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Old 10-15-2013, 09:40 PM   #53
BucEyedPea BucEyedPea is offline
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Quote:
Originally Posted by alnorth View Post
If something doesn't happen by the 17th (or whatever later date when we actually default, it is probably somewhat later than the 17th), I think what'll happen, especially since we can not prioritize, is Obama will probably invoke the 14th amendment and ignore the debt ceiling. I previously thought he swore he wouldn't, but when you carefully parse the statements he and anyone else from the white house made on it, they never really took it off the table.
Obama will not invoke the 14th and it's unConstitutional if he did. He'll be sued. It would be a VERY bad precedent that, if copied, would be done by other presidents which is too much power taken by that branch. Might as well have a king then.
I realize you've read some material by lawyers on this but that doesn't make it correct.

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