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	<title>Comments on: Pelosi: Obama should just use the 14th Amendment to set his own debt ceiling</title>
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	<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/</link>
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		<title>By: georgeofthedesert</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-2/#comment-6624058</link>
		<dc:creator>georgeofthedesert</dc:creator>
		<pubDate>Tue, 08 Jan 2013 03:05:42 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6624058</guid>
		<description><![CDATA[&lt;em&gt;Constitution&lt;/em&gt; &lt;em&gt;&lt;strong&gt;Constitution&lt;/strong&gt;&lt;/em&gt;&lt;em&gt; We don&#039;t need no stinking Constitution&lt;/em&gt;]]></description>
		<content:encoded><![CDATA[<p><em>Constitution</em> <em><strong>Constitution</strong></em><em> We don&#8217;t need no stinking Constitution</em></p>
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	<item>
		<title>By: ROCnPhilly</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-2/#comment-6623841</link>
		<dc:creator>ROCnPhilly</dc:creator>
		<pubDate>Tue, 08 Jan 2013 01:07:06 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6623841</guid>
		<description><![CDATA[&lt;blockquote&gt;

IlikedAUH2O on January 7, 2013 at 2:07 PM

&lt;/blockquote&gt;

Actually I saw your post.  The overspending under George Bush was more than I would have liked, but the majority of that was championed by the Left and wasn&#039;t even near what they wanted to spend. 

One can ignore every word uttered by any liberal mouthpiece posing as an expert on anything.  They serve their America-hating-paycheck-providers by prostituting their credentials repeating wordsmithed, focus group tested, reality-free talking points. No one need consult the writings or utterences of these cowards. One need only read White House propaganda feeds. It&#039;s all right there everyday. Read those and the CNNs and the Media Matters in the stream are superfluous. It amazes me that anyone even pays attention to them anymore, that they haven&#039;t cratered like Air America and AlGore Zero.

How anyone can seriously believe our economy&#039;s present 30 degree list is George Bush&#039;s fault should find simple unadjusted graphs of government spending and government debt spanning the last 12 years. There is an obvious spike in those graphs. What changed at that time? And was that George Bush&#039;s idea?

As patriots who love this country, we need to stop frequenting liberal sites, stop watching liberal news and concentrate on starving them as they are attempting to starve us. No more Springsteen, Striesand, or Green Day.  Stop watching, quoting or even acknowledging Mathews, Maddow or Williams. Completely ignore the so-called financial experts and &quot;unbiased&quot; economists trotted out to make baseless predictions of an impending utopia to lull the stupid into feeling blissfully peaceful as their childrens&#039; futures are destroyed. 

We can&#039;t confiscate their funds, but we can diminish their incomes. Step up and starve the parasites.]]></description>
		<content:encoded><![CDATA[<blockquote>
<p>IlikedAUH2O on January 7, 2013 at 2:07 PM</p>
</blockquote>
<p>Actually I saw your post.  The overspending under George Bush was more than I would have liked, but the majority of that was championed by the Left and wasn&#8217;t even near what they wanted to spend. </p>
<p>One can ignore every word uttered by any liberal mouthpiece posing as an expert on anything.  They serve their America-hating-paycheck-providers by prostituting their credentials repeating wordsmithed, focus group tested, reality-free talking points. No one need consult the writings or utterences of these cowards. One need only read White House propaganda feeds. It&#8217;s all right there everyday. Read those and the CNNs and the Media Matters in the stream are superfluous. It amazes me that anyone even pays attention to them anymore, that they haven&#8217;t cratered like Air America and AlGore Zero.</p>
<p>How anyone can seriously believe our economy&#8217;s present 30 degree list is George Bush&#8217;s fault should find simple unadjusted graphs of government spending and government debt spanning the last 12 years. There is an obvious spike in those graphs. What changed at that time? And was that George Bush&#8217;s idea?</p>
<p>As patriots who love this country, we need to stop frequenting liberal sites, stop watching liberal news and concentrate on starving them as they are attempting to starve us. No more Springsteen, Striesand, or Green Day.  Stop watching, quoting or even acknowledging Mathews, Maddow or Williams. Completely ignore the so-called financial experts and &#8220;unbiased&#8221; economists trotted out to make baseless predictions of an impending utopia to lull the stupid into feeling blissfully peaceful as their childrens&#8217; futures are destroyed. </p>
<p>We can&#8217;t confiscate their funds, but we can diminish their incomes. Step up and starve the parasites.</p>
]]></content:encoded>
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	<item>
		<title>By: petunia</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-2/#comment-6623399</link>
		<dc:creator>petunia</dc:creator>
		<pubDate>Mon, 07 Jan 2013 21:40:28 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6623399</guid>
		<description><![CDATA[What is the point in even fighting anymore?  There is no country left.  What the founders wanted means nothing anymore.  Freedom is gone.

We have entered a post-American America and there is no going back to any form of sane government.

The problem is there is no place better to go to.  This is all there is in the entire world.  In the entire world. There is no freedom left.  

