The Debt Ceiling Crisis in America
By Global Research
Global Research, August 01, 2011
1 August 2011
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The debt ceiling crisis can be averted by enforcing the Fourteenth Amendment, which mandates the government to pay its debts already incurred, including pensions.  That means Social Security, which IS an “entitlement,” in the original sense of the word.  We’re entitled to it because we’ve paid for it with taxes.   

-Ellen Brown, Bipartisan “Russian Roulette” and America’s Federal Debt

The devil is always in the details. And Wall Street lobbyists always have such details tucked away in their briefcases to put in the hands of their favored congressmen and dedicated senators. And in this case they have the President, who has taken their advice as to whom to appoint as his cabinet to act as factotums to capture the government on their behalf and create “socialism for the rich.”

-Michael Hudson, The Debt Ceiling Set For Progressive Repealing

Global Research presents to our readers a selection of the latest articles on the debt ceiling crisis in America:

The US Dictatorship and its White House Servant ‘President’

– by Finian Cunningham – 2011-08-01

The US Debt Ceiling Deal

– by Patrick Martin – 2011-08-01

Bipartisan “Russian Roulette” and America’s Federal Debt: The Debt Ceiling Is Unconstitutional

– by Ellen Brown – 2011-07-31

Escalating Military Spending and the Debt Ceiling: Lots of Posturing, No Solution.

– by Prof. Ismael Hossein-Zadeh – 2011-07-30

The Debt Ceiling Countdown Saga On Capitol Hill….

– by Danny Schechter – 2011-07-30

The Debt Ceiling Crisis: The Objective is to Scrap Social Security and Medicare

– by Bob Chapman – 2011-07-30

“Economic Armageddon”: Washington’s Response to a Failed Ecomomy: More War

– by Dr. Paul Craig Roberts – 2011-07-30

The Debt Ceiling Set For Progressive Repealing

– by Prof. Michael Hudson – 2011-07-29

Disastrous Outcomes From An Orchestrated Economic Crisis

– by Dr. Paul Craig Roberts – 2011-07-29

The “Towers of Basel”: The World’s Biggest Central Bank Has Private Shareholders

– by Washington’s Blog – 2011-07-29

It’s not a “Debt Crisis”. It’s “Economic Genocide”

– by Larry Chin – 2011-07-29

Obama returns to the fraud of “equal sacrifice”

– by Patrick Martin – 2011-07-28

The Greatest Depression Has Only Begun
– by Global Research – 2011-07-02

Originating in 2008, the global economic crisis took the world by storm: banks collapsed, the “too big to fail” became bigger…

Wall Street Steps Up Pressure for Deal on Budget Cuts

– by Patrick Martin – 2011-07-27

The “Solution” to America’s Debt Ceiling Crisis: Looting What has Already been Looted…

– by Bob Chapman – 2011-07-27

The Disturbing “Super Congress” that is being Created as Part of the Debt Negotiations

– 2011-07-25

Democrats, Republicans push for deeper US spending cuts

– by Patrick Martin – 2011-07-25

Michael Hudson on the Debt Ceiling. Imposing a Radical Pro-Rich Agenda

– 2011-07-23

Will the U.S. Default On Its Debt … Even If It Raises the Debt Ceiling?

– by Washington’s Blog – 2011-07-14

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