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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:"
....US Mint strikes $1.0 Trillion titanium coins.
"On October 20, 2009, it was reported that Walden was the first Member of Congress to contract the H1N1-A (Swine Flu) Virus.[8]"
Oddly appropriate.
"If any question why we died, Tell them because our fathers lied."
Even if it got to the President's desk with a Veto-proof majority, he could order the minting well in advance, and the Mint would have it done.
Heck, if I was Obama, I'd order up a collector's set of Jillion Dollar Coins just to fuck around with the collection of horse's asses that is the GOP.
You could totally see the Secretary of the Treasury going down to the vending machine having done an all nighter to buy a candy bar. He ends up depositing six trillion dollar coins and all he gets is a Hundred Grand in return.
God spoke to me
Will it work in a snack machine?
Scruting the inscrutable for over 50 years.
(One of Castro's workers tells him some men with a trillion dollar bill are here to see him.)
Mr. Burns: Oh, so the island's not for sale, eh? Well, will you at least permit us to live in your socialist paradise?
Castro (in disbelief): You talking about Cuba?
Mr. Burns: All we ask is preferential treatment because of my fabulous wealth!
[Burns holds the trillion dollar bill up.]
Castro: May I see?
Mr. Burns: Ho ho ho, see with your eyes, not with your hands!
Castro: Please, we are all amigos here!
Homer: Mr. Burns, I *think* we can trust the president of *Cuba*...
Mr. Burns: [hands it to Castro, and waits a couple of seconds.] Now, give it back.
Castro: Give what back?
Mr. Burns: D'oh...
(The three men are on a crudely made raft in the middle of the ocean headed back home.)
Homer: It's hard to believe there's a place worse than America, but we found it!
Mr. Burns: Yes, I, too, feel renewed appreciation for the good old US of A. Oppression and harassment are a small price to pay to live in the land of the free.
Smithers: Sir, aren't you facing some serious jail time?
Mr. Burns: Well, if it's a crime to love one's country, then I'm guilty. And if it's a crime to steal a trillion dollars from our government and hand it over to communist Cuba, then I'm guilty of that too. And if it's a crime to bribe a jury, then so help me, I'll soon be guilty of that!
Homer: God bless America!
--"The Trouble with Trillions"
Palaces, barricades, threats, meet promises
All of us balance our own checkbook at the end of every single month, and try our best to live within our means. Why can't America?
Because FUCK YOU! WE'RE AMERICA -- that's why.
At the bottom of the page Slashdot gives me this piece of advice:
"The only function of economic forecasting is to make astrology look respectable." -- John Kenneth Galbraith
Muchas Gracias, Señor Edward Snowden !