The slight of hand Pelosi uses, Moveon.org uses... just keeps up the illusion that we have a voice.  We don&#039;t.  It is all bought and paid for and we can watch football or play videos games while we become the Borg.  There is nothing to fight for anymore... that chance is gone. (Our last chance was gone in about 2009 when the attacks on Romney started and the right took Obama&#039;s bait, to destroy him.  Don&#039;t blame the left, we did this to our self.  More so if you supported Ron Paul... every political distraction brought us to this.)

The Brave New World of totalitarianism is here.  There is no going back.

How about those Sea Hawks eh?]]></description>
		<content:encoded><![CDATA[<p>What is the point in even fighting anymore?  There is no country left.  What the founders wanted means nothing anymore.  Freedom is gone.</p>
<p>We have entered a post-American America and there is no going back to any form of sane government.</p>
<p>The problem is there is no place better to go to.  This is all there is in the entire world.  In the entire world. There is no freedom left.  </p>
<p>The slight of hand Pelosi uses, Moveon.org uses&#8230; just keeps up the illusion that we have a voice.  We don&#8217;t.  It is all bought and paid for and we can watch football or play videos games while we become the Borg.  There is nothing to fight for anymore&#8230; that chance is gone. (Our last chance was gone in about 2009 when the attacks on Romney started and the right took Obama&#8217;s bait, to destroy him.  Don&#8217;t blame the left, we did this to our self.  More so if you supported Ron Paul&#8230; every political distraction brought us to this.)</p>
<p>The Brave New World of totalitarianism is here.  There is no going back.</p>
<p>How about those Sea Hawks eh?</p>
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		<title>By: yhxqqsn</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6623203</link>
		<dc:creator>yhxqqsn</dc:creator>
		<pubDate>Mon, 07 Jan 2013 20:33:01 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6623203</guid>
		<description><![CDATA[Like a good train wreck. We just can&#039;t get enough of these freaks.]]></description>
		<content:encoded><![CDATA[<p>Like a good train wreck. We just can&#8217;t get enough of these freaks.</p>
]]></content:encoded>
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		<title>By: IlikedAUH2O</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6623000</link>
		<dc:creator>IlikedAUH2O</dc:creator>
		<pubDate>Mon, 07 Jan 2013 19:34:21 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6623000</guid>
		<description><![CDATA[&lt;blockquote&gt;Now, repeat after me, “It’s all George Bush’s fault”…

ROCnPhilly on January 7, 2013 at 1:39 PM&lt;/blockquote&gt;

I am leaving this now. 

You have some other conservative (my economist) alone and off fighting at least six liberals on this subject. I am deserting him as I am tired. 

You are the very devil.

Well done.]]></description>
		<content:encoded><![CDATA[<blockquote><p>Now, repeat after me, “It’s all George Bush’s fault”…</p>
<p>ROCnPhilly on January 7, 2013 at 1:39 PM</p></blockquote>
<p>I am leaving this now. </p>
<p>You have some other conservative (my economist) alone and off fighting at least six liberals on this subject. I am deserting him as I am tired. </p>
<p>You are the very devil.</p>
<p>Well done.</p>
]]></content:encoded>
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	<item>
		<title>By: IlikedAUH2O</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622987</link>
		<dc:creator>IlikedAUH2O</dc:creator>
		<pubDate>Mon, 07 Jan 2013 19:31:43 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622987</guid>
		<description><![CDATA[&lt;strong&gt;Blame....&lt;em&gt;blam!&lt;/em&gt;&lt;/strong&gt;

I have come to agree with you more strident posters here.

In addition to the slams above, see this poster, who shall remain anonymous since his thinking is so utterly consistent with my liberal friends, I could quote them. To save time, scan most then just read the bold:


&lt;blockquote&gt;Here are some more lies that are in need of attention. Lie #1: Republicans care deeply about the debt. Look at the debt progress over the last 30 years. They only care about the debt when they don&#039;t occupy the White House. When they do occupy the White House it&#039;s big tax cuts and big spending on their favorites.Free wars for everybody. Massive unfunded mandates. Insane missle systems. Lie#2 Republicans care deeply about unemployment. Hogwash. They care about cutting off unemployment benefits in order to preserve tax breaks for the rich. When they have the White House then suddenly the stock market is the real indicator of the economy.&lt;strong&gt; Lie#3 The president is solely responsible for the debt. Appropriations are done by the house of representatives which has been controlled by republicans since jan. 2011, so they have a trillion or so to add to GWs total during the 6 years he had the house in GOP hands. I have lots more if you like.&lt;/strong&gt;&lt;/blockquote&gt;]]></description>
		<content:encoded><![CDATA[<p><strong>Blame&#8230;.<em>blam!</em></strong></p>
<p>I have come to agree with you more strident posters here.</p>
<p>In addition to the slams above, see this poster, who shall remain anonymous since his thinking is so utterly consistent with my liberal friends, I could quote them. To save time, scan most then just read the bold:</p>
<blockquote><p>Here are some more lies that are in need of attention. Lie #1: Republicans care deeply about the debt. Look at the debt progress over the last 30 years. They only care about the debt when they don&#8217;t occupy the White House. When they do occupy the White House it&#8217;s big tax cuts and big spending on their favorites.Free wars for everybody. Massive unfunded mandates. Insane missle systems. Lie#2 Republicans care deeply about unemployment. Hogwash. They care about cutting off unemployment benefits in order to preserve tax breaks for the rich. When they have the White House then suddenly the stock market is the real indicator of the economy.<strong> Lie#3 The president is solely responsible for the debt. Appropriations are done by the house of representatives which has been controlled by republicans since jan. 2011, so they have a trillion or so to add to GWs total during the 6 years he had the house in GOP hands. I have lots more if you like.</strong></p></blockquote>
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		<title>By: IlikedAUH2O</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622967</link>
		<dc:creator>IlikedAUH2O</dc:creator>
		<pubDate>Mon, 07 Jan 2013 19:25:17 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622967</guid>
		<description><![CDATA[&lt;blockquote&gt;IlikedAUH2O on January 7, 2013 at 2:16 PM&lt;/blockquote&gt;

