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It's Come to This: GOP Rep Introduces Bill to Block Trillion Dollar Coin Scheme

ca7 Wrote: Jan 08, 2013 5:35 PM
"Just because a bill to block it does not mean it is constitutional, ca7. " I suppose that is true. It does suggest that Republicans are worried that it is a legal option, however. "The part of the legislation that deals with the minting of this platinum coin is clearly meant for commemorative coins only." That's a good example of why specificity and detail in our laws are important because apparently it does not clearly apply to only commemorative coins even if that was the intent.

I humbly proffer the ultimate companion piece to this morning's item, which quoted the President Obama expressing his irritation over John Boehner's incessant carping about some "government spending problem" the president is convinced doesn't really exist.  Ladies and gentlemen, it has indeed come to this:

Lawmakers are still positioning themselves for a debt ceiling fight in a few months, but one Republican congressman wants to snuff out a particular idea immediately: the U.S. Treasury minting $1 trillion platinum coins to avert a debt ceiling showdown. Rep. Greg Walden (R-Ore.) has introduced a bill to...