Guys, the $1T Amero coin solution to the debt ceiling appears to be a fantasy:
The Pod Save Whatevs guys in their email thingie have sumpin’ to say:
On Thursday, Pelosi suggested bypassing a vote to raise the debt ceiling altogether, calling it a “tradition” that might not be strictly necessary. She’s referencing the Constitution’s 14th Amendment, which includes a Public Debt Clause that says, “the validity of the public debt of the United States, authorized by law…shall not be questioned.” In a literal interpretation, that clause allows the president to order the Treasury to ignore the debt limit and continue borrowing after it expires. Pelosi said in 2013 that then-President Obama should have invoked the 14th Amendment when Republicans were (once again) holding the debt limit hostage, and the circumstances have only grown more dire.
I’m not a lawyer, but that seems problematical and predicts another Constitutional Crisis. What would stop amply be-chinned Mitch McConnell (or someone else equally evil — haha, trick question!) to raise it in a law suit? I’m never going to bet against the US Supreme Court’s conservatives willingness to deliberately hurt the US, which they apparently hate.
Mitch McConnell’s hostage-taking of the US and World economy situation continues; the real solution is to end the filibuster, but the Terrible Sand Kingdom of Arizonastan’s terrible Senator Sinema seems to be intractable for reasons I cannot fathom.