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Good News: Treasury, Fed Both Rule Out Trillion Dollar Coin

UltraMan Wrote: Jan 12, 2013 9:47 PM
Why is this even being talked about? I wish zerO actually was serious about the coin. Maybe THAT would have shown even LO-FOs what a buffoon he is.
alphonsejones Wrote: Jan 12, 2013 9:50 PM
why would you think the imbeciles would ever turn on their lord and savior

he promised to give them unicorns

The fact that high-level government officials even needed to address this issue at all should tell you how high over the shark American politics has jumped. But the Department of Treasury today did indeed comment on the "trillion dollar platinum coin" lunacy, and rejected the idea that the White House had seriously considered such a "solution" to the debt crisis. Ezra Klein at WaPo reports:

That’s the bottom line of the statement that Anthony Coley, a spokesman for the Treasury Department, gave me today. “Neither the Treasury Department nor the Federal Reserve believes that the law...