"Former Assistant Secretary of the Treasury Paul Craig
Roberts warns that President Barack Obama could use the debt ceiling
crisis to seize total power, by declaring a national emergency and
passing an executive order in the name of preventing an economic
collapse. With the government still in shut down over the failure
to pass a spending bill, the U.S. faces an October 17 deadline to raise
the nation’s debt ceiling, which currently stands at almost $17 trillion
dollars."
