Posted on 10/16/2013 8:52:44 AM PDT by Whenifhow
Mark explains what President Obama is really doing - seizing the power of the purse from Congress and taking away their ability to control funding in the government. In essence, this has been a coup by the Executive to limit the power of all other branches so that there are no checks and balances. Obama will set spending levels and veto any bills that fall short of his demands as he threatens to single handedly push the nation into a default. Congressman Louie Gohmert calls in and gives an update on the inner fighting within the House, as nobody really knows what's going on as backdoor deals are being made. Mark talks about the Republican Party members that want to go along with Harry Reid and give in on the debt ceiling.
Audio - Mark Levin: What Obama Is Really Doing - Seizing The Power Of The Purse From Congress
http://www.youtube.com/watch?v=pbiKbDLWKfU
Funny, I just finished listening to his show.
I think the power is already gone. That is, until a new Speaker steps up and tells the president that the House controls the purse. We certainly won’t see spineless Boehner saying that!
Exactly. The congress has just abdicated its power. Obama will spend whatever he wants and whenever he wants. We are destined for financial collapse.
Thanks for posting this. I listened last night and Mark Levin is a blessing to explain all of this to the American people. It is a must listen for everyone.
The underlying theme is this theater of the absurd is that the U.S. cannot stop spending. We are totally addicted to spending money we don’t have.
The rest of the world is watching this financial fiasco. There will be repercussions.
so its a lose-lose proposition......
Both the president and the senate aim to sieze the power of the purse from the House, which has been the purpose of the no budget strategy all along, no doubt cooked up by Schumer and Obama years ago.
The senate has been acting as a shield for Obama “hey, the senate never passed anything so I didn’t get anything so I’m not responsible” and the president acts as a shield for the senate “hey, the president said he would veto this or that so I’m not going to bother going through the motions to pass anything”
So all pressure is put on the House, nothing happens unless they cave, and here we are.
It’s intentional and insidious.
Short - under 2 min.
Glenn Beck Explains The Debt Ceiling Showdown Using “The Deer Hunter”
http://www.youtube.com/watch?v=gaRnc6GGDlk
3 min
Rush Limbaugh: It Feels Like We’ve Lost A War To A Communist Country
http://www.youtube.com/watch?v=rx3KlVQwXd8
Obama might as well declare himself dictator and send Congress packing. He has succeeded in overstepping his Constitutional authority so many times without a whimper from the GOP that he can do whatever he wants. The MSM will always praise him, The Democrats will support him no matter what he does and the GOP will cower in the corner.
I think the power is already gone. That is, until a new Speaker steps up and tells the president that the House controls the purse. We certainly won’t see spineless Boehner saying that!
With the loss of the power of the purse, loss of everything else goes with it.
By the time we get a new speaker, you can forget it as far as a peaceful legal process goes.
Read the true story of what is happening to JP Morgan.
The same sort of treatment awaits the rest of us.
Thanks! Here are some relevant bits on audio from Mark Levin’s show on 10-8-13:
You can scroll to the minutes I listed below on the audio:
http://www.stationcaster.com/player_skinned.php?s=2591&c=10771&f=1950053 (audio)
3:00 The military is not 50 percent of the budget. Yet Obama went after the military in this battle because he hates the military. He went after them by 50% compared to other budget items.
11:21 on the audio: We will never default on debt payments unless they are so massive we cannot make payments-not because of debt ceiling fight..but the obligations we are taking on. Obama wants the debt ceiling raised to pay for future projects. NOT TO PAY FOR BILLS WE OWE NOW.
20:00 Social security checks will come no matter what until the year 2038, in which time it is all gone. Congress took surplus out of SS fund. U.S. treasury issued IOU’s can be redeemed when default. 2010 was the first time defaulted since 1983. Recovered with IOU’s from the treasury. Treasury can borrow 1.00 to replace 1.00 in IOU paid to SS fund. The federal reserve gives them the dollar. It still remains under the debt ceiling.
24:35 It is a federal statute to pay SS. The govt. redemption of treasury bond would not breech debt ceiling.
Did not hear him as my local affiliate is off the air (it’s been donated to a church that is going to change it to a Gospel format)
Really hope he finds another station as my only alternative on the ride home is Medved the Hand Wringer.
He doesn’t have to ‘seize’ the purse when Boehner just hands it over to the ‘purse snatcher’ like a fearful old lady.
You can listen live on line at his website. Just sayin’
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