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 The validity of the public debt of the United States, authorized by law,. . . sh

Organic Documents

There is no debt crisis, no need to put the day of August 2, 2011 as a fail safe date for the economic collapse of the US economy if the law is followed;

U.S. Constitution U.S. Con. 14th Amd., 4 (1868): Section 4. What Public Debts Are Valid. -- The validity of the public debt of the United States, authorized by law,. . . shall not be questioned. U.S. Constitution U.S. Con. 14th Amd., 4 (1868).

The language [The validity of the public debt of the United States, authorized by law,. . . shall not be questioned] found in U.S. Constitution 14th Amd., 4 (1868) is general and therefore applicable to all public debts.

The matter of the validity of public debt and the obligation to pay it became settled law when it was addressed in organic law by the adoption of this clause found in the 14th Amd..

All that we hear from BAM, the GOP and DEMS on the fail safe date is hype, pure and simple BS, it just that simple.

Social security is a public debt of the United States, authorized by law;

Troop deployment is a public debt of the United States, authorized by law;

The Courts are a public debt of the United States, authorized by law;

All operations of any and all branches of the Federal government and its agencies are a public debt of the United States, authorized by law.

If the branch/agency of government or its activity is not authorized by law then the debt is not authorized, nor the payment of any debt related to it. It is just that simple.

The language [The validity of the public debt of the United States, authorized by law,. . . shall not be questioned] found in U.S. Constitution 14th Amd., 4 (1868) is general and therefore applicable to all public debts.

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