Pages

Jump to bottom

8 comments

1 EPR-radar  Mon, Jan 14, 2013 3:18:25pm

I remain a fan of the direct approach —- Congress has mandated spending and taxation that is inconsistent with the debt ceiling.

If Congress passes inconsistent laws, then the Executive gets to choose which to follow.

Thus, in my view, it would be perfectly legitimate for the Obama administration to view the debt ceiling as being null and void. Especially given the stupid debt ceiling pet tricks the House Republicans are up to.

Naturally, this sensible approach does not appear to be under consideration in DC.

2 [deleted]  Mon, Jan 14, 2013 3:45:26pm
3 Randall Gross  Mon, Jan 14, 2013 4:33:30pm

This has come into play before, and in all past cases treasury has said it must operate FIFO & that anything else would be illegal. For congress to make such a bill legal, it would have to pass the Senate, go to conference, and then get signed. Toomey’s fantasizing if he’s thinking he can make that happen, it’s as unrealistic as the platinum coin bs.

4 CuriousLurker  Mon, Jan 14, 2013 6:12:41pm

re: #2 cilento

I want to know why you feature all of these asshat people on this site. You will never change the mind of their supporters, all you do is give them a pulpit that they can use on their sites. Can it be you are one of them in disguse?

Piss off, troll. I wonder which asshat’s sock you are—no matter, you’ll probably be gone soon.

5 Obdicut  Mon, Jan 14, 2013 6:23:36pm

re: #2 cilento

Curses, you’ve discovered the secret.

6 Interesting Times  Mon, Jan 14, 2013 6:26:20pm

re: #4 CuriousLurker

Piss off, troll. I wonder which asshat’s sock you are—no matter, you’ll probably be gone soon.

Bwahaha, sure enough, the comment was deleted literally seconds after I read it :P

7 aagcobb  Mon, Jan 14, 2013 8:54:13pm

As I said on another thread about the debt ceiling, while there are Tea Party Congressmen who would welcome the chaos, Boehner and McConnell both know triggering a depression would end the GOP. There will be a last minute deal, as there was with the fiscal cliff. The only question is how much turmoil and damage to the economy will they inflict by flirting with default until the last possible moment.

8 stabby  Tue, Jan 15, 2013 2:23:06am

Prioritization may be illegal.

They mentioned on the radio that the Treasury Dept said last time that it lacked the authority to pay in any manner other than First In First Out.

[Link: www.law.harvard.edu…]

Bad news folks.


This page has been archived.
Comments are closed.

Jump to top

Create a PageThis is the LGF Pages posting bookmarklet. To use it, drag this button to your browser's bookmark bar, and title it 'LGF Pages' (or whatever you like). Then browse to a site you want to post, select some text on the page to use for a quote, click the bookmarklet, and the Pages posting window will appear with the title, text, and any embedded video or audio files already filled in, ready to go.
Or... you can just click this button to open the Pages posting window right away.
Last updated: 2016-01-01 10:29 am PST
LGF User's Guide RSS Feeds Tweet

Help support Little Green Footballs!

Subscribe now for ad-free access!Register and sign in to a free LGF account before subscribing, and your ad-free access will be automatically enabled.

