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Thread: Can President Obama Unilaterally Raise the Debt Ceiling?

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    Re: Can President Obama Unilaterally Raise the Debt Ceiling?

    Quote Originally Posted by danarhea View Post
    Yes, it says Congress may, but if Congress doesn't pay America's bills, then they have broken the law. Period.
    Then boot em out. Send them to jail. That is what enforcement means for our executive branch. It does not mean to take more power and ignore the Constitution.
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    Re: Can President Obama Unilaterally Raise the Debt Ceiling?

    Quote Originally Posted by Threegoofs View Post
    What an awesome scenario. The House GOP impeaching a sitting President for averting an economic disaster.

    I can't think of a better way to permanently banish the GOP from political relevance forever.
    He would not be impeached for "averting economic disaster". He would be impeached for violating the Constitution. Treason.
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    Re: Can President Obama Unilaterally Raise the Debt Ceiling?

    We're in debt 'up to our eyeballs'.

    Solution:

    More debt!

    Conclusion:

    Logic and reason are no longer being employed in the US of A.

    The fact is we're on a train heading off the tracks, and NOBODY can stop it.

    Fact: stop the QE and the economy tanks (recent history proves this)

    Fact: continue the QE and the economy tanks (economics 101 and Weimar prove this)

    So they will try to keep the train on the tracks as long as they can; so expect the ceiling to be raised, however it plays out.

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    Re: Can President Obama Unilaterally Raise the Debt Ceiling?

    Quote Originally Posted by Kal'Stang View Post
    Then boot em out. Send them to jail. That is what enforcement means for our executive branch. It does not mean to take more power and ignore the Constitution.
    I see it differently. I see it as using executive authority to EXECUTE the laws. That's why they call it the EXECUTIVE branch of government.

    This is not about appropriating money to purchase goods and services. Congress already did that, and now they want to violate the law by not paying the bills. The president would merely be enforcing Congress' decision to spend the money, by paying the bills that Congress incurred when making the decision to spend that money. Existing law does NOT allow the USA to be a deadbeat, and the law must be enforced.
    Last edited by danarhea; 10-08-13 at 06:01 PM.
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    Re: Can President Obama Unilaterally Raise the Debt Ceiling?

    Quote Originally Posted by Deuce View Post
    I've pondered the constitutionality of a debt ceiling in the first place. We're constitutionally barred from defaulting, but when spending is mandated by law and a borrowing limit exists, that leaves a situation in which default is necessary. Which is exactly what Congress has done, they've passed legislation throughout our nations history that has created this spending problem. You can't just stop paying for things your own laws say you're going to pay for.
    Are we constitutionally barred from spending 3 times our means?

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    Re: Can President Obama Unilaterally Raise the Debt Ceiling?

    Does it even matter?

    We are so clearly headed to a complete implosion of the banking system and world market, it is merely a matter of a short amount of time.

    We're basically paying the debt with notebook paper. The "money" we pay debt with is completely worthless, straight off the printing press.

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    Re: Can President Obama Unilaterally Raise the Debt Ceiling?

    Quote Originally Posted by Erod View Post
    Are we constitutionally barred from spending 3 times our means?
    We are constitutionally barred from being a deadbeat. If you don't like the spending, then vote for a Congressman who doesn't spend like a drunken sailor. Meanwhile, we must pay our bills for stuff that Congress ALREADY BOUGHT. It's the law.
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    Re: Can President Obama Unilaterally Raise the Debt Ceiling?

    Obama said he couldn't raise the debt ceiling himself, today.

    /thread
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    Re: Can President Obama Unilaterally Raise the Debt Ceiling?

    Quote Originally Posted by danarhea View Post
    I see it differently. I see it as using executive authority to EXECUTE the laws. That's why they call it the EXECUTIVE branch of government.
    Either way, if Obama tries to lay claim to the 14th as grounds for raising the debt he will be breaking the law as it specifically states that it is Congress which will enforce the 14th. Not the executive branch.

    Quote Originally Posted by danarhea View Post
    This is not about appropriating money to purchase goods and services. Congress already did that, and now they want to violate the law by not paying the bills. The president would merely be enforcing Congress' decision to spend the money, by paying the bills that Congress incurred when making the decision to spend that money. Existing law does NOT allow the USA to be a deadbeat, and the law must be enforced.
    Apparently they didn't appropriate the money required of purchaseing those goods and services. Otherwise we wouldn't be having this discussion.
    I have an answer for everything...you may not like the answer or it may not satisfy your curiosity..but it will still be an answer. ~ Kal'Stang

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    Re: Can President Obama Unilaterally Raise the Debt Ceiling?

    Quote Originally Posted by American View Post
    Obama said he couldn't raise the debt ceiling himself, today.

    /thread
    Well, the government does have ONE option.....

    Declare bankruptcy and start over. But that would piss off too many banksters.
    The ghost of Jack Kevorkian for President's Physician: 2016

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