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Pelosi on Raising Debt Ceiling Unilaterally: “I Would Do It in a Second, But I’m Not the President”
Cybercast News Service ^ | January 4, 2013 | Elizabeth Harrington

Posted on 01/05/2013 5:30:57 AM PST by Olog-hai

House Minority Leader Nancy Pelosi (D-Calif.) said Friday that she would raise the debt limit unilaterally “in a second” if she were president of the United States.

Pelosi and other Democrats have suggested that the president could bypass Congress and unilaterally raise the debt ceiling by invoking the 14th Amendment of the Constitution, which states, “The validity of the public debt of the United States…shall not be questioned.” …

The next battle in Congress will be raising the debt ceiling, after the deal to avert the fiscal cliff failed to address the borrowing limit. President Obama said he “will not negotiate” on raising the debt ceiling, while Republicans have insisted on matching any raise with greater spending cuts.

Although the U.S. officially hit its debt limit of $16.394 trillion on New Year’s Eve, Treasury Secretary Timothy Geithner is imposing “extraordinary measures” to stall exceeding the debt ceiling until Feb. 28, giving Congress not much time to foster an agreement. …

(Excerpt) Read more at cnsnews.com ...


TOPICS: Business/Economy; Government; News/Current Events; US: District of Columbia
KEYWORDS: 113th; bho44; debt; debtceiling; fiscalabyss; fiscalcrisis; pelosi

1 posted on 01/05/2013 5:31:13 AM PST by Olog-hai
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To: Olog-hai
...and unilaterally raise the debt ceiling by invoking the 14th Amendment of the Constitution, which states, “The validity of the public debt of the United States…shall not be questioned.” …

The question is; while the debt cannot be questioned, what about other more..."discretionary" spending? While we need to be good for our debts, nothing says we need to spend on all the other unconstitutional "benefits/entitlements" that are in place.

2 posted on 01/05/2013 5:35:27 AM PST by trebb (Allies no longer trust us. Enemies no longer fear us.)
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To: Olog-hai
...and unilaterally raise the debt ceiling by invoking the 14th Amendment of the Constitution, which states, “The validity of the public debt of the United States…shall not be questioned.” …

The question is; while the debt cannot be questioned, what about other more..."discretionary" spending? While we need to be good for our debts, nothing says we need to spend on all the other unconstitutional "benefits/entitlements" that are in place.

3 posted on 01/05/2013 5:35:54 AM PST by trebb (Allies no longer trust us. Enemies no longer fear us.)
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To: Olog-hai

$16.394 trillion in the hole and the dems want to keep diggine,they need to take the cure of spending they have no logic.
Color them Greece.


4 posted on 01/05/2013 5:36:52 AM PST by Vaduz
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To: trebb
This is the woman who invoked that duckspeak of “we have to pass the bill so you can find out what’s in it” WRT Obamacare. Expecting her to interpret the “validity of public debt” clause of the 14th Amendment correctly is more than a mere stretch, of course . . .
5 posted on 01/05/2013 5:41:07 AM PST by Olog-hai
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To: trebb

For the ‘Rats, this, like EVERYTHING else they do, is about crisis and agenda, and nothing to do with either the 14th nor the debt nor the debt ceiling. Indeed, if there was no such thing as debt, the ‘Rats would be using some other aspect of government, even if it had to be about pistachio nuts, as long as their agenda was serviced.

The ‘Rat agenda item of destruction of the Constitution, further enlargement of the government, furthering their power is the agenda item here. The debt topic is the crisis.

[oh, and by the way, if the ‘Rats were determined to use ‘pistachio nuts’ to proceed, the enemedia would in an instant help out to make it so]


6 posted on 01/05/2013 5:44:12 AM PST by C210N (When people fear government there is tyranny; when government fears people there is liberty)
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To: Olog-hai
Never question Broke O’bummer.
Not his birth certificate, college or selective service records, passports or travel history, religion, white house visitors log, and especially, his authority to act unilaterally on spending. It used to be patriotic to question... NOT ANYMORE!!!
7 posted on 01/05/2013 5:45:10 AM PST by outofsalt ("If History teaches us anything it's that history rarely teaches us anything")
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To: Olog-hai
Obama, Pelosi, Reid, Fienstien, the news media.

