Dr. Paul Craig Roberts www.infowars.com July 27, 2011 In my last column I suggested that an unintended outcome of the debt ceiling impasse could be Congress’ loss of the power of the purse. In this column I suggest an intended outcome that the ongoing political theater might be designed to produce. President Obama has said that he will not resort to the various powers open to him to keep the government running should Congress fail to deliver a debt ceiling increase. This is a suspicious statement, as it is not credible that a president would leave troops at war unpaid and without supplies, Social Security checks unsent and stand aside while the US dollar collapses and the credit rating of the US government is destroyed. There are national security directives and executive orders already on the books, as well as the 14th Amendment, that Obama can invoke to set aside the debt ceiling. Congress would sigh with relief that Obama had prevented the lawmakers from destroying the country. So what might be going on? One possibility is that the political theater is operating to bring about otherwise politically impossible cuts in the social safety net. If the drama continues to the absolute deadline without a deal, Obama, who perhaps favors cutting the safety net as much as do the Republicans, would have to accept the Republican package in order that the troops are not cut off from supplies, Social Security checks can continue to go out, and the dollar be saved. Having opposed the …
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oooodin
November 15, 2011 at 11:26 pm
americans today are a disgrace!!! your grandfathers are turning in theire grave over how disgusting the american people have become. the sooner americans are removed from this planet the better because theire nothing but a fat,lazy, drugged out imbecil excuse of a human and the world will be better without this cancer!!
poindexterwitkowsky
November 16, 2011 at 12:22 am
~The idea that lower corporate & individual tax rates spur job growth is a 30-year REPUBLICAN LIE. Since the implementation of the REAGAN & BUSH TAX CUTS, America has LOST MORE jobs than at any other time in its history. Not collecting a FAIR SHARE of taxes from corporations& the wealthy has spawned a SERIOUS REVENUE PROBLEM which should be a matter of NATIONAL SECURITY. On the other hand, a WORKING MIDDLE CLASS with money to spend DOES SPUR JOB GROWTH.~~AMERICA, REJECT THE REPUBLICAN LIE!
Ellipser
November 16, 2011 at 12:33 am
Bankers, privileged politicians and the media can create fear in others without feeling it themselves.
DickOPlenty
November 16, 2011 at 12:55 am
the TV talking heads must be reading the same material roberts is. they’re saying the same things he’s saying & we know they’re not smart enough to come up with their own opinions despite claiming to be experts lol both parties are indeed in on this. this IS an attempt to shift more power to the executive branch.
BrianLuper
November 16, 2011 at 1:02 am
The enemy IS NOT Washington. The real enemy is Britan and those who work for them, who RUN Washington. Everything in the USA is British in origin…..Take it all the way back to Rome, even Greece if you like. Hell they are even on the TV now and nobody seems to notice. They may pull a fast one again and “Save” the crisis from happening at the last min. But, they WILL make the USA fall in time. This is 200 some years in the making. People in this world have no idea how crafty and sneaky things R.
TheENTERRAPTURE17
November 16, 2011 at 1:34 am
RUSSIA SHOOTS DOWN A US MISSILE? VISION Of The ATTACK Of ISRAEL That Is Coming! Osama Bin Laden Dead May 1,2011/Hitler Dead April 30,1945 66 Years Apart!Another 6 is coming this year.Microchip-666 in hands and foreheads.Hell is real!Middle East and Israel conflict,WWIII?-Bible Prophecy!TO NON BELIEVERS REPENT SAVE YOUR SOULS.JESUS IS COMING!Get raptured not suffer the great tribulation.LISTEN TO PAUL BEGLEY IN YOUTUBE.
pandemoniumwest
November 16, 2011 at 2:11 am
@17seventySIX man what in the hell hey? maybe he ate a giant peanut butter sandwich or a whole pack of hubba bubba or something, maybe his polydent is failing
pandemoniumwest
November 16, 2011 at 2:53 am
oh my god how can you listen to a dude who smacks his lips together between every sentence!!! i agree with what he says but holy shit he’s annoying
Hamalakwath
November 16, 2011 at 3:08 am
they already signed over the war powers Act! so it really doesn’t matter what happens at this point!
