Biden And Left Wing Democrats Looked At 14th Amendment Because They're Dumb SOBs

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White House Says 14th Amendment Won’t ‘Fix The Current’ Debt Problem​

By Brandon Drey

May 23, 2023 DailyWire.com

The White House on Tuesday said invoking the 14th Amendment to prevent the U.S. from defaulting on $31 trillion debt won’t solve the national crisis after nearly a dozen left-wing Senators suggested President Joe Biden use such authority.

“It is not going to deal with the problem that we’re currently having at this moment, at this time,” White House press secretary Karine Jean-Pierre told reporters. “What we need to focus on is Congress acting.”

The debt ceiling, a statute established by Congress that prevents the government from spending beyond a predetermined national debt limit of $31.4 trillion, exceeded the threshold earlier this year.

Treasury Secretary Janet Yellen affirmed in a letter that her agency expects to default as early as the first day of June unless lawmakers amend the debt limit. Republicans desire to link a temporary increase in the debt ceiling with spending caps, while Democrats say they prefer separate processes for debt limit negotiations and budget reforms.

More here: https://www.dailywire.com/news/white-house-says-14th-amendment-wont-fix-the-current-debt-problem


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REPORT Budget And Spending

The Fourteenth Amendment Is No Blank Check for Debt Increases​

July 11, 2011 8 min read Download Report
grossman

Andrew Grossman
Former Visiting Fellow
Andrew served as a Visiting Fellow.


Abstract: A clause of the Fourteenth Amendment to the United States Constitution provides, “The validity of the public debt of the United States…shall not be questioned.” Far from authorizing the President to incur more debt—a power vested solely in Congress—this clause bars Congress from repudiating debt that it has already incurred. Whether a default would amount to repudiation is an open question, but one that need not be answered at a time when tax revenues are sufficient to service current debt. Not only is the debt limit consistent with the Constitution’s separation of powers, but there is a colorable argument that it, or something like it, is constitutionally mandated.

The full report here: https://www.heritage.org/budget-and...eenth-amendment-no-blank-check-debt-increases
 
There are people who believe the 14th could be used. They aren't crazy. As long as Congress (all of Congress including the Senate) fails to complete the debt ceiling increase, the risk is there and every option should be explored.
 
We can just send the bills to the actual President, Donald John Trump, at the Southern White House, Mar-A-Lago.
 
While the media is whipping up a crisis atmosphere, Wall Street is unperturbed. This is because the financial aristocracy is confident an agreement will ultimately be reached. “The consensus in the market,” a CNBC reporter commented, “is a deal will get done.”

The Socialist Equality Party calls on workers to oppose the bipartisan conspiracy and develop a powerful industrial and political offensive against the assault on their rights. When it comes to attacking social programs upon which millions of people depend, the mantra of the state is: Never let a good crisis go to waste.’

Are you sure it’s democrats you should kick? Where do you see them doing this?
 
‘The “crisis” over the debt limit has a thoroughly contrived character, with the participation of both political parties and the media. According to the unchallenged narrative, the world will come to an end and everything will be lost if the two capitalist parties aren’t able to come to agreement to slash social spending within the next several weeks.

No one in the media cares to mention the origins of the massive levels of debt accumulated by the American government, which have been built up primarily as a result of trillions of dollars in military expenditures combined with the bailout of the banks and tax cuts for the rich.’


https://www.wsws.org/en/articles/2023/05/17/pers-m17.html
 
‘The “crisis” over the debt limit has a thoroughly contrived character, with the participation of both political parties and the media. According to the unchallenged narrative, the world will come to an end and everything will be lost if the two capitalist parties aren’t able to come to agreement to slash social spending within the next several weeks.

No one in the media cares to mention the origins of the massive levels of debt accumulated by the American government, which have been built up primarily as a result of trillions of dollars in military expenditures combined with the bailout of the banks and tax cuts for the rich.’


https://www.wsws.org/en/articles/2023/05/17/pers-m17.html
The bailout of the banks returned a profit to the government. Whoever wrote the horseshit above is absolutely lying.

https://en.m.wikipedia.org/wiki/Eme...he bailout's,loss when adjusted for inflation.