What is the common denominator here? they are all democrats.

ALL democrats want to make the government all powerful and at the same time take away all our individual rights and freedom. Democrats want the government to own everything ( that's called socialism).Everything democrats do is to empower government and at the same time dis-empower the individual. the individual is small and already powerless and the government is so huge and powerful and idiot democrats think the government needs to be made bigger and more powerful. wtf is wrong with these idiots?

When will we realize that the threat to our freedom and survival is the democrat party?

8 posted on 01/05/2013 5:45:31 AM PST by Democrat_media (media makes mass shooters household names to create more & take our guns)
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To: Olog-hai

Queen Nancy needs a lesson in civics.

Better yet, her district needs to stop paying her for the representation that she seems so willing to cede to her emperor.


9 posted on 01/05/2013 5:49:20 AM PST by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: Olog-hai
Just some recent events I noticed just in the past couple weeks:

1. democrat senator Feinstein’s bill to take away our guns.

2. 8 more bills by democrats to take away our guns.

3. democrat Obama and the news media's fake fiscal cliff to tax the rich (a marxit progressive income tax)

4. Obama’s FDA, and EPA cracking down on businesses and Americans to take away more of our freedom and ability to do business

5. democrat Pelosi and its call to give Obama power to raise the debt limit( a dictarorial power)

6. Democrat Obama planning to take away our gun rights

There are much more , just some of the top of my head

democrats are the main threat to freedom

10 posted on 01/05/2013 5:51:15 AM PST by Democrat_media (media makes mass shooters household names to create more & take our guns)
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To: Olog-hai
Prohibition, income tax, direct election of senators, anchor babies (some would include women's and 18-21 year-old suffrage) and now this.

All later day additions to the original Constitution and Bill of Rights have proved worthless, ill-advised or disastrous.

11 posted on 01/05/2013 5:53:10 AM PST by Aevery_Freeman (The trouble with the "masses" is that they never achieve the "m")
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To: Olog-hai

Hard to answer a Post about Nancy Pelosi without getting banned.

I have to self censor anything I say about her because there are not enough words fit to print that can describe this old hag.


12 posted on 01/05/2013 5:59:10 AM PST by Venturer
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To: Venturer
I always think of Jude 1:9 when I see politicians behaving in that manner, thinking that rule by decree should be de rigueur for the USA.
Yet Michael the archangel, when contending with the devil he disputed about the body of Moses, durst not bring against him a railing accusation, but said, The Lord rebuke thee.

13 posted on 01/05/2013 6:02:51 AM PST by Olog-hai
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To: Olog-hai
“The validity of the public debt of the United States…shall not be questioned.”

Add back in the deletion, and you get:

The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.

So the validity of public debt not "authorized by law" may be questioned, and since the law sets a cap on the amount of debt, debt in excess of that cap is entitled to no constitutional protection.

Not that the Supreme Court cares what the Constitution says.

14 posted on 01/05/2013 6:28:04 AM PST by Pilsner
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To: Olog-hai
“The validity of the public debt of the United States…shall not be questioned.” …

Let's see what Nancy is hiding behind that little ellipsis.

, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion,

Since we aren't arguing about whether the readmitted southern states should have to pay for Civil War debts, the operative words she is trying to bury are "authorized by law". It looks like her entire argument is based on ignoring the fact that debt must be authorized by law, which requires a majority vote in both the House and the Senate, not a mere approval by the President.

Personally I would like to return to the pre 1917 law when each issuance of bonds had to be separately approved by Congress rather than allowing the Treasury to run a tab. Now the Dems want to throw away the limit on that tab.

