The Trillion Amero Solution

The New Trillion Amero Design?

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.

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2 Responses to The Trillion Amero Solution

  1. roket says:

    It would be helpful if at least they would pretend to care about the debt when they are large and in charge.


  2. I’ve said it more than once, but The US has fiat currency…no gold or silver standard for almost a century. Guaranteed income for anybody who’s become surplus labor or aged out of the labor pool. $25K per year ought to be enough for rent, utilities, and a bit of liquor and weed. America! Fuck yeah!


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