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Bill Clinton Advocates Constitutional Option on Debt Ceiling


US Politics & Gov't  (tags: Bill Clinton, government, debt, congress, obama )

Jae
- 1169 days ago - news.yahoo.com
Clinton told The National Memo he would invoke the constitutional option "without hesitation, and force the courts to stop [him]" if Congress and the White House fail to reach an agreement to raise the debt ceiling by the Aug. 2 deadline when the U.S. ...



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Comments

Past Member (0)
Tuesday July 19, 2011, 2:40 pm
The Fourteenth Amendment states: "the validity of the public debt of the United States ... shall not be questioned." Thx
 

Arielle S. (317)
Wednesday July 20, 2011, 7:20 am
The country did well under Clinton - just maybe he knows what he's talking about? I hope Obama listens...
 

Dandelion G. (385)
Wednesday July 20, 2011, 8:39 am
We need a whole revamping of a lot of things, why are we tied to this debt ceiling when other Countries are not?
 

Past Member (0)
Wednesday July 20, 2011, 9:17 am
Just tax the rich, damn it!
 

Constance F. (434)
Wednesday July 20, 2011, 11:15 am
I have seen several analysis- Raise the da-m debt ceiling!
 

Thomas H. (36)
Wednesday July 20, 2011, 11:24 am
Right on, Jason. Of course, the posturing GOP fools won't do the sensible thing. Nor will their brethren, the Corporatist Dems. I think the bastille needs to be stormed once and for all.
 

Past Member (0)
Wednesday July 20, 2011, 1:06 pm
Right on, Tom

Thom's blog
The final step in Ronald Reagan's "starve the beast" economics...


If you thought the Paul Ryan plan to privatize Medicare was bad - wait until you see what Republicans have up their sleeve today. Republicans in the House today will vote on THEIR plan to raise the debt-limit - which includes a balanced budget amendment that makes sure the government can't close loopholes on rich people in the future - and can't spend any money beyond a certain threshold - even if emergency spending is needed to fight off a recession or some other crisis.

The balanced budget amendment will require a 25% spending cut in every single government program - from Social Security - to Medicare - to Veteran's benefits - and will return government spending to it's lowest levels since 1966 - when the United States population stood at 100 million people fewer than it is today. No President has ever supported a spending cut and structural changes this massive - yet Republicans feel that with our nation in a Great Depression and real unemployment above 16% - that now is the perfect time to blockade government spending - just like Herbert Hoover did.

What we're seeing unfold in the House today is the final step in Ronald Reagan's "starve the beast" economics - and if Republicans are successful - we're all screwed.

-Thom
 

Mary T. (186)
Wednesday July 20, 2011, 2:44 pm
Thanks Jae I agree with Bill Clinton, Tax the rich and leave the middle and lower class along, Republicans are not going to work with the president and he should not cave in to them on anything, Raise the damn debt ceiling already and leave Social Security and Medicare along.
 

Caitlin Mac Iver (103)
Wednesday July 20, 2011, 8:42 pm
I like Arielle's take on the situation and I wish Obama would just do it and not play around with cutting the benefits he's proposing apparently. Damn we need a revolution!
 

Kathy Chadwell (367)
Wednesday July 20, 2011, 9:08 pm
Count me in Caitlin
 

Robert Barkley (1)
Wednesday July 20, 2011, 10:05 pm
I hope that Obama follows slick willie's advice and raises the debt ceiling without congressional approval. If he does, we can impeach him under article 1 sec 8 of the constitution.
 

Past Member (0)
Wednesday July 20, 2011, 10:30 pm
.
 

Jae A. (323)
Thursday July 21, 2011, 1:10 am
Impeach Obama...now that is crazy. THat wouldn't solve a dam thing..nothing. Just make the GOP happy is all but then they'll still have to face off with Biden and he might not be so easy to push around as Obama has been during his efforts to 'comprimise' with the crazy greedy GOP basssderds...A revolution would be a nice start to getting all the corportist congress back on trach as to who it is they are suppose to be working for...the people and the nation not self interest rich aholes only. Ya know, the ones who made their money due to their American connection but have decided to just take and not give back in the way of jobs or paying any taxes from their profits they made via USA.
 

KS Goh (0)
Thursday July 21, 2011, 5:21 am
Thanks for the article.
 

. (0)
Thursday July 21, 2011, 6:19 am
noted with thanks
 

Arielle S. (317)
Thursday July 21, 2011, 6:56 am
"the ones who made their money due to their American connection but have decided to just take and not give back" - spot on, Jae - maybe these are the ones who should just be banned from the USA? Just like the lazy brother-in-law who sponges off the working family, let's kick them out of the house...
 

John S. (304)
Thursday July 21, 2011, 7:16 am
Okay, how:

Section 4. 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. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.

Section 5. The Congress shall have power to enforce, by appropriate legislation, the provisions of this article.

