Raising the debt ceiling by executive order can happen, maybe, but it’s pointless.
The FY 2011 CR expires 1 Oct. If he were to do such a thing, the House will never EVER approve FY 2012 expenditures that don’t take 500B off immediately. He would be cutting his fiscal throat, which in an election year will matter a great deal more than impeachment. He cannot . . . he simply cannot have fiscal contraction that takes 9.2% to 29% and have any chance of winning.
Perhaps you’re right, but he seems to think that he can “take his case to the American people,” appearing on television every five seconds. He also has the lame stream media to carry water for him.