Posted on 07/02/2011 7:08:07 AM PDT by opentalk
This morning we speculated that Treasury Secretary Tim Geithner was seriously considering just ignoring the statutory debt limit by claiming it was superseded by section Four of the 14th amendment. Sen. Chuck Schumer, D-N.Y., confirmed that that course of action has been considered by the White House. Talking Points Memo‘s Brian Beutler reports on a conference call with Schumer today:
I asked Schumer, a lawyer, whether, in his view, the administration had the power to continue issuing new debt even if Congress fails to raise the debt limit. He acknowledged that the question’s been discussed, but said the White House probably shouldn’t go there just yet.[emphasis mine] Considering the ease with which Obama has violated bankruptcy law, refused to enforce voter fraud laws, and ignored the War Powers Act, what is stopping him from ignoring the debt ceiling.
“Since when did the Executive branch become all-powerful?”
Since hussein crowned himself king. And the GOP has no balls to call him on it.
Seems to me like it's been broken several times. Didn't we just have this same debate a couple of months ago? How was it resolved last time?
He has said one term might be enough for him plus he has many things yet to accomplish in this term. Based on the things he has done up to now in this term, he has no compunction about ram roding anything he decides to do down everyone’s throats.
We are in a heap of trouble and it is compounding to the point of him bring a Dictator in fact, not just in actions.
God help us in our day to save America from tyranny and socialism. Thank you, Father that you hear me and always fulfill your Word, in Jesus name amen.
Clinton was impeached...the house did a great job on this...the senate wouldn’t convict him but he will always be tagged as impreached....
Maybe not. I think the GOPS are in cahoots with the RATS.
... all that voted for Obama, or voters that chose not to vote and stayed away form the ballot machines, did a very bad thing and it might cost us everything. Obama has no conscience.
Heavenly Father, forgive us our foolishness and our transgressions, help us to restore this nation to faith in thee; and that we might all turn to thee, in worship and praise, in Jesus name, amen.
Not me I spotted him right away and tried to warn everyone I knew. I was met with a blank stare. Kind of like a Cow in a herd. It did not compute in their compromised minds.
Crimes against America....the Obama years.
I wasn't saying the debt limit couldn't be broken, I'm saying that YOU can't break it. It's a law that does not constrain you. The law is supposed to constrain Congress, against it's own spending action.
The debate a couple months ago was based on the existing/current debt limit, and was one of "when will we have spent (what Congress told us we had to), up to the limit that Congress told us to spend to (the debt limit). "Oh, the money runs out in May. No, wait, July. No, wait, August. No, wait, September."
Congress is simply not a credible operation.
This act would do away with the pretense that this is a nation of laws and not men.
Basically rule by regulation, executive order, or whatever it takes. Bypass checks and balance powers.
Since the communists party (formally the Democratic machine) took over the Government.
Yes, but you missed my point. There will be no impeachments for at least a generation, probably longer. Conservatives already played that card. Same here in California. No more recalls of governors since conservatives played that card with Davis (and gave Schwarzenegger).
Isn’t there somebody in the white house that has been, at the very least, an assistant adjunct constitutional-law professor who could set the record straight on this?
So have any of these people read the whole amendment or are they just hoping no one does? This was enacted to guarantee northern debt would be honored and southern “confederate” debt would not be. The important line on enforcement of the 14th amendment is section five.
>>Section 5. The Congress shall have power to enforce, by appropriate legislation, the provisions of this article.<<
The president is limited to enforcing congressional legislation, not ignoring it or bypassing it. Not enforcing the amendment by making new law.
MORONS in LAW.
DK
Actually I think they know exactly how far out they are, they just don’t care.
Personally, I don’t think Obama cares what he does to his own party, he cares only for himself.
In case you missed it...A Great Quote.
“The fact that we are here today to debate raising America ’s debt limit is a sign of leadership failure. It is a sign that the US Government can not pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies.
…Increasing America ’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here’. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and Grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”
SENATOR BARACK H. OBAMA, MARCH 2006
Poll after poll shows voters don't want to raise the debt limit, at all, or at least without drastic spending cuts.
It will be a bloodbath in 2012 for the rats if they blow past the debt limit without spending cuts.
I say bring it on. The supermajorities in the House and Senate and control of the White House means that President Palin will be able to do some real cutting.
I hope he does. That would be the first truly serious grounds for impeachment that we’ve seen since Nixon.
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