17seventySIX
November 16, 2011 at 3:40 am
God I hate how this guy keeps smaking his lips… Irritating,, Its like he something stuck in his teeth or something….
TheENTERRAPTURE17
November 16, 2011 at 3:59 am
TEXAS “WATER TURNS RED LIKE BLOOD” Bible Prophecy VISION Of The ATTACK Of ISRAEL That Is Coming! Osama Bin Laden Dead May 1,2011/Hitler Dead April 30,1945 66 Years Apart!Another 6 is coming this year.Microchip-666 in hands and foreheads.Hell is real!Middle East and Israel conflict,WWIII?-Bible Prophecy!TO NON BELIEVERS REPENT SAVE YOUR SOULS.JESUS IS COMING!Get raptured not suffer the great tribulation.LISTEN TO PAUL BEGLEY IN YOUTUBE.
rosulja71
November 16, 2011 at 4:29 am
Emma Markovic lived in besieged Sarajevo and survived shelling by the fascist forces of Ratko Mladic. Her parents and Emma moved to Norway after war. Emma was wounded in the attack by Anders B. on that island. She survived the attack by swimming 2km away from island. Aleks Jones posted big article on his infowars site defending fascism of Ratko Mladic. BRAVO ALEX, BRAVO! Maybe it’s time to drop Serbian lobby and look for thruth? If you really are infowarrior, you should apologize to Emma!
599891
November 16, 2011 at 4:51 am
It’s over Johnny!!!!!!!!!
jmjfanss
November 16, 2011 at 5:43 am
@pancholordofthecouch
But Paul Craig Roberts was the co-founder of reaganomics.
pancholordofthecouch
November 16, 2011 at 6:37 am
I like Paul Craig Roberts but he was NOT the father of Reaganomics! Milton Friedman was. READ THE SHOCK DOCTRINE!
FluffyWesties
November 16, 2011 at 6:48 am
China is now offering to provide ‘security assistance’ to aus government… China is training 1,000,000 english speaking troops in hannan province…globalists have moved their ops centre to China! They are wrecking the west and dragging us into wars to bleed us dry.
rickkluga
November 16, 2011 at 7:25 am
nothing happens by chance, it is all planed!
istofal
November 16, 2011 at 8:11 am
they are doing it because the banks are telling them to do it. they dont work for the people.
imingzee
November 16, 2011 at 8:52 am
Full steam ahead people!!!! If you think debt will stop being issued in five days you are dreaming some sort of American dream.
PhilippineAmerican
November 16, 2011 at 9:17 am
Government should shut down for good.
RockTheOcean4me
November 16, 2011 at 9:18 am
You don’t have to go for default. Just give your huge strategic oil reserves to the ones you owe the money to.
thirdwaffle
November 16, 2011 at 9:57 am
i like when they talk to this guy. and he writes good articles. he previously talked about unseen growing tension between china russia and usa. could u imagine full scale war involving those 3 powers? damn. but i dont think that would happen
paulcoonan
November 16, 2011 at 9:58 am
Breaking news! One day only at the Bon Marche, the “Balanced Approach” sale! Taking the lead of Obama, the Bon Marche will be raising their prices, and tell you, you are saving!
Almost sounds believable when it comes out of Obama’s mouth doesn’t it?
thetimman00
November 16, 2011 at 10:23 am
The vast pressure is to destroy the US Dollar. So do it already.
tk291100
November 16, 2011 at 11:16 am
The US “DEBTONATION” the clock is ticking, the Republicans raised the debt ceiling 7 times under Bush and now they cant raise the debt ceiling? Republicans want the US to default?