Can Obama Raise The Ceiling?

Charles Evans Hughes, Chief Justice of the Supreme Court, opined in 1935 that while the fourth article of the fourteenth amendment referred to Union civil war debt, its language permitted broader connotations.  Bill Clinton says that's enough to let Barack Obama raise the debt limit next week without Congress raising a finger.  You can count on Obama doing whatever his Wall Street friends think best.  But it is an interesting article, and we do live in interesting times.

http://www.nytimes.com/2011/07/25/us/politics/25legal.html?ref=politics