[quote=The-Shoveler]We can go round and round but there are quite a few much smarter than I who think this is pretty clear.
“The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.”[/quote]Who? The debt still stands..
That said, if it is valid.. could be that Obama does not want to raise it because the debt limit increase would be on his hands. Interesting conundrum that the media is not doing a very good job of picking up.
On Friday, Mr. Obama rejected the idea, though not in categorical terms.
“I have talked to my lawyers,” Mr. Obama said. “They are not persuaded that that is a winning argument.”
