Of course, it means nothing to Article V opponents.
Article V ping!
Congress could and should save the banks by submitting to the states a fiscal year amendment limiting responsible federal elected persons to their current terms if a federal fiscal year ends in the red.
I cannot imagine what a complete circus an Article V convention would turn into.
This sounds like a distraction, similar to the Balanced Budget Amendment.
It is something a politician advocates when they want to sound conservative, but in reality, are too chicken to fulfill their responsibilities.
Like proposing a balanced budget then going on record and voting for it.
Be careful what you wish for. The problem with a Constitutional convention is that it may consider passing any amendments it chuses.
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The amendatory process under Article V consists of three steps:
Proposal:
There are two ways to propose an amendment to the Constitution.
Article V gives Congress and an amendments convention exactly the same power to propose amendments, except that a convention is limited to proposing amendments specified in the application and there is no such limit on Congress.
Direction:
Once Congress, or an amendments convention, proposes amendments, Congress must decide whether the states will ratify by the:
The state ratifying convention method has only been used once: to ratify the 21st Amendment repealing Prohibition. A similar procedure was used to ratify the Constitution itself.
Ratification:
Depending upon which ratification method is chosen by Congress, either the state legislatures vote up-or-down on the proposed amendment, or the voters elect a state ratifying convention to vote up-or-down. If three fourths of the states vote to ratify, the amendment becomes part of the Constitution.
Forbidden Subjects:
Article V contains two explicitly forbidden subjects and two implicitly forbidden subjects.
Explicitly forbidden:
Implicitly forbidden:
Reference work:
Proposing Constitutional Amendments by a Convention of the States: A Handbook for State Lawmakers