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View Diary: Why The Debt Limit Fight Will Be A Political Face-Off With No Gimmicks Or Constitutional Crisis (208 comments)

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  •  I can't really add anything more than (3+ / 0-)
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    elwior, Upper West, MichaelNY

    what I wrote. But one needs only stop for a minute and consider this. If the 1974 Act, and the law as it existed prior to then which as ruled on by the Supreme court, required the President to order the Treasury to issue debt in violation of the debt limit law he signed months ago he would not jump at the chance to do so.

    Anyone who thinks that the President and the Treasury Secretary didn't ask for detailed legal opinions on this doesn't understand how this works. I doubt those opinions spend much time on this non-issue. I do suspect they discuss whether arguments could be made under the 14th Amendment, platinum coin, and the rest, but it would be left to the President to decide if he wanted to take any of those routes.

    Lawyers tell their clients what they can and can't do and the risks involved. The client may even ask for a recommendation that gets into legal as well as other considerations, political, economic, what have you. But the client is the one who  must decide.

    Further, affiant sayeth not.

    by Gary Norton on Mon Jan 14, 2013 at 06:01:48 PM PST

    [ Parent ]

    •  Sounds like a lot of badly written law..Need some (1+ / 0-)
      Recommended by:
      Upper West

      body to clarify all conflicts coherently. Is there any means to do so without involving the bozos in congress who seem to think they are at some kindergarten party playing with silly putty and fingerpaints.

      Fear is the Mind Killer...

      by boophus on Mon Jan 14, 2013 at 09:09:27 PM PST

      [ Parent ]

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