Friday, March 11, 2005
President Participates in Social Security Conversation in Alabama
THE PRESIDENT: Let me ask you something about the Thrift Savings Plan. This is a Thrift Savings Plan that has a mix of stocks and bonds?
MS. WEBSTER: Yes, sir.
THE PRESIDENT: Now, how hard was that to learn how to do that?
MS. WEBSTER: And I chose the safe plan, government bonds. (Laughter.)
THE PRESIDENT: That's all right. Well, not so safe, unless we fix the deficit. But other than that -- (laughter). We're fixing the deficit. (Applause.)
The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in supressing insurrection or rebellion, shall not be questioned.
-14th. Amendment to the U.S. Constitution, Section 4.
"I do solemnly swear (or affirm) that I will faithfully execute the office of President of the United States, and will to the best of my ability, preserve, protect and defend the Constitution of the United States."
-Presidential Oath of Office
- posted by Anonymous @ Friday, March 11, 2005
Comments:
<< Home
I'm intrigued and confused. MG, are you claiming that the president has a constituionally imposed duty to balance the budget in order to ensure that the US meets its debts? If so, can you point us to other sources for this belief?
Also, are you saying that Bush, in the language that you quote, is trying to avoid that responsibility?
Give us more context. What is your underlying claim here, in your own words.
Post a Comment
Also, are you saying that Bush, in the language that you quote, is trying to avoid that responsibility?
Give us more context. What is your underlying claim here, in your own words.
<< Home