15 posted on 01/05/2013 6:40:13 AM PST by KarlInOhio (Choose one: the yellow and black flag of the Tea Party or the white flag of the Republican Party.)
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To: Olog-hai

The federal gov’t is a racket, a con game, a stacked deck...and we keep saying “hit me”!


16 posted on 01/05/2013 7:05:23 AM PST by IbJensen (Liberals are like Slinkies, good for nothing, but you smile as you push them down the stairs.)
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To: Olog-hai
Pelosi has again opened her mouth to show the world how stupid she is...

She does not know the difference between the “debt” and the “deficits” she is advocating... and, with Harry Reid’s collusion, is incurring deficits unconstitutionally by spending without a budget.

17 posted on 01/05/2013 7:08:22 AM PST by RedEyeJack
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To: Olog-hai

This is a straight-on Civil War, and I f****g mean to win.


18 posted on 01/05/2013 7:08:56 AM PST by Lazamataz (LAZ'S LAW: As an argument with liberals goes on, the probability of being called racist approaches 1)
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To: Olog-hai

The debt is what we already owe, not what we promise to spend. The terms pelosi misunderstands intend to direct the government that it must repay its borrowed money. That is the plan. With no increase in the borrowing limit, the US will easily be able to make its Social Security payments and scheduled interest payments on the debt from continuing tax receipts. We will not default, because we will be repaying out debts. The walk around money for Obama voters- that might be a problem.


19 posted on 01/05/2013 7:17:58 AM PST by Sgt_Schultze (A half-truth is a complete lie)
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To: Sgt_Schultze

Maybe her problem is not her understanding, but her intent to obfuscate.


20 posted on 01/05/2013 7:19:48 AM PST by Olog-hai
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To: Olog-hai

Nanny Pelosi - another dead end on the evolutionary tree of mankind.


21 posted on 01/05/2013 7:31:45 AM PST by Iron Munro (I Miss America !!!!)
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To: Iron Munro

She’s a wreath.


22 posted on 01/05/2013 7:35:16 AM PST by liberalh8ter (If Barack has a memory like a steel trap, why can't he remember what the Constitution says?)
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To: Olog-hai; All

Section 5 of the 14th amendment states:
“The Congress shall have the power to enforce, by appropriate legislation, the provisions of this article.”
The President is given no authority to over ride the Congress.


23 posted on 01/05/2013 8:24:01 AM PST by MCF
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To: Democrat_media

Yet the American people still think everything is a okay, there will be civil war, it’s already started, the Democrats are trying to usurp the laws of God with the laws of men, God will win!


24 posted on 01/05/2013 8:51:56 AM PST by IslamE (epiphany)
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To: Olog-hai

Are ANY of these”People”aware of The US Constitution?


25 posted on 01/05/2013 9:05:45 AM PST by bandleader
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To: bandleader

They’re aware of it, they just don’t care for it.


26 posted on 01/05/2013 9:06:37 AM PST by Hoodat ("As for God, His way is perfect" - Psalm 18:30)
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To: Olog-hai

Any Republican voting for raising the debt ceiling should be written off as a Democrat vote, and they are closer to Pelosi’s views then being a fiscal conservative.


27 posted on 01/05/2013 9:13:27 AM PST by Son House (Romney Plan: Cap Spending At 20 Percent Of GDP.)
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To: Olog-hai

The scumbag rats will do anything to make sure they have the loot to continue buying the votes of their moocher base.
I really liked the “trillion dollar coin” idea.


28 posted on 01/05/2013 9:51:03 AM PST by Lancey Howard
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To: Olog-hai

imagine the financial obligations of the US being guaranteed by the full faith and credit of ....

Nancy Pelosi

or Harrison J Bounell


29 posted on 01/05/2013 9:52:16 AM PST by silverleaf (Age Takes a Toll: Please Have Exact Change)
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