In response to:
Mint the coin. Don't give these morons a single inch. Congress paying the bills it racked up is not a negotiating point. If the hammer doesn't fall now we are going to go through this stuff every time we hit the debt ceiling.
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...
Suppose I owe you $100. If I go to a Monopoly game and get a bill marked $100 from the game and give it to you, have I paid the money I owe you? Minting trillion dollar coins is the same thing as going to the Monopoly game for the money.
Can't you figure that out?