...that if I were president of these here United States and; I knew for certain, or had been advised by those whose business it is to know such things for certain, that in 6 days the country was facing the probability of a financial and economic crisis; I knew that there was no plan on the horizon that had much of a chance of being passed by both Houses of Congress in time to keep that probable crisis from becoming a painful reality for the citizens of the country which I serve; I knew that there are 38 million people age 65 or over and another 13 million under 65 and disabled who depend on their Social Security checks every month. Many, if not most, who depend on those checks for their very survival, and that those checks might not be sent should that crisis occur; I knew that the country is struggling to pull out of the Great Recession, and there are already 15 to 20 million people out of work, and that another financial shock could throw us back into recession or even a depression which might cause another 15 to 20 million to be unemployed; I had been told by some with knowledge of the law and the Constitution, and even by a former president, that I had the authority to act unilaterally to keep that crisis from happening, even though it might mean problems in the courts further down the road.
It seems to me I would use that authority. It also seems to me that if I were going to use it I wouldn't dick around until the last minute of the last hour of the last day to assert that authority, and I would accept any repercussions that could result from using it as a price worth paying if it would keep that crisis from occurring.
It just seems to me.
"...Obama has all but ruled out invoking the 14th Amendment to raise the debt limit and prevent a government default.
"There is a provision in our Constitution that speaks to making sure that the United States meets its obligations, and there have been some suggestions that a president could use that language to basically ignore that debt-ceiling rule, which is a statutory rule," Obama said last week during a town hall meeting. "I have talked to my lawyers; they are not persuaded that that is a winning argument."