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#contractsclause — Public Fediverse posts

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  1. CW: Long thread/9

    Of course, there are lots of other possibilities: Biden could issue an #ExecutiveOrder to the effect that the Debt Ceiling violates the #14thAmendment. Or that it violates the #ContractsClause. Or he could order the Treasury to start issuing #CouponFreeBonds. Or he could just #MintTheCoin:

    theverge.com/2023/5/23/2373465

    Yes, each of these would end up in front of the (degraded, corrupt, illegitimate, partisan) Supreme Court, who would very likely strike them down.

    9/

  2. CW: Long thread/9

    Of course, there are lots of other possibilities: Biden could issue an #ExecutiveOrder to the effect that the Debt Ceiling violates the #14thAmendment. Or that it violates the #ContractsClause. Or he could order the Treasury to start issuing #CouponFreeBonds. Or he could just #MintTheCoin:

    theverge.com/2023/5/23/2373465

    Yes, each of these would end up in front of the (degraded, corrupt, illegitimate, partisan) Supreme Court, who would very likely strike them down.

    9/