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

Cuban Peete Wrote: Dec 08, 2012 1:01 PM
Yes, a lot of republicans in leadership are beginning to see the light and will rightly toe the line for Obama! They will, indeed, throw the useless ones under the bus just like Obama did to his useless ones. Everyone is learning that Obama is ushering in a brave new world of righteous government control that will ensure fairness for all.
waynesteapartyworld Wrote: Dec 08, 2012 7:12 PM the current Republican 'leadership' is about to be jettisonedOBIMM. Write it down.

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