Debt Ceiling Hypocrisy

In 2006, the Illinois Sen. Barack Obama stood up on the floor of the Senate and intoned seriously against raising the debt ceiling. “The fact that we are here today to debate raising American’s debt limit is a sign of leadership failure,” Obama said. And then he launched into one of his morally indignant lecturesContinue reading “Debt Ceiling Hypocrisy”

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Bill Clinton to Obama: Forget congress, raise the debt ceiling yourself

Yesterday Bill Clinton suggested that President Barack Obama ignore congress and just raise the debt ceiling limit himself. He would supposedly invoke the 14th Amendment to the Constitution as his rationale and let the courts decide the issue. Obama demurred. This is all no accident. Having worked in the White House I can tell youContinue reading “Bill Clinton to Obama: Forget congress, raise the debt ceiling yourself”