Passed by Congress June 13, 1866. Ratified July 9, 1868.
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 suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.
So this is it. Congress has played around for weeks. We (well, it is really just some of us) have elected upset, single-minded, thoughtless Americans to Congress. That is our fault. We are now in deep trouble because some of us thought that the Tea Party loved America and that they really would work for us and not for themselves. We were wrong. The good news is that we have a President who can work for us. The time is now for the President to stand up for the American people and take action. Today, he must direct the Secretary of the Treasury to pay all of our debts. He must use the authority in the 14th Amendment. There is no alternative. It is the President's job to protect us against enemies - foreign and domestic. Now, we are facing enemies domestic. We are facing an economic disaster. We don't need to sign any petitions. We need to call the White House or Congress. It is time for the President to act.
Today, MSM is reporting that the President is talking with Senate minority leader Mitch McConnell. Why? We have talked and talked this thing to death. There isn't a calculus that hasn't been tried. Anything that can pass the House, can't or won't pass the Senate. This is clear. Boehner put together the "best" Republican option. It was shot down by the Senate in record time. Harry Reid put together an awful Democratic option which should have never gotten out of the Senate and the Tea Party wouldn't even go for that.
It is time for President Barack Obama to save the country from the Tea Party. He must use the authority in the 14th Amendment.