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View Diary: What happens if Treasury just pays our bills? (24 comments)

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  •  He can declare it anything. (0+ / 0-)

    The SCOTUS just has the authority to overrule him.

    The two things Teabaggers hate most are: being called racists; and black people.

    by Punditus Maximus on Sat Jul 02, 2011 at 04:37:22 PM PDT

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    •  Well not necessarily . . . (1+ / 0-)
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      wilderness voice

      Someone would have to bring it before the court and Congress is the only one with standing and the Senate won't go along.

      In the choice between changing ones mind and proving there's no need to do so, most people get busy on the proof.

      by jsfox on Sat Jul 02, 2011 at 04:41:00 PM PDT

      [ Parent ]

      •  Woo! A nit! (0+ / 0-)

        We agree that SCOTUS has the authority; you just think they may not have an opportunity to exercise it.

        The two things Teabaggers hate most are: being called racists; and black people.

        by Punditus Maximus on Sat Jul 02, 2011 at 05:19:56 PM PDT

        [ Parent ]

        •  yup. (1+ / 0-)
          Recommended by:
          wilderness voice

          The House will move to do it, but it will have to get through a Democratically controlled Senate and they probably won't go along. The the supremes may well never got the shot.

          Now will there still be political hell to pay . . . no doubt

          In the choice between changing ones mind and proving there's no need to do so, most people get busy on the proof.

          by jsfox on Sat Jul 02, 2011 at 06:12:37 PM PDT

          [ Parent ]

      •  I don't remember where I heard this, but, (1+ / 0-)
        Recommended by:
        wilderness voice

        I heard if Obama goes ahead and just ignores all this Debt Ceiling nonsense and "pays the bills", in order to overturn his decision Congress would have to bring him up on impeachment charges, and actually vote to remove him from office.. I wonder if any Republican actually has the guts to do that. Remember, President Obama is still very popular.

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