Tuesday, October 08, 2013

Paul Craig Roberts on the Shutdown

The inability of the media and politicians to focus on the real issues never ceases to amaze.

The real crisis is not the “debt ceiling crisis.” The government shutdown is merely a result of the Republicans using the debt limit ceiling to attempt to block the implementation of Obamacare. If the shutdown persists and becomes a problem, Obama has enough power under the various “war on terror” rulings to declare a national emergency and raise the debt ceiling by executive order. An executive branch that has the power to inter citizens indefinitely and to murder them without due process of law, can certainly set aside a ceiling on debt that jeopardizes the government.
Read the rest here.
HT: Blog reader Jason

I don't agree with all of his points but this is an interesting read with some cogent arguments.


Jason said...

"Ask and ye shall receive"

Glad you linked it!

PCR sings a darn good tune for us unaffiliated voters who are disgusted by the current political climate.

Anastasia Theodoridis said...

There is no "inability" to focus on the real issues. There is a bi-partisan determination not to. These people aren't working for you and me.

Stephen said...

So, the solution is, what? Raise tariffs? Embrace mercantilism?