Mark R.Levin: “Dershowitz is dead wrong."

From ”The Great One”, Mark R.Levin:

“Dershowitz is dead wrong. We don’t have to imagine anything. Congress and only Congress can authorize borrowing under Article I. The president must first pay interest on the debt under the Fourteenth Amendment. The federal government collects ten times as much revenue each month as it needs to cover those payments. As long as the president complies with the Constitution there can be no default. This is basic stuff. Even a Harvard law professor like Dershowitz should comprehend it.

“We are where we are because Obama is an imperial president who has contempt for the Constitution. Imagine what Madison and Hamilton would say about that.”