|
|
| |
Topic: The worst objection to
the platinum coin idea |
The worst objection to
the platinum coin idea
Washington Post, by Brad Plumer
|
|
Original Article
|
|
Posted By:LittleHoodedMonk, 1/9/2013 1:21:18 PM
|
| Sure, the idea of circumventing the debt ceiling with a $1 trillion platinum coin is weird. But some of the objections to the whole idea are really preposterous. (Snip) Funny, but quite wrong. The NRCC is suggesting that you need $1 trillion worth of platinum to mint a $1 trillion platinum coin. For some bullion coins, that may be true—the coin is worth the value of the underlying metal. But there’s a clear exception for U.S. platinum coins. Again, here’s Section (k) of 31 USC § 5112: (k) The Secretary may mint and issue platinum bullion coins and proof platinum coins in accordance with such specifications,
|
Comments:
My fear is that a platinum 1 Trillion dollar coin will be minted with a picture of 0bama on the head side, and his behind on the tails side.
|
 
Reply 1 - Posted by:
67cj5, 1/9/2013 1:31:33 PM (No. 9107227)
Hey! Why don´t we coin 358 million 1 trillion dollar coins? Then we could all be trillionairs!
|
Reply 2 - Posted by:
capt scurvey, 1/9/2013 1:38:50 PM (No. 9107236)
What a load of carp...
|
| |
|
Reply 3 - Posted by:
The Architect, 1/9/2013 1:40:01 PM (No. 9107239)
So Brad´s basic argument is that we should do it just because they have found a weasel word way of doing it, regardless of how irresponsible and harmful it would be? Where does the Post find these geniues´s?
|
Reply 4 - Posted by:
hoosierblue, 1/9/2013 2:01:16 PM (No. 9107301)
I think the coins are a great idea. The way inflation is going up, we can one to buy a Big Mac.
|
Reply 5 - Posted by:
Mass Minority, 1/9/2013 2:17:14 PM (No. 9107347)
The saddest part of that whole silly argument is the posters after the puff piece. Not one but many of the mental elites posting there seem to think that the "could sink the Titanic" reference in the tweet proves that Republicans are stupid. Obviously republicans, the knucklegragging source of all evil in the universe don´t know that the Titanic already sank.
Oh those stupid repunlicans.
And then they think their comments about adding a Trillion Dollars to the money supply would have no implications on inflation.
That argument is based on the fact that the trillion dollars would not actually be in the money supply. Huh? They seem to think fiat money has a value bestowed upon it magically by skittles pooping unicorns.
I have a problem with the fiat platinum coin as well. If the treasury is given the power to simply mint a coin to pay for itself why would platinum be the only material it can use?
The fed cannot mint paper coins because that would simply reduce the rest of the currencys value. Why would minting a copper trillion dollar coin be any different than a trillion dollar bill?
|
Reply 6 - Posted by:
Grady, 1/9/2013 2:30:22 PM (No. 9107377)
If the Government does this then I will begin to pay my bills
with tree leaves.
|
Reply 7 - Posted by:
Calvinesq, 1/9/2013 2:34:04 PM (No. 9107382)
The platinum coin idea is just plain lunacy. How can you rank objections to it as being bad or worse or worst, without looking like an idiot. Mr. Plumer, you win the brass ring.
|
| |
|
Reply 8 - Posted by:
OhMy, 1/9/2013 2:39:48 PM (No. 9107396)
I hear that the comedian Colbert did a skit on this to warn Obama that he would loose credibility with his low information voting base if he ever authorized it. I have given up expecting common sense from these people but perhaps this would finally jump the shark with them. If anyone can find the depth of their stupidity Obama can do it! The important discussion is what to put on the coin. I favour the likeness of Obama with the halo around his head and his head tipped back while he looks down his nose at you.
|
Reply 9 - Posted by:
VAfreedomluver, 1/9/2013 3:10:30 PM (No. 9107450)
The liberals are so completely off in their own world that they actually defend what was originally intended as a joke--the $1 trillion platinum coin idea.
|
Below, you will find ...
Most Recent Articles posted by "LittleHoodedMonk"
and
Most Active Articles (last 48 hours)
|
Most Recent Articles posted by "LittleHoodedMonk"
|
House committee takes
up tough immigration bill
|
|
Associated Press, by Erica Werner
Original Article
|
|
Posted By: LittleHoodedMonk- 6/18/2013 11:43:13 AM
Post Reply
|
|
Washington - A key committee in the Republican-led House has taken up a tough enforcement-focused immigration bill, but the proceedings were immediately interrupted by protesters shouting "Shame, shame!" More than a dozen protesters began chanting as soon as Judiciary Committee Chairman Bob Goodlatte of Virginia gaveled the committee hearing open Tuesday. Goodlatte stopped the proceedings until the protesters were ushered into the hall, where their shouts could still be heard. Goodlatte said the bill under consideration, which empowers local law enforcement to enforce federal immigration
|
NASA´s new astronauts: Will these
men and women fly to Mars?
