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1 posted on 07/13/2011 1:04:38 PM PDT by CNSNews
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To: CNSNews

They always forget the “authorized by law” part. If the debt is not authorized by law, that is we have more debt than the debt ceiling that the law established, that can be defaulted.


2 posted on 07/13/2011 1:09:13 PM PDT by antiRepublicrat
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To: CNSNews

Since ‘Bammy’ was elected when did the Constitution mean anything?


3 posted on 07/13/2011 1:09:25 PM PDT by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: CNSNews

Nor do we need to, there is enough money:

http://www.cnsnews.com/news/article/official-treasury-reports-coffers-full-e

What we need to do is cut spending.


4 posted on 07/13/2011 1:12:08 PM PDT by bigbob
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To: CNSNews

What’s your personal opinion on this or are you the author?

I won’t hold my breath waiting for an answer after viewing your posting history.


5 posted on 07/13/2011 1:12:43 PM PDT by Graybeard58
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To: CNSNews

Debt - that debt not authorized by law - is illegal. If you trace this buttwipe ‘scholar’ back to his roots, they’ll be tainted with the Democrat Feces Education Skidmark....


6 posted on 07/13/2011 1:14:57 PM PDT by Gaffer
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To: CNSNews

Which is why Zero actually has a point if he invokes the 14th amendment. Congress effectively already raised the “debt ceiling” when they approved the continuing resolution back in April.


7 posted on 07/13/2011 1:16:57 PM PDT by wolfman23601
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To: CNSNews
the law of gravity is not constitutional but it is still going to happen....................
9 posted on 07/13/2011 1:21:35 PM PDT by PeterPrinciple ( getting closer to the truth.................)
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To: CNSNews
the law of gravity is not constitutional but it is still going to happen....................
10 posted on 07/13/2011 1:22:35 PM PDT by PeterPrinciple ( getting closer to the truth.................)
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To: CNSNews

Notice that these folks are saying the same thing, all the time: we must spend more.


12 posted on 07/13/2011 1:25:04 PM PDT by SatinDoll (NO FOREIGN NATIONALS AS OUR PRESIDENT!)
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To: CNSNews

No one is suggesting that the debt be questioned. They are only suggesting that payment be deferred. Perhaps English is not David Rivkin’s first language since he doesn’t understand this.

If his mortgage payment is due and he doesn’t have the money to pay it. He isn’t questioning the fact that it is due. He is simply not paying it.


13 posted on 07/13/2011 1:35:14 PM PDT by SUSSA
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To: CNSNews

Ok - so riddle me this:

If the government does not have the “cash on hand” to pay all current obligations, and cannot borrow more to pay those obligations... do they magically disappear or become invalid?

Of course not - that is as absurd as the statement by this “scholar” . This is somewhat akin to making a statement - “I’m not in default, because I said so.”

Whether there is enough “cash on hand” to pay current obligations or not is irrelevant in this particular case. The question is - can the US default. What is the definition of “default”?


14 posted on 07/13/2011 1:36:18 PM PDT by TheBattman (They exchanged the truth about God for a lie and worshiped and served the creature...)
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To: CNSNews
"Section Four of the 14th Amendment...says that '[t]he validity of the public debt of the United States,...shall not be questioned.'"

A government can pass an amendment against car crashes, too, but bad drivers will continue to crash. Congress will continue the insane amounts of government spending for their locales, so the default and repudiation are inevitable.

Who will indict the politicians, their favorite globalist/government-employed constituents and others for violating the constitutional Amendment? Maybe you can do that, but you won't stop the eventual repudiation of debt. Repudiations of smaller debts after declines due to globalist policies haven't been stopped before and can't be stopped against hordes of angry peasants.


15 posted on 07/13/2011 2:10:24 PM PDT by familyop (Rome was burned in a day--twice.)
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To: CNSNews

The language in Amendment 14 is, like most of the rest of the US Constitution, unfortunately irrelevant and immaterial today.


16 posted on 07/13/2011 2:39:43 PM PDT by 2harddrive
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To: CNSNews

The government can ignore (and often does) any part of the constitution it wants to. History proves this...


19 posted on 07/13/2011 8:24:55 PM PDT by ColdSteelTalon (Light is fading to shadow, and casting its shroud over all we have known...)
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