Haas: This violates the enumerated powers! It would mean...it would mean the
president would have the ultimate say over spending limits.
Underwood: I'm just playing the cards I was dealt, Senator.
More details here:
http://www.opednews.com/articles/Debt-No-More-How-Obama-ca-by-Scott-Baker-Banks_Constitution-In-Crisis_Constitution-The_Constitutional-Amendments-131018-391.html
Sincerely,
Scott Baker
President of Common Ground-NYC / NY Coordinator for
the Public Banking Institute
Meanwhile, the real life Fed buys up debt clandestinely at remote locales, and the plot thickens....
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Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a former blogger for Huffington Post, Daily Kos, and Global Economic Intersection.
His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/
Scott is a former and current President of Common Ground-NY (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of (more...)