- Joined
- Mar 18, 2011
- Messages
- 13,663
- Reaction score
- 4,633
- Location
- Fla
- Gender
- Male
- Political Leaning
- Independent
It will undermine other country's confidence in our debt and economy moreso then any of the other options. It would be nearly nuclear in congress. You thought democrats were partisan when Bush was president or republicans are partisan when Obama is president? Both will pale compared to what would occur after minting a trill dollar coin. Is it even legal? The courts would probably find that it is not, due to the intent of the legislation allowing platinum coins (collectors).
The best way to do it, is cut spending/increase revenue then increase the debt ceiling so that we can stop hitting the debt limit every couple of years. This would create themost confidence in our debt around the world and ensure democrats don't promise to cut spending only to ingore the promise - as history has shown they do.
Buck...seriously ive heard these same claims of woe and dismay my entire life...Ive heard the country is going down the tubes..we wont survive...were are so far in debt we can never get out...do you really think all this POLISTICAL GARBAGE is new...do you think politicians creating doom scenarios for political gain is new...do you think that the rich and powerful creating crisis to turn the county in the direction they want it to go is NEW....got news for you this is all contrived bs for the rich and powerfuls gain...they created this debt and this crisis now its time to put the blame where they want it so they can gain more...its all bs