Edwin Vieira Jr. -- Fables of the Fourteenth Amendment:
"The more I peruse the current public discourse about the application of the Fourteenth Amendment to the present quandary of public debt that confronts this country, the more I am convinced of the wisdom of the observation of the ancients that “Against human stupidity even the immortal gods contend in vain!”
The gist of the argument in favor of the Fourteenth Amendment’s positive application rests on the first sentence of Section 4 of the Amendment: “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.” Supposedly, this sentence grants a power to the President to borrow money in order to pay outstanding “public debt of the United States” as it comes due, even though Congress has not authorized such additional borrowing.
Apparently the theory is that, if the President could not exercise this power, some of the debt would be unpaid at maturity, and therefore its “validity” would “be questioned”, in violation of the Amendment."
Gunny G Favorites!
- AMERICA BACK TO ITS ROOTS? FIRST, DESTROY THE R PARTY!
- AMERICAN IMPERIALISM
- ARE COPS CONSTITUTIONAL? AS STANDING ARMY? RIGHT TO BE LEFT ALONE?, ETC.
- ARE POLICE OBLIGATED TO PROTECT CITIZENS?
- BING! (Pvt)
- BLOGGERS: THE NEW PAMPHLETEERS
- CHESTY PULLER...ON LOYALTY DOWN...
- CONSTITUTION: WRITINGS BY SEVERAL AUTHORS
- COWBOY NATION
- DR ED RIVERA, PROFESSOR OF LAW AND GOVERNMENT...
- GUNNY G SITES, ETC.
- INCOME TAX NOT NECESSARY
- KARL MARX, HORACE GREELEY, and JFK, Etc.
- NEW PAMPHLETEERS
- NO, OBAMA DID NOT DO IT ALL BY HIMSELF !!!!!
- NOW BLOG THIS! ~ GET YOUR OWN BLOG & START BLOGGING RIGHT NOW!
- OUR SECRET CONSTITUTION
- OUR TRUE HERITAGE and HISTORY: YET ANOTHER VIEW...
- PERENNIS: EUROPE'S PLAN TO SAVE THE SOUTH
- REAGAN ON CONSERVATISM and LIBERTARIANISM...
- REPUBLIC OR "GENUINE" DEMOCRACY: ANOTHER VALID VIEW !!!!!
- THE "R" PARTY: RED FROM THE START By: ALAN STANG
- THE MEN WHO DESTROYED THE CONSTITUTION ~ BY: THOMAS DILORENZO
- THE REAL RON PAUL
- THE REVOLUTION WILL NOT BE AMERICAN !
- UNDERSTANDING WHY THE CONSTITUTION WAS AND REMAINS A DETRIMENT TO INDIVIDUAL LIBERTY
- WHAT IS A NEOCON, PSEUDO-CON, AINO?
- What Is The FOURTH ESTATE or Fourth Branch of Government ?
- WHY THE CONSTITUTION HAD TO BE DESTROYED (TJD)
- why the gun is civilization
- WOODROW WILSON REVEALING SPEECH!