From Republic To Empire
This latest episode is brought to you by the Republican Establishment…
Would you do anything to maintain your power, no matter how small it is?
Are you willing to compromise with the Devil if it means you’ll get to keep your privileges?
Do you enjoy being the token conservative at cocktail parties?
If you answered ‘Yes’ to any of these questions,
THE GOP WANTS YOU!
Welcome back to From Republic To Empire…
Tonight’s episode: We Are The Quislings.
Starring: The GOP Leadership in the House.
From Breitbart’s Mike Flynn, we learn [emphasis mine]:
In legislation filed yesterday, the House GOP Leadership made an important twist in their plan to pass a short-term increase in the debt ceiling. Rather than increase the debt ceiling by a few hundred billion dollars, buying them time for further talks on the budget, they have opted to "suspend" the debt ceiling. Its a blatant abdication of their constitutional authority. It’s an ominous sign of the talks to come.
Article 1 of the US Constitution gives Congress the exclusive authority to borrow money to fund the government. Up until World War 1, Congress would approve every bond issuance. The borrowing demands of the war made this impractical, so Congress authorized a "debt ceiling," where the government could freely borrow up to a statutory limit and then go back to Congress to approve additional borrowing. Think of it as giving your teenager a pre-paid debit card.
With this measure, the government had more flexibility to manage its affairs while preserving the Constitutional principle that Congress controlled the purse strings.
"Suspending" the debt ceiling until May upends this principle. Upon enactment, the government’s borrowing authority would be unlimited until May. Presumably, the government could borrow trillions in this window, providing either the markets or the Fed would meet the new supply of debt.
Worse, however, is that the GOP move establishes a very slippery precedent. The left has been agitating to simply eliminate the idea of a debt ceiling entirely. For all its flaws, the ceiling at least guarantees we will have some debate about government spending. The left finds this annoying. Unfortunately, the GOP plan to "suspend" the ceiling provides at least partial support to this argument. If we can "suspend" it for three months, why not a year? Once you’ve surrendered the constitutional principle behind the ceiling where and how can you draw a line?
What’s a little thing like a Constitution when, gosh darn it!, you’re trying to maintain what pathetic little power you have?
I’m reminded of the latter days of The Roman Republic, when laws and customs were routinely suspended for ‘the good of The Republic’.
While I have no idea if those who believe we are in the Biblical End Of Days are right, I have no doubt that we are living in the End Times of The American Republic.