In response to:

Insane: Liberals Contemplate $1 Trillion Platinum Coin to "Solve" Debt Limit Issue

Boilermaker Wrote: Dec 08, 2012 12:36 PM

AmericanLiberal: 1st, I'm not a loser. I'm a 54 year old father of 4 hardworking adult kids. I graduated from college, operated a family farm, and have been employed by the Dept of Defense for 27 years. AGAIN - I'M NOT A LOSER. Oh, and I'm A Grandfather. This is not a Republican or Democrat caused mess. It's a "elected for life" mess, brought on by socialist progressives going back to FDR and even Wilson, and stoked by Democrats and Republicans alike. All hell is going to break loose - maybe not next year or even in the next four, but it is going to happen. We went over the "cliff" a long time ago, with all the "gifting" in the form of "social progress". The math is pretty simple...

Join the Debate!

All comments and users are subject to Townhall's new comments policy.

rmt5 in MA Wrote: Dec 08, 2012 12:44 PM

Boiliermaker: Too bad Amerikan Liberal cannot process that with the vacancy that's in his head. There is value in venting though, so your comment isn't entirely in vain. :-)

Flag as Offensive

Post Comment

Read Full Story

Insane: Liberals Contemplate $1 Trillion Platinum Coin to "Solve" Debt Limit Issue

Welcome to Zimbabwe. This is not a parody -- it is an actual report from the Washington Post:

Some economists and legal scholars have suggested that the “platinum coin option” is one way to defuse a crisis if Congress can’t or won’t lift the debt ceiling soon. At least in theory. The U.S. government is, after all, facing a real problem. The Treasury Department will hit its $16.4 trillion borrowing limit by next February at the latest. Unless Congress reaches an agreement to raise that borrowing limit, the government will no longer be able...

Related Tags: Debt Limit Inflation