Showing posts with label Amendment 14 Section 4. Show all posts
Showing posts with label Amendment 14 Section 4. Show all posts

Wednesday, October 9, 2013

Does Obama Understand That He's in a WAR, Not Leading a College Debate Team?

"It does seem like this group of really hardcore Tea Party types may not really be impressed (by a stock crash). They seem to believe that the cause of justice is on their side, and that they are making some sort of glorious last stand or avenging the surrender of the South in 1865 or something. They may not listen."
- Doug Henwood interviewed in salon.com piece, 'Tea Party's Shutdown Lunacy: Avenging the Surrender of the South'

As I write this the news is that, once again, Obama plans to “talk with the GOP”. Does he not grasp that the time for rhetoric and talk is over? Does he not grasp that he is in a war, and not participating in a college debate society face off? Sometimes I wonder.

On the line is the full faith and credit of the U.S. government, and the restriction of payments such as to Social Security ($25b due on Nov. 1st) and for Medicare providers, as well as disability for vets. Already, death benefits have ceased. Meanwhile, the nation’s largest creditors, China and Japan (to the tune of over $2.14 trillion) have warned of the consequences of a default, or failure to raise the debt ceiling. Meanwhile, asshole Tea Baggers compare the ACA to the “Fugitive Slave Act” of 1850 and some of these nincompoops even profess that a default won’t be any biggie!

How much more of this bullshit is Obama going to take? How long will he yap with these Teabag Confederates before he understands they are just game- playing him? Already, a new AP poll shows his approval rating is in the tank, at 37 percent, barely 2 points above Bush Junior’s before the 9/11 maneuver to jack it back up .

But all I hear is rhetoric and blather. Why is it the man refuses to boldly act as a leader against these traitors? By that I mean doing one of two things: 1) minting a trillion dollar platinum coin and depositing it in the Treasury, de facto raising the debt limit in one fell swoop on his own, OR 2) invoking Section 4 of the XIV Amendment via Executive Order to do the same. Obviously, neither can be termed 'prosaic', but letting us become a deadbeat nation and allowing a stock market crash, not to mention credit default ….merits extraordinary action…..to my way of thinking. Which is preferable under the circumstances: a constitutional crisis (acknowledging the Civil War is active once more), or a worldwide recession? I will take the former any day of the week, twice on Sunday!

As the great former Barbadian Prime Minister J.M.G.M. 'Tom' Adams once noted, after one of his several constitutional debates in 1972:

“When ordinary means are insufficient to change those who would seek to undermine our polity, then the true leader must use extraordinary means to re-establish it.”

Is Obama a true leader, like John Michael Geoffrey Manningham ‘Tom” Adams? (Who used fiery street oratory as he traveled round the Barbadian nation to mobilize public opinion against a plan to change the Barbadian Constitution). I don’t know, but so far the indications are he is not. He fears conflict and “unintended consequences” which is exactly what a real leader must not fear. And despite avoiding what he might assess as “precipitate actions” (in minting a $1T coin, or invoking the 14th) his approval polls keep falling like a lead weight.

Nor does he see his opposition for what they really are: rabid, proto-Confederate rebels who’d rather trash the nation than see his signature law gain traction. Instead, he continues to labor under the delusion that he’s dealing with reasonable and rational men. Hence, the endless rounds of confabs …never amounting to squat. It almost makes one believe the narrative that Obama is a consummate campaigner but a leader…..not so much.

As a recent salon.com article already pointedly noted, this standoff on the debt isn’t about fiscal issues or debt at all, it’s about the Old South (via the old Confederacy) attempting to “avenge the surrender of the South”. See e.g.

http://www.salon.com/2013/10/09/tea_partys_shutdown_lunacy_avenging_the_surrender_of_the_south/

In an earlier, similar piece on the Tea Party's Southern heritage it was observed that the Civil War never really ended. A "truce" or armistice was merely signed, similar to the one halting the Korean War. What we now see, is the Civil War re-activated via the Tea Party's government shutdown and soon enough, refusing to raise the debt limit.

In their terrific book, Banana Republicans, Sheldon Rampton and John Stauber observed that the reason Republicans usually emerge victorious in political battles is because they treat them as "warfare", while Dems typically treat them as "college debate society meets". Hence, adopting a milder modus operandi etc. they consistently get their asses beat. It's time for this shit to cease, especially now with our financial future at risk.

