No less than I have proposed a new green Multi--billion dollar green industry--mandatory recycling--no more garbage--T. Roosevelt and Lincoln would ask paraphrasing,"What will the USA be in 100 years"..They are my inspirations..It wouldn't be so bad if he didn't call the result of that chaos a " recovery".
45 straight months of private sector job growth versus Bush's 6-month/4.4 million job swoon
Should governors use ALL of their stim money to balance their budget and not spin..Or maybe he could offer up another "stimulus" and lie about " infrastructure" investments..
Or are they spinning within the budget?
Chemists Have Solutions .
I mean you realize the Stock Markets being totally propped up with the FEDs stimulus right ? Trillions in easy money so the rich and get richer.
Maybe if you understood the mechanism behind the Stock Markets "success" you would'nt make post like that.
And if Trillions in debt already spent hasn't saved the day exactly how would Obama violating the Constution save anything ?
The sole purpose of the debt clause of the 14th amendment was to keep the US govt from voiding debt (the validity of debt cant be questioned). Its quite a stretch to interpret this as implying a power to the President to order the Treasury to take on debt above a limit set by congress. Congress has the power to make laws. The debt limit is a law. If Obama thinks there is a conflict in the law, he should bring a case before the proper jurisidiction.
Via the SC
No one is disputing that the federal govt has a legal obligation to fulfill the contractual obligations of a debt. But saying one law requiring the govt to do something implies that the President has the power to figure out how to do it is rediculous. Congress has that power.The Constitution gives to the Congress the power to borrow money on the credit of the United States, an unqualified power, a power vital to the government, upon which in an extremity its very life may depend. The binding quality of the promise of the United States is of the essence of the credit which is so pledged. Having this power to authorize the issue of definite obligations for the payment of money borrowed, the Congress has not been vested with authority to alter or destroy those obli- [294 U.S. 330, 354] gations. The fact that the United States may not be sued without its consent is a matter of procedure which does not affect the legal and binding character of its contracts. While the Congress is under no duty to provide remedies through the courts, the contractual obligation still exists, and, despite infirmities of procedure, remains binding upon the conscience of the sovereign. Lynch v. United States, supra, pages 580, 582, of 292 U.S. 54 S.Ct. 840.