Section 5 keeps the power in congress, and forcing the courts to stop it is probably an impeachable offense. Let's just hope he was floating a trial balloon to see how the media and the public would react.
 

Michael MacDonald (27)
Thursday July 21, 2011, 8:40 am
@Thomas H.
Corporatist dems???

hello,
obama tried to pass the disclose act which would have made it mandatory for all contributions to political parties to be disclosed.
This would have gotten rid of the stranglehold corporations have on your government.

If any of you are complaining and calling obama a corporatist, then where were you when he was trying to pass this?

You all love to bitch so much,
but do you even follow what happens in your house and senate.
if you're calling obama a corporatist then there is no way your paying any attention.

it's the GOP, the republicans, and the tea party you have to worry about.
trying to pin any of this on obama is nothing but counter-productive and requires you to ignore quite a bit of what has happened in order to believe it.

Don't take my word for it though.
look up what happened with the disclose act.
You have no right to complain if you weren't there supporting this and trying to make it happen.
I mean, obama tries to fix this,
and you blame it on him because the republicans blocked it from happening???!!!!
put the blame where it's deserved.
 

Michael MacDonald (27)
Thursday July 21, 2011, 8:45 am
@Robert Barkley

so, do you want the U.S. to default on it's national debt.

Do you have any idea of what that will mean.

It will mean sky-rocketing mortgage/interest rates
the stock market crashing plus market panic
your dollar will drop drastically
the U.S. would have to sell of a huge chunk of it's assets
social security and medicare would have to be cut
etc.

yea, if you want the recession to look like a speed bump in compared to the disaster that will come,
then don't support raising the debt ceiling,
but if you give a damn about your country at all
take 5 minutes to look up what actually happens after a debt default.

no one in their right mind would want this to happen.
 

Esther Z. (96)
Thursday July 21, 2011, 8:50 am
The Repugs, with every proposed plan, keep showing their allegiance to corporations and the rich. Anyone who keeps voting for them thinking they will do what's in the best interest of the US and it's citizens is living in total denial. President Obama should invoke the constitutional option, but he's such a centrist, and is trying so hard to woo the independent vote that I just don't see him doing what most would consider a radical action.
 

Past Member (0)
Thursday July 21, 2011, 8:57 am
Are the racists still talking about general impeachment? I just can't believe the ignorance fox can induce on people that would otherwise be sane.
 

Jae A. (323)
Thursday July 21, 2011, 9:37 am
...I.m not so sure about that Jason..I think most were open to suggestion brainwashing to begin with...that racist thing added the fuel to the fire via Fox for many of their viewers.... who knows, but the odds are good that that is the case with probably the majority of FoxFakeNews and Tabloid LOL.... I'd say.
 

Sherry D. (47)
Thursday July 21, 2011, 10:31 am
OMG! You all need to read the white house Gang Of Six Senators ideas to cut the deficit. Guess what folks, the middle class and low income are getting screwed, again. What these goons want will not hurt the rich at all. It is middle and lower class that will feel the pain if their ideas get approved.
 

Myron Scott (70)
Thursday July 21, 2011, 4:07 pm
I agree with Arielle and several more: Obama, listen to Bill.
 

Lin Penrose (92)
Thursday July 21, 2011, 6:23 pm
Thanks Jae. Section 4 contains the word 'slave'. Who(m) would that be today? Insurrection, rebellion. Would that be American citizens (slaves) rebelling against the government taking away the moneies they (we) earned and paid into, legally: Social Security, Medicare, etc.? Costs to the government incurred of sending in our country's miltary to suppress we U.S. citizens (slaves) rebellion? Well, they (government) have to do something to employ all the military personnel they've trained to fight in other countries (for unsustainable & questionable reasons) and are bringing back to raise the unemployment & homeless numbers higher. History repeats itself yet again! That's just Section 4 and a few questions from ignorant me.
A rebellion Is needed, against the current GOP/Republicans, if the Supporting classes of this country want to survive and Support the country, in any recognizable form. Obama should raise the ceiling, in any way he can. Temporary respite though. Obama and a good supporting country, Must come up with strong and on-going plans. Everyone will have to take a hit or ten, especially the military and related associates. Wow, talk about a food web!
 

Shelly Peterson (213)
Saturday July 23, 2011, 11:41 pm
If it comes down to it, President Obama, invoke the 14th Amendmant!
 

Scarlett P. (126)
Wednesday July 27, 2011, 1:10 pm
When all else fells... Use the race card...Sad
 

Jae A. (323)
Wednesday July 27, 2011, 1:14 pm
Works for the right no doubt Scarlett.....one of their favorit ralling points behind closed door for sure. Typical hyprocrits but that's their choice as any of the other B.S. they spew reg. as to hate and vote against their own good reg. type thinking...that's the brainwashing of course but hey...their choice to go there . Just not where most of us will ever care to go but for them...it's par.
 
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