The sooner Obama grasps the dynamic here, the sooner he will also grasp that talking with unreasonable, ideological puppets is useless, so is rhetoric via presidential speechifying. The time for timidity is over. Either mint that damn coin, sir, or invoke the 14th. Don’t dismiss them if you don’t want the nation taken to perdition by these latter day Johnny Rebs! ACT!

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Addendum Note: From Bernie Sanders


“Yesterday, the Republicans were using the Affordable Care Act as the reason why they had to shut down the government and not pay our bills. Today, it’s ‘reforming’ Social Security, Medicare and Medicaid. What will it be tomorrow?

“Social Security, which is independently funded through the payroll tax, has nothing to do with the deficit.  The deficit -- which has been cut in half since 2009 -- was significantly caused by the Bush wars in Iraq and Afghanistan, the Bush tax cuts for the wealthy and the Wall Street-induced recession, which led to a significant decline in federal revenue.

“The Republican Party and Paul Ryan cannot be allowed to get their way by threatening the American people with a continued government shutdown and a default unless Congress cuts Social Security, Medicare and Medicaid.  That is not what the American people want.  Rather, we should be passing legislation which rebuilds our infrastructure and creates millions of new jobs, address the crisis of low wage employment by raising the minimum wage, make college affordable and fight for equal pay for equal work."

Below is a recent interview that Bernie did on CNN with Wolf Blitzer which discusses these issues.

Watch Bernie and Wolf Blitzer on CNN.

Friday, October 4, 2013

IMF Warns of "Debt Catastrophe" if Debt Ceiling Isn't Raised - As Obama Takes the 14th Off the Table

Depiction of Obama from two years ago when he basically allowed the country to be extorted by the Reepo Economic Terrorists. This time he needs to approve the debt ceiling limit increase under Executive order- under the 14th amendment - even if brings on a constitutional crisis. The nation's interest must trump political interests and elections next year!

Incredibly, it appears that - despite strong advice from former Clinton aides- Obama does not have any intention of using the 14th amendment to raise the debt ceiling limit unilaterally, if the Tea Bagger driven Reepos continue their shutdown foolishness into the debt ceiling deadline of October 17th.  This despite the fact that according to a Financial Times article yesterday, the IMF has warned of a "debt catastrophe" if the U.S. doesn't pay its bills.

Let's be clear of the impact if the debt ceiling isn't raised by the due date. First, we may have about two weeks 'grace period' but then on Nov. 1st the Treasury must make a $25 billion payment to Social Security. This cannot be made if the ceiling isn't raised and that means that Social Security payments likely will be seriously delayed or not go out at all. Next, the Treasury must make a bond interest payment (on Treasury securities) of $30 billion by November 15th.  This payment assures creditors that the U.S. claim that bonds are "protected by the full faith and credit of the U.S. government" is honored. If it is not, and it won't be if the money isn't available via debt ceiling being raised, the markets will freak out. That includes the bond markets and the stock market. Two years ago, the latter dropped 17% as a result of GOP terrorism. What will it be like this time? Who knows?

Meanwhile, The Treasury Department has stated in a report:  "A default would be unprecedented and has the potential to be catastrophic. The negative spillovers could reverberate around the world, and there might be a financial crisis and recession that could echo the events of 2008 or worse."

As I noted in a previous blog (last month) The Constitution (Amendment XIV, Section 4),  is clear on the U.S. debt responsibilities:

The validity of the Public Debt of the United States, authorized by law, includes debts incurred for payment of pensions ....and shall not be questioned.

It is clear to me that if the Republican Congress refuses to act to raise the debt ceiling (and thereby honor the validity of paying the Public Debt) then President Obama can certainly issue an Executive Order to override a putatively derelict Congress and invoke Article 4 of Amendment XIV to raise the debt ceiling himself. 

But according to a UK Guardian article, Obama has no intention of doing so, thereby taking his most potent 'weapon' off the table. According to the Guardian:

" 'Using the 14th would show the Republicans he means business,' one former aide to Bill Clinton told the Guardian last week.

But the White House ruled out the option on Thursday, ending days of Washington debate about whether this obscure legal authority might provide a way out for Obama – at least from one half of Republicans' fiscal pincer movement.

 'The administration does not believe the 14th amendment gives power to the president to ignore the debt ceiling,' said spokesman Jay Carney.