I think we need an accounting firm to do a tabulation as somebody is really losing track of the numbers here.]]></description>
		<content:encoded><![CDATA[<blockquote><p>IlikedAUH2O on January 7, 2013 at 2:16 PM</p></blockquote>
<p>I think we need an accounting firm to do a tabulation as somebody is really losing track of the numbers here.</p>
]]></content:encoded>
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		<title>By: Colony14</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622944</link>
		<dc:creator>Colony14</dc:creator>
		<pubDate>Mon, 07 Jan 2013 19:19:15 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622944</guid>
		<description><![CDATA[Pelosi’s argument is absurd. the Amendment says, in part, “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.” But that does not give Obama free rein to spend money any way he chooses. Additionally, any public debt must be “authorized by law”—which certainly would not be the case if Obama ignored the law.]]></description>
		<content:encoded><![CDATA[<p>Pelosi’s argument is absurd. the Amendment says, in part, “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.” But that does not give Obama free rein to spend money any way he chooses. Additionally, any public debt must be “authorized by law”—which certainly would not be the case if Obama ignored the law.</p>
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		<title>By: IlikedAUH2O</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622935</link>
		<dc:creator>IlikedAUH2O</dc:creator>
		<pubDate>Mon, 07 Jan 2013 19:16:59 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622935</guid>
		<description><![CDATA[&lt;blockquote&gt;Now, repeat after me, “It’s all George Bush’s fault”…

ROCnPhilly on January 7, 2013 at 1:39 PM&lt;/blockquote&gt;


&lt;strong&gt;For more pearls from your opposition on this topic, search Media Matters, September 5, 2012 12:52 PM EDT ››› SIMON MALOY and the blog piece, &lt;em&gt;Quoting Paul Ryan On The Debt&lt;/em&gt;&lt;/strong&gt;

Candidate Paul Ryan commented on the debt spiral while on the campaign trail. &quot;Of all the broken promises from President Obama, this is probably the worst one because this debt is threatening jobs today, it is threating (sic) prosperity today,&quot; 

Here, the majority of the present debt is laid at the feet of Candidate Paul Ryan and former President Bush.

&lt;em&gt;&quot;Uncritical quotation of Ryan&#039;s debt attack abounds -- NBC, ABC, the Los Angeles Times, National Journal, and so on. But as Ezra Klein pointed out during last week&#039;s Republican National Convention, which featured a prominently displayed debt clock in the convention hall, the majority of current debt can be laid at the feet of George W. Bush and the Republican-controlled Congress of the early 2000s.

The specific Bush-era policies driving debt, according to the Center on Budget and Policy Priorities, are the tax cuts, the wars in Iraq and Afghanistan, and the bailouts of Wall Street and Fannie and Freddie. Economic recovery measures put in place under Obama, i.e. the stimulus, play a comparatively miniscule part in the total debt picture.&quot;&lt;/em&gt;]]></description>
		<content:encoded><![CDATA[<blockquote><p>Now, repeat after me, “It’s all George Bush’s fault”…</p>
<p>ROCnPhilly on January 7, 2013 at 1:39 PM</p></blockquote>
<p><strong>For more pearls from your opposition on this topic, search Media Matters, September 5, 2012 12:52 PM EDT ››› SIMON MALOY and the blog piece, <em>Quoting Paul Ryan On The Debt</em></strong></p>
<p>Candidate Paul Ryan commented on the debt spiral while on the campaign trail. &#8220;Of all the broken promises from President Obama, this is probably the worst one because this debt is threatening jobs today, it is threating (sic) prosperity today,&#8221; </p>
<p>Here, the majority of the present debt is laid at the feet of Candidate Paul Ryan and former President Bush.</p>
<p><em>&#8220;Uncritical quotation of Ryan&#8217;s debt attack abounds &#8212; NBC, ABC, the Los Angeles Times, National Journal, and so on. But as Ezra Klein pointed out during last week&#8217;s Republican National Convention, which featured a prominently displayed debt clock in the convention hall, the majority of current debt can be laid at the feet of George W. Bush and the Republican-controlled Congress of the early 2000s.</p>
<p>The specific Bush-era policies driving debt, according to the Center on Budget and Policy Priorities, are the tax cuts, the wars in Iraq and Afghanistan, and the bailouts of Wall Street and Fannie and Freddie. Economic recovery measures put in place under Obama, i.e. the stimulus, play a comparatively miniscule part in the total debt picture.&#8221;</em></p>
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		<title>By: IlikedAUH2O</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622900</link>
		<dc:creator>IlikedAUH2O</dc:creator>
		<pubDate>Mon, 07 Jan 2013 19:07:24 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622900</guid>
		<description><![CDATA[&lt;blockquote&gt;Now, repeat after me, “It’s all George Bush’s fault”…

