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View Diary: Harry Reid and Nancy Pelosi would back President Obama if he defies GOP on debt ceiling (210 comments)

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  •  I haven't seen him make any remark on it. A few (0+ / 0-)

    weeks ago, an anonymous source leaked a story saying his legal advisors examined it a few months ago, and decided it wouldn't hold up to a constitutional challenge.

    But it was vague and long before so many more credible people are supporting the idea as a lost resort under the "extreme challenges justify extreme measures" theory.

    As in it may seem "unsavory," gimmicky and sneaky, but no where near as bad as the alternative of giving into to terrorist like demands of House GOP holding entitlement cuts hostage to threat to destroy the "full faith and credit of the U.S. government."

    The means is the ends in the process of becoming. - Mahatma Gandhi

    by HoundDog on Fri Jan 04, 2013 at 06:36:00 PM PST

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    •  Well, it's questionable whether that (0+ / 0-)

      statute was meant to give the Secretary unilateral authority to mind trillion dollar platinum coins or - as seems a more reasonable interpretation -- was meant to give the Secretary unilateral authority to mint commemorative type coins.  

      •  True but the intent does matter in this case. The (0+ / 0-)

        14th Amendments requiring the President to instruct the Treasury Department to find and pursue any and every legal means of paying the debt overrides any original intent concern.

        Which doesn't have to be worried about in any case as the case will not be heard. Impeachment is the only option the House has  and it will not happen as we control the Senate.

        The President just has to say he is not part of that "original intent cult" some Justices like to pontificate about.  Instead he believes as a majority of constitutional scholars, and anyone with common sense, and I modern worldview that the Constitution is a living and breath document that evolves to the needs of the day, which is why we have amendments.

        I don't see how the original intent of the PCS even comes up, as it is not one of the foundation constitutional issues here, such as the 14th Amendment and separation of powers, but just a legal mechanism providing that the Treasury Department can mint platinum in any denominations it want to, with any limits.

        The means is the ends in the process of becoming. - Mahatma Gandhi

        by HoundDog on Fri Jan 04, 2013 at 08:56:14 PM PST

        [ Parent ]

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