"We don't have a spending problem. I'm getting tired of hearing you say that (we do)!" –Baraclueless Øblivious
t's unsurprising that somebody who
thinks feels a lack of tax hikes is "spending in the tax code," would think feel bypassing Congress and either increasing our public debt or coining money, or both, all by himself can be somehow left on the table.
Our constitution, that document he swore he would preserve, protect and defend — not pervert, reject and suspend — exclusively grants Congress power to pay the debts and borrow money on the credit of the United States, as well as coin money and regulate its value. Under no circumstances does that grant include any president minting a trillion-dollar coin, tossing it in the U.S. treasury, and consequently drawing it therefrom without any appropriation made by law. Nor does it include a president creating any public debt not authorized by law.
The sole powers of Congress to raise revenue, appropriate expenditures, and incur debt, moreover, are exercised separately through distinct legislation. Debt is not automatically incurred when the amount of money appropriated exceeds the amount raised. If Congress wishes to borrow money to make up the difference, it must pass legislation expressly authorizing that borrowing. But if the amount so authorized is not enough, the treasury at some point will be totally depleted and, as a result, none of the remaining excess may be drawn from it, regardless the amount of expenditures Congress has appropriated. At that point, all operations of government requiring such excess to continue — and only those specific operations — simply must cease unless and until Congress provides the money for them.
In sum, Congress, not the president or any court, is responsible for all the implications of exercising each of the above powers.
There is no lawful public demand for a trillion-dollar ØfascistCoin. Make no mistake: Any decision to mint and issue øne would clearly be arbitrary, capricious, an abuse of discretion, otherwise not in accordance with law, and unconstitutional. Also, there is no implied authorization of public debt under any provision of the Fourteenth Amendment. Indeed, the amendment itself grants Congress sole power to "enforce, by appropriate legislation," all of its provisions; meaning only Congress may, acting on our behalf, contractually bind us all to every such public obligation.
Of course, there wouldn't exist today any serious concern about either of these unnecessary evils were our country not egregiously saddled with an Øbamoonbat who
thinks feels "breaking free from the essential constraints that were placed by the founding fathers in the Constitution" might somehow be A Good Thing™. Who just wants to keep dropping more and more and more of our coins into his misadministration's corrupt slot machine of extreme, unsustainable spending on things like Øfascist"Care" and ØfascistFones until he completely bankrupts our entire country and transforms every citizen into fundamentally a lifetime dependent of an overwhelmingly and endlessly massive, Demøfascist-controlled government.
But do let him and his fellow fascists try. Even with a protective media snarling and yiping from his lap, they'll ultimately fail. Crossing the line with Øfascist"Care" cost them the House of Representatives two years ago. They risk losing a more precarious Senate as well two years from now if they persist in these shady efforts to ram down the American people's throats any further abuses and usurpations.
Labels: fascist totalitarian liberals (BIRM), greedy and selfish liberals (BIRM), lawbreaking liberals (BIRM), liberal hypocrites (BIRM), liberals are always extreme, Obama's War on Americans, Obamabuse of Power
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