Tag Archives: 14th Amendment

I subscribe to Letters from an American as written by Prof. Heather to which she has hundreds of commenters. Of course, I answer some when if comes to economics, manufacturing, and supply chain. The latter two being the source of my income for some 40-something years. Rising through the ranks most certainly gave me the knowledge to access issues and provide solutions many of which were not agreed to till they were successful. Of course, I did not...

14th Amendment to the U.S. Constitution: Civil Rights (1868) | National Archives, Section 4. “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 neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against...

Follow up to; “Section 2 of the 14th Amendment” – Angry Bear (angrybearblog.com) No Republican fears Democrats or the use of Section 2 of the 14th Amendment either. Gaetz is still prancing around, McCarthy lies to the public, Eastman writes a memo to VP Pence to nullify state electoral votes, Cawthorn again caught with a pistol at TSA checkpoint, Cruz and Hawley makes stuff up as usual, etc. And marjorie green suffered a loss of memory in...

Congressional Representative Marjorie Green is playing cat and mouse with an Administrative Judge who took to questioning her as her memory keeps failing on certain things she has said in the past. Green was continuously reminded of past comments to the point of her being declared a “hostile witness.” CNN — Republican Rep. Marjorie Taylor Greene of Georgia was in court on Friday over past social media posts and commentary advocating violence to...

This is Part IV of my reply to Philip Wallach’s reply to my evaluation of his views on the platinum coin proposal and other options for settling debt ceiling conflicts. In Part I I discussed some preliminary mis-characterizations of what I said and, more importantly, why the commonly recognized fiscal policy rule that, at least over a number of years, government revenues ought to match government spending is fiscally unsustainable and fiscally irresponsible in light of deductions from the...

This is Part III of my lengthy reply to Philip Wallach’s reply to my evaluation of his views on the platinum coin proposal and other options for settling debt ceiling conflicts. In Part I I discussed some preliminary mis-characterizations of what I said and, more importantly, why the commonly recognized fiscal policy rule that, at least over a number of years, government revenues ought to match government spending is fiscally unsustainable and fiscally irresponsible in light of deductions...

I began a lengthy critical reply to Philip Wallach’s reply to my earlier analysis of his paper in Part I of this series. There I covered some preliminary mis-characterizations of what I said and, more importantly, why the commonly recognized fiscal policy rule that, at least over a number of years, government revenues ought to match government spending is fiscally unsustainable and fiscally irresponsible in light of deductions from the Sectoral Financial Balances (SFB) model. In this Part...

As I was working my way through the series of posts beginning with this one, news was announced that Republican and Democratic Party leaders in Congress, along with the President had come to agreement on the terms of ending the debt ceiling standoff in the context of a new budget deal. Their agreement provides for suspension of the debt ceiling until March of 2017; so the immediate need to turn to unusual solutions to a pending debt ceiling crisis is now gone, and, along with it,...

Upon my oath, I didn’t intend to bring back the coin proposal until much later in the renewed process of Republican hostage-taking over the debt ceiling. After all, there’s not much chance that the President would ever use the platinum coin option, because his budget policy direction of getting ever closer to a budget surplus, is best served by a “forced” compromise with the Republicans, that results in another few hundred billion in spending cuts for 2016, while allowing him to place the...