It's not honest.
It's simply incorrect.
The Scriptures do not say this.
The Catechism of the Catholic Church does not say this.
The Summa of St. Thomas Aquinas - the most respected work of Catholic systematic theology - does not say this.
The Catholic Church has never taught that the promises made by God to the Jews do not apply to the Jews.
More beer please's statement's are his personal opinions and his attempt to tar the entire Catholic Church with them is simply dishonest.
There you go again with the ambiguity. Your statement is factually correct on the face, but deceptive by omission. The Abrahamic promises had always been contingent upon reciprocal faithfulness. Jesus repeatedly taught that such faithfulness required following Him. He also condemned the Chief Priests and Pharisees for an unfaithfulness that disinherited them from the Abrahamic promises.
These teachings are repeated by Paul and other Apostles many times in the New Testament. It is clear that Church leaders and Hebrew Christians continued in the inheritance of Abraham. Those who did not follow Jesus were cut off. "Broken off" from the tree is how Paul puts it even as he warns Gentiles "grafted on" not to be boastful. The teaching is sometimes misleadingly called replacement but more accurately described as continuation of the inheritance within the Church.
From the earliest times until the 1960's, Church officials never wavered from the teaching. Documents of Vatican II obfuscated, but never overturned the doctrine. Since then, countless officials employed ambiguity that misled the uninitiated into thinking the Church had changed her teaching on the Jews.
Sometimes officials make statements that sound like a break from the past, but can never hold. For instance, the US bishops put out a document called "Reflections on Covenant and Mission" which taught that rabbinical Jews still had a covenant distinct from the New Covenent of Christians. This teaching was denounced by traditionalists as "dual covenant theory" the US bishops were forced to issue a correction.