The TRILLION Dollar Coin

The TRILLION Dollar Coin

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Cathouse Mouse

Since: Aug 10

Cathouse Mouse

#1 Jan 7, 2013
The President of the United States has said it very clear - twice - that he will NOT negotiate any deal concerning the debt ceiling.

I believe him.

There are several ways that the President can by-pass Congress and simply make the call himself.

One of the quickest and most practical ways to do it would be to simply order the Treausry Dept to stamp a single platinum coin face valued at One Trillion U.S. Dollars, deposit the coin into the US Treasury account and we immediately have a trillion bucks to pay our bills.

Now before any under-educated righties come here saying this can't be done, you best be ready to issue an apology for your ignorance at a later date to be soon announced.

It's legal.

It's Constututional.

It's a real possibility if those crazy righties in Washington start acting like fools again.

Personally, I support the idea and in fact would recommend making it a $10 Trillion dollar coin so we don't have to mess with it again for a decade or so.

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“The Best is yet to come.”

Since: Dec 12

Old Milwaukee

#2 Jan 7, 2013
Cathouse Mouse wrote:
The President of the United States has said it very clear - twice - that he will NOT negotiate any deal concerning the debt ceiling.
I believe him.
There are several ways that the President can by-pass Congress and simply make the call himself.
One of the quickest and most practical ways to do it would be to simply order the Treausry Dept to stamp a single platinum coin face valued at One Trillion U.S. Dollars, deposit the coin into the US Treasury account and we immediately have a trillion bucks to pay our bills.
Now before any under-educated righties come here saying this can't be done, you best be ready to issue an apology for your ignorance at a later date to be soon announced.
It's legal.
It's Constututional.
It's a real possibility if those crazy righties in Washington start acting like fools again.
Personally, I support the idea and in fact would recommend making it a $10 Trillion dollar coin so we don't have to mess with it again for a decade or so.
Forget that, let's just print enough money to let every American household have 10 million dollars. Printing money and turning coins that are not based on capitol will solve all the U.S.'s problem. It would never cause a hyperinflation no no no.

A one trillion dollar coin. LOL What a stupid idea.
guest

United States

#3 Jan 7, 2013
Cathouse Mouse wrote:
The President of the United States has said it very clear - twice - that he will NOT negotiate any deal concerning the debt ceiling.
I believe him.
There are several ways that the President can by-pass Congress and simply make the call himself.
One of the quickest and most practical ways to do it would be to simply order the Treausry Dept to stamp a single platinum coin face valued at One Trillion U.S. Dollars, deposit the coin into the US Treasury account and we immediately have a trillion bucks to pay our bills.
Now before any under-educated righties come here saying this can't be done, you best be ready to issue an apology for your ignorance at a later date to be soon announced.
It's legal.
It's Constututional.
It's a real possibility if those crazy righties in Washington start acting like fools again.
Personally, I support the idea and in fact would recommend making it a $10 Trillion dollar coin so we don't have to mess with it again for a decade or so.
I saw this on TV early this morning. Why do you come on here with this stuff and try to make it look as though it's something you came up with? We all know you never had an original thought in your life.

Cathouse Mouse

Since: Aug 10

Cathouse Mouse

#6 Jan 7, 2013
guest wrote:
<quoted text>I saw this on TV early this morning. Why do you come on here with this stuff and try to make it look as though it's something you came up with? We all know you never had an original thought in your life.
Why didn't you share this with us earlier this morning?

See?

If it weren't for me, some here wouldn't know this tonight because the likes of you hold back important information when it doesn't serve you well politically.

Very patriotic of ya there rightie.

Cathouse Mouse

Since: Aug 10

Cathouse Mouse

#7 Jan 7, 2013
Revised Elk wrote:
<quoted text>
Forget that, let's just print enough money to let every American household have 10 million dollars. Printing money and turning coins that are not based on capitol will solve all the U.S.'s problem. It would never cause a hyperinflation no no no.
A one trillion dollar coin. LOL What a stupid idea.
Well, as my new found friend there could tell you since he said he saw a report on it, the coin would never be introduced into the economy, therefore would have no inflationary impact on the economy whatsoever.

I trust that you already have an apology prepared ?
Chuy

Rosendaal, Netherlands

#8 Jan 7, 2013
I remember when Dubya was President, then Senator Obama (already in full campaign mode) made several speeches against raising the debt ceiling. Was adamant about it. Said the gubmint should stop spending so much money (I agree with that....the f_____g Republicans CUT taxes and INCREASED spending, and did NOT pay for ANY of it. Put it all in lay-away), and live within their means.

Wow.

Now he is wearing the Presidents Hat and is BY-GOD gonna do what ever he wants/can get away with. No one will stop him because the lefties have Kool Aid stains all over their mouths and tshirts, and the righties are too disorganized/stupid to do it.

I despise them all. Not ONE of them actually works for us common trash out here in fly-over 'Merica.

“The Best is yet to come.”

Since: Dec 12

Old Milwaukee

#9 Jan 7, 2013
Cathouse Mouse wrote:
<quoted text>
Well, as my new found friend there could tell you since he said he saw a report on it, the coin would never be introduced into the economy, therefore would have no inflationary impact on the economy whatsoever.
I trust that you already have an apology prepared ?
No need for an apology, It's just a stupid idea and since it would never be introduced it is a moot point and now this thread is nothing more than a junk thread.
freeze fan

Jonesboro, AR

#10 Jan 7, 2013
Cathouse Mouse wrote:
The President of the United States has said it very clear - twice - that he will NOT negotiate any deal concerning the debt ceiling.

I believe him.

There are several ways that the President can by-pass Congress and simply make the call himself.

One of the quickest and most practical ways to do it would be to simply order the Treausry Dept to stamp a single platinum coin face valued at One Trillion U.S. Dollars, deposit the coin into the US Treasury account and we immediately have a trillion bucks to pay our bills.

Now before any under-educated righties come here saying this can't be done, you best be ready to issue an apology for your ignorance at a later date to be soon announced.

It's legal.

It's Constututional.

It's a real possibility if those crazy righties in Washington start acting like fools again.

Personally, I support the idea and in fact would recommend making it a $10 Trillion dollar coin so we don't have to mess with it again for a decade or so.
Your correct on this but you fail to mention super inflation. Which most economist predict would happen.
qwe

Memphis, TN

#11 Jan 7, 2013
Cathouse Mouse wrote:
The President of the United States has said it very clear - twice - that he will NOT negotiate any deal concerning the debt ceiling.
I believe him.
There are several ways that the President can by-pass Congress and simply make the call himself.
One of the quickest and most practical ways to do it would be to simply order the Treausry Dept to stamp a single platinum coin face valued at One Trillion U.S. Dollars, deposit the coin into the US Treasury account and we immediately have a trillion bucks to pay our bills.
Now before any under-educated righties come here saying this can't be done, you best be ready to issue an apology for your ignorance at a later date to be soon announced.
It's legal.
It's Constututional.
It's a real possibility if those crazy righties in Washington start acting like fools again.
Personally, I support the idea and in fact would recommend making it a $10 Trillion dollar coin so we don't have to mess with it again for a decade or so.
The biggest fact still remains that he refuses to negotiate. That has been the problem since the beginnin.
guest

United States

#12 Jan 7, 2013
It's not about republicans and democrats anymore, it's about a bunch of grown men who can't get along. There's more cooperation in a kindergarten class room than on Capitol Hill.
guest

United States

#13 Jan 7, 2013
Cathouse Mouse wrote:
<quoted text>
Why didn't you share this with us earlier this morning?
See?
If it weren't for me, some here wouldn't know this tonight because the likes of you hold back important information when it doesn't serve you well politically.
Very patriotic of ya there rightie.
Cat,say anything you want. Its your right.But don't portray my personal patriotism negatively. You have no idea.
Yessir

Jonesboro, AR

#14 Jan 7, 2013
Cathouse Mouse wrote:
The President of the United States has said it very clear - twice - that he will NOT negotiate any deal concerning the debt ceiling.
I believe him.
There are several ways that the President can by-pass Congress and simply make the call himself.
One of the quickest and most practical ways to do it would be to simply order the Treausry Dept to stamp a single platinum coin face valued at One Trillion U.S. Dollars, deposit the coin into the US Treasury account and we immediately have a trillion bucks to pay our bills.
Now before any under-educated righties come here saying this can't be done, you best be ready to issue an apology for your ignorance at a later date to be soon announced.
It's legal.
It's Constututional.
It's a real possibility if those crazy righties in Washington start acting like fools again.
Personally, I support the idea and in fact would recommend making it a $10 Trillion dollar coin so we don't have to mess with it again for a decade or so.
yep, and the interest will begin to accrue the second the coin is stamped. just more interest paid to the Fed by our grandkids.

Cathouse Mouse

Since: Aug 10

Cathouse Mouse

#15 Jan 7, 2013
guest wrote:
<quoted text>Cat,say anything you want. Its your right.But don't portray my personal patriotism negatively. You have no idea.
What I said was just a witty response to your statement;

"Why do you come on here with this stuff and try to make it look as though it's something you came up with?"

Now, I never once suggested that I came up with the Trillion Dollar coin, did I? So, you're getting all bent over a joke I made about you calling me a big fat phoney.

See the irony here?

Cathouse Mouse

Since: Aug 10

Cathouse Mouse

#16 Jan 7, 2013
Yessir wrote:
<quoted text>
yep, and the interest will begin to accrue the second the coin is stamped. just more interest paid to the Fed by our grandkids.
We could stamp enough coins to pay off our debt and pay ourselves the interest.

Pretty cool stuff, huh?
Yessir

Jonesboro, AR

#17 Jan 7, 2013
Cathouse Mouse wrote:
<quoted text>
We could stamp enough coins to pay off our debt and pay ourselves the interest.
Pretty cool stuff, huh?
the Fed is NOT US. It's an independent group of literally unaccountable bankers who now own our country.

Cathouse Mouse

Since: Aug 10

Cathouse Mouse

#18 Jan 7, 2013
Yessir wrote:
<quoted text>
the Fed is NOT US. It's an independent group of literally unaccountable bankers who now own our country.
Yeaaaaaah, about that .....

We're fix'n to do something very very big about busting those banks into managable sizes. We'll all be chatting about that in a couple weeks from now, and heads up - you righties are gonna be pist.
Yessi

Jonesboro, AR

#19 Jan 7, 2013
You are totally clueless. The Fed is not a commercial bank. It isn't governed by Congress. It needs to be dismantled and re-outlawed just as the Founders intended.
guest

Jonesboro, AR

#20 Jan 7, 2013
Cathouse Mouse wrote:
<quoted text>
Yeaaaaaah, about that .....
We're fix'n to do something very very big about busting those banks into managable sizes. We'll all be chatting about that in a couple weeks from now, and heads up - you righties are gonna be pist.
Maybe not. I lean that way, but I think those thieving scumbags should be regulated right down to what kind of toilet paper they have to stock. I don't know how many times I heard those idiots say "We don't need to regulate the banks. Those bankers aren't stupid. They're not going to do any thing that would lose money...". DAMN!

Does ENRON mean anything to anyone but me?!

Nail their feet to the FLOOR!

Left Brain Thinker

“I don't need no stinkin job.”

Since: May 09

Topix Bar and Grill

#21 Jan 7, 2013
The whole debt ceiling is just a fabricated legislative albatross. We could set the debt ceiling to $999 Trillion tight now today. It would not violate Congresses task to oversee borrowing. There is nothing Constitutional about the debt ceiling anyway.

“..she was the ONLY person..”

Since: Jun 08

...Trump could have beat.....

#22 Jan 7, 2013
If history is any guideline, we could help balance the budget bt giving the military a pay raise. Follow -

About a hundred years ago I was an E-5 in the world's second largest nuclear navy (ours). Congress, in its largesse, gave the military a raise. I don't remember the percentage, but when I got a "pay break-down" from disbursing, my raise amounted to 12 dollars a month. Eight of those 12 went to TAXES. I got to keep a dollar a week.

So. Give them a raise, make it go mostly to taxes, and puff out your chest about how well you are taking care of the troops. Why, it might work so well, Congress could give themselves a pay raise, while freezing the rest of the gubmint.

(scoffing) I might just run for Congress my self. As a Republican. How hard can it be? All you gotta do is vote AGAINST everything. Right?

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