We could impeach Obama if we default

ScreamingEagle

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Jul 5, 2004
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the silver lining......:D

There's been so much malarkey meted out by the media about the budget C.R., the government shutdown, and the debt ceiling that the average American can easily lose sight of the real issue, which is the federal debt. Even certain honest, trusted members of the media trot out "default" as though it were synonymous with not raising the debt ceiling by Oct. 17.

Actually, default is not paying the interest/principle on what one has borrowed. Current federal revenue is way more than enough to easily pay what we owe on federal notes, bills, and bonds.

If the feds do indeed have enough revenue pouring in to meet their obligations, then actual default would be an act of volition, a decision by the president. The president would have to decide to squander the full faith and credit of the nation. Such an action would be an impeachable offense.


Read more: Articles: Banging the Drum for Default
 
the silver lining......:D

There's been so much malarkey meted out by the media about the budget C.R., the government shutdown, and the debt ceiling that the average American can easily lose sight of the real issue, which is the federal debt. Even certain honest, trusted members of the media trot out "default" as though it were synonymous with not raising the debt ceiling by Oct. 17.

Actually, default is not paying the interest/principle on what one has borrowed. Current federal revenue is way more than enough to easily pay what we owe on federal notes, bills, and bonds.

If the feds do indeed have enough revenue pouring in to meet their obligations, then actual default would be an act of volition, a decision by the president. The president would have to decide to squander the full faith and credit of the nation. Such an action would be an impeachable offense.


Read more: Articles: Banging the Drum for Default
Follow us: [MENTION=20123]American[/MENTION]Thinker on Twitter | AmericanThinker on Facebook

That would be interesting considering that the Constitution is very clear about what branch of government holds the purse strings.....and which house REALLY holds the purse strings.
 
the silver lining......:D

There's been so much malarkey meted out by the media about the budget C.R., the government shutdown, and the debt ceiling that the average American can easily lose sight of the real issue, which is the federal debt. Even certain honest, trusted members of the media trot out "default" as though it were synonymous with not raising the debt ceiling by Oct. 17.

Actually, default is not paying the interest/principle on what one has borrowed. Current federal revenue is way more than enough to easily pay what we owe on federal notes, bills, and bonds.

If the feds do indeed have enough revenue pouring in to meet their obligations, then actual default would be an act of volition, a decision by the president. The president would have to decide to squander the full faith and credit of the nation. Such an action would be an impeachable offense.


Read more: Articles: Banging the Drum for Default
Follow us: [MENTION=20123]American[/MENTION]Thinker on Twitter | AmericanThinker on Facebook

That would be interesting considering that the Constitution is very clear about what branch of government holds the purse strings.....and which house REALLY holds the purse strings.

the House is more than willing to fund our debt payments...
 
Indeed. The spread-the-wealth fascists Obama and Reid want to hold the full faith and credit of the United States hostage in order to further their spread-the-wealth, far-left, redistributionist agenda.

It's long past time for those numbskulls to be taken out of public office.
 

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Dipshit, you can make a better case for the House Teabastards needing to be impeached, not the president since he hasn't done anything wrong. The House is the stumblingblock, stupid.
 
the silver lining......:D

There's been so much malarkey meted out by the media about the budget C.R., the government shutdown, and the debt ceiling that the average American can easily lose sight of the real issue, which is the federal debt. Even certain honest, trusted members of the media trot out "default" as though it were synonymous with not raising the debt ceiling by Oct. 17.

Actually, default is not paying the interest/principle on what one has borrowed. Current federal revenue is way more than enough to easily pay what we owe on federal notes, bills, and bonds.

If the feds do indeed have enough revenue pouring in to meet their obligations, then actual default would be an act of volition, a decision by the president. The president would have to decide to squander the full faith and credit of the nation. Such an action would be an impeachable offense.


Read more: Articles: Banging the Drum for Default
Follow us: [MENTION=20123]American[/MENTION]Thinker on Twitter | AmericanThinker on Facebook

That would be interesting considering that the Constitution is very clear about what branch of government holds the purse strings.....and which house REALLY holds the purse strings.

So why do you get upset when they want to exercise that power?

I dont see any reason to impeach Obama over this. Bad policy and poor performance are not "high crimes and misdemeanors."
Now, when they get evidence that his campaign ordered the IRS, NSA, and other gov't agencies to suppress GOP votes and target voters for Democratic campagin material, that would rise to the level of impeachable.
 
Dipshit, you can make a better case for the House Teabastards needing to be impeached, not the president since he hasn't done anything wrong. The House is the stumblingblock, stupid.

I agree. The teabaggers don't need to be impeached, they need to be thrown in jail on domestic terrorism charges.
 
Time for Obama to invoke the 14th amendment and make sure that the American people fully understand why he's doing so.
 
Indeed. The spread-the-wealth fascists Obama and Reid want to hold the full faith and credit of the United States hostage in order to further their spread-the-wealth, far-left, redistributionist agenda.

It's long past time for those numbskulls to be taken out of public office.

Fascists had no interest in "spreading the wealth".

The main interest of Fascists is to consolidate the wealth into the hands of a few.
 
We're screwed now or later. I choose to get the pain over NOW

-Geaux

[youtube]dIh4-34zt7A#t=116[/youtube]
 

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