|
|
Los Angeles Times, by Karen Kaplan
Original Article
|
|
Posted By: LittleHoodedMonk- 6/17/2013 11:03:39 PM
Post Reply
|
|
It’s been two years since NASA’s space shuttle program came to an end, but thousands of Americans still dream of becoming astronauts. Eight of them – four men and four women – were introduced Monday as NASA’s astronaut candidate class for 2013. (Snip) The bios of the eight people selected will probably make you feel like a bit of a slacker. Two of them have PhDs and one is a physician training in sports medicine. Four have experience as test pilots for the Navy or Air Force. One person is working at the Pentagon on ways to defeat the homemade bombs that have plagued troops in Iraq and
|
| |
|
G.O.P. Pushes New Abortion
Limits to Appease Vocal Base
|
|
New York Times, by Jeremy W. Peters
Original Article
|
|
Posted By: LittleHoodedMonk- 6/17/2013 10:44:27 PM
Post Reply
|
|
Washington - After Republicans lost the presidential election and seats in both the House and the Senate last year, many in the party offered a stern admonishment: If we want to broaden our appeal, steer clear of divisive social and cultural issues. Yet after the high-profile murder trial of an abortion doctor in Philadelphia this spring, many Republicans in Washington and in state capitals across the country seem eager to reopen the emotional fight over a woman’s right to end a pregnancy. (Snip) The bill stands no chance of becoming law, with Democrats in control of the Senate and the White House.
|
President-Elect of Iran Talks
of Easing Tensions With U.S.
|
|
New York Times, by Thomas Erdbrink
Original Article
|
|
Posted By: LittleHoodedMonk- 6/17/2013 10:32:20 PM
Post Reply
|
|
Tehran - President-elect Hassan Rowhani of Iran, speaking Monday for the first time since his election victory, said he wanted to reduce tensions with the United States but ruled out direct talks between the two estranged nations. In his first news conference after winning Friday’s presidential election promising more freedoms and better relations with the outside world, Mr. Rowhani called the issue of nonexistent relations between Iran and the United States “an old wound, which must be healed.” Iran, he said, wants to reduce tensions between the two countries, which have no diplomatic relations and are
|
Supreme Court Lets Regulators
Sue Over Generic Drug Deals
|
|
New York Times, by Edward Wyatt
Original Article
|
|
Posted By: LittleHoodedMonk- 6/17/2013 10:19:18 PM
Post Reply
|
|
Washington - Pharmaceutical companies that pay rivals to keep less-expensive generic versions of best-selling drugs off the market can expect greater federal scrutiny after a Supreme Court ruling on Monday. In a 5-to-3 vote, the justices effectively said that the Federal Trade Commission can sue pharmaceutical companies for potential antitrust violations, a decision that is likely to increase the number of generic drugs in the marketplace and benefit consumers. Specifically, the justices threw out lower-court rulings that said the agreements were legal, provided that a deal did not keep a generic
|
Obama Meets Putin Amid
G-8 Tension Over Syria
|
|
Bloomberg News, by Mike Dorning & Ilya Arkhipov
Original Article
|
|
Posted By: LittleHoodedMonk- 6/17/2013 10:08:25 PM
Post Reply
|
|
President Barack Obama and his Russian counterpart, Vladimir Putin, put their escalating differences over Syria on display even as they agreed to urge both sides in the civil war there to the negotiating table. (Snip) “We do have differing perspectives,” Obama said, while adding that “we share an interest in reducing the violence.” Some Western leaders publicly rebuked Putin for his support of Syrian President Bashar al-Assad as the Group of Eight summit of industrial nations began. Obama and Putin focused on areas of agreement in remarks after the talks, their first one-on-one meeting
|
Snowden rejects suggestions
he is a spy for China
|
|
Reuters, by Laura MacInnis & John Whitesides
Original Article
|
|
Posted By: LittleHoodedMonk- 6/17/2013 9:53:03 PM
Post Reply
|
|
Washington - Edward Snowden, the former National Security Agency contractor who exposed the U.S. government´s top-secret surveillance programs, fought back against his critics on Monday and denied allegations that he was a spy for China. Snowden told an online forum run by Britain´s Guardian newspaper that he revealed the programs in part out of disappointment with President Barack Obama, who he said had expanded "abusive" government programs while in office. (Snip) "I have had no contact with the Chinese government," said Snowden, who has vowed to stay in the Chinese-run former
|
| |
|
Most Active Articles (last 48 hours)
|
Edward Snowden Is In The
Process Of Destroying Any Support
And Sympathy He Has Built Up
|
|
Business Insider, by Brett LoGiurato
Original Article
|
|
Posted By: StormCnter- 6/18/2013 5:34:23 AM
Post Reply
|
|
Amid a steady rise of backlash, Edward Snowden, the 29-year-old former National Security Agency contractor who was the source of a spring of leaks about the agency´s surveillance methods, conducted a live chat on The Guardian´s website Monday morning. Judging from some of the pointed questions he´s been asked and the reaction to newly leaked revelations over the past few days, it´s clear that much of the sympathy and support Snowden had built up for his early exposures is eroding. Many Americans supported his decision to leak information about a pair of National Security Agency surveillance programs, which, he detailed, gathered information
|
Barbara Walters Defends Maher
Calling Trig Palin Retarded:
‘I Don´t Think He Intended
it to be Mean-Spirited’
|
|
Newsbusters, by John Nolte
Original Article
|
|
Posted By: JoniTx- 6/17/2013 5:19:02 PM
Post Reply
|
|
As NewsBusters reported last week, former Alaska Governor Sarah Palin called out vulgarian comedian Bill Maher for referring to her Down Syndrome son Trig as "retarded." On ABC´s The View Monday, co-host Barbara Walters astonishingly defended Maher saying, "I don´t think he intended it to be mean-spirited" (video follows with transcript and commentary): WHOOPI GOLDBERG: At a recent standup show in Las Vegas, comedian Bill Maher apparently called Sarah Palin’s five-year-old developmentally-challenged son Trig retarded. And Sarah blasted him on Twitter as a bully. Is that, is it, is he a bully? Is he a bad, what is he?
