If Congress does nothing, I have a wand and will use it!"

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Obama has completed a deal with Gringotts Wizarding Bank to magically erase the debt with a new curse supplied by Griphook. By waving his newly procured wand and repeating three times, "Erasiamus Debiticus" Obama will effect redistribution of wealth and erase the debt simultaneously. Of course his Preidential Decree to seize all businesses and private property may also have something to do with it. He who must not be named with a birth certificate has modified the curse and unleashed Erasiamus Borderlessimoso in Texas and Arizona to create more chaos to undermine the Ministry of Law and Order.