Since politicians are experts at parsing every portion of the Constitution, I'm not surprised that it happens in every instance. Personally, I don't see how anyone could interpret "validity of the public debt... authorized by law...shall not be questioned" other than "it's a valid debt - pay it when it's due".
"..a default doesn't question the validity of the debt." No, it just means a country that does it is a flake, can't be trusted, and has no business being regarded as a world leader.
You're right; it will never get to court. It ranks right up there on the judicial fear scale with interpreting the 2nd Amendment.
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Date: 5/7/11 15:15 (UTC)"..a default doesn't question the validity of the debt." No, it just means a country that does it is a flake, can't be trusted, and has no business being regarded as a world leader.
You're right; it will never get to court. It ranks right up there on the judicial fear scale with interpreting the 2nd Amendment.