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Re: F6 post# 149143

Friday, 07/29/2011 10:44:19 PM

Friday, July 29, 2011 10:44:19 PM

Post# of 575268
F6, the number 1, the hostage taking example .. "Suppose, by similar quirk, there was an
arbitrary ceiling on
" any more money needed for ammo for wars already committed to would
be a no conflict, and little if any debated, hurdle .. is a beauty .. i keep thinking of this little item, too ..

Rosenthal said a more persuasive argument is that the agreement in April to fund the government .. http://www.washingtonpost.com/politics/reid-says-impasse-based-on-abortion-funding-boehner-denies-it/2011/04/08/AFO40U1C_story.html .. through the remainder of the 2011 fiscal year implicitly increased the debt ceiling. By passing that agreement, Congress essentially instructed Obama to spend money in the coming months. To pay for programs Congress authorized, the government will have to borrow money.

“It’s basically an order to the executive — pay this money,” Rosenthal said. Even if the debt ceiling would block
him from doing so, “when two laws are in conflict, the more recent law is understood to supercede the first law.”

http://www.washingtonpost.com/business/economy/obama-democrats-not-ready-to-play-14th-amendment-card-with-debt-ceiling/2011/07/06/gIQAVU1O1H_story.html

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65049179

ok .. chug chug .. on to number 2 ..




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