Author Topic: A trillion-dollar coin?  (Read 476 times)

Offline PeterR

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A trillion-dollar coin?
« on: January 10, 2013, 10:59:34 AM »
Quote
For days, the press and the pundits were abuzz with the fanciful notion that maybe -- just maybe -- the Treasury Department could avert a standoff over the debt ceiling by minting a cure-all trillion-dollar coin.


Read more: http://www.foxnews.com/politics/2013/01/10/legend-trillion-dollar-coin-grows-as-white-house-declines-to-rule-it-out/#ixzz2HbHQrLaZ


I think I'll hold off on any purchase until they hold a two-fer sale.


"He was born with the gift of laughter and the sense that the world was mad."

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Re: A trillion-dollar coin?
« Reply #1 on: January 10, 2013, 11:06:51 AM »
I'm gonna check under my couch cushions and see what I can get together.....
"Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government."  -Milton Friedman

Offline Solar

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Re: A trillion-dollar coin?
« Reply #2 on: January 10, 2013, 11:27:22 AM »
I'm gonna check under my couch cushions and see what I can get together.....
I heard the Tooth Fairy was passing these out to evil kids in place of real quarters.
Koolaid is for kids, TEA is for adults

Offline The Boo Man...

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Re: A trillion-dollar coin?
« Reply #3 on: January 10, 2013, 11:48:50 AM »
That'll weigh your pants down.

Any road why bother? Why not just say we have the money? Why not just write an additional trillion dollars in the ledger. This is beyond insane. Actually it is childish.

I just went down to the shed and made this little coin out of carbon fiber. I have decided it is worth $292,604. It just so happens that is the price of  a new Aston Martin DBS. How lucky is that!

Now I'm gonna go and make some new coins because I need some groceries!


Offline supsalemgr

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Re: A trillion-dollar coin?
« Reply #4 on: January 10, 2013, 12:16:01 PM »
I heard the Tooth Fairy was passing these out to evil kids in place of real quarters.

Some dems and Paul Krugman are actually serious about this. Can we get a take from the brilliant Ms. Pelosi? :smile:
"If you can't run with the big dawgs, stay on the porch!"

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Re: A trillion-dollar coin?
« Reply #5 on: January 10, 2013, 12:19:14 PM »
Some dems and Paul Krugman are actually serious about this. Can we get a take from the brilliant Ms. Pelosi? :smile:

It figures Krugman is serious about it.  Not many people are as clueless as Krugman on all things economy.
"Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government."  -Milton Friedman

Offline PeterR

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Re: A trillion-dollar coin?
« Reply #6 on: January 10, 2013, 12:42:25 PM »
Some dems and Paul Krugman are actually serious about this. Can we get a take from the brilliant Ms. Pelosi? :smile:


"We won't know what it's worth until we mint it."  -  Pelosi
"He was born with the gift of laughter and the sense that the world was mad."

Offline AndyJackson

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Re: A trillion-dollar coin?
« Reply #7 on: January 10, 2013, 12:57:28 PM »
I heard somebody joke that they could just use bitcoins.

But sadly, if they think the GOP and public won't raise a ruckus......they'll probably do it.

They float these things, guage the response, if everybody's too busy to care or make much noise......they jump in it foursquare.

Offline supsalemgr

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Re: A trillion-dollar coin?
« Reply #8 on: January 10, 2013, 01:24:25 PM »


"We won't know what it's worth until we mint it."  -  Pelosi

Thanks. I should have figured that would be her position. Her brilliance overwhelms me everytime she speaks.  :laugh:
"If you can't run with the big dawgs, stay on the porch!"

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Re: A trillion-dollar coin?
« Reply #9 on: January 10, 2013, 01:27:15 PM »
Thanks. I should have figured that would be her position. Her brilliance overwhelms me everytime she speaks.  :laugh:

He's making a joke on her quote on the HusseinCare bill....
"Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government."  -Milton Friedman

Offline kramarat

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Re: A trillion-dollar coin?
« Reply #10 on: January 10, 2013, 01:30:23 PM »
The stupidity of these people is getting overwhelming.

The day they start stamping trillion dollar coins, is the day that whatever dollars we have, become worthless paper. :cursing:

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Re: A trillion-dollar coin?
« Reply #11 on: January 10, 2013, 01:35:26 PM »
The stupidity of these people is getting overwhelming.

The day they start stamping trillion dollar coins, is the day that whatever dollars we have, become worthless paper. :cursing:

That's what they want.  That's the whole point.  Hussein Obama wants to take down the United States.
"Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government."  -Milton Friedman

Offline CubaLibre

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Re: A trillion-dollar coin?
« Reply #12 on: January 10, 2013, 01:41:25 PM »
Alchemy is alive and well my friends.

Offline kramarat

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Re: A trillion-dollar coin?
« Reply #13 on: January 10, 2013, 01:41:34 PM »
That's what they want.  That's the whole point.  Hussein Obama wants to take down the United States.

It's working. :sad:

Offline supsalemgr

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Re: A trillion-dollar coin?
« Reply #14 on: January 10, 2013, 02:00:06 PM »
He's making a joke on her quote on the HusseinCare bill....

I understood that and responded likewise.
"If you can't run with the big dawgs, stay on the porch!"

 

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