I smell a filibuster by a Democrat. Then the 14th amendment invoked by the Prez.

[cliffordu]

YMMV

[babylonsister]

1. Hot stuff!!! I thought nothing would surprise me, but that would.

:hi:, stranger!

[cliffordu]

4. HEY!!! Howyabeen!!?????

:hi:

[polichick]

2. That would be great.

[no_hypocrisy]

3. You think this whole thing has been a humungous fake out?

Letting the Republicans look at different plans, knowing they'd refuse each one, and then the filibuster-and-Fourteenth?

If so, I was fooled.

[cliffordu]

7. Yep - that's what I think.

But I am hopelessly naive and still love my pony.

[spanone]

5. k&r...

[DJ13]

6. I smell something

But I dont know if Phil did it or not.

[Bluenorthwest]

8. That would be good.

A person can dream...

[cliffordu]

9. .....But I'm not the only one..........

[bluestateguy]

10. That's fine, but what happens if/when the Supreme Court renders his orders illegal?

If we had a Supreme Court I could trust I would say fine, but it is awfully risky with the present court we have.

You know damn well the teabaggers will be in court within hours after Obama makes such an order.

[cliffordu]

I dunno. I just don't know.

[flamingdem]

14. Bill Clinton floated it, did any lawyers weigh in? Geither said no before

but that could have been posturing.

Wall St. will decide perhaps...

[riderinthestorm]

16. I believe the Supremes are even more co-opted by big money interests than Congress

And Wall St, the Chamber of Commerce, Big Corporate and Big international financial cartels would lean on SCOTUS like crazy to let the debt ceiling get raised.

NONE of the financial PTB are so radical they'd risk default by the US.

SCOTUS' big five would be given their marching orders to uphold Obama's invocation of the 14th for sure imho.

[bluestateguy]

17. I hope you are right

Imagine that: DU on the same side as Wall St. and the Chamber of Commerce.

[riderinthestorm]

18. It's shitty all around. I am NOT happy it's come to this. Obama shd be ashamed he's in this corner.

I'm disgusted.

Perhaps this is his way of "rope a doping" the Rethugs with perpetual power feints, but it's despicable to play with people's SS, Medicare and Medicaid.

It should never have come down to this in the first place.

Invoking the 14th Amendment will throw a bomb into Congress like nothing else. If we thought the Rethugs were recalcitrant miscreants before, Obama's of the 14th will ignite a firestorm akin to Clinton's impeachment. Sick.

[Tx4obama]

20. Teabaggers would not have 'standing', so they could NOT take it to the SCOTUS

SNIP

As a practical matter, I suspect no one has legal standing to challenge an executive decision to borrow in excess of the ceiling. Standing to sue entails a showing of imminent, concrete and particularized injury to the plaintiff — distinct from injury to the broader public. Perhaps Congress as a whole could claim such injury, but that would require a joint resolution, which would never pass the Democratic-controlled Senate. Moreover, even if someone had standing, the Supreme Court would likely treat the debt ceiling dispute as non-justiciable — that is, as a political question lacking legal criteria by which a court can resolve the impasse.

SNIP

http://www.cato.org/pub_display.php?pub_id=13297


Edited to fix typo.

[lumberjack_jeff]

21. We have a supreme court that we can trust - to look out for corporate interests.

There is no way the SC will invalidate an executive order preventing economic armageddon.

[nevergiveup]

11. What you are smelling

is not all that crazy. It makes as much sense as anything else.

[cliffordu]

12. It really does.....To my complete fucking surprise.

I actually don't have a CLUE as to what's going on in DC.

I think they've all been driven insane.

[flamingdem]

13. yes!!!!!!!!!! I'd love to see the teabaggers go absolutely NUTS nt

[mmonk]

15. That would be a good idea.

[global1]

19. Bernie Sanders Should Filibuster.....

How cool would that be? Not a Dem. Not a Repug. But an Independent.

[JoeyT]

22. At this point that's kind of looking like the best possible solution.

Even if someone challenges it in the SC, they're pretty unlikely to rule against it.

[madinmaryland]

23. I don't. It will take at a minimum 41 Democratic Senators, and I just don't see that happening.

Joe Liebermann??

:shrug:

[grantcart]

24. And I smell a 38 year old divorcee train passenger who is doing

her own filibuster by invoking long weekends in the Pacific Northwest not talking about the 1st, 2nd, 4th or 14th ammendment.

[cliffordu]

28. Her oral arguments are stellar. And convincing. And uplifting.

Freedom of expression (and emissions) at my place have been heavenly.

And by the way, she really, really does like me. And ALL the amendments. Heh.

[grantcart]

33. Just as long as she keeps you on the straight and narrow.

[Marr]

25. I smell an eleventh hour sell-out; a push to postpone the "grand bargain" for 30 days.

That's what our government usually does when their corruption catches the public eye more than expected. They don't abandon the plan, they just wait for the public to stop paying attention and then push it through anyway. Sort of like what GW Bush did with that port deal.

[freshwest]

26. Sanders/Clinton/14th/Obama. it could happen.

[Lugnut]

27. I hope you're right.

:kick:

[Cali_Democrat]

29. Does Obama have the spine to invoke the 14th amendment?

If the past is any indication, he does not.

[cliffordu]

30. We will see.

[lamp_shade]

31. K&R. I believe the President has a death grip on that card. Steny, Nancy, Dick,

Harry, Sheldon, Tim, Bill et all, but especially Bernie... are playing their roles brilliantly.
Imagine the repercussions if Tim were to say "We'll use that card if we have to". He doesn't dare.
The President has Boehner by the short hairs and is joyous with every tea party shoot-down.
Thanks for saying out loud what many of us observers have been thinking as this drama plays out.

[Shrek]

32. I have a practical question

Who's going to buy the debt?

There would be a lot of legal uncertainty surrounding its validity, so finding buyers might not be a slam dunk. Who's going to buy debt instruments that might later be declared worthless by a court? At what price?