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Congressman Introduces Bill To Ban Minting of Trillion-Dollar Coin

Dainsanefh writes with news that the new Congress isn't wasting any time getting back to work. From the article: "Lawmakers are still positioning themselves for a debt ceiling fight in a few months, but one Republican congressman wants to snuff out a particular idea immediately: the U.S. Treasury minting $1 trillion platinum coins to avert a debt ceiling showdown. Rep. Greg Walden (R-Ore.) has introduced a bill to specifically ban President Barack Obama from minting the coins. The trillion-dollar coin has been previously discussed on Slashdot:"

2 of 1,059 comments (clear)

  1. Re:There's Crazy, There's Bat-shit Crazy, then.... by hsmith · · Score: 0, Flamebait

    Europeans are rioting because the spigot of free shit has run out. Americans on the government cheese will riot too when their EBT cards stop working.

    When US tax payers have had enough, expect the lower classes to act as the Europeans who want something for just converting oxygen into CO2

  2. Re:Can't America get its acts together ? by Lehk228 · · Score: 0, Flamebait

    to provide means for the more dishonest party to hold on to power unjustly?

    --
    Snowden and Manning are heroes.