Posted on 07/28/2011 7:14:54 PM PDT by Biggirl
What President Barack Hussein Obama’s press secretary, Jay Carney, by how he is talking, it sure sounds like the Obama White House and the Democrats are getting desperate. It is a sure sign that the Democrats with President Obama are on “the ropes”. The is should come as no surprise because it is a sign that the American people are starting to scream out to the White House, Senate, and House that ENOUGH is ENOUGH. What start with many tea party movement protests going back to early 2009, has come to this late week and the efforts to resolve the federal budget debt stalemate in Washington D.C. and the need to make the needed cuts.
Could President Obama end up invoking the USA Constitution’s 14th Amendment in regards to resolving the federal USA budget debt?
The out-of-control federal budget debt and the out-of-control federal regulations could very much be a BIG FACTOR in the upcoming 2012 USA Presidential elections.
From White House Press Secretary Jay Carney himself:
“We are also realistic. That grand bargain if you will is still on the table. The one that the Speaker of the House walked away from. And while often Republicans don’t like to admit it, they came very close to an agreement. And that agreement is still available. now, if we are not able to achieve that in the next several days, we still need — we have no other alternative, we have to take action to ensure that we do not default. And we have to take action to reduce our deficit.”
The 14th amendment does not give any President the authority to raise a debt ceiling. Only Congress may borrow money, which is what the debt ceiling really is. Grey Eagle.
Exactly. There is nothing in the 14th that allows a president to borrow money for anything, including servicing the debt.
VERY little! Every $ is directed by someone to someone for some reason... (Much of it for personal gain, but that is the last thing they want to give up.)
Seeing how the last line is: “Section 5. The Congress shall have power to enforce, by appropriate legislation, the provisions of this article.”
I don’t think he legally can without risking impeachmet.
I’m sure he loses sleep at night over that.
More like a sociopathic loose cannon.
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