|
Jeb Bush labels conservative
critics ‘the chirpers’
|
|
Washington Post, by Aaron Blake
Original Article
|
|
Posted By: KarenJ1- 6/17/2013 1:22:30 PM
Post Reply
|
|
Jeb Bush says he’s not worried that his work toward comprehensive immigration reform and his ties to the GOP establishment will alienate conservatives and negatively impact a potential 2016 presidential campaign, referring to critics as “the chirpers.” “If I decide to run for office again, it will be based on what I believe, and it will be based on my record,” the former Florida governor said in an interview with the Christian Broadcasting Network’s David Brody. “And that record was one of solving problems completely from a conservative prospective.” Bush (R) pointed to his conservative
|
TWA Flight 800 investigators break silence
in new documentary, claim original
conclusion about cause of crash is wrong
|
|
FOX News, by Staff
Original Article
|
|
Posted By: smcchk- 6/19/2013 12:41:02 AM
Post Reply
|
|
A group of whistleblowers, including a number of aviation experts, have come forward in a new documentary to claim that the official explanation for the crash of TWA Flight 800 was wrong and a gas tank explosion did not bring down the flight off the coast of Long Island 17 years ago. However, the six whistleblowers, all part of the original investigation team, stopped short of saying the plane was shot down. Flight 800, a Boeing 747, had just taken off from JFK airport with 230 people aboard on July 17, 1996 enroute to Paris when it exploded
|
Obama: You Can´t Fathom
´Complexities´ of Syria
Policy ´If You Haven´t Been
in Situation Room´
|
|
Weekly Standard, by Daniel Halper
Original Article
|
|
Posted By: Desert Fox- 6/18/2013 5:30:04 PM
Post Reply
|
|
Charlie Rose last night asked President Obama his new Syria policy. The president first objected to it being called a new policy. "I´m not sure you can characterize this as a new policy. This is consistent with the policy that I´ve had throughout," he said. Obama then explained the goal is regional stability, and especially in Syria. "Really, what we´re trying to do is take sides against extremists of all sorts and in favor of people who are in favor of moderation, tolerance, representative government, and over the long-term, stability and prosperity for the people of Syria," said Obama.
|
| |
|
The IRS Immigration Fraud Scandal
|
|
American Spectator, by Jeffrey Lord
Original Article
|
|
Posted By: KarenJ1- 6/18/2013 10:37:24 AM
Post Reply
|
|
Marco Rubio. Paul Ryan. The IRS. Illegal immigration. And fraud to the tune of billions.. Now there’s a combustible mix. Let’s start with the IRS, illegal immigration and fraud. We’ll come back in a minute to Senator Rubio and Congressman Ryan. For those who came in late, a year before the IRS scandals burst onto the scene in early May of 2013, an alert investigative reporter for WTHR-Indianapolis (Channel 13), Bob Segall by name, produced a stunning piece of journalism. Segall’s video report is found here and we will quote from his story for the basics.
|
Obama assassination bid fears -
aircraft carriers on standby off
Irish coast during G8 summit
|
|
Belfast Telegraph [Ireland], by Staff
Original Article
|
|
Posted By: SoCalGal- 6/17/2013 11:39:01 PM
Post Reply
|
|
It is understood that a contingency plan is in place for the unlikely event that an attempt would be made on the President’s life. The Secret Service also have diplomatic immunity which will allow them to shoot to kill a would-be assassin without fear of prosecution. As part of the “evacuation route” plan, they would be able to spirit the President by chopper to one of the carriers where a jet is on standby to take him back to the United States.
|
| | |
|
|
