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

Dave M Wrote: Dec 08, 2012 12:56 PM

Guy- frankly this type of thing is our side's biggest problem. This suggestion is so mind-boggling stupid that we simply can't comprehend anyone taking these people seriously and are at a total loss when half the country does. How do you fight this level of sheer ignorance and stupidity? How did this so-called economist get out of high school believing this kind of drivel.

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DixT Wrote: Dec 08, 2012 1:13 PM

I guess they think that if the Constitution doesn't "forbid" something, then it's OK to do it!!! And that is DANGEROUS THINKING!

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Fooling Wrote: Dec 08, 2012 1:09 PM

Note also how these geniuses are all products of Ivy League or other "elite" institutions, from President Stupid on down.

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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