WASHINGTON, DC - Political analysts are debating the President's power under the 14th Amendment Public Debt clause "for services in suppressing insurrection or rebellion, shall not be questioned."
Can Obama permanently remove the GOP and Tea Party as members of the American political process if the Democrats can push the US to insolvency? Some observers feel that Senate Democrats' fear of GOP victories in 2012 have led them to support annulment of Congress by the Executive branch, even if bankrupting the US economy with exploding National Debt is the only way to do it.
While the ACLU is confident of the legal authority of the President to seize anything and everything of value within the US for settlement of the Public Debt (essentially a 100% property tax, plus 100% income tax), Conservatives and Tea Party members are very "put-off" by this debt solution.
In May, the Obama 2012 Federal Budget was rejected by the Senate which his own party controls. Was the Senate 0-For and 97-Against vote on the Obama Budget a deliberate ploy by the Democrat Party? Some doubt the President was serious about any budget at all.
Kevin, Senate Administrative Intern: I don't think the President wanted the budget to pass. He was talking to Senate Democrats about spending and revenue, and without warning, he'd yell "PENIS," and it happened like a dozen times. I didn't see the budget myself, but I heard it used the terms "spooge", "road-whore", "capitalist-ball-lickers", and "smegma."
Unanimous rejection of Obama's 2012 Budget may seem to indicate two sides in disagreement. However, conspiracy experts explain how the opposite may be true. Anonymous senior editors of The Illuminati Post and The Trilateral Commission/Bilderberg Times commented on the American politics:
"It is a classic maneuver, the I-Was-AGAINST-the-Subversive-Plot-BEFORE-I-Was-FOR-the-Subversive-Plot, where an initial meaningless political act allows the members of a conspiracy to claim that they actually disagree with one another. When conspiring to fix the outcome of a vote, you want the outcome to seem legitimate, perhaps with a close margin of victory, but large enough to be undisputed. Generally speaking, a 0-97 vote while seeking absolute power reveals a grotesque lack of sophistication. Then again, the Washington DC politicians may believe the American voters are the most STUPID animals on the planet; therefore, sophistication would seem irrelevant."
In news completely unrelated to possible collapse of the US economy and a dollar with no more value than toilet paper: George Soros plans to close his hedge-fund next year, giving all of his investors paper American dollars, while he retains two or more tons of gold as part of his $25 billion in holdings.