Watch: Nancy Pelosi Says Obama Should Raise Debt Ceiling WITHOUT Congress
Watch: Nancy Pelosi Says Obama Should Raise Debt Ceiling WITHOUT Congress
http://www.youtube.com/watch?v=lAtrQcBh-nk
Nancy Pelosi is now arguing that Obama should raise the debt ceiling… without congress. She claims that the 14th Amendment means that there should be no debt ceiling, and Obama should move along without it. Insanity. Her arguments over the last few days can be read here.
She explains her reasoning in another video below from earlier. Just ask yourself… why wasn’t she saying these things under Bush? The answer should be obvious: because the argument is absurd, and she doesn’t even believe it herself.
The problem with this absurd argument is that something must already be a legal liability of the federal government before its legitimacy can even be challenged as relevant to the 14th Amendment. For example, if Obama randomly agreed to a treaty creating $1 Quadrillion to Al Qaeda, the courts would obviously strike it down because he doesn’t have the authority to create that debt — it’s not his to create. This is the same example.
Once the debt is created legally, it’s there to stay until it’s paid off. But not until then. It’s that simple. This argument is only being used for partisan reasons, to create more power for Obama. It has nothing to do with the constitution.
If Obama does try this, it will be yet another impeachable offense of him taking over constitutional authority from congress — he will essentially be a dictator. If he tries it, it will be time for a bipartisan effort to permanently stop him through impeachment.
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