Should the president invoke the 14th Amendment?

Are you seriously so uneducated that you think the 14th amendment has anything to do with this?

We are talking about taking more debt. Not paying current ones. No one has a problem with the government paying current debts. You see, when normal people have debts to pay off, they dont borrow more money. They cut back spending and make adjustments to their budgets (I know a budget, what a radical concept)

can luddley explain to us what the 14th Amendment has to do with debt ceiling....

Well, it basically goes like this....

God is love
Love is blind
Stevie Wonder is blind
Therefore, Stevie Wonder is God
 
If Oboingo tried this stupid tactic, he would be in direct violation of the 14th Amenment, along with article 2.

The 14th Amendment:
Section 1. All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside. No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States; nor shall any State deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protection of the laws.

Section 2. Representatives shall be apportioned among the several States according to their respective numbers, counting the whole number of persons in each State, excluding Indians not taxed. But when the right to vote at any election for the choice of electors for President and Vice President of the United States, Representatives in Congress, the Executive and Judicial officers of a State, or the members of the Legislature thereof, is denied to any of the male inhabitants of such State, being twenty-one years of age, and citizens of the United States, or in any way abridged, except for participation in rebellion, or other crime, the basis of representation therein shall be reduced in the proportion which the number of such male citizens shall bear to the whole number of male citizens twenty-one years of age in such State.

Section 3. No person shall be a Senator or Representative in Congress, or elector of President and Vice President, or hold any office, civil or military, under the United States, or under any State, who, having previously taken an oath, as a member of Congress, or as an officer of the United States, or as a member of any State legislature, or as an executive or judicial officer of any State, to support the Constitution of the United States, shall have engaged in insurrection or rebellion against the same, or given aid or comfort to the enemies thereof. But Congress may, by a vote of two-thirds of each House, remove such disability.

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.

Section 5. The Congress shall have power to enforce, by appropriate legislation, the provisions of this article.

As you point out the Congress must approve the increase of the national debt, furthermore, the president, nor congress has the right to with hold or suspend payments due to those possessing a valid claim for payment.

The issue of Social Security is a legal binding obligation held by those that reach the age of retirement or are eligible due to physical incapacity, under no circumstances can the president or congress expropriate, deny, or suspend payments due to those qualifying individuals.

As it was pointed out the debt owed social security by the government is legal and binding. The annual proceeds received through the collection of tax revenue must be applied toward the satisfaction of legal binding debt, thus the president nor congress can not arbitrarily suspend the obligations as outlined within the constitution nor deny payment.

What the debt ceiling provides is the vehicle to barrow additional funds to honor existing debt. The key issue is the reduction in current spending and automatic increases to reduce the expansion of debt.

We can no longer afford uncontrolled spending as the president and congress demands to satisfy their constituents and campaign promises. For those on the right and left we are beyond the cliff and now we will continue to descend into the depths of financial ruin.

You wanted your cake, now eat it!
I don't want any gubmint cake, or cheez for that matter.

The only way that anyone, let alone the congress, can meet the now impossible to meet promises to pay is to destroy the USD and turn America into Wiemar.
 

Forum List

Back
Top