It is time to invoke the 14th Amendment

Discussion in 'Politics' started by Chris, Jul 28, 2011.

  1. Chris
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    Chris Gold Member

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    As fears intensify that Congress will not pass a debt limit increase in time to avoid default, some Democrats are pulling out their pocket Constitutions to find a back-up plan.

    Assistant Minority Leader Rep. James Clyburn, R-S.C., said today that if a long-term deal is not struck by Aug. 2, President Obama should sign an executive order raising the debt ceiling without Congressional approval. He said this action would be justified because of a section in the 14th Amendment that states that “the validity of the public debt ... shall not be questioned.”

    "I am convinced that whatever discussions about the legality of that can continue," Clyburn said. "But I believe that something like this will bring calm to the American people, and will bring needed stability to our financial markets."

    The argument is that a default would put the “validity of the public debt” in jeopardy, thus violating the 14th Amendment. And since the president took a vow to “preserve, protect and defend the Constitution” it would then be his responsibility to ensure that the country does not default.

    Last-Ditch 14th Amendment Plan Gains Momentum As Debt Clock Ticks - The Note
     
  2. Full-Auto
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    Full-Auto Gold Member

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    Point out in the amendment where is says it can not be paid late?
     
  3. Chris
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    Chris Gold Member

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    I think the American people would support it.
     
  4. martybegan
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    martybegan Gold Member

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    A more proper interpretation is that the President has to pay off interest on the debt first, before paying any other federal bills.

    Basically what Obama supporters are saying is that the government is allowed to borrow more money, to pay of interest on money already borrowed, regardless of what congress says.

    Again, the first statement is more valid than the second.
     
  5. Full-Auto
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    Full-Auto Gold Member

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    Based on what, your imagination? Current polling shows very clearly the majority do not want a debt ceiling increase. They also support a balanced approach. Revenue and cuts.
     
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  6. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    You can invoke it all you want. It doesnt grant the President the authority to borrow more money.
     
  7. Two Thumbs
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    Two Thumbs Platinum Member

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    It's not like big 0 gives to shits about the Constitution or what congress has to say.

    He's already a war mongering tyrant. So what's one more tyrannicle act?
     
  8. Lovebears65
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    Lovebears65 Gold Member

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    I dont support it and none of my friends do either . To me this is what a dictator does not the president of the USA
     
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  9. Chris
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    Chris Gold Member

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    No, the president does what's right for the people.

    And this is definitely right.

    And dictators aren't elected.

    Another civics lesson.
     
  10. Chris
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    Chris Gold Member

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    The 14th Amendment is part of the Constitution.

    But you only want to enforce the parts that you like.
     

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