Posted on 06/20/2012 10:10:19 PM PDT by tcrlaf
House Minority Leader Nancy Pelosi has changed her public position on an issue that divided Democrats during the fight over raising the debt ceiling last summer.
She now says that President Obama should use the 14th Amendment to raise the debt ceiling by fiat to preserve the countrys credit rating and avoid another economically harmful brinksmanship over the countrys borrowing limit.
I would like to see the constitution used to protect the countrys full faith and credit, she told a handful of columnists at a roundtable. According to Matt Yglesias, She didnt offer a legal argument in favor of the position, but argued on policy grounds that you cannot put the country through the uncertainty again, noting that Americas sovereign debt was downgraded by ratings agencies in the wake of the standoff even though it was successful resolved.
This isnt just about credit ratings, she added. Its about the dynamism of our economy.
(Excerpt) Read more at tpmdc.talkingpointsmemo.com ...
Ask every Obama voter you know. "Is this REALLY the Hopey-Changey Thingy you thought you were voting for in 2008?"
On Election Night, 2008, I noted that "This is how Democracy dies. Not with a whimper, but to wild and thunderous applause."
Damn, I HATE always being right about this crap.
Maggot.
She’s ‘Evolved’ on totalitarianism, it seems...
Ask every Obama voter you know. “Is this REALLY the Hopey-Changey Thingy you thought you were voting for in 2008?”
On Election Night, 2008, I noted that “This is how Democracy dies. Not with a whimper, but to wild and thunderous applause.”
>>>>>Damn, I HATE always being right about this crap.<<<<
This evil woman is a stress on the soul of mankind.
How is her wicked mind remotely connected to this country or any regard for Americans, their Constitution, freedom and liberty, free market, supply and demand of capitalism?
This awful woman is an enemy of the state, a clear and present danger and in high office. California needs to be impeached.
God, help us.
This awful woman is an enemy of the state, a clear and present danger and in high office. California needs to be impeached.
But she swears she’s a good Catholic./s
Pelosi is as despicable as they come.
Please, Dear God, tell me there’s some way Issa can tie her to Holder’s F&F, and barring that at least get a Court Order to have Federal Marshals stuff a sock in her mouth.
There are MANY of them (despicable)....this has been brewing for years....
Nana is as batty as an outhouse rat.
Why not? The democrats know they can get away with it. We didn’t think they would stop at Libya or gay marriage or the new Amnesty EO, did we?
14th amendment? Is he a former slave or Indian? /s
John Boehner is the BIG elephant in the room.
How? The argument runs that Section 4 authorizes it.
Section 4. The 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. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.
Validity of the public debt.
Funny how the only way they want to use the Constitution is to destroy what it’s there to protect.
How was the debt crisis successfully resolved, again, Nancy?
She will go down so hard and fast once Satan is done with her.
Boner is the big, scared, weepy elephant in the room.
“...raise the debt ceiling by fiat to preserve the countrys credit rating....”
####
Unspeakably ignorant, economic idiocy.
She’s begging Obama to take total control of the government and rule by decree.
This is treason. Utter, contemptible, bald-faced treason.
Damn, I HATE always being right about this crap.
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Very true. But ‘they’ would never believe that there are many things one would just as soon be wrong about, and the BO situation is definitely one of them.
Don’t know if you had seen good ‘explanation’ for the mis/uninformed inre ‘debt ceiling’.
You are at work and get a call from your wife that the sewer line broke and waste is seeping into the basement and getting worse.
You get home and the room is about 3/4 full of sewage etc and you must make a decision.
Do you call a plumber and house restorer and pump it out and rebuild or a structural engineer to come and jack the house up so more crap can be stored there?
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