Early estimates for the bailout's risk cost were as much as $700 billion; however, TARP recovered $441.7 billion from $426.4 billion invested, earning a $15.3 billion profit or an annualized rate of return of 0.6%, and perhaps a loss when adjusted for inflation.
Source the above quote cited: https://www.wsj.com/articles/ally-financial-exits-tarp-as-treasury-sells-remaining-stake-1419000430
 
‘A critical part in this ruling class conspiracy is played by pseudo-left organizations of the upper-middle class, which support the Democratic Party and the imperialist proxy war against Russia in Ukraine. Democratic Socialists of America member Alexandria Ocasio-Cortez, a member of the House Democratic caucus, viciously attacks socialists who oppose Biden and the Democrats and fight for the independent political mobilization of the working class against capitalism.

But all she can say in response to Biden’s preparations to impose social attacks on the working class is to call them “profoundly destructive” and warn Biden that he should expect “push-back.’


Mr. Biden, Sir — expect pushback.

Oh wow. What a powerful defence of those unwashed toiling masses …

https://www.wsws.org/en/articles/2023/05/17/pers-m17.html
 
‘A critical part in this ruling class conspiracy is played by pseudo-left organizations of the upper-middle class, which support the Democratic Party and the imperialist proxy war against Russia in Ukraine. Democratic Socialists of America member Alexandria Ocasio-Cortez, a member of the House Democratic caucus, viciously attacks socialists who oppose Biden and the Democrats and fight for the independent political mobilization of the working class against capitalism.

But all she can say in response to Biden’s preparations to impose social attacks on the working class is to call them “profoundly destructive” and warn Biden that he should expect “push-back.’


Mr. Biden, Sir — expect pushback.

Oh wow. What a powerful defence of those unwashed toiling masses …

https://www.wsws.org/en/articles/2023/05/17/pers-m17.html
Posting multiple pieces of the same article doesn't add anything to the discussion....it just avoids the four paragraph rule of the forum.
 
Biden should just order Treasury to print $31 Trillion. Debt paid off. Problem solved.

🤷‍♀️👀
 
Biden should just order Treasury to print $31 Trillion. Debt paid off. Problem solved.

🤷‍♀️👀
Not exactly. Every debt is a claim on the labor of the toiling class. Such moneys have no value until they are paid for.

The way you pay for them is through massive cuts to social spending.

In this way, the whole burden of pandemic losses, war as stated policy, and the buildup to WW III [already in very late planning stages] is paid for entirely by the proletariat.

The ruling class is a luxury which the working class, which is the 90%, can no longer afford. This socially parasitic class must be cut free and allowed to float to its own destiny on its own.
 
The ruling class is a luxury which the working class, which is the 90%, can no longer afford. This socially parasitic class must be cut free and allowed to float to its own destiny on its own.

This thinking will doom the planet. Without a ruling class, there is no law and order. Without funding from "the rich" there is no innovation or economy.

Then there's the question of where you draw the line between the working class and ruling class. And who gets to draw that line.

Small minds will always insist on a division between "them" and "me." There's no future in that because there's only "us."
 
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White House Says 14th Amendment Won’t ‘Fix The Current’ Debt Problem​

By Brandon Drey

May 23, 2023 DailyWire.com

The White House on Tuesday said invoking the 14th Amendment to prevent the U.S. from defaulting on $31 trillion debt won’t solve the national crisis after nearly a dozen left-wing Senators suggested President Joe Biden use such authority.

“It is not going to deal with the problem that we’re currently having at this moment, at this time,” White House press secretary Karine Jean-Pierre told reporters. “What we need to focus on is Congress acting.”

The debt ceiling, a statute established by Congress that prevents the government from spending beyond a predetermined national debt limit of $31.4 trillion, exceeded the threshold earlier this year.

Treasury Secretary Janet Yellen affirmed in a letter that her agency expects to default as early as the first day of June unless lawmakers amend the debt limit. Republicans desire to link a temporary increase in the debt ceiling with spending caps, while Democrats say they prefer separate processes for debt limit negotiations and budget reforms.