ROCnPhilly on January 7, 2013 at 1:39 PM&lt;/blockquote&gt;

Ok, it is all George Bush&#039;s fault. 

Did you miss my prior post wherein the left has offered the hypothesis that even the new, problematic EPA rules are Bush&#039;s fault? 

See the new York Times  December 30, 2010 or search William K Reilly although Media Matters is still carrying on (and honestly quoting the source) ---- such comments were clearly made then. 

&lt;em&gt;“These are hand grenades, and the pins have been pulled,” said William K. Reilly, administrator of the environmental agency under the first President George Bush.....With Mr. Obama’s hand forced by the mandates of the Clean Air Act and a 2007 Supreme Court decision, his E.P.A. will impose the first regulation of major stationary sources of greenhouse gases starting Jan. 2.&lt;/em&gt;]]></description>
		<content:encoded><![CDATA[<blockquote><p>Now, repeat after me, “It’s all George Bush’s fault”…</p>
<p>ROCnPhilly on January 7, 2013 at 1:39 PM</p></blockquote>
<p>Ok, it is all George Bush&#8217;s fault. </p>
<p>Did you miss my prior post wherein the left has offered the hypothesis that even the new, problematic EPA rules are Bush&#8217;s fault? </p>
<p>See the new York Times  December 30, 2010 or search William K Reilly although Media Matters is still carrying on (and honestly quoting the source) &#8212;- such comments were clearly made then. </p>
<p><em>“These are hand grenades, and the pins have been pulled,” said William K. Reilly, administrator of the environmental agency under the first President George Bush&#8230;..With Mr. Obama’s hand forced by the mandates of the Clean Air Act and a 2007 Supreme Court decision, his E.P.A. will impose the first regulation of major stationary sources of greenhouse gases starting Jan. 2.</em></p>
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		<title>By: ConMom</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622873</link>
		<dc:creator>ConMom</dc:creator>
		<pubDate>Mon, 07 Jan 2013 19:01:38 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622873</guid>
		<description><![CDATA[[...] Moments in Budding Dictatorships: Pelosi: Obama should just use the 14th Amendment to set his own debt ceiling Share this:TwitterFacebookLike this:LikeBe the first to like this.   Tags: Fiscal Cliff [...]]]></description>
		<content:encoded><![CDATA[<p>[...] Moments in Budding Dictatorships: Pelosi: Obama should just use the 14th Amendment to set his own debt ceiling Share this:TwitterFacebookLike this:LikeBe the first to like this.   Tags: Fiscal Cliff [...]</p>
]]></content:encoded>
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		<title>By: Cleombrotus</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622868</link>
		<dc:creator>Cleombrotus</dc:creator>
		<pubDate>Mon, 07 Jan 2013 18:59:27 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622868</guid>
		<description><![CDATA[&lt;blockquote&gt;Unfortunately, the answer is “nothing”. &lt;strong&gt;It has gone on too long. &lt;/strong&gt;We as a country already owe more money than exists in the entire world. Since it is now impossible to pay the money back, even if the tax rates were at 100%, inflation must occur. This means all your savings, all my savings, everyone’s savings are actually worth nothing, but have yet to circulate to zero value. I say zero here because even though it would in theory still have some value, currency loses value when its ass-wiping utility outweighs its buying power. It then becomes a commodity.

ROCnPhilly on January 7, 2013 at 1:05 PM&lt;/blockquote&gt;


Yeah, that&#039;s what I thought.]]></description>
		<content:encoded><![CDATA[<blockquote><p>Unfortunately, the answer is “nothing”. <strong>It has gone on too long. </strong>We as a country already owe more money than exists in the entire world. Since it is now impossible to pay the money back, even if the tax rates were at 100%, inflation must occur. This means all your savings, all my savings, everyone’s savings are actually worth nothing, but have yet to circulate to zero value. I say zero here because even though it would in theory still have some value, currency loses value when its ass-wiping utility outweighs its buying power. It then becomes a commodity.</p>
<p>ROCnPhilly on January 7, 2013 at 1:05 PM</p></blockquote>
<p>Yeah, that&#8217;s what I thought.</p>
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		<title>By: ROCnPhilly</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622809</link>
		<dc:creator>ROCnPhilly</dc:creator>
		<pubDate>Mon, 07 Jan 2013 18:39:31 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622809</guid>
		<description><![CDATA[&lt;blockquote&gt;
When China refuses to buy our debt because of a fear that we won’t be able to pay it back, Pelosi can go over there and tell them that its unconstitutional.

dcman98 on January 7, 2013 at 1:16 PM
&lt;/blockquote&gt;

I think China wised up a while ago. They were pretty slow witted to invest so much in the U.S., considering that Japan has suffered for more than 20 years because of exactly the same type of overinvestment.

