Walking Away From The Bush Debt - A radical proposal

[benburch]

Folks,

I have been wondering about this for quite some time. I know that this is going to sound really nutty, but I am serious about it, and I would like to solicit some serious comment on this.

If Bush is, as we all believe, an illegal President put into power by an illegal ruling of the Supreme Court (based on the Supreme Court not having ever been given the power to rule as they did,) then why can't we, once we take back the government;

1. First impeach the five on the court who so ruled.

2. Ask the new court to declare the Bush administration null and void, unmaking all law and all acts of that administration.

3. Prosecute Bush and all of his associates under the RICO act.

4. Jail them all (after a fair trial.)

5. Under RICO seize every penny of their assets.

6. Declare all bonds sold by the criminal government void, and walk away from their debt.

I'm really serious about this. What would prevent us from doing this?

-Ben Burch
White Rose Society Webmaster
http://www.WhiteRoseSociety.org/

[Dogmudgeon]

1. You forgot one part

The part where they are also placed on trial by the U.N. or other such international organization.

Well, it'll never happen, since the cost to the USA would be enormous with far more destructive effects than the Bush Debt itself.

--bkl

[orwell]

2. The Fix

US Bond rates would rise dramatically as they no longer would reflect essentially "risk free" investment.

This is a bad idea. The long term implications over this short term "fix" would be far worse than the fix itself.

O

[stopthegop]

3. you're right!....it sounds nutty

1. First impeach the five on the court who so ruled.
>this could be attempted...but would probably fail
on edit: besides, the SC is the highest authority on this...hard to prove they didn't have the authority to do what they did

2. Ask the new court to declare the Bush administration null and void, unmaking all law and all acts of that administration.
>there's no provision for this kind of action in the constitution

3. Prosecute Bush and all of his associates under the RICO act.
>see response to #1...and which associate? 'all of' them?

4. Jail them all (after a fair trial.)
>see response to #1...and which associate? 'all of' them?

5. Under RICO seize every penny of their assets.
>not sure RICO allows for this
6. Declare all bonds sold by the criminal government void, and walk away from their debt.
>hope you never want to see any other bonds...or have an economy

[charlie]

4. Default on bonds sold under Bush?

Wooooof... the crisis of confidence in America would wreck us. We benefit mightily from the notion (illusory or otherwise) that our credit is stellar, that investment in the US is blue chip. Bush is in the process of deflating that. But puncturing it in one swoop -- brrrr, we may never recover.

[aquart]

5. Default? DEFAULT?

Ben, I'm not allowed to say what I think of this. My biggest fear is the idiot Bush is going to do just that. And you want to make it policy.

[NewJeffCT]

10. default, never!

Bush's plan is to run up the deficit so high that, in order to keep the government running and able to pay their bonds and provide for the national defense, Bush will declare a fiscal emergency and it will be bye bye Medicare, bye bye Social Security, bye bye Dept of Education...

[mouse7]

6. Little problem with our economy collapsing if we declare debt void

We can't walk away from the debt. It would cause a massive dump of T-bills that would collapse the economy.

We just going to have to consider that the "Bush Voter Stupidity Tax" we're going to have to pay because that many people we so stupid to have voted for him in the first place. I wish we knew which taxpayers voted for him so THEY could pay the stupidity tax, but unforttunately, we'll just have to settle for putting that on the upper tax brackets.

[charlie]

7. Self-deleted

Dupe from a strange database error...

[On the Road]

8. Default is a Move of Desperation

we're not there yet. The new US government was deeply in debt after the revolution. Partial default was seriously considered. NOT do so was a wise move.

[terisel]

9. A Move to make the Bush/Cheney families pay

as well as other bad actors-including corporations- in the takeover of our government and looting of our treasury is a good move.

A very vocal demand for this to happen can prevent more theft.

[library_max]

11. Best to treat this as an "If I were king of the world" fantasy.

"I'm really serious about this. What would prevent us from doing this?"

Well, let's see. We'd have to pitch the Constitution out a window, followed by the fundamental legal principle (which precedes our Constitution) of no ex-post-facto law. We would need a military dictatorship to accomplish that. Then by voiding bonds and other acts of the Bush administration, we would be confiscating the property of foreign nationals, corporations, and governments, making the US an outlaw state in a much realler sense than it is now. We'd also need a time machine, to uninvade Iraq and Afghanistan. Shall I go on, or can we relegate this one to fantasy?