More here: https://www.dailywire.com/news/white-house-says-14th-amendment-wont-fix-the-current-debt-problem

Secondary Navigation​

Explore Issuesopen search

REPORT Budget And Spending

The Fourteenth Amendment Is No Blank Check for Debt Increases​

July 11, 2011 8 min read Download Report
grossman

Andrew Grossman
Former Visiting Fellow
Andrew served as a Visiting Fellow.


Abstract: A clause of the Fourteenth Amendment to the United States Constitution provides, “The validity of the public debt of the United States…shall not be questioned.” Far from authorizing the President to incur more debt—a power vested solely in Congress—this clause bars Congress from repudiating debt that it has already incurred. Whether a default would amount to repudiation is an open question, but one that need not be answered at a time when tax revenues are sufficient to service current debt. Not only is the debt limit consistent with the Constitution’s separation of powers, but there is a colorable argument that it, or something like it, is constitutionally mandated.

The full report here: https://www.heritage.org/budget-and...eenth-amendment-no-blank-check-debt-increases

This sums up Brandon;

Howie Carr | Columnist Boston Herald 5/26/23​

Howie Carr has written two New York Times bestsellers, is a member of the National Radio Hall of Fame and has won a



Is anyone really worried about the “debt ceiling?”

Fill in your own doomsday headline or chyron here — Deadline nears… Default looms… Wall Street Chaos… Taking Hostages….

If people were concerned, cable news ratings would be going up, rather than down.

And do you know why nobody is sweating over state-run media’s latest sky-is-falling walls-are-closing-in narrative? It’s because Dementia Joe Biden is in charge, and as he told us recently:

“I know more than the vast majority of people.”

Obviously. That’s why everyone is just going on about their normal Memorial Day preparations, shopping for steaks for the barbecue and boycotting Bud Light. Because Mr. and Mrs. John Q. Sixpack understand that Brandon has a firm grasp on not just the federal budget, but on everything else.

For this month’s Weekend at Brandon’s column, we begin with the budget impasse. As usual all dialogue guaranteed verbatim. Here he is, bragging about his mastery of the debt, er deficit, er whatever.

“Unlike the last guy my first two years we cut the deficit one-point-seven billion dollars trillion trillion trillion dollars not billion trillion dollars.”

Can you expand on your accomplishments, Brandon? Take your time. We’ve got all day here.

“And there’s a lot of others. For example, the idea we’re uh in terms of uh taxes that they refuse to for example we uh I was able to balance the budget and pass everything from the global-warming bill anyway I was able to cut by one-point-seven billion dollars in the first two years the deficit we er were were accumulating and uh because I was able to say that the 55 corporations in America that made 40 four hundred billion dollars or 40 billion dollars 400 billion dollars that uh they us they pay zero in tax zero….”

You think it’s easy, transcribing these musings? Even the official White House stenographer has problems. This is a transcript from May 9 on the White House website:

“I – we cut the deficit by $160 billion – billion – B-I-L-O-I-O-N – dollars on the Medicare deal. We cut the deficit by raising the tax on people making – 55 corporations tht made $40 billion to 15 percent. And the list goes on. So –“

Yesterday I listened to that actual sound cut. To me, it sounded like Biden spelled “billion” correctly. He just slurred the second l. It could go either way, so I’m going with Brandon’s own official transcript – B-I-L-O-I-O-N.

After his visit to Japan, Biden mentioned his meeting with the leader of South Korea, “President Loon.” His name is Yoon, not Loon.

At a Muslim event, Biden referred to the Koran as “the Quorum.” He called out a basketball player named “Kareem Alj Alj Abdul Jabbar.”

Then there was his press event on airline accountability.

“United Airlines also took important steps towards guaranteeing free family seating beyond not in other not cost beyond the cost of the original cost of the ticket.”

This month the president had a big problem with a small word, fees, as in, “As I said baggage freeze fees are bad enough without you knowing the costs.”

So Brandon has a solution: “I continue to call on Congress to pass the Junk Free Protection Act.”

The White House transcript helpfully corrected “Free” to “Fee.” But that wasn’t the only correction that day. Why they ever let him give out web addresses is beyond me.

“We just launched a new website flightsright.gov. Flightsright.gov.”

Correction, Brandon. It’s flightrights.gov.

