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And why not ... what could possibly go wrong?
Posted on 01/19/2013 11:32:02 AM PST by Servant of the Cross
Has America’s choo-choo jumped the tracks?
I was out of the country for a few days and news from this great republic reached me only fitfully. I have learned to be wary of foreign reporting of U.S. events, since America can come off sounding faintly deranged. Much of what reached me didn’t sound entirely plausible: Did the entire U.S. media really fall for the imaginary dead girlfriend of a star football player? Did the president of the United States really announce 23 executive orders by reading out the policy views of carefully pre-screened grade-schoolers (“I want everybody to be happy and safe”)? Clearly, these vicious rumors were merely planted in the foreign press to make the United States appear ridiculous. (snip)
Meanwhile, hot from the fiscal-cliff fiasco, the media are already eagerly anticipating the next in the series of monthly capitulations by Republicans, this time on the debt ceiling. While I was abroad, a Nobel Prize–winning economist, a Harvard professor of constitutional law, a prominent congressman, and various other American eminencies apparently had a sober and serious discussion on whether the United States Treasury could circumvent the debt constraints by minting a trillion-dollar platinum coin ... most Democrat pundits appeared to favor the idea for the more straightforward joy it affords in sticking it to the House Republicans. No more tedious whining about spending from GOP congressmen. Next time Paul Ryan shows up in committee demanding to know about deficit-reduction plans, all the treasury secretary has to do is pull out a handful of trillion-dollar coins from down the back of the sofa and tell him to keep the change.
(Excerpt) Read more at nationalreview.com ...
Ping. Steyn’s latest.
—good one—I like the idea of a few weeks ago that Hillary and Timothy Geithner take one each of the platinum coins to China and Japan , present them with due ceremony , of course—announcing that we are now square-—
And why not ... what could possibly go wrong?
No metal is precious enough to solve America’s current woes. What is needed is currency forged from freshly minted elements of freedom and liberty. Unfortunately these have become pretty rare in Washington these days.
Mark Steyn ping.
Freepmail me, if you want on or off the Mark Steyn ping list.
Thanks for the ping Servant of the Cross.
Mark Steyn ping.
Freepmail me, if you want on or off the Mark Steyn ping list.
Thanks for the ping Servant of the Cross.
Can’t beat Steyn in nailing the nub of the matter:
“A penniless Yank (Uncle Sam) runs into a wealthy benefactor (Uncle Sam) who has persuaded the banking authorities (Uncle Sam) to mint a trillion-dollar coin that will allow Uncle Sam (played by Uncle Sam) to extend an unending line of credit to Uncle Sam (also played by Uncle Sam).
This seems likely to work. As for the love interest, in the final scene, Paul Krugman takes his fake dead girlfriend (played by Barack Obama’s composite girlfriend) to a swank restaurant and buys her the world’s most expensive bottle of champagne (played by Lance Armstrong’s urine sample).”
Mark Steyn ping.
Freepmail me, if you want on or off the Mark Steyn ping list.
Thanks for the ping Servant of the Cross.
Its actually the best idea ever. It allows you to print money without even having to buy ink.
Except carefully applied lead.
Steyn describes it perfectly. Talk of a trillion dollar coin is utter insanity.
47% of the population is dependent of government. The just re-elected president (a communist moslem) is hell bent on increasing that number to 100%. Riots and deaths ensue every "Black Friday" over cheap Chinese trinkets. Random acts of violence occur in the cities on a daily basis. Gun sales are through the roof. Something biog is going to happen, soon.
I hate to say this, the United States has ceased to be a serious country.
The media hypes ideas like this. Who really cares? The truth is they created a distraction and an excuse for a player to not play well. The medias is creating news ... and much of it is for gaining the reader attention.
Sad but true,
What's in your wallet?
Hearing about Obama using kiddies to formulate policy always reminds me of when Jimmy Carter said he discussed nuclear policy with his daughter Amy.
Roger Staubach was bounced from being a TV sports announcer because of his sly reference to Carter’s stupid statement. Roger was asked what he would do at a certain point in a game, and he said he asked daughter for advice on calling plays. Naturally, the liberals who run TV wouldn’t tolerate that.
Children do not have the capacity for adult reasoning. That is why we tell them what to do. We don’t ask them if they want to eat nothing but Skittles at every meal. It is absurd to allow kids to influence public policy.
The coin by the way has been named the TRILLY
Canada has the LOONY. We need to do better, the TRILLY.
Many years ago, I was in a cafe in Hazard Kentucky. At the time, Hazard was dirt poor. Seeing my Tennessee tags, they came running to beg me for change. But I digress.
At the cafe a man went to pay his bill and offered a $50 bill. The waitress said she couldn’t make change. The man put tie bill in his pocket and left, saying I’ll pay you next time. I guess he read Mark Twain’s book.
Just in case I haven’t mentioned it lately - your Steyn pings are much appreciated! ;-)
—— all the treasury secretary has to do is pull out a handful of trillion-dollar coins from down the back of the sofa and tell him to keep the change. -——
If anyone was still wondering whether Keynesian economists is a joke.
Thanks.
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