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Pelosi: Give Obama Power to Personally Lift Debt Limit to Infinity
CNSNews ^ | November 30, 2012 | Terence P. Jeffrey

Posted on 11/30/2012 1:19:29 PM PST by jazusamo

Video at link

(CNSNews.com) - House Minority Leader Nancy Pelosi said on Friday that Congress should hand over to President Barack Obama personal, unilateral authority to increase the limit on the U.S. government's debt.

At a Friday press conference, a reporter asked Pelosi if she agreed with a proposal made by Treasury Secretary Timothy Geithner that Congress give Obama the power to unilaterally increase the debt limit.

"Yes," she said.

When he met with members of Congress on Thursday to discuss a deal to avoid the so-called fiscal cliff that is set to occur at the end of this year, Secretary Geithner suggested that Congress give Obama the personal power as president to lift the legal limit on the federal government's debt.


TOPICS: Breaking News; Business/Economy; Government; News/Current Events
KEYWORDS: debtlimit; obama; pelosi
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To: Jim Noble
The Congress shall have Power ...

To borrow Money on the credit of the United States...No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law.

Obviously I misspoke. What I should have said was this:

Heck, why not give him personal authority to suspend the rest of the Constitution too, while we’re at it.

121 posted on 11/30/2012 8:11:21 PM PST by Steely Tom (If the Constitution can be a living document, I guess a corporation can be a person.)
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To: Candor7

IT’S BEGINNING TO LOOK A LOT LIKE ARMAGEDDON

It’s beginning to look a lot like Armageddon
Bama’s still squatting in the White Hut;
Uses a teleprompter so well, it’s Jarrett can’t you tell
Soros and globalists like the show.

It’s beginning to look a lot like Armageddon
Hurtling over the fiscal cliff;
Michelle’s spending all she can, while still blaming the white man
Liberal fascism for sure.

Well there’s commies n muzzies n Benghazi but no worries
says the propaganda press ministry of spin;

Ayers n Davis Black Panthers n Operation Furious
Solyndra don’t forget Cloward Piven;

And the ruling class of corrupt Congress hacks are giddy all over again.

It’s beginning to look a lot like Armageddon
Bama’s still squatting in the White Hut;
No birth documents to show, the Usurpers gotta go
Reggie Love is waiting under the mistletoe (oh no!).

It’s beginning to look a lot like Armageddon
ObambiCare they say is the “law of the land”;
Justice Roberts violated his oath, Barry Soetoro still smokes
And our troops keep dying in ‘Stan.


122 posted on 11/30/2012 8:42:00 PM PST by TheBigJ
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To: Steely Tom

Separation of Powers is out the window. The Founding Fathers based it on the theory every branch would jealously protect it’s own powers from the other branches. The theory worked for over 200 years, but it no longer works now. More and more we hear donks in Congress applauding obama for ignoring and stepping over them and doing everything by executive fiat. This country is sooo screwed.


123 posted on 11/30/2012 8:49:02 PM PST by chessplayer
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To: chessplayer

Reminds me of Rome right before the fall


124 posted on 11/30/2012 8:57:36 PM PST by KTM rider ( , you'd be lucky to get $7)
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To: jazusamo

Guess next he and Michelle will get the “key” to fort Knox so they can help themselves to all the gold. It isn’t enough that they have already robbed us blind!


125 posted on 11/30/2012 9:03:40 PM PST by GoldwaterChick
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To: puppypusher

We are over $16,000,000,000,000 in debt already. The House may complain but that’s all it is. Complaining. They will bitch and comply just like they always do.


126 posted on 11/30/2012 10:39:50 PM PST by Personal Responsibility (In times of universal deceit, telling the truth is a revolutionary act - Orwell)
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To: jazusamo

Let em do it. The sooner they burn this country to the ground the sooner it can be rebuilt. Yeah it will suck and millions will suffer but it needs to be done. So get out of their way and let em ruin it all.


127 posted on 11/30/2012 11:00:04 PM PST by eak3
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To: Cheerio
if the GOP ever regains the WH...

Not. Going. To. Happen.

128 posted on 11/30/2012 11:17:08 PM PST by houeto (https://secure.freerepublic.com/donate/)
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To: jazusamo

At a Friday press conference, a reporter asked Pelosi if she agreed with a proposal made by Treasury Secretary Timothy Geithner that Congress give Obama the power to unilaterally increase the debt limit.

“Yes,” she said. ?????????????????

mmmmmmmmmmmmmmmmmKKKKK? Why not fashion a crown and a red robe festooned with adornments for his highness???


129 posted on 12/01/2012 12:50:20 AM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: jazusamo

You know, I think it says something about how the democrats view things now when they’re boldly saying dear leader should become a dictator.


130 posted on 12/01/2012 3:02:01 AM PST by RWB Patriot ("My ability is a value that must be purchased and I don't recognize anyone's need as a claim on me.")
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To: Steely Tom; Jim Noble; LucyT

Heck, why not give him personal authority to suspend the rest of the Constitution too, while we’re at it.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Thats the point, they want to destroy America and create a “Utopia”

The problem is that they have no money to pay for their Utopia. And in every case of Utopian fascism out of history, thats when the violence begins against the people. Next the dems will need to define a class of Americans as being not human, and worthy of being impovereished or exterminated.In Germany it was the Jews, in Italy the Romany Gypsies and in America it will be white folk earning more that $250,000 per year???