Overall It’s been another great month for the president. He’s defended the rights of “LBT” students. Other topics of discussion have included the need for EV’s to have “500,000 surging tations,” the budget’s “discretionary spunding” and “out of pocket drub prices.”

In recent remarks, partners become “partisans,” the governor of Florida is “Rand DeSantis” and the star attraction of Disneyworld is “Bickey Mickey Mouse.” He reads “appliances” as “suppliances,” partners as “partisans,” meals as “males” and fees as “foos.”

Asked by a reporter about the recent election in Turkey, he replied, “Look I just hope it goes whoever wins, wins.”

A few more of Brandon’s Greatest Hits, May edition:

“It’s about being able to lick your kid in the eye and say honey it’s going to be okay and mean it.”

“They’d rather see kids and seniors struggle with eat what they need.”

“It would slash funding for Small Business Administration inspector general who fights fraud and abuse to keep this president, this program on the level.”

“Good morning um afternoon bestar before we start.”

“Birn in Bormingham born in Birmingham.”

“… combating anti-Ama American anti-Asian hate….”

“The group included groundbreaking Asian Americans like Vera Wang and and and Joan Shingang Shin I’m I’m going to pronounce it wrong Shagaha Kawawa.”
 
More of the same;

“(Correction per White House transcript: Shigekawa. Close enough for government work, I suppose.)

“If your flight is very delayed or cancelled and the airline could have prevented that from you deserve more than just getting the price of your ticket you deserve to be fully compensated.”

“I know these things may not matter to the very wealthy but they matter most to middle-class families of people struggling to get the cost of in the first place of getting on that airline and and so look –“

(Not such a big deal for his son Hunter, though, who this week took a private jet to Arkansas to plead poverty to a judge considering the appeal of Hunter’s stripper baby mama for an increase in child support for the granddaughter the president refuses to acknowledge is his own.)

And finally, Brandon’s most recent reworking of the Declaration of Independence:

“The only nation in the history of the world based on an idea that we hold these truths to be self-evident that all men and woman are created equal endowed by their creator with certain inalienable rights life liberty et cetera….”

May we quote you on that, Mr. President?”
 
Somebody clued Biden into what a dunce he looked like so now he says he won't be using the 14th Amendment.
 
Somebody clued Biden into what a dunce he looked like so now he says he won't be using the 14th Amendment.
Yes, the White House, which President Biden is the boss of, advised him. So, the advisors he trusted to properly advise him to make proper decisions did their job. For their boss. Who hired them.
 
This thinking will doom the planet. Without a ruling class, there is no law and order.
Essential, you admit that you retain the working class, the proletariat— which is the 90% — as wage-slave hostages.

Consisting of an hostile but mutually necessary alliance of the 1% [bourgeoisie] and The Next 9% [petty bourgeoisie], The ruling class maintains ‘law and order’ [defined however the 1% wants it defined].

100% correct! As Marx put it, ‘every few years, they let us decide which section of the ruling class gets to order us around.’

This is also called, the golden rule; them with the gold makes the rules. We tell the 90% what to do, and they do it — or else.

This is called ‘freedom’ [in a pig’s eye].
Without funding from "the rich" there is no innovation or economy.
The wealthy produce nothing. The point of wealth is that you don’t HAVE to work, because your wealth works FOR you.

The wealth of the wealthy is extracted from the labor of the class which works in the form of unpaid labor.

Then there's the question of where you draw the line between the working class and ruling class. And who gets to draw that line.
That was done by Karl Marx. He defined social class with reference to the system of production of goods and services.

The 1% is the ownership class; it derives wealth from owning — mines, forests, fields, factories, logistics corporations, energy corporations, communications, etc. This social class is served by the GOP.

The Next 9% is the banking-investment-finance company class; it derives wealth from returns on market investments, stocks and bonds and T-bills, etc. The Democratic Party serves this social class.

The 90% are the toilers. With no property to convert to money, or discretionary income, it lives hand to mouth on a wage set by a rapacious ruling class. This class has no party to represent it. Yet.
Small minds will always insist on a division between "them" and "me." There's no future in that because there's only "us."
Your best statement yet. You are entirely correct that the future is ‘us.’ And what political philosophy demands an end to class distinctions? It is that of Karl Marx.
 
