Americans Aren't Bound To Pay the Government's Debts

If the "consent of the governed" is a sacred American principle, how does the government borrow money in our names and compel us to repay the debt? Treasury Secretary Jack Lew says if Congress doesn't raise the debt ceiling-or, as I call it, the debt sky, because apparently the sky is the limit -the government won't be able to pay all its bills ... (more)

http://reason.com/archives/2013/09/29/the-national-debt-according-to-lysander?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reason%2FArticles+%28Reason+Online+-+All+Articles+%28except+Hit+%26+Run+blog%29%29