Thursday, September 19, 2013

Obama Invokes "Full Faith and Credit" to Raise Debt Ceiling

A warning shot across the bow. From a CNS article quoting Pres. Obama:
"Now, this debt ceiling -- I just want to remind people in case you haven't been keeping up -- raising the debt ceiling, which has been done over a hundred times, does not increase our debt; it does not somehow promote profligacy.  All it does is it says you got to pay the bills that you've already racked up, Congress.  It's a basic function of making sure that the full faith and credit of the United States is preserved."
(underline added). You see where he is going with this--that Congress is violating the Constitution, and it is up to him to make sure that the government complies with it.

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