Essential, you admit that you retain the working class, the proletariat— which is the 90% — as wage-slave hostages.

Consisting of an hostile but mutually necessary alliance of the 1% [bourgeoisie] and The Next 9% [petty bourgeoisie], The ruling class maintains ‘law and order’ [defined however the 1% wants it defined].

100% correct! As Marx put it, ‘every few years, they let us decide which section of the ruling class gets to order us around.’

This is also called, the golden rule; them with the gold makes the rules. We tell the 90% what to do, and they do it — or else.

This is called ‘freedom’ [in a pig’s eye].

The wealthy produce nothing. The point of wealth is that you don’t HAVE to work, because your wealth works FOR you.

The wealth of the wealthy is extracted from the labor of the class which works in the form of unpaid labor.


That was done by Karl Marx. He defined social class with reference to the system of production of goods and services.

The 1% is the ownership class; it derives wealth from owning — mines, forests, fields, factories, logistics corporations, energy corporations, communications, etc. This social class is served by the GOP.

The Next 9% is the banking-investment-finance company class; it derives wealth from returns on market investments, stocks and bonds and T-bills, etc. The Democratic Party serves this social class.

The 90% are the toilers. With no property to convert to money, or discretionary income, it lives hand to mouth on a wage set by a rapacious ruling class. This class has no party to represent it. Yet.

Your best statement yet. You are entirely correct that the future is ‘us.’ And what political philosophy demands an end to class distinctions? It is that of Karl Marx.

This is all BS.

The relationship between what you call "the ruling class" and the "working class" is symbiotic. Neither exists without the other because neither can be the other.

"Rulers" can't be the workers lest they lose their exclusive position as overseers.

"Workers" can't be rulers lest no workers remain to do the work required.

Both sides are held hostage to the other in symbiosis as much as all life is held hostage to the necessity of food. Your complaints about how unfair it is are based on nothing more than envy and spite that your skills and abilities don't qualify you for the gravy train ride of those you appear to despise.
 
Neither exists without the other because neither can be the other.
Wait … I thought you said that there was only as ‘us !’ What happened?
"Rulers" can't be the workers lest they lose their exclusive position as overseers.
Like I said — the wealthy have their wealth to work for them.
"Workers" can't be rulers lest no workers remain to do the work required.
And rulers have to retain a slave class and keep it subjected to ruler diktats. Just as Marx said. And as I said.
Both sides are held hostage to the other in symbiosis as much as all life is held hostage to the necessity of food.
Wait! You said no them and me but only ‘us.’ What happened?!

You use ‘ symbiosis’ where I say Capitalism.’

Except these three social classes ARE constituted by their relationship to productive forces and processes under the rule of Kapital — owners, [1%], investors [The Next 9%], and wage-slaves [the 90%].

Your complaints about how unfair it is are based on nothing more than envy and spite that your skills and abilities don't qualify you for the gravy train ride of those you appear to despise.
I complained? Where? What did I say?

You use the proletariat as a whipping post. It makes a better mirror reflection of the rapacious grasping greed of an indolent and incompetent ruling class which covets all the value which workers produce.

President Lincoln described as the spirit of the man who says, you toil to make bread, and I’ll eat it. Capitalism has figured out how to plantationize the nation while hiding Master’s diktats behind the the normal work, rule and enforcement if the state.

The gravy train ride? The toilers make the gravy and operate the train that takes the gravy to Master. Yet they are expected to be grateful for the privilege of paying Master for wielding his whip.

The ruling class couldn’t make its own $20 lattes.
 
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Wait … I thought you said that there was only as ‘us !’ What happened?

This is where you consistently go wrong. You use snark to cover up your gaffs and then try to blame the other side for your own fuckups and failures to understand the world, people, politics, and society.

Every time you're come back after being banned you've done this same bullshit. This time is no different. The worst part is that you're obviously intelligent but have decided to follow the path of the ignorant and easily led anyway.
 
This is where you consistently go wrong. You use snark to cover up your gaffs and then try to blame the other side for your own fuckups and failures to understand the world, people, politics, and society.
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