Sunday, January 6, 2013

Nancy Pelosi To Obama: Just Use The 14th Amendment To Solve Debt Ceiling

Nancy Pelosi To Obama: Just Use The 14th Amendment To Solve Debt Ceiling

"White House Press Secretary Jay Carney said early in December that this administration does not believe that the 14th Amendment gives the president the power to ignore the debt ceiling -- period,"

But invoking the 14th Amendment to order the treasury to, by all means, find ways to raise money (for example, minting and selling titanium coins) in order to make regular payments towards contractual debts is hardly IGNORING any debt ceiling--which portends future debt--but rather sternly ignoring the maniacal THREAT from an irritating and  wayward faction controlling the House of representative, at present, which are threatening to IGNORE PAST DEBT altogether--for petty reasons borne of political disdain or prejudice. Anarchy perhaps.

I guess Nancy Pelosi said it best when she recently declared that "if I were president, I'd use the 14th Amendment, which says that the debt of the United States will always be paid. If you want to say, 'We are not going to do it so much in the future,' well that's another thing. But you can't say, 'I'm not paying my past debts.' 

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