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Mon Jan 7, 2013, 06:15 PM

GOP congressman accidentally admits President Obama could legally mint the trillion dollar coin

Source: http://www.dailykos.com/

"Walden, it turns out, has written legislation that would bar the executive branch from minting coins of any denomination. That would include the much-talked-about trillion dollar coin, which would allow the U.S. government to continue to meet its obligation in the event Congress refuses to raise the debt limit. And, as Joe Weisenthal points out, by introducing legislation to ban such a maneuver, Walden is implicitly acknowledging that under current law, the trillion dollar coin is a perfectly legal and workable way to get around the debt limit."

Read more: http://www.dailykos.com/story/2013/01/07/1177084/-GOP-congressman-accidentally-admits-President-Obama-could-legally-mint-the-trillion-dollar-coin?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+dailykos%2Findex+%28Daily+Kos%29



I love this. It may not be legal, the courts will have to weigh in, but it is no more ludicrous then Republican proposals.

20 replies, 3184 views

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Arrow 20 replies Author Time Post
Reply GOP congressman accidentally admits President Obama could legally mint the trillion dollar coin (Original post)
RetroGamer1971 Jan 2013 OP
onehandle Jan 2013 #1
RudynJack Jan 2013 #2
Xipe Totec Jan 2013 #3
RudynJack Jan 2013 #4
Xipe Totec Jan 2013 #5
PoliticAverse Jan 2013 #8
undergroundpanther Jan 2013 #16
Thinkingabout Jan 2013 #6
Mr.Bill Jan 2013 #7
Politicalboi Jan 2013 #9
classof56 Jan 2013 #10
davidpdx Jan 2013 #15
eggplant Jan 2013 #11
Liberal Veteran Jan 2013 #12
dembotoz Jan 2013 #13
Sunlei Jan 2013 #14
undergroundpanther Jan 2013 #17
Sunlei Jan 2013 #20
1StrongBlackMan Jan 2013 #18
samsingh Jan 2013 #19

Response to RetroGamer1971 (Original post)

Mon Jan 7, 2013, 06:17 PM

1. Do it. nt

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Response to RetroGamer1971 (Original post)

Mon Jan 7, 2013, 06:17 PM

2. If I had a trillion dollar coin

I'd accidentally put it in a parking meter.

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Response to RudynJack (Reply #2)

Mon Jan 7, 2013, 06:21 PM

3. That's why I would have preferred it if they minted Ningis instead.

It's hard to fit a Ningi in a parking meter...

Or a parking lot...


Or a parking planet...

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Response to Xipe Totec (Reply #3)

Mon Jan 7, 2013, 06:23 PM

4. I'll bite

what's a Ningi? Google didn't have anything obvious.

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Response to RudynJack (Reply #4)

Mon Jan 7, 2013, 06:26 PM

5. A Ningis is a triangular rubber coin six thousand eight hundred miles along each side

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Response to RudynJack (Reply #4)

Mon Jan 7, 2013, 07:04 PM

8. The Ningi is a "triangular rubber coin six thousand eight hundred miles a side"

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Response to RudynJack (Reply #2)

Mon Jan 7, 2013, 11:43 PM

16. Haha..I call duzy on that.

OMG,and I would be the one to hand it to a cashier while getting a coffee, while holding my slipping backpack listening to two freinds at the same time on while holding three drawing pencils, and an eraser and wonder where the fuck I put it and panic...4 days later...running around frantic looking under couch cushions and the cats for it.

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Response to RetroGamer1971 (Original post)

Mon Jan 7, 2013, 06:32 PM

6. President Obama is a Constitution Scholar, he knows what the Constitution states.

I feel sure the GOP in the know realizes to take a stand on the debt ceiling will only work if it is allowed. They can introduce any bill and pass it but it will not make it Constitutional.

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Response to RetroGamer1971 (Original post)

Mon Jan 7, 2013, 06:41 PM

7. Typical GOP

They spend 99% of their time passing legislation they know would be vetoed.

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Response to RetroGamer1971 (Original post)

Mon Jan 7, 2013, 07:09 PM

9. I hope no one

Accidentally puts it in a Coke machine.

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Response to RetroGamer1971 (Original post)

Mon Jan 7, 2013, 07:20 PM

10. Let me apologize for my Rep, Greg Walden.

I've never voted for him, never will, but dang--I'm stuck with him!

Sigh...

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Response to classof56 (Reply #10)

Mon Jan 7, 2013, 11:20 PM

15. I'm from Oregon and grew up in his district

hopefully during the next census we can get District 2 split and push him toward Eastern Oregon and capture the new seat.

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Response to RetroGamer1971 (Original post)

Mon Jan 7, 2013, 07:23 PM

11. Just don't lose it in the couch cushions! Well, my couch would be ok, but... n/t

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Response to RetroGamer1971 (Original post)

Mon Jan 7, 2013, 07:48 PM

12. "Can you break this into quarters for me? I gotta go buy some pop out the machine."

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Response to RetroGamer1971 (Original post)

Mon Jan 7, 2013, 07:50 PM

13. can't wait til barry finds one on the storage war tv show

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Response to RetroGamer1971 (Original post)

Mon Jan 7, 2013, 07:52 PM

14. Congress has way to much free time on their hands, someone should give them a job.

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Response to Sunlei (Reply #14)

Mon Jan 7, 2013, 11:45 PM

17. Could they come over and clean my litterboxes?

I got 4 of em' .Well golly it'll give them something productive to do during the day *snickerr*

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Response to undergroundpanther (Reply #17)

Tue Jan 8, 2013, 09:34 AM

20. LOL!! with how lazy our Congress is, those litter boxes would never be cleaned

try the litterbox that trains cats to use the toilet? I didn't think that would work when my friend tested it. But it did work for her 3 cats.

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Response to RetroGamer1971 (Original post)

Tue Jan 8, 2013, 12:08 AM

18. Posted to for later reading. n/t

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Response to RetroGamer1971 (Original post)

Tue Jan 8, 2013, 01:04 AM

19. the President should have one minted and ready to go

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