Congressman Introduces Bill To Ban Minting of Trillion-Dollar Coin

Posted by Unknown on Monday January 7, 2013 @12:43PM from the supervillians-gather-in-protest dept.

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:"

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If trillion dollar coins are shaped like quarters by GoodNewsJimDotCom · 2013-01-07 13:01 · Score: 5, Funny

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
Re:Can't America get its acts together ? by l0ungeb0y · 2013-01-07 14:49 · Score: 5, Funny

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.