Obama Should Raise the Debt Ceiling on His Own - NYTimes.com

This could be - and should be now that John Boehner has broken off talks with a week to go - Obama's Truman moment. It is time to seize the steel mills like Harry did in 1949. It's a simple case: the United States meets its obligations as they come due. The President has the inherent power to do what is necessary to carry out the laws. That includes raising the money needed to meet the obligations the nation has lawfully assumed.

Eric Posner and Adrian Vermeule explain how. - GWC

Obama Should Raise the Debt Ceiling on His Own - NYTimes.com: "Where would Mr. Obama get his constitutional authority to raise the debt ceiling?

Our argument is not based on some obscure provision of the 14th amendment, but on the necessities of state, and on the president’s role as the ultimate guardian of the constitutional order, charged with taking care that the laws be faithfully executed."