To help you understand what this ludicrous, malevolent narcissist has in mind, let’s first view his speech to the Business Roundtable on Wednesday. The most interesting remarks come after the 13:00 mark, but the whole of the speech offers insight into the maniacal thinking of this man. He is going to destroy this economy to exact his revenge, and none should be in the mood to let John Boehner make deals with this sort of mindset:
As to the proposition that the 14th Amendment provides some authority for the President to circumvent Congress, this is a preposterous claim. The relevant sections of the Fourteenth Amendment states:
Section 4. The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.
Section 5. The Congress shall have power to enforce, by appropriate legislation, the provisions of this articleNotice that section 4 was intended to deal specifically with war debt accrued by the Union in fighting against the confederacy during the civil war. The leftists who advocate on behalf of section 4 as a proscription against a debt ceiling are lunatics. It not only requires the setting aside of the context of the amendment, but also ignoring the subsequent section, that specifically empowers Congress to enact legislation pursuant to this amendment.
In Article I, Section 8, the following are to be found among the specifically enumerated powers of Congress:
The Congress shall have power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common defense and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;
To borrow Money on the credit of the United States;
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
To provide for the Punishment of counterfeiting the Securities and current coin of the United States;
Notice that all of these powers that are in fact granted to Congress in financial and fiscal matters fall within the context of the following statement, concluding Section 8:
To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof.There is no mention of a Presidential role in this process, apart from his ordinary Article II authority to veto or approve legislation. Nothing in Article II provides the President authority to coin money, borrow money, or appropriate funds. No imaginary, tortured rationalizations of the 14th Amendment permit him to touch this apart from signing or vetoing legislation that comes before him. If he attempts what the leftists are suggesting, he is in open violation of the constitution, and this must be confronted.
Naturally, given the track record of Barack Obama, there’s little to suggest that he wouldn’t merely claim the authority, act on such basis, and then simply let Congress try to stop him in court. This would essentially create a window in which we would be reliant upon John Boehner and the Republicans to stop him, but the tepid leadership we’ve seen to date suggests they would present no obstacle to this imperial president.
My friends, there is nothing so dangerous as a demagogue acting as chief of state, and his inclinations toward dictatorial actions provide plenty of cause for concern. Not only must we rid ourselves of John Boehner, but we must also be willing to make a stand against this president in the name of the constitution. Our nation is dying a slow death, but rather than acting responsibly, Barack Obama is rushing to be the first man to throw a shovel-full of dirt on its grave. John Boehner is weak and tepid, a pallbearer to our premature national funeral, and he seems more concerned with his own political survival. We are in deep trouble, but we must stand on behalf of our constitution, or risk losing it.President Obama Speaks to the Business Roundtable: http://youtu.be/dPLufmf50sg via @youtube