are written in the ‘Congress halls’... and the visions that were planted in my brain, still remain... echoing the sounds of silence.” In all the states, there are good candidates/stewards out there who understand the madness of the profligate spending and the wanton misuse of debt. Find them, support them, and vote for them. And... HOLD them to their campaign rhetoric. Do not accept excuses from incumbents for failing to deliver on their prior promises; cast them out into the darkness. Make it clear to ALL candidates that they will be held accountable and that the coming “Election Day” in November will become the “Judgment Day."

I'm Fred Cederholm and I’ve been thinking. You should be thinking, too.

Copyright 2006 Questions, Inc. All rights reserved. Fred Cederholm is a CPA/CFE, a forensic accountant, and writer. He is a graduate of the University of Illinois (B.A., M.A. and M.A.S.). He can be reached at

To “audit” this column and to learn more about the subjects discussed, please check out:

Copyright © 2006 The Baltimore Chronicle. All rights reserved.

Republication or redistribution of Baltimore Chronicle content is expressly prohibited without their prior written consent.

This story was published on March 22, 2006.


Public Service Ads: