NP Rank:
Obama's Two Coin Debt Ceiling Fix
by alexoscarew | December 17, 2012 at 08:01 am
52 views | 0 Recommendations | 0 comments
http://newsdoors.blogspot.com/2012/12/obamas-two-coin-debt-ceiling-fix.html
Obama's Two Coin Debt Ceiling Fix
This hasn't seen much coverage, and rightfully so, but there is an easy out for President Obama on the perpetual debt ceiling debates.
Simply mint two tiny platinum coins. I'm being serious, actually...
A little-known statute gives the secretary of the Treasury the authority to issue platinum coins in any denomination. Paper money, along with gold, silver and copper coins, are all tightly controlled.
As absurd as the idea is, it is right there in the books:
http://newsdoors.blogspot.com/2012/12/obamas-two-coin-debt-ceiling-fix.html
Advertisement


Most RecentMost Recommended Comments (0)