In response to:

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

wtmoore1 Wrote: Dec 08, 2012 2:46 PM
Hahahahahaha. Ah, yes, I forgot, it's illegal because conservatives think it sounds unfair. Get over yourselves. Republicans used procedural maneuvers all the time to frustrate the attempts of Democrats to put the brakes on their policies. And now there is SO much whining on the right when the Democrats do the same thing. Cry, cry, cry...
jimmylynn Wrote: Dec 08, 2012 3:00 PM
No, it's illegal because it's against the law and the constitution. Just because liberals win an election doesn't give them authorities and powers they don't have to run rough-shod over the American people and throw them even deeper into indebt. Liberals seen to think that just because they something is so....it is.
psydoc Wrote: Dec 08, 2012 2:57 PM
So what makes you think this is a legal procedural move, wtmoore1?

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
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