NORMAN — Editor, The Transcript:
The Norman Tea Party is just a group of grassroots citizens who expect our government to do at least two things – follow the government set up by our Constitution and apply all laws equally to all citizens without favoritism to any particular group (in particular, well-connected or politically powerful groups.)
However, Mr. Stephan Weldom's letter to Tom Cole (Norman Transcript, Oct 10th, “Stand Up to the Tea Party”) has cast the Tea Party negatively. He should be aware of a number of things.
The framers of the Constitution set up the House of Representatives as the keeper of the purse precisely to prevent the overreaching of an “imperial” Presidency and thus to support the checks and balances that are built into our system.
Thus, it is their prerogative to allocate funds. The recent crisis was of Mr. Obama’s making, when he said, in essence, “give me 100 percent of what I want.” When a Presidency chooses to negotiate on its own terms and not in the spirit of the Constitution, it is bullying the House and not the other way around.
It is the House’s job to filter the political aims of the Executive branch through a reasonable budgeting process and to prevent any undue overreach.
Also, the President threatened our stock market and our citizens with “default.” This is just another example of his bullying, since default is impossible if he follows the Constitution (14th Amendment, Section 4) and pays our debts first. There is plenty of money to pay our bills (current tax revenue = 10 X the interest on our debt). Unless he chose to ignore the Constitution, Mr. Obama’s spending spree would have been curtailed had the House not raised the credit limit.
While this has a multitude of problems, it certainly would not have been a default as we have been led to believe. As a nation, we simply cannot keep spending more money than we take in and digitizing the difference.