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Eliminate the debt!
1 posted on 07/14/2011 10:41:27 AM PDT by IndePundit
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To: IndePundit

Constitutional scholars are like attorneys.

Every one of them is always right and every one of them disagrees with every other one.


2 posted on 07/14/2011 10:44:09 AM PDT by cripplecreek (Remember the River Raisin! (look it up))
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To: IndePundit
“It means the following: that the default on public debt which, indeed, if it would occur, would be quite horrific, is a misnomer. It cannot happen, it will not happen, even if no debt increase of any kind takes place,” he said.

Lol! Ok fine, lets just print 14 Trillion dollars and pay it off in one go. The debt would be paid and the constitional requirement would be satisfied. (of course the people that got paid would discover that their dollars were worth more as toilet paper than as currency)

4 posted on 07/14/2011 10:48:22 AM PDT by apillar
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To: IndePundit

None of Obama’s debt was “authorized by law” as there has not been a budget to authorize the spending.


5 posted on 07/14/2011 10:48:22 AM PDT by Ingtar (Together we go broke (from a Pookie18 post))
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To: IndePundit

U.S. Cannot Constitutionally Default on Its Debt, Says Constitutional Scholar

That might actually be true. But the U.S. also cannot be forced to increase that debt arbitrarily based upon the whims of an idiot. It's a matter of priorities. Pay the debt down where it is owed -- do not incur new debt across the board. In short term cash crunches, work short term cash advances -- no long term commitments. Obama has obviously never been responsible for a business before.


6 posted on 07/14/2011 10:49:42 AM PDT by so_real ( "The Congress of the United States recommends and approves the Holy Bible for use in all schools.")
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To: IndePundit
What the constitution forbids is "questioning the validity" of the debt. A technical default (for example, being late in making a payment), if or when one occurs, is not the same as questioning the validity of the debt.

Pointed out just above, Congress also has the power to create money , so it can, under the constitution, create script that pays off the debt.

8 posted on 07/14/2011 10:56:15 AM PDT by Cboldt
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To: IndePundit
Rivkin is confusing repudiating the debt with defaulting on the debt.

It is unconstitutional for the US government to repudiate debt that has been validly authorized.

Default is another matter. In the case of default, the government is not claiming creditors do not have the right to be paid, or that the debt is not valid. It is valid, they do have the right to be paid. It's just that the government has empty pockets. Creditors can go to court and get a valid judgment on defaulted debt. If they're lucky, maybe they can foreclose on the Grand Canyon.

9 posted on 07/14/2011 10:58:09 AM PDT by Meet the New Boss
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To: IndePundit

At public auction as the auctioneer begins. OK, what’d have for the Grand Canyon Canyon? Do I hear a $1 million, do I have $2 million? Come on folks, it’s worth more than that. OK we’ll throw in the Statue of Liberty, as well. OK that’s more like it $5 million going once, twice...


12 posted on 07/14/2011 11:06:48 AM PDT by Portcall24
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To: IndePundit

Constitutional restrictions have been ignored since aug 2008

it started with article 2 section 1.

if they can’t uphold such a simple restriction, the odds of them adhering to the bigger restrictions is zer0


13 posted on 07/14/2011 11:12:47 AM PDT by sten (fighting tyranny never goes out of style)
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To: IndePundit
The Left started floating this nonsensical argument sometime back. In the first place, it occurs in the 14th Amendment in the context of repudiating the debts of the Confederacy, and is clearly intended to convey the principle that while the CSA's debts were invalid, the USA's debts were not.

Even if wrongly interpreted with full gusto (as has been done with the Commerce Clause or the General Welfare Clause) it doesn't change the fact that ONLY Congress can actually authorize debt. The debt ceiling is one mechanism for doing that, and no serious Constitutional lawyer would argue otherwise.

Good article here: Desperate, Devious and Dangerous: The Left’s 14th Amendment Ploy by Ernest Istook

16 posted on 07/14/2011 11:19:16 AM PDT by FredZarguna (If you believe that only eyewitness to murder constitutes proof, you are being unreasonably stupid.)
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To: IndePundit

Just another idiot that thinks money grows on trees.


20 posted on 07/14/2011 11:35:37 AM PDT by CodeToad (Islam needs to be banned in the US and treated as a criminal enterprise.)
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To: IndePundit

I am not trained at metaphysical refinements nor tests of logical skill but it seems to me the section of the questionable 14th Amendment cited is what we called an introductory clause.Linked to what follows by the connective term But-of the dependent clause. The Dependent clause makes clear the intent of the section-and that part cited but justification for what follows.Judge Hand Jan.14,1983 raised valid arguments suggesting the 14th Amendment had been misinterpreted by the Supreme Court and I suggest that is true of the Carpetbaggers today.I have seen credible evidence suggesting the 14th Amendment was NOT Constitutionally ratified IF true then no argument using it as basis has any validity.


23 posted on 07/14/2011 11:49:31 AM PDT by StonyBurk (ring)
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To: IndePundit
"We cannot have a situation like in Greece or Portugal or Ireland".

When enough people who really want to work can't find jobs, lose their homes and everything else, and start going after those responsible we will have a situation unheard of in Greece, Portugal or Ireland!

The worse things get the more people wake up!

24 posted on 07/14/2011 11:49:54 AM PDT by SWAMPSNIPER (The Second Amendment, A Matter of Fact, Not a Matter of Opinion)
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To: IndePundit

It only says the debt can’t be questioned.

Doesn’t say anything about actually paying it.


25 posted on 07/14/2011 12:21:03 PM PDT by fruser1
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To: IndePundit

What a line of misdirection. The USConst does not allow a great deal of what USG has been doing since the revolution of the 1930’s (New Deal). USConst provides for a limited national government resulting in a limited size.

The solution to bad laws originating from the revolution is to throw them out and demand USG obeys the charter which establisted and allows it to exist at all (USCont). The solution is to pile more kakamanee laws upon the corrupted lies of the past.

“There is no position which depends on clearer principles than that every act of a delegated authority, contrary to the tenor of the commission under which it is exercised, is void. No legislative act, therefore, contrary to the Constitution, can be valid. To deny this would be to affirm that the deputy is greater than his principal; that the servant is above his master; that the representatives of the people are superior to the people themselves; that men acting by virtue of powers may do not only what their powers do not authorize, but what they forbid.”
— Alexander Hamilton, The Federalist Papers No. 78.

The United States Constitution @ 1791. All Rights Reserved.
— unknown


26 posted on 07/14/2011 12:21:12 PM PDT by veracious
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To: IndePundit
Section Four of the 14th Amendment to the Constitution of the United States says that “[t]he validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.”

I thought that was the part of the Constitution that allows the Liberal Messiah to control the federal purse strings without any need for the Congress. [/sarc]

28 posted on 07/14/2011 2:35:29 PM PDT by Repeal 16-17 (Let me know when the Shooting starts.)
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