July 11-13: At Netroots Nation

The Hidden History of Guns and the 2nd Amendment Book Tour Is Coming...

Thursday, June 6: NEW YORK, NY 7:30pm

Location: The Strand (2nd floor), 828 Broadway, NYC

Monday, June 10: WASHINGTON, DC 6:30pm

Location: Busboys and Poets, 450 K St NW, Washington, DC

Wednesday, June 12: PORTLAND, OR 7:30pm

Location: Powell’s, 1005 W Burnside St., Portland

Sunday, June 23: SEATTLE, WA 7:30pm

Location: Town Hall, 1119 8th Ave, Seattle (West Entrance) w/Elliott Bay Book Company

Tuesday, June 25: SAN FRANCISCO, CA 7:00pm

Location: First Church, 2345 Channing Way, Berkeley w/The Booksmith

Friday, June 28: CHICAGO, IL 7:00pm

Location: Frugal Muse, 7511 Lemont Rd. #146 (Chestnut Court Shopping Center), Darien

Saturday, June 29: MINNEAPOLIS, MN 7:00pm

Location: Common Good Books, 38 S. Snelling Ave, St. Paul

Friday, July 12: Philadelphia, PA 4:15pm - At Netroots Nation
Location: PA Convention Center, 1101 Arch Street, Philadelphia, PA

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http://www.peaceteam.net/action/pnum1082.php

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President Must Invoke 31 USC 3102 Action Page:
http://www.peaceteam.net/action/pnum1082.php

With this context, it is astonishing that apparently nobody has
bothered to read the text of Public Debt Law of 1941 itself, embodied
in 31 USC 3101, which is what codifies a national debt limit. That
law states that

"The face amount of obligations issued under this chapter and the
face amount of obligations whose principal and interest are
guaranteed by the United States Government (except guaranteed
obligations held by the Secretary of the Treasury) may not be more
than [some arbitrary huge number] . . . "

Please take careful note of the words "EXCEPT guaranteed obligations
held by the Secretary of The Treasury". By undeniably clear law as
passed by Congress, such obligations are NOT constrained by any
so-called debt limit. Now all you have to do is run your finger down
to the very next section 31 USC 3102 [Bonds] and you will read

"With the approval of the President, the Secretary of the Treasury
may borrow on the credit of the United States Government amounts
necessary for expenditures authorized by law . . . "

By this section Congress gives the President the EXPRESS, inherent
and unilateral authority to direct the Secretary of the Treasury to
incur obligations to cover all expenditures authorized by law, which
is to say the sum of the appropriations bills Congress has already
passed. And as we have just so clearly demonstrated such obligations
are immune from any so-called debt ceiling limitation. Surely there
is some White House attorney smart enough to figure this all out as
we have.

The President must invoke this authority now, as he is fully
empowered to do by 31 USC 3102. And then Congress needs to get
serious about raising the revenues to pay its bills, and not just on
the backs of poor people.

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