I believe the next move for China will be a push to force us to index the debt to the yuan or, heaven forbid, gold. Progressives would love that as it will weaken America&#039;s self-concept, further limit the Fed&#039;s control over the currency and render our outstanding debt visibly permanent.  It is already mostly-permanent, but the optics are bad to say that now.  Pelosi and crew might even get some responsibility splashed on them. Much better to have the Chicoms wear the black hats. This would probably be a good time for the sitting Treasury Secretary to bow out. I already feel sorry for the mark who takes that position next. 
 
Now, repeat after me, &quot;It&#039;s all George Bush&#039;s fault&quot;...]]></description>
		<content:encoded><![CDATA[<blockquote><p>
When China refuses to buy our debt because of a fear that we won’t be able to pay it back, Pelosi can go over there and tell them that its unconstitutional.</p>
<p>dcman98 on January 7, 2013 at 1:16 PM
</p></blockquote>
<p>I think China wised up a while ago. They were pretty slow witted to invest so much in the U.S., considering that Japan has suffered for more than 20 years because of exactly the same type of overinvestment.</p>
<p>I believe the next move for China will be a push to force us to index the debt to the yuan or, heaven forbid, gold. Progressives would love that as it will weaken America&#8217;s self-concept, further limit the Fed&#8217;s control over the currency and render our outstanding debt visibly permanent.  It is already mostly-permanent, but the optics are bad to say that now.  Pelosi and crew might even get some responsibility splashed on them. Much better to have the Chicoms wear the black hats. This would probably be a good time for the sitting Treasury Secretary to bow out. I already feel sorry for the mark who takes that position next. </p>
<p>Now, repeat after me, &#8220;It&#8217;s all George Bush&#8217;s fault&#8221;&#8230;</p>
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		<title>By: dcman98</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622725</link>
		<dc:creator>dcman98</dc:creator>
		<pubDate>Mon, 07 Jan 2013 18:16:29 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622725</guid>
		<description><![CDATA[When China refuses to buy our debt because of a fear that we won&#039;t be able to pay it back, Pelosi can go over there and tell them that its unconstitutional.]]></description>
		<content:encoded><![CDATA[<p>When China refuses to buy our debt because of a fear that we won&#8217;t be able to pay it back, Pelosi can go over there and tell them that its unconstitutional.</p>
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		<title>By: ROCnPhilly</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622690</link>
		<dc:creator>ROCnPhilly</dc:creator>
		<pubDate>Mon, 07 Jan 2013 18:05:09 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622690</guid>
		<description><![CDATA[&lt;blockquote&gt;

Assuming for the moment that we’d have a Congress that really DID want to do something about the problem, what WOULD we have to do to reverse or slow down the process at this point?

Cleombrotus on January 7, 2013 at 10:42 AM

&lt;/blockquote&gt;

Great question.  

Unfortunately, the answer is &quot;nothing&quot;. It has gone on too long. We as a country already owe more money than exists in the entire world. Since it is now impossible to pay the money back, even if the tax rates were at 100%, inflation must occur. This means all your savings, all my savings, everyone&#039;s savings are actually worth nothing, but have yet to circulate to zero value. I say zero here because even though it would in theory still have some value, currency loses value when its ass-wiping utility outweighs its buying power.  It then becomes a commodity.

All Congress can do is marginally affect the rate at which the system crashes. No republican wants it to crash on their watch. The liberals would like it to crash right now, but are content to continue siphoning our wealth into their own pockets until the crash comes. Not that the money would be worth any more to them, in the long run it isn&#039;t. But it is worth something now and they use that money now to purchase something that will be worth much more later:  power over you. They are draining the power of wealth from their foes and investing it in the power of their friends.

Bad news, I know. I thought I would take the opportunity to share this before the powers-that-be and the powers-that-will-be destroy the people who provide free speech forums such as this.

