The Idiotic 14th Amendment Argument

May 23, 2023

by Karl Denninger Market-Ticker.org

Can we stop with the crazy?

Here’s the clause that has CNN and a bunch of other wide-eyed nuts salivating:

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.

Key: Authorized by law.