Biden is going to force a default to help China ruin our Country!

You'll see. The Marxists politicians thought the Republicans would cave to their demands as has always happened. For one they got a spine and did not. The 14th Amendment Biden is threatening to use (ignorant liberals think he legally can) does not cover this situation at all. It applies to the aftermath Civil War.

 

Biden and the Democrats will only force a default if they can make it look like it's de fault of Republicans.

 

I see what you did there.

 

That’s how I separate us normal folks from the speed readers and multi-taskers.

 

You mean like issuing an Executive Order standing on Section 4 of the 14th Amendment allowing the Executive Branch to continue issuing debt above the ceiling putting the ball in the Republican's court to sue and stop it.

 

Stop what? There is not any clear instructions and/or legislative and/or judicial actions in the history of the Federal Republic that describe what debts are to be increased, and a significant and timely quandary, which debts (if any) are to be paid first.

An executive Order can not breach Section 4, with out a legislative amendment and clarity of precedence of payment by category of the debt.

I trust you have not been coached by the Media, to arrive at your example of Executive Power.

 

I believe the 14th Amendment addressed EXACTLY WHAT reparation's could be paid after the Civil War. That's why it has never been used since then and is not applicable to anything going on today. Even Obama stated that when he was POTUS! Of course, he was more intelligent than Biden and not comprised by Russia and Red China.

 

Precisely. It's puzzling how anyone can think otherwise. Liberals are grabbing at straws on this one...

 

My personal read on this follows:

Denying the validity of debt already assumed by the United States, and denying the ability of the United States to assume more debt are two completely separate issues.

If the representation of the USA votes to assume more debt, more debt can indeed be assumed. If not, it cannot.

If additional debt is assumed as a result of raising the debt ceiling, that debt is good, and will be paid . . . not defaulted upon. That is where Amendment 14 comes in. It has absolutely nothing to do with the ability to increase the debt ceiling . . . it merely guarantees that creditors can be confident they will be repaid for the debt assumed by the nation.

 

So What? Generally speaking all EOs present a test of Executive Powers.

 

So What? Here is the problem. The law clearly states the Congress can levy taxes. A corrupt democrat POTUS decides to tax bullets by EO. This is outside his authority and everyone knows it but the Joker wants to "test" the system. This gums up the courts, rewards lawyers with fee money, makes ignorant liberal democrats think it is a good and justified remedy that a POTUS can do, etc.

 

OK. If you are happy, that is all that matters.

Gobbledygobbledness on your part, and as usual, never an answer.

 

The democrats knew this day was coming. They thought they could "roll" the Republicans. That's why Biden let it get into this mess. FOR A CHANGE, so far the Republicans they have not rolled. They passed a Budget and now it is up to the democrats to take what they dish out and cave. Otherwise - default. When that happens, the democrats and the fake media will blame the Republicans.

What we really need is an impeachment. Not to worry. Whomever is "running" Biden will have the other incompetent clown continuing to destroy our country!

 

Notice how the RINOs and Chinese Democrat party talk debt ceiling and not conservative economics of Ronald R of debt reduction

 

Not familiar with the EO you are referencing. Yet here it is even though clearly outside the POTUS's authority. Thanks for your assistance in the matter.

 

It was a fanciful democrat inspired example - for now. I edited out "let me make it simple" as that could be seen as talking down to you since you are not one of the ignorant, uneducated, English comprehension challenged members that crap the threads with their monkey business.

 

Fanciful or not it still helps some. It is more of a reading comprehension problem for the kangaroos. Clearly it is addressing the issue/point of manufacturing blame for a default as opposed to a means of preventing it.

 

The public needs to understand that the word "default" misrepresents what will occur if the debt celiing is not raised. Investors will still be paid what's coming to them. Bonds will be offered again, and some may sell at the currently offered price, and some may have to be repriced to sell.

President Biden and Congress do not have the option of spending money on other budget items first and paying investors last. The investors, in order to maintain confidence in the USD, will be paid first, and the American People will be paid last, or be taxed more . . . or both.