> The Obama Stimulus Bill (3/2009)
> Auto Industry Bailout (4/2009)
Indirect Costs:
> 1995 NAFTA-GATT, and later Free Trade Bills (> 1995)
> Deregulation of the Financial Industry (1999 - 2004)
and thereby added to the national credit card, but, will now vote "No" for a clean "debt ceiling increase" bill will be considered to have committed an "act of treason" in not honoring the "full, faith and credit" of the USA, and will be jailed. (The food fight between the two parties over tax hikes, or spending cuts, is a separate matter).
The newer (2010) Tea party members who did not vote up the credit card will not have to vote "aye", but long standing members of the GOP and Dems who voted for any/ all of the above, and hence added to the national credit card will be held to the "act of treason" standard.
Having missed (blown) that opportunity, Obama, should now fall back to Section 4 of the Fourteenth Amendment, and just sign a document declaring the "debt ceiling" null and void, and the debt ceiling lifted forever.
Thank you.
Ayesha F. Nariman, MBA
Williamsville, NY
Appendix A:
5 Presidents Who Raised the Debt Ceiling
Debt Ceiling Increases in Modern History
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