Looks like I picked a bad time to quit smoking, drinking and video games...]]></description>
		<content:encoded><![CDATA[<blockquote>
<p>Assuming for the moment that we’d have a Congress that really DID want to do something about the problem, what WOULD we have to do to reverse or slow down the process at this point?</p>
<p>Cleombrotus on January 7, 2013 at 10:42 AM</p>
</blockquote>
<p>Great question.  </p>
<p>Unfortunately, the answer is &#8220;nothing&#8221;. It has gone on too long. We as a country already owe more money than exists in the entire world. Since it is now impossible to pay the money back, even if the tax rates were at 100%, inflation must occur. This means all your savings, all my savings, everyone&#8217;s savings are actually worth nothing, but have yet to circulate to zero value. I say zero here because even though it would in theory still have some value, currency loses value when its ass-wiping utility outweighs its buying power.  It then becomes a commodity.</p>
<p>All Congress can do is marginally affect the rate at which the system crashes. No republican wants it to crash on their watch. The liberals would like it to crash right now, but are content to continue siphoning our wealth into their own pockets until the crash comes. Not that the money would be worth any more to them, in the long run it isn&#8217;t. But it is worth something now and they use that money now to purchase something that will be worth much more later:  power over you. They are draining the power of wealth from their foes and investing it in the power of their friends.</p>
<p>Bad news, I know. I thought I would take the opportunity to share this before the powers-that-be and the powers-that-will-be destroy the people who provide free speech forums such as this.</p>
<p>Looks like I picked a bad time to quit smoking, drinking and video games&#8230;</p>
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		<title>By: Schadenfreude</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622665</link>
		<dc:creator>Schadenfreude</dc:creator>
		<pubDate>Mon, 07 Jan 2013 17:57:58 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622665</guid>
		<description><![CDATA[God damn the gnatbrains.]]></description>
		<content:encoded><![CDATA[<p>God damn the gnatbrains.</p>
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		<title>By: Fleuries</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622645</link>
		<dc:creator>Fleuries</dc:creator>
		<pubDate>Mon, 07 Jan 2013 17:51:37 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622645</guid>
		<description><![CDATA[Mrs. Pelosi says she ALWAYS RAISED THE DEBT cieling when George Bush was president...THAT IS BECAUSE SHE WAS WRITING THE SPENDING BILLS!
while &quot;George Bush&quot; was &quot;spending lavishly&quot;... We republicans have been trying to get her to admit to this for about 6 years now.

What we see now, is that when Obama doesn&#039;t want to sign things, he doesn&#039;t have to, but when Bush didn&#039;t want to sign them in to law, he was trying to kill children.]]></description>
		<content:encoded><![CDATA[<p>Mrs. Pelosi says she ALWAYS RAISED THE DEBT cieling when George Bush was president&#8230;THAT IS BECAUSE SHE WAS WRITING THE SPENDING BILLS!<br />
while &#8220;George Bush&#8221; was &#8220;spending lavishly&#8221;&#8230; We republicans have been trying to get her to admit to this for about 6 years now.</p>
<p>What we see now, is that when Obama doesn&#8217;t want to sign things, he doesn&#8217;t have to, but when Bush didn&#8217;t want to sign them in to law, he was trying to kill children.</p>
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	<item>
		<title>By: easyt65</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622508</link>
		<dc:creator>easyt65</dc:creator>
		<pubDate>Mon, 07 Jan 2013 16:59:40 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622508</guid>
		<description><![CDATA[Will someone PLEASE just throw a bucket of water on this hag &amp; give her broomstick to the Wizard so he will give us something out of that lil&#039; red velvet bag to help Obama go away &amp; our nation to recover from this Liberal/Progressive nightmare?!]]></description>
		<content:encoded><![CDATA[<p>Will someone PLEASE just throw a bucket of water on this hag &amp; give her broomstick to the Wizard so he will give us something out of that lil&#8217; red velvet bag to help Obama go away &amp; our nation to recover from this Liberal/Progressive nightmare?!</p>
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	<item>
		<title>By: IlikedAUH2O</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622414</link>
		<dc:creator>IlikedAUH2O</dc:creator>
		<pubDate>Mon, 07 Jan 2013 16:22:22 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622414</guid>
		<description><![CDATA[&lt;strong&gt;Our lost dialectic.&lt;/strong&gt;

Her posture is another testament of the failure of the 2012 campaign* and the failure of the media to move issues forward by providing a foil to both sides in news conferences, interviews and an informed public. 

A democracy or republic freezes when both the election campaigns and media reporting fail to provide synoptic presentations and keep the dynamic of an active consideration of issues operating. 

Nobody has noticed how the fawning media, a weak opposition party and the general manipulation of the  electorate are setting a destructive trajectory in governance. Thank God we are not facing even more serious problems today. 

Thank goodness it was Benghazi and not Pearl Harbor. 

