As Republicans continue to play chicken with the nation’s solvency, the idea that the president doesn’t need congressional approval to raise the debt ceiling is gaining traction. The thought bubble suggests that President Obama can raise the debt ceiling because of language in the Fourteenth Amendment stating that the nation’s debt “shall not be questioned.”
The idea has been trumpeted by none other than former president Bill Clinton. Clinton said that he would unilaterally raise the debt ceiling and “force the courts to stop me.”
Of course, President Clinton had what the scientists call “balls.” He knew how to handle a group of intractable Republicans more concerned with scoring political points than governing.
President Obama? The New York Times has his response: “I have talked to my lawyers. They are not persuaded that that is a winning argument.”
Can Aaron Sorkin please write a “Let Obama Be Obama” episode? Because sometimes Barack Obama really likes to dangle his feet in the water of whatever the hell it is he dangles his feet in, when he wants to make it look like he’s trying without pissing too many people off.
In any event, is invoking Section 4 of the Fourteenth Amendment a “winning” argument that could solve this debt crisis?
I think he’s done a terrible job with Organizing for America and for his base, and with the recognition of the people who worked for him. I frankly think the staff, the reelection staff, are incompetent fools.
– Willard Taylor, former partner (and current of counsel) at Sullivan & Cromwell, commenting to Politico on the reelection effort of President Barack Obama. Taylor served as a fundraiser for Obama’s 2008 presidential campaign.
If you want to run for president in this country, you best have quality legal counsel.
It doesn’t matter which party you are from. It doesn’t matter what your political platform is. It doesn’t matter if you believe Obamacare is exactly like your own health care plan or if you think marriage is a sacred vow shared by a man, a woman, and millions of viewers on The Bachelor. It turns out you still need competent legal counsel.
Biglaw legal counsel, as it happens. Check out the law firms that are advising the 2012 presidential candidates…
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: email@example.com.
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When you talk to a prospective lateral about your firm during their first meeting, the conversation can go deep, sideways, and in circles. There is so much to share and discuss. What path of a dialogue can you follow to get better odds of a favorable conclusion?
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The Four P’s
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