Donate with
PayPal
Square Cash Shop at amazon
as an LGF Associate!
Recent PagesClick to refresh
Taser or Shoot First, Then Ask Questions Later?Rapid City, S.D. - The Rapid City Police Department and the Pennington County Sheriff’s Department have been unfair in their racial profiling of Native Americans, particularly young Native American men. Rapid City Police and Pennington County Deputies are too quick ...
Samuel Vargo
9 hours, 6 minutes ago
Views: 737 • Comments: 1 • Rating: 0
Tweets: 26 • Share to Facebook
Shares: 91
Comments: 4
: 91
Expert’s Advice: Don’t Engage With the Alt-Right on Campus The event, organized by the campus’s Division of Equity and Inclusion, comes ahead of a series of student-sponsored events next Sunday through Wednesday that are expected to bring right-wing speakers to campus for noon and evening rallies, although the ...
Thanos
13 hours, 34 minutes ago
Views: 333 • Comments: 0 • Rating: 0
Tweets: 34 • Share to Facebook
Shares: 2
Comments: 0
: 2
Mass Protest in Philippines Over Duterte ‘Dictatorship’ Opponents criticised Mr Duterte's open threat to reinstate martial law and his brutal war on drugs that has killed thousands. Thousands also attended rival pro-Duterte rallies. Mr Duterte's own son Paolo is facing allegations of drug trafficking. The president ...
Thanos
23 hours, 16 minutes ago
Views: 444 • Comments: 0 • Rating: 0
Tweets: 25 • Share to Facebook
Shares: 2
Comments: 0
: 2
the Killers - Run for CoverArtists: The KillersDirected By: Tarik MikouCo-Directed By: Eric MorinWritten By: Flowers, Stoermer, Vannucci, Price, Cameron, Lee, MarleyProducers: Jacknife Lee, Daniel Jean, Olivier Picard, David Pierrat(C) 2017 Island Records, a division of UMG Recordings, Inc. vevo.ly
Thanos
2 days, 21 hours ago
Views: 402 • Comments: 0 • Rating: 0
Tweets: 0 • Share to Facebook
Shares: 0
Comments: 0
: 0
(12) LATEST: 7.1 Magnitude Quake Kills 119 as Buildings Crumble in MexicoMexico’s federal government says the death toll in a magnitude 7.1 earthquake has risen to 119.
Thanos
2 days, 22 hours ago
Views: 424 • Comments: 0 • Rating: 1
Tweets: 1 • Share to Facebook
Shares: 0
Comments: 0
: 0
Exploring Child Marriage Around the World The age at which people first marry can have long-lasting implications for their physical, economic and social well-being -- particularly when marriage first happens at a young age. As part of our forthcoming global research on child marriage, we ...
Birth Control Works
2 days, 23 hours ago
Views: 374 • Comments: 0 • Rating: 0
Tweets: 0 • Share to Facebook
Shares: 0
Comments: 0
: 0
Failing Charter Schools Have a Reincarnation Plan — ProPublica This past June, Florida’s top education agency delivered a failing grade to the Orange Park Performing Arts Academy in suburban Jacksonville for the second year in a row. It designated the charter school for kindergarten through fifth grade as ...
Birth Control Works
2 days, 23 hours ago
Views: 403 • Comments: 0 • Rating: 0
Tweets: 0 • Share to Facebook
Shares: 0
Comments: 0
: 0
How Renaissance Painting Smoldered With a Little Known Hallucinogen Bosch provides the most fertile ground for art lovers wanting to believe that hallucinogenic fungi may have a significant place in art history. This is partially because the painter has a special connection to Anthony, depicting the saint over ...
Birth Control Works
4 days, 10 hours ago
Views: 511 • Comments: 1 • Rating: 2
Tweets: 0 • Share to Facebook
Shares: 0
Comments: 0
: 0
Hillary Clinton’s ‘What Happened’ Says Something Revealing About America Later, Clinton brings a similar wistfulness to her account of the second debate with Trump, at which he stalked her on stage, seeking to intimidate her. “Do you stay calm,” she asks, referring to her options, “keep smiling and ...
Birth Control Works
4 days, 11 hours ago
Views: 459 • Comments: 0 • Rating: 0
Tweets: 0 • Share to Facebook
Shares: 0
Comments: 0
: 0
Honey Glazed Apple Strudel : Recipe INGREDIENTS1 package of frozen croissant dough (hey I'm in a wheelchair!)1/2 c. breadcrumbs1/2 c. (1/2 stick) butter or margarine8 Apples (4 Granny Smith & 4 Honeycrisp)1/2 c. dried Montmorency cherries (optional)2 Tbsp rum or kirschwasser (optional)1/2 c. sugar1/4 c. ...
The Vicious Babushka
4 days, 13 hours ago
Views: 557 • Comments: 2 • Rating: 3
Tweets: 4 • Share to Facebook
Shares: 0
Comments: 0
: 0