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View Diary: Public debt of the United States shall not be questioned: the 14th Amendment and the debt ceiling (304 comments)

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  •  Invoking 14th amendment may be hollow victory (2+ / 0-)
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    ferg, NM Ward Chair

    According to some economist, if Obama invokes the 14th amendment with respect to the debt limit, few investors would purchase our debt for fear that this presidents actions would be subsequently rendered void and any bonds issued would become worthless.

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