These parasites born of liberal fascism, like Pelosi, are now attempting to kill their host, and in doing so, they too will die. Thats just how stupid Nancy Pelosi truly is.The whole country needs a powerful dose of laxative to get rid of these parasites like Pelosi and Obama.We should not accept their accelerating violence against the Constitution.They need to be reminded IN PUBLIC of their oathes of office, and labeled as the treasonous parasites they truly are.

Expose them, revile them and ridicule them.


131 posted on 12/01/2012 3:16:46 AM PST by Candor7 (Obama fascism article:(http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html))
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To: TheBigJ; LucyT; Fred Nerks; Beckwith; null and void; TigersEye; stephenjohnbanker

ROTFLMAO!

Try this: ( sung to the tune of walkin in a winter wonderland)

Walkin in a Winter Wonderland.

Leftists sing, are you listening,
In Bohner’s brain, Reid is pi$$ing
A beautiful sight,
We’re happy tonight.
Walking in Obama’s wonderland.

Gone away is the budget,
All we can do, is try to nudge it
Obama sings a love song,
As we go along,
Walking in Obama’s wonderland.

In the meadow we can build Rice’s snowman,
Then pretend that she is Secretary State

She’ll say: Are you married?
We’ll say: No man,
But you can do the job
If thats your fate.

Later on, we’ll conspire,
As we dream by Reichstag fire
To face unafraid,
The treason we’ve made,
Walking in Obama’s wonderland.

In the meadow we can build a snowman,
And pretend that he’s Obama’s clown
We’ll have lots of fun with mister snowman,
Until the Constitution knocks Obama down.

When in debt, ain’t it thrilling,
Though your wallet gets a chilling
We’ll frolic and play,in the fascist way,
Walking in Obama’s wonderland.


132 posted on 12/01/2012 3:36:00 AM PST by Candor7 (Obama fascism article:(http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html))
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To: Steely Tom
Heck, why not give him personal authority to suspend the Constitution too, while we’re at it.

They're working on it.

The concept of him having unlimited budgetary power made me picture a never-ending flow of bloody meat (representing money) flowing into a huge body of water filled with piranha-the feeding frenzy would never stop.

133 posted on 12/01/2012 3:38:15 AM PST by trebb (Allies no longer trust us. Enemies no longer fear us.)
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To: jazusamo

Pelosi also tells women being raped to put up no resistance.


134 posted on 12/01/2012 4:58:03 AM PST by Erik Latranyi (When religions have to beg the gov't for a waiver, we are already under socialism.)
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To: TurboZamboni
“The entire debate revolves around the fact that future Congresses are not bound by any spending mandates done by prior congresses.Only taxes transcend new congresses.

No agreement to bind a future Congress to cutting is enforceable. But any tax increase continues until a future congress passes a bill through both houses, and the President signs. Similarly, debt incurred today will need to be paid in the future.
A Constitutional Amendment IS binding (more binding than one Congress “promising” to cut future spending,as if that’ll ever happen) They should try again to pass the “Cut Cap Balance Act” “

___________________________________________________________

That is the most succinct explanation I have seen.

The Dims sound like Wimpy in the Popeye cartoons:
I'LL GLADLY PAY YOU TUESDAY, FOR A HAMBURGER TODAY.

135 posted on 12/01/2012 5:33:52 AM PST by John Galt's cousin (WTF? We couldn't rescue four men in Benghazi? Is our military IMPOTENT? ( /s ))
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To: Hoodat

Great minds think alike; the headline immediately brought to mind the “special powers” given to Hitler.

What a freak show...


136 posted on 12/01/2012 5:41:39 AM PST by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
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To: KTM rider

“Reminds me of Rome right before the fall”

Madrid in June 1936; a month later the civil war started between the Christian countryside and the Bolshevik cities. It took a couple of years, but city people can’t feed themselves.


137 posted on 12/01/2012 5:47:58 AM PST by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
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To: John Galt's cousin

Here is an Adult Swim video of Wimpy’s effect upon the economy:

http://www.bing.com/videos/search?q=wimpy++i’ll+gladly+pay+you+tuesday&mid=0C6FDE17B95E4719D0690C6FDE17B95E4719D069&view=detail&FORM=VIRE7


138 posted on 12/01/2012 5:49:32 AM PST by John Galt's cousin (WTF? We couldn't rescue four men in Benghazi? Is our military IMPOTENT? ( /s ))
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To: jazusamo

Morsi looks shy compared to these tyrants.


139 posted on 12/01/2012 7:09:46 AM PST by Ghost of Philip Marlowe (Prepare for survival.)
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To: xzins

She’s not an idiot, she’s a communist.


140 posted on 12/01/2012 7:10:20 AM PST by ecomcon
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