so i hear all well aware ok we are currently in the middle of a government
shutdown
and now this is being viewed by many people is oh my god this
big bad horrible thing which it is I'm not downplaying it at all
but if you think this is a big deal its
peanuts compared to the crisis that's comment that crisis of course
is the debt ceiling now let me give you guys some background
information on the debt ceiling there is this common
myth amongst people who just simply and
not I'm not blaming them for this but they just don't follow
a Business Server economics or politics
because it's not their job for their busy with their own lives or their own
job right so I i get it
but people get the impression that when you talk about the debt ceiling
what that means is were gonna
decide whether or not we're gonna allow America to continue to borrow money
the government to continue to borrow money but that actually now with the
debate is about
so that discussion goes on during the budget process
when you debate the budget you may have to get going to be we're going to
allocate the money
%uh and you can have a
a difference of opinion on that about multiple things of course all the
republicans might be in favor really small
up budget the democrats might want a bigger one and they might wanna have
different priorities and that's fine you happy you know you
debated during the budget process hopefully at the end of the day that
party that won the elections guess they're way more because the Rams any
American people more
but nonetheless thats you're allowed to have disagreements at that point the
debt ceiling is about but whether or not
we will well a grainy
to pay off the debts we have already accrued so you're saying that the desert
that some major point in this debt ceiling debate that isn't me nearly
enough
so in other words if you're against raising the debt ceiling if I really a
debatable issue that's my point
if you're against raising the debt ceiling you are saying I am in favor
love being a deadbeat I'm in favor I love
not paying for something I already bought and it's so ironic that the
republican party which loves to
say that their up fiscally disciplined in their fiscal conservatives
they are the ones who are saying well not so sure we want to raise the debt
ceiling
now the realities of course they don't have a choice on wall street will kill
them and that of course their owners if they don't do it
so they're using as a political issue they're trying to say to the
democrats you want something from us we want something from you so we're gonna
what's making deals negotiated right but there's one major flaw in that argument
as Paul Krugman actually brought up
he says look in a negotiation one side want something specific the other side
won something specific also and then you
but compromise but in this case
both sides want the United States to not default on its debt
everybody was seen as a top four but that so well get have no leverage
they're making up their leverage all we have something you want
no you don't you know something everybody who has a brain wants to know
how stupid you are right
and again there overlords on in big business won't allow them to
you know screw with this but too much right
but nonetheless they are a party that has pretty much lost their mind so
they are threatening this and they are trying to extort something
for it wetherbee hey we want the Keystone XL pipeline we want you to
defund Obamacare we want
you know up a budget that is the size of the Ryan budget now let me stop there
the Ryan budget is comical
right and the democrats our sole
when fish that they actually a
Harry Reid send a budget to john Maynard okay you in
you in here take a body that's the size the Ryan budget
but please let's %uh let's I get this done let's get this worked out
and John middleman said no I want more so the democrats already given in there
because I know when I can raise the debt ceiling what you give us this western
observe ridiculous demands now here is the
up point that I have a nerd anybody make it has been some
articles in the print press but nobody in the mainstream media has made it
this is the debate ender this entire crisis that everybody is rightly afraid
of and by the way if you don't raise the debt so you know what happens
worldwide financial collapse unemployment in the United States
according to
the top economists they say it would show up to 18 percent if we can raise
the debt ceiling
again not to be able issue you wanna go to recession or depression
apparently the republicans are threatening like they do but we can
avoid all this
now how do we avoid it the Constitution of the United States of America
14th amendment section 4 quote the validity of the public debt all the
United States
authorized by law including debts incurred for payment of pensions
bounties for services in suppressing insurrection or rebellion
shall not be questioning a and
the validity of the public debt in the United States shall not
baby questionnaire and that's the 14th amendment section 4 don't take my word
for you can look it up right now
in other words it is totally and
orderly and 100 percent
within the authority of the President of the United States
to just raise the debt ceiling without going to congress you can eliminate the
debt ceiling without going through congress
so why are we even end up paying this man
if I was President Obama I would do like that in fact I think if the republicans
had known about this when they had the presidency they would I just like that
but I'll figure holding his nose in the constitution there are over whenever
congress later ago
it is so clear it's so specific do I get you can raise the debt ceiling by
suicide I don't know from Goa
yet we're debating s now the most ironic part in this all
K it's amazing man we live in a country where
the executive branch of the United States government
looks at the fourth amendment I the American people over protection from
unreasonable search and seizure
and they go spying on literally everything they do
nope that's unconstitutional do anyway solely blame initial run the 40 minute
they will get all you have a right to habeas corpus you have a right to due
process of law
and they look at Guantanamo Bay and say yup not going to know is constitutional
it's blatantly unconstitutional they will get the death penalty but death
penalty
and they look at the eighth amendment you have but you
a are protected from cruel and unusual punishment
alright if killing somebody is incall I don't know what the definition
work-release
and it is are you are by definition why because
the majority of countries around the world have abolish the death penalty
is by definition call unusual they got no we're gonna allow ourselves to do
that
so we live in a country where there are all these clear violations of the
Constitution they got no those are violations
but on this issue where it says the way to public debt shall not be questioned
the goal
we can do it the Constitution doesn't allow us well for christ sake man
we were not fuckin twilight zone we really know if I we live in a twilight
zone
we are running my absolute any its has anybody in the government
actually picked up the constitution and a reddit