From (who else?) Andy McCarthy:
Furthermore, when the federal treasury brushed up against its statutory debt limit, and Congress resisted the notion that adding $2.4 trillion to a bankrupt nation’s credit line was the way to go, Obama threatened to raise the limit and issue bonds unilaterally. In his defense, he offered a tortured construction of the 14th Amendment that melted against the Constitution’s express assignment to Congress of the power to borrow money. The president’s threat may not have passed the laugh test, but it worked. GOP opposition softened, the president got his new trillions to spend . . . and Standard & Poor promptly downgraded the nation’s credit rating for the first time in history.
It's hard to overemphasize how fantastical this history is – for starters, Obama ruled out using the 14th Amendment. The piece ends with this Malkin-worthy bit:
American constitutional republicanism has been strong enough to survive over two centuries of revolutionary self-governance, civil war, world war, terrorism, social upheaval, and periodic economic calamity. But can it survive a Ruler of Law and his trusty pitchforks?
McCarthy, of course, was a strong defender of the imperial executive and torture under the last administration.
The Dish 