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Will a Trillion Dollar Coin eliminate the Debt Ceiling and shut up the Deficit Scolds?

by: Zappatero

Fri Jan 04, 2013 at 09:50:44 AM MST


It will certainly put an end to the destructive foolishness that Republicans have planned every time there's a vote on the debt ceiling - but only when a Democrat is in office:

WE PETITION THE OBAMA ADMINISTRATION TO:

Direct the United States Mint to make a single platinum trillion dollar coin!

With the creation and Treasury deposit of a new platinum coin with a value of $1 trillion US Dollars, we would avert the absurd-yet-imminent debt ceiling faceoff in Congress in two quick and simple steps! While this may seem like an unnecessarily extreme measure, it is no more absurd than playing political football with the US -- and global -- economy at stake.

It's legal and within the scope of the Executive branch.

It also might shut up deficit scolds like our two Vainglorious Blue Dog Senators and allow them to contemplate simple and politically smart solutions to the few economic problems we have.

Zappatero :: Will a Trillion Dollar Coin eliminate the Debt Ceiling and shut up the Deficit Scolds?
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