Posted by Jeff G
It is clear now that the Obama/Reid plan to refuse negotiations — again, the GOP is asking for universal delay of ObamaCare rather than Obama’s selective waivers; and it asking that Congress be compelled to follow the law it passed, nothing more — is orchestrated and intended to move directly to the debt limit debate, which the President, his administration, progressives, the news media, academics, and leftwing law professors (but I repeat myself) are busy laying the rhetorical ground work for. The play is this: Obama will (and already has) try to draw a distinction between the government “shutdown” (which is really nothing more than the temporary closing of non-essential governmental functions and the furloughing of employees who will be reimbursed after the shutdown for time missed) and what he’s calling an impending “economic” shutdown, which he is using to try to worry the markets, scare those who receive social security or disability benefits, etc., and gin up a Constitutional “crisis” that the left has been plotting for some time now: using the 14th Amendment (and completely inverting the INTENT of specific language), the President plans to argue — and receive intellectual and media cover — that if the House refuses to raise the debt limit, he is put into an untenable position: either he follow the Constitution and abides the House, in which case, he’ll claim, the US will “not be able to pay its bills” and will “default”; or else he must of necessity circumvent the Constitution and unilaterally raise the debt limit without Congressional authorization in order to avoid a “default” and a world-wide economic collapse. He will be lying. First, there will only be a default should Jack Lew and the President refuse to prioritize spending and pay the interest on the debt, bonds, and essential services — and monthly revenues are in excess of those payments. Meaning, revenues are in excess of any supposed lack of money to bring about default. Lew has already indicated he is willing to go this route, calling the prioritizing of spending “unworkable” — which is a falsehood, but even were it not, it should indicate to every American that the federal government has lost fiscal and economic control altogether and is simply spending until an inevitable collapse.
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