Thursday, June 30, 2011

Worse than I thought

This business about ignoring the debt ceiling is getting more serious consideration than I thought.  Yeah, and if this happens, say goodbye to democracy, and hello dictatorship.

Where does it say anywhere in the Constitution that the President has the right to appropriate money? Definition of 'appropriate'
2. appropriate - take possession of by force, as after an invasion; "the invaders seized the land and property of the inhabitants"; "The army seized the town"; "The militia captured the castle"conquer, seize, capture
take over, usurp, arrogate, seize, assume - seize and take control without authority and possibly with force; take as one's right or possession; "He assumed to himself the right to fill all positions in the town"; "he usurped my rights"; "She seized control of the throne after her husband died"
carry - capture after a fight; "The troops carried the town after a brief fight"

I suppose in an emergency, the President might be able to do this, but this isn't necessarily the case here. There's a lot of back and forth about what it will mean if this deadline is blown. There will have to be something like a true crisis before they can pull the trigger on this one, and it will have to be a one off circumstance.

Another thought: That could mean that the Congress can repudiate any debts that the executive takes on while the debt limit was being negotiated. Try arguing around that one. If something is taken on without authorization, there is no legal obligation to honor it, I would think.

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