"Raise the Debt Limit or
Default on the Federal Government Debt"
Big Lie
Head of the Regime Biden asserts he has the power, under the 14th Amendment, to unilaterally raise the Federal Debt Limit without Congress's consent.
The actual words of the Amendment, however, suggest differently: It is Congress that has plenary power over the Debt, not whoever holds the office of President.
"Section 5 - The Congress shall have the power to enforce, by appropriate legislation, the provisions of this article."
Some weeks ago Speaker McCarthy made a political mistake when he spoke (6 February 2023) and supported 'raising the debt ceiling' but with 'reservations'. In early May the Republican House Majority passed a Debt Increase 217 to 215, with several Freedom Caucus Republicans refusing to vote in favor.
When a government has to borrow more to pay the interest on its debt it is clearly bankrupt, but for the largesse of its creditors. No one who lends money to the US Government under those circumstances has a legitimate expectation of being repaid. Repudiation of the debt may be the only choice of future generations and may be the necessary precondition for the restoration of the Republic.
Both governing parties, what we can call the Uniparty, are unwilling to stop the bubble the massive 'printing' of fiat currency must engender. Both sides of the Uniparty depend on pumping the bubble, primarily through ever growing agencies and programs. Both sides will keep the game going until the formerly 'good as gold' US Dollar evaporates even more than it has over the past century of Federal Reserve fiat monopoly.
Pointing out the truth of the Federal Debt, some suggest, violates the 14th Amendment's clause against 'questioning' the Debt. I cannot imagine that the authors of the Amendment thought the 14th Amendment amended the First Amendment. Those who say that 'failing to raise the debt limit' will cause the Federal Government to 'default' on its debt are lying -- so long as they have trillions in taxes coming in they can service their debt -- and they are "questioning the debt" themselves...
Calling debt-financed government 'fraud' is protected speech.
