Started By
Message

re: Trillion Dollar Coin Idea - Why Doesn't This Make Sense in My Head?

Posted on 1/7/13 at 7:18 am to
Posted by Doc Fenton
New York, NY
Member since Feb 2007
52698 posts
Posted on 1/7/13 at 7:18 am to
quote:

in the same since


There you go again.

Yeah, I think the idea is just to put the coin in a room as an accounting gimmick to get around the debt ceiling rule, and then to destroy the coin (without using its value as collateral to purchase or borrow anything) once some future negotiations raise the debt ceiling, or else eliminate it altogether.

To be honest, I'm in favor of eliminating the debt ceiling altogether. It's a quite silly attempt at Congress trying to impose self-restraint on itself.
Posted by ZereauxSum
Lot 23E
Member since Nov 2008
10176 posts
Posted on 1/7/13 at 7:24 am to
quote:

There you go again.


gotdammit!! I can't even blame this one on being tired!

quote:

To be honest, I'm in favor of eliminating the debt ceiling altogether. It's a quite silly attempt at Congress trying to impose self-restraint on itself.


I agree with this. If we don't want to pay for it, it shouldn't be in the budget, or in our case, whatever we've been doing in the absence of a federal budget.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram