A speech Obama gave at the business roundtable about the debt ceiling, he is saying that in the 14th Amendment it says he can go around Congress.Which is a bunch of rubbish.

markamerica.com:

In a speaking engagement that looked suspiciously like a campaign stump speech, on Wednesday, Barack Obama implied that if Republicans attempted to tie the debt ceiling to the budgetary negotiations, he might ignore them, stating “We’re not going to play that game.” All along, Obama has shown a willingness to exceed his constitutional authority. Since the Debt Ceiling debacle of 2011, there’s word circulating in leftist circles that under the 14th Amendment, there is some authority for the President to ignore Congress in order to satisfy the payment of our debts, but no such authority exists in the 14th Amendment. This is a troubling proposition, and the fact that our Prevaricator-in-Chief now makes these kinds of implications portends potentially lethal danger to our republic. Obama has made little secret of the fact that he detests the prohibitions on excessive government authority in the US Constitution, but ladies and gentlemen, if he hasn’t gone too far already, this should be the proverbial straw that breaks the camel’s back.

To help you understand what this ludicrous, malevolent narcissist has in mind, let’s first view his speech to the Business Roundtable on Wednesday. The most interesting remarks come after the 13:00 mark, but the whole of the speech offers insight into the maniacal thinking of this man. He is going to destroy this economy to exact his revenge, and none should be in the mood to let John Boehner make deals with this sort of mindset:

http://www.youtube.com/watch?feature=player_embedded&v=dPLufmf50sg

As to the proposition that the 14th Amendment provides some authority for the President to circumvent Congress, this is a preposterous claim. The relevant sections of the Fourteenth Amendment states:

Section 4. 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.

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