The Fourteenth Amendment Part 6
I find it very odd that a President of these United States and a supposed Constitutional Professor and Scholar is being urged by his party members to increase the debt ceiling, further debasing the American economy and the value of the US Dollar, to use this Fourteenth Amendment; more specifically section 4 which states:
“The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any state shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.”
This amendment was NOT intended for the future Presidents to raise the debt ceiling for it was Jefferson who eloquently stated:
“We must not let our rulers load us with perpetual debt. We must make our election between economy and liberty or profusion and servitude. If we run into such debt, as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our calling and our creeds…[we will] have no time to think, no means of calling our miss-managers to account but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers…And this is the tendency of all human governments. A departure from principle in one instance becomes a precedent for [another ]…till the bulk of society is reduced to be mere automatons of misery…And the fore-horse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression.”
This section is simply the acknowledgement of Public Debt accrued due to the Civil War, the War Between the States, or the War of Northern Aggression. Just as any Citizen should do, the Government also should acknowledge its debts. It even specifically states within it that any debt accrued for the purposes of insurrection or rebellion will not be acknowledged or paid by any state or the United States.
I, for the life of me, cannot determine where these people get the impression that they can increase the debt ceiling by circumventing the US Congress, who possesses the reigns of the public purse. This, in my opinion, is a blatant act of tyranny and another usurpation of authority that one branch of government does not possess. This is quite sad and a sad day in general! History repeats, similarly when FDR created many of the unconstitutional acts and were deemed to be so by the US Supreme Court. Another unfortunate period in history where FDR threatened to pack the courts and then all of a sudden the courts began seeing those unconstitutional acts to be constitutional…just like waving a wand of power, hmmmmmm.