It is mostly just money.]]></description>
		<content:encoded><![CDATA[<p><strong>Our lost dialectic.</strong></p>
<p>Her posture is another testament of the failure of the 2012 campaign* and the failure of the media to move issues forward by providing a foil to both sides in news conferences, interviews and an informed public. </p>
<p>A democracy or republic freezes when both the election campaigns and media reporting fail to provide synoptic presentations and keep the dynamic of an active consideration of issues operating. </p>
<p>Nobody has noticed how the fawning media, a weak opposition party and the general manipulation of the  electorate are setting a destructive trajectory in governance. Thank God we are not facing even more serious problems today. </p>
<p>Thank goodness it was Benghazi and not Pearl Harbor. </p>
<p>It is mostly just money.</p>
]]></content:encoded>
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	<item>
		<title>By: ghostwalker1</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622408</link>
		<dc:creator>ghostwalker1</dc:creator>
		<pubDate>Mon, 07 Jan 2013 16:20:40 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622408</guid>
		<description><![CDATA[&lt;blockquote&gt;“We always passed the debt ceiling [increases] when President Bush was president, as he was incurring these massive debts and the Republicans weren’t saying ‘boo’ at the time,” &lt;/blockquote&gt;

Sooo... the debt that Zero and your fellow Dems have rung up must be Ginormous-Spectaculossol!  Right?  Sheesh, this is the same mental giant who said, &quot;We have to pass the bill to find out what&#039;s in it!&quot;  Which, in my opinion should have earned Madame Pelosi either a jail cell or a stay in the Rubber Ramada.  I am starting to believe that liberalism is an early warning sign of serious mental disorder.

&lt;blockquote&gt;WHAT is in it for them?

PappyD61 on January 7, 2013 at 8:12 AM&lt;/blockquote&gt;

Any and every precedent they can use to ultimately get rid of that pesky old document that stands in their way.]]></description>
		<content:encoded><![CDATA[<blockquote><p>“We always passed the debt ceiling [increases] when President Bush was president, as he was incurring these massive debts and the Republicans weren’t saying ‘boo’ at the time,” </p></blockquote>
<p>Sooo&#8230; the debt that Zero and your fellow Dems have rung up must be Ginormous-Spectaculossol!  Right?  Sheesh, this is the same mental giant who said, &#8220;We have to pass the bill to find out what&#8217;s in it!&#8221;  Which, in my opinion should have earned Madame Pelosi either a jail cell or a stay in the Rubber Ramada.  I am starting to believe that liberalism is an early warning sign of serious mental disorder.</p>
<blockquote><p>WHAT is in it for them?</p>
<p>PappyD61 on January 7, 2013 at 8:12 AM</p></blockquote>
<p>Any and every precedent they can use to ultimately get rid of that pesky old document that stands in their way.</p>
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	<item>
		<title>By: IlikedAUH2O</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622389</link>
		<dc:creator>IlikedAUH2O</dc:creator>
		<pubDate>Mon, 07 Jan 2013 16:09:06 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622389</guid>
		<description><![CDATA[&lt;blockquote&gt;1) Funny thing about Obama and the 14th Amendment…

2) Funny thing about Obama and the 14th Amendment… (continued)

ITguy on January 7, 2013 at 8:29 AM&lt;/blockquote&gt;

1) Since nobody with any influence cares about things like President Obama&#039;s qualifications, the issues are dead. We had an election and it wasn&#039;t even mentioned.

2) The Democrats have some deep seated rage about President Bush&#039;s profligate spending. They feel he wasted all that money while they have vital programs and reasonable expenditures.

3) If you have no grasp of math or finance, the entire Republican resistance on spending has an irritating quality and perhaps a sinister or hateful motivation.]]></description>
		<content:encoded><![CDATA[<blockquote><p>1) Funny thing about Obama and the 14th Amendment…</p>
<p>2) Funny thing about Obama and the 14th Amendment… (continued)</p>
<p>ITguy on January 7, 2013 at 8:29 AM</p></blockquote>
<p>1) Since nobody with any influence cares about things like President Obama&#8217;s qualifications, the issues are dead. We had an election and it wasn&#8217;t even mentioned.</p>
<p>2) The Democrats have some deep seated rage about President Bush&#8217;s profligate spending. They feel he wasted all that money while they have vital programs and reasonable expenditures.</p>
<p>3) If you have no grasp of math or finance, the entire Republican resistance on spending has an irritating quality and perhaps a sinister or hateful motivation.</p>
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	<item>
		<title>By: UltimateBob</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622361</link>
		<dc:creator>UltimateBob</dc:creator>
		<pubDate>Mon, 07 Jan 2013 16:00:19 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622361</guid>
		<description><![CDATA[Pelosi has the dull lifeless eyes of a shark.]]></description>
		<content:encoded><![CDATA[<p>Pelosi has the dull lifeless eyes of a shark.</p>
]]></content:encoded>
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	<item>
		<title>By: Fleuries</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622362</link>
		<dc:creator>Fleuries</dc:creator>
		<pubDate>Mon, 07 Jan 2013 16:00:13 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622362</guid>
		<description><![CDATA[Watch for this fuzzy wording from democrats:

&lt;blockquote&gt;Liberal and centrist Democrats say revenues collected through tax reform should go to deficit reduction.

Read more: http://thehill.com/homenews/senate/275815-democrats-looking-for-up-to-1t-in-new-tax-revenues-this-year#ixzz2HIzMIJ6v
&lt;/blockquote&gt;

Sorry it is from another article, but here is how this idea will be twisted:

&quot;Democrats want to &lt;em&gt;pay down the debt&lt;/em&gt;, and Republicans won&#039;t LET them raise enough money to do that.&quot;

When actually, they want to raise more taxes to pay for NEW spending, that &lt;em&gt;would be&lt;/em&gt; more deficit spending in today&#039;s situation. This is the &quot;deficit spending&quot; they want to address, not paying off the debt that stands now. Not working on the deficit for borrowing that covers the spending on the books now.

