I am sure everyone is familiar with this graph. It shows the elected majority of Democratic Senators and the unbelievable spike in 'the filibuster' by the Republicans. This evening the Senate Minority leader has stated they would begin a filibuster of the Reid Proposal to solve the debt crisis. In doing so he is literally taking the country's well being and its economic recovery hostage to the entire future of generations of Americans to commit to a Plutocratic form of government.
This is called a bloodless coup. The Speaker Boner Bill is unworkable and the immediate stand by the Minority leader to filibuster the only provision remaining to solve the debt crisis legislatively is now hostage to a deliberate attempt to hold the USA Senate Bill hostage to passage.
I strongly urge President Obama to use the right he has in the Fourteenth Amendment to pass a new Debt Ceiling for the country. It is constitutional and as of this evening it will save the USA from having its democracy destroyed at the hands of a very minority party, namely The Tea Party caucus.
I believe President Obama will have to sign an Executive Order that is simply one single page to raise the Debt Ceiling with a second Executive Order to have immediate measures begin on reducing the federal government's debt. I am confident Secretary of the Treasury could elaborate to the credit worthiness of the USA, especially considering its currency is globally stable to all financial markets. The second Executive Order would be a 'good faith' measure that Secretary Geithner could prove the good intentions of its government to succeed in reducing its debt while growing its economy and expanding its tax base.
The USA already has a Presidential Commission report, the measure to address the nation's debt started long before this crisis. President Obama should take some comfort in writing a clear Debt Ceiling increase as noted today after his address of the nation, the people responded to his plea for help with the House and the USA markets began rebounding to a close of less than one percent drop today. That was quite a bit less than it was headed before President Obama spoke.
The Tea Party was fashioned and promoted by a media mogul that has been found to break the laws of Great Britain through invasion of privacy of citizens of that nation. There is every reason to believe the USA is in danger of losing its sovereignty and it is the President's right and duty to protect the nation from a hostile agenda by very wealthy and powerful people. I implore him to do just that. The evidence is all too obvious.
I would think the Attorney General should be at the ready to solve these circumstances with an investigation into the intent of the Republican House and Senate to sabotage the sovereignty of the USA. Financial sovereignty is just as important if not more so then military sovereignty.