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Use 14th Amendment, Raise Debt Ceiling, Deal With the Courts Later: Dem Senator Agrees With Clinton
NEN ^

Posted on 07/25/2011 7:39:18 AM PDT by Pacothecat

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To: shield

That has nothing to do with his impeachment.


41 posted on 07/25/2011 9:29:53 AM PDT by Hostage
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To: Hostage

I disagree...he is paying for his lifestyle and the pressures of it...impeachment was a biggy.


42 posted on 07/25/2011 9:34:25 AM PDT by shield (Rev 2:9 "Woe unto those who say they are Judahites and are not, but are of the synaGOGue of Satan.")
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To: Principled

Correcto!
Would suspect that if nobama pulls this stuipd stunt, the markets will crash because the lenders will run for the hills. Who the hell would loan money when it may turnout to be illegal and they get zero in return?


43 posted on 07/25/2011 9:42:18 AM PDT by dusttoyou ("Progressives" are wee-weeing all over themselves, Foc nobama)
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To: rarestia

It is probably in the fine print in the same section that a woman’s right to a free abortion and separation of church and state. Perhaps the people who maintain that the Constitution is a living document can point it out for you, and me.


44 posted on 07/25/2011 9:48:03 AM PDT by sport
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To: rarestia

In their minds, they are not twisting the words of the Constitution. They believe that the President should have unlimited power. They will never come out and say this, but they believe it.


45 posted on 07/25/2011 9:57:52 AM PDT by oblomov
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To: Bob Buchholz

As LOC1 points out in #4, all the Repubs would have to do is get on TV, and make a statement that any debt issued without proper Congressional approval is invalid and any T-bills so issued are, to steal a phrase from Obama, “not guaranteed” to be honored.


46 posted on 07/25/2011 10:04:28 AM PDT by PapaBear3625 (When you've only heard lies your entire life, the truth sounds insane.)
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To: mrsmith
The Fed Reserve would be the only ones who’d buy the debt. The rest of the bond market wouldn’t touch it. Then, when congress didn’t retroactively authorize it the Fed would take the loss.

The House Repubs COULD openly and publicly warn the Fed that if they bought invalid bonds, a future administration (hint) could have their entire board prosecuted for fraud.

47 posted on 07/25/2011 10:11:27 AM PDT by PapaBear3625 (When you've only heard lies your entire life, the truth sounds insane.)
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To: MNJohnnie

May he soon follow that other POS, Teddy Kennedy.


48 posted on 07/25/2011 10:17:46 AM PDT by vette6387 (Enough Already!)
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