In response to:

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

w-smith-84 Wrote: Jan 13, 2013 11:50 PM
annfan_777 wrote: "Democrats are the "tax and spend" party, dimwit. Congress spends the money, fool. They have controlled both houses for almost the ENTIRE previous NINE decades, you asinine clueless moron. Crawl back into the sewer from whence you came. You are the biggest idiot on Townhall. " GENIUS! Eschew a simple fact check in favor of absurd false claims and name-calling. You are so easily threatened - you obviously have self-esteem issues. It must be nice to live in a carefully constructed fantasy land of right-wing propaganda but terrifying when someone pulls back the curtain and you see how the real world works. Don't live in fear annfan and the rest of you resident sycophantic TH nutters - just pick up a book... ~Cheers

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...