'The fact that there is significant controversy around the president's authority to act unilaterally means that it would not be a credible alternative to Congress raising the debt ceiling and would not be taken seriously by the market.' "


But this is nonsense, and Carney's blather doesn't even pass a basic laugh test. Is Carney serious?  First, the President would not be "ignoring the debt ceiling"  - but rather respecting it given that a dysfunctional element in congress has obstructed its being raised!  Second, Carney's excuse that, 'There is significant controversy around the president's authority to act unilaterally'  is codswallop given  this is a prez who regularly (and unilaterally) orders drone strikes on targets from Yemen to Pakistan to Afghanistan - without any "approval" from congress.

While his drone strikes putatively address American security compromised by terrorists, clearly invoking the 14th would address Americans' domestic financial security compromised by the GOP and the incipient threat to the economic stability of the nation. Certainly, if Yemen merits a drone strike owing to incipient terrorist threats, the Repuke congress merits the 14th landing on their asses, given the Constitution clearly states. debts incurred for payment of pensions ....and shall not be questioned

So is Obama not obliged to uphold the Constitution, and in WHATEVER manner is required? I believe he is, given that the refusal to honor the nation's debts is a basis for intervention by an adult - and making specious arguments to avoid taking that responsibility  (to probably avoid political repercussions in the mid-terms next year) does not cut it. Not one bit!

Those who encourage Obama to grow some cojones believe 100% - contrary to Carney's PR blatherskite - that the power to use the 14th does inhere in the Executive if congress forfeits its own responsibilities.  In that case, Obama is obliged as the last adult in gov't to step in and seize the power to use the 14th. So yes, the power to use it  DOES EXIST IF Obama takes it. If he projects authority, and goes on the air to make clear the reasons for this extreme action, he will be as legit as JFK when he faced down U.S. Steel in 1962 and stopped them from raising steel prices.  Many in the corporate world at that time believed he "didn't have the authority to interfere in the markets" - but he did. Because he had balls, and he knew the national interest trumped petty political concerns.

Make no mistake also that the markets, contrary to Carney's nonsense, would definitely take such a move seriously, given what the alternative is!   Does Carney,  or whatever advisor is feeding Obama this foolishness,  really believe the markets would rather see a credit meltdown, default and a drop as big as the one in 2008? Puh---leeze! Do Carney and his clique really believe the markets would rather see a credit downgrade and the country's image damaged irreparably?

Will Obama have the balls to act, or will he allow the Repuke anarchists and terrorists to get the better of him again? We have to wait and see! In the meantime let's hope there are no further smokescreens giving BS reasons not to act, and more intelligent justifications for doing so. To give the Reeps a shot over the bow and show them the WH isn't going to come to a gunfight with a sling shot this time around.

Friday, September 27, 2013

Obama Must Be As Good as His Word and Not Let Himself Be Rolled Again by the PUKES!

Depiction of Obama from two years ago when he basically allowed the country to be extorted by the Reepo Economic Terrorists. This time he needs to approve the debt ceiling limit increase under Executive order- under the 14th amendment - even if brings on a constitutional crisis.


In a heartening speech yesterday Obama basically said that the nation was being held hostage on two counts - with the upcoming potential gov't shutdown if  Obamacare isn't defunded for a year, and with raising the debt ceiling to pay the nation's bills. In the latter case, if the GOOPs are allowed their extortion gambit again, it may well mean another credit downgrade, stocks crashing and people suffering.  One news anchor, Scott Pelley, on CBS New last night noted from his correspondent (Nancy Cordes) in the field, that Social Security checks could well stop going out by early November if a shutdown ensues and the debt ceiling isn't raised. For sure, all 401 National Parks will close, and service members' checks as well as military death benefits will be delayed. Thank your local Tea bagger fascist for that!

Obama responded that such a debacle would "not occur on my watch". In other words, he is not prepared to deal again with these terrorists "with bombs strapped to their bodies"  - which is literally what it amounts to. In this case, an economic "bomb" that will affect tens of millions of innocent citizens.  But will Obama hold strain, or allow himself to be rolled again by the extremists in the Tea Party? As Bill Clinton observed last night on a CBS news segment, their tactic is simply to try to dictate to Obama their terms, and not negotiate at all. This is the standard terrorist modus operandi, and in that case it requires the standard response: NO deals, no matter what transpires.