Mrs. Pelosi thinks that a democrat President ought to be able to authorize the spending he &quot;needs&quot; to do the things that suit his campaign message. It is mis applied thinking...you campaign on it, people vote for it, and therefore they voted for the cash to go with it...the way they twist things, like if congress passed all these laws, they congress ought to pony up enough spending to cover it (Barbara Boxer said that, last week.)

The yearly deficits, and the debt, and this year&#039;s deficits are all confusing terms for people who think voting has to do with texting the number they like best to &lt;em&gt;American Idol&lt;/em&gt;.]]></description>
		<content:encoded><![CDATA[<p>Watch for this fuzzy wording from democrats:</p>
<blockquote><p>Liberal and centrist Democrats say revenues collected through tax reform should go to deficit reduction.</p>
<p>Read more: <a href="http://thehill.com/homenews/senate/275815-democrats-looking-for-up-to-1t-in-new-tax-revenues-this-year#ixzz2HIzMIJ6v" rel="nofollow">http://thehill.com/homenews/senate/275815-democrats-looking-for-up-to-1t-in-new-tax-revenues-this-year#ixzz2HIzMIJ6v</a>
</p></blockquote>
<p>Sorry it is from another article, but here is how this idea will be twisted:</p>
<p>&#8220;Democrats want to <em>pay down the debt</em>, and Republicans won&#8217;t LET them raise enough money to do that.&#8221;</p>
<p>When actually, they want to raise more taxes to pay for NEW spending, that <em>would be</em> more deficit spending in today&#8217;s situation. This is the &#8220;deficit spending&#8221; they want to address, not paying off the debt that stands now. Not working on the deficit for borrowing that covers the spending on the books now.</p>
<p>Mrs. Pelosi thinks that a democrat President ought to be able to authorize the spending he &#8220;needs&#8221; to do the things that suit his campaign message. It is mis applied thinking&#8230;you campaign on it, people vote for it, and therefore they voted for the cash to go with it&#8230;the way they twist things, like if congress passed all these laws, they congress ought to pony up enough spending to cover it (Barbara Boxer said that, last week.)</p>
<p>The yearly deficits, and the debt, and this year&#8217;s deficits are all confusing terms for people who think voting has to do with texting the number they like best to <em>American Idol</em>.</p>
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		<title>By: TheRightMan</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622354</link>
		<dc:creator>TheRightMan</dc:creator>
		<pubDate>Mon, 07 Jan 2013 15:57:27 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622354</guid>
		<description><![CDATA[Republicans in the House should counter that if Obama supercedes his authority to unilaterally raise the debt ceiling, they will also defund a number of departments and make deep slashes in the budget. They would also initiate impeachment proceedings against him.

Unfortunately, that presupposes that we have real &quot;leaders&quot; in the House which we all know NOT to be true. With wimps like Boehner in charge, Obama would do it and nothing will happen to him.]]></description>
		<content:encoded><![CDATA[<p>Republicans in the House should counter that if Obama supercedes his authority to unilaterally raise the debt ceiling, they will also defund a number of departments and make deep slashes in the budget. They would also initiate impeachment proceedings against him.</p>
<p>Unfortunately, that presupposes that we have real &#8220;leaders&#8221; in the House which we all know NOT to be true. With wimps like Boehner in charge, Obama would do it and nothing will happen to him.</p>
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		<title>By: newpine</title>
		<link>http://hotair.com/archives/2013/01/07/pelosi-obama-should-just-use-the-14th-amendment-to-set-his-own-debt-ceiling/comment-page-1/#comment-6622352</link>
		<dc:creator>newpine</dc:creator>
		<pubDate>Mon, 07 Jan 2013 15:56:42 +0000</pubDate>
		<guid isPermaLink="false">http://hotair.com/?p=237659#comment-6622352</guid>
		<description><![CDATA[Can anyone else see how the right to bear arms figures into the current discussion on the national debt? Criminal politicians will have to disarm us soon and prior to them ruining our currency. Otherwise, individual, ordinary citizens may elect to enforce term limits on our corrupt, criminal politicians, Democrats and, ESPECIALLY, LYING RINO REPUBLICANS. Is this what our Founding Fathers foresaw and predicted?]]></description>
		<content:encoded><![CDATA[<p>Can anyone else see how the right to bear arms figures into the current discussion on the national debt? Criminal politicians will have to disarm us soon and prior to them ruining our currency. Otherwise, individual, ordinary citizens may elect to enforce term limits on our corrupt, criminal politicians, Democrats and, ESPECIALLY, LYING RINO REPUBLICANS. Is this what our Founding Fathers foresaw and predicted?</p>
]]></content:encoded>
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