[Rushtalk] Not April 1st
John A. Quayle
blueoval57 at verizon.net
Sat Jan 5 12:22:34 MST 2013
At 12:55 PM 1/5/2013, Paf Dvorak wrote:
>If today was April fools day I could understand a story like this...
This is what happens when you take basic fundamental
economics out of the school system. It's also proof that you can
NEVER allow the left anywhere near the switches and levers of
economic control. They are simply incapable of understanding how
>Can We Avert The Coming Debt Ceiling Crisis With A Magic Coin?
>Posted: 01/03/2013 6:13 pm EST | Updated: 01/04/2013 3:07 pm EST
>Because of the deal made on New Year's Day that averted the
>immediate impact of the so-called fiscal cliff, America will face a
>sequel to the debt ceiling hostage crisis that led to the super
>committee and the sequester and the fiscal cliff and the fiscal
>cliff solution and the sequel to the debt ceiling hostage crisis
>that led to the super committee and the sequester and the fiscal
>cliff and the fiscal cliff solution, et cetera, ad infinitum. The
>best of all possible fiscal cliff deals would have included a
>guaranteed de-weaponization of the debt ceiling. Since the fiscal
>cliff deal did not include any such de-weaponization, America's
>credit and the global economy are
>very much jeopardized by the dangerous lunatics who have threatened
>another round of hostage-taking.
>What can be done about it? Well, what about a magic trillion-dollar
>coin, wrought from platinum? Would that help?
>an interview with Capital New York's Reid Pilifant, Rep. Jerrold
>Nadler (D-N.Y.) suggests that it is possible to mint just such a
>coin, stick it in the Federal Reserve, and stick a fork in the
>coming debt ceiling crisis before it begins. "I'm being absolutely
>serious," Nadler told Pilifant, adding, "It sounds silly but it's
>absolutely legal. And it would normally not be proper to consider
>such a thing, except when you're faced with blackmail to destroy the
>country's economy, you have to consider things."
>Yes, it would be good to have some "things" you can do to save the
>planet from the debt ceiling psychopaths. But how does the magic
>platinum coin work? In the video above, we attempt to explain the
>whole matter without having our heads explode, right down to whether
>or not America is doomed if
>master pickpocket from that great New Yorker article steals the
>magic platinum coin.
>UPDATE: A group of citizens is
>President Barack Obama to begin minting platinum coins. If the
>petition garners 25,000 signatures, the White House will be required
>to respond. The petition reads:
>"With the creation and Treasury deposit of a new platinum coin with
>a value of $1 trillion US Dollars, we would avert the
>absurd-yet-imminent debt ceiling faceoff in Congress in two quick
>and simple steps! While this may seem like an unnecessarily extreme
>measure, it is no more absurd than playing political football with
>the US -- and global -- economy at stake."
>notmyname at thatswaytoomuch.info
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