Now, it is a shame, a pity in fact, that some 33%  (in a recent CBS News poll) place the blame on the Dems for this impasse and impending economic crash, but they are either congenitally dumb, fundamentally ignorant or Reepo Foxites.  Anyone with more than air between the ears knows the reprobates are those who threaten a nation via extortion , i.e. "You will do so-and-so or these will be the consequences.",  or seek to dictate their own terms with horrific results for millions if they aren't accepted.

This time the way to deal with these thugs is obvious. In the case of the potential shutdown, given more sane Reeps are against it in the Senate, there is no issue on refusing to make any deals. The fallout will be largely on the heads of the Teepee House which Boehner has shown he can't control. That means someone must exercise adult authority over them, and that has to be Obama. So, don't give in, let the cards fall where they may, but don't yield....not one inch, not one nanometer!

They will demand "spending cuts" in return for paying debts already owed, but this nuts. The graph below shows the spending cuts ought to have occurred under Bush II's term, since the spending increases were actually MUCH greater during his rein, yet the debt ceiling was raised 7 times without fanfare!
The numbers in the chart come from Budget of the United States Government: Historical Tables Fiscal Year 2012. They are just the amounts that the government spent and borrowed, period, Anyone can go look then up. People who claim that Obama "tripled the deficit" are either misled or are trying to mislead, stupid or outright lying to gain specious political advantage.

One can easily see that over his tenure Bush's deficits consistently increased and at his last budget showed a $1.4 trillion deficit. This was fobbed off directly onto Obama.

Bush's overall spending increase was 88% over his time, vs. 7.2% for Obama. If anything, Obama's spending immediately after he took office wasn't enough, and we ought to have had at least double the stimulus he implemented and with NO tax cuts!


In the case of the next round, over the debt ceiling, the solution is also clear as day. If the Reepos won't raise it to pay existing debts then Obama needs to do so on his own, and fuck them and their terrorist ways. The Constitution (Amendment XIV, Section 4),  stipulates:

The validity of the Public Debt of the United States, authorized by law, includes debts incurred for payment of pensions ....and shall not be questioned.

It is clear to me that if the Republican Congress refuses to act to raise the debt ceiling (and thereby honor the validity of paying the Public Debt) then President Obama can and MUST issue an Executive Order to override a putatively derelict Congress and invoke Article 4 of Amendment XIV to raise the debt ceiling himself. If this triggers a "constitutional crisis" then let it be! If the Reepos are going to act in an extremist way you must be MORE extremist in the interest of the nation. You cannot roll over again. Or evince a scenario such as depicted in the bottom cartoon from two years ago.

We have in fact, because of the Teepees and their lot, been leading up to a showdown for some time, given the polarization in the country. What better way to resolve it than via a constitutional crisis?  I am fully convinced, given what's at stake, that even the Roberts Supreme Court will see where the national interest lies and side with Obama  - if he has the courage to raise the debt ceiling limit on his own authority - given the congress has devolved into reckless simpletons who can't be trusted with the keys to the congressional rest rooms, far less the nation's economic welfare.

Give in to these turds again, as he did two years ago, and Obama will only be recalled as a weak and timid wuss who was unable to deliver more than tough rhetoric in the nation's moment of need.


Monday, March 18, 2013

Boehner and Ryan Admit Repuke Deficit Hysteria is a Hoax

Well, it’s been a long time coming, but as I’ve been writing over and over on my blog the GOP –fomented deficit crisis is all horse manure. It was invented by Right wing ideologues and billionaires as an excuse to justify gutting social insurance programs like Social Security and Medicare. This has now finally been openly admitted by both Boehner and Ryan on the Sunday Talk Show circuit.


Boehner finally came clean on yesterday’s edition of ABC’s “This Week” and admitted that “we do not have an immediate debt crisis.” (His admission was followed up by Budget Committee Chairman Paul Ryan, who quickly echoed much the same sentiment on  CBS’ Face the Nation).

Boehner's confession finally revealed the fact that the GOP’s fiscal alarmism is not some natural reaction to reality, but a calculated means to other ideological ends, namely destruction of the social contract embodied in Social Security and Medicare. Since these rats couldn't do it for decades by way of the front door, they are trying to break through the back door using a deficit crisis. They are aided and abetted in this by the long time ideologue, Peter G. Peterson. ((To learn more about Peterson, his contrived campaign, and his millionaire CEO buddies, go to www.petersonPyramid.org)


TIME finance columnist Rana Forhoohar (March 18, p. 18) also observes that "if you combine cuts previously agreed to in the Budget Control Act of 2011, with the tax increases secured by Obama at the end of last year and add to that things like the associated interest savings and shifts in deficit expectations by the Congressional Budget Office, we are already two thirds of the way there ." (to the $4 trillion 'grand bargain' so many Neoliberals are ga-ga over.)

