The following guiding principles have been established for this page and have not been changed over time, but edited below because I like writing different words to convey the same idea. Actually, no, see Single Sourcing Rant
I often use the title of the article, so the decision can be made whether to click the link or not, but sometimes, I'm pressed for time. If it looks interesting, click it.
This is not a "fair and balanced" page. I repeat, "This is not a "fair and balanced" page. I make ZERO attempt to have an equal number of "conservative" links and "liberal" links on this page.
President Biden has never ever stood up to the progressive wing of the Democratic Party. Each time they have demanded something, Biden has obliged. Now, they demand Biden embrace the “14th Amendment option,” which he and his Treasury Secretary have said is not an option. But now, suddenly, Biden claims it is an option.
The option relies on the language of the 14th Amendment that ensured a future Congress could not make null and void the Civil War debts and military pensions of the Union. No one has ever read it to supersede or take the power of the purse from Congress — no one until now.
The progressives first embraced Modern Monetary Theory that they assured us meant they could spend forever without inflation. Reality came crashing down on and discrediting that once Biden passed his COVID spending package. Now, they are chasing this novel 14th Amendment theory that no one has ever discovered until now.
Up until five minutes ago, Biden said it wasn’t a real thing. Now, he is entertaining it.
I dare him to use it.
The market turmoil would wipe out the Democrats for a generation in the suburbs as the markets tank and the values of 401K accounts tumble.
Essentially, Biden would be ordering the Treasury Secretary to issue bonds that, should the markets embrace them, would then be struck down by the Supreme Court, rendering the debt no better than Confederate currency — fitting for a Democrat.
There is no way the Supreme Court would uphold this reading of the fourteenth amendment, and it would most likely not just be the six conservatives saying so. One can hardly expect Justice Kagan to go along with it.
As of now, Republicans have voted to raise the debt ceiling. Democrats have toyed with novel ideas to avoid having to negotiate. I dare them to deploy those ideas.
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