Meet a True Leader: Sen.Ted Cruz…. Emerging from the Stink of Washington, D.C.

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Ted Cruz

Ted cruz WWII veterans

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The Alinsky style attacks have begun…… “Pick a target, freeze it, personalize it.”

“Wacko bird”

“Snake Oil salesman”

Watch this video of Sen. Ted Cruz and Candy Crowley of CNN and judge for YOURSELF.

Link to video

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Obama 2006 national debt

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In Obama’s OWN Words in 2008 when running for President: “Raising national debt is irresponsible….it’s unpatriotic”

**At the time of this speech the national debt was 9+ TRILLION. Since Obama took office in 2009, out debt has EXPLODED to 17 TRILLION dollars. Hmm….Bush adds 4+ TRILLION in EIGHT YEARS (including two wars), and Obama has added 8 TRILLION in FIVE YEARS.

Link to video

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****President Obama, Sec. of Treasury Jack Lew and even Sen. Harry Reid are spreading the FEAR of default if debt ceiling is not raised and that we cannot pay our debt.****

Now President Obama professes to be a Constitutional Lawyer.  Did he NOT learn the 14th Amendment of the Constitution?

The Debt Limit, the 14th Amendment and the GOP

The 14th Amendment (in part) reads:

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 the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.

Section 5. The Congress shall have power to enforce, by appropriate legislation, the provisions of this article.

Ok.

First, what is a debt?  A debt is evidenced by some instrument.  In this case the instrument is a Treasury Bill, Note or Bond.  Whether the old-fashioned style with coupons around the edge or whether newfangled and electronic, the debt of the United States must be evidenced by a formally-issued instrument.

No other item is a “debt.”  A political promise is not a debt.  Even a law that has been passed is not a debt.  A law passed that has funds appropriated but which do not exist does not create a debt.

Only an actual issued Treasury Instrument is a debt.

Congress is given the power, explicitly to enforce all the provisions of this article (Amendment 14.)

So Congress has done so.  In doing so Congress has passed legislation that limits the ability of the Treasury to issue debt to a specific maximum amount.  Congress could also limit the composition (e.g. terms and types) of debt if it so decided, but it has not — that has been left to the discretion of Treasury.

The Executive has no authority to exceed that which Congress enabled, irrespective of what it may otherwise think.

However, The Executive is bound by The Constitution (and its Amendments) as is Congress.

Therefore, Treasury must pay the debts before all other bills, under The Constitution, as only the debts of the nation have preference as shown in The Constitution!

In fact there is no other place in The Constitution where preference is expressed for any particular appropriation.  Further, Congress is well within its powers to authorize spending without a companion or attached revenue bill to raise the funds necessary (via taxes, imposts and excises.)  There are plenty of examples where such an act might make sense (e.g. anticipated tax revenue that would exceed that originally expected, an accumulated Treasury surplus, etc.) but even if there are no funds Treasury isstill constrained by the debt limit unless Congress exempts it from same.

Treasury Secretary Lew has recently threatened that he will not prioritize payments of Treasury instruments and interest should there be no increase in the debt ceiling.

This act, were he to do so, would be a black-letter impeachable offense committed by both him and Obama as the chief of the Executive branch.

Further, Treasury’s “extraordinary measures”, including the raiding of federal worker retiree funds in TSP accounts would be, if committed in a private context consideredembezzlement.  Those funds held “in trust” for someone are not yours to use (temporarily or otherwise!)

[….snip]

Now I understand the reason — the 14th Amendment doesn’t empower The President to raise the debt ceiling on his own.

No, the 14th Amendment requires him to pay the interest and principal on Treasury Notes, Bills and Bonds before anything else should there be insufficient funds to cover it all.

SOURCE

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RELATED LINKS:

Dear Mr. President: That Smell you Smell Is Not Fox News; its your Healthcare Law. **Updated September 27, 2013**

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To Those Americans that BELIEVE the Diatribe spewed by Progressive Democrats against Patriots FOR America….

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Conservatives Knew there was Liberal Media Bias; but This is Incredible

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“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”

Joseph Goebbels quotes  **Propagandist for Adolph Hitler**

Adolph Hitler and the Nazi party were SOCIAL DEMOCRATS.

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Obama has politicized the IRS to go after Conservative Groups seeking PAC’s for political groups.

One of Nixon’s articles of impeachment was for politicizing the IRS.

Nixon bad…….Obama……crickets?

**Remember America: The IRS is the AUTHORITY for enforcing Obamacare “tax” (mandate). If you DO NOT get health insurance, your wages may be garnered and liens placed against your property**

Who rules over you Voltaire

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Patriot throwing out dems and reps

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Wolves and wise

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One CommentLeave a comment

  1. Reblogged this on Romanticpoet's Weblog and commented:

    #KeepCruzin


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