Palin explains Economics & the Constitution; We can't go into default because of the 14th amendment

[Botany]

http://www.rawstory.com/rs/2013/10/14/constitutional-scholar-sarah-palin-explains-complicated-constitutional-law-words-to-you/

Apparently the president thinks he can furlough reality when talking about the debt limit. To suggest that raising the debt limit doesn’t incur more debt is laughably absurd. The very reason why you raise the debt limit is so that you can incur more debt. Otherwise what’s the point?

It’s also shameful to see him scaremongering the markets with his talk of default. There is no way we can default if we follow the Constitution. The Fourteenth Amendment, Section 4, requires that we service our debt first. We currently collect more than enough tax revenue to service our debt if we do that first. However, we don’t have enough money to continue to finance our ever-growing federal government (with our $17 trillion dollar national debt that has increased over 50% since Obama took office). That’s why President Obama wants to increase the debt limit. He doesn’t want to make the tough decisions to rein in government spending.

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Good God in butter how did that woman become a governor?

[TwilightGardener]

1. Thank God we have Princess Dumbass to explain it to all us stoopids out here.

[Avalux]

2. To dumb people she makes sense.

She's not necessarily dumb; she's actually quite clever at making the absurd sound reasonable. If a person didn't know any better they would think she's right.

[riderinthestorm]

4. [phone]. nt

Dismiss her at your peril...

[DJ13]

3. Dont laugh, thats the right's argument for Impeaching Obama

Seriously, thats it, word for word.

[riderinthestorm]

5. Yup. Deadly serious... nt

[tanyev]

6. Argle bargle! Bribble frap!

[B Calm]

7. Wow, her lack of intelligence never ceases to amaze me.