Indeed, two simple steps (ok, two and a half)  could get us all the way there, or netting the remaining $1.3 trillion: Cutting the defense side of the budget by the $600b allocated for in the sequester, and raising the income tax level to cover the $200,000 income level while raising the payroll tax threshold to the $200,000 level. With these accomplished, neither Obama or anyone else has to make draconian and 'superlative' cuts to Social Security or raise Medicare premiums.

Besides, as Nobel-winning economist Paul Krugman has pointed out, “Even if we do run deficits, federal debt as a share of GDP will be substantially less than it was at the end of World War II” and “it will also be substantially less than, say, debt in several European countries in the mid to late 1990s.” It is also lower than the 80 percent of GDP level that many economists say starts to put countries in a precarious position.

    But WHY be surprised at Boehner's dishonesty? Over and over I had related their tactics (and their history) along with their prime directive and objective, emphasizing that Obama had to be smart enough not to play into their game. However, as we beheld in 2011, Obama let his guard down by allowing himself and the nation to be taken to the brink by GOP –Tea Party economic terrorists in the debt ceiling crisis. Panicked, he signed on to a “sequester” which cut equally from the domestic and military sides. The official rationale was that neither party would actually be insane enough to let it go through, but again- he underestimated GOP ideology and insanity. They were prepared to let anything happen, even take the country down a dumpster, in order to cut social benefits.


Now that the GOOPr Deficit game has been exposed, it’s time for Obama to grow a steel spine and reject all their spending cut plans and schemes (UNLESS it’s for defense). If another debt ceiling increase appears like it may be blocked, Obama needs to do what he ought to have two years ago: invoke the 14th amendment! Amendment XIV, Section 4, stipulates:


"The validity of the Public Debt of the United States, authorized by law, includes debts incurred for payment of pensions ....and shall not be questioned."


It is clear to me that if the Republican Congress refuses to act to raise the debt ceiling (and thereby honor the validity of paying the Public Debt) then President Obama can and MUST exercise an Executive Order to override a putatively derelict Congress and invoke Article 4 of Amendment XIV to raise the debt ceiling. The alternative, of not doing so, would also violate Article XIV and be lawless while also violating Sec. 8 of Article I:

"The Congress shall have the power to lay and collect taxes, duties, imposts and excises to pay Debts and provide for the common defense and General Welfare of the United States"


As for the GOP -Pentagon warmongers and their media hacks, who want us to believe Afghanistan and Iraq were real wars, this is bollocks. And the proof is in the pudding, i.e. of taxes (as opposed to tax cuts) to pay for them! Real patriots understand that wars have to be paid for out of the common public sacrifice - via higher TAXES. As my dad once told me before he passed away in July, 2009: Anyone calling for no taxes or tax CUTS during a putative wartime (as in WWII) would have been branded unpatriotic at best, and a traitor at worst. So you never heard anyone bitching, pissing and moaning when gas was rationed. Or when income taxes went up!

Not one person complained about heavy new taxes during the four years of the U.S. fighting in the Pacific theater, or in Europe, though we've seen no similar pay-go with over ten years in Afghanistan. Nor did people bitch in the immediate post-war period when the high taxes helped to finance the Marshall Plan - to help pay for the reconstruction of Europe. People were smart enough then to grasp that Europe's stability meant their own - and if they paid NOW (in higher taxes) they would be less likely to pay later in another war.


Indeed, many of those post-war taxes were still in place when the Korean War broke out. Despite ALREADY high taxes, congress passed new taxes in 1950 and 1951 to pay for the costs of the conflict. They had enough sense to know, unlike the useless miscreant tea baggers today, that if you engage in military actions - especially prolonged- they HAVE to be paid for! You can't keep signing a national credit card and expecting future generations to pay the debt!

If the Repukes want to continue to hide behind their phoney baloney deficit lies and obstruction, let them be the first to come out and either fess up that those two "wars" we've allegedly fought were phony wastes of blood and treasure, OR, they were real wars that now have to be PAID for! If the latter and they don't allow the taxes to be raised to do